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

Date of Report (Date of earliest event reported): July 31, 2022

TERRITORIAL BANCORP, INC.
(Exact Name of Registrant as Specified in its Charter)

Maryland
001-34403
26-4674701
(State or Other Jurisdiction)
(Commission File No.)
(I.R.S. Employer
of Incorporation)
  
Identification No.)
     
1132 Bishop Street, Suite 2200, Honolulu, Hawaii
  
96813
(Address of Principal Executive Offices)
  
(Zip Code)

Registrant’s telephone number, including area code: (808) 946-1400

Not Applicable
(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 (see General Instruction A.2. below):

☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
  
Trading
Symbol(s)
  
Name of each exchange on which registered
Common Stock, par value $0.01 per share
  
TBNK
  
The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the 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 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
 
On July 31, 2022, David Murakami, a director of Territorial Bancorp Inc. (the “Company”) and Territorial Savings Bank (the “Bank”), the Company’s wholly owned subsidiary, notified the Bank that he was resigning, effective immediately, due to health reasons.

The Company and the Bank are saddened to report that Mr. Murakami passed away of natural causes on August 1, 2022.  Mr. Murakami served as a director of the Bank since 2006.  He will be greatly missed and the Company and the Bank extend their sincere condolences to Mr. Murakami’s family.

Item 9.01
Financial Statements and Exhibits.
         
Not applicable.





SIGNATURES

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.


   
Territorial Bancorp Inc.
 
 
 
DATE:  August 2, 2022
By:  
 /s/ Vernon Hirata
   
Vernon Hirata, Co-Chief Operating
   Officer and Secretary