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: November 27, 1996
(Date of earliest event reported)
SANTA BARBARA BANCORP
(Exact Name of Registrant as specified in its charter)
California
(State or other jurisdiction of incorporation)
0-1113 95-3673456
(Commissioner File Number) (IRS Employer Identification No.)
1021 Anacapa Street, Santa Barbara, California 93101
(Address of principal executive offices)
(805) 966-9176
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Page 1 of 2
No Exhibits or Exhibit Index
<PAGE>
ITEM 5. Other Events
Acquisition of Stock
On November 22, 1996, Registrant acquired a total of 56,100 shares of its
Common Stock from two shareholders in privately negotiated transactions. 50,000
shares of Common Stock were acquired at a price of $28.125 per share, and 6,100
shares of Common Stock were acquired at a price of $28.00 per share. The closing
sale price for Registrant's Common Stock on November 22, 1996, was $28.75. After
giving effect to Registrant's acquisition and retirement of such shares,
Registrant has issued and outstanding a total of 7,560,843 shares of Common
Stock.
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.
SANTA BARBARA BANCORP
a California corporation
Date: November 27, 1996 By /s/ D. W. Spainhour
David W. Spainhour, President