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): March 31, 2008
SERVICE 1ST BANCORP
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(Exact name of registrant as specified in its charter)
CALIFORNIA 000-50323 32-0061893
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(State or other jurisdiction (File Number) (I.R.S. Employer
of incorporation) identification number)
49 West 10th Street, Tracy, California 95376
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(Address of principal executive offices and zip code)
(209) 956-7800
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(Registrant's telephone number, including area code)
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 (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 240.13c-4(c))
Item 2.02. Results of Operations and Financial Condition.
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Service 1st Bancorp, parent holding company for Service 1st Bank and
Charter Services Group, Inc., reported that net income for the year
ended December 31, 2007 was $337,023 compared to net earnings of
$847,121 for 2006. Total assets increased 1.70% to end at
$231,075,943 as compared to $227,057,390 at year end 2006
The foregoing summary results are qualified by reference to the
press release attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
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a. Financial Statements
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None.
b. Pro Forma Financial Information
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None.
c. Exhibits
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(99.1) Press Release dated March 28, 2007.
Page 2 of 6
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.
March 31, 2008
Service 1st Bancorp
By: /s/ Robert E. Bloch
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Executive Vice President
and Chief Financial Officer
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EXHIBIT INDEX
Sequential
Exhibit Number Description Page Number
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99.1 Press Release dated March 28, 2008 5-6
Page 4 of 6