- Current report filing (8-K)

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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) January 29, 2009
NORTH VALLEY BANCORP
(Exact name of registrant as specified in its charter)
California
(State or other jurisdiction of incorporation)

0-10652			94-2751350
(Commission File Number)			(IRS Employer Identification No.)

300 Park Marina Circle, Redding, CA 96001
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: [phone]

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 (see General Instruction A.2. below):

o	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 2.02. Results of Operations and Financial Condition

          On February 2, 2009, the Registrant (North Valley Bancorp) issued a press release announcing fourth quarter and full year of 2008 earnings. A copy of the Press Release is attached hereto as Exhibit 99.165 and is hereby incorporated by reference.

Item 8.01. Other Events

          On January 29, 2009, the Board of Directors of the registrant decided to suspend indefinitely the payment of cash dividends on its common stock. Reference should be made to Item 2.02 of this Report and the Press Release dated February 2, 2009, attached to this report as Exhibit 99.165.

Item 9.01. Financial Statements and Exhibits

	(c) Exhibits
	99.165          Press Release dated February 2, 2009

SIGNATURE

          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.

	NORTH VALLEY BANCORP
Dated: February 2, 2009	By:	/s/ Kevin R. Watson
		Kevin R. Watson
		Executive Vice President
		Chief Financial Officer

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