<PAGE> 1
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): 7-22-96
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SOUTH VALLEY BANCORPORATION
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(exact name of registrant as specified in its charter)
California 2-78293-LA #94-2818095
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(state or other (Commission File) (IRS Employer
jurisdiction of Identification
incorporation) Number)
500 Tennant Station, Morgan Hill, California 95037
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(address of principal executive office and zip code)
Registrant's telephone number (including area code): 408-778-1510
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None
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(former name or former address,
if changed since last report)
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Item 5. Other Events
South Valley Bancorporation announces cash dividend.
Item 7. Financial Statements and Exhibits
(a) None
(b) None
(c) Exhibits.
See Press Release attached as Exhibit 99.1 and made a part hereof.
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, thereunto duly authorized.
South Valley Bancorporation, Registrant
By: /s/ Richard L. Conniff
----------------------------------------
Richard L. Conniff
Chief Financial Officer
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EXHIBIT INDEX
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<CAPTION>
Exhibit No. Description Page No.
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<S> <C> <C>
99.1 Press Release dated July 22, 1996
</TABLE>
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[SOUTH VALLEY NATIONAL BANK LETTERHEAD]
For Immediate Release July 22, 1996
Contact: Brad L. Smith, President & CEO
SOUTH VALLEY BANCORPORATION
DECLARES DIVIDEND
Morgan Hill, CA -- The Directors of South Valley Bancorporation (the COMPANY),
parent company of South Valley National Bank (the BANK) after reporting record
earnings for the second quarter ending June 30, 1996, declared a cash dividend
of $.10 per share for shareholders of record on August 6, 1996 to be paid on
August 16, 1996. This represents the ninth quarterly cash dividend declared to
South Valley Bancorporation shareholders.
South Valley Bancorporation, through its subsidiary South Valley National Bank,
has total assets over $176 million, total deposits of $156.7 million and net
loans over $92 million as of June 30,1 996. South Valley National Bank offers
banking services throughout Southern Santa Clara and San Benito Counties and is
a full service community bank with offices in Morgan Hill, Gilroy, Hollister and
San Juan Bautista.
Questions regarding the Company's stock can be directed to its market makers,
Hoefer & Arnett at (800) 346-5544, Paine Webber at (800) 862-4433 or Prudential
Securities at (800) 523-5208.
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