SEC 1746
(2-98)


Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

UNITED STATES

OMB APPROVAL

 

SECURITIES AND EXCHANGE
COMMISSION

OMB Number:
3235-0145

 

Washington, D.C. 20549

Expires: October 31, 2002

 

SCHEDULE 13D/A
(Rule 13d-101)

Estimated average burden hours per response. . 14.9

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE  13d-2(a)

(Amendment No. 2)*

 

FIRST COMMUNITY BANCORP

(Name of Issuer)

 

COMMON STOCK, NO PAR VALUE

(Title of Class of Securities)

 

31983B101

(CUSIP Number)

 

John M. Eggemeyer, III

6051 El Tordo

Rancho Santa Fe, CA 92067

(858) 759-8300

 

with a copy to:

 

William Moody

c/o Castle Creek

6051 El Tordo

Rancho Santa Fe, CA 92067

(858) 759-8300

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

 

July 17, 2002

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D and is filing this Schedule because of Rule 13d-1(b)(3) or (4), check the following: o

 

Check the following box if a fee is being paid with the statement (a fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class).  (See Rule 13d-7). o

 


 


CUSIP No.   31983B101

 

 

1.

Name of Reporting Persons.
S.S. or I.R.S. Identification Nos. of above person

Castle Creek Capital Partners Fund I, LP
Federal ID No.: 36-4073941

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
N/A

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)    o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
645,662 (1)

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
645,662 (1)

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
645,662

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
Not applicable.

 

 

13.

Percent of Class Represented by Amount in Row (11)
5.6
%

 

 

14.

Type of Reporting Person
PN (limited partnership)


(1)           Power is exercised through its sole general partner, Castle Creek Capital LLC.

 

2


 


CUSIP No.   31983B101

 

 

1.

Name of Reporting Persons.
S.S. or I.R.S. Identification Nos. of above person

Castle Creek Capital Partners Fund IIa, LP
Federal ID No.: 68-0415156

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
WC

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)    o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
877,120 (1)

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
877,120 (1)

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
877,120

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
Not applicable.

 

 

13.

Percent of Class Represented by Amount in Row (11)
7.7%

 

 

14.

Type of Reporting Person
PN (limited partnership)


(1)           Power is exercised through its sole general partner, Castle Creek Capital LLC.

 

3


 


CUSIP No.   31983B101

 

 

1.

Name of Reporting Persons.
S.S. or I.R.S. Identification Nos. of above person

Castle Creek Capital Partners Fund IIb, LP
Federal ID No.: 68-0415157

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
WC

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)    o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
370,465 (1)

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
370,465 (1)

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
370,465

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
Not applicable.

 

 

13.

Percent of Class Represented by Amount in Row (11)
3.2%

 

 

14.

Type of Reporting Person
PN (limited partnership)


(1)           Power is exercised through its sole general partner, Castle Creek Capital LLC.

 

4


 


CUSIP No.   31983B101

 

 

1.

Name of Reporting Persons.
S.S. or I.R.S. Identification Nos. of above person

Castle Creek Capital LLC
Federal ID No.: 36-4073477

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
AF

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)    o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
1,893,277 (1)

 

8.

Shared Voting Power
-0-

 

9.

Sole Dispositive Power
1,893,277 (1)

 

10.

Shared Dispositive Power
-0-

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,893,277 (1)(2)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
Not applicable.

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.5%

 

 

14.

Type of Reporting Person
00 (limited liability company)

 


(1)

 

Power is exercised through its controlling members, Eggemeyer Advisory Corp. and WJR Corp.

 

 

 

(2)

 

Solely in its capacity as sole general partner of Castle Creek Capital Partners Fund I, LP, Castle Creek Capital Partners Fund IIa, LP and Castle Creek Capital Partners Fund IIb, LP.

 

5


 


CUSIP No.   31983B101

 

 

1.

Name of Reporting Persons.
S.S. or I.R.S. Identification Nos. of above person

Eggemeyer Advisory Corp.
Federal ID No.: 36-4104569

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
AF

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)    o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
0

 

8.

