-----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, AbqX6LmgmFpeXIm+2JF1hi2uMjYQwbHKM/AveyKRSN8PtuLulRCA3Why9OzG0gYc 2JJXbMPfhXT5RQX45kd5KQ== 0000929624-99-002051.txt : 19991201 0000929624-99-002051.hdr.sgml : 19991201 ACCESSION NUMBER: 0000929624-99-002051 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991118 ITEM INFORMATION: FILED AS OF DATE: 19991130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NAPA NATIONAL BANCORP CENTRAL INDEX KEY: 0000700699 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 942780134 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-11090 FILM NUMBER: 99766819 BUSINESS ADDRESS: STREET 1: 3263 CLAREMONT WAY CITY: NAPA STATE: CA ZIP: 94558 BUSINESS PHONE: 7072572440 MAIL ADDRESS: STREET 1: 3263 CLAREMONT WAY CITY: NAPA STATE: CA ZIP: 94558 8-K 1 FORM 8-K OMB APPROVAL ----------------------------- UNITED STATES OMB Number: 3235-0060 SECURITIES AND EXCHANGE COMMISSION Expires: May 31, 2000 Washington, D.C. 20549 Estimated average burden hours per response 5.00 -----------------------------
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) NOVEMBER 18, 1999 --------------------- NAPA NATIONAL BANCORP - ----------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) CALIFORNIA 0-11090 94-2780134 - ----------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 901 MAIN STREET, NAPA, CALIFORNIA 94559-3044 - ----------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (707) 257-2440 --------------------- NOT APPLICABLE - ----------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) EXHIBITS. 99.1 Joint Press Release dated November 19, 1999. SIGNATURES* Pursuant to the requirements of the Securities Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
NAPA NATIONAL BANCORP ----------------------------------------------------------------- (Registrant) NOVEMBER 24, 1999 /s/ Brian J. Kelly - -------------------------------------------------------------- ----------------------------------------------------------------- Date Brian J. Kelly Chief Operating Officer
* Print name and title of the signing officer under his signature. EX-99.1 2 PRESS RELEASE Exhibit 99.1 Friday November 19, 8:02 am Eastern Time Company Press Release Wells Fargo, Napa National Bancorp Announce Definitive Acquisition Agreement NAPA, Calif.--(BUSINESS WIRE)--Nov. 19, 1999--Wells Fargo & Company (NYSE: WFC) --- and Napa National Bancorp said today they have signed a definitive agreement for Wells Fargo to acquire Napa National Bancorp and its subsidiary Napa National Bank. Napa National Bank, founded in 1982, serves retail and business customers through four locations in Napa Valley. It has 80 employees and $160 million in assets. The acquisition, scheduled to be completed in the first quarter of next year, requires approval from banking regulators and shareholders of Napa National Bancorp. Under the terms of the agreement, valued as of the close of trading Nov. 18, Wells Fargo will issue approximately $33 million of its common stock for all the stock of Napa National Bancorp. Assuming all outstanding options to purchase Napa National stock are exercised before the transaction closes, Napa National shareholders will receive approximately $36.55 of Wells Fargo common stock for each Napa National share they own. "We are pleased to welcome Napa National Bank to our Wells Fargo family," said Anat Bird, regional president for Wells Fargo in Northern California. "Napa National has strong roots in the Napa Valley and they're known for outstanding customer service. With this acquisition, customers will continue to enjoy both that commitment to community banking and superior customer service." According to Bird, "Banking decisions still will be made locally in the Napa Valley and customers will enjoy the convenience of being able to bank at almost 3,000 locations across 22 states, through more than 6,500 ATMs and the industry's leading Internet bank and take advantage of one of the broadest sets of products and services in our industry." "The highly successful Wells Fargo philosophy of maintaining local authority and providing quality service will fit well with Napa National," said Brian Kelly, chief executive officer of Napa National Bank. "Joining Wells Fargo is a great opportunity for our customers because they'll be able to take advantage of more services than a bank our size could provide. "The new Wells Fargo can offer our customers an unparalleled range of financial products -- investments to mortgages to insurance -- while still retaining the high level of local service our customers expect and deserve." Wells Fargo is a $207 billion diversified financial services company providing banking, insurance, investments, mortgage and consumer finance through almost 6,000 stores, the Internet (www.wellsfargo.com), and other distribution channels ------------------ across North America and elsewhere internationally. Contact: Wells Fargo Bank Stacy Smithers, 916/440-4172 or Napa National Brian Kelly, 707/259-5501 -----END PRIVACY-ENHANCED MESSAGE-----