-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GYAtIuD3A8ucrFWobDrvDQNL9ihmvzpAOaOimtX48hGy41tZSZuMyID2R0BRIYzu ceXG1bNyRX/yXWImrmBIZA== 0001056520-10-000214.txt : 20100624 0001056520-10-000214.hdr.sgml : 20100624 20100623183725 ACCESSION NUMBER: 0001056520-10-000214 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100624 DATE AS OF CHANGE: 20100623 GROUP MEMBERS: JEFFERY D. GOW GROUP MEMBERS: STEVE WASSON FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CRESCENT CAPITAL VI LLC CENTRAL INDEX KEY: 0001276514 IRS NUMBER: 912081553 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 11624 SE 5TH ST STREET 2: SUITE 200 CITY: BELLEVUE STATE: WA ZIP: 98005 BUSINESS PHONE: 5255867700 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COWLITZ BANCORPORATION CENTRAL INDEX KEY: 0000894267 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 911529841 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-56847 FILM NUMBER: 10913479 BUSINESS ADDRESS: STREET 1: 927 COMMERCE AVE CITY: LONGVIEW STATE: WA ZIP: 98632 BUSINESS PHONE: 2064239800 MAIL ADDRESS: STREET 1: 927 COMMERCE AVENUE CITY: LONGVIEW STATE: WA ZIP: 98632 SC 13D/A 1 sch13damend14june232010.htm AMENDED SCHEDULE 13D Sch 13 amended 14 June





UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION

 Washington, D.C. 20549

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No. 14)*

Cowlitz Bancorporation

(Name of Issuer)

 

Common Stock, no par value

(Title of Class of Securities)

 

223767

(CUSIP Number)

 

Jeffery D. Gow

11624 S.E. 5th Street, Suite 200

Bellevue, WA  98005

(425) 586-7700

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

 

June 18, 2010

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o


Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See §240.13d-7 for other parties to whom copies are to be sent.


*  The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.


The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).  

 









CUSIP No.  223767

1

Names of Reporting Persons  

I.R.S Identification Nos. of above persons (entities only).

Crescent Capital VI, L.L.C.     


2

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

(a) [   ]

(b) [X]

3

SEC Use Only

4

Source of Funds (See Instructions)

WC, OO

5

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

?

6

Citizenship or Place of Organization

State of Washington

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

7

Sole Voting Power

  

76,300 *

8

Shared Voting Power

0

9

Sole Dispositive Power

 76,300*

10

Shared Dispositive Power

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

76,300*

12

Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)

[   ]

13

Percent of Class Represented by Amount in Row (11)

14.8%**

14

Type of Reporting Person (See Instructions)

OO


*  Crescent Capital VI, L.L.C., a Washington limited liability company (“Crescent”), owns 76,300  shares of the Issuer’s Common Stock. Steve Wasson individually owns 100 shares of the Issuer’s Common Stock.  Crescent does not have any voting or dispositive power over Mr. Wasson’s shares and hereby disclaims beneficial ownership of the shares owned by Mr. Wasson.


** The calculation is based on a total of 514,638 shares of Common Stock outstanding as of April 30, 2010, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on May 17, 2010.



 






 

CUSIP No.  223767

1

Names of Reporting Persons  I.R.S Identification Nos. of above persons (entities only).

Jeffery D. Gow

2

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

(a) [   ]

(b) [X]

3

SEC Use Only

4

Source of Funds (See Instructions)

WC, OO

5

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

?

6

Citizenship or Place of Organization

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

7

Sole Voting Power

76,300*

8

Shared Voting Power

0

9

Sole Dispositive Power

76,300*

10

Shared Dispositive Power

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

76,300*

12

Check if the Aggregate Amount In Row (11) Excludes Certain Shares (See Instructions)

[  ]

13

Percent of Class Represented By Amount In Row (11)

14.8%**

14

Type Of Reporting Person (See Instructions)

IN


*  Crescent Capital VI, L.L.C., a Washington limited liability company (“Crescent”), owns 76,300 shares of the Issuer’s Common Stock.  Steve Wasson individually owns 100 shares of the Issuer’s Common Stock.  Crescent does not have any voting or dispositive power over Mr. Wasson’s shares and hereby disclaims beneficial ownership of the shares owned by Mr. Wasson.

