SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 10-QSB

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
     ACT OF 1934 FOR the quarter ended June 30, 2000

Commission File No.  333-93365

                                NORTH BAY BANCORP
                                -----------------
                 (Name of Small Business Issuer in its Charter)

             California                                              68-0434802
             ----------                                              ----------
(State or Jurisdiction of incorporation)    (I.R.S. Employer Identification No.)

                 1500 Soscol Avenue, Napa, California 94559-1314
                 -----------------------------------------------
                (Address of principal office including Zip Code)


Issuer's telephone number, including area code: (707) 257-8585

Securities registered pursuant to Section 12(b) of the Act: NONE

Securities registered pursuant to Section 12(g) of the Act:

                           Common Stock, No Par Value

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Securities  Exchange  Act of 1934  during the  preceding  12
months (or for such shorter period that the registrant was required to file such
reports),  and (2) has been subject to such filing  requirements for the past 90
days.

                   Yes _X_                                  No ___


                      APPLICABLE ONLY TO CORPORATE ISSUERS:

State the number of shares of the North Bay Bancorp's  Common Stock  outstanding
as of August 10, 2000: 1,846,850



<PAGE>


                                     Item 1.
                              Financial Information

FORWARD LOOKING STATEMENTS

In addition to the  historical  information  contained  herein,  this  Quarterly
Report contains certain forward-looking statements. The reader of this Quarterly
Report should understand that all such forward-looking statements are subject to
various  uncertainties and risks that could affect their outcome.  The Company's
actual   results  could  differ   materially   from  those   suggested  by  such
forward-looking  statements.  Factors  that could  cause or  contribute  to such
differences  include,  but are not limited to,  variances  in the actual  versus
projected  growth in assets,  return on assets,  loan  losses,  expenses,  rates
charged on loans and earned on securities  investments,  rates paid on deposits,
competition  effects,  fee and other noninterest  income earned as well as other
factors. This entire Quarterly Report should be read to put such forward-looking
statements  in  context  and  to  gain  a  more  complete  understanding  of the
uncertainties and risks involved in the Company's business.

Moreover,  wherever phrases such as or similar to "In Management's  opinion", or
"Management  considers" are used,  such  statements are as of and based upon the
knowledge  of  Management,  at the time  made and are  subject  to change by the
passage of time and/or  subsequent  events,  and accordingly such statements are
subject  to the same  risks  and  uncertainties  noted  above  with  respect  to
forward-looking statements.

FINANCIAL INFORMATION

The information for the three months and six months ended June 30, 2000 and June
30,  1999,  is  unaudited,  but  in  the  opinion  of  management  reflects  all
adjustments  which are necessary to present  fairly the  financial  condition of
North Bay Bancorp  (Company) at June 30, 2000 and the results of operations  and
cash flows for the three  months and six months then ended.  Results for interim
periods should not be considered as indicative of results for a full year.

                                       2

<PAGE>


<TABLE>
                                                                                               North Bay Bancorp
                                                                                           Consolidated Balance Sheets
                                                                                                  (Unaudited)

<CAPTION>
                                                                                    June 30,            June 30,       December 31,
Assets                                                                                  2000                1999               1999
                                                                                -------------      -------------      -------------
<S>                                                                             <C>                <C>                <C>
Cash and due from banks                                                         $   9,794,000      $  11,488,000      $   8,466,000
Federal funds sold                                                                  6,224,000                  0          1,500,000
Time deposits with other financial institutions                                       100,000            100,000            100,000
                                                                                -------------      -------------      -------------
                   Total cash and cash equivalents                                 16,118,000         11,588,000         10,066,000
Investment securities:
   Held-to-maturity                                                                 1,372,000         14,906,000          1,390,000
   Available-for-sale                                                              50,127,000         46,616,000         55,264,000
Loans, net of allowance for loan losses of $2,068,000 in June, 2000
   $1,872,000 in June, 1999 and $1,987,000 in December, 1999                      138,972,000        108,180,000        120,166,000
Bank premises and equipment, net                                                    4,972,000          2,818,000          2,883,000
Accrued interest receivable and other assets                                        6,896,000          6,366,000          7,337,000
                                                                                -------------      -------------      -------------

                            Total assets                                        $ 218,457,000      $ 190,474,000      $ 197,106,000
                                                                                =============      =============      =============

Liabilities and Shareholders' Equity
Liabilities:

Deposits:
   Non-interest bearing                                                         $  52,304,000      $  41,089,000      $  38,337,000
   Interest bearing                                                               142,028,000        128,269,000        134,043,000
                                                                                -------------      -------------      -------------
                           Total deposits                                         194,332,000        169,358,000        172,380,000

Short term borrowings                                                                 500,000          3,000,000          5,000,000
                                                                                -------------      -------------      -------------

Accrued interest payable and other liabilities                                      1,508,000            911,000          1,636,000
                                                                                -------------      -------------      -------------

                          Total liabilities                                       196,340,000        173,269,000        179,016,000
                                                                                -------------      -------------      -------------

Shareholders' equity:

Preferred stock - no par value:
Authorized, 500,000 shares;
Issued and outstanding - none
Common stock - no par value:
Authorized, 10,000,000 shares;
Issued and outstanding - 1,742,119 shares in June 2000,
   1,510,134 shares in June, 1999, and 1,536,568 in December, 1999                 17,611,000         12,218,000         12,893,000
Retained earnings                                                                   5,600,000          5,465,000          6,368,000
Accumulated other comprehensive loss                                               (1,094,000)          (478,000)        (1,171,000)
                                                                                -------------      -------------      -------------
                     Total shareholders' equity                                    22,117,000         17,205,000         18,090,000

