EXHIBIT 10.63

                                         EXECUTIVE SALARY CONTINUATION AGREEMENT

     This Executive Salary Continuation Agreement (the "Agreement") is made this
31st day of March, 1995 between Sierra Tahoe Bancorp (hereinafter the "Bancorp")
a California corporation and Martin R.
Sorensen (hereinafter the "Executive").
                                                        RECITALS:
     WHEREAS, Bancorp deems Executive's future counsel and advice to be valuable
to it by virtue of Executive's  experience as an executive  officer of Bancorp's
subsidiary Truckee River Bank, the tenure of Executive's employment with Truckee
River  Bank and  Bancorp  and  further  by  virtue of  Executive's  acknowledged
reputation in the banking field; and
     WHEREAS,  Bancorp  deems it to be in its  best  interest  to  enter  into a
contract  wherein it engages  Executive  to act as a  consultant  and advisor to
Bancorp after Executive's  retirement and/or termination of full time employment
as hereafter specified.
     NEW, THEREFORE, Bancorp and Executive agree as follows:
                                                       AGREEMENTS:
     1. This Agreement is a distinct and separate  agreement from any employment
agreement  entered into  between the parties,  and shall not in any way vary the
terms of that agreement, if it exists, except as specifically provided herein.
     2. If Executive  continues  in the  employment  of Bancorp  until he or she
attains the age of  sixty-five  (65) years or in the  alternative  leaves  after
completing  five years of continuous  service from the date of May 2, 1994, then
Executive shall be eligible for  compensation as hereafter set forth in Schedule
A in consideration for his or her election and mutually agreed

retention to act as a consultant for a term of five years following  Executive's
retirement or termination of full time  employment and further in  consideration
of his or her covenant not to accept  employment  as a consultant,  advisor,  or
employee of any other financial institution during the five year term.


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     In the event Executive terminates  employment before the completion of five
years  of  continuous  service,  Executive  shall  be  eligible  for  20% of the
compensation  as hereafter  set forth in Schedule A for each  completed  year of
service.  The compensation defined in Schedule A shall be deemed to be earned at
the completion of each year described in Schedule A.
     In lieu of  receiving a lump sum  pursuant to  Schedule  A,  Executive  may
elect,  within thirty (30) days of  termination  or  retirement,  to receive two
hundred and forty (240) equal monthly  installments  to be paid to him or her or
such  other  beneficiary  as  determined  pursuant  to  Paragraph  8 herein.  If
Executive shall have attained the age of sixty-five (65) before retirement, such
installments  shall equal $50,000 on an annual basis.  If Executive shall retire
or leave the service of Bancorp prior to age sixty-five (65), such  installments
shall  equal a pro rata  share of $50,000  per annum as the  vested  accumulated
benefit  bears to the total  accumulative  benefit  described  in  Schedule A as
"total needed."
     3. Bancorp  agrees that upon such  termination or retirement and engagement
of  Executive as a  consultant  for Bancorp that it will pay to Executive  until
death the annual amount described in Schedule A attached hereto and incorporated
herein;  or after death  Bancorp  agrees to pay to  Executive's  spouse or other
person (or persons designated by Executive by the delivery by such directions in
writing  to  Bancorp  or,  in  the  event  or  failure  to  so  designate   such
beneficiaries,   to  the  qualified  personal   representative,   executor,   or
administrator of Executive's  estate) the amount of any remaining  payments owed
at the time of death to Executive as set forth in Schedule A.
     4. Executive agrees that he or she will devote as much time as is necessary
and required by Bancorp,  but not to exceed 25 hours per month,  as a consultant
to Bancorp at an hourly fee of  $150.00.  It is  expressly  understood  that the
compensation  paid under this  Paragraph 4 and  Paragraph 3 above is strictly in
consideration  for the retention of Executive to act as a consultant and advisor
to Bancorp and to not undertake  consulting  work or to be employed by any other
financial  institution during a five year term. The hourly compensation provided
for in this  Paragraph 4 is in addition to the amount set forth in  Paragraph 3.
Executive  agrees to make  himself or herself  available  to the  management  of
Bancorp  and its  subsidiaries,  its  boards of  directors  and other  specified
individuals that management or the board may


