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2026-05-21
2026-05-21
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
May 21, 2026
Date of Report (Date of earliest event reported)
Steele Bancorp, Inc.
(Exact name of registrant as specified in its charter)
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Pennsylvania
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333-284191
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23-2362874
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(State or other jurisdiction of
incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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250 East Chestnut Street
Mifflinburg, PA 17844
(Address of principal executive offices)
570-966-1041
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4 (c))
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Securities registered pursuant to Section 12(b) of the Exchange Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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None
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None
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None
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Indicated by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2) ☐
If an emerging growth company, indicate by check mark if registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐
ITEM 8.01 OTHER EVENTS.
On May 21, 2026, Steele Bancorp, Inc. (“Steele”) issued a press release titled “Steele Bancorp, Inc. Declares Dividend” attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(a) Not applicable
(b) Not applicable
(c) Not applicable
(d) Exhibits.
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Exhibit Number
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Description
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99.1
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Press Release issued by Steele Bancorp, Inc. on May 21, 2026 titled “Steele Bancorp, Inc. Declares Dividend”
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104
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Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
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Date: May 21, 2026
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Steele Bancorp, Inc.
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By:
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/s/ Thomas C. Graver Jr.
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Name:
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Thomas C. Graver Jr.
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Title:
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Senior Executive Vice President & Chief Financial Officer
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Exhibit 99.1
STEELE BANCORP, INC. DECLARES DIVIDEND
Mifflinburg, PA – Steele Bancorp, Inc. (OTCID Pink: “STLE”) (“Steele”), the bank holding company for Central Penn Bank & Trust, announced that on May 21, 2026, Steele’s Board of Directors declared a regular semi-annual cash dividend.
Dividend Declared
On May 21, 2026, Steele’s Board of Directors declared a regular semi-annual cash dividend of $0.76 per share for the six months-ended June 30, 2026. The dividend is payable June 29, 2026, to shareholders of record as of June 15, 2026. Year-to-date dividends declared in 2026 total $0.76 per share compared to $0.74 per share for the same period in 2025.
About Steele Bancorp, Inc.
Steele Bancorp, Inc. is the bank holding company for Central Penn Bank & Trust (the “Bank”), headquartered in Mifflinburg, Pennsylvania. The Bank is a full-service commercial bank, serving customers from twelve locations in Centre, Northumberland, Snyder, and Union counties in central Pennsylvania. The Bank has 173 employees and total assets of $1.27 billion as of March 31, 2026.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of current or historical fact and involve substantial risks and uncertainties. Words such as "anticipates," "believes," "estimates," "expects," "forecasts," "intends," "plans," "projects," "may," "will," "should," and other similar expressions can be used to identify forward-looking statements. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements include, but are not limited to the following: costs or difficulties related to integration following the merger with Northumberland Bancorp; the risk that the anticipated benefits, cost savings and other savings from the merger may not be fully realized or may take longer than expected to realize; changes in general economic trends, including inflation and changes in interest rates; our ability to manage credit risk; our ability to maintain an adequate level of allowance for credit loss on loans; increased competition; changes in consumer demand for financial services; our ability to control costs and expenses; fluctuations in the values of securities held in our securities portfolio, including as a result of changes in interest rates; our ability to successfully manage liquidity risk; adverse developments in borrower industries and, in particular, declines in real estate values; the concentration of large deposits from certain customers who have balances above current FDIC insurance limits; changes in and compliance with federal and state laws that regulate our business and capital levels; our ability to raise capital as needed; the impact to the economy resulting from the conflict with Iran; and any other risks described in the “Risk Factors” sections of reports filed by Steele with the Securities and Exchange Commission. We do not undertake, and specifically disclaim, any obligation to publicly revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements, except as required by law. Accordingly, you should not place undue reliance on forward-looking statements.