             Total liabilities and shareholders' equity                         $ 218,457,000      $ 190,474,000      $ 197,106,000
                                                                                =============      =============      =============
</TABLE>

The accompanying notes are an integral part of these statements

                                                                 3

<PAGE>


<TABLE>
                                                                                       North Bay Bancorp
                                                                                 Consolidated Income Statements
                                                                                           (Unaudited)

<CAPTION>
                                                                      Three Months Ended                    Six Months Ended
                                                                June 30,           June 30,           June 30,             June 30,
                                                                  2000               1999               2000                1999
                                                              -----------         -----------        -----------         -----------
<S>                                                           <C>                 <C>                <C>                 <C>
Interest Income

   Loans (including fees)                                     $ 3,145,000         $ 2,396,000        $ 5,953,000         $ 4,633,000
   Federal funds sold                                              50,000              31,000            121,000              81,000
   Investment securities - taxable                                660,000             751,000          1,334,000             316,000
                                                              -----------         -----------        -----------         -----------
   Investment securities - tax exempt                             170,000             162,000            340,000           1,545,000
                                                              -----------         -----------        -----------         -----------
Total Interest income                                           4,025,000           3,340,000          7,748,000           6,575,000

Interest Expense                                                1,326,000           1,031,000          2,615,000           2,063,000
                                                              -----------         -----------        -----------         -----------

Net interest income                                             2,699,000           2,309,000          5,133,000           4,512,000

Provision for loan losses                                          90,000              60,000            180,000             120,000
                                                              -----------         -----------        -----------         -----------

Net interest income after provision for loan losses             2,609,000           2,249,000          4,953,000           4,392,000

Non interest income                                               637,000             431,000          1,151,000             815,000

Gains (losses) on securities transactions, net                    (8,000)                  0             (8,000)              5,000

Non interest expenses

   Salaries and employee benefits                               1,039,000             817,000          2,022,000           1,666,000
   Occupancy                                                      140,000              97,000            252,000             189,000
   Equipment                                                      186,000             122,000            348,000             246,000
   Other                                                          567,000             527,000          1,078,000             964,000
                                                              -----------         -----------        -----------         -----------
Total non interest expense                                      1,932,000           1,563,000          3,700,000           3,065,000
                                                              -----------         -----------        -----------         -----------

Income before provision for
   income taxes                                                 1,306,000           1,117,000          2,396,000           2,147,000

Provision for income taxes                                        517,000             426,000            936,000             815,000
                                                              -----------         -----------        -----------         -----------

Net income                                                    $   789,000         $   691,000        $ 1,460,000         $ 1,332,000
                                                              ===========         ===========        ===========         ===========

Basic earnings per common share:                              $      0.48         $      0.44        $      0.89         $      0.84
                                                              ===========         ===========        ===========         ===========
Diluted earnings per common share:                            $      0.47         $      0.43        $      0.87         $      0.82
                                                              ===========         ===========        ===========         ===========
</TABLE>

The accompanying notes are an integral part of these statements

                                                                 4

<PAGE>


<TABLE>
                                                          North Bay Bancorp
                                      Consolidated Statement of Change in Shareholders' Equity
                                                            June 30, 2000
                                                             (Unaudited)

<CAPTION>
                                                                                         Accumulated
                                                                                               Other           Total
                                       Common Shares          Common        Retained   Comprehensive   Shareholders'   Comprehensive
                                         Outstanding           Stock        Earnings            Loss          Equity          Income
                                       ---------------------------------------------------------------------------------------------
<S>                                        <C>          <C>             <C>             <C>             <C>             <C>
BALANCE, DECEMBER 31, 1999                 1,536,568    $ 12,893,000    $  6,368,000    $ (1,171,000)   $ 18,090,000

Stock dividend                                76,509       1,913,000      (1,921,000)                         (8,000)
Cash dividend                                                               (307,000)                       (307,000)
Comprehensive income:
    Net income                                                             1,460,000                       1,460,000    $  1,460,000
    Other comprehensive income,
      net of tax:
       Change in net unrealized
         loss on available-for-sale
         securities, net of tax                                                                                               77,000
                                                                                                                        ------------
    Total other comprehensive income                                                          77,000          77,000          77,000
                                                                                                                        ------------
Comprehensive income                                                                                                    $  1,537,000
                                                                                                                        ============
Issuance of common stock                     126,709       2,787,000                                       2,787,000
                                         -----------    ------------
Stock options exercised                        2,333          18,000                                          18,000
                                         -----------    ------------                                    ------------
BALANCE, JUNE 30, 2000                     1,742,119    $ 17,611,000    $  5,600,000    $ (1,094,000)   $ 22,117,000
                                         ===========    ============    ============    ============    ============
</TABLE>

The accompanying notes are an integral part of these statements

                                                                 5

<PAGE>


<TABLE>
                                                          North Bay Bancorp
                                                Consolidated Statement of Cash Flows
                                                             (Unaudited)

                                                             (In 000's)

<CAPTION>
                                                                                                      Six months Ended June 30,
                                                                                                     2000                    1999
                                                                                                   --------                --------
<S>                                                                                                <C>                     <C>
Cash Flows From Operating Activities:

Net income                                                                                         $  1,460                $  1,332
Adjustment to reconcile net income to net cash
   provided by operating activities:
  Depreciation and amortization                                                                         215                     171
  Provision for loan losses                                                                             180                     120
  Amortization of deferred loan fees                                                                   (133)                   (133)
  Premium amortization (discount accretion), net                                                         15                      (6)
  Net loss (gain) on sale of investment securities                                                        8                      (5)
  Net loss (gain) on sale of assets                                                                       8                     (15)
  Changes in:
    Interest receivable and other assets                                                                388                     411
    Interest payable and other liabilities                                                             (128)                   (297)
                                                                                                   --------                --------
     Total adjustments                                                                                  553                     246
                                                                                                   --------                --------
   Net cash provided by operating activities                                                          2,013                   1,578
                                                                                                   --------                --------

