MONTEREY BAY BANCORP INC
8-K, 2000-12-26
SAVINGS INSTITUTION, FEDERALLY CHARTERED
Previous: ASCHE TRANSPORTATION SERVICES INC, 8-K, EX-99.1, 2000-12-26
Next: MONTEREY BAY BANCORP INC, 8-K, EX-99.1, 2000-12-26





                UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549

                                    FORM 8-K

                Current Report Pursuant To Section 13 Or 15(d) Of
                      The Securities Exchange Act Of 1934


                        Date Of Report: December 26, 2000

                        (Date Of Earliest Event Reported)

                           MONTEREY BAY BANCORP, INC.

             (Exact Name Of Registrant As Specified In Its Charter)

            DELAWARE                                        77-0381362
(State Or Other Jurisdiction Of                  (I.R.S. Employer Identification
 Incorporation Or Organization)                              Number)


                         Commission File Number: 0-24802

              567 Auto Center Drive, Watsonville, California 95076
               (Address Of Principal Executive Offices)(Zip Code)

                                (831) 768 - 4800
              (Registrant's Telephone Number, Including Area Code)

                             WWW.MONTEREYBAYBANK.COM
                          (Registrant's Internet Site)

                            [email protected]
                     (Registrant's Electronic Mail Address)

                                       1
<PAGE>





Item 5.           Other Events

         On December 26, 2000,  Monterey Bay  Bancorp,  Inc.  ("Registrant"  and
"Company")  issued a press  release that  announced  the  repayment in full of a
$4,825,000  business  term  loan  primarily  secured  by the  common  stock of a
depository institution conducting business outside the State of California. This
loan was  originated  by Monterey Bay Bancorp,  Inc. and has been  maintained on
non-accrual  status  since the fourth  quarter of 1999.  The press  release also
announced an additional investment of $2.1 million by Monterey Bay Bancorp, Inc.
into its Monterey Bay Bank subsidiary.

Item 7.           Financial Statements And Exhibits

         (c)      Exhibits

         The following Exhibits are filed as part of this Report:

                  99.1     Press Release dated December 26, 2000.


                                       2
<PAGE>


                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                                      Monterey Bay Bancorp, Inc.
                                                                    (Registrant)




Date:  December 26, 2000         By:      /s/ C. Edward Holden
                                          --------------------
                                          C. Edward Holden
                                          Chief Executive Officer



                                       3
<PAGE>


                                  EXHIBIT INDEX

Exhibit Number                      Exhibit
--------------                      -------

Exhibit 99.1                        Press Release Dated December 26, 2000



                                       4



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission