<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 1
TO
SCHEDULE 13D
Under the Securities Exchange Act of 1934
WESTERN BANCORP
-----------------------------------------------------
(Name of Issuer)
COMMON STOCK
-----------------------------------------------------
(Title of Class of Securities)
609022207
-----------------------------------------------------
(CUSIP Number)
John M. Eggemeyer, III
6051 El Tordo Rancho Santa Fe, CA 92067
Phone: (619) 756-8300
-----------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
NOVEMBER 20, 1998
-----------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Statement because of Rule
13d-1(b)(3) or (4), check the following: / /
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
CUSIP NO. 609022207 PAGE 2 OF 18 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Castle Creek Capital Partners Fund I, LP
Federal ID No.: 36-4073941
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
BK
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
2,289,689 (1)(2)
NUMBER OF ------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY ------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,289,689 (1)(2)
PERSON ------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,289,689
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.30%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN (limited partnership)
- --------------------------------------------------------------------------------
<PAGE>
PAGE 3 OF 18 PAGES
FOOTNOTES TO FACING SHEET FOR CASTLE CREEK CAPITAL PARTNERS FUND I, LP
(1) Includes 33,557 shares issuable upon exercise of warrant.
(2) Power is exercised through its sole general partner, Castle Creek Capital
LLC
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
CUSIP NO. 609022207 PAGE 4 OF 18 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Castle Creek Capital Partners Fund IIa, LP
Federal ID No.: 68-0415156
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
205,510(1)
NUMBER OF ------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY ------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 205,510(1)
PERSON ------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
205,510 shares of Common Stock
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.10%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN (limited partnership)
- --------------------------------------------------------------------------------
<PAGE>
PAGE 5 OF 18 PAGES
FOOTNOTES TO FACING SHEET FOR CASTLE CREEK CAPITAL PARTNERS FUND IIa, LP
(1) Power is exercised through its sole general partner, Castle Creek Capital
LLC
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
CUSIP NO. 609022207 PAGE 6 OF 18 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Castle Creek Capital Partners Fund IIb, LP
Federal ID No.: 68-0415157
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
35,633(1)
NUMBER OF ------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY ------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 35,633(1)
PERSON ------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
35,633 shares of Common Stock
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.19%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN (limited partnership)
- --------------------------------------------------------------------------------
<PAGE>
PAGE 7 OF 18 PAGES
FOOTNOTES TO FACING SHEET FOR CASTLE CREEK CAPITAL PARTNERS FUND IIb, LP
(1) Power is exercised through its sole general partner, Castle Creek Capital
LLC
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
CUSIP NO. 609022207 PAGE 8 OF 18 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Castle Creek Capital LLC
Federal ID No.: 36-4073477
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
BK
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
2,530,832(1)(2)
NUMBER OF ------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY ------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,530,832(1)(2)
PERSON ------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,530,832 shares of Common Stock (1)(3)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.60%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO (limited liability company)
- --------------------------------------------------------------------------------
<PAGE>
PAGE 9 OF 18 PAGES
FOOTNOTES TO FACING SHEET FOR CASTLE CREEK CAPITAL LLC
(1) Includes 33,557 shares issuable upon exercise of warrant.
(2) Power is exercised through its controlling member, Eggemeyer Advisory Corp.
(3) Solely in its capacity as sole general partner of Castle Creek Capital
Partners Fund I, LP, Castle Creek Capital Partners Fund IIa, LP and Castle
Creek Capital Partners Fund IIb, LP.
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
CUSIP NO. 609022207 PAGE 10 OF 18 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Eggemeyer Advisory Corp.
Federal ID No.: 36-410-4569
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
BK
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
2,530,832(1)(2)
NUMBER OF ------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY ------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,530,832(1)(2)
PERSON ------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,530,832 shares of Common Stock (1)(3)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.6%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO (limited liability company)
- --------------------------------------------------------------------------------
<PAGE>
PAGE 11 OF 18 PAGES
FOOTNOTES TO FACING SHEET FOR EGGEMEYER ADVISORY CORP.
(1) Includes 33,557 shares issuable upon exercise of warrant.
(2) Power is exercised through its sole shareholder and president, John M.
Eggemeyer, III.