Cash Flows From Investing Activities:
Investment securities held-to-maturity:
  Proceeds from maturities and principal payments                                                        18                       0
  Purchases                                                                                               0                  (1,400)
Investment securities available-for-sale:
  Proceeds from maturities and principal payments                                                     6,213                   6,623
  Proceeds from sales                                                                                 5,151                   1,005
  Purchases                                                                                          (6,119)                 (7,199)
Net increase in loans                                                                               (18,853)                (13,392)
Sale of capital assets                                                                                    0                      21
Capital expenditures                                                                                 (2,313)                   (261)
                                                                                                   --------                --------
   Net cash used in investing activities                                                            (15,903)                (14,603)
                                                                                                   --------                --------

Cash Flows From Financing Activities:

Net increase in deposits                                                                             21,952                   7,185
Decrease (increase)  in short-term borrowings                                                        (4,500)                  3,000
Stock issued                                                                                          2,787                       0
Stock options exercised                                                                                  18                     123
Dividends paid                                                                                         (315)                   (297)
                                                                                                   --------                --------
   Net cash provided by financing activities                                                         19,942                  10,011
                                                                                                   --------                --------
Net increase (decrease) in cash and cash equivalents                                                  6,052                  (3,014)
Cash and cash equivalents at beginning of year                                                       10,066                  14,702
                                                                                                   --------                --------
Cash and cash equivalents at end of period                                                         $ 16,118                $ 11,588
                                                                                                   ========                ========
Supplemental Disclosures of Cash Flow Information:
  Interest paid                                                                                    $  2,538                $  2,211
  Income taxes paid                                                                                $    892                $    310
</TABLE>

The accompanying notes are an integral part of these statements

                                                                 6

<PAGE>


                                NORTH BAY BANCORP
                 Notes to the Consolidated Financial Statements
                                   (Unaudited)
                                  June 30, 2000

NOTE 1 - Basis of Presentation

The accompanying  consolidated financial statements,  which include the accounts
of North Bay Bancorp and its  subsidiary  (the  "Company"),  have been  prepared
pursuant to the rules and regulations of the Securities and Exchange  Commission
(SEC) and in Management's opinion,  include all adjustments  (consisting only of
normal recurring  adjustments)  necessary for a fair presentation of results for
such interim  periods.  All significant  intercompany  transactions and balances
have been eliminated. Certain information and note disclosures normally included
in annual financial  statements  prepared in accordance with generally  accepted
accounting  principles  have been omitted  pursuant to SEC rules or regulations;
however, the Company believes that the disclosures made are adequate to make the
information  presented not  misleading.  The interim  results for the six months
ended June 30, 2000 and 1999, are not necessarily  indicative of results for the
full  year.  It  is  suggested  that  these  financial  statements  be  read  in
conjunction  with  the  financial  statements  and  the  notes  included  in the
Company's Annual Report for the year ended December 31, 1999.

NOTE 2 - Commitments

The  Company  has  outstanding   standby  Letters  of  Credit  of  approximately
$1,499,000,  undisbursed  real estate and  construction  loans of  approximately
$31,773,000,  and  undisbursed  commercial  and  consumer  lines  of  credit  of
approximately $14,587,000, as of June 30, 2000.

NOTE 3 - Earnings Per Common Share

The  Company  declared  5% stock  dividends  on January 28, 1999 and January 18,
2000. As a result of the stock dividends the number of common shares outstanding
and  earnings  per  share  data  was  adjusted  retroactively  for  all  periods
presented.

<TABLE>
The following  table  reconciles the numerator and  denominator of the Basic and
Diluted earnings per share computations:

<CAPTION>
                                                            Weighted Average        Per-Share
                                     Net Income             Shares                  Amount
                                     ----------             ------                  ------
                                           For the three months ended June 30, 2000
                                           ----------------------------------------
<S>                                  <C>                    <C>                     <C>
  Basic earnings per share           $789,000               1,657,182               $.48
  Stock options                                                31,305
  Diluted earnings per share                                1,688,487               $.47

                                           For the three months ended June 30, 1999
                                           ----------------------------------------
  Basic earnings per share           $691,000               1,588,469               $.44
  Stock options                                                36,586
  Diluted earnings per share                                1,625,055               $.43

                                                            Weighted Average        Per-Share
                                     Net Income             Shares                  Amount
                                     ----------             ------                  ------
                                           For the six months ended June 30, 2000
                                           --------------------------------------
  Basic earnings per share           $1,460,000             1,635,363               $.89
  Stock options                                                33,580
  Diluted earnings per share                                1,668,943               $.87

                                           For the six months ended June 30, 1999
                                           --------------------------------------
  Basic earnings per share           $1,332,000             1,587,068               $.84
  Stock options                                                42,851
  Diluted earnings per share                                1,629,919               $.82
</TABLE>

                                                         7

<PAGE>


NOTE 4 - Comprehensive Income

As of January 1, 1998,  North Bay Bancorp  adopted  FASB  Statement of Financial
Accounting Standards No. 130, "Reporting Comprehensive Income", (SFAS 130). This
Statement  established  standards for the reporting and display of comprehensive
income  and  its  components  in the  financial  statements.  For  the  Company,
comprehensive income includes net income reported on the statement of income and
changes in the fair value of its  available-for-sale  investments  reported as a
component of  shareholders'  equity.  The  following  table  presents net income
adjusted by the change in unrealized  gains or losses on the  available-for-sale
investments as a component of comprehensive income (in thousands).

