##### Table of Contents



UNITED STATES SECURITIES AND
    EXCHANGE COMMISSION
 Washington, D.C.
    20549
  Form 10-K
  (Mark One)þ

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended
    December 31, 2005ORo

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934For the transition period from
    
    to   Commission File No.:
    333-126401
  FCB BANCORP
 (Exact Name of Registrant as
    Specified in its Charter)
  California(State or other
    jurisdiction of
    incorporation or organization)

20-3074387(I.R.S. Employer
    Identification No.)1100 Paseo Camarillo
    Camarillo, California(Address of principal
    executive offices)

93010(Zip
    Code)   (805) 484-0534
 (Registrants telephone
    number, including area code)
  Securities registered pursuant to Section 12(b) of the
    Exchange Act: None
  Securities registered pursuant to Section 12(g) of the
    Exchange Act: None
  o þ
  o þ
  þ o
  Regulation S-K Form 10-K Form 10-K. þ
  Rule 12b-2
 o o þ
  Rule 12b-2 o þ
  Over-The-Counter
    DOCUMENTS INCORPORATED BY REFERENCE




---



##### 



INDEX
  
  Item 1.

Business


3Item 1A.

Risk Factors


16Item 1B.

Unresolved Staff
    Comments


20Item 2.

Properties


20Item 3.

Legal
    Proceedings


21Item 4.

Submission of
    Matters to a Vote of Security Holders


21PART IIItem 5.

Market for
    Registrants Common Equity, Related Stockholder Matters and
    Issuer Purchases of Equity Securities


21Item 6.

Selected Financial
    Data


24Item 7.

Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations


25Item 7A.

Quantitative and
    Qualitative Disclosures About Market Risk


42Item 8.

Financial
    Statements and Supplementary Data


44Item 9.

Changes In and
    Disagreements with Accountants on Accounting and Financial
    Disclosure


73Item 9A.

Controls and
    Procedures


73PART IIIItem 10.

Directors and
    Executive Officers of the Registrant


73Item 11.

Executive
    Compensation


76Item 12.

Security Ownership
    of Certain Beneficial Owners and Management and Related
    Stockholder Matters


81Item 13.

Certain
    Relationships and Related Transactions


82Item 14.

Principal
    Accounting Fees and Services


83PART IVItem 15.

Exhibits, Financial
    Statement Schedules


84Signatures


86Certifications


88Exhibit 21.1Exhibit 23.1Exhibit 31.1Exhibit 31.2Exhibit 32.1   2




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##### Table of Contents



Part I
  Item 1.
    Business  Our
    Business
    Business
    of FCB Bancorp
    one-for-one
  Recent
    Developments
          Business
    of First California Bank
   3




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##### Table of Contents



Business Loans.
        Consumer Loans.
 4




---



##### Table of Contents



Financial
    and Statistical Disclosure
    Market
    Area
    Competition
       5




---



##### Table of Contents



bank-by-mail
          Dependence
    on One or a Few Major Customers; Business
    Concentrations
   6




---



##### Table of Contents



Product
    Development Research
    Internet
    Banking Services
  www.fcbank.com.
  Employees
    Supervision
    and Regulation
  Introduction
       7




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##### Table of Contents



The
    Company
  General.
    Bank Holding Company Liquidity.
      Transactions With Affiliates.
  Limitations on Business and Investment
    Activities.
  out-of-state
 8




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##### Table of Contents



out-of-state
        Capital Adequacy.
      Limitations on Dividend Payments.
 9




---



##### Table of Contents



The Sarbanes-Oxley Act of 2002. 2001-2002.
  Form 8-K
    First
    California Bank
   10




---



##### Table of Contents



Regulatory Capital Guidelines.
  FirstAdequately


Well


California


CompanyCapitalized


Capitalized


Bank


(Consolidated)(Greater than or equal
    to)Total risk-based capital


8.00
%


10.00
%


11.62
%


11.74
%Tier 1 risk-based capital
    ratio


4.00
%


6.00
%


10.48
%


10.60
%Tier 1 leverage capital ratio


4.00
%


5.00
%


8.88
%


8.69
%       Prompt Corrective Action.
  
    well capitalized if it has a total risk-based
    capital ratio of 10.0% or more, has a Tier 1 risk-based
    capital ratio of 6.0% or more, has a leverage capital ratio of
    5.0% or more, and is not subject to specified requirements to
    meet and maintain a specific capital level for any capital
    measure;
    adequately capitalized if it has a total risk-based
    capital ratio of 8.0% or more, a Tier 1 risk-based capital
    ratio of 4.0% or more, and a leverage capital ratio of 4.0% or
    more (3.0% under certain circumstances) and does not meet the
    definition of well capitalized; 11




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##### Table of Contents




    undercapitalized if it has a total risk-based
    capital ratio that is less than 8.0%, a Tier 1 risk-based
    capital ratio that is less than 4.0%, or a leverage capital
    ratio that is less than 4.0% (3.0% under certain circumstances);
    significantly undercapitalized if it has a total
    risk-based capital ratio that is less than 6.0%, a Tier 1
    risk-based capital ratio that is less than 3.0% or a leverage
    capital ratio that is less than 3.0%; and
    critically undercapitalized if it has a ratio of
    tangible equity to total assets that is equal to or less than
    2.0%.      cease-and-desist
    Federal Deposit Insurance.
   12




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##### Table of Contents



Money Laundering and Currency
    Controls.
      Community Reinvestment Act.
     13




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##### Table of Contents



Environmental Regulation.
  Safeguarding of Customer Information and
    Privacy.
    Patriot Act.
  Other Aspects of Banking Law. truth-in-savings.
  Impact
    Of Monetary Policies
    
    Open-market dealings in United States government securities; 14




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##### Table of Contents




    Adjusting the required level of reserves for financial
    institutions subject to reserve requirements; and
    Adjusting the discount rate applicable to borrowings by banks
    which are members of the Federal Reserve System.    Available
    Information
  1-800-SEC-0330. www.sec.gov (805) 484-0534.
  (805) 484-0534.
  Forward-Looking
    Information
    
    revenues are lower than expected;
    credit quality deterioration which could cause an increase in
    the provision for credit losses;
    competitive pressure among depository institutions increases
    significantly;
    our ability to complete planned acquisitions, to successfully
    integrate acquired entities, or to achieve expected synergies
    and operating efficiencies within expected time-frames or at all;
    the integration of acquired businesses costs more, takes longer
    or is less successful than expected;
    the cost of additional capital is more than expected;
    a change in the interest rate environment reduces interest
    margins;
    asset/liability repricing risks and liquidity risks; 15




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##### Table of Contents




    general economic conditions, either nationally or in the market
    areas in which we do or anticipate doing business, are less
    favorable than expected;
    the economic and regulatory effects of the continuing war on
    terrorism and other events of war, including the war in Iraq;
    legislative or regulatory requirements or changes adversely
    affecting our business;
    changes in the securities markets; and
    regulatory approvals for announced or future acquisitions cannot
    be obtained on the terms expected or on the anticipated schedule.    Item 1A.
    Risk
    Factors  Ownership of our common stock involves risks. You should
    carefully consider the risks described below in addition to the
    other information set forth herein.
  Risks
    Related to Our Business
  We are Highly Dependent on Real Estate and Events that
    Negatively Impact the Real Estate Market Could Hurt Our
    Business.
  Economic Conditions in the Southern California Area Could
    Adversely Affect Our Operations.
  We are Dependent on the Continued Services of Key
    Management.
  We Face Strong Competition from Financial Service Companies
    and Other Companies that Offer Banking Services that Could Hurt
    Our Business.
 16




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##### Table of Contents



We May Not or Will Not Sustain Recent Growth
    Trends.
  Our Growth Presents Certain Risks, Including a Decline in
    Credit Quality or Capital Adequacy.
  Failure to Successfully Execute Our Strategy Could Adversely
    Affect Our Performance.
  Our Performance and Growth are Dependent on Our Maintaining a
    High Quality of Service for Our Customers, and Will be Impaired
    by a Decline in Our Quality of Service.
  Our Size Subjects Us to Lower Lending Limits than Many of Our
    Competitors are Subject to.
  We are Subject to Other Government Regulation that Could
    Limit or Restrict Our Activities, Which in Turn Could Adversely
    Impact Our Operations.
 17




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##### Table of Contents



If a Significant Number of Borrowers and Guarantors Fail to
    Perform as Required by the Terms of Their Loans, We Will Sustain
    Losses.
  Our Allowance for Loan Losses May Not be Adequate to Cover
    Actual Losses.
  Our Business is Subject to Interest Rate Risk and Changes in
    Interest Rates May Adversely Affect Our Performance and
    Financial Condition.
  Our Business is Subject to Liquidity Risk and Changes in Our
    Source of Funds May Affect Our Performance and Financial
    Condition.
  We Could be Adversely Affected by General Economic
    Conditions.
  We are Exposed to Risk of Environmental and Other Liabilities
    with Respect to Properties to Which We Take
    Title. clean-up
 18




