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FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities
Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of
1935 or Section 30(f) of the
Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
WALBRECHER, JR. WILLIAM C.
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(Last) (First) (Middle)
240 W. DRYDEN STREET
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(Street)
GLENDALE, CALIFORNIA 91202
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(City) (State) (Zip)
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2. Date of Event Requiring
Statement (Month/Day/Year)
6/28/00**
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3. IRS Identification Number of
Reporting Person, if an entity
(voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Professional Bancorp, Inc. - MDB
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
_X__ Director ____ 10% Owner
____ Officer (give title ____ Other (specify
below) below)
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6. If Amendment, Date of Original
(Month/Day/Year)
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7. Individual or Joint/Group
Filing (Check Applicable Line)
X Form filed by One Reporting Person
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__ Form filed by More than One Reporting Person
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Table 1 - Non-Derivative
Securities Beneficially Owned
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1. Title of Security
(Instr. 4)
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Professional Bancorp, Inc.
Common Stock
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2. Amount of Securities
Beneficially Owned (Instr. 4)
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1,500
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3. Ownership Form: Direct (D)
or Indirect (I) (Instr. 5)
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I
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4. Nature of Indirect Beneficial
Ownership (Instr. 5)
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IRA
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one reporting person, SEE Instruction
5(b)(v).
** Mr. Walbrecher, Jr. was elected as a director of the company at the
Shareholders' Meeting on June 28, 2000, however he will not start his term
of office as a director until he is approved by the Federal Reserve Bank
of San Francisco.
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1. Title of Derivative Security
(Instr. 4)
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2. Date Exercisable
and Expiration Date
(Month/Day/Year)
____________________ ________________________
Date Expira-
Exer- tion
cisable Date
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3. Title and Amount of Securities
Underlying Derivative Security
(Instr. 4)
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Amount
Title or
Number
of
Shares
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4. Conversion 5. Ownership 6. Nature of
or Exercise Form of Indirect
Price of Derivative Beneficial
Derivative Security: Ownership
Security Direct (D) (Instr. 5)
or Indirect
(I) (Instr. 5)
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__________/S/______________________________ __7/7/00_____________
William C. Walbrecher, Jr. ** Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