                                             Three Months Ended June 30,
                                                           2000          1999
                                                         --------      --------
Net Income                                               $    789      $    691
Net change in unrealized losses on
available-for-sale investments, net of tax                    167          (571)
                                                         --------      --------
Comprehensive Income                                     $    956      $    120
                                                         ========      ========

                                                 Six Months Ended June 30,
                                                           2000          1999
                                                         --------      --------
Net Income                                               $  1,460      $  1,332
Net change in unrealized losses on
available-for-sale investments, net of tax                     77          (863)
                                                         --------      --------
Comprehensive Income                                     $  1,537      $    469
                                                         ========      ========


NOTE 5 - Segment Reporting

Effective January 1, 1998, the Company adopted Statement of Financial Accounting
Standards No. 131,  "Disclosures  About  Segments of an  Enterprise  and Related
Information," (SFAS 131). This Statement establishes standards for the reporting
and display of information about operating segments and related disclosures. The
Company's  operating  segments  consist  of its  traditional  community  banking
activities  provided  through its three branches and  activities  related to the
Holding Company.  Community banking activities include the Bank's commercial and
retail  lending,  deposit  gathering and  investment  and  liquidity  management
activities. The Company has aggregated the results of the branches into a single
reportable segment, and the Holding Company activities reported as "Other".

<TABLE>
The components of the Company's  business segments for the six months ended June
30, 2000 were as follows:

<CAPTION>
                                                                                 (In 000's)

                                                       Community                         Intersegment
                                                         Banking             Other        Adjustments       Consolidated
                                                       ---------          --------       ------------       ------------
<S>                                                     <C>               <C>                <C>                <C>
Interest Income                                         $  7,748          $      0           $      0           $  7,748
Interest Expense                                           2,599                16                  0              2,615
                                                        --------          --------           --------           --------
   Net Interest Income                                     5,149               (16)                 0              5,133

Provision for loan losses                                    180                 0                  0                180
Noninterest Income                                         1,226             1,078             (1,161)             1,143
Noninterest Expense                                        3,193             1,668             (1,161)             3,700
                                                        --------          --------           --------           --------
Income (Loss)  Before Tax                                  3,002              (606)                 0              2,396
Provision for
   Income Taxes                                            1,188              (252)                 0                936
                                                        --------          --------           --------           --------
Net Income (Loss)                                       $  1,814          $   (354)          $      0           $  1,460
                                                        --------          --------           --------           --------

Assets                                                  $215,940          $ 22,853           $(20,336)          $218,457
Loans, Net                                               138,972                 0                  0            138,972
Deposits                                                 196,730                 0             (2,398)           194,332
Equity                                                    17,938            22,117            (17,938)            22,117
</TABLE>


NOTE 6- Stock Offering

On June 30, 2000, the Company  successfully closed its $5 million stock offering
of up to 227,273  shares of its common stock at a price of $22.00 per share (the
"Stock  Offering").  The Stock  Offering was over  subscribed  by  approximately
$240,000. As of June 12, 2000 subscriptions for $2,787,000 were accepted.  After
allocating  the  remaining  subscriptions  to eliminate  the over  subscription,
subscriptions  for the remaining  $2,213,000  were accepted as of July 19, 2000.
Total proceeds to the Company,  net of offering expenses,  were $4,867,000.  See
Part II. "Item 2. Use of Proceeds" of this Quarterly Report.

                                     Item 2.

           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                           AND RESULTS OF OPERATIONS

                                       8

<PAGE>


FORWARD LOOKING STATEMENTS

In addition to the  historical  information  contained  herein,  this  Quarterly
Report contains certain forward-looking statements. The reader of this Quarterly
Report should understand that all such forward-looking statements are subject to
various  uncertainties and risks that could affect their outcome.  The Company's
actual   results  could  differ   materially   from  those   suggested  by  such
forward-looking  statements.  Factors  that could  cause or  contribute  to such
differences  include,  but are not limited to,  variances  in the actual  versus
projected  growth in assets,  return on assets,  loan  losses,  expenses,  rates
charged on loans and earned on securities  investments,  rates paid on deposits,
competition  effects,  fee and other noninterest  income earned as well as other
factors. This entire Quarterly Report should be read to put such forward-looking
statements  in  context  and  to  gain  a  more  complete  understanding  of the
uncertainties and risks involved in the Company's business.

Moreover,  wherever  phrases  such as or similar to "In  Management's  opinion",
"Management  considers" are used,  such  statements are as of and based upon the
knowledge  of  Management,  at the time  made and are  subject  to change by the
passage of time and/or  subsequent  events,  and accordingly such statements are
subject  to the same  risks  and  uncertainties  noted  above  with  respect  to
forward-looking statements.

OVERVIEW

Net income was  $789,000 or $.47 per diluted  share for the three  months  ended
June 30, 2000,  compared  with  $691,000 or $.43 per diluted share for the three
months ended June 30, 1999,  an increase of 14%.  Net income was  $1,460,000  or
$.87 per diluted  share for the six months  ended June 30, 2000,  compared  with
$1,332,000  or $.82 per diluted share for the six months ended June 30, 1999, an
increase of 10%. Total assets were $218,457,000 as of June 30, 2000; equating to
a  15%  growth  in  assets  during  the  twelve  months  ended  June  30,  2000.
Shareholders'  equity as of June 30, 2000 was  increased  by  $2,787,000  as the
result of the  acceptance of  subscriptions  for 126,709 shares of the Company's
common stock pursuant to the Stock  Offering.  Subscriptions  for the additional
100,546 shares, or $2,213,000,  were accepted in the third quarter. See Footnote
6 to the Financial Statements included in Part I of this Quarterly Report.