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##### Table of Contents



Our Internal Operations are Subject to a Number of
    Risks.
  We Will Incur Additional Costs as a Result of Operating as a
    Public Company.
  Risks
    Related to Our Common Stock
  Our Common Stock is Currently Not Traded and Only a Limited
    Trading Market Exists for Our Common
    Stock.
  The Interests of Our Controlling Shareholders May Differ from
    Yours; Concentrated Ownership of Our Common Stock Creates a Risk
    of Sudden Changes in Our Share Price.
 19




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##### Table of Contents



A Holder with as Little as a 5% Interest in FCB Bancorp
    Could, Under Certain Circumstances, be Subject to Regulation as
    a Bank Holding Company.
  Our Ability to Pay Dividends is Restricted by Law and
    Contractual Arrangements and Depends on Capital Distributions
    from the Bank Which are Subject to Regulatory
    Limits.
  Item 1B.
    Unresolved
    Staff Comments    Item 2.
    Properties      5-year
    5-year
  5-year
   20




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##### Table of Contents



5-year
  5-year
    5-year
    3-year
      Item 3.
    Legal
    Proceedings    Item 4.
    Submission
    of Matters to a Vote of Security Holders   Part II  Item 5.
    Market
    for Registrants Common Equity, Related Stockholder Matters
    and Issuer Purchases of Equity Securities  Market
    Information
   21




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##### Table of Contents



ApproximateNumber ofHigh


Low


Shares Traded2004First Quarter

$
22.00


$
15.80



32,387Second Quarter


20.80



17.95



13,559Third Quarter


19.75



17.75



24,272Fourth Quarter


23.00



19.25



14,6932005First Quarter

$
23.00


$
22.50



190,970Second Quarter


22.33



19.25



10,660Third Quarter


20.95



19.80



12,674Fourth Quarter


21.00



19.50



67,0282006First Quarter (through
    March 28, 2006)

$
22.00


$
20.00



19,380         Dividends
   22




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##### Table of Contents



Securities
    Authorized for Issuance Under Equity Compensation
    Plans
    Number of SecuritiesRemaining Available forNumber of Securities to


Weighted-Average


Future Issuance Underbe Issued Upon Exercise


Exercise Price of


Equity Compensation Plansof Outstanding Options,


Outstanding Options,


(Excluding SecuritiesWarrants and Rights


Warrants and Rights


Reflected in Column (a))Plan Category

(a)


(b)


(c)Plans approved by
    shareholders:2005 Stock Option
    Plan


119,500


$
17.64



80,500Plans not approved by
    shareholders:None


N/A



N/A



N/ATotal


119,500


$
17.64



80,500     Recent
    Sales of Unregistered Securities
    Issuer
    Purchases of Equity Securities
   23




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##### Table of Contents



Item 6.
    Selected
    Financial Data    As of or for the Years Ended
    December 31,2005


2004


2003


2002


2001(Dollars in thousands, except
    per share data)Results of OperationsNet interest income

$
15,237


$
11,656


$
10,898


$
9,141


$
7,488Provision for loan losses


488



418



510



510



576Noninterest income


1,995



1,925



1,899



1,240



1,071Noninterest expense


11,553



9,409



8,836



7,222



5,724Net income

$
3,224


$
2,435


$
2,207


$
1,614


$
1,355Financial PositionAssets

$
467,110


$
283,745


$
256,285


$
203,907


$
151,447Loans


342,883



182,873



157,952



142,379



121,699Allowance for loan losses


4,105



2,346



2,325



1,970



1,680Goodwill and other intangibles


16,951















Deposits


372,348



227,190



211,929



186,661



139,356Junior subordinated debentures


10,310















Shareholders equity

$
45,778


$
22,545


$
18,365


$
16,448


$
11,248Per Share Data:Earnings per share:Basic

$
1.31


$
1.17


$
1.12


$
0.91


$
0.86Diluted

$
1.30


$
1.14


$
1.10


$
0.86


$
0.86Book value per share

$
13.97


$
10.42


$
9.26


$
8.38


$
7.20Tangible book value per share

$
8.79


$
10.42


$
9.26


$
8.38


$
7.20Selected RatiosReturn on average equity


11.04
%


11.97
%


12.67
%


11.24
%


12.64
%Return on average assets


0.96
%


0.91
%


0.99
%


0.88
%


0.97
%Efficiency ratio(1)


66.96
%


69.76
%


68.92
%


69.78
%


67.55
%Net interest margin (tax
    equivalent)(2)


5.00
%


4.78
%


5.45
%


5.47
%


5.96
%Nonaccrual loans to loans






1.19
%


1.55
%


0.27
%


0.66
%Net charges-offs to average loans


0.04
%


0.21
%


0.04
%


0.17
%


0.01
%Allowances for loan losses to loans


1.20
%


1.28
%


1.47
%


1.38
%


1.38
%Equity to assets


9.80
%


7.95
%


7.17
%


8.07
%


7.43
%Tangible equity to tangible assets


6.40
%


7.95
%


7.17
%


8.07
%


7.43
%Total capital ratio(3)


11.62
%


12.25
%


11.57
%


11.51
%


10.06
%Tier 1 capital ratio(3)


10.48
%


11.04
%


10.32
%


10.26
%


8.81
%Tier 1 leverage ratio(3)


8.88
%


8.61
%


7.54
%


8.14
%


7.47
%     (1)
    
    Computed by dividing noninterest expense by net interest income
    and noninterest income. The ratio is a measurement of the amount
    of revenue that is utilized to meet overhead expenses.(2)
    
    Computed by dividing net income on a tax equivalent basis by
    average earning assets.(3)
    
    Bank only 24




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##### Table of Contents



Item 7.
    Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations  This section should be read in conjunction with the
    disclosure regarding Forward-Looking Statements set
    forth in Item 1.
    Business  Forward-Looking Statements, as
    well as the discussion set forth in Item 1A. Risk
    Factors and Item 8. Financial Statements and
    Supplementary Data.
    Critical
    Accounting Policies
    Allowance
    for loan losses
    Income
    taxes
    Goodwill
    Overview
  share-for-share
   25




---



##### Table of Contents



Year Ended
    December 31,2005


2004


2003(In thousands, except per
    share)Net income

$
3,224


$
2,435


$
2,207Basic earnings per share

$
1.31


$
1.17


$
1.12Diluted earnings per share

$
1.30


$
1.14


$
1.10Basic weighted average shares


2,467



2,080



1,974Diluted weighted average shares


2,488



2,136



2,012    26




---



##### Table of Contents



Year Ended
    December 31,2005


2004(In thousands, except per share
    data)Net income as reported

$
3,224


$
2,435Proforma combined net
    income

$
4,353


$
3,894Earnings per share as reported:Basic

$
1.31


$
1.17Diluted

$
1.30


$
1.14Proforma combined earnings per
    share:Basic

$
1.33


$
1.22Diluted

$
1.33


$
1.20Average shares outstanding as
    reported:Basic


2,467



2,080Diluted


2,488



2,136Proforma average shares
    outstanding:Basic


3,278



3,195Diluted


3,278



3,251   Results
    of Operations  for the three years ended
    December 31, 2005
  Net
    interest income
         27




---



##### Table of Contents



For the Years Ended
    December 31,2005


2004


2003Average


Income/


Average


Average


Income/


Average


Average


Income/


AverageBalance


Expense


Rate


Balance


Expense


Rate


Balance


Expense


Rate(Dollars in thousands)Commercial

$
87,372


$
7,049



8.07
%

$
69,317


$
5,046



7.28
%

$
60,022



4,370



7.28
%Real estate


131,252



9,342



7.12
%


94,089



5,758



6.12
%


81,573



5,926



7.26
%Consumer


7,592



518



6.82
%


5,208



405



7.77
%


7,591



642



8.46
%Total loans


226,216



16,909



7.47
%


168,614



11,209



6.65
%


149,186



10,938



7.33
%Taxable


67,399



2,306



3.42
%


65,583



1,971



3.00
%


40,128



1,194



2.98
%Nontaxable


8,319



321



5.85
%


7,309



299



6.20
%


4,752



212



6.76
%Total securities


75,718



2,627



3.69
%


72,892



2,270



3.32
%


44,880



1,406



3.13
%Federal funds sold


4,626



152



3.29
%


5,640



74



1.31
%


8,025



85



1.06
%Deposits with banks


816



26



3.18
%


137



2



0.66
%










Total earning assets


307,376



19,714



6.47
%


247,283



13,554



5.54
%


202,091



12,429



6.15
%Non-earning assets


27,753











19,220











20,430Total assets

$
335,129










$
266,503










$
222,521Interest bearing demand deposits


20,694



39



0.19
%


19,775



21



0.11
%


17,946



19



0.11
%Savings


68,568



717



1.05
%


61,697



487



0.79
%


51,807



372



0.72
%Certificates of deposit


81,985



2,522



3.08
%


52,139



809



1.55
%


54,804



949



1.73
%Total interest bearing deposits


171,247



3,278



1.91
%


133,611



1,317



0.98
%


124,557



1,340



1.08
%Federal funds purchased


92



4



4.08
%


70



2



2.51
%










FHLB advances


35,139



1,041



2.96
%


29,706



579



1.95
%


12,405



191



1.54
%Junior subordinated debentures


2,519



154



6.15
%






















Total borrowed funds


37,750



1,199



3.18
%


29,776



581



1.95
%


12,405



191



1.54
%Total interest bearing funds


208,997



4,477



2.14
%


163,387



1,898



1.16
%


136,962



1,531



1.12
%Noninterest bearing demand deposits


95,306











81,455











67,400Other liabilities


1,611











1,315











746Shareholders equity


29,215











20,346











17,413Total liabilities and
    shareholders equity

$
335,129










$
266,503










$
222,521Net interest income





$
15,237










$
11,656










$
10,898Net interest margin (tax
    equivalent)










