<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
BYL Bancorp
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
056064108
--------------------------------------------------------------------------------
(CUSIP Number)
S. Alan Rosen, Esq.
Horgan, Rosen, Beckham & Coren, L.L.P.
21700 Oxnard Street, Suite 1400
Woodland Hills, California 91367
(818) 340-6100
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
August 30, 2000
--------------------------------------------------------------------------------
(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 Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
Note. Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7 for
other parties to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
Page 1 of 16
<PAGE> 2
CUSIP No. 056064108
-------------------
1) Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only):
Everest Partners Limited Partnership (dba Everest Partners, L.P.)
-------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
-------------------------------------------------------------------------------
3) SEC Use Only
-------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
WC
-------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
-------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Nevada
-------------------------------------------------------------------------------
Number of (7) Sole Voting Power 0
Shares -------------------------------------------------------------
Beneficially (8) Shared Voting Power 88,000
Owned by -------------------------------------------------------------
Each Reporting- (9) Sole Dispositive Power 0
Person -------------------------------------------------------------
With (10) Shared Dispositive Power 88,000
-------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
88,000
-------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
(See Instructions)
-------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
3.47%
-------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
PN
-------------------------------------------------------------------------------
Page 2 of 16
<PAGE> 3
CUSIP No. 056064108
-------------------
1) Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only):
Nick A. Becker
-------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
-------------------------------------------------------------------------------
3) SEC Use Only
-------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
PF
-------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
-------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
USA
-------------------------------------------------------------------------------
Number of (7) Sole Voting Power 0
Shares -------------------------------------------------------------
Beneficially (8) Shared Voting Power 15,000
Owned by -------------------------------------------------------------
Each Reporting- (9) Sole Dispositive Power 0
Person -------------------------------------------------------------
With (10) Shared Dispositive Power 15,000
-------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
15,000
-------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
(See Instructions)
-------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
.59%
-------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
IN
-------------------------------------------------------------------------------
Page 3 of 16
<PAGE> 4
CUSIP No. 056064108
-------------------
1) Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only):
Everest Managers, LLC
-------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
-------------------------------------------------------------------------------
3) SEC Use Only
-------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
-------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
-------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Nevada
-------------------------------------------------------------------------------
Number of (7) Sole Voting Power 0
Shares -------------------------------------------------------------
Beneficially (8) Shared Voting Power 88,000
Owned by -------------------------------------------------------------
Each Reporting- (9) Sole Dispositive Power 0
Person -------------------------------------------------------------
With (10) Shared Dispositive Power 88,000
-------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
88,000
-------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
(See Instructions)
-------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
3.47%
-------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
-------------------------------------------------------------------------------
Page 4 of 16
<PAGE> 5
CUSIP No. 056064108
-------------------
1) Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only):
David M. W. Harvey
-------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
-------------------------------------------------------------------------------
3) SEC Use Only
-------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
Not Applicable
-------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
-------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
USA
-------------------------------------------------------------------------------
Number of (7) Sole Voting Power 0
Shares -------------------------------------------------------------
Beneficially (8) Shared Voting Power 88,000
Owned by -------------------------------------------------------------
Each Reporting- (9) Sole Dispositive Power 0
Person -------------------------------------------------------------
With (10) Shared Dispositive Power 88,000
-------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
88,000
-------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
(See Instructions)
-------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
3.47%
-------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
IN
-------------------------------------------------------------------------------
Page 5 of 16
<PAGE> 6
CUSIP No. 056064108
-------------------
1) Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only):
JAM Partners, L.P.
-------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
-------------------------------------------------------------------------------
3) SEC Use Only
-------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
WC
-------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
-------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
Delaware
-------------------------------------------------------------------------------
Number of (7) Sole Voting Power 116,900
Shares -------------------------------------------------------------
Beneficially (8) Shared Voting Power
Owned by -------------------------------------------------------------
Each Reporting- (9) Sole Dispositive Power 116,900
Person -------------------------------------------------------------
With (10) Shared Dispositive Power
-------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
116,900
-------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
(See Instructions)
-------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
4.61%
-------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
OO
-------------------------------------------------------------------------------
Page 6 of 16
<PAGE> 7
CUSIP No. 056064108
-------------------
1) Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only):
Sy Jacobs
-------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [X]
(b) [ ]
-------------------------------------------------------------------------------
3) SEC Use Only
-------------------------------------------------------------------------------
4) Source of Funds (See Instructions):
PF
-------------------------------------------------------------------------------
5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e) [ ]
-------------------------------------------------------------------------------
6) Citizenship or Place of Organization:
USA
-------------------------------------------------------------------------------
Number of (7) Sole Voting Power 125,400
Shares -------------------------------------------------------------
Beneficially (8) Shared Voting Power
Owned by -------------------------------------------------------------
Each Reporting- (9) Sole Dispositive Power 125,400
Person -------------------------------------------------------------
With (10) Shared Dispositive Power
-------------------------------------------------------------------------------
11) Aggregate Amount Beneficially Owned by Each Reporting Person:
125,400
-------------------------------------------------------------------------------
12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares [ ]
(See Instructions)
-------------------------------------------------------------------------------
13) Percent of Class Represented by Amount in Row (11):
4.94%
-------------------------------------------------------------------------------
14) Type of Reporting Person (See Instructions):
IN
-------------------------------------------------------------------------------
Page 7 of 16
<PAGE> 8
Item 1: Security and Issuer.
The class of equity securities to which this Statement relates is the no
par value Common Stock (the "Shares") of BYL Bancorp, a California corporation
(the "Issuer"). The Issuer's Shares are traded on the Nasdaq National Market
System under the symbol "BOYL." The principal executive offices of the Issuer
are located at 1875 North Tustin Street, Orange, California 92865.
Item 2: Identity & Background.
(a) Names of Filing Persons:
This Schedule 13D is being jointly filed by each of the following
persons pursuant to Rule 13d-1(k)(1) promulgated by the Securities and Exchange
Commission pursuant to Section 13 of the Securities Exchange Act of 1934, as
amended (the "Act"): Everest Partners Limited Partnership (d.b.a. Everest
Partners, L.P.) (the "Everest Limited Partnership"), Everest Managers, L.L.C.
(the "Everest General Partner"), and David M. W. Harvey, the principal member of
the Everest General Partner (collectively, the "Everest Parties"), JAM Partners,
L.P. ("JAM") and Sy Jacobs, the General Partner of JAM (collectively, the "JAM
Parties"), and Nick A. Becker ("Becker") (collectively the "Filing Persons").
The Filing Persons have entered into a Joint Filing Agreement, dated as of
August 30, 2000, a copy of which is filed with this Schedule 13D as Exhibit A,
pursuant to which the Filing Persons have agreed to file this Statement jointly
in accordance with the provisions of Rule 13d-1(k)(1) under the Act. The Filing
Persons have agreed to act as a group solely for the purposes of seeking the
election of two nominees to the Issuer's Board of Directors and to urge the
Issuer's Board of Directors to maximize shareholder value and liquidity through
the prompt sale of the Issuer to PBOC Holdings or another purchaser. (See Letter
to Management attached as Exhibit B.)
(b) Residence or Business Address:
Everest Parties:
Post Office Box 3178
Gardnerville, NV 89410
JAM Parties:
One Fifth Avenue
New York, NY 10003
Becker:
15061 Springdale Street, Suite 100
Huntington Beach, CA 92649
(c) Present principal occupation or employment and the name, principal
business and address of any corporation or other organization in which such
employment is conducted:
The Everest Limited Partnership is a Nevada limited partnership formed
for the purpose of investing in, among other things, the equity securities of
various financial services providers. The Everest General Partner, a Nevada
limited liability company, is the general partner of the Everest Limited
Partnership. The Everest General Partner is charged with management of the
day-to-day affairs of the Everest Limited Partnership. The principal member of
the Everest
Page 8 of 16
<PAGE> 9
General Partner is David M. W. Harvey. The Everest Limited Partnership, the
Everest General Partner, and Mr. Harvey all conduct their business from Post
Office Box 3178, Gardnerville, Nevada, 89410.