SUMMARY OF EARNINGS

NET INTEREST INCOME

Net interest  income  represents the amount by which interest  earned on earning
assets  (primarily loans and investments)  exceed the amount of interest paid on
deposits. Net interest income is a function of volume,  interest rates and level
of non-accrual loans.

Net interest income before the provision for loan losses on a taxable-equivalent
basis for the three months ended June 30, 2000 and June 30, 1999 was  $2,744,000
and  $2,356,000,  respectively.  These  results  equate to a 16% increase in net
interest income for the second quarter of 2000 compared to the second quarter of
1999.  Loan fee income,  which is included  in interest  income from loans,  was
$179,000 for the three months ended June 30, 2000,  compared  with  $190,000 for
the three months ended June 30, 1999.  Net interest  income before the provision
for loan losses on a taxable-equivalent  basis for the six months ended June 30,
2000 and June  30,  1999 was  $5,223,000  and  $4,609,000,  respectively.  These
results equate to a 13% increase in net interest income for the first six months
of 2000 compared to the same period in 1999. Loan fee income,  which is included
in interest  income from loans,  was  $313,000 for the six months ended June 30,
2000,  compared with $379,000 for the six months ended June 30, 1999.The average
balance of earning assets increased  $22,125,000 or 13% during the twelve months
ended June 30, 2000.  Taxable-equivalent interest income increased $1,166,000 or
17% in the  first  six  months of 2000  compared  with the same  period of 1999.
Increase  in the volume of  earning  assets  accounted  for  $1,080,000  of this
increase,  with an increase of $86,000 attributable to higher rates. The average
balance of interest-bearing  liabilities increased $18,158,000 or 14% during the
first six month of 2000 compared with the same period in 1999.  Interest paid on
interest-bearing  liabilities  increased  $552,000 in 2000  compared  with 1999.
Increase in the volume of deposits and other  borrowings  accounted for $379,000
of this  increase,  while a $173,000  increase was  attributed to an increase in
rates.  Management  does not  expect a  material  change  in the  Company's  net
interest margin during the next twelve months as the result of a modest increase
or decrease in general interest rates.

                                       9

<PAGE>


<TABLE>
The following  table  provides a summary of the  components of interest  income,
interest  expense and net interest margin for the six months ended June 30, 2000
and June 30, 1999:

<CAPTION>
                                                                                      In 000's

                                                                 2000                                         1999
                                                                 ----                                         ----
                                               Average          Income/         Average      Average         Income/        Average
                                               Balance          Expense        Yield/Rate    Balance         Expense      Yield/Rate
                                              --------------------------------------------------------------------------------------
<S>                                           <C>              <C>                 <C>      <C>             <C>                <C>
 Loans (1) (2)                                $ 132,652        $   5,953           8.98%    $ 103,545       $   4,633          8.95%
 Investment securities:
   Taxable                                       40,050            1,331           6.65%       48,302           1,532          6.34%
   Non-taxable (3)                               14,061              430           6.12%       13,975             422          6.04%
                                              ---------        ---------                    ---------       ---------

TOTAL LOANS AND INVESTMENT
SECURITIES                                      186,763            7,714           8.26%      165,822           6,587          7.94%

 Due from banks, time                               100                3           6.00%          150               4          5.33%
 Federal funds sold                               3,939              121           6.14%        2,705              81          5.99%
                                              ---------        ---------                    ---------       ---------

TOTAL EARNING ASSETS                            190,802        $   7,838           8.22%      168,677       $   6,672          7.91%
                                              ---------        ---------                    ---------       ---------

 Cash and due from banks                          9,659                                         9,612
 Allowance for loan losses                       (1,988)                                       (1,823)
 Premises and equipment, net                      3,790                                         2,800
 Accrued interest receivable
   and other assets                               6,802                                         5,669
                                              ---------                                     ---------

TOTAL ASSETS                                  $ 209,065                                     $ 184,935
                                              =========                                     =========

LIABILITIES AND SHAREHOLDERS'
EQUITY

 Deposits:
   Interest bearing demand                    $  61,595        $     696           2.26%    $  57,053       $     657          2.30%
   Savings                                       15,829              149           1.88%       15,414             141          1.83%
   Time                                          64,491            1,665           5.16%       51,487           1,212          4.71%
                                              ---------        ---------                    ---------       ---------
                                                141,915            2,510           3.54%      123,954           2,010          3.24%

   Short-term borrowings                          2,764              105           7.60%        2,567              53          4.13%

TOTAL INTEREST BEARING
 LIABILITIES                                    144,679        $   2,615           3.61%      126,521       $   2,063          3.26%
                                              ---------        ---------                    ---------       ---------

 Noninterest bearing DDA                         43,656                                        40,187
 Accrued interest payable
   and other liabilities                          1,425                                         1,091
 Shareholders' equity                            19,305                                        17,136
                                              ---------                                     ---------

TOTAL LIABILITIES AND
 SHAREHOLDERS' EQUITY                         $ 209,065                                     $ 184,935
                                              =========                                     =========

NET INTEREST INCOME                                            $   5,223                                    $   4,609
                                                               =========                                    =========

NET INTEREST INCOME TO
 AVERAGE EARNING ASSETS
(Net Interest Margin (4))                                           5.47%                                        5.46%


<FN>
(1) Average loans include nonaccrual loans

(2) Loan  interest  income  includes loan fee income of $313 in 2000 and $379 in
1999

(3) Average yields shown are  taxable-equivalent.  On a non- taxable basis, 2000
interest  income was $340 with an average  yield of 4.84%;  in 1999  non-taxable
income was $325 and the average yield was 4.65%.