5.00
%










4.78
%










5.45
%    28




---



##### Table of Contents



2005 to 2004 Change in
    Interest


2004 to 2003 Change in
    InterestIncome/Expense due to:


Income/Expense due to:Rate


Volume


Total


Rate


Volume


Total(Dollars in thousands)Interest incomeInterest on loans

$
1,870


$
3,829


$
5,699


$
(1,153
)

$
1,424


$
271Interest on securities


270



88



358



(15
)


878



863Interest on Federal funds sold


91



(13
)


78



14



(25
)


(11
)Interest on deposits with banks


23



4



27











Total interest income


2,254



3,908



6,162



(1,154
)


2,277



1,123Interest expenseInterest bearing demand deposits


17



1



18



1



2



3Savings


175



54



229



44



72



116Certificates of deposit


1,254



462



1,716



(98
)


(46
)


(144
)Total interest on deposits


1,446



517



1,963



(53
)


28



(25
)Interest on borrowings


462



156



618



122



268



390Total interest expense


1,908



673



2,581



69



296



365Net interest income

$
346


$
3,235


$
3,581


$
(1,223
)

$
1,981


$
758   Provision
    for loan losses
    Noninterest
    income
         29




---



##### Table of Contents



For the Years Ended
    December 31,2005


2004


2003(Dollars in thousands)Service charges on deposit accounts

$
1,083


$
1,056


$
965Earnings on cash surrender value
    of life insurance


226



224



260Commissions on brokered loans


226



132



307Net gain on sales of loans


118



87



75Net servicing fees


47



42



34Net gain (loss) on sales of
    securities


2



94



(22
)Other income


293



290



280Total noninterest income

$
1,995


$
1,925


$
1,899   Noninterest
    expense
            For the Years Ended
    December 31,2005


2004


2003(Dollars in thousands)Salaries and employee benefits

$
6,693


$
5,373


$
5,220Premises and equipment


1,832



1,301



972Data processing


589



758



836Legal, audit, and other
    professional services


485



418



328Printing, stationary, and supplies


195



141



166Telephone


175



163



161Directors fees


132



128



106Advertising and marketing


412



299



298Postage


77



81



84Other expenses


963



747



665Total noninterest expense

$
11,553


$
9,409


$
8,836  30




---



##### Table of Contents



Income
    taxes
      Financial
    Position  December 31, 2005 compared with
    December 31, 2004
  Lending
    and credit risk
               31




---



##### Table of Contents



Loans
      For the Years Ended
    December 31,2005


2004


2003(Dollars in thousands)Commercial mortgage

$
192,263


$
78,315


$
81,415Multifamily mortgage


31,708



5,142



6,223Commercial loans and lines


64,271



68,996



42,076Construction


28,157



12,330



16,540Home equity loans and lines


8,689



2,114



5,808Home mortgage


13,443



11,558



2,898Installment & credit card


4,352



4,418



2,992Total loans


342,883



182,873



157,952Allowance for loan losses


(4,105
)


(2,346
)


(2,325
)Loans, net

$
338,778


$
180,527


$
155,627    32




---



##### Table of Contents



loan-to-value
      30-day out-of-debt
    loan-to-value loan-to-value
 33




---



##### Table of Contents



December 31, 2005After OneOne Year


Year to


After Fiveor Less


Five Years


Years


Total(Dollars in thousands)Fixed rate loanCommercial real estate

$
3,574


$
9,039


$
9,311


$
21,924Commercial loans and lines


620



2,340



508



3,468Construction














Consumer


184



345







529Other










3,882



3,882Total fixed rate loan maturities


4,378



11,724



13,701



29,803Adjustable rate loanCommercial real estate


166,701



30,575



1,300



198,576Commercial loans and lines


69,777



5,202







74,979Construction


26,859











26,859Consumer


3,514



426







3,940Other


5,582



3,144







8,726Total adjustable rate loan
    maturities


272,433



39,347



1,300



313,080Total maturities

$
276,811


$
51,071


$
15,001


$
342,883   Allowance
    for Loan Losses
     34




---



##### Table of Contents



For the Year Ended
    December 31,2005


2004


2003


2002


2001(Dollars in thousands)Beginning balance

$
2,346


$
2,325


$
1,970


$
1,680


$
1,114Balance acquired in purchase


1,185















Provision for loan losses


488



418



510



510



576Loans charged-off


(74
)


(359
)


(124
)


(336
)


(27
)Transfers to undisbursed
    commitment liability


(50
)


(50
)


(100
)






