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): February 2, 2004

PACIFIC CREST CAPITAL, INC.

(Exact name of registrant as specified in its charter)

Delaware	95-4437818
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)
Commission File Number: 0-22732
30343 Canwood Street Agoura Hills, California 91301
(Address of principal executive offices and zip code)
(818) 865-3300
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)

Item 5.Other Events.

On February 2, 2004, Pacific Crest Capital, Inc. (the “Company”) issued a press release announcing that the Board of Directors approved a $0.10 per common share cash dividend for the first quarter of 2004.  The dividend will be paid on Tuesday, February 24, 2004 to shareholders of record as of Monday, February 16, 2004.

The Company’s press release announcing the above is attached as Exhibit 99.1 to this report.

Item 7.Financial Statements and Exhibits.

(c)Exhibits.

EXHIBIT NUMBER	DESCRIPTION
99.1	Press release of Company dated February 2, 2004 announcing that the Board of Directors approved a $0.10 per common share cash dividend for the first quarter of 2004.

2

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 Crest Capital, Inc.
		(Registrant)
Date:  February 3, 2004	By:		/s/ ROBERT J. DENNEN
			Robert J. Dennen
			Senior Vice President and Chief Financial Officer

3

EX-99.1

Exhibit 99.1

Contact:	Gary Wehrle	Pacific Crest Capital, Inc.
	Chief Executive Officer	30343 Canwood Street
	818-865-3300	Agoura Hills, CA  91301
NEWS

PACIFIC CREST CAPITAL, INC. DECLARES A $0.10 PER COMMON SHARE
DIVIDEND FOR THE FIRST QUARTER OF 2004

Agoura Hills, California, February 2, 2004…Pacific Crest Capital, Inc. (Nasdaq NM-PCCI) today reported that its Board of Directors has approved a $0.10 per common share cash dividend for the first quarter of 2004.  The $0.10 per share cash dividend will be paid on Tuesday, February 24, 2004 to shareholders of record as of Monday, February 16, 2004.

Pacific Crest Capital, Inc. is a bank holding Company that conducts business through its wholly owned subsidiary, Pacific Crest Bank (“Bank”).  Since its establishment in 1974, Pacific Crest Bank has operated as a specialized business bank providing exceptional service to small businesses, entrepreneurs, and investors.  Products offered include customized loans on income producing real estate, business loans under the U.S. Small Business Administration (“SBA”) 7(a) and 504 loan programs, lines of credit and term loans to businesses and professionals, and specialized FDIC-insured savings and checking account programs. The Bank is an SBA “Preferred Lender” in California, Oregon, and Arizona.  Pacific Crest Bank is headquartered in Agoura Hills, California, operates three California full-service branches located in Beverly Hills, Encino, and San Diego and provides loan production services primarily throughout California and Oregon.

Previously released Company press releases, reports filed with the Securities and Exchange Commission, and other information is available on the Company’s Web page on the Internet at http://www.paccrest.com.

1