(4) Net interest  margin is  calculated  by dividing net interest  income by the
average balance of total earning assets for the applicable period
</FN>
</TABLE>

                                       10

<PAGE>


The following  table sets forth a summary of the changes in interest  income and
interest  expense  for the six  months  ended June 30,  2000 over June 30,  1999
resulting from changes in assets and liabilities  volumes and rates.  The change
in interest due to both rate and volume has been  allocated in proportion to the
relationship of absolute dollar amounts of change in each

                                                              In 000's

                                                             2000 Over 1999
                                                      Volume        Rate   Total
                                                --------------------------------
Increase (Decrease) In
 Interest and Fee Income

   Time Deposits With Other

    Financial Institutions                              $(1)          $0    $(1)

   Investment Securities:
     Taxable                                           (262)          61   (201)
     Non-Taxable (1)                                       3           5       8
   Federal Funds Sold                                     37           3      40
   Loans                                               1,303          17   1,320
                                                --------------------------------
   Total Interest and Fee Income                       1,080          86   1,166
                                                --------------------------------


Increase (Decrease) In
 Interest Expense

   Deposits:
     Interest Bearing

     Transaction Accounts                                 51        (12)      39
     Savings                                               4           4       8
     Time Deposits                                       320         133     453
                                                --------------------------------
   Total Deposits                                        375         125     500

   Short-term Borrowings                                   4          48      52
                                                --------------------------------
   Total Interest Expense                                379         173     552
                                                --------------------------------
   Net Interest Income                                  $701       $(87)    $614
                                                ================================

(1) The interest earned is taxable-equivalent.


PROVISION AND ALLOWANCE FOR LOAN LOSSES

The  Company  maintains  an  allowance  for loan  losses  at a level  considered
adequate to provide for losses that can be reasonably anticipated. The allowance
is  increased by the  provision  for loan losses and reduced by net charge offs.
The  allowance for loan losses is based on  estimates,  and ultimate  losses may
vary from current  estimates.  These estimates are reviewed  periodically and as
adjustments  become  necessary  they are  reported in earnings in the periods in
which they become known.  The Company makes credit reviews of the loan portfolio
and considers current economic  conditions,  historical loan loss experience and
other  factors in  determining  the  adequacy  of the  allowance  balance.  This
evaluation  establishes  a  specific  allowance  for all  classified  loans over
$50,000 and establishes  percentage allowance  requirements for all other loans,
according to the  classification as determined by the Company's internal grading
system.  As of June  30,  2000  the  allowance  for loan  losses  of  $2,068,000
represented  1.46% of loans  outstanding.  As of June 30,  1999,  the  allowance
represented  1.70% of loans  outstanding.  During the six months  ended June 30,
2000, $180,000 was charged to expense for the loan loss provision, compared with
$120,000 for the same period in 1999. Net charge-offs for all loans was $99,000,
or 0.1% of total  loans as of June 30,  2000,  for the first six  months of 2000
compared with no net charge-off in the year earlier period.

                                       11

<PAGE>


<TABLE>
The following table summarizes changes in the allowance for loan losses:

<CAPTION>
                                                     In 000's

                                                                     June 30, 2000             June 30, 1999
<S>                                                                         <C>                       <C>
Balance, beginning of year                                                  $1,987                    $1,752
Provision for loan losses                                                      180                       120
Loans charged off                                                              102                         2
Recoveries of loans previously charged off                                       3                         2
                                                                            ------                    ------
Balance, end of period                                                      $2,068                    $1,872
                                                                            ======                    ======

Allowance  for loan  losses  to  total  outstanding loans                    1.46%                     1.70%
</TABLE>

There were no loans on non-accrual at June 30, 2000 or June 30, 1999.

NON-INTEREST INCOME

Non-interest  income was  $637,000  for the three  months  ended  June 30,  2000
compared with $431,000 for the same period in 1999, a 48% increase. Non-interest
income was  $1,151,000  for the six months  ended June 30,  2000  compared  with
$815,000 for the same period in 1999,  a 41%  increase.  The Company  realized a
one-time  increase in non-interest  income of $142,000 during the second quarter
of 2000, as a result of the demutualization of an insurance company in which the
Company  holds  policies.   Other  increases  in  non-interest  income  resulted
primarily  from an  increase  in the  number of  deposit  accounts,  transaction
volumes and directly related service charges.

GAIN (LOSSES) ON SECURITIES

Net losses of $8,000 for the three and six months  ended June 30, 2000  resulted
from the sale of several available-for-sale  securities. Gains of $5,000 for the
six  months   ended   June  30,   1999   resulted   from  the  sale  of  several
available-for-sale securities.

NON-INTEREST EXPENSE

Non-interest  expense for the three months ended June 30, 2000 and June 30, 1999
was  $1,932,000  and  $1,563,000,  respectively,  a 24%  increase.  Non-interest
expense for the six months ended June 30, 2000 and June 30, 1999 was  $3,700,000
and  $3,065,000,  respectively,  a 21%  increase.  The 21%  increase in 2000 was
primarily  in salaries  and  employee  benefit  expenses.  Salaries and employee
benefits  expense  for the  three  months  ended  June 30,  2000  and 1999  were
$1,039,000  and $817,000,  respectively,  a 27% increase.  Salaries and employee
benefits expense for the six months ended June 30, 2000 and 1999 were $2,022,000
and $1,666,000, respectively, a 21% increase. The increase in 2000 resulted from
increased  salaries paid to Company  officers and employees,  and an increase of
approximately  twenty  full-time  equivalent  employees during the twelve months
ended June 30, 2000. The increase in employees is primarily due to growth of the
Company  and  opening of Solano  Bank in mid July,  2000.  At June 30,  2000 the
full-time  employee  equivalent  of the company was 96.  Other  expenses for the
three months ended June 30, 2000 and June 30, 1999 were  $567,000 and  $527,000,
respectively,  an 8% increase.  Other expenses for the six months ended June 30,
2000 and  June 30,  1999  were  $1,078,000  and  $964,000,  respectively,  a 12%
increase.  The increase from last year is primarily due to costs associated with
training  staff for a new core  banking  system,  and costs  associated  with an
increased advertising campaign.