Recoveries on loans charged-off


210



12



69



116



17Ending balance

$
4,105


$
2,346


$
2,325


$
1,970


$
1,680Allowance to loans


1.20
%


1.28
%


1.47
%


1.38
%


1.38
%     December 31,2005


2004Percent of





Percent ofLoans in





Loans inCategory to





Category toAmount


Total Loans


Amount


Total Loans(Dollars in thousands)Commercial mortgage

$
1,273



39
%

$
821



44
%Multifamily mortgage


159



5
%


26



1
%Commercial loans


1,062



32
%


856



46
%Construction loans


620



19
%


62



3
%Home equity loans


43



1
%


13



1
%Home mortgage


67



2
%


58



3
%Installment and credit card


60



2
%


45



2
%Subtotal


3,284







1,881Unallocated


821







465Total

$
4,105



100
%

$
2,346



100
%     December 31,2005


2004(Dollars in thousands)Accruing loans past due
    90 days or more

$
137


$
Nonaccrual loans

$



$
2,180Ratios:Accruing loans past due
    90 days or more to average loans


0.06
%


0.00
%Nonaccrual loans to average loans


0.00
%


1.29
%Interest income on nonaccrual
    loans:Contractually due

$



$
197Collected

$
64


$
69  35




---



##### Table of Contents



Investing,
    funding and liquidity risk
                   36




---



##### Table of Contents



Securities
      At December 31,
    2005After


AfterOne Year or


One Year to


Five Years to


OverLess


Five Years


Ten Years


Ten Years


Total(In thousands)Maturity distribution
    U.S. Treasury notes

$
4,524


$
2,452










$
6,976U.S. agency notes


5,779



4,597











10,376U.S. agency mortgage-backed
    securities






41,053



2,810



1,226



45,089Collateralized mortgage obligations










3,414







3,414Municipal securities


100



679



3,525



4,875



9,179Total

$
10,403


$
48,781


$
9,749


$
6,101


$
75,034Weighted average yield
    U.S. Treasury notes


3.11
%


4.19
%










3.50
%U.S. agency notes


3.25
%


3.50
%










3.36
%U.S. agency mortgage-backed
    securities






3.74
%


4.64
%


5.41
%


3.84
%Collateralized mortgage obligations










4.79
%






4.79
%Municipal securities


8.03
%


5.69
%


5.45
%


6.00
%


5.79
%Total


3.24
%


3.77
%


4.99
%


5.88
%


4.03
%   37




---



##### Table of Contents



December 31, 2004After


AfterOne Year


One Year to


Five Years to


Overor Less


Five Years


Ten Years


Ten Years


Total(Dollars in thousands)Maturity distributionMortgage-backed securities

$
1,226


$
36,848


$
10,314


$
7,960


$
56,348Collateralized mortgage obligations










1,568



3,347



4,915U.S. Treasury obligations


2,993















2,993Municipal securities


100



295



2,723



3,615



6,733U.S. agency securities


3,746



3,050











6,796Total

$
8,065


$
40,193


$
14,605


$
14,922


$
77,785Weighted average
    yieldMortgage-backed securities


3.75
%


3.26
%


4.10
%


4.50
%


3.60
%Collateralized mortgage obligations










4.91
%


4.72
%


4.78
%U.S. Treasury obligations


2.75
%














2.75
%Municipal securities


7.12
%


7.96
%


5.47
%


6.03
%


5.90
%U.S. agency securities


2.69
%


2.62
%










2.66
%Total


2.93
%


3.25
%


4.44
%


4.92
%


3.76
%       Deposits
   38




---



##### Table of Contents



For the Years Ended
    December 31,2005


2004


2003Average Balance


Rate


Average Balance


Rate


Average Balance


Rate(Dollars in thousands)Core depositsNoninterest bearing demand deposits

$
95,306






$
81,455






$
67,400Interest checking


20,694



0.19
%


19,776



0.11
%


17,946



0.11
%Savings accounts


68,569



1.05
%


61,697



0.79
%


51,807



0.72
%Time deposits less than $100,000


52,340



3.06
%


27,355



1.33
%


28,080



1.54
%Total core deposits

$
236,909






$
190,283






$
165,233Noncore depositsTime deposits of $100,000 or more


29,645



3.10
%


24,783



1.79
%


26,724



1.93
%Total deposits

$
266,554






$
215,066






$
191,957Total interest bearing deposits

$
171,247



1.91
%

$
133,611



0.98
%

$
124,557



1.08
%       For the Years Ending
    December 31,2005


2004Amount


Percentage


Amount


Percentage(Dollars in thousands)Three months or less

$
28,960



39
%

$
17,394



54
%Over three months through six
    months


19,947



27
%


7,571



23
%Over six months through one year


9,358



13
%


2,086



6
%Over one year


15,753



21
%


5,200



16
%Total

$
74,018



100
%

$
32,251



100
%   Borrowings
   39




---



##### Table of Contents



For the Years Ended
    December 31,2005


2004


2003Federal Home


Weighted


Federal Home


Weighted


Federal Home


WeightedLoan Bank


Average


Loan Bank


Average


Loan Bank


AverageAdvances


Interest Rate


Advances


Interest Rate


Advances


Interest Rate(Dollars in thousands)Amount outstanding at end of period

$
36,319



3.70
%

$
32,850



2.39
%

$
25,000



1.63
%Maximum amount outstanding at any
    month-end during the period

$
47,566



3.39
%

$
32,850



2.39
%

$
25,000



1.63
%Average amount outstanding during
    the period

$
35,202



3.71
%

$
29,706



1.95
%

$
12,405



1.54
%     MaturityAmount


Year(In thousands)Overnight advances

$
10,019



2006Term advances


15,050



2006Term advances


8,250



2007Term advances


3,000



2008$
36,319         Capital
    resources
   40




---



##### Table of Contents



For CapitalActual


Adequacy PurposesAmount


Ratio


Amount


Ratio(In thousands)December 31, 2005Total capital


44,545



11.74
%


30,352



38.00
%(to risk weighted assets)Tier I capital


40,239



10.60
%


15,181



34.00
%(to risk weighted assets)Tier I capital


40,239



8.69
%


13,889



33.00
%(to average assets)   Actual


Adequacy PurposesAmount


Ratio


Amount


Ratio(In thousands)December 31, 2004Total capital


25,300



12.25
%


16,518



38.00
%(to risk weighted assets)Tier I capital


22,804



11.04
%


8,259



34.00
%(to risk weighted assets)Tier I capital


22,804



8.61
%


10,974



33.00
%     To be WellCapitalized UnderFor Capital


Prompt CorrectiveActual


Adequacy Purposes


Action ProvisionAmount


Ratio


Amount


Ratio


Amount


Ratio(Dollars in thousands)December 31, 2005Total capital


43,900



11.62
%


30,224



38.00
%


37,780



310.00
%(to risk weighted assets)Tier I capital


39,595



10.48
%


15,113



34.00
%


22,669



36.00
%(to risk weighted assets)Tier I capital


39,595



8.88
%


17,836



34.00
%


22,294



35.00
%(to average assets)   To be WellCapitalized UnderFor Capital


Prompt CorrectiveActual


Adequacy Purposes


Action ProvisionAmount


Ratio


Amount


Ratio


Amount


Ratio(Dollars in thousands)December 31, 2004Total capital


25,300



12.25
%


16,518



38.00
%


20,647



310.00
%(to risk weighted assets)Tier I capital


22,804



11.04
%


8,259



34.00
%


12,388



36.00
%(to risk weighted assets)Tier I capital


22,804



8.61
%


10,974



34.00
%


13,718



35.00
%(to average assets)  41




---



##### Table of Contents



Commitments,
    Contingent Liabilities, Contractual Obligations and Off-Balance
    Sheet Arrangements
    and/or
  December 31, 2005GreaterLess Than


One to


Three to


ThanOne Year


Three Years


Five Years


Five Years


Total(In thousands)FHLB overnight advances

$
10,019


$



$



$



$
10,019FHLB term advances


15,050



11,250











26,300Salary continuation benefits














281



281Junior subordinated debentures














10,310



10,310Operating lease obligations


732



1,477



1,241



3,284



6,734Total

$
25,801


$
12,727


$
1,241


$
13,875


$
53,644   Item 7A.
    Quantitative
    and Qualitative Disclosures about Market Risk  Interest
    rate risk
    earnings-at-risk
     42




---



##### Table of Contents



December 31, 2005By Repricing Interval4-120-3 Months


Months


1-5 Years


> 5 Years


Total(Dollar in thousands)Earnings assetsLoans

$
253,990


$
23,406


$
50,486


$
15,001


$
342,883Securities


4,783



19,721



32,625



16,290



73,419Federal funds sold


306















306Total earning assets


259,079



43,127



83,111



31,291



416,608Deposits and borrowings Deposits


95,409



109,347



54,729



269



259,754Junior subordinated debentures










10,310







10,310Borrowings


11,269



13,800



11,250







36,319Total deposits and borrowings


106,678



123,147



76,289



269



306,383Interest rate sensitivity gap

$
152,401


$
(80,020
)

$
6,822


$
31,022


$
110,225Cumulative gap

$
152,401


$
72,381


$
79,203


$
110,225Cumulative gap as a percentage of
    earning assets


32.63
%


15.50
%


16.96
%


23.60
%  43




---



##### Table of Contents



Item 8.
    Financial
    Statements and Supplementary Data  Report of
    independent registered public accounting firm


45Consolidated
    balance sheets as of December 31, 2005 and
    December 31, 2004


46Consolidated
    statements of operations for the years ended December 31,
    2005, 2004 and 2003


47Consolidated
    statements of comprehensive income for the years ended
    December 31, 2005, 2004 and 2003


48Consolidated
    statements of changes in shareholders equity for the years
    ended December 31, 2005, 2004 and 2003


48Consolidated
    statements of cash flows for the years ended December 31,
    2005, 2004 and 2003


49Notes to
    consolidated financial statements


50  44




---



##### Table of Contents



Report of
    Independent Registered Public Accounting Firm              45




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Consolidated balance sheets
  December 31, 2005


December 31, 2004(In thousands, except share
    data)Cash and due from banks

$
14,435


$
7,194Federal funds sold


306



4,055Securities
    available-for-sale


73,419



77,345Loans, net


338,778



180,527Premises and equipment, net


10,315



4,696Goodwill and other intangibles


16,951



Federal Home Loan Bank stock


2,395



1,992Cash surrender value of life
    insurance


5,171



4,982Accrued interest receivable and
    other assets


5,341



2,954Total assets

$
467,111


$
283,745Checking

$
112,596


$
84,699Interest checking


23,691



21,424Regular savings


22,129



14,639Money market savings


57,144



52,900Certificates of deposit, under
    $100,000


82,770



21,277Certificates of deposit, $100,000
    and over


74,018



32,251Total deposits


372,348



227,190Federal Home Loan Bank
    advances


36,319



32,850Junior subordinated debentures


10,310



Accrued interest payable and other
    liabilities


2,355



1,160Total liabilities


421,332



261,200Common stock, no par value,
    10,000,000 authorized; shares issued and outstanding: 3,277,807
    at December 31, 2005 and 2,162,807 at December 31, 2004


32,666



11,965Retained earnings


14,063



10,839Accumulated other comprehensive
    loss


(950
)


(259
)Total shareholders equity


45,779



22,545Total liabilities and
    shareholders equity

$
467,111


$
283,745    46




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Consolidated statements of operations
  Year Ended
    December 31,2005


2004


2003(In thousands, except per share
    data)Interest and fees on loans

$
16,909


$
11,209


$
10,938Taxable interest on securities


2,306



1,970



1,194Nontaxable interest on securities


321



299



212Interest on federal funds sold


178



74



85Total interest income


19,714



13,552



12,429Interest on deposits


3,278



1,315



1,340Interest on borrowings


1,199



581



191Total interest
    expense


4,477



1,896



1,531Net interest income


15,237



11,656



10,898Provision for loan losses


488



418



510Net interest income after
    provision for loan losses


14,749



11,238



10,388Service charges on deposit accounts


1,083



1,056



965Earnings on cash surrender value
    of life insurance


226



224



260Commissions on brokered loans


226



132



307Net gain on sales of loans


118



87



75Net servicing fees


47



42



34Net gain (loss) on sales of
    securities


2



94



(22
)Other income


293



290



280Total noninterest
    income


1,995



1,925



1,899Salaries and employee benefits


6,693



5,373



5,220Premises and equipment


1,832



1,301



972Data processing


589



758



836Legal, audit, and other
    professional services


485



418



328Printing, stationary, and supplies


195



141



166Telephone


175



163



161Directors fees


132



128



106Advertising and marketing


412



299



298Postage


77



81



84Other expenses


963



747



665Total noninterest
    expense


11,553



9,409



8,836Income before provision for income
    taxes


5,191



3,754



3,451Provision for income taxes


1,967



1,319



1,244Net income

$
3,224


$
2,435


$
2,207Earnings per shareBasic

$
1.31


$
1.17


$
1.12Diluted

$
1.30


$
1.14


$
1.10    47




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Consolidated statements of comprehensive
    income
  Year Ended
    December 31,2005


2004


2003(In thousands)Unrealized holding gains (losses)
    on securities
    available-for-sale
    arising during the period

$
(1,171
)

$
165


$
(834
)Reclassification adjustments for
    (gains) losses included in net income


(2
)


(94
)


22Other comprehensive income (loss),
    before taxes


(1,173
)


71



(812
)Income tax (expense) benefit
    related to items of other comprehensive income


481



(29
)


330Other comprehensive income (loss),
    net of tax


(691
)