Shared Voting Power
1,893,277 (1)

 

9.

Sole Dispositive Power
0

 

10.

Shared Dispositive Power
1,893,277 (1)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,893,277 (1) (2)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
Not applicable.

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.5%

 

 

14.

Type of Reporting Person
CO (corporation)

 


(1)

 

Power is exercised through its sole shareholder and president, John M. Eggemeyer, III.

 

 

 

(2)

 

In its capacity as a controlling member of Castle Creek Capital LLC, the sole general partner of Castle Creek Capital Partners Fund I, LP, Castle Creek Capital Partners Fund IIa, LP and Castle Creek Capital Partners Fund IIb, LP.

 

6


 


CUSIP No.   31983B101

 

 

1.

Name of Reporting Persons.
S.S. or I.R.S. Identification Nos. of above person

John M. Eggemeyer, III

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
PF/AF

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)    o

 

 

6.

Citizenship or Place of Organization
United States of America

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
280,479 (1)

 

8.

Shared Voting Power
1,915,086 (2)

 

9.

Sole Dispositive Power
280,479 (1)

 

10.

Shared Dispositive Power
1,915,086 (2)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,195,565 (1) (2)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
Not applicable.

 

 

13.

Percent of Class Represented by Amount in Row (11)
19.2%

 

 

14.

Type of Reporting Person
IN (individual)

 


(1)

 

Owned by John M. Eggemeyer, III.

 

 

 

(2)

 

Consists of 1,893,277 shares for which power is exercised as President of Castle Creek Capital LLC and as sole shareholder of one of its controlling members and 21,809 shares under The First Community Bancorp Directors Deferred Compensation Plan.  Power is shared with William J. Ruh as Executive Vice President of Castle Creek Capital LLC and as sole shareholder of one of its controlling members.

 

 

7


 


CUSIP No.   31983B101

 

 

1.

Name of Reporting Persons.
S.S. or I.R.S. Identification Nos. of above person

WJR Corp.
Federal ID No.: 36-4046499

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds
AF

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)    o

 

 

6.

Citizenship or Place of Organization
Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
-
0-

 

8.

Shared Voting Power
1,893,277 (1)

 

9.

Sole Dispositive Power
-0-

 

10.

Shared Dispositive Power
1,893,277 (1)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,893,277 (1) (2)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
Not applicable.

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.5%

 

 

14.

Type of Reporting Person
CO (corporation)

 


(1)

 

Power is exercised through its sole shareholder and president, William J. Ruh.

 

 

 

(2)

 

In its capacity as a controlling member of Castle Creek Capital LLC, the sole general partner of Castle Creek Capital Partners Fund I, LP, Castle Creek Capital Partners Fund IIa, LP and Castle Creek Capital Partners Fund IIb, LP.

 

 

8


 


CUSIP No.   31983B101

 

 

1.

Name of Reporting Persons.
S.S. or I.R.S. Identification Nos. of above person

William J. Ruh

 

 

2.

Check the Appropriate Box if a Member of a Group (See Instructions)

 

 

(a)

o

 

 

(b)

ý

 

 

3.

SEC Use Only

 

 

4.

Source of Funds (See Instructions)
PF

 

 

5.

Check Box if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)    o

 

 

6.

Citizenship or Place of Organization
United States of America

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

7.

Sole Voting Power
42,620 (1)

 

8.

Shared Voting Power
1,893,277 (2)

 

9.

Sole Dispositive Power
42,620 (1)

 

10.

Shared Dispositive Power
1,893,277 (2)

 

 

11.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,935,897 (1) (2)

 

 

12.

Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
Not applicable.

 

 

13.

Percent of Class Represented by Amount in Row (11)
16.9%

 

 

14.

Type of Reporting Person
IN (individual)

 


(1)

 

Includes 1,893,277 shares for which power is exercised as Executive Vice President of Castle Creek Capital LLC and as sole shareholder of one of its controlling members.  Power is shared with John M. Eggemeyer, III as President of Castle Creek Capital LLC and as sole shareholder of one of its controlling members.