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designate for the purpose of advising and consulting  with those  individuals on
behalf of Bancorp and its  subsidiaries.  Bancorp shall reimburse  Executive for
all  reasonable  travel and  expenses  incurred  by  Executive  in the nature of
Executive's  consulting or advisory work,  requiring travel to locations outside
of the main office or executive  offices of Bancorp.  In the event  Executive is
not residing in the community  where  Bancorp's  principal  offices are located,
Bancorp agrees to reimburse Executive for all travel from Executive's  residence
to the main office or  executive  offices of Bancorp  provided the same does not
exceed 200 miles one way.
     Executive  agrees  that  during his or her  engagement  he or she will keep
himself  or  herself  informed   concerning  the  affairs  of  Bancorp  and  its
subsidiaries  by  reviewing  reports  and other data  supplied to  Executive  by
Bancorp. Executive agrees to review these items without charge to Bancorp.
     5. The status of Executive when engaged as a consultant as  contemplated by
this Agreement shall be that of independent Contractor. Bancorp shall not direct
Executive as to the method or way by which  Executive  shall  perform his or her
counseling and/or advisory services to Bancorp or its subsidiaries.
     6. In the event  Executive  retires at age  sixty-five  (65) or upon a date
mutually agreed upon thereafter;  or,  terminates his or her employment prior to
retirement and receives the benefits as provided in Schedule A herein, Executive
further  agrees  he or she  will  not  become  an  owner,  employee  advisor  or
consultant for any business which is substantially  similar to or in competition
with the business of Bancorp or its subsidiaries and which competing business is
located within a 150 mile radius of any office of Bancorp or its subsidiaries.
     7. In the event this Agreement has not been terminated and Executive should
die while actively employed by Bancorp (prior to his or her attaining the age of
sixty-five  (65) or terminating  employment),  Bancorp will pay an annual sum of
$50,000.00   per  year  to  Executive's   surviving   spouse  in  equal  monthly
installments  for a period of twenty (20) years.  In the event  Executive is not
survived by a spouse,  then said amount shall be paid to those individuals named
in  writing  by  Executive  as  contingent  payees in the  event of  Executive's
spouse's death. In the event Executive dies without a spouse and has not named


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contingent   payees,   the  amount  shall  be  paid  to   Executive's   personal
representative upon his or her qualification as executor or administrator.

     8. In the event Executive dies after retiring or terminating employment and
while engaged as a consultant,  Bancorp will pay the remaining  amount of unpaid
installments to Executive's spouse or other named contingent  beneficiary in the
same manner as provided in Paragraph 7 above. 

     9. Should Executive terminate his or her employment prior to age sixty-five
(65), he or she may elect to forfeit the benefits of this  Agreement in exchange
for his or her right to consult for and advise other  businesses in  competition
with  Bancorp  and  shall be free of any  restrictive  covenants  herein in such
event;  provided,  however,  Executive  shall  strictly  hold  confidential  any
customer  lists or  confidential  and  proprietary  data  developed and owned by
Bancorp or its subsidiaries. 10. Except as hereafter set forth, Bancorp reserves
the right to terminate this Agreement as to any unvested benefits for any reason
in its  sole  and  absolute  discretion  of  Bancorp;  provided,  however,  that
Executive  shall be  entitled  to the  accrued  and  vested  amount set forth on
Schedule A attached  hereto based upon the number of years from the date of this
Agreement  as set forth in the  Schedule.  Said vested and  accrued  entitlement
shall be paid in the  event of  termination  of this  Agreement  by  Bancorp  to
Executive in one lump sum.  Bancorp  shall give fifteen (15) days prior  written
notice to Executive of any intent to terminate  this  Agreement.  The  foregoing
notwithstanding,  in the event of a  successful  merger,  acquisition,  business
combination  or tender offer the  acceptance of which was not  recommended  by a
majority of the  directors  of Bancorp,  then in such event  Executive  shall be
entitled  in a single lump sum  payment in the total  amount to which  Executive
would  otherwise  have been entitled  under the  provisions of Paragraph 2 as if
Executive had served through all five years as specified on Schedule A. Also, in
such event only, Executive shall be excused and shall not be obligated to act as
a consultant as otherwise provided in this Agreement.