42



(482
)Net income


3,224



2,435



2,207Comprehensive income

$
2,531


$
2,477


$
1,725   Consolidated
    statements of changes in shareholders equity
  Year Ended
    December 31,2005


2004


2003(In thousands)Common stockIssuance of common stock

$
20,701


$



$
(1,115,000 shares in 2005)Exercise of warrants






1,703



192(179,299 shares in 2004,
    20,700 shares in 2003)Common stock, beginning of year


11,965



10,262



10,070Common stock, end of year

$
32,666


$
11,965


$
10,262Retained earningsNet income

$
3,224


$
2,435


$
2,207Retained earnings, beginning of
    year


10,839



8,404



6,197Retained earnings, end of year

$
14,063


$
10,839


$
8,404Accumulated other comprehensive
    income (loss)Accumulated other comprehensive
    income (loss)

$
(691
)

$
42


$
(482
)Accumulated other comprehensive
    income (loss), beginning of year


(259
)


(301
)


181Accumulated other comprehensive
    income (loss), end of year

$
(950
)

$
(259
)

$
(301
)    48




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Consolidated statements of cash flows
  Year Ended
    December 31,2005


2004


2003(In thousands)Net income

$
3,224


$
2,435


$
2,207Adjustments to reconcile net
    income to net cash from operating activities:Realized gains on sale of
    securities, loans, and premises and equipment


(120
)


(181
)


(53
)Net amortization of premiums on
    securities
    available-for-sale


339



567



327Federal Home Loan Bank stock
    dividends


(63
)


(82
)


(21
)Provision for loan losses


488



418



510Deferred income taxes


277



188



(39
)Depreciation and amortization


770



460



383Net appreciation in cash surrender
    value of life insurance


(189
)


(190
)


(234
)Change in accrued interest
    receivable and other assets


(835
)


(889
)


(315
)Change in accrued interest payable
    and other liabilities


145



169



313Net cash from operating
    activities


4,019



2,895



3,078Net change in federal funds sold


15,149



11,725



(4,780
)Proceeds from maturities, calls,
    and paydowns of securities
    available-for-sale


15,110



16,830



14,577Proceeds from sales of securities
    available-for-sale


260



6,098



7,541Purchases of securities
    available-for-sale


(6,051
)


(35,901
)


(60,744
)Purchases of Federal Home
    Loan Bank stock


(340
)


(398
)


(1,331
)Net increase in loans


(40,646
)


(25,231
)


(15,653
)Cash paid for purchase of nonbank
    subsidiary common stock


(310
)






Cash paid, net of cash received,
    for net assets of bank subsidiary


(29,585
)






Purchases of premises and
    equipment, net


(2,373
)


(1,408
)


(906
)Purchases of life insurance










(58
)Net cash from investing
    activities


(48,769
)


(28,285
)


(61,354
)Net increase in deposits


17,511



15,261



25,268Net change in FHLB overnight
    advances


10,019







Proceeds from FHLB term advances


10,000







Payments on FHLB term advances


(16,550
)


7,850



25,000Proceeds from issuance of junior
    subordinated debentures


10,310







Proceeds from issuance of common
    stock


20,701







Proceeds from exercise of warrants






1,703



192Net cash from financing
    activities


51,991



24,814



50,460Change in cash and due from banks


7,241



(576
)


(7,816
)Cash and due from banks, beginning
    of year


7,194



7,770



15,586Cash and due from banks, end of
    year

$
14,435


$
7,194


$
7,770Supplemental disclosure of cashCash paid during the year for:Interest

$
4,075


$
1,519


$
1,603Income taxes

$
1,848


$
1,154


$
1,177Supplemental disclosure of noncash
    investing activitiesChange in fair value of securities
    available-for-sale,
    net of taxes

$
(691
)

$
42


$
(482
)    49




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial statements
  NOTE 1  ORGANIZATION
    AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
  Organization and nature of
    operations  share-for-share
    Consolidation
  Managements estimates and
    assumptions
  Cash and due from banks
  Securities
    available-for-sale,
    at fair value available-for-sale available-for-sale available-for-sale
  available-for-sale other-than-temporary
  Loans, net of allowance for loan losses and unearned loan fee
    income
 50




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
        Premises and equipment
  Federal Home Loan Bank
    stock
  Goodwill and other intangible
    assets
    Other real estate owned
 51




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   Income taxes
  Advertising
  Earnings per share
  Off-balance sheet financial
    instruments
  Fair value of financial instruments
    Available-for-sale 
  one-to-four
   52




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
         Stock-based compensation 
  2005


2004


2003(In thousands, exceptper share data)Net income, as reported

$
3,224


$
2,435


$
2,207Total stock-based employee
    compensation expense determined under fair value-based methods
    for all awards, net of related tax effects


(30
)


(14
)


(3
)[Pro forma net income]

$
3,194


$
2,421


$
2,204Earnings per share:Diluted  as
    reported

$
1.30


$
1.14


$
1.10Diluted  pro forma

$
1.28


$
1.13


$
1.10Basic  as reported

$
1.31


$
1.17


$
1.12Basic  pro forma

$
1.29


$
1.16


$
1.12     2005


2004


2003Dividend yield


None



None



NoneExpected life


6 years



6 years



6 yearsExpected volatility


Nil



Nil



NilRisk-free rate


4.50
%


3.95
%


2.87
%   Recently issued accounting standards
 53




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
      and/or and/or
  and/or and/or
  Share-Based Payments Accounting for
    Stock-Based Compensation. Accounting for Stock Issued to
    Employees
  NOTE 2  ACQUISITION
    OF SOUTH COAST BANCORP, INC.
     54




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
    At September 30,
    2005At Cost


Adjustments


At Fair Value(In thousands)AssetsCash and due from banks

$
6,484


$
(69
)

$
6,415Federal funds sold


11,400







11,400Securities


6,972



(68
)


6,904Loans


119,050



109



119,159Allowance for loan losses


(1,184
)






(1,184
)Premises and equipment, net


1,612



2,404



4,016Core deposit intangible






627



627Other assets


622



97



719Total assets


144,956



3,100



148,056LiabilitiesDeposits


127,178



469



127,647Other liabilities


1,051



(1
)


1,050Total liabilities


128,229



468



128,697Net assets acquired


16,727



2,632



19,359Cash paid to common shareholders
    of South Coast Bancorp, Inc.










36,000Transaction
    costs  investment banking, legal and accounting
    fees










400Estimated restructuring charges










200Total purchase price










36,600Goodwill









$
17,241        55




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
    Pro Forma Results of
    OperationsYear Ended


Year EndedDecember 31, 2005


December 31, 2004(In thousands, except per share
    data)Net interest income

$
19,726


$
17,092Noninterest income


2,177



2,640Noninterest expense


14,196



13,101Provision for loan loss


517



363Income before tax


7,190



6,268Income taxes


2,837



2,374Net income

$
4,353


$
3,894Earnings per share:Basic

$
1.33


$
1.22Diluted

$
1.33


$
1.20Weighted average shares:Basic


3,278



3,195Diluted


3,278



3,251     Year Ended


Year EndedDecember 31, 2005


December 31, 2004increase


(decrease)(In thousands)Net interest incomeSecurities discount

$
18


$
44Loan premium


(10
)


(13
)Deposit discount


(141
)


(211
)Junior subordinated debt interest


459



615Noninterest expensePremises & equipment


11



14Intangible amortization


52



69Organization expenses


(50
)


50Severance and related merger
    charges


(1,733
)


Income taxesIncome taxes


802



950  56




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   NOTE 3  SECURITIES
  available-for-sale
  At December 31,
    2005Gross


Gross


EstimatedAmortized


Unrealized


Unrealized


FairCost


Gains


Losses


Value(In thousands)U.S. Treasury notes

$
6,976


$



$
(33
)

$
6,943U.S. agency notes


10,376







(156
)


10,220U.S. agency mortgage-backed
    securities


45,089



1



(1,274
)


43,816Collateralized mortgage obligations


3,414



1



(89
)


3,326Municipal securities


9,179



36



(101
)


9,114Securities
    available-for-sale

$
75,034


$
38


$
(1,653
)

$
73,419     At December 31,2005


2004


2003(in thousands)Gains

$
2


$
112


$
11Losses






(18
)


(33
)$
2


$
94


$
(22
)   At December 31,
    2004Gross


Gross


EstimatedAmortized


Unrealized


Unrealized


FairCost


Gains


Losses


Value(In thousands)U.S. Treasury notes

$
2,993


$



$
(10
)

$
2,983U.S. agency notes


6,796







(57
)


6,739U.S. agency mortgage-backed
    securities


56,348



126



(622
)


55,852Collateralized mortgage obligations


4,915



57



(8
)


4,964Municipal securities


6,733



90



(16
)


6,807Securities
    available-for-sale

$
77,785


$
273


$
(713
)

$
77,345    57




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
    Less Than 12 Months


Greater Than 12 MonthsUnrealized





UnrealizedFair Value


Losses


Fair Value


Losses(In thousands)U.S. Treasury notes

$
3,966


$
(11
)

$
2,977


$
(22
)U.S. agency notes


3,564



(14
)


6,656



(142
)U.S. agency mortgage-backed
    securities


20,189



(334
)


