content: 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): July 31, 2003
  
  
                            Sutter Holding Company, Inc.
  
               (Exact name of registrant as specified in its charter)
  
  
  
          Delaware                     1-15733                    59-2651232
       (State or other              (Commission                (I.R.S. Employer
  jurisdiction of incorporation)    File Number)               Identification No.)
  
  
                             150 Post Street, Suite 405
                           San Francisco, California 94108
  
                 (Address of principal executive offices) (zip code)
  
                                   (415) 788-1441
                (Registrant's telephone number, including area code)
  
  
  
           (Former name or former address, if changed since last report.)
  
  
  
  
  
  
  <PAGE>
  
  Item 2.       Acquisition or Disposition of Assets
  
  
  On July 18, 2003, we entered into a Securities Exchange Agreement by and between
  Sutter Holding Company, Inc. ("Sutter"), Anza Capital, Inc. ("Anza"), and
  American Residential Funding, Inc. ("AMRES") (the "Agreement"). The purpose of
  the Agreement is to acquire an investment in AMRES and Anza to diversify and
  expand our assets. On July 31, 2003, the closing date under the Agreement, we
  issued 66,496 shares of our common stock (the "Sutter Shares") as consideration
  for the issuance by AMRES to us of One Million (1,000,000) shares of newly
  created AMRES Series A Preferred Stock (the "AMRES Preferred Stock"). As
  additional consideration for the Sutter Shares, Anza issued to us warrants to
  acquire One Million (1,000,000) shares of Anza common stock (the "Anza
  Warrants") exercisable as described below. Anza's common stock is traded on the
  over-the-counter bulletin board under the ticker symbol "AZAC."
  
  
  As the holder of AMRES Preferred Stock, we are entitled to receive from AMRES a
  cumulative ten percent (10%) annual dividend, payable yearly. In addition, the
  AMRES Preferred Stock has a liquidation preference of $0.80 per share. The AMRES
  Preferred Stock is not convertible, callable, or redeemable, and does not have
  any voting rights.
  
  
  The Anza Warrants are exercisable beginning one year from the closing date under
  the Agreement, and for a period of four years thereafter. The warrants can only
  be exercised by delivering one share of AMRES Preferred Stock for each share of
  Anza common stock to be acquired pursuant to the exercise.
  
  
  Under the terms of the Agreement, if during the first twelve (12) months
  following the closing date under the Agreement, the market value of the Sutter
  Shares drops below $800,000 during the thirty (30) days before the end of each
  of Anza's fiscal quarters, then we will issue to Anza additional shares of our
  common stock. Either party may rescind the Agreement on ninety (90) days written
  notice up until the date which is 275 days after the closing date. Finally,
  AMRES and Sutter have each executed an Irrevocable Proxy granting for a period
  of two years all voting rights in the Sutter Shares to the Board of Directors of
  Sutter and all voting rights in the shares of Anza common stock which may be
  acquired upon exercise of the Anza Warrants to the Board of Directors of Anza.
  
  
  Item 7.           Financial Statements and Exhibits
  
  (3)      Exhibits
  
  
  Item No.    Description
  4.1         Warrant dated July 31, 2003
  4.2         Certificate of Designation of Series A Preferred Stock of American
              Residential Funding, Inc.
  9.1         Irrevocable Proxy regarding Sutter Common Stock
  9.2         Irrevocable Proxy regarding Anza Common Stock
  10.1        Securities Exchange Agreement dated July 18, 2003
  
  
  
  
                                     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.
  
  
  
  
  Dated: August 5, 2003             SUTTER HOLDING COMPANY, INC
  
                                    By: s/ ROBERT E. DIXON
                                        ------------------
                                           Robert E. Dixon,
                                          Co-Chief Executive Officer
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "sutterholdco8k.txt", "description": "INITIAL FILING", "secsgml_size_bytes": 4458}]
metadata_filer: {"company-data": {"conformed-name": "SUTTER HOLDING CO INC", "cik": "0001100202", "assigned-sic": "6211", "irs-number": "753111137", "state-of-incorporation": "DE", "fiscal-year-end": "0131"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-15733", "film-number": "03825820"}, "business-address": {"street1": "150 POST ST", "street2": "SUITE 405", "city": "SAN FRANCISCO", "state": "CA", "zip": "94108", "phone": "4157881441"}, "mail-address": {"street1": "150 POST ST", "street2": "SUITE 405", "city": "SAN FRANCISCO", "state": "CA", "zip": "94108"}, "former-company": {"former-conformed-name": "SHOCHET HOLDING CORP", "date-changed": "19991201"}}
text: 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): July 31, 2003
  
                            Sutter Holding Company, Inc.
  