 

 

 

9



 

                Item 3 of this statement on Form 13D is hereby amended by adding the following:

 

 

ITEM 3.

SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

On July 17, 2002, Fund IIa purchased 139,203 shares of Issuer’s Common Stock. The Common Stock was purchased at $24.50 per share for an aggregate purchase price of $3,410,474.

On July 17, 2002, Fund IIb purchased 58,797 shares of Issuer’s Common Stock. The Common Stock was purchased at $24.50 per share for an aggregate purchase price of $1,440,527.

The purchases by both Fund IIa and Fund IIb were funded from capital contributions received from its limited partners and from borrowings by the Funds.

                Item 5 of this statement on Form 13D is hereby amended and restated in its entirety as follows:

 

ITEM 5.

INTEREST IN SECURITIES OF THE ISSUER.

 

(a)(i) For each Reporting Person, the aggregate number of shares of Common Stock owned and corresponding percentage of the total outstanding Common Stock of the Issuer is, as of July 24, 2002, as follows:

John M. Eggemeyer III

John M. Eggemeyer beneficially owns 2,195,565 shares of Common Stock which equals approximately 19.2% of the Issuer’s outstanding Common Stock (based on 11,456,831 shares of Common Stock outstanding). Mr. Eggemeyer’s sole beneficial ownership includes 160,279 shares owned directly and 120,200 shares underlying stock options. Mr. Eggemeyer’s shared beneficial ownership of 1,915,086 shares includes 1,893,277 shares beneficially owned as sole stockholder of Eggemeyer Advisory Corp. and 21,809 shares subject to The First Community Directors Deferred Compensation Plan.

Eggemeyer Advisory Corp.

Eggemeyer Advisory Corp., as a controlling member of Castle Creek Capital LLC, beneficially owns 1,893,277 shares of Common Stock which equals approximately 16.5% of the Issuer’s outstanding Common Stock (based on 11,456,831) shares of Common Stock outstanding).

William J. Ruh

William J. Ruh beneficially owns 1,935,897 shares of Common Stock which equals approximately 16.9% of the Issuer’s outstanding Common Stock (based on 11,456,831 shares of Common Stock outstanding), including 42,620 shares directly and 1,893,277 shares as sole stockholder of WJR Corp.

WJR Corp.

WJR Corp., as a controlling member of Castle Creek Capital LLC, beneficially owns 1,893,277 shares of Common Stock which equals approximately 16.5% of the Issuer’s outstanding Common Stock (based on 11,456,831 shares of Common Stock outstanding).

 

10



 

Castle Creek Capital LLC

Castle Creek Capital LLC, as the general partner of Fund I, Fund IIa and Fund IIb, beneficially owns 1,893,277 shares of Common Stock which equals approximately 16.5% of the Issuer’s outstanding Common Stock (based on 11,456,831 shares of Common Stock outstanding).

Castle Creek Capital Partners Fund I, LP

Castle Creek Capital Partners Fund I, LP beneficially owns 645,662 shares of Common Stock which equals approximately 5.6% of the Issuer’s outstanding Common Stock (Based on 11,456,831 shares of Common Stock outstanding).

Castle Creek Capital Partners Fund IIa, LP

Castle Creek Capital Partners Fund IIa, LP beneficially owns 877,120 shares of Common Stock which equals approximately 7.7% of the Issuer’s outstanding Common Stock (Based on 11,456,831 shares of Common Stock outstanding).

Castle Creek Capital Partners Fund IIb, LP

Castle Creek Capital Partners Fund IIb, LP beneficially owns 370,465 shares of Common Stock which equals approximately 3.2% of the Issuer’s outstanding Common Stock (Based on 11,456,831 shares of Common Stock outstanding).

(b) For each person named in response to paragraph (a), indicate the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole or shared power to dispose or to direct the disposition:

 

Reporting Person

 

Sole Voting Power

 

Shared Voting Power

 

Sole Dispositive Power

 

Shared Dispositive Power

 

John M. Eggemeyer

 

280,479

 

1,915,086

 

280,479

 

1,915,086

 

 

 

 

 

 

 

 

 

 

 

Eggemeyer Advisory Corp.

