WEST ONE BANCORP
POS AM, 1994-10-21
NATIONAL COMMERCIAL BANKS
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<PAGE>
            THIS CONFORMING PAPER FORMAT DOCUMENT IS BEING SUBMITTED

                   PURSUANT TO RULE 901(d) OF REGULATION S-T

    As filed with the Securities and Exchange Commission on October 21, 1994

                                                      Registration No. 33-54467
 ______________________________________________________________________________

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                              --------------------

                         POST-EFFECTIVE AMENDMENT NO. 1
                                       to
                                    FORM S-4
                             REGISTRATION STATEMENT
                                     Under
                           THE SECURITIES ACT OF 1933
                              --------------------

                                WEST ONE BANCORP
             (Exact name of registrant as specified in its charter)

<TABLE>
<S>                                <C>                             <C>
            Idaho                              6026                     82-0362647
(State or other jurisdiction of    (Primary Standard Industrial       (IRS Employer
incorporation or organization)     Classification Code Number)     Identification No.)
</TABLE>

                            101 S. Capitol Boulevard
                               Boise, Idaho 83733
                                 (208) 383-7000
  (Address, including zip code, and telephone number, including area code, of
                   registrant's principal executive offices)
                              --------------------

                                Dwight V. Board
                   Senior Vice President and General Counsel
                                West One Bancorp
                            101 S. Capitol Boulevard
                               Boise, Idaho 83733
                                 (208) 383-7000
           (Name, address, including zip code, and telephone number,
                   including area code, of agent for service)
                              --------------------

                                   Copies to:

                             Brian D. Alprin, Esq.
                             Laurence S. Lese, Esq.
                       Metzger, Hollis, Gordon & Mortimer
                                   Suite 1000
                                 1275 K Street
                             Washington, D.C. 20005
                                 (202) 842-1600


          The purpose of this  post-effective  amendment  is to  deregister  all
shares of common  stock,  $1.00 par value per share,  of West One Bancorp  which
were not issued upon  consummation of its acquisition of Valley  Commercial Bank
on September 2, 1994. A total of 550,000 shares of common stock was  registered,
and  404,523  shares of common  stock  were  issued to former  holders of Valley
Commercial  Bank common  stock in the  transaction.  Therefore,  West One hereby
deregisters  the  remaining  145,477  shares of common  stock not  issued in the
transaction.
                                   * * * * *

<PAGE>
                                     
                                   SIGNATURES

          Pursuant  to the  requirements  of the  Securities  Act of  1933,  the
registrant  has duly  caused  this  registration  statement  to be signed on its
behalf by the  undersigned,  thereunto duly authorized,  in Boise,  Idaho on the
19th day of October, 1994.

                                         West One Bancorp


                                         By:*/s/ D. Michael Jones
                                            ---------------------------
                                            D. Michael Jones, President


          Pursuant  to the  requirements  of the  Securities  Act of 1933,  this
registration  statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.

Signature                     Capacity                           Date
- ----------                    ---------                          -----

*/s/ Daniel R. Nelson         Chairman of the Board and         October 19, 1994
- ----------------------        Chief Executive Officer


*/s/ Scott M. Hayes           Executive Vice President          October 19, 1994
- ----------------------        and Chief Financial Officer
Scott M. Hayes                


*/s/ Jim A. Peterson          Senior Vice President and         October 19, 1994
- ----------------------        Controller (Principal
Jim A. Peterson               Accounting Officer)
        
                             
*/s/ Harry Bettis             Director                          October 19, 1994
- ----------------------
Harry Bettis


                              Director
- ----------------------
Norma Cugini



*/s/ William J. Deasy         Director                          October 19, 1994
- ----------------------
William J. Deasy


*/s/ John B. Fery             Director                          October 19, 1994
- ----------------------
John B. Fery


*/s/ Stuart A. Hall           Director                          October 19, 1994
- ----------------------
Stuart A. Hall


*/s/ D. Michael Jones         Director                          October 19, 1994
- ----------------------
D. Michael Jones


*/s/ Jack B. Little           Director                          October 19, 1994
- ----------------------
Jack B. Little


*/s/ Warren E. McCain         Director                          October 19, 1994
- ----------------------
Warren E. McCain


*/s/ Douglas W. McCallum      Director                          October 19, 1994
- ----------------------
Douglas W. McCallum


*/s/ Allen T. Noble           Director                          October 19, 1994
- ----------------------
Allen T. Noble


                              Director
- ----------------------
Philip B. Soulen


*By:/s/ Dwight V. Board
- ----------------------
    Dwight V. Board
    (As Attorney-in-Fact)
<PAGE>


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