<PAGE>
PAGE 1 OF 22 PAGES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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: (619) 756-8300
--------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
MARCH 1, 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). / /
NOTE: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1 (a) 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.
<PAGE>
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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
205,400 (1)
NUMBER OF ---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH ---------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 205,400 (1)
WITH ---------------------------------------------------------------
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)
4.0%
- --------------------------------------------------------------------------------
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>
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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
344,487 (1)
NUMBER OF ---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH ---------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 344,487 (1)
WITH ---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
344,487
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.8%
- --------------------------------------------------------------------------------
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>
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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
145,513(1)
NUMBER OF ---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH ---------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 145,513(1)
WITH ---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
145,513
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.9%
- --------------------------------------------------------------------------------
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>
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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
695,400 (1)
NUMBER OF ---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY EACH ---------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 695,400(1)
WITH ---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
695,400(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)
13.6%
- --------------------------------------------------------------------------------
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>
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
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF ---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 695,400(1)
OWNED BY EACH ---------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH ---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
695,400(1)
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
695,400 (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)
13.6%
- --------------------------------------------------------------------------------
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>
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
NUMBER OF ---------------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 695,400(1)
OWNED BY EACH ---------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH ---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
695,400(1)
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
695,400(1)
- --------------------------------------------------------------------------------
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
IN
- --------------------------------------------------------------------------------
<PAGE>
PAGE 13 OF 22 PAGES
FOOTNOTES TO FACING SHEET FOR JOHN M. EGGEMEYER, III
(1) 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>
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 695,400(1)
OWNED BY EACH ---------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH ---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
695,400(1)
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
695,400(1)
- --------------------------------------------------------------------------------
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 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>
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 700,650(1)(2)
OWNED BY EACH ---------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 700,650(1)(2)
WITH ---------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
700,650(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)
13.7%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
<PAGE>
PAGE 17 OF 22 PAGES
FOOTNOTES TO FACING SHEET FOR WILLIAM J. RUH
(1) Includes 695,400 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>
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.
Fund I purchased an aggregate of 205,400 shares of the Issuer's Common
Stock in open market transactions from February 3, 1998 through July 9, 1998
for an aggregate price of $1,628,320 which was funded from capital
contributions received from its limited partners.
On March 1, 1999, Fund IIa purchased 344,487 shares of Issuer's Class B
Common Stock which converted upon such purchase into 344,487 shares of Common
Stock at $7.00 per share for $2,411,409, and Fund IIb purchased 145,513
shares of Issuer's Class B Common Stock which converted upon such purchase
into 145,513 shares of Common Stock at $7.00 per share for an aggregate price
of $1,018,591. The purchases were funded from capital contributions received
from its limited partners.
Members of Ruh's family purchased an aggregate of 5,250 shares of the
Issuer's Common Stock in open market transactions from November 4, 1997
through September 17, 1998 of an aggregate purchase price of $30,591.
ITEM 4. PURPOSE OF TRANSACTION.
The purchases by Fund I, Fund IIa and Fund IIb 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 4.0% of
the Issuer's outstanding Common Stock. Fund IIa beneficially owns 344,487
shares of Common Stock or 6.8% of the Issuer's outstanding Common Stock. Fund
IIb beneficially owns 145,513 shares of Common Stock or 2.9% 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
4.0% of the Issuer's outstanding Common Stock. Fund IIa has the sole voting
and dispositive power over 344,487 shares of Common Stock beneficially owned
by it, representing approximately 6.8% of the Issuer's outstanding Common
Stock. Fund IIb has the sole voting and dispositive power over 145,513 shares
of Common Stock beneficially owned by it, representing approximately 2.9% 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 is in turn are exercised by
Eggemeyer as the sole stockholder and President of EAC and as President of
the General Partner
Page 19 of 22 Pages
<PAGE>
and Ruh as the sole shareholder and President of WJR and as Senior Vice
President of the General Partner. In addition, 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 344,487 March 1, 1999 $2,411,409
Fund IIb 145,513 March 1, 1999 $1,018,591
</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.
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: March 8, 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