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     11. Neither Executive,  Executive's spouse, nor any other beneficiary under
this Agreement  shall have any power or right to transfer,  assign,  anticipate,
hypothecate,  mortgage, or in any way exercise any control or anticipatory right
over said  benefits or should any of said benefits be subject to seizure for the
payments of any debts,  judgments,  alimony or separate maintenance which may be
owed by Executive or his or her  beneficiary or be  transferable by operation of
law in the event of bankruptcy,  insolvency or otherwise. In the event Executive
or any  beneficiary  attempts to execute or issue any  assignment,  computation,
hypothecation,   transfer  or  disposal  of  the  benefit  hereunder,  Bancorp's
responsibilities, liabilities, and obligations shall forthwith immediately cease
and terminate as to any benefits not vested and accrued.
     12.  Nothing  contained  in this  Agreement  shall be  construed  to alter,
abridge or in any  manner  affect the rights  and  privileges  of  Executive  to
participate in and be covered by any pension, profit sharing or other retirement
plan(s);  group insurance;  bonus or similar  employment  benefits plans; or the
benefits  which  Bancorp  may  now  have or  hereafter  adopt  for  its  general
employees.
     13.  Bancorp  reserves  the  absolute  right  in  its  sole  and  exclusive
discretion  either to: (i) fund by cash,  insurance or otherwise the  obligation
undertaken  by this  Agreement;  or (ii) to not fund the  obligation in advance.
Should Bancorp elect to fund in advance the obligations  anticipated  under this
Agreement in whole or in part through the medium of life  insurance or annuities
or both,  then  Bancorp  shall be deemed the sole owner and  beneficiary  of the
policy.  Bancorp reserves the absolute right in its sole discretion to terminate
such life  insurance or annuities  as well as any other  funding  program at any
time in whole or in part and cancel any advance  funding  mechanism.  At no time
shall Executive be deemed to have any right,  title or interest in any specified
asset or assets of Bancorp used to fund obligations  hereunder including but not
by way of  restriction  any  insurance  or annuity  contract(s)  or the proceeds
thereof.
     14.  Any  advance  funding of  obligations  hereunder  by use of  insurance
products  shall not in any way be considered to be security for the  performance
of the  obligations  of this  Agreement.  The  obligation  of  Bancorp  shall be
considered to be paid from current available resources and otherwise unsecured.


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     15. If Bancorp  purchases a life insurance or annuity policy on the life of
Executive to fund any  obligations  under this  Agreement,  Executive  agrees to
cooperate with the issuance of such  policy(ies)  and sign any and all documents
which may be required for that purpose and to undergo any medical examination or
test which may be required or necessary.
     16. This Agreement shall not be construed as giving Executive or his or her
beneficiary  any  greater  rights or  higher  priority  than  those of any other
unsecured creditor of Bancorp.
     17.  This  Agreement  shall be  binding  upon and inure to the  benefit  of
Executive and his or her personal  representatives,  agents and assigns.  To the
extent  consistent  herewith,  this Agreement  shall also inure to any successor
organization  which shall succeed to substantially all of the stock or assets of
Bancorp.
     18.  Executive  reserves  the right to change  the name of his or her named
primary and  contingent  beneficiaries  by separate  letter from time to time or
upon properly  notifying Bancorp or its successor of this document in writing as
to the successor  beneficiary  of such benefits.  Bancorp  reserves the right to
require a spouse's signature thereon if in the opinion of counsel such a consent
is required.
     19. In the event  Executive,  within  two  years of the  execution  of this
Agreement,  takes his or her own life,  any and all  amounts  unpaid  under this
Agreement  shall be deemed to have fully lapsed and terminated  prior to such an
event and Bancorp  shall have no liability to Executive or any other persons who
otherwise would be entitled to benefits under this Agreement.
     IN WITNESS WHEREOF, we have executed this Agreement.
                                                 SIERRA TAHOE BANCORP


                                                 By: /s/ William Fike
                                                 Its Chief Executive Officer


                                                 Accepted and Agreed:


                                                 /s/ Martin R. Sorensen
                                                 Martin R. Sorensen



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Truckee River Bank

SALARY CONTINUATION PLAN
CALCULATION OF ANNUAL CONTRIBUTION
Marty Sorensen


Date of Retirement..................    02.23.2009
Plan Commencement...................    05.01.1994
Retirement Benefit..................    $50,000 per year for 20 years
Discount Rate     ..................    10 percent
Years to Accrue.....................    14 years 10 months


                           SCHEDULE A

ACCRUAL PER YEAR                                            Accumulated

     1994......................            8,767                   8,767
     1995......................           14,292                  23,059
     1996......................           15,789                  38,848
     1997......................           17,442                  56,289
     1998......................           19,268                  75,558
     1999......................           21,286                  96,843
     2000......................           23,515                 120,358
     2001......................           25,977                 146,335
     2002......................           28,697                 175,032
     2003......................           31,702                 206,734
     2004......................           35,022                 241,756
     2005......................           38,689                 280,445
     2006......................           42,740                 323,185
     2007......................           47,216                 370,400
     2008......................           52,160                 422,560
     2009......................            9,210                 431,770




     TOTAL NEEDED                    $   431,769
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