1
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. ) *
NORTH VALLEY BANCORP
(Name of Issuer)
Common Stock, No Par Value
(Title of Class of Securities)
66304M105
(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).
CUSIP No. 66304M-10-5
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
North Valley Bancorp Employee Stock Ownership Plan
2 Check the Appropriate Box If A Member of a Group (a) [ ]
(b) [ ]
3 SEC Use Only
4 Citizenship or Place of Organization
California
5 Sole Voting Power
191,199
Number of
Shares 6 Shared Voting Power
Beneficially 0
Owned By
Each 7 Sole Dispositive Power
Reporting 191,199
Person
With 8 Shared Dispositive Power
0
9 Aggregate Amount Beneficially Owned by Each Reporting Person
191,199
10 Check Box If The Aggregate Amount In Row (9) Excludes Certain Shares [ ]
11 Percent of Class Representing By Amount In Row 9
5.2%
12 Type of Reporting Person
EP
ITEM 1.
(a) North Valley Bancorp
(b) 880 E. Cypress
Redding, CA. 96002
ITEM 2.
(a) North Valley Bancorp Employee Stock Ownership Plan
(b) 880 E. Cypress
Redding, CA. 96002
(c) California
(d) Common Stock
(e) Not applicable.
ITEM 3. If this statement is filed pursuant to Rule 13d-1(b) or 13(d)-2(b),
check whether the person filing is a:
(a) Not Applicable
(b) Not Applicable
(c) Not Applicable
(d) Not Applicable
(e) Not Applicable
(f) Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee RetirementIncome Security Act of 1974 or Endowment Fund.
(g) Not Applicable
(h) Not Applicable
ITEM 4. Ownership
(a) 191,199
(b) 5.2%
(c)(i) 191,199
(ii) 0
(iii) 191,199
(iv) 0
ITEM 5. Ownership of Five Percent or Less of a Class
Not Applicable
ITEM 6. Ownership of More than Five Percent on Behalf of Another Person
Not Applicable
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
By signing below, I certify that, to the best
of my knowledge and belief, the securities referred to
above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not
have the effect of changing or influencing the control
of the issuer of such securities and were not acquired
in connection with or as a participant in any
transaction having such purposes or effect.
SIGNATURE
After 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.
/s/ Rudy V. Balma February 4, 1999
Rudy V. Balma
Member, Administrative Committee
/s/ J. M. Wells, Jr. February 4, 1999
J. M. Wells, Jr.
Member, Administrative Committee