As filed with the Securities and Exchange Commission on July 16, 1998 Registration No.________ ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _____________ FORM S-8 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 PNB FINANCIAL GROUP ------------------- (Exact Name of Registrant as Specified in Its Charter) California -------------------------------------------------------------- (State or Other Jurisdiction of Incorporation or Organization) 95-3847640 ------------------------------------ (I.R.S. Employer Identification No.) 4665 MacArthur Court, Newport Beach, California 92660 --------------------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) 1995 INCENTIVE STOCK OPTION PLAN -------------------------------- (Full title of the plan) Doug L. Heller Pacific National Bank 4665 MacArthur Court, Newport Beach, California 92660 ----------------------------------------------------- (Name and Address of Agent For Service) (714) 851-1033 ------------------------------------------------------------- (Telephone Number, Including Area Code, of Agent For Service) CALCULATION OF REGISTRATION FEE =============================================================================== Proposed Proposed Title of Maximum Maximum Securities Amount Offering Aggregate Amount of To Be To Be Price per Offering Registration Registered Registered Share/(1)/ Price/(1)/ Fee - ------------------------------------------------------------------------------- Common Stock, no par value 50,000 shares $36.3125 $1,815,625 $550.19 =============================================================================== /(1)/ Computed pursuant to Rule 457(h) on the basis of the average of the bid and asked price of the Common Stock on July 14, 1998 =============================================================================== STATEMENT This Registration Statement relates to the registration of additional shares of the common stock of registrant reserved for issuance under the Registrant's 1995 Incentive Stock Option Plan. Pursuant to General Instruction E of Form S-8, the contents of the Registration Statement on Form S-8 (SEC File #333-17997) filed by the Registrant with the Securities and Exchange Commission and effective on December 17, 1996 are hereby incorporated by reference herein. ITEM 8. The exhibits listed in the accompanying index to exhibits are filed or incorporated as a part of this Registration Statement. 2 EXHIBIT INDEX Exhibit No. Exhibit - ---------- ------- 5.1 Opinion of Day Campbell & McGill 23.1 Consent of Day Campbell & McGill (included in Exhibit 5.1). 23.2 Consent of McGladrey & Pullen, LLP, Independent Certified Public Accountants. 3 SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Newport Beach, State of California, on July 14, 1998. PNB FINANCIAL GROUP By: /s/ Allen C. Barbieri --------------------- Allen C. Barbieri President and Director Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities and on the date indicated. Signatures Title Date - ---------- ----- ---- /s/ Allen C. Barbieri President and Director July 14, 1998 - ------------------------- Allen C. Barbieri /s/ Bernard E. Schnieder Chairman of the Board July 14, 1998 - ------------------------- Bernard E. Schnieder /s/ Doug L. Heller Chief Financial Officer July 14, 1998 - ------------------------- Doug L. Heller /s/ Martin T. Hart Director July 14, 1998 - ------------------------- Martin T. Hart /s/ Barney Whitesell Director July 14, 1998 - ------------------------- Barney Whitesell /s/ Jon A. Salquist Director July 14, 1998 - ------------------------- Jon A. Salquist 4 EXHIBIT INDEX Exhibit No. Exhibit - ---------- ------- 5.1 Opinion of Day Campbell & McGill 23.1 Consent of Day Campbell & McGill (included in Exhibit 5.1). 23.2 Consent of McGladrey & Pullen, LLP, Independent Certified Public Accountants.