SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 10)*
WEST COAST BANCORP
--------------
(Name of Issuer)
COMMON STOCK, NO PAR VALUE
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(Title of Class of Securities)
952143-10-5
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(CUSIP Number)
Check the following box if a fee is being paid with this statement ___. (A fee
is not required only if the filing 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.)
*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 the disclosures provided in a prior
cover page.
The information required in 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).
(Continued on following page(s))
Page 1 of 5 Pages<PAGE>
CUSIP No. 952143-10-5
13G
1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON:
JOHN B. JOSEPH
###-##-####
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*:
NOT A MEMBER OF A GROUP
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION:
UNITED STATES
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER:
1,100,000
6. SHARED VOTING POWER:
-0-
7. SOLE DISPOSITIVE POWER:
1,100,000
8. SHARED DISPOSITIVE POWER:
-0-
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,100,000 NOTE: SEE ATTACHMENT "A"
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*:
INCLUDES 600 SHARES HELD BY MR. JOSEPH AS CUSTODIAN FOR HIS CHILDREN, AS
TO WHICH MR. JOSEPH DISCLAIMS BENEFICIAL OWNERSHIP.
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9:
11.70%
12. TYPE OF REPORTING PERSON*
IN
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5 Pages<PAGE>
ATTACHMENT "A"
Includes 206,310 shares which Mr. Joseph has a right to acquire
within 60 days of December 31, 1994, pursuant to the exercise of
stock options or conversion of 10% convertible subordinated
debentures due 1996.
Page 3 of 5 Pages<PAGE>
ITEM 1. INFORMATION REGARDING ISSUER
(a) NAME: WEST COAST BANCORP
(b) ADDRESS OF PRINCIPAL EXECUTIVE OFFICES:
4770 Campus Drive, Ste. 250
Newport Beach, CA 92660-1833
ITEM 2. INFORMATION REGARDING PERSON FILING
(a) NAME: JOHN B. JOSEPH
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
4770 Campus Drive, Ste. 250
Newport Beach, CA 92660-1833
(c) CITIZENSHIP: UNITED STATES
(d) TITLE OF CLASS OF SECURITIES:
COMMON STOCK, NO PAR VALUE
(e) CUSIP NUMBER: 952143-10-5
ITEM 3. DESIGNATED SPECIAL PERSON
NOT APPLICABLE
ITEM 4. OWNERSHIP
SEE ITEMS 5-11 ON COVER PAGE WHICH ARE INCORPORATED
HEREIN BY THIS REFERENCE
ITEM 5. OWNERSHIP OF 5% OR LESS OF A CLASS
NOT APPLICABLE
ITEM 6. OWNERSHIP OF MORE THAN 5% ON BEHALF OF ANOTHER PERSON
NOT APPLICABLE
Page 4 of 5 Pages<PAGE>
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
NOT APPLICABLE
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
NOT APPLICABLE
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
NOT APPLICABLE
ITEM 10. CERTIFICATION
NOT APPLICABLE
SIGNATURE
After a reasonable 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: February 7, 1995
Providing information
As of December 31, 1994
BY: ________________________
JOHN B. JOSEPH
Page 5 of 5 Pages<PAGE>
