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 (Date of earliest event reported) December 17,
2009
PACIFIC
COAST NATIONAL BANCORP
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(Exact
name of registrant as specified in its
charter)
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California
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000-51960
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61-1453556
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(State
or other jurisdiction
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(Commission
File No.)
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(IRS
Employer
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jurisdiction
of incorporation)
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Identification
Number)
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905
Calle Amanecer, San Clemente, California
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92673
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant's
telephone number, including area code: (949)
361-4300
N/A
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(Former
name or former address, if changed since last
report)
|
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:
9
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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9
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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9
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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9
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
1.03 Bankruptcy or Receivership
On
December 17, 2009 (the “Petition Date”), Pacific Coast National
Bancorp (the "Company") filed a voluntary petition to liquidate
its assets under Chapter 7 of Title 11 of the United States Code (the
“Bankruptcy Code”) in the United States Bankruptcy Court, Central District of
California, Santa Ana Division, Case No. 09-24059 (the “Chapter 7 Case”).
The trustee appointed in the Company’s Chapter 7 Case to liquidate the
Company is Mr. Richard Marshack.
In the
Schedules of Assets and Liabilities filed by the Company concurrently with the
Chapter 7 petition, the Company reported that, as of the Petition Date, its
total assets were approximately $1,400 and its total liabilities were
approximately $4.1 million.
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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.
PACIFIC
COAST NATIONAL BANCORP
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Date:
December 22, 2009
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By:
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/s/
Bob R.
Adkins
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Bob
R. Adkins
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Acting
President and Chief Executive
Officer
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