 

** The calculation is based on a total of 514,638 shares of Common Stock outstanding as of April 30, 2010 , as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on May 17, 2010.



 







CUSIP No.  223767

1

Names of Reporting Persons  I.R.S Identification Nos. of above persons (entities only).

Steve Wasson

2

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

(a) [   ]

(b) [X]

3

SEC Use Only

4

Source of Funds (See Instructions)

PF

5

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

?

6

Citizenship or Place of Organization

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH

7

Sole Voting Power

100*

8

Shared Voting Power

0

9

Sole Dispositive Power

100*

10

Shared Dispositive Power

0

11

Aggregate Amount Beneficially Owned by Each Reporting Person

100*

12

Check if the Aggregate Amount In Row (11) Excludes Certain Shares (See Instructions)

[  ]

13

Percent of Class Represented By Amount In Row (11)

0.0%**

14

Type Of Reporting Person (See Instructions)

IN


*  Crescent Capital VI, L.L.C., a Washington limited liability company (“Crescent”), owns 76,300 shares of the Issuer’s Common Stock.  Steve Wasson individually owns 100 shares of the Issuer’s Common Stock.  Crescent does not have any voting or dispositive power over Mr. Wasson’s shares and hereby disclaims beneficial ownership of the shares owned by Mr. Wasson.

** The calculation is based on a total of 514,638 shares of Common Stock outstanding as of April 30, 2010, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on May 17, 2010.



 







Explanatory Note


This Schedule 13D, as amended (“Schedule 13D”), relates to shares of Common Stock, no par value  (“Common Stock”), of Cowlitz Bancorporation, a Washington corporation (the “Issuer”).  This statement is being filed by Crescent Capital VI, L.L.C., a limited liability company organized under the laws of the State of Washington (“Crescent”), Jeffery D. Gow, an individual (“Gow”), and Steve Wasson, an individual (“Wasson”).  Crescent, Gow, and Wasson are hereinafter sometimes referred to together as the “Reporting Persons”.  The share numbers reported as owned by the Reporting Persons in this amendment have been adjusted to reflect a 1:10 reverse split effective 3/2/2010.


Item 5.

Interest in Securities of the Issuer


(a)  The calculation below is based on a total of 514,638 shares of Common Stock outstanding as of April 30, 2010, as reported by the Issuer in its Form 10-Q filed with the Securities and Exchange Commission on May 17, 2010.  


After the sales described in paragraph (c) below, Crescent owned 76,300 shares of common stock of the Issuer, representing 14.8% of the Issuer’s outstanding common stock.  


Mr. Wasson owns 100 shares of common stock of the Issuer.  


(b)  Crescent has sole voting power and power of disposition over the 76,300 shares of Common Stock that it beneficially owns.  As the managing member of Crescent, Gow has the authority to exercise such voting power and power of disposition on behalf of Crescent.  Wasson has sole voting power and power of disposition over the 100 shares of common stock that he owns.  


(c)  During the period April 18, 2010 through June 18, 2010, Crescent sold a total of 74,536 shares of Common Stock on the dates and at the prices set forth as follows:  


Date of Sale

Number of Shares

Price per Share

 

 

 

June 18, 2010

71,936

$5.8712

June 18, 2010

2,600

$5.2749


The sales were made in open market transactions.


(d)  None.


(e)  Not applicable.












Signatures


After reasonable inquiry and to the best of the knowledge and belief of the undersigned, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.


 

Dated: June 23, 2010

 

 

Crescent Capital VI, L.L.C.

 

 

 

 

 

By:

/s/ Jeffery D. Gow

 

 

Name:  Jeffery D. Gow

 

 

Title:  Managing Member

 

 

 

 

 

/s/ Jeffery D. Gow

Jeffery D. Gow

 

 

 

 

 

 

 

 

/s/ Steve Wasson

 

 

Steve Wasson

 

 

 

 






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