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: March 1, 2002

Hemet Bancorp

(Exact Name of Registrant as Specified in Its Charter)


California		91-2155043

(State of Incorporation or Organization)		(I.R.S. Employer Identification No.)

3715 Sunnyside Drive, Riverside, California		92506

(Address of Principal Executive Offices)		(Zip Code)

(909) 784-7771

(Registrant’s Telephone Number, Including Area Code)

TABLE OF CONTENTS


	ITEM 5. OTHER EVENTS
	ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURES
EXHIBIT 99.1

ITEM 5. OTHER EVENTS

On March 1, 2002 the Registrant issued a press release announcing its intention to qualify Hemet Bancorp as an S Corporation. The press release is included as Exhibit 99.1 to this filing.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

(c)

Exhibits


99.1		Press Release announcing its intention to qualify Hemet Bancorp as an S Corporation.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Hemet Bancorp has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	HEMET BANCORP

March 1, 2002	By:	/s/ James B. Jaqua

		James B. Jaqua Chief Executive Officer

Table of Contents

Table of Contents

HEMET BANCORP 8-K