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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): October 29, 2002


CALIFORNIA INDEPENDENT BANCORP
(Exact Name of Registrant as Specified in Charter)

California
(State or Other Jurisdiction of Incorporation)
  0-26552
(Commission File Number)
  68-0349947
(IRS Employer
Identification No.)

 

 

1227 Bridge St., Suite C
Yuba City, CA
(Address of Principal Executive Offices)

 

95991
(Zip Code)

Registrant's telephone number, including area code: (530) 674-6025

N/A
(Former Name or Former Address, if Changed Since Last Report)




Item 5. Other Events

        On October 30, 2002, California Independent Bancorp ("CIB") issued a press release announcing the issuance of ten million dollars ($10,000,000) of Trust Preferred Securities. The sale of the securities closed and funded on October 29, 2002. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.


Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.

        The following exhibits are filed with this report on Form 8-K:

Exhibit No.

  Description
99.1   Press Release of the Registrant issued on October 30, 2002.


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.

    CALIFORNIA INDEPENDENT BANCORP

Date: October 30, 2002

 

By:

 

/s/  
KEVIN R. WATSON      
    Name:   Kevin R. Watson
    Title:   Chief Financial Officer/Corporate Secretary (Principal Financial and Accounting Officer)



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SIGNATURES