23,627



(940
)Collateralized mortgage obligations


1,397







1,929



(89
)Municipal securities


8,466



(77
)


648



(24
)$
37,582


$
(436
)

$
35,837


$
(1,217
)     At December 31,
    2005Amortized


FairCost


Value(In thousands)Due in one year or less

$
10,403


$
10,247Due after one year through five
    years


48,781



47,758Due after five years through ten
    years


9,749



9,404Due after ten years


6,101



6,010$
75,034


$
73,419      58




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   NOTE 4  LOANS
    AND ALLOWANCE FOR LOAN LOSSES
    At December 31,2005


2004(In thousands)Commercial mortgage

$
192,263


$
78,315Multifamily mortgage


31,708



5,142Commercial loans and lines


64,271



68,996Construction


28,157



12,330Home equity loans and lines


8,689



2,114Home mortgage


13,443



11,558Installment & credit card


4,352



4,418Total loans


342,883



182,873Allowance for loan losses


(4,105
)


(2,346
)Loans, net

$
338,778


$
180,527           December 31,2005


2004


2003(In thousands)Beginning balance

$
2,346


$
2,325


$
1,970Balance acquired in purchase


1,185







Provision for loan losses


488



418



510Loans charged-off


(74
)


(359
)


(124
)Transfers to undisbursed
    commitment liability


(50
)


(50
)


(100
)Recoveries on loans charged-off


210



12



69Ending balance

$
4,105


$
2,346


$
2,325Allowance to loans


1.20
%


1.28
%


1.47
%  59




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   NOTE 5  PREMISES
    AND EQUIPMENT
    At December 31,2005


2004(In thousands)Land

$
2,894


$
894Building


5,227



1,419Furniture and equipment


5,128



3,300Leasehold improvements


2,120



1,668Construction in progress


113



228Total premises and equipment


15,482



7,509Less accumulated depreciation and
    amortization


(5,167
)


(2,813
)Premises and equipment, net

$
10,315


$
4,696   NOTE 6  GOODWILL
    AND OTHER INTANGIBLE ASSETS
    2005(In thousands)Additions

$
627Accumulated amortization


(17
)Balance, December 31, 2005

$
610     Year

Amount(In thousands)2006

$
692007


692008


692009


692010


69Thereafter


265Total

$
610    60




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   NOTE 7  CERTIFICATES
    OF DEPOSIT
    Year

Under $100,000


$100,000 and Over


Total(In thousands)2006

$
62,242


$
58,267


$
120,5092007


11,386



8,214



19,6002008


3,974



2,617



6,5912009


4,651



4,344



8,9952010


517



576



1,093$
82,770


$
74,018


$
156,788   NOTE 8  LINES
    OF CREDIT AND BORROWED FUNDS
      Maturity


Weighted AverageAmount


Year


Interest Rate(In thousands)Overnight advances

$
10,019



2006



4.08
%Term advances


15,050



2006



3.39
%Term advances


8,250



2007



3.88
%Term advances


3,000



2008



4.58
%$
36,319      61




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   NOTE 9  INCOME
    TAXES
    2005


2004


2003(In thousands)Current:Federal

$
1,220


$
796


$
924State


470



335



3591,690



1,131



1,283Deferred:Federal


179



143



(30
)State


98



45



(9
)277



188



(39
)Provision for income taxes

$
1,967


$
1,319


$
1,244     At December 31,2005


2004(In thousands)Deferred tax assets:Allowance for loan losses

$
1,825


$
864Accruals and other reserves


106



Unrealized depreciation on
    securities


439



182Net benefit for state taxes


163



1152,533



1,161Deferred tax liabilities:Depreciation and amortization


(999
)


(293
)Certain prepaid assets


(285
)


(170
)Deferred loan costs


(445
)


(68
)Other


(74
)


(1,803
)


(531
)Net deferred tax assets

$
730


$
630    62




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
     2005


2004


2003Tax provision at federal
    statuatory rate


34.0
%


34.0
%


34.0
%State franchise tax, net of
    federal income tax benefit


7.1



6.9



6.6Tax-exempt interest


(2.6
)


(3.3
)


(2.0
)Increase in cash surrender value
    of life insurance


(1.2
)


(1.7
)


(2.6
)Other


0.6



(0.8
)


Effective tax rate


37.9
%


35.1
%


36.0
%   NOTE 10  SHAREHOLDER
    TRANSACTIONS
      NOTE 11  EARNINGS
    PER SHARE
    2005


2004


2003Diluted


Basic


Diluted


Basic


Diluted


Basic(Dollars in thousands, except
    per share data)Income available to common
    shareholders

$
3,224


$
3,224


$
2,435


$
2,435


$
2,207


$
2,207Weighted average common shares
    outstanding


2,467,000



2,467,000



2,080,140



2,080,140



1,974,280



1,974,280Net effect of dilutive warrants
    and stock options based on the treasury stock method weighted
    using average market price


21,447







55,492







37,682



$
2,488,447


$
2,467,000


$
2,135,632


$
2,080,140


$
2,011,962


$
1,974,280Earnings per share

$
1.30


$
1.31


$
1.14


$
1.17


$
1.10


$
1.12  63




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   NOTE 12  STOCK
    OPTION PLAN
      Weighted


WeightedNon-


Average


AverageTotal


Incentive


Statutory


Exercise


FairOptions


Options


Options


Price


ValueOptions granted in 2003:Incentive stock options


34,250



34,250






$
11.25


$
1.77Nonstatutory stock options


10,000







10,000


$
11.25


$
1.77Options under
    grant  December 31, 2003


44,250



34,250



10,000


$
11.25Options under grant and
    exercisable  December 31, 2003













$
Options granted in 2004:Incentive stock options


28,400



28,400






$
0.25


$
4.24Nonstatutory stock options


10,000







10,000


$
20.25


$
4.24Options forfeited


(4,400
)


(4,400
)





$
13.09Options under
    grant  December 31, 2004


78,250



58,250



20,000


$
15.56Options under grant and
    exercisable  December 31, 2004













$
Options granted in 2005:Incentive stock options


34,250



34,250






$
21.00


$
4.92Nonstatutory stock options


10,000







10,000


$
21.00


$
4.92Options forfeited


(3,000
)


(3,000
)





$
12.88Options under
    grant  December 31, 2005


119,500



89,500



30,000


$
17.64Options under grant and
    exercisable  December 31, 2005













$
Options reserved and available for
    grant  December 31, 2005


80,500    64




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
    Incentive Stock
    Options


Nonstatutory Stock
    OptionsRemaining








RemainingContractual








ContractualExercise


Number


Life


Exercise


Number


LifePrice


Outstanding


(In Years)


Price


Outstanding


(In Years)$
11.25



28,250



5.50


$
11.25



10,000



5.50$
20.25



27,500



6.33


$
20.25



10,000



6.33$
21.00



33,750



5.33


$
21.00



10,000



5.3389,500











30,000     NOTE 13  EMPLOYEE
    BENEFITS
        NOTE 14  TRANSACTIONS
    WITH RELATED PARTIES
   65




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
    2005


2004(In thousands)Loans made

$



$
Loan repaid






(510
)Balance:Beginning of year






510End of year

$



$
     NOTE 15  CONCENTRATIONS
    OF CREDIT RISK
        NOTE 16  FINANCIAL
    INSTRUMENTS WITH OFF-BALANCE SHEET RISK
     66




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
     At December 31,2005


2004(In thousands)Financial instruments whose
    contract amounts contain credit risk:Commitments to extend credit

$
79,056


$
63,604Commercial and standby letters of
    credit


427



914$
79,483


$
64,518         NOTE 17  COMMITMENTS
    AND CONTINGENCIES
  and/or
  At December 31,
    2005Less Than


One to


Three to


Greater ThanOne Year


Three Years


Five Years


Five Years


Total(In thousands)FHLB overnight advances

$
10,019


$



$



$



$
10,019FHLB term advances


15,050



11,250











26,300Salary continuation benefits














281



281Junior subordinated debentures














10,310



10,310Operating lease obligations


732



1,477



1,241



3,284



6,734Total

$
25,801


$
12,727


$
1,241


$
13,875


$
53,644      67




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   NOTE 18  REGULATORY
    MATTERS
      For CapitalActual


Adequacy PurposesAmount


Ratio


Amount


Ratio(In thousands)December 31, 2005Total capital


44,545



11.74
%


30,352



3 8.00
%(to risk weighted assets)Tier I capital


40,239



10.60
%


15,181



3 4.00
%(to risk weighted assets)Tier I capital


40,239



8.69
%


13,889



3 3.00
%(to average assets)   For CapitalActual


Adequacy PurposesAmount


Ratio


Amount


RatioDecember 31, 2004Total capital


25,300



12.25
%


16,518



3 8.00
%(to risk weighted assets)Tier I capital


22,804



11.04
%


8,259



3 4.00
%(to risk weighted assets)Tier I capital


22,804



8.61
%


10,974



3 3.00
%(to average assets)      68




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
     To be WellCapitalized UnderFor Capital


