-----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, T8WcWvHSbNBgN7cWQyj4wYOcLrvJQHvpYI4FE5fDaWDA+aRx8CG8r2G6tIDn1gpy qVh2wQPJYw9alXZLFyFYNg== 0001047469-98-028587.txt : 19980803 0001047469-98-028587.hdr.sgml : 19980803 ACCESSION NUMBER: 0001047469-98-028587 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19980727 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980729 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: REGENCY BANCORP CENTRAL INDEX KEY: 0000927718 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 770378956 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-23815 FILM NUMBER: 98672769 BUSINESS ADDRESS: STREET 1: 7060 N FRESNO CITY: FRESNO STATE: CA ZIP: 93720 BUSINESS PHONE: 2094382600 MAIL ADDRESS: STREET 1: PO BOX 16279 CITY: FRESNO STATE: CA ZIP: 93755-6279 8-K 1 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) July 27, 1998 REGENCY BANCORP (Exact name of registrant as specified in its charter) California 000-23815 77-0378956 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 7060 N. Fresno, Fresno, California 93720 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (209) 438-2600 Not Applicable (Former name or former address, if changed since last report). Page 1 of 6 pages Exhibit Index on page 4 Item 5. OTHER EVENTS. The registrant issued a press release dated July 27, 1998 announcing that the Federal Reserve Bank of San Francisco, acting under delegated authority on behalf of the Federal Reserve System, has approved the application of Regency Bank, Fresno, California, to become a member of the Federal Reserve Bank of San Francisco effective July 23, 1998. Additionally, the registrant announced that it has engaged Belle Plaine Financial LLC to act as the exclusive financial advisor to Regency Bancorp and its various entities in connection with its efforts to acquire, invest in, or sell depository institutions and/or other businesses. Belle Plaine has similar agreements and has represented several other banks, including Western Bancorp (formally Monarch Bank) with acquisitions, capital offerings and sales. The foregoing is qualified by reference to the agreement attached as exhibit (99.1). Item 7. FINANCIAL STATEMENTS AND EXHIBITS. (a) FINANCIAL STATEMENTS. Not Applicable. (b) PRO FORMA FINANCIAL INFORMATION. Not Applicable. (c) EXHIBITS. None 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. REGENCY BANCORP Date: July 27, 1998 /s/ STEVEN R. CANFIELD ------------------------------ Steven R. Canfield EVP & CFO 3 EXHIBIT INDEX ------------- SEQUENTIALLY EXHIBIT NUMBER DESCRIPTION PAGE NUMBER - -------------- ----------- ------------ 99.1 Press Release dated July 27, 1998 5 4 EX-99.1 2 EXHIBIT 99.1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE Contact: Wil Goodrich, Vice President-Director of Marketing (209) 438-2600 REGENCY BANCORP ANNOUNCES NEW FED MEMBERSHIP FOR BANK FRESNO, JULY 27 -- Regency Bancorp of Fresno, parent holding company of Regency Bank and Regency Investment Advisors, Inc., announced that the Federal Reserve Bank of San Francisco has approved the bank's application to become a Federal Reserve System member bank effective Thursday, July 23, 1998. Steve Hertel, Regency chairman, president and chief executive officer, stated that, "We're pleased that the Federal Reserve provided this vote of confidence to our bank. Since forming our holding company in March of 1995, we've considered simplifying our regulatory oversight. With Fed membership for the bank, both it and the holding company will now have the same folks providing our supervision." The announcement followed the holding company's monthly board meeting on Thursday, and also reported another important development for the financial services company headquartered in the center of California's San Joaquin Valley. "Regency Bancorp has engaged Belle Plaine Financial LLC to act as the exclusive financial advisor to the holding company and its subsidiaries," said Hertel. "In this role, Belle Plaine will be assisting us in evaluating strategic opportunities to enhance shareholder value." Hertel also added that, "We are well acquainted with Belle Plaine, a San Diego based financial advisor and consultant. Our agreement with them is similar to agreements they have 5 with other community banks and bank holding companies such as Western Bancorp (formerly Monarch Bank)." Regency Bancorp and its subsidiaries have served Fresno and the Central Valley since December of 1980. Earlier this month, the holding company announced record income of $1.15 million for the first half of 1998, assets of $205.6 million, and its S.E.C.- registered money management firm exceeded $100 million in assets managed in less than five years of operation. Its stock trades on the Nasdaq National Market System under the symbol REFN. # # # July 27, 1998 6 -----END PRIVACY-ENHANCED MESSAGE-----