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 8, 1997
REGENCY BANCORP
(Exact name of registrant as specified in its charter)
California 33-82150 77-0378956
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
7060 N. Fresno, Fresno, California 93720
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (209) 438-2600
Not Applicable
(Former name or former address, if changed since last report).
Page 1 of 25 pages
The Exhibit Index is on Page 4.
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Item 5. OTHER EVENTS.
The Registrant and the Federal Deposit Insurance Corporation ("FDIC")
have executed the Stipulation and Consent to the issuance of an Order
to Cease and Desist as of October 28, 1997, and the FDIC has executed
and issued the Order to Cease and Desist as of November 14, 1997. The
Order to Cease and Desist becomes effective ten days after issuance by
the FDIC. The Registrant has also executed the Waiver and Consent to
the issuance of an Order under Financial Code Section 1913 by the
California Department of Financial Institutions ("CDFI") and the CDFI
has issued its Final Order pursuant to section 1913 of the Financial
Code dated as of November 14, 1997. The above-referenced Orders and
related documents are substantially identical to the Orders and
documents filed as exhibits to the Registrant's Current Report on Form
8-K dated November 6, 1997, filed with the Commission on November 10,
1997.
Item 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) FINANCIAL STATEMENTS.
Not Applicable.
(b) PRO FORMA FINANCIAL INFORMATION.
Not Applicable.
(c) EXHIBITS.
(99.1) Copies of the Stipulation and Consent to the Issuance of an
Order to Cease and Desist and Order to Cease and Desist
executed by the Registrant and the FDIC, dated October 28,
1997 and November 14, 1997, respectively.
(99.2) Copies of the Waiver and Consent and Final Order as executed
by the Company and the California Department of Financial
Institutions, dated October 28, 1997 and November 14, 1997,
respectively.
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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.
REGENCY BANCORP
Date: December 8, 1997 /s/ STEVEN F. HERTEL
--------------------
Steven F. Hertel
President & CEO
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EXHIBIT INDEX
Sequential
Exhibit No. Description Page No.
- ----------- ----------- ----------
99.1 Copies of the Stipulation and Consent to the 5 -20
Issuance of an Order to Cease and Desist and
Order to Cease and Desist executed by the
Company and the FDIC, dated October 28, 1997
and November 14, 1997, respectively.
99.2 Copies of the Waiver and Consent and Final Order 21-25
as executed by the Company and the California
Department of Financial Institutions, dated
October 28, 1997 and November 14, 1997,
respectively.
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