RW 1 svb110411s1wr.htm REQUEST FOR WITHDRAWAL



November 4, 2011




U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, DC 20549-4561


Re: South Valley Bancorp, Inc.

Registration Statement on Form S-1

Filed July 29, 2011

Amended September 28, 2011

File No. 333-175915

Request for Withdrawal


Ladies and Gentlemen:


Pursuant to Rule 477 promulgated under the Securities Act of 1933, as amended (the “Securities Act”), South Valley Bancorp, Inc. (the “Company”) respectfully requests the withdrawal of its registration statement on Form S-1 (File No. 333-175915), filed with the Securities and Exchange Commission (the “Commission”) on July 29, 2011, together with all exhibits and amendments thereto (collectively, the “Registration Statement”).


The Company is seeking withdrawal of the Registration Statement because current market conditions make proceeding with this offering unattractive. No securities have been sold with respect to the offering contemplated by the Registration Statement. The Company may undertake a subsequent private offering in reliance on Rule 155(c) under the Securities Act.


The Company requests that the Commission issue an order granting the withdrawal of the Registration Statement as soon as possible. Please send a copy of such order to Andrew H. Ognall, counsel to the Company, at the following fax number: (503)-778-2200. In accordance with Rule 457(p) under the Securities Act, the Company also requests that all fees paid to the Commission in connection with the filing of the Registration Statement be credited to the Company’s account for future use.


Should you have any questions, please contact Andrew H. Ognall at (503) 778-2169.




/s/Loren L. Lawrie

Loren L. Lawrie

Chief Financial Officer