UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) ~~November~~December 1317, 2009

PACIFIC COAST NATIONAL BANCORP

(Exact name of registrant as specified in its charter)

California	000-51960	61-1453556
(State or other jurisdiction	(Commission File No.)	(IRS Employer
jurisdiction of incorporation)		Identification Number)

905 Calle Amanecer, San Clemente, California		92673
(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code: (949) 361-4300

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

9	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

9	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

9	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

9	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.03 Bankruptcy or Receivership

On December ~~November 13~~17, 2009, (the “Petition Date”), Pacific Coast National Bancorp ~~Bank~~ (the ~~“Bank”~~"Company"), ~~the~~filed ~~sole~~a ~~operating~~voluntary ~~subsidiary~~petition to liquidate its assets under Chapter 7 of ~~Pacific~~Title ~~Coast~~11 ~~National~~of ~~Bancorp~~the United States Code (the “~~Company~~Bankruptcy Code”), ~~was~~in ~~closed by~~ the ~~Office~~United ofStates ~~the~~Bankruptcy ~~Comptroller~~Court, ofCentral ~~the~~District ~~Currency~~of California, ~~and~~Santa ~~the~~Ana ~~Federal~~Division, ~~Deposit~~Case ~~Insurance~~No. ~~Corporation~~09-24059 (the “~~FDIC~~Chapter 7 Case”). The ~~was~~trustee appointed asin ~~receiver of~~the Company’s Chapter 7 Case to liquidate the Company ~~Bank~~is Mr. Richard Marshack.

AsIn ~~indicated in~~ the Schedules ~~press~~of ~~release~~Assets ~~dated~~and ~~November~~Liabilities ~~13,~~filed ~~2009 issued~~ by the ~~FDIC,~~Company ~~subsequent~~concurrently towith the Chapter ~~closure,~~7 ~~Sunwest Bank~~petition, ~~Tustin,~~the ~~California~~Company ~~(“Sunwest~~reported ~~Bank”)~~that, ~~assumed~~as ~~all~~ of the ~~deposits~~Petition ofDate, ~~the~~its total ~~Bank~~assets ~~and~~were ~~purchased~~approximately ~~essentially~~$1,400 ~~all~~and ofits ~~the~~total ~~Bank’s~~liabilities ~~assets~~were approximately in$4.1 ~~a transaction facilitated by the FDIC~~million.

On November 16, 2009, the two branch offices of the Bank reopened as branches of Sunwest Bank. Customers who have questions about the foregoing matters, or who would like more information about the closure of the Bank, can visit the FDIC’s Internet website located at http://www.fdic.gov/bank/individual/failed/pacificcoastnatl.html or call the FDIC toll-free at 1-800-913-3067.

Item 8.01 Other Events

As of November 16, 2009: (i) the Company’s assets, excluding its investment in the Bank, which investment is expected to be written off completely, consisted solely of approximately $1 thousand in cash; and (ii) the Company’s liabilities consisted solely of approximately $12 thousand of intercompany indebtedness owed to the Bank.

SIGNATURES

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

PACIFIC COAST NATIONAL BANCORP

	PACIFIC COAST NATIONAL BANCORP



Date: December 22, 2009	By:	/s/ Bob R. Adkins
		Bob R. Adkins
		Acting President and Chief Executive Officer

Date: November 17, 2009	By:	/s/ Bob R. Adkins
		Bob R. Adkins
		Acting President and Chief Executive Officer

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