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Stockholders' Rights Plan | 12 Months Ended
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Dec. 31, 2014
Stockholders' Rights Plan |
Stockholders' Rights Plan | Note 22: Stockholders’ Rights Plan On September 12, 2012, the Company and the Bank, as rights agent, entered into the Amended and Restated Rights Plan and Tax Benefits Preservation Plan (the “Rights Plan”). The Rights Plan amended the Rights Agreement, dated September 17, 2002. The purpose of the Rights Plan is to protect the Company’s deferred tax asset against an unsolicited ownership change, which could significantly limit the Company’s ability to utilize its deferred tax assets. The Rights Plan was ratified by the Company’s stockholders at the Company’s 2013 annual meeting. The Rights Plan was also amended in connection with the Company’s issuance of 15,525,000 shares of common stock in the second quarter of 2014. This 2014 amendment allowed two investors to acquire more than 5% of the Company’s common stock. For a description of the Rights Plan, please refer to the Company’s Form 8-A, filed September 13, 2012.

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- Definition Disclosure of Stockholder's right plan adopted by entity during the reporting period. It may includes distribution of specific number of right shares for each share of company's outstanding common stock. + References No definition available. + Details
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