               (Exact name of registrant as specified in its charter)
  
          Delaware                     1-15733                    59-2651232
       (State or other              (Commission                (I.R.S. Employer
  jurisdiction of incorporation)    File Number)               Identification No.)
  
                             150 Post Street, Suite 405
                           San Francisco, California 94108
  
                 (Address of principal executive offices) (zip code)
  
                                   (415) 788-1441
                (Registrant's telephone number, including area code)
  
           (Former name or former address, if changed since last report.)
  Item 2.       Acquisition or Disposition of Assets
  
  On July 18, 2003, we entered into a Securities Exchange Agreement by and between
  Sutter Holding Company, Inc. ("Sutter"), Anza Capital, Inc. ("Anza"), and
  American Residential Funding, Inc. ("AMRES") (the "Agreement"). The purpose of
  the Agreement is to acquire an investment in AMRES and Anza to diversify and
  expand our assets. On July 31, 2003, the closing date under the Agreement, we
  issued 66,496 shares of our common stock (the "Sutter Shares") as consideration
  for the issuance by AMRES to us of One Million (1,000,000) shares of newly
  created AMRES Series A Preferred Stock (the "AMRES Preferred Stock"). As
  additional consideration for the Sutter Shares, Anza issued to us warrants to
  acquire One Million (1,000,000) shares of Anza common stock (the "Anza
  Warrants") exercisable as described below. Anza's common stock is traded on the
  over-the-counter bulletin board under the ticker symbol "AZAC."
  
  As the holder of AMRES Preferred Stock, we are entitled to receive from AMRES a
  cumulative ten percent (10%) annual dividend, payable yearly. In addition, the
  AMRES Preferred Stock has a liquidation preference of $0.80 per share. The AMRES
  Preferred Stock is not convertible, callable, or redeemable, and does not have
  any voting rights.
  
  The Anza Warrants are exercisable beginning one year from the closing date under
  the Agreement, and for a period of four years thereafter. The warrants can only
  be exercised by delivering one share of AMRES Preferred Stock for each share of
  Anza common stock to be acquired pursuant to the exercise.
  
  Under the terms of the Agreement, if during the first twelve (12) months
  following the closing date under the Agreement, the market value of the Sutter
  Shares drops below $800,000 during the thirty (30) days before the end of each
  of Anza's fiscal quarters, then we will issue to Anza additional shares of our
  common stock. Either party may rescind the Agreement on ninety (90) days written
  notice up until the date which is 275 days after the closing date. Finally,
  AMRES and Sutter have each executed an Irrevocable Proxy granting for a period
  of two years all voting rights in the Sutter Shares to the Board of Directors of
  Sutter and all voting rights in the shares of Anza common stock which may be
  acquired upon exercise of the Anza Warrants to the Board of Directors of Anza.
  
  Item 7.           Financial Statements and Exhibits
  
  (3)      Exhibits
  
  Item No.    Description
  4.1         Warrant dated July 31, 2003
  4.2         Certificate of Designation of Series A Preferred Stock of American
              Residential Funding, Inc.
  9.1         Irrevocable Proxy regarding Sutter Common Stock
  9.2         Irrevocable Proxy regarding Anza Common Stock
  10.1        Securities Exchange Agreement dated July 18, 2003
  
                                     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.
  
  Dated: August 5, 2003             SUTTER HOLDING COMPANY, INC
  
                                    By: s/ ROBERT E. DIXON
                                        ------------------
                                           Robert E. Dixon,
                                          Co-Chief Executive Officer