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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) AUGUST 13, 1996
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CALIFORNIA INDEPENDENT BANCORP
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(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
CALIFORNIA 0-26552 68-0349947
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(STATE OF (COMMISSION FILE NUMBER) (IRS EMPLOYER
INCORPORATION) IDENTIFICATION NO.)
1005 STAFFORD WAY, YUBA CITY, CALIFORNIA 95991
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICER)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE 916-674-4444
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5. OTHER EVENTS
A. STOCK DIVIDEND DECLARED
AT THE REGULAR MEETING OF THE BOARD OF DIRECTORS OF CALIFORNIA INDEPENDENT
BANCORP ON TUESDAY AUGUST 13, 1996, THE DIRECTORS DECLARED A 5 PERCENT (5%)
STOCK DIVIDEND ON ALL THE OUTSTANDING COMMON STOCK OF THE CORPORATION,
PAYABLE SEPTEMBER 20, 1996, TO SHAREHOLDERS OF RECORD AS OF THE CLOSE OF
BUSINESS AUGUST 30, 1996, WITH A FRACTIONAL SHARES VALUED AT $21.00 PER
SHARE.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) FINANCIAL STATEMENT OF BUSINESS ACQUIRED. NOT APPLICABLE.
(b) PRO FORMA FINANCIAL INFORMATION. NOT APPLICABLE.
(c) EXHIBITS. SEE INDEX TO EXHIBITS ON PAGE 4.
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SIGNATURES
PURSUANT TO THE REQUIREMENTS OF THE SECURITIES EXCHANGE ACT OF 1934, THE COMPANY
HAS DULY CAUSED THIS REPORT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED
HEREUNTO DULY AUTHORIZED.
CALIFORNIA INDEPENDENT BANCORP
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(COMPANY)
DATED: AUGUST 19, 1996 BY: /s/ ANNETTE BERTOLINI
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ANNETTE BERTOLINI
SENIOR VICE PRESIDENT
AND CHIEF FINANCIAL OFFICER
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INDEX TO EXHIBITS
EXHIBIT SEQUENTIALLY
NUMBER EXHIBIT NUMBERED PAGE
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4.1 NEWS RELEASE 5
4
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[LOGO]
EXHIBIT 4.1
NEWS RELEASE
FOR IMMEDIATE RELEASE AUGUST 14, 1996
FOR ADDITIONAL INFORMATION:
CONTACT: ANNETTE DIER BERTOLINI
SENIOR VICE PRESIDENT
CHIEF FINANCIAL OFFICER
(916) 674-4444
YUBA CITY, CA. -- AT THE REGULAR MEETING OF THE BOARD OF DIRECTORS OF CALIFORNIA
INDEPENDENT BANCORP ON TUESDAY AUGUST 13, 1996 THE DIRECTORS DECLARED A
5 PERCENT (5%) STOCK DIVIDEND ON ALL THE OUTSTANDING COMMON STOCK OF THE
CORPORATION, PAYABLE SEPTEMBER 20, 1996, TO SHAREHOLDERS OF RECORD AS OF THE
CLOSE OF BUSINESS AUGUST 30, 1996.
THIS STOCK DIVIDEND MARKS THE SEVENTH CONSECUTIVE YEAR DURING WHICH THE COMPANY
HAS DECLARED A STOCK DIVIDEND OR STOCK SPLIT.
NET PROFIT FOR THE PERIOD ENDING JUNE 30, 1996, WAS $1,574,163 AN IMPROVEMENT OF
$253,269 OR 19% OVER THE SAME PERIOD IN 1995, WHICH SAW NET PROFIT OF
$1,320,894.
NET PROFIT AFTER TAX FOR THE SECOND QUARTER OF 1996 WAS $787,395, AN IMPROVEMENT
OF $80,259 OR 11% OVER THE SAME QUARTER OF 1995, WHICH SAW NET PROFIT OF
$707,036.
CALIFORNIA INDEPENDENT BANCORP STOCK IS NOW LISTED ON THE NASDAQ NATIONAL
MARKET, USING THE TRADING SYMBOL "CIBN".
CALIFORNIA INDEPENDENT BANCORP AND ITS SUBSIDIARY, FEATHER RIVER STATE BANK,
WITH $216,929,539, IN ASSETS, OPERATES SIX BRANCHES AND TWO LOAN PRODUCTION
OFFICES IN YUBA, SUTTER, COLUSA, YOLO, BUTTE, AND PLACER COUNTIES.
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