<PAGE>
PAGE 1 OF 22 PAGES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
AMENDMENT NO. 1
TO
SCHEDULE 13D
Under the Securities Exchange Act of 1934*
UNION ACCEPTANCE CORP.
--------------------------------------------------------
(Name of Issuer)
CLASS A COMMON STOCK
--------------------------------------------------------
(Title of Class of Securities)
904832102
--------------------------------------------------------
(CUSIP Number)
John M. Eggemeyer, III
6051 El Tordo Rancho Santa Fe, CA 92067
Phone: (858) 756-8300
--------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
DECEMBER 6, 1999
--------------------------------------------------------
(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(b)(3) or (4), check the following: / /
Check the following box if a fee is being paid with the statement (a fee is not
required only if the reporting 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).
(See Rule 13d-7). / /
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
CUSIP NO. 904832102 PAGE 2 OF 22 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
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
NUMBER OF SHARES 7 SOLE VOTING POWER
BENEFICIALLY 205,400 (1)
OWNED BY --------------------------------------------------
EACH 8 SHARED VOTING POWER
REPORTING
PERSON --------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
205,400 (1)
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
205,400
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.6%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN (limited partnership)
- -------------------------------------------------------------------------------
<PAGE>
PAGE 3 OF 22 PAGES
FOOTNOTES TO FACING SHEET FOR CASTLE CREEK CAPITAL PARTNERS FUND I, LP
(1) Power is exercised through its sole general partner, Castle Creek Capital
LLC
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
CUSIP NO. 904832102 PAGE 4 OF 22 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
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 870,820 (1)
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 870,820 (1)
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
870,820
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.0%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN (limited partnership)
- -------------------------------------------------------------------------------
<PAGE>
PAGE 5 OF 22 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. 904832102 PAGE 6 OF 22 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
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 367,838 (1)
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 367,838 (1)
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
367,838
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.4%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
PN (limited partnership)
- -------------------------------------------------------------------------------
<PAGE>
PAGE 7 OF 22 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. 904832102 PAGE 8 OF 22 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
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 1,444,058 (1)
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 1,444,058 (1)
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,444,058 (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)
24.9%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO (limited liability company)
- -------------------------------------------------------------------------------
<PAGE>
PAGE 9 OF 22 PAGES
FOOTNOTES TO FACING SHEET FOR CASTLE CREEK CAPITAL LLC
(1) Power is exercised through its controlling members, Eggemeyer Advisory
Corp. and WJR Corp.
(2) 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. 904832102 PAGE 10 OF 22 PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Eggemeyer Advisory Corp.
Federal ID No.:36-4104569
- -------------------------------------------------------------------------------
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
- -------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES
BENEFICIALLY --------------------------------------------------
OWNED BY EACH 8 SHARED VOTING POWER
REPORTING 1,444,058 (1)
PERSON --------------------------------------------------
WITH 9 SOLE DISPOSITIVE POWER
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,444,058 (1)
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,444,058 (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)
24.9%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO (limited liability company)
- -------------------------------------------------------------------------------
<PAGE>
PAGE 11 OF 22 PAGES
FOOTNOTES TO FACING SHEET FOR EGGEMEYER ADVISORY CORP.
(1) Power is exercised through its sole shareholder and president, John M.
Eggemeyer, III.
(2) In its capacity as a 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. 904832102 PAGE 12 OF 22 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
- -------------------------------------------------------------------------------
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
50,000(1)
NUMBER OF --------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 1,444,058(2)
OWNED BY EACH
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 50,000(1)
--------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,444,058(2)
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,494,058 (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)
25.8%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- -------------------------------------------------------------------------------
<PAGE>
PAGE 13 OF 22 PAGES
FOOTNOTES TO FACING SHEET FOR JOHN M. EGGEMEYER, III
(1) Owned by John M. Eggemeyer, III.
(2) Consists of 1,444,058 shares for which power is exercised as President
of Castle Creek Capital LLC and as sole shareholder of one of its
controlling members. Power is shared with William J. Ruh as Senior Vice
President of Castle Creek Capital LLC and as sole shareholder of one of
its controlling members.
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
CUSIP NO. 904832102 PAGE 14 OF 22 PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
WJR Corp.
Federal ID No. 36-4046499
- -------------------------------------------------------------------------------
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
NUMBER OF --------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 1,444,058 (1)
OWNED BY EACH
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH
- -------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,444,058 (1)
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,444,058 (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)
24.9%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
OO (limited liability company)
- -------------------------------------------------------------------------------
<PAGE>
PAGE 15 OF 22 PAGES
FOOTNOTES TO FACING SHEET FOR WJR CORP.
(1) Power is exercised through its sole shareholder and president, William
J. Ruh.
(2) In its capacity as a 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 and Castle Creek Capital
Partners Fund IIb, LP.
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
CUSIP NO. 904832102 PAGE 16 OF 22 PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William J. Ruh
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
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
NUMBER OF --------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 1,449,308 (1)(2)
OWNED BY EACH
REPORTING --------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 1,449,308 (1)(2)
- -------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- -------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,449,308 (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)
25.0%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- -------------------------------------------------------------------------------
<PAGE>
PAGE 17 OF 22 PAGES
FOOTNOTES TO FACING SHEET FOR WILLIAM J. RUH
(1) Includes 1,444,058 shares for which power is exercised as Senior Vice
President of Castle Creek Capital LLC and as sole shareholder of one of
its controlling members. Power is shared with John M. Eggemeyer, III
as President of Castle Creek Capital LLC and as sole shareholder of
one of its controlling members.
