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) December 17, 2009
PACIFIC COAST NATIONAL BANCORP |
(Exact name of registrant as specified in its charter) |
California | 000-51960 | 61-1453556 | ||
(State or other jurisdiction | (Commission File No.) | (IRS Employer | ||
jurisdiction of incorporation) | Identification Number) |
905 Calle Amanecer, San Clemente, California | 92673 | |
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (949) 361-4300
N/A |
(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
9 | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
9 | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
9 | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
9 | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.03 Bankruptcy or Receivership
On December 17, 2009 (the “Petition Date”), Pacific Coast National Bancorp (the "Company") filed a voluntary petition to liquidate its assets under Chapter 7 of Title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court, Central District of California, Santa Ana Division, Case No. 09-24059 (the “Chapter 7 Case”). The trustee appointed in the Company’s Chapter 7 Case to liquidate the Company is Mr. Richard Marshack.
In the Schedules of Assets and Liabilities filed by the Company concurrently with the Chapter 7 petition, the Company reported that, as of the Petition Date, its total assets were approximately $1,400 and its total liabilities were approximately $4.1 million.
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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.
PACIFIC COAST NATIONAL BANCORP | |||
Date: December 22, 2009 | By: | /s/ Bob R. Adkins | |
Bob R. Adkins | |||
Acting President and Chief Executive Officer |
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