 

0

 

1,893,277

 

0

 

1,893,277

 

 

 

 

 

 

 

 

 

 

 

William J. Ruh

 

42,620

 

1,893,277

 

42,620

 

1,893,277

 

 

 

 

 

 

 

 

 

 

 

WJR Corp.

 

0

 

1,893,277

 

0

 

1,893,277

 

 

 

 

 

 

 

 

 

 

 

Castle Creek Capital, LLC

 

1,893,277

 

0

 

1,893,277

 

0

 

 

 

 

 

 

 

 

 

 

 

Castle Creek Capital Partners Fund I, LP

 

645,662

 

0

 

645,662

 

0

 

 

 

 

 

 

 

 

 

 

 

Castle Creek Capital Partners Fund IIa, LP

 

877,120

 

0

 

877,120

 

0

 

 

 

 

 

 

 

 

 

 

 

Castle Creek Capital Partners Fund IIb, LP

 

370,465

 

0

 

370,465

 

0

 

 

(c) The following is a list of transactions in the shares of Common Stock effected by the Reporting Persons during the past 60 days:

 

11



 

The following purchases of the Issuer’s Common Stock were made pursuant to a registration statement of the Issuer on Form S-3 (Registration Statement Nos. 333-90198 and 333-92278). In connection with a follow-on offering, the Issuer sold additional shares of Common Stock for a price of $24.50 per share.

In the follow-on offering, Fund IIa purchased 139,203 shares and Fund IIb purchased 58,797 shares. The total number of shares allocated to Fund IIa and Fund IIb are as follows:

 

Reporting Person

 

Date

 

Type

 

Number of shares of Common Stock

 

Price per share

 

Castle Creek Capital Partners Fund IIa, LP

 

July 17, 2002

 

Purchase

 

139,203

 

$

24.50

 

 

 

 

 

 

 

 

 

 

 

Castle Creek Capital Partners Fund IIa, LP

 

July 17, 2002

 

Purchase

 

58,797

 

$

24.50

 

 

                (d) Not applicable.

                (e) Not applicable.

 

ITEM 7.

MATERIAL TO BE FILED AS EXHIBITS.

                Exhibit 1     Agreement of Joint Filing

 

 

12



 

SIGNATURES

                After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated:  July 26, 2002

 

 

 

 

 

CASTLE CREEK CAPITAL PARTNERS FUND I, LP

 

By:

Castle Creek Capital, LLC

 

 

General Partner

 

 

 

 

 

By:

/s/ William J. Ruh

 

 

 

William J. Ruh

 

 

 

Executive Vice President

 

 

 

 

 

CASTLE CREEK CAPITAL PARTNERS FUND IIa, LP

 

By:

Castle Creek Capital, LLC

 

 

General Partner

 

 

 

 

 

By:

/s/ William J. Ruh

 

 

 

William J. Ruh

 

 

 

Executive Vice President

 

 

 

 

 

CASTLE CREEK CAPITAL PARTNERS FUND IIb, LP

 

By:

Castle Creek Capital, LLC

 

 

General Partner

 

 

 

 

 

By:

/s/ William J. Ruh

 

 

 

William J. Ruh

 

 

 

Executive Vice President

 

 

 

 

 

CASTLE CREEK CAPITAL, LLC

 

 

 

 

 

 

By:

/s/ William J. Ruh

 

 

 

William J. Ruh

 

 

 

Executive Vice President

 

 

 

 

 

EGGEMEYER ADVISORY CORP.

 

 

 

By:

/s/ John M. Eggemeyer, III

 

 

John M. Eggemeyer, III

 

 

President

 

 

 

 

 

/s/ John M. Eggemeyer, III

 

 

John M. Eggemeyer, III

 

 

 

 

WJR CORP.

 

 

By:

/s/ William J. Ruh

 

 

William J. Ruh

 

 

President

 

 

 

 

 

/s/ William J. Ruh

 

 

William J. Ruh

 

 

 

13