(3) Solely in its capacity as the controlling member of Castle Creek Capital
LLC, the sole general partner of Castle Creek Capital Partners Fund I, LP,
Castle Creek Capital Partners Fund IIa, LP and Castle Creek Capital
Partners Fund IIb, LP
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
CUSIP NO. 609022207 PAGE 12 OF 18 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John M. Eggemeyer, III
S.S. No.: ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
BK
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(E) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
2,629,334(1)(2)
NUMBER OF ------------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY ------------------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 2,629,334(1)(2)
PERSON ------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,629,334 shares of Common Stock (1)(2)
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
14.12%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
<PAGE>
PAGE 13 OF 18 PAGES
FOOTNOTES TO FACING SHEET FOR JOHN M. EGGEMEYER, III
(1) As to 2,530,832 shares (including 33,557 shares issuable upon exercise of
warrant), power is exercised as President of Castle Creek Capital LLC and
as sole shareholder of its controlling member.
(2) As to 98,502 shares (including 58,702 shares issuable upon exercise of
warrants), power is exercised as beneficial owner.
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER.
This statement relates to the common stock, no par value, (the "Common
Stock") of Western Bancorp (the "Issuer"). The address of the Issuer's
principal executive offices is 30000 Town Center Drive, Laguna Niguel,
California 92677.
ITEM 2. IDENTITY AND BACKGROUND.
(a) - (c) The names of the persons filing this statement are:
Castle Creek Capital Partners Fund I, LP, a Delaware limited partnership
("Fund I"); Castle Creek Capital Partners Fund IIa, LP, a Delaware limited
partnership ("Fund IIa"); Castle Creek Capital Partners Fund IIb, LP, a
Delaware limited partnership ("Fund IIb"); Castle Creek Capital LLC, a
Delaware limited liability company and the sole general partner of Fund I,
Fund IIa and Fund IIb (the "General Partner"); Eggemeyer Advisory Corp., a
Delaware corporation and the controlling member of the General Partner
("EAC"); and John M. Eggemeyer, III, a California resident and the sole
shareholder and President of EAC and the President of the General Partner
("Eggemeyer"). The business address for each of the filing persons is 6051
El Tordo, Rancho Santa Fe, California 92067.
(d) and (e) During the last five years, none of the persons filing this
statement has been (i) convicted in a criminal proceeding (excluding traffic
violations and similar misdemeanors), or (ii) a party to a civil proceeding of a
judicial or administrative body of competent jurisdiction and as a result of
such proceeding was or is subject to a judgment, decree or final order enjoining
future violations of, or mandating activities subject to, federal or state
securities laws or finding any violation with respect to such laws.
(f) Eggemeyer is a citizen of the United States of America.
Page 14 of 18 Pages
<PAGE>
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Since August 12, 1998, Fund IIa made the following open market purchases of
the Issuer's Common Stock from capital contributions received from its limited
partners and margin loans:
<TABLE>
<CAPTION>
Number of Shares Purchased Date of Purchase Purchase Price
-------------------------- ---------------- --------------
<S> <C> <C>
205,510 8/12/98 - 11/25/98 $6,710,819
</TABLE>
Since August 12, 1998, Fund IIb made the following open market purchases of
the Issuer's Common Stock from capital contributions received from its limited
partners and margin loans:
<TABLE>
<CAPTION>
Number of Shares Purchased Date of Purchase Purchase Price
-------------------------- ---------------- --------------
<S> <C> <C>
35,633 8/12/98 - 11/25/98 $1,163,577
</TABLE>
ITEM 4. PURPOSE OF TRANSACTION.
(a) and (b) The purchases by Fund I, Fund IIa and Fund IIb of shares of
Common Stock were for investment purposes. However, the General Partner intends
to work closely with the Issuer's Board of Directors and management to expand
the business of the Issuer through acquisitions and other business strategies
and to improve the financial performance of the Issuer. Fund I, Fund IIa and/or
Fund IIb may acquire additional securities of the Issuer in order to enable the
Issuer to make future acquisitions or otherwise pursue its business strategy.
The filing persons may also make open market purchases of the Issuer's
securities.
(c) - (j) None at the present time.
ITEM 5 INTEREST IN SECURITIES OF ISSUER.