(2) Includes 5,250 shares owned by family members over which William J.
Ruh exercises voting and dispositive power.
<PAGE>
AMENDMENT NO. 1
TO
SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER.
This statement relates to the Class A common stock, no par value,
(the "Common Stock") of Union Acceptance Corp. (the "Issuer"). The address of
the Issuer's principal executive offices is 250 North Shadeland Avenue,
Indianapolis, IN 46219.
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 a controlling member of the General Partner ("EAC"); John M. Eggemeyer,
III, a California resident and the sole shareholder and President of EAC and
the President of the General Partner ("Eggemeyer"); WJR Corp., a Delaware
corporation and a controlling member of the General Partner ("WJR"); and
William J. Ruh, a California resident and the sole shareholder and President
of WJR and the Senior Vice President of the General Partner ("Ruh"). 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. Ruh is a
citizen of the United States of America.
Page 18 of 22 Pages
<PAGE>
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
On December 3, 1999, Fund IIa purchased 42,182 shares of Issuer's
Class A Common Stock, and on December 6, 1999, Fund IIa purchased 828,638
shares of Issuer's Class B Common Stock which converted upon such purchase
into 828,638 shares of Common Stock. Each of these shares of Issuers Common
Stock was purchased at $7.00 per share at an aggregate purchase price of
$6,095,740. On December 3, 1999, Fund IIb purchased 17,818 shares of Issuer's
Class A Common Stock, and on December 6, 1999, Fund IIb purchased 350,020
shares of Issuer's Class B Common Stock which converted upon such purchase
into 350,020 shares of Common Stock. Each of these shares of Issuers Common
Stock was purchased at $7.00 per share at an aggregate purchase price of
$2,574,866. The purchases were funded from capital contributions received
from its limited partners.
John M. Eggemeyer purchased an aggregate of 42,000 shares of the
Issuer's Common Stock in open market transactions from March 18, 1999 through
August 31, 1999 at an aggregate purchase price of $289,048.
ITEM 4. PURPOSE OF TRANSACTION.
The purchases by Fund I, Fund IIa, Fund IIb, and Mr. Eggemeyer of
shares of Common Stock were for investment purposes.
(a) The filing persons may also make additional purchases of the
Issuer's securities.
(b) - (j) None at the present time.
ITEM 5 INTEREST IN SECURITIES OF ISSUER.
(a) Fund I beneficially owns 205,400 shares of Common Stock or 3.6%
of the Issuer's outstanding Common Stock. Fund IIa beneficially owns 870,820
shares of Common Stock or 15.0% of the Issuer's outstanding Common Stock.
Fund IIb beneficially owns 367,838 shares of Common Stock or 6.4% 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 or the other persons filing
this statement.
(b) Fund I has the sole voting and dispositive powers over the
205,400 shares of Common Stock beneficially owned by it, representing
approximately 3.6% of the Issuer's outstanding Common Stock. Fund IIa has the
sole voting and dispositive power over 870,820 shares of Common Stock
beneficially owned by it, representing approximately 15.0% of the Issuer's
outstanding Common Stock. Fund IIb has the sole voting and dispositive power
over 367,838 shares of Common Stock beneficially owned by it, representing
approximately 6.4% 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
and WJR as the controlling members of the General Partner which in turn are
exercised by Eggemeyer as the sole stockholder and President of EAC and as
President of the General Partner and Ruh as the sole shareholder and
President of WJR and as Senior Vice President of the
Page 19 of 22 Pages
<PAGE>
General Partner. In addition, Eggemeyer exercises voting and dispositive
power over 50,000 shares and Ruh exercises voting and dispositive power over
5,250 shares of Common Stock owned by members of his family.
(c) During the past sixty days, the persons named in Item 5(a) made
the following purchases of the Issuer's common Stock:
<TABLE>
<CAPTION>
Name Number of Shares Purchased Date of Purchase Purchase Price
---- -------------------------- ---------------- --------------
<S> <C> <C> <C>
Fund IIa 42,182 December 3, 1999 $295,274
Fund IIb 17,818 December 3, 1999 $124,726
Fund IIa 828,638 December 6, 1999 $5,800,466
Fund IIb 350,020 December 6, 1999 $2,450,140
(d) and (e) Not Applicable.
</TABLE>
ITEM 6. CONTRACTS, AGREEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
None.
Page 20 of 22 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 10, 1999
CASTLE CREEK CAPITAL PARTNERS FUND I, LP
By: Castle Creek Capital, LLC
Its General Partner
By: /s/ William J. Ruh
--------------------------------
Its Senior President
CASTLE CREEK CAPITAL PARTNERS FUND IIa, LP
By: Castle Creek Capital, LLC
Its General Partner
By: /s/ William J. Ruh
--------------------------------
Its Senior President
CASTLE CREEK CAPITAL PARTNERS FUND IIb, LP
By: Castle Creek Capital, LLC
Its General Partner
By: /s/ William J. Ruh
--------------------------------
Its Senior President
CASTLE CREEK CAPITAL, LLC
By: /s/ William J. Ruh
------------------------------------
Its Senior President
EGGEMEYER CORP.
By: /s/ John M. Eggemeyer, III
------------------------------------
Its President
/s/ John M. Eggemeyer, III
- -------------------------------------
John M. Eggemeyer, III
Page 21 of 22 Pages
<PAGE>
WJR CORP.
By: s/ William J. Ruh
------------------------------------
Its President
s/ William J. Ruh
- -------------------------------------
William J. Ruh
Page 22 of 22 Pages
