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UNITED STATES OMB APPROVAL
SECURITIES AND EXCHANGE COMMISSION ------------------------------
Washington, D.C. 20549 OMB Number 3235-0145
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Expires: December 31, 2005
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Estimated average burden
hours per response . . . 11
INITIAL SCHEDULE 13G
Under the Securities Exchange Act of 1934
Placer Sierra Bancshares
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
726079106
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(CUSIP Number)
August 31, 2005
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|x| Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
*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 the
disclosures provided in a prior cover page.
The information required in 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).
PAGE 1 OF 9 PAGES
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CUSIP No. 726079106 13G Page 2 of 9 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only).
Manulife Financial Corporation
I.R.S. No.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
N/A
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
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5 SOLE VOTING POWER
-0-
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Number of 6 SHARED VOTING POWER
Shares
Beneficially -0-
Owned by --------------------------------------------------------
Each 7 SOLE DISPOSITIVE POWER
Reporting
Person -0-
With --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None, except through its indirect, wholly-owned subsidiaries, MFC
Global Investment Management (U.S.A.) Limited, John Hancock Advisers,
LLC and Independence Investments, LLC
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
See line 9, above
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12 TYPE OF REPORTING PERSON*
HC
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 2 OF 9 PAGES
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CUSIP No. 726079106 13G Page 3 of 9 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only).
MFC Global Investment Management (U.S.A.) Limited
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
N/A
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Canada
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5 SOLE VOTING POWER
-0-
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Number of 6 SHARED VOTING POWER
Shares
Beneficially 498
Owned by --------------------------------------------------------
Each 7 SOLE DISPOSITIVE POWER
Reporting
Person -0-
With --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
498
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
498
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
.003%
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12 TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 3 OF 9 PAGES
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CUSIP No. 726079106 13G Page 4 of 9 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only).
Independence Investments, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
N/A
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
1,196,500
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Number of 6 SHARED VOTING POWER
Shares
Beneficially -0-
Owned by --------------------------------------------------------
Each 7 SOLE DISPOSITIVE POWER
Reporting
Person 1,196,500
With --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,196,500
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.9%
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12 TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 4 OF 9 PAGES
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CUSIP No. 726079106 13G Page 5 of 9 Pages
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only).
John Hancock Advisers, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |_|
N/A
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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5 SOLE VOTING POWER
319,500
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Number of 6 SHARED VOTING POWER
Shares
Beneficially -0-
Owned by --------------------------------------------------------
Each 7 SOLE DISPOSITIVE POWER
Reporting
Person 319,500
With --------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
319,500
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
2.1%
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12 TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
PAGE 5 OF 9 PAGES
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001)
Item 1(a) Name of Issuer:
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Placer Sierra Bancshares
Item 1(b) Address of Issuer's Principal Executive Offices:
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525 J Street
Sacramento, California 95814
Item 2(a) Name of Person Filing:
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This filing is made on behalf of Manulife Financial
Corporation ("MFC"), and MFC's indirect, wholly-owned
subsidiaries Independence Investments, LLC ("IIA") and
John Hancock Advisers LLC ("JHA"), and MFC Global
Investment Management (U.S.A.) Limited ("MFC Global").
Item 2(b) Address of the Principal Offices:
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The principal business offices of MFC and MFC Global are
located at 200 Bloor Street, East, Toronto, Ontario,
Canada, M4W 1E5; IIA is located at 53 State Street,
Boston, MA 02109 and JHA is located at 601 Congress
Street, Boston, Massachusetts 02210.
Item 2(c) Citizenship:
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MFC and MFC Global are organized and exist under the laws
of Canada. IIA and JHA are organized and exist under the
laws of the State of Delaware.
Item 2(d) Title of Class of Securities:
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Common Stock
Item 2(e) CUSIP Number:
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726079106
Item 3 If the Statement is being filed pursuant to Rule 13d-1(b),
or 13d-2(b), check whether the person filing is a:
MFC: (e) (X) Parent Holding Company, in accordance
with ss.240.13d-1(b)(ii)(G).
JHA: (e) (X) Investment Adviser registered under
ss.203 of the Investment Advisers Act
of 1940.
IIA: (e) (X) Investment Adviser registered under
ss.203 of the Investment Advisers Act
of 1940.
MFC Global: (e) (X) Investment Adviser registered under
ss.203 of the Investment Advisers Act
of 1940.