(a) Fund I beneficially owns 2,256,132 shares (including 33,557 shares
issuable upon the exercise of a warrant) of Common Stock or 12.30% of the
Issuer's outstanding Common Stock. Fund IIa beneficially owns 205,510 shares of
Common Stock or 1.10% of the Issuer's outstanding Common Stock. Fund IIb
beneficially owns 35,633 shares of Common Stock or 0.19% of the Issuer's
outstanding Common Stock. Fund I, Fund IIa and Fund IIb disclaim any beneficial
interest in any shares of Common Stock owned or controlled directly or
indirectly by any of its partners, including but not limited to the shares
beneficially owned by Eggemeyer. Eggemeyer beneficially owns 39,800 shares
(including 58,702 shares issuable upon exercise of Warrants) or 0.53% of the
Issuer's outstanding Common Stock.
(b) Fund I has the sole voting and dispositive powers over the
2,256,132 (including 33,557 shares issuable upon the exercise of a warrant)
shares of Common Stock beneficially owned by it, representing approximately
12.30% of the Issuer's outstanding Common Stock. Fund IIa has the sole
voting and dispositive power over 205,510 shares of Common Stock beneficially
owned by it, representing approximately 1.10% of the Issuer's outstanding
Common Stock. Fund IIb has the
Page 15 of 18 Pages
<PAGE>
sole voting and dispositive power over 35,633 shares of Common Stock
beneficially owned by it, representing approximately 0.19% of the Issuer's
outstanding Common Stock. Such voting and dispositive powers are exercised
by the General Partner in its capacity as general partner of Fund I, Fund IIa
and Fund IIb, which are exercised by EAC as the controlling member of the
General Partner which is in turn are exercised by Eggemeyer as the sole
stockholder and President of EAC and as President of the General Partner.
Eggemeyer has the sole voting and dispositive powers over the 39,800 shares
(including 58,702 shares issuable upon exercise of Warrants) beneficially
owned by him, representing approximately 0.53% of the Issuer's outstanding
Common Stock.
(c) Since August 12, 1998, Fund IIa made the following open market
purchases of the Issuer's Common Stock from capital contributions received from
its limited partners and margin loans:
<TABLE>
<CAPTION>
Number of Shares Purchased Date of Purchase Purchase Price
-------------------------- ---------------- --------------
<S> <C> <C>
205,510 8/12/98 - 11/25/98 $6,710,819
</TABLE>
Since August 12, 1998, Fund IIb made the following open market purchases of
the Issuer's Common Stock from capital contributions received from its limited
partners and margin loans:
<TABLE>
<CAPTION>
Number of Shares Purchased Date of Purchase Purchase Price
-------------------------- ---------------- --------------
<S> <C> <C>
35,633 8/12/98 - 11/25/98 $1,163,577
</TABLE>
(d) and (e) Not Applicable.
ITEM 6. CONTRACTS, AGREEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
Exhibit 3 - Revolving Credit Agreement dated as of September
25, 1996 of Fund I, pursuant to the request of Fund I and instructions to
Schedule 13D, are included in the Confidential Exhibit Volume previously filed
with the Commission and dated October 8, 1996.
Page 16 of 18 Pages
<PAGE>
SIGNATURES
After reasonable inquiry and to the best of the undersigned's knowledge and
belief, the undersigned certify that the information set forth in this statement
is true, complete and correct.
Dated: December 1, 1998
CASTLE CREEK CAPITAL PARTNERS FUND I, L.P.
By: Castle Creek Capital, L.L.C.
By: /s/John M. Eggemeyer, III
------------------------------
Its President
Its: General Partner
CASTLE CREEK CAPITAL, L.L.C.
By: /s/John M. Eggemeyer, III
-----------------------------------
Its President
EGGEMEYER CORP.
By: /s/John M. Eggemeyer, III
-----------------------------------
Its President
/s/John M. Eggemeyer, III
- ----------------------------------------
John M. Eggemeyer, III
Page 17 of 18 Pages
<PAGE>
Exhibit 3 to 13D Filing
Revolving Credit Agreement dated as of September 25, 1996 of Fund I, pursuant to
the request of Fund I and instructions to Schedule 13D, are included in the
Confidential Exhibit Volume filed with the Commission and dated October 8, 1996
(Previously Filed)
Page 18 of 18 Pages
