8-K 1 form8k.htm HERITAGE PURCHASE Heritage Purchase


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): February 13, 2006


CAPITAL CORP OF THE WEST
(Exact Name of Registrant as Specified in Charter)
 
 


California
0-27384
77-0147763
(State or Other Jurisdiction
(Commission File
(IRS Employer
of Incorporation)
Number)
Identification No.)



550 West Main Street, Merced, California 95340
(Address of Principal Executive Offices) (Zip Code)


(209) 725-2200
(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:

 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 January 31, 2006, County Bank, a subsidiary of Capital Corp of the West, agreed to purchase approximately $30,000,000 of asset based loans from Heritage Bank of Commerce, a subsidiary of Heritage Commerce Group. As part of this transaction, several former employees of Heritage Commerce Group have joined County Bank. These employees are responsible for the management and expansion of this segment of County Bank’s loan portfolio and will be based out of San Jose, CA which is County Bank’s 23rd branch. Capital Corp of the West issued a press release related to this loan acquisition on February 9, 2005. A copy of the press release appears as Exhibit 99.1 to this Current Report and is incorporated herein by reference.


ITEM 9.01 Financial Statements and Exhibits

(a) Financial Statements of Business Acquired.
Not Applicable

(b) Pro Forma Financial Information.
Not Applicable

(c) Exhibits
99.1 Copy of press release, dated February 9, 2006, issued by Capital Corp of the West.


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.


Capital Corp of the West
------------------------------
(Registrant)



Dated: February 13, 2006
By/s/ David A. Curtis
 
David A. Curtis
 
Senior Vice President and Controller