Item 4 Ownership:
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(a) Amount Beneficially Owned:
MFC Global has indirect beneficial ownership of 498
shares of Common Stock, JHA has indirect beneficial
ownership of 319,500 shares of Common Stock and IIA
has indirect beneficial ownership of 1,196,500 shares
of Common Stock. Through its parent-subsidiary
relationship to IIA, JHA, and MFC Global, MFC may be
deemed to have indirect, beneficial ownership of all
of the shares held by these entities.
PAGE 6 OF 9 PAGES
(b) Percent of Class:
Of the 14,956,529 shares outstanding as of August
8, 2005 according to the issuer's quarterly report
on form 10-Q for the period ended June 30, 2005,
MFC Global held .003%, IIA held 7.9% and JHA held
2.1%.
(c) Number of shares as to which the person has:
(i) sole power to vote or to direct the vote:
IIA and JHA each has sole power to dispose
or to direct the disposition of the shares
of Common Stock directly beneficially owned
by each of them. JHA has sole power to
dispose or to direct the disposition of the
shares of Common Stock deemed beneficially
owned by it pursuant to an advisory
agreement.
(ii) shared power to vote or to direct the vote:
MFC Global has shared power to vote or to
direct the voting of the shares it
beneficially owns.
(iii) sole power to dispose or to direct the
disposition of:
IIA and JHA each has sole power
to dispose or to direct the disposition of
the shares of Common Stock directly
beneficially owned by each of them. JHA has
sole power to dispose or to direct the
disposition of the shares of Common Stock
deemed beneficially owned by it pursuant to
an advisory agreement.
(iv) shared power to dispose or to direct the
disposition of:
MFC Global has shared power to dispose or to
direct the disposition of the shares it
beneficially owns.
Item 5 Ownership of Five Percent or Less of a Class:
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Not applicable.
Item 6 Ownership of More than Five Percent on Behalf of Another
Person:
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Not applicable.
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent
Holding Company:
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See Items 3 and 4 above.
Item 8 Identification and Classification of Members of the Group:
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Not applicable.
Item 9 Notice of Dissolution of a Group:
---------------------------------
Not applicable.
Item 10 Certification:
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By signing below the undersigned certifies that, to the
best of its knowledge and belief, the securities referred
to above were acquired and are held in the ordinary course
of business and were not acquired and are not held for the
purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not
acquired and are not held in connection with or as a
participant in any transaction having that purpose or
effect.
PAGE 7 OF 9 PAGES
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief, each
of the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Manulife Financial Corporation
By: /s/ Christer V. Ahlvik
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Name: Christer V. Ahlvik
Title: Vice President and
Dated: September 12, 2005 Corporate Secretary
John Hancock Advisers, LLC
By: Al Ouellette
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Name: Al Ouellette
Title: Assistant Vice President and
Dated: September 12, 2005 Senior Counsel
Independence Investments, LLC
By: /s/ Patti Thompson
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Name: Patti Thompson
Dated: September 12, 2005 Title: Chief Compliance Officer
MFC global Investment Management (U.S.A.) Limited
By: /s/ Gordon Pansegrau
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Name: Gordon Pansegrau
Dated: September 12, 2005 Title: General Counsel, Secretary and
Chief Compliance officer
PAGE 8 OF 9 PAGES
EXHIBIT A
JOINT FILING AGREEMENT
Manulife Financial Corporation, Independence Investments, LLC, John Hancock
Advisers, LLC and MFC Global Investment Management (U.S.A.) Limited agree that
the Initial Schedule 13G to which this Agreement is attached, relating to the
Common Stock of Placer Sierra Bancshares is filed on behalf of each of them.
Manulife Financial Corporation
By: /s/ Christer V. Ahlvik
----------------------
Name: Christer V. Ahlvik
Title: Vice President and
Dated: September 12, 2005 Corporate Secretary
John Hancock Advisers, LLC
By: Al Ouellette
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Name: Al Ouellette
Title: Assistant Vice President and
Dated: September 12, 2005 Senior Counsel
Independence Investments, LLC
By: /s/ Patti Thompson
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Name: Patti Thompson
Dated: September 12, 2005 Title: Chief Compliance Officer
MFC Global Investment Management (U.S.A.) Limited
By: /s/ Gordon Pansegrau
--------------------
Name: Gordon Pansegrau
Dated: September 12, 2005 Title: General Counsel, Secretary and
Chief Compliance officer
PAGE 9 OF 9 PAGES