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): June 18, 2007
FIRST CALIFORNIA FINANCIAL GROUP, INC.
(Exact Name of Registrant As Specified In Its Charter)
| | | | |
| Delaware | | 000-52498 | | 38-3737811 |
| (State of Incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification Number) |
1880 Century Park East, Suite 800
Los Angeles, California 90067
(310) 277-2265
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)). |
On June 19, 2007, First California Financial Group, Inc. (the “Company”) issued a press release announcing that the Company has completed the integration of its wholly-owned subsidiary banks, Mercantile National Bank (“MNB”), South Bay Bank, N.A. (“SBB”) and First California Bank. Effective June 18, 2007, substantially all of the assets and liabilities of MNB and SBB were purchased and assumed by First California Bank. Immediately after the purchase and assumption transaction, on June 18, 2007, MNB and SBB were sold to United Central Bank and The Independent BankersBank, both of Texas, respectively. The Company will recognize a pre-tax gain of $2.4 million in the second quarter of 2007 on the sale of MNB and SBB.
A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
| | |
| 99.1 | | Press Release dated June 19, 2007. |
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.
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| | | FIRST CALIFORNIA FINANCIAL GROUP, INC. |
| | |
Date: June 21, 2007 | | By: | | /s/ Romolo Santarosa |
| | | | Romolo Santarosa |
| | | | Executive Vice President and Chief Financial Officer |