Prompt CorrectiveActual


Adequacy Purposes


Action ProvisionAmount


Ratio


Amount


Ratio


Amount


Ratio(Dollars in thousands)December 31, 2005Total capital


43,900



11.62
%


30,224



3 8.00
%


37,780



3 10.00
%(to risk weighted assets)Tier I capital


39,595



10.48
%


15,113



3 4.00
%


22,669



3 6.00
%(to risk weighted assets)Tier I capital


39,595



8.88
%


17,836



3 4.00
%


22,294



3 5.00
%(to average assets)   To be WellCapitalized UnderFor Capital


Prompt CorrectiveActual


Adequacy Purposes


Action ProvisionAmount


Ratio


Amount


Ratio


Amount


RatioDecember 31, 2004Total capital


25,300



12.25
%


16,518



3 8.00
%


20,647



3 10.00
%(to risk weighted assets)Tier I capital


22,804



11.04
%


8,259



3 4.00
%


12,388



3 6.00
%(to risk weighted assets)Tier I capital


22,804



8.61
%


10,974



3 4.00
%


13,718



3 5.00
%(to average assets)    69




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   NOTE 19  FAIR
    VALUES OF FINANCIAL INSTRUMENTS
    At December 31,2005


2004Carrying


Estimated


Carrying


EstimatedAmount


Fair Value


Amount


Fair Value(In thousands)Financial Assets:Cash and due from banks

$
14,435


$
14,435


$
7,194


$
7,194Federal funds sold


306



306



4,055



4,055Securities available for sale


73,419



73,419



77,345



77,345Loans, net


338,777



342,318



182,873



182,792FHLB stock


2,395



2,395



1,992



1,992Financial Liabilities:Deposits

$
372,984


$
368,365


$
227,190


$
227,065FHLB advances


36,319



36,094



32,850



33,301Junior subordinated debentures


10,310



10,468







      70




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   NOTE 20  FCB
    BANCORP
    Condensed
    balance sheets
  December 31,2005(In thousands)Cash

$
637Investment in and advances to Bank
    subsidiaries


55,444Investment in nonbank subsidiary


310Other assets


104Total assets

$
56,495Junior subordinated debentures

$
10,310Other liabilities


406Total liabilities


10,716Common stock


32,666Retained earnings


14,063Accumulated other comprehensive
    loss


(950
)Total shareholders equity


45,779Total liabilities and
    shareholders equity

$
56,495   Condensed
    statements of operations
  Year EndedDecember 31,2005(In thousands)Equity in earnings of subsidiaries:Dividends

$
5,216Undistributed


(1,870
)Interest expense


(155
)Other expenses


(53
)Income tax benefit


86Net income

$
3,224  71




---



##### Table of Contents



FCB
    BANCORP and subsidiaries
  Notes to consolidated financial
    statements  (Continued)
   Condensed
    statements of cash flows
  Year EndedDecember 31,2005(In thousands)Net income

$
3,224Adjustments to reconcile net
    income to net cash from operating activities:Equity in undistributed net income
    of subsidiaries


(3,346
)Change in accrued interest
    receivable and other assets


(763
)Change in accrued interest payable
    and other liabilities


406Net cash from operating
    activities


(479
)Cash paid for purchase of nonbank
    subsidiary common stock


(310
)Cash paid, net of cash received
    for net assets of bank subsidiary


(29,585
)Net cash from investing
    activities


(29,895
)Proceeds from issuance of junior
    subordinated debentures


10,310Proceeds from issuance of common
    stock, net


20,701Net cash from financing
    activities


31,011Change in cash and due from banks


637Cash and due from banks, beginning
    of year


Cash and due from banks, end of
    year

$
637Supplemental disclosures none   NOTE 21  QUARTERLY
    FINANCIAL DATA (Unaudited)
    2005 Quarters


2004 Quarters4th


3rd


2nd


1st


4th


3rd


2nd


1st(In thousands, except per share
    data)Net interest income

$
5,209


$
3,567


$
3,359


$
3,102


$
2,937


$
2,882


$
2,828


$
3,009Service charges, fees &
    other income


437



439



359



414



414



414



401



382Loan commissions & sales


107



69



66



102



47



83



71



18Gains on sales of securities










2







70



12







12Operating expenses


3,611



2,727



2,650



2,565



2,322



2,381



2,290



2,416Provision for loan losses


122



122



122



122



104



105



104



104Income before income tax


2,020



1,226



1,014



931



1,042



905



906



901Income tax


764



464



385



354



370



308



317



324Net income

$
1,256


$
762


$
629


$
577


$
672


$
597


$
589


$
577Net earnings per share:Basic weighted average shares

$
0.38


$
0.35


$
0.30


$
0.28


$
0.31


$
0.28


$
0.29


$
0.29Diluted weighted average shares

$
0.38


$
0.35


$
0.30


$
0.27


$
0.31


$
0.27


$
0.28


$
0.28  72




---



##### Table of Contents



Item 9.
    Changes
    in and Disagreements with Accountants on Accounting and
    Financial Disclosures    Item 9A.
    Controls
    and Procedures  Evaluation of Disclosure Controls and
    Procedures: Rule 15d-15(e)
  Changes in Internal Controls:
  Item 9B.
    Other
    Information.    Item 10.
    Directors
    and Executive Officers of the Registrant  Executive
    Officers and Directors
    Name

Age

PositionJohn W. Birchfield


54


Chairman of the BoardRichard D. Aldridge


58


Vice ChairmanTenisha M. Fitzgerald


31


DirectorC. G. Kum


51


Director, President and Chief
    Executive OfficerSyble R. Roberts


69


DirectorThomas Tignino


58


DirectorThomas E. Anthony


57


Executive Vice President and Chief
    Credit OfficerRomolo Santarosa


49


Executive Vice President and Chief
    Financial Officer       Biographical
    Information Regarding Our Executive Officers
  C. G. Kum, President and Chief Executive
    Officer.
 73




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##### Table of Contents



Thomas E. Anthony, Executive Vice President and Chief Credit
    Officer.
    Romolo Santarosa, Executive Vice President and Chief
    Financial Officer.
    Biographical
    Information Regarding Our Directors
  Richard D. Aldridge
   74




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##### Table of Contents



John W. Birchfield
      Tenisha M. Fitzgerald
    Syble R. Roberts
  start-ups
  Thomas Tignino
   75




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##### Table of Contents



Item 11.
    Executive
    Compensation    Long-TermAnnual Compensation


Compensation AwardsOther Annual


Securities Underlying


All OtherName and Title

Year


Salary


Bonus


Compensation(1)


Options


CompensationC. G. Kum,


2005


$
245,000


$
116,074







10,000


$
0President and Chief


2004


$
210,047


$
65,759







9,000


$
0Executive Officer


2003


$
195,000


$
75,000







10,000


$
0Thomas E. Anthony,


2005


$
150,000


$
58,037







5,000


$
0Executive Vice President


2004


$
134,000


$
28,765







4,500


$
0and Chief Credit Officer


2003


$
120,721


$
39,396







5,000


$
0Romolo Santarosa,


2005


$
150,000


$
58,037







5,000


$
0Executive Vice President


2004


$
133,951


$
34,587







4,500


$
0and Chief Financial Officer


2003


$
120,000


$
39,396







1,000


$
0     (1)
    
    Perquisites paid to an executive officer that total less than
    the lesser of $50,000 or 10% of salary and bonus are omitted.  Stock
    Option Grants in Last Fiscal Year
        Individual Grants





Potential RealizableNumber of


Percent of Total








Value at AssumedSecurities


Options








Annual Rates of StockUnderlying


Granted to


Exercise of





Price Appreciation forOptions


Employees in


Base Price


Expiration


Option TermName

Granted(1)


2005


($/Share)


Date


5% ($)


10% ($)C. G. Kum


10,000



29.2
%

$
21.00



2011


$
71,420


$
162,028Thomas Anthony


5,000



14.6
%

$
21.00



2011


$
35,700


$
81,000Romolo Santarosa


5,000



14.6
%

$
21.00



2011


$
35,700


$
81,000     (1)
    
    The options vest and become exercisable in one-third annual
    increments commencing after the third anniversary of the grant
    date. 76




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##### Table of Contents



Stock
    Option Exercises in Last Fiscal Year and Fiscal Year-End Stock
    Option Values
    Number of Securities


Value of UnexercisedUnderlying Unexercised


In-the-Money
    Options atOptions at December 31,
    2005


December 31,
    2005(1)Name

Exercisable


Unexercisable


Exercisable


UnexercisableC. G. Kum


0



19,000



0


$
98,550Thomas E. Anthony


0



9,500



0


$
49,275Romolo Santarosa


0



5,500



0


$
11,475     (1)
    
    Assuming a market value of $20.70 per share on
    December 31, 2005.  2005
    Stock Option Plan
        Administration.
  Eligible Participants.
  Shares Subject to the
    Plan.
  Incentive and Non-Qualified Stock Options.
 77




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##### Table of Contents



Terms and Conditions of Options.
      Exercise of Options.
      Stock Option Agreement.
  Termination of Employment or Affiliation.
   78




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##### Table of Contents



Amendment and Termination of the Plan.
  Adjustments Upon Changes in
    Capitalization.
  Director
    Compensation
      Employment
    Agreements
   79




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##### Table of Contents



Employee
    401(k) Plan
      Board
    Committees
        Personnel
    Committee Interlocks and Insider Participation
   80




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##### Table of Contents



Item 12.
    Security
    Ownership of Certain Beneficial Owners and Management and
    Related Stockholder Matters    
    each person who we know beneficially owns more than five percent
    of our common stock;
    each of our directors;
    each of our Named Executive Officers; and
    all of our directors and executive officers as a group.    c/o FCB
  Number of Shares ofCommon Stock


Percent ofBeneficially Owned(1)


Class(1)Officers and
    Directors:John W. Birchfield(2)


318,553



9.72
%Richard Aldridge(3)


260,740



7.95
%C. G. Kum


27,950



*Thomas E. Anthony


15,222



*Romolo Santarosa


1,500



*Tenisha M. Fitzgerald


39,198



1.20
%Syble R. Roberts


231,754



7.07
%Thomas Tignino


0



0
%All Executive Officers andDirectors as a Group(8 persons)


894,917



27.30
%5% Shareholders:James O. Birchfield(4)


463,275



14.13
%Shareholders Affiliated with
    OZ Management, LLC (5):Fleet Maritime, Inc.


