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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 AND 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported:) June 15, 1999
CALIFORNIA INDEPENDENT BANCORP
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(Exact Name of Registrant as Specified in its Charter)
CALIFORNIA
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(State or Other Jurisdiction of Incorporation)
0-26552 68-0349947
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(Commissions File Number) (IRS Employer Identification No.)
1227 Bridge Street, Suite C, Yuba City, Ca. 95991
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(Address of Principal Executive Office) (Zip Code)
(530) 674-4444
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(Registrant's Telephone Number, Including Area Code)
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(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
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Item 5. Other Events.
The Boards of Directors of California Independent Bancorp ("CIBN") and its
wholly-owned subsidiary Feather River State Bank ("Bank") announced the
resignation of President and Chief Executive Officer Robert J. Mulder from
his directorship and executive officer positions with CIBN and the Bank
effective June 15, 1999, The Boards are working with Mr. Mulder to assure a
smooth transition, and, subject to appropriate regulatory approval, Mr.
Mulder has agreed to continue his association with CIBN and the Bank as a
long-term consultant.
In its continued efforts to strengthen senior management, the Boards of
Directors are pleased to announce that pending appropriate regulatory
approval, Larry D. Hartwig has agreed to become President and Chief
Executive Officer of CIBN and the Bank. Mr. Hartwig has more than 30 years'
experience in the banking industry. Most recently, he served on the boards of
directors and as President and Chief Executive Officer of SC Bancorp and its
wholly-owned subsidiary Southern California Bank prior to the institutions'
1997 merger into Western Bancorp.
A copy of the press release announcing the resignation of Mr. Mulder and Mr.
Hartwig's anticipated appointment as President and Chief Executive Officer of
CIBN and the Bank is filed as Exhibit 99.1 to this Form 8-K.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
The following exhibit is filed with this Current Report on Form 8-K:
EXHIBIT NO. DESCRIPTION
99.1 Press Release of California Independent Bancorp dated
June 25, 1999.
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.
CALIFORNIA INDEPENDENT BANCORP
(Registrant)
DATE: JUNE 25, 1999 By: /s/ Annette Dier Bertolini
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ANNETTE DIER BERTOLINI
Senior Vice President and
Chief Financial Officer
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EXHIBIT 99.1
[CALIFORNIA INDEPENDENT BANCORP LETTERHEAD]
FOR IMMEDIATE RELEASE June 25, 1999
Contact: Annette Bertolini, Senior Vice-President, Feather River State
Bank (530) 674-4447
PRESS RELEASE
HARTWIG NAMED PRESIDENT AND CEO OF CALIFORNIA
INDEPENDENT BANCORP AND FEATHER RIVER STATE BANK
The Boards of Directors of California Independent Bancorp ("CIBN") and its
wholly-owned subsidiary Feather River State Bank ("Bank") announce the
resignation of President and Chief Executive Officer Robert J. Mulder from
his directorship and executive officer positions with CIBN and the Bank
effective June 15, 1999. The Boards are working with Mr. Mulder to assure a
smooth transition, and, subject to appropriate regulatory approval, Mr.
Mulder has agreed to continue his association with CIBN and the Bank as a
long-term consultant.
In its continued efforts to strengthen senior management, the Board of
Directors of CIBN and the Bank are pleased to announce that pending
appropriate regulatory approval, Larry D. Hartwig has accepted the position
of President and Chief Executive Officer of CIBN and the Bank. Mr. Hartwig
will also serve on the Boards of Directors for both the CIBN and the Bank.
Mr. Hartwig has more than 30 years experience in the banking industry. Most
recently, he served on the boards of directors and as the President and Chief
Executive Officer of SC Bancorp in Anaheim, California and its wholly-owned
subsidiary Southern California Bank prior to the institutions' 1997 merger
into Western Bancorp.
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1227 Bridge Street, Suite C -- P.O. Box 929002 -- Yuba City, CA 95992-9002
(530) 674-4444 FAX (530) 674-4443