INCOME TAXES

The Company  reported a provision for income tax for the three months ended June
30, 2000 and 1999 of $517,000 and $426,000, respectively. The Company reported a
provision  for  income tax for the six  months  ended June 30,  2000 and 1999 of
$936,000 and $815,000,  respectively.  Both the 2000 and 1999 provisions reflect
tax accruals at maximum rates for both federal and state income taxes,  adjusted
for the effect of the Company's investments in tax-exempt municipal securities.

BALANCE SHEET

Total assets as of June 30, 2000 were $218,457,000 compared with $190,474,000 as
of June 30,  1999,  and  $197,106,000  at December  31,  1999  equating to a 15%
increase  during the twelve  months and an 11%  increase for the six month ended
June 30, 2000.  Total  deposits as of June 30, 2000 were  $194,332,000  compared
with  $169,358,000  as of June 30, 1999, and  $172,380,000  at December 31, 1999
representing a 15% increase  during the twelve months and a 13% increase for the
six months  ended June 30,  2000.  Loans  outstanding  as of June 30,  2000 were
$141,040,000 compared with $110,052,000 as of June 30, 1999, and $122,153,000 at
December 31, 1999 equating to a 28% increase  during the twelve months and a 15%
increase for the three months ended June 30, 2000,

BORROWINGS

Short-term borrowings were $500,000 at June 30, 2000 compared with $3,000,000 at
June 30, 1999 and $5,000,000 at December 31, 1999. Short-term borrowings consist
primarily of federal funds purchased and borrowings from Federal Home Loan Bank.
The Company has used  short-term  borrowings  to assist in funding its increased
loan  demand.  Going  forward,  continued  reliance on  short-term  funds may be
required if loan demand  continues to outpace  deposit  growth,  and,  therefore
short-term borrowings are expected to vary from time to time.

LIQUIDITY AND CAPITAL ADEQUACY

The  Company's  liquidity  is  determined  by the level of assets (such as cash,
Federal  Funds,  and  investment  in  marketable  securities)  that are  readily
convertible  to cash to meet customer  withdrawals  and  borrowings.  Management
reviews the Company's liquidity position on a regular basis to ensure that it is
adequate to meet  projected  loan funding and potential  withdrawal of deposits.
The

                                       12

<PAGE>


Company has a  comprehensive  Asset/Liability  Management and Liquidity  Policy,
which it uses to determine adequate liquidity. As of June 30, 2000 liquid assets
were  30% of total  assets,  compared  with  31% as of June 30,  1999 and 33% at
December 31, 1999.

The Federal Deposit Insurance  Corporation  Improvement Act (FDICA)  established
ratios used to determine  whether a Company is "Well  Capitalized,"  "Adequately
Capitalized,"    "Undercapitalized,"    "Significantly   Undercapitalized,"   or
"Critically Undercapitalized." A Well Capitalized Company has risk-based capital
of at least  10%,  tier 1  risked-based  capital  of at least 6%, and a leverage
ratio of at least 5%. As of June 30,  2000,  the  Company's  risk-based  capital
ratio was 14.95%.  The  Company's  tier 1 risk-based  capital ratio and leverage
ratio were 13.72% and 11.02%, respectively.

<TABLE>
As the following table  indicates,  the The Vintage Bank (the "Bank")  currently
exceeds the  regulatory  capital  minimum  requirements.  The Bank is considered
"Well Capitalized" according to regulatory guidelines.

<CAPTION>
                                                                                    To Be Well Capitalized
                                                             For Capital           Under Prompt Corrective
                                      Actual              Adequacy Purposes            Action Provisions
                                      ------              -----------------            -----------------

                                                               (In 000's)
                               Amount        Ratio       Amount        Ratio         Amount           Ratio
                               ------        -----       ------        -----         ------           -----
<S>                           <C>           <C>         <C>            <C>          <C>              <C>
As of June 30, 2000:
Total Capital (to Risk
   Weighted Assets)
      Consolidated            $25,279       14.95%      $13,531       >8.00%        $16,913         >10.00%
                                                                      -                             -
      The Vintage Bank         21,075       12.90%       13,069       >8.00%         16,336         >10.00%
                                                                      -                             -
Tier I Capital (to Risk
   Weighted Assets)
      Consolidated             23,322       13.72%        6,765       >4.00%         10,148          >6.00%
                                                                      -                              -
      The Vintage Bank         19,032       11.65%        6,535       >4.00%          9,803          >6.00%
                                                                      -                              -
Tier I Capital (to
   Average Assets)
      Consolidated             23,211       11.02%        8,421       >4.00%         10,527          >5.00%
                                                                      -
      The Vintage Bank         19,032        9.04%        8,421       >4.00%         10,527          >5.00%
                                                                      -                              -
</TABLE>


YEAR 2000 DATA PROCESSING ISSUES

The Company  previously  recognized the material  nature of the business  issues
surrounding computer processing of dates into and beyond the Year 2000 and began
taking  corrective  action as required  pursuant to the  interagency  statements
issued by the Federal Financial Institutions Examination Council.

The Company's Year 2000 readiness costs were approximately  $75,000. The Company
does not  currently  expect to expend any  further  funds to  address  Year 2000
issues.

