-----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, WHcAnCHZQFmNjjDnNvqTKE7Len1rWz1R2anDAqUytS/F6W+2JwPrVGFLVD/8yOVh mtH5KmapQj4sl0/rNE5XiQ== 0000921085-03-000006.txt : 20030128 0000921085-03-000006.hdr.sgml : 20030128 20030128110234 ACCESSION NUMBER: 0000921085-03-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030128 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030128 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CENTRAL COAST BANCORP CENTRAL INDEX KEY: 0000921085 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 770367061 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25418 FILM NUMBER: 03527069 BUSINESS ADDRESS: STREET 1: 301 MAIN ST CITY: SALINAS STATE: CA ZIP: 93901 BUSINESS PHONE: 4084226642 MAIL ADDRESS: STREET 1: 301 MAIN STREET CITY: SALINAS STATE: CA ZIP: 93901 FORMER COMPANY: FORMER CONFORMED NAME: SALINAS VALLEY BANCORP DATE OF NAME CHANGE: 19940330 8-K 1 news_summary.txt SUMMARY OF PRESS RELEASE REPORTING STOCK DIVIDEND SECURITIES & 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): January 28, 2003 ---------------- CENTRAL COAST BANCORP ----------------------------------------------------- (Exact name of registrant as specified in its charter) STATE OF CALIFORNIA 0-25418 77-0367061 - ----------------------------- ---------- ---------------- (State or other jurisdiction) (Commission file (I.R.S. Employer of incorporation or organization) number) Identification No.) 301 Main Street, Salinas, California 93901 - -------------------------------------- -------- (Address of Principal Executive Offices) (Zip Code) Registrants telephone number including area code: (831) 422-6642 -------------------- Not Applicable ------------------------------------------------------------- (Former name or former address, if changed since last report). Page 1 of 5 The Exhibit Index is on Page 4 1 Item 5. Other Events. On January 27, 2003, the Board of Directors of Central Coast Bancorp (NASDAQ/CCBN) approved a 10% stock dividend. Shareholders will receive one (1) additional share of Common Stock for every ten (10) shares outstanding. Item 7. FINANCIAL STATEMENTS AND EXHIBITS. (a) FINANCIAL STATEMENTS. Not Applicable. (b) PRO FORMA FINANCIAL INFORMATION. Not Applicable. (c) EXHIBITS. (99.1) Press Release dated January 28, 2003 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. CENTRAL COAST BANCORP Date: January 28, 2003 By: /s/ ROBERT M. STANBERRY ---------------------------- Robert M. Stanberry, CFO 3 EXHIBIT INDEX Sequential Exhibit No. Description Page No. - ----------- ----------- -------- 99.1 Press Release dated January 28, 2003 5 4 EX-99 3 news_release.txt PRESS RELEASE DECLARING 10% STOCK DIVIDEND CENTRAL COAST BANCORP CENTRAL COAST BANCORP ANNOUNCES 10% STOCK DIVIDEND -------------------------------------------------- PRESS RELEASE Contact: Robert Stanberry Chief Financial Officer For release 9:00am EST (831) 422-6642 rstanberry@community-bnk.com Salinas, California -- January 28, 2003. At its regularly scheduled meeting on January 27, 2003, the Board of Directors of Central Coast Bancorp (NASDAQ/CCBN) approved a 10% stock dividend. The dividend is payable on February 28, 2003 to holders of record at the close of business on February 14, 2003. Nick Ventimiglia, Chairman and CEO, noted that this will be the 17th stock dividend or split in the twenty years of the Company's existence. The Board feels the split will help improve market liquidity of its common shares, as total shares outstanding will increase to approximately 9,918,000 shares from 9,016,000 at December 31, 2002. An investor who bought 1,000 shares of Community Bank of Central California stock when the Company was organized in 1982, would now have 14,966 shares, or 16,462 after the coming stock dividend. If purchased at the initial offering of $10 a share, or $10,000, the stock would be worth $282,109 at yesterday's closing price of $18.85. This represents a 17.2% compounded rate of return. Central Coast Bancorp operates as a holding company for Community Bank of Central California. Community Bank, headquartered in Salinas, has branch offices located in: the Monterey County communities of Salinas, North Salinas, Monterey (2), Seaside, Marina, Castroville, Gonzales and King City; the Santa Clara County community of Gilroy; the Santa Cruz County community of Watsonville; and in the San Benito County community of Hollister. The Bank provides traditional deposit, lending, mortgage and commercial products and services to business and retail customers throughout the California Central Coast area. The Bank has an Internet web site at www.community-bnk.com. 301 Main Street, Salinas, California 93901 -----END PRIVACY-ENHANCED MESSAGE-----