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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 4)
STERLING WEST BANCORP
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
859728107
(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.)
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CUSIP NO. 859728107 13G Page 1 of 3 Pages
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Allan E. Dalshaug
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
N/A
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
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(5) SOLE VOTING POWER
NUMBER OF 96,503
SHARES --------------------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY 54,327
EACH --------------------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON WITH
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(8) SHARED DISPOSITIVE POWER
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
150,830
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES [ ]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.8%
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(12) TYPE OF REPORTING PERSON
IN
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ITEM 1.
(a) Name of Issuer:
Sterling West Bancorp
(b) Address of Issuer's Principal Executive Offices:
3287 Wilshire Boulevard
Los Angeles, CA 90010
ITEM 2.
(a) Name of Person Filing:
Allan Dalshaug
(b) Address of Principal Business Office or, if none, residence:
3287 Wilshire Boulevard
Los Angeles, CA 90010
(c) Citizenship:
Canada
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
859728107
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
(a) ____ Broker or Dealer registered under Section 15 of the Act
(b) ____ Bank as defined in section 3(a) (6) of the Act
(c) ____ Insurance Company as defined in section 3(a) (19) of the
Act
(d) ____ Investment Company registered under section 8 of the
Investment Company Act
(e) ____ Investment Advisor registered under section 203 of the
Investment Advisers Act of 1940
(f) ____ Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see @240.13d-1 (b) (1) (ii)
(g) ____ Parent Holding Company, in accordance with @240.13d-1 (b)
(ii) (G) (Note: See Item 7)
(h) ____ Group, in accordance with @240.13d-1 (b) (ii) (H)
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ITEM 4. OWNERSHIP
(a) Amount Beneficiary Owned
Shares owned at December 31, 1995 150,830
Right to acquire at December 31, 1995 -0-
Total beneficially owned at December 31,
1995 150,830
(b) Percent of Class 8.8%
(c) Number of shares as to which such person has:
(i) sole power to vote or direct the vote 96,503
(ii) shared power to vote or direct the vote 54,327
(iii) sole power to dispose or to direct the disposition of
(iv) shared power to dispose or to direct the disposition of
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the
date hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following ____.
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.
February 13, 1997
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Date
/s/ Allan E. Dalshaug
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Signature
Allan E. Dalshaug
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Name/Title