As of August 9, 2000, the Company has not experienced  any material  disruptions
of  its  internal  computer  systems  or  software   applications  and  has  not
experienced any problems with the computer  systems or software  applications of
its third party  vendors,  suppliers  or service  providers.  The  Company  will
continue to monitor these third parties to determine the impact,  if any, on its
business and the actions it must take, if any, in the event of non-compliance by
any of these third parties. Based upon the Company's assessment of compliance by
third parties,  there appears to be no material  business risk posed by any such
non-compliance.

Although the Company's Year 2000 rollover did not present any material  business
disruption,  there may be some  remaining  Year 2000 related  risks.  Management
believes that  appropriate  actions have been taken to address  these  remaining
Year 2000 issues and  contingency  plans are in place to minimize the  financial
impact to the  Company.  Management,  however,  cannot be certain that Year 2000
issues affecting its customers,  suppliers or service  providers will not have a
material adverse impact on the Company.


                           PART II - OTHER INFORMATION

OTHER INFORMATION

ITEM 1.   LEGAL PROCEEDINGS

Other  than  ordinary  routine  litigation  incidental  to the  business  of the
Company, there were no material pending legal proceedings.

ITEM 2.   USE OF PROCEEDS

Use of Proceeds of Public Offering

                                       13

<PAGE>


On December 22, 1999, North Bay filed Registration  Statement No. 333-93365 with
the United States Securities and Exchange  Commission with respect to a proposed
public  offering of North Bay common  stock for an  aggregate  consideration  of
$5,000,000.  The  registration  statement was declared  effective on February 9,
2000,  and North Bay commenced an offering of up to 200,000 shares of its common
stock,  no par  value,  at a  price  of  $25.00  per  share.  The  offering  was
subsequently  amended to increase the number of shared offered to 227,273 and to
decrease the offering price to $22.00 per share.  All  securities  were sold for
the  account  of the  issuer  and  there  are no  underwriters  involved  in the
offering. The offering was closed as of June 30,2000.

As of May 31, 2000 subscriptions for $2,787,000 were accepted.  After allocating
the  remaining  subscriptions  to  eliminate an over  subscription  of $240,000,
subscriptions for the remaining $2,213,000 were accepted as of July 17, 2000. As
of June 30, 2000, the proceeds of the Stock  Offering,  the purpose of which was
to invest in Solano Bank,  had not been  utilized.  The following  expenses were
incurred by the Company in connection with the issuance and  distribution of the
securities registered:

Underwriting Discounts and Commissions:           $0
Finders Fees:                                     $0
Expenses Paid to Underwrites:                     $0
Other Expenses:                             $132,561
Total Expenses:                             $132,561

All  expenses  were paid to  persons  other  than  directors,  officers,  or 10%
shareholders of North Bay.

ITEM 4.  SUBMISSION OF MATTERS OF A VOTE OF SECURITY HOLDERS

         (a) The First  Annual  Meeting of the  shareholders  of the Company was
         held on May 9, 2000.

         (b) Proxies for the meeting were  solicited  pursuant to Regulation 14A
         under  the  Act,   there  were  no   solicitations   in  opposition  to
         management's nominees as listed in the proxy statement, and all of such
         nominees were elected.


         (c) In addition to the election of directors and aside from  procedural
         matters  relating  to  the  selection  or  approval  of  auditors,  the
         following matters were voted upon at the annual shareholders' meeting:


                 (i) A proposal to amend the  Company's  Stock  Option Plan (the
         "Plan") to increase the number of shares available for grant by 150,000
         to 370,274. The affirmative vote of a majority of the shares voting and
         a majority of disinterested shares voting was required for approval. At
         the First Annual  Meeting,  the proposal to amend the Plan was approved
         with  1,006,063  affirmative  votes  (all of which  were  disinterested
         shares), 8,575 negative votes, and 6,552 abstaining votes.


         (d) There was no  settlement  between the Company and any other  person
         terminating any solicitation subject to Rule 14a-11.

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

         (a) An index of exhibits begins on page 16.

         (b) On May 25, 2000,  the Company  filed a Current  Report on Form 8-K,
         reporting, under Item. 5 "Other Matters":

(i)      modifications  to the Company's  stock offering  lowering the per share
         offering price to $22 per share from $25 per share and, to maintain the
         $5,000,000  aggregate  offering price,  increasing the number of shares
         being  offered  from  200,000 to 227,273.  The  additional  shares were
         registered  on  Registration   Statement  No.  333-35848  which  became
         effective on filing on April 28, 2000;

(ii)     receipt  of  preliminary  approval  to  organize  Solano  Bank from the
         California   Department  of  Financial   Institutions  and  preliminary
         approval  from the  Federal  Deposit  Insurance  Corporation  of Solano
         Bank's application for federal deposit insurance; and

(iii)    the issuance a press release  announcing the Company's earnings for the
         quarter ended March 31, 2000.

No financial statements were filed with the Current Report on Form 8-K.

                                       14

<PAGE>


Pursuant to the  requirements  of the  Securities  and Exchange Act of 1934, the
Company has duly caused this quarterly  report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                            NORTH BAY BANCORP
                                            A California Corporation

Date: August 11, 2000                       BY: /s/ Terry L. Robinson
                                                --------------------------------
                                                Terry L. Robinson
                                                President & CEO
                                                (Principal Executive Officer)


Date: August 11, 2000                       BY: /s/ Lee-Ann Almeida
                                                --------------------------------
                                                Lee-Ann Almeida
                                                Sr. Vice President & CFO
                                                (Principal Financial Officer)

                                       15

<PAGE>


                                  EXHIBIT INDEX

Exhibit 11       Statement  re:  computation  of per share data is  included  in
                 Footnote 3 to the unaudited  consolidated  financial statements
                 of Registrant

Exhibit 27       Financial Data Schedule

                                       16

<PAGE>


                                   EXHIBIT 27

                             Financial Data Schedule

                                       17