JAM Partners, L.P. is a Delaware limited partnership formed for the
purpose of investing in, among other things, the equity securities of various
financial services providers. Jacobs is the managing general partner responsible
for overseeing the day-to-day affairs of JAM. JAM conducts its activity from One
Fifth Avenue, New York, New York 10003.
Nick A. Becker, an individual, is an investor for his personal account.
He operates from his office located at 15061 Springdale Street, Suite 100,
Huntington Beach, California 92649.
(d) and (e)
During the last five years, none of the Filing Persons has been
convicted in a criminal proceeding(excluding traffic violations or similar
misdemeanors), nor have any such persons or entities been a party to any civil
proceeding of a judicial or administrative body of competent jurisdiction which
resulted in a judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities laws
or a finding of violation of any such laws.
(f) Citizenship:
The Everest Limited Partnership and the Everest General Partner are
organized under Nevada law; David M. W. Harvey is a citizen of the U.S.A.; JAM
in organized under Delaware law; and Jacobs and Becker and citizens of the
U.S.A.
Item 3: Source and Amount of Funds or Other Consideration
For the Everest Parties, the aggregate purchase price of the stock
covered by this Statement was $858,490.00. No borrowed funds were used to
purchase the stock. For the JAM Parties, the aggregate purchase price of the
stock covered by this Statement was $2,167,642. Certain shares were purchased in
a margin account. For Becker, the aggregate purchase price was $146,332.50. No
borrowed funds were used to purchase the stock.
Item 4: Purpose of Transaction
The stock that is the subject of this Schedule 13D was acquired by the
Filing Persons for the purpose of investment. Depending upon investment
strategies, the need for or availability of funds, the price of the stock, and
other considerations, each of the Filing Persons may acquire additional shares
of stock or dispose of some or all of the stock from time to time.
The Filing Persons believe the Board of Directors should immediately
pursue measures which will maximize shareholder value and liquidity through the
prompt sale of the Issuer to PBOC Holdings or another purchaser. (See Exhibit
B.) To foster this outcome the Filing Persons seek the addition of two
candidates to serve on the Issuer's Board of Directors. The Filing Persons have
agreed to form a group solely for these purposes.
Page 9 of 16
<PAGE> 10
At present, and except as disclosed herein, the Filing Persons have no
specific plans or proposals that relate to, or could result in, any of the
matters referred to in paragraphs (a) through (j), inclusive, of Item 4 of
Schedule 13D. The Filing Persons intend to continue to explore the options
available to them. The Filing Persons may, at any time or from time to time,
review or reconsider their position with respect to the Issuer and may formulate
plans with respect to matters referred to in Item 4 of Schedule 13D.
Item 5: Interest in Securities of the Issuer
(a) Based on Schedule 14A filed by the Issuer, as of August 11, 2000 the
Issuer had 2,538,435 Shares issued and outstanding. The following chart reflects
the ownership of the Shares by the Filing Persons:
<TABLE>
<CAPTION>
Name Numbers of Shares Percentage
---- ----------------- ----------
<S> <C> <C>
Everest Parties 88,000 3.47%
JAM Parties 125,400 4.94%
Becker 15,000 .59%
------- -----
228,400 9.00%
</TABLE>
(b) With respect to the Everest Parties, the Everest General Partner has
the power to vote or direct the voting of and the power to dispose or to direct
the disposition of 88,000 shares of stock. Because Mr. Harvey is the controlling
person of the Everest General Partner, he may be deemed to have the indirect
power to vote or direct the vote and to dispose or direct the disposition of the
stock that is the subject of this Schedule 13D. Each of Mr. Harvey and the
Everest General Partner disclaims beneficial ownership of shares of stock of the
Issuer held by the other Filing Persons.
With respect to the JAM Parties, JAM has the power to vote and to
dispose of 116,900 shares. Because Jacobs is the controlling person of JAM, he
may be deemed to have the indirect power to vote and to dispose or direct the
disposition of the shares held by JAM. He also has the power to vote and dispose
of 8,500 shares. Each of JAM and Jacobs disclaims beneficial ownership of shares
of stock of the Issuer held by the other Filing Persons.
