-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PBSWWIlhte+hMCh0bQLGsevUrPhN0PmcoLQoaVzmTF5NPZpAwzu7+DjRlCInGG/J af0+PsTeBID3zOUejfjmyw== 0001019056-08-000611.txt : 20080509 0001019056-08-000611.hdr.sgml : 20080509 20080509145735 ACCESSION NUMBER: 0001019056-08-000611 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080509 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080509 DATE AS OF CHANGE: 20080509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SERVICE 1ST BANCORP CENTRAL INDEX KEY: 0001225078 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 320061893 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50323 FILM NUMBER: 08817884 BUSINESS ADDRESS: STREET 1: 2800 W MARCH LANE SUITE 120 CITY: STOCKTON STATE: CA ZIP: 95219 BUSINESS PHONE: 2099567800 MAIL ADDRESS: STREET 1: 2800 W MARCH LANE SUITE 120 CITY: STOCKTON STATE: CA ZIP: 95219 8-K 1 service_8k.txt FORM 8-K 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): May 9, 2008 SERVICE 1ST BANCORP ------------------------------------------------------ (Exact name of registrant as specified in its charter) CALIFORNIA 000-50323 32-0061893 - ---------------------------- ------------- ---------------------- (State or other jurisdiction (File Number) (I.R.S. Employer of incorporation) identification number) 49 W. 10th Street, Tracy, California 95376 ----------------------------------------------------- (Address of principal executive offices and zip code) (209) 956-7800 ---------------------------------------------------- (Registrant's telephone number, including area code) 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 240.13c-4(c)) Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers On May 7, 2008, Registrant received a letter from Executive Vice President/Chief Credit Officer Thomas Vander Ploeg, pursuant to which Mr. Vander Ploeg resigned his position at Service 1st Bank effective May 30, 2008. The reasons for Mr. Vander Ploeg's resignation are set forth in the letter and are not the result of any disagreement with the registrant on any matter relating to the registrant's operations, policies or practices. The registrant has provided Mr. Vander Ploeg with a copy of this disclosure prior to filing this Form 8-K with the Commission and he had an opportunity to provide the registrant with a letter addressed to the registrant stating whether he disagrees with the statements made by the registrant in this disclosure. No such additional letter has been received by the registrant. Patrick Carman, President and COO, will indefinitely assume the duties of Chief Credit Officer. The foregoing is qualified by reference to the letter attached as Exhibit 99.1 Item 9.01. Financial Statements and Exhibits a. Financial Statements -------------------- None. b. Pro Forma Financial Information ------------------------------- None. c. Exhibits -------- (99.1) Letter of Resignation dated May 7, 2008. Page 2 of 5 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. May 9, 2008 Service 1st Bancorp By: /s/ ROBERT BLOCH -------------------------- Executive Vice President / Chief Financial Officer Page 3 of 5 EXHIBIT INDEX Sequential Exhibit Number Description Page Number - -------------- ----------- ----------- 99.1 Letter of Resignation dated May 7, 2008 5 Page 4 of 5 EX-99.1 2 ex99_1.txt EXHIBIT 99.1 EXHIBIT 99.1 May 7, 2008 John O. Brooks, Chairman of the Board/CEO Patrick Carman, President/COO Service 1st Bank 60 West 10th Street Tracy, CA. 95376 Gentlemen, Effective May 30, 2008, I am resigning my position as Executive Vice President/Chief Credit Officer of Service 1st Bank to both pursue new opportunities, and to assist the Bank in reducing its' non-interest expense through a reduction in Executive Management staff. It has been my distinct pleasure to serve with so many people of high professionalism and moral character as are connected with or employed by Service 1st Bank. The leadership and guidance provided by the Board of Directors and the Executive Management Team of the Bank has been a very rewarding experience for me over the past twelve months. I wish to thank everyone for their hard work and support over the past year; most especially those with whom I've had the privilege of working with in the lending area of the Bank. I am hopeful that in some small way I've been able to enhance their knowledge of the lending process and prudent risk management practices. I will always value the friendships that I've made here and wish everyone the best in their careers at Service 1st Bank. Sincerely, Tom Vander Ploeg Executive Vice President Chief Credit Officer Page 5 of 5 -----END PRIVACY-ENHANCED MESSAGE-----