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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: February 22, 2001
REDWOOD EMPIRE BANCORP
(Exact number of Registrant as specified in its charter)
California File No. 0-19231 68-0166366
(State or other jurisdiction of (Commission File Number) (IRS Employer)
Incorporated or organization) Identification No.)
111 Santa Rosa Avenue, Santa Rosa, California 95404-4905
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (707) 573-4800
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Item 5. Other Events
Press releases for the following (articles attached):
Redwood Empire Bancorp announces participation in pooled trust preferred
offering.
Redwood Empire Bancorp announces partial completion of its current stock
repurchase plan and authorizes an additional 257,000 share repurchase.
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.
02-22-01
Date: ___________________ REDWOOD EMPIRE BANCORP
(Registrant)
/s/ James E. Beckwith
By:
James E. Beckwith
Executive Vice President and
Chief Operating Officer
FOR: REDWOOD EMPIRE BANCORP
APPROVED BY: James E. Beckwith
EVP/Chief Operating Officer
(707) 522-5215
For Immediate Release
REDWOOD EMPIRE BANCORP TO PARTICIPATE
IN POOLED TRUST PREFERRED OFFERING
SANTA ROSA, Calif. (February 14, 2001) -- Redwood Empire Bancorp (NASDAQ:
REBC) reported today that the Company has committed to a $10 million
participation in a pooled trust preferred securities offering. The closing
is expected to occur on February 22, 2001. "The funds will be used for
stock repurchases and other corporate purposes," stated President Patrick
Kilkenny.
The trust preferred securities have not been and will not be registered
under the Securities Act of 1933, as amended, or applicable state securities
laws and, unless so registered, may not be offered or sold in the United States
absent registration or an applicable exemption from the registration
requirements of the Securities Act of 1933, as amended, and applicable state
securities laws.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the trust preferred securities. This press
release is being issued pursuant to and in accordance with Rule 135c under the
Securities Act of 1933, as amended.
Redwood Empire Bancorp is the holding company for National Bank of the
Redwoods, a commercial bank. The Company operates through branches in Sonoma,
Mendocino and Lake Counties.
All statements contained in this release, which are not historical facts,
are forward-looking statements, within the meaning of Section 21E of the
Securities Exchange Act, that are subject to risks and uncertainties. Actual
results may differ materially from those set forth in or implied by
forward-looking statements. These risks are described in the Company's
Securities and Exchange Commission filings. The Company expressly disclaims any
obligation or undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any changes in the
Company's expectations with regard thereto or any change in events, conditions
or circumstances on which any such statements are based.
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FOR: REDWOOD EMPIRE BANCORP
APPROVED BY: James Beckwith
EVP/Chief Operating Officer
(707) 522-5215
For Immediate Release
REDWOOD EMPIRE BANCORP ANNOUNCES PARTIAL COMPLETION
OF ITS CURRENT STOCK REPURCHASE PLAN
AND AUTHORIZES AN ADDITIONAL 257,000 SHARE REPURCHASE
SANTA ROSA, Calif. (February 20, 2001) -- Redwood Empire Bancorp (NASDAQ: REBC)
today announced that it has repurchased 118,000 common shares of its current
authorization of 285,000 common shares at an average price of $25.26 per share.
In addition, the Board of Directors has authorized an additional repurchase
of 257,000 common shares. Under the repurchase program, the Company plans to
purchase shares from time to time on the open market or through privately
negotiated transactions. "We believe that shares of Redwood Empire currently
represent a compelling value, and that this repurchase program provides the
opportunity to enhance returns on capital and increased earnings per share over
the long-term," said James Beckwith. Redwood Empire Bancorp is the holding
company for National Bank of the Redwoods, a commercial bank. The Company
operates through branches in Sonoma, Mendocino and Lake Counties. The statements
contained in this release, which are not historical facts, are forward-looking
statements that are subject to risks and uncertainties. Actual results may
differ materially from those set forth in or implied by forward-looking
statements. These risks are described in the Company's Securities and Exchange
Commission filings.
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