Becker has shared power to vote and to dispose of 15,000 shares and
disclaims beneficial ownership of shares of stock of the Issuer held by the
other Filing Persons.
(c) Purchases in the last 60 days. See Exhibit C attached. The
transactions identified in Exhibit C were effected through one or more brokers
in the over-the-counter market.
(d) No person other than the Filing Persons has the right to receive or
the power to direct the receipt of dividends from or the proceeds from the sale
of the stock that is the subject of this Schedule 13D.
(e) Not applicable.
Item 6: Contracts, Arrangements, Understandings or Relationships With Respect to
Securities of the Issuer
Page 10 of 16
<PAGE> 11
Except as set forth herein, none of the Filing Persons has any contract,
arrangement, understanding, or relationship (legal or otherwise) between or
among themselves and any person with respect to securities of the Issuer,
including but not limited to transfer or voting of any of the shares of stock
that are the subject of this Schedule 13D, finder's fees, joint ventures, loan
or option arrangements, puts or calls, guarantees of profits, division of
profits or losses, or the giving or withholding of proxies. The shares of stock
that are the subject of this Schedule 13D were not acquired on margin.
Item 7: Material to be Filed as Exhibits
Exhibit A - Joint Filing Agreement
Exhibit B - Letter to Management
Exhibit C - Schedule of Purchases
Page 11 of 16
<PAGE> 12
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.
EVEREST PARTNERS LIMITED PARTNERSHIP
(d.b.a. EVEREST PARTNERS, L.P.)
By its General Partner
EVEREST MANAGERS, L.L.C.
Dated: August 30, 2000 By: /s/ David M. W. Harvey
-------------------------------------
Name: David M. W. Harvey
Title: Managing Member
EVEREST MANAGERS, L.L.C.
Dated: August 30, 2000 By: /s/ David M. W. Harvey
-------------------------------------
Name: David M. W. Harvey
Title: Managing Member
Dated: August 30, 2000 By: /s/ David M. W. Harvey
-------------------------------------
Name: David M. W. Harvey
JAM PARTNERS, L.P.
Dated: August 30, 2000 By: /s/ Sy Jacobs, General Partner
-------------------------------------
Name: Sy Jacobs, General Partner
Dated: August 30, 2000 By: /s/ Sy Jacobs
-------------------------------------
Name: Sy Jacobs
Dated: August 30, 2000 By: /s/ Nick A. Becker
-------------------------------------
Name: Nick A. Becker
Page 12 of 16
<PAGE> 13
EXHIBIT A
AGREEMENT REGARDING THE JOINT FILING OF
SCHEDULE 13D
------------------------------
The undersigned hereby agree as follows:
(i) Each of them is individually eligible to use the Schedule 13D to
which this Exhibit is attached, and such Schedule 13D is filed on behalf of each
of them; and
(ii) Each of them is responsible for the timely filing of such Schedule
13D and any amendments thereto, and for the completeness and accuracy of the
information concerning such person contained therein; but none of them is
responsible for the completeness or accuracy of the information concerning the
other persons making the filing, unless such person knows or has reason to
believe that such information is inaccurate.
EVEREST PARTNERS LIMITED PARTNERSHIP
(d.b.a. EVEREST PARTNERS, L.P.)
By its General Partner
EVEREST MANAGERS, L.L.C.
Dated: August 30, 2000 By: /s/ David M. W. Harvey
---------------------------------------
Name: David M. W. Harvey
Title: Managing Member
EVEREST MANAGERS, L.L.C.
Dated: August 30, 2000 By: /s/ David M. W. Harvey
---------------------------------------
Name: David M. W. Harvey
Title: Managing Member
Dated: August 30, 2000 By: /s/ David M. W. Harvey
---------------------------------------
Name: David M. W. Harvey
JAM PARTNERS, L.P.