4,715



*OZ Master Fund, Ltd.


200,285



6.11
%Total


205,000



6.25
%Shareholders Affiliated with
    SuNOVA Capital, LP (6):SuNOVA Long Term Opportunity Fund,
    L.P.


14,500



*SuNOVA Offshore Ltd.


123,000



3.75
%SuNOVA Partners, L.P.


67,500



2.06
%Total


205,000



6.25
%Shareholders Affiliated with
    The Banc Funds Company, L.L.C.(7):Banc Fund V L.P.


46,400



1.41
%Banc Fund VI L.P.


76,000



2.31
%Banc Fund VII L.P.


57,450



1.75
%Total


179,850



5.47
%  81




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##### Table of Contents



*
    
    Less than one percent.(1)
    
    Percentage of beneficial ownership is based on
    3,277,807 shares of our common stock outstanding as of
    March 28, 2006. Unless otherwise noted in a footnote to
    this table, the number of shares reflected in the table includes
    shares held by or with such persons spouse (except where
    legally separated) and minor children; shares held by any other
    relative of such person who has the same home; shares held by a
    family trust as to which such person is a trustee with sole
    voting and investment power (or shares power with a spouse);
    shares held as custodian for minor children; or shares held in
    an Individual Retirement Account or pension plan as to which
    such person has pass-through voting rights and investment power.(2)
    
    This figure includes 27,495 shares held by the Shane O.
    Birchfield Trust, of which John W. Birchfield is the sole
    trustee.(3)
    
    This figure includes 29,306 shares held by the Brian J.
    Aldridge Trust, of which Lynda J. Aldridge, the spouse of
    Richard Aldridge, is the sole trustee.(4)
    
    On January 26, 2006, James O. Birchfield resigned as a
    director of our Board of Directors but continues to serve the
    Company as Chairman Emeritus.(5)
    
    C/o OZ Management, LLC, 9 West 57th Street, 39th Floor, New
    York, New York 10019, Attn: Joel M. Frank.(6)
    
    C/o SuNOVA Capital, LP, 780 Third Avenue, 5th Floor, New York,
    New York 10017, Attn: John Frigiola, Chief Financial Officer.(7)
    
    C/o The Banc Funds Company, L.L.C., 208 S. LaSalle Street,
    Suite 1680, Chicago, Illinois 60604, Attn: Terry
    Murphy.  Securities
    Authorized for Issuance Under Equity Compensation
    Plans
    Item 13.
    Certain
    Relationships and Related Transactions           82




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##### Table of Contents



Item 14.
    Principal
    Accounting Fees and Services  Independent
    Auditor Fees
    Audit Fees: Form 10-Q,
  Audit-Related Fees:
  Tax Fees:
    All Other Fees:
  Pre-Approval Policies and Procedures:
 83




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##### Table of Contents



PART IV  Item 15.
    Exhibits,
    Financial Statement Schedules  The following consolidated financial statements
    of FCB Bancorp are filed as part of this Annual Report.
  Report of Independent Registered
    Public Accounting Firm


45Consolidated Balance Sheets as of
    December 31, 2005 and 2004


46Consolidated Income Statements for
    each of the three years in the period ended December 31,
    2005


48Consolidated Statements of
    Stockholders Equity for each of the three years ended in
    the period ended December 31, 2005


48Consolidated Statements of Cash
    Flows for each of the three years in the period ended
    December 31, 2005


49Notes to Consolidated Financial
    Statements


50
   Financial Statement Schedules
    Exhibits. The following is a list of exhibits
    filed as a part of this Annual Report.
  ExhibitNumber

Exhibit Title2


Plan of Reorganization and Merger
    Agreement, dated May 19, 2005, by and between First
    California Bank, FCB Merger Corp. and FCB Bancorp, (filed as
    Exhibit A to the Proxy Statement/Prospectus included in the
    Registrants Pre-Effective Amendment No. 3 to the
    Registration Statement on
    Form S-4
    filed with the Securities and Exchange Commission on
    September 8, 2005 and incorporated herein by this reference)3
.1

Articles of Incorporation, as
    amended, of FCB Bancorp(2)3
.2

Bylaws of FCB Bancorp(2)4
.1

Indenture governing FCB
    Bancorps Fixed/Floating Rate Junior Subordinated
    Deferrable Interest Debentures Due September 2035, dated
    September 30, 2005, between FCB Bancorp, as issuer, and
    Wilmington Trust Company, as trustee(3)4
.2

Amended and Restated Declaration
    of Trust, dated September 30, 2005, by and among Wilmington
    Trust Company, as Delaware trustee and as institutional trustee,
    FCB Bancorp, as sponsor, and C. G. Kum and Romolo Santarosa, as
    administrators(3)10
.1

FCB Bancorp 2005 Stock Option
    Plan(2)10
.2

Form of FCB Bancorp Stock Option
    Agreement(2)10
.3

Form of FCB Bancorp Indemnity
    Agreement(2)10
.4

Salary Continuation Agreement,
    dated March 27, 2003, with C. G. Kum(2)10
.5

Split Dollar Agreement, dated
    March 27, 2003, with C. G. Kum(2)10
.6

Salary Continuation Agreement,
    dated March 27, 2003, with Thomas E. Anthony(2)10
.7

Split Dollar Agreement, dated
    March 27, 2003, with Thomas E. Anthony(2)10
.8

Agreement and Plan of
    Reorganization, by and among First California Bancorp, SCB
    Merger Corp., First California Bank, South Coast Bancorp, Inc.
    and South Coast Commercial Bank, dated February 2, 2005(2)10
.9

Form of Common Stock Subscription
    Agreement(2)10
.10

Private Placement Agency
    Agreement, dated May 26, 2005, among FCB Bancorp, First
    California Bank and Keefe, Bruyette & Woods, Inc.(2) 84




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##### Table of Contents



ExhibitNumber

Exhibit Title10
.11

Form of Registration Rights
    Agreement(2)10
.12

Guarantee Agreement, dated
    September 30, 2005, by and between FCB Bancorp, as
    guarantor, and Wilmington Trust Company, as guarantee trustee(3)11
.1

Statement re: Computation of Per
    Share Earnings (See Note 11 to Consolidated Financial
    Statements contained in Item 8. Financial Statements
    and Supplementary Data of this Annual Report on Form
    10-K).12
.1

Statement re: Computation of
    Ratios (See Item 6 Selected Financial Data of
    this Annual Report on
    Form 10-K).21
.1

List of Subsidiaries of
    Registrant(1)23
.1

Consent of Independent Registered
    Public Accounting Firm(1)24
.1

Power of Attorney (included on
    signature page).31
.1

Certification of Chief Executive
    Officer Pursuant to Section 302 of the Sarbanes-Oxley Act
    of 2002(1)31
.2

Certification of Chief Financial
    Officer Pursuant to Section 302 of the Sarbanes-Oxley Act
    of 2002(1)32
.1

Certification Pursuant to
    Section 906 of the Sarbanes-Oxley Act of 2002(1)     (1)
    
    Filed herewith.(2)
    
    Incorporated herein by reference to the Registrants
    Pre-Effective Amendment No. 2 to the Registration Statement
    on
    Form S-4
    filed with the Securities and Exchange Commission on
    September 1, 2005.(3)
    
    Incorporated herein by reference to the Registrants
    Form 8-K
    filed with the Securities and Exchange Commission on
    October 27, 2005.  Exhibits
  Excluded Financial Statements
 85




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##### Table of Contents



SIGNATURES                   Signature

Title

Date/s/  Richard
    D. AldridgeRichard
    D. Aldridge

Vice Chairman

March 30, 2006/s/  John
    W. BirchfieldJohn
    W. Birchfield

Chairman of the Board

March 30, 2006/s/  Tenisha
    M. FitzgeraldTenisha
    M. Fitzgerald

Director

March 30, 2006/s/  C.
    G. KumC.
    G. Kum

Director, President and Chief
    Executive Officer (Principal Executive Officer)

March 30, 2006/s/  Syble
    R. RobertsSyble
    R. Roberts

Director

March 30, 2006/s/  Romolo
    SantarosaRomolo
    Santarosa

Executive Vice President and
    Chief Financial Officer
    (Principal Financial Officer and Principal Accounting Officer)

March 30, 2006/s/  Thomas
    TigninoThomas
    Tignino

Director

March 30, 2006  86