8-K 1 a6127026.htm PACIFIC CAPITAL BANCORP 8-K

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): December 18, 2009

PACIFIC CAPITAL BANCORP
(Exact name of registrant as specified in its charter)

California

0-11113

95-3673456

(State or other jurisdiction of
incorporation or organization)

(Commission File
Number)

(IRS Employer
Identification No.)


1021 Anacapa Street
Santa Barbara, California

93101

(Address of principal executive offices)

(Zip Code)


Registrant’s telephone number, including area code: (805) 564-6405

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:

⃞ 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))

Item 8.01.     Other Events.

On December 18, 2009, Pacific Capital Bank, N.A. (the “Bank”), a wholly-owned subsidiary of Pacific Capital Bancorp, received a directive from the Office of the Comptroller of the Currency (the “OCC”) that the Bank may not originate, purchase or hold Refund Anticipation Loan (“RAL”) loans, and that the Bank should take whatever steps are necessary to accomplish this result under the Bank’s respective contracts with third party vendors.  A copy of the press release issued December 24, 2009, disclosing the directive, is attached as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01.     Financial Statements and Exhibits.

(d)       Exhibits.

  Exhibit No.  

Description

99.1 Press Release dated December 24, 2009.

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.

PACIFIC CAPITAL BANCORP

(Registrant)

 
 

December 24, 2009

By:

/s/ FREDERICK W. CLOUGH

Frederick W. Clough

Executive Vice President and

General Counsel

INDEX TO EXHIBITS

Exhibit No.  

Description

99.1

Press Release dated December 24, 2009.