Dated: August 30, 2000 By: /s/ Sy Jacobs, General Partner
---------------------------------------
Name: Sy Jacobs, General Partner
Dated: August 30, 2000 By: /s/ Sy Jacobs
---------------------------------------
Name: Sy Jacobs
Dated: August 30, 2000 By: /s/ Nick A. Becker
---------------------------------------
Name: Nick A. Becker
Page 13 of 16
<PAGE> 14
EXHIBIT B
LETTER TO MANAGEMENT
August 30, 2000
Board of Directors
c/o H. Rhoads Martin, Jr. - Chairman
BYL Bancorp
1875 North Tustin Avenue
Orange, CA 92865
Dear Rhoads,
In the next day or so a group led by myself and JAM Partners, L.P., the
investment partnership of which I am general partner, and including Nick Becker
and Everest Partners, of which David Harvey is a principal, will file a 13-D
with the Securities and Exchange Commission. In it we will disclose that we own
a 9% stake in BYL Bancorp. This makes us the largest shareholder of our company.
The filing also mentions our request for two seats on our board of directors.
This letter will be attached as an exhibit to the filing.
We take these actions in order to speak more loudly of our concerns that the
board of directors may not be acting in the best interests of shareholders. As I
individually advised in several of my previous letters, I and many others feel
the board of directors should immediately pursue measures which will maximize
shareholder value and liquidity through the prompt sale of the company to PBOC
Holdings or another purchaser. Given the poor performance of the company over
the last few years, the board has not earned the right to reject any reasonable
offer.
In order to achieve appropriate representation on our board of directors, we
hereby request that two members of our group be placed on the board of directors
through inclusion of such persons on the company's slate of nominees and in its
standard proxy materials. We propose that you include Nick Becker and David
Harvey, two members of our group, as those two nominees. They both have valuable
experience as bank investors. Because of the procedural rules governing
nominations and in the event we are required to separately run our and/or other
candidates, we must hear your response to this friendly proposal before 2
o'clock PM Pacific Time, Friday September 1, 2000.
As is our right as shareholders owning in excess of 5% of the company, we hereby
officially request a shareholder list for the purpose of communicating with
other shareholders on this matter, a clearly valid legal purpose. Under the
California Corporations Code, as greater than 5% holders, we are entitled to
this list within five business days of this date.
We apologize for our short timeline, however this is tactically necessary
because of our need to retain the ability to submit proposals and/or an
alternative slate of directors at our annual meeting in September. We hope
neither of these actions will be necessary. Separately, our request for the
shareholder list must be granted within the next week. In accordance with the
rules, we are prepared to pay the reasonable costs associated with copying and
delivering the list or coming to your office to make a copy.
Page 14 of 16
<PAGE> 15
Page 2 of 2
Please call me with your ideas on our director proposals no later than 2 PM
Friday. In the event I do not hear from you, I will assume you have elected to
not work with us. My office telephone number is (212) 271-5526 and my cell phone
is (917) 331-0687. The telephone numbers of our proposed nominees are (775)
265-3016 for David Harvey, and (714) 890-8233 for Nick Becker. All pertinent
information on the members of our group will be set forth in our pending
securities filing.
We are very hopeful we can work together to pursue our mutual interests.
Sincerely yours,
Sy Jacobs, General Partner
cc: Nick Becker
David Harvey
Barry Moore
Alan Rosen
Bob Ucciferri
Page 15 of 16
<PAGE> 16
EXHIBIT C
SCHEDULE OF PURCHASES
-----------------------
Everest Partners Limited Partnership acquisitions of BYL Bancorp:
<TABLE>
<CAPTION>
Date Shares (#) Price/Share ($) Cost ($)
---- ---------- --------------- --------
<S> <C> <C> <C>
07/14/00 5,000 9.5030 47,515.00
07/21/00 5,000 8.8780 44,390.00
07/25/00 2,000 8.6325 17,265.00
</TABLE>
Becker acquisition of BYL Bancorp:
<TABLE>
<CAPTION>
Date Shares (#) Price/Share ($) Cost ($)
---- ---------- --------------- --------
<S> <C> <C> <C>
7/13/00 4,800 9.5200 45,696.00
7/14/00 2,500 9.5200 23,800.00
</TABLE>
JAM and Jacobs acquisitions of BYL Bancorp:
None in last 60 days
Page 16 of 16
