UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
HUMBOLDT BANCORP
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(Name of Issuer)
Common Stock, No Par Value
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(Title of Class of Securities)
44507A103
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(CUSIP Number)
Francis A. Dutra
1964 St. Maru Road
Arcata, CA 95521
(707) 839-1823
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
March 1, 1997
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(b)(3) or (4), check the
following box [ ].
Check the following box if a fee is being paid with the statement [x]. (A
fee is not required only if the reporting person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent
of the class of securities described in Item 1; and (2) has filed no
amendment subsequent thereto reporting beneficial ownership of five percent
or less of such class.) (See Rule 13d-7.) [ ].
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NOTE: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13-d(a) for other parties to whom copies are
to be sent.
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
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SCHEDULE 13D
CUSIP NO. 445077A103 PAGE 1 of 4 PAGES
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1 Name of Reporting Person
S.S. or I.R.S. Identification No.
of Above Person
FRANCIS A. DUTRA
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2 Check the Appropriate Box if a Member of a Group* (a) [ ]
(b) [ ]
N/A
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3 SEC Use Only
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4 Source of Funds* PF
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5 Check Box if Disclosure of Legal Proceeding is Required Pursuant to
Items 2(d) or 2(e) [ ]
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6 Citizenship or Place of Organization
UNITED STATES OF AMERICA
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Number of 7 Sole Voting Power 12,587
Shares -----------------------------------------------
Beneficially 8 Shared Voting Power 65,844
Owned by -----------------------------------------------
Each 9 Sole Dispositive Power 12,587
Reporting -----------------------------------------------
Person With 10 Shared Dispositive Power 65,844
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11 Aggregate Amount Beneficially Owned by Each Reporting Person
78,431
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12 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares*
[ ]
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13 Percent of Class Represented by Amount in Row (11)
5.52%
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14 Type of Reporting Person* IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE,
RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE
SIGNATURE ATTESTATION.
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SCHEDULE 13D
CUSIP NO. 445077A103 PAGE 2 of 4 PAGES
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ITEM 1. SECURITY AND ISSUER
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Common Stock, no par value
Issuer: Humboldt Bancorp
Principal Executive Offices: P. O. Box 1007
Eureka, CA 95502-1007
ITEM 2. IDENTITY AND BACKGROUND
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(a) Francis A. Dutra
(b) 1964 St. Maru Road
(c) Retired - Founder, Dutra Trucking
(d) None
(e) None
(f) United States of America
ITEM 3. SOURCE AND AMOUNT OF FUNDS
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Stock was purchased using personal funds.
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SCHEDULE 13D
CUSIP NO. 445077A103 PAGE 3 of 4 PAGES
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ITEM 4. PURPOSE OF THE TRANSACTION
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(a) At December 31, 1996, Francis A Dutra, beneficiary, owned
68,264 shares of Humboldt Bancorp stock which he had purchased over the
past seven years. At March 1, 1997, Francis A Dutra was entitled, but had
not yet exercised, under an approved stock option plan, to options to
acquire an additional 10,167 shares of Humboldt Bancorp common stock.
(b) n/a
(c) n/a
(d) n/a
(e) n/a
(f) n/a
(g) n/a
(h) n/a
(i) n/a
(j) n/a
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
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(a) Francis A. Dutra beneficially owns 78,431 shares of common
stock, including options to acquire 10,167 shares, representing approximately
5.5% of the issued and outstanding shares of common stock. The number of
outstanding shares of common stock as of December 31, 1996, was 1,410,767.
(b) Mr. Dutra:
(i) with his spouse, owns 47,571 shares of common stock
which he has joint voting and dispositive power;
(ii) is a trustee and beneficiary of a family trust which
owns 18,273 shares of common stock of which he has joint voting and
dispositive power;
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SCHEDULE 13D
CUSIP NO. 445077A103 PAGE 4 of 4 PAGES
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(iii) has voting and dispositive power as custodian over
2,420 shares of common stock held in the name of his children pursuant to
the Uniform Transfers to Minors Act; and
(iv) has an option to acquire 10,167 shares of common stock
at exercise prices ranging from $7.51 to $20.75 per share.
(c) Francis A. Dutra has not engaged in any transactions in the
common shares during the 60 days preceding the date of this statement.
(d) n/a
(e) n/a
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS AND RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER
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Francis A. Dutra has non-statutory stock options granted totaling
14,606 shares, of which 10,167 are vested and 4,439 are unvested.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
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None.
After reasonably inquiry, and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true,
complete and correct.
Dated: March 7, 1997 FRANCIS A. DUTRA
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Francis A. Dutra
