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): March 28, 2000
NORTH VALLEY BANCORP
(Exact name of registrant as specified in its charter)
California 0-10652 94-2751350
(State or other (File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
880 East Cypress Avenue 96002
Redding, California
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (530) 221-8400
Item 5. Other Events
As previously reported, North Valley Bancorp (the
"Registrant") entered into a certain Agreement and Plan of
Reorganization and Merger dated October 3, 1999, as amended on
January 28, 2000 (the "Plan of Reorganization") with Six Rivers
National Bank, a national banking association with its
headquarters in Eureka, California ("Six Rivers"), and NVB
Interim National Bank, an interim national banking association to
be formed at the direction of the Registrant to facilitate the
business combination contemplated by the parties. Under the
terms of the Plan of Reorganization, Six Rivers is expected to
merge with and into NVB Interim National Bank and the resulting
national banking association will continue operations with the
national bank charter number of Six Rivers and the name "Six
Rivers National Bank" as a wholly owned subsidiary of the
Registrant. Upon consummation of the transactions described in
the Plan of Reorganization, currently expected to occur on or
before July 31, 2000, unless extended by the parties, the
Registrant would have two banking subsidiaries: North Valley
Bank and Six Rivers National Bank. Under the terms of the Plan
of Reorganization, the closing of the merger is subject to the
prior approval of the shareholders of the Registrant and Six
Rivers, respectively. On March 28, 2000, the shareholders of the
Registrant voted for and approved the Plan of Reorganization and
the transactions described therein. On April 6, 2000, at a
special meeting adjourned from March 28, 2000, the shareholders
of Six Rivers also voted for and approved the Plan of
Reorganization and the transactions described therein. The
closing remains subject to receipt of all applicable regulatory
approvals.
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.
NORTH VALLEY BANCORP
(Registrant)
Date: April 12, 2000. By: /s/ Sharon L.Benson
Sharon L. Benson
Senior Vice President and
Chief Financial Officer
