Under the Securities Exchange Act of 1934
(Amendment No. 5)*

(Name of Issuer)

(Title of Class of Securities)

(CUSIP Number)

John M. Eggemeyer, III

6051 El Tordo

Rancho Santa Fe, CA 92067

(858) 756-8300

with a copy to:

William R. Moody

c/o Castle Creek Capital

6051 El Tordo

Rancho Santa Fe, CA 92067

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)

(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

^* 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 disclosures provided in a prior cover page.

The information required on 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).

(1)           Power is exercised through its sole general partner, Castle Creek Capital LLC

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(1)           Power is exercised through its sole general partner, Castle Creek Capital LLC

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(1)           Power is exercised through its sole general partner, Castle Creek Capital LLC

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(1)           Power is exercised through its controlling members, Eggemeyer Advisory Corp and WJR Corp

(2)           Solely in its capacity as sole general partner of Castel Creek Capital Partners Fund I,, LP; Castle Creek Capital Partners Fund IIa, LP; and Castle Creek Capital Partners Fund IIb, LP

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(1)                                  Power is exercised through its sole shareholder and President, John M. Eggemeyer, III

(2)                                  In its capacity as a controlling member of Castle Creek Capital LLC, the sole general partner of Castle Creek Capital Partners Fund I, LP; Castle Creek Capital Partners Fund IIa, LP; and Castle Creek Capital Partners Fund IIb, LP

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This Amendment No. 5 (the “Amendment”) amends and supplements the Schedule 13D jointly filed by Castle Creek Capital Partners Fund I, LP; Castle Creek Capital Partners Fund IIa, LP; Castle Creek Capital Partners Fund IIb, LP; Castle Creek Capital LLC; Eggemeyer Advisory Corp; John M. Eggemeyer, III; WJR Corp.; and William J. Ruh on December 11, 2001, as previously amended and supplemented by Amendment No. 1 filed on February 13, 2002; Amendment No. 2, filed on July 26, 2002; Amendment No. 3 filed on August 1, 2002 (as amended and supplemented, the “Schedule 13D”); and Amendment No. 4 filed on August 10, 2005 with respect to the common stock, with no par value, (the “Common Stock”) of First Community Bancorp, a California corporation with its principal executive offices at 6110 El Tordo, Rancho Santa Fe, CA 92067 (the “Issuer”). All capitalized terms used in this Amendment that are not otherwise defined herein have the meanings ascribed to such terms in the Schedule 13D.

Item 1. Security and Issuer

Item 2.  Identity and Background

Item 3 of this statement on Form 13D is hereby amended by adding the following:

Item 3.  Source and Amount of Funds or Other Consideration

Since the filing of Amendment No. 4, John M. Eggemeyer III has purchased the following shares into the Director’s deferred compensation plan (which provide shared voting and dispositive power):

Item 4.  Purpose of Transaction

On December 1, 2005, Castle Creek Capital Partners Fund I, LP, distributed 644,182 shares of the Issuer to the partners of Fund I.  There are 67 investors in Fund I. 

Item 5 of this statement on Form 13D is hereby amended and restated in its entirety as follows:

Item 5.  Interest in Securities of the Issuer

(a)(i) For each Reporting Person, as of December 1, 2005, the aggregate number of shares of Common Stock owned and the corresponding percentage of the total outstanding commons Stock of the Issuer is as follows (all percentages are based on 17,911,660 shares of Common Stock outstanding):

John M. Eggemeyer III

John M. Eggemeyer beneficially owns 1,855,953 shares of Common Stock which equals approximately 10.4% of the Issuers’ outstanding Common Stock. Mr. Eggemeyer’s sole beneficial ownership includes 350,092 shares owned directly, 2,566 shares for which he is the sole trustee, and 89,500 shares underlying stock options. Mr. Eggemeyer’s shared beneficial ownership of 1,413,795 shares includes 1,386,196 shares beneficially owned as sole stockholder of Eggemeyer Advisory Corp. and 27,599 shares subject to the First Community Bancorp Directors Deferred Compensation Plan.

Eggemeyer Advisory Corp.

Eggemeyer Advisory Corp., as a controlling member of Castle Creek Capital LLC, beneficially owns 1,386,196 shares of Common Stock which equal approximately 7.7% of the Issuer’s outstanding Common Stock.

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William J. Ruh

William J. Ruh beneficially owns 1,449,159 of Common Stock which equals approximately 8.1% of the Issuers’ outstanding Common Stock. Mr. Ruh’s sole beneficial ownership includes 59,963 shares owned directly, and 3,000 shares for which he is the sole trustee.. Mr. Ruh’s shared beneficial ownership of 1,386,196 shares includes 1,386,196 shares beneficially owned as sole stockholder of WJR Corp.

WJR Corp

WJR Corp., as a controlling member of Castle Creek Capital LLC, beneficially owns 1,386,196 shares of Common Stock which equal approximately 7.7% of the Issuer’s outstanding Common Stock

Castle Creek Capital LLC

Castle Creek Capital LLC as the sole general partners of Fund I, Fund IIa, and Fund IIb beneficially owns 1,386,196 shares of Common Stock which equals approximately 7.7% of the Issuers outstanding Common Stock.

Castle Creek Capital Partners Fund I, LP

Castle Creek Capital Partner Fund I, LP beneficially owns 1,480 shares of Common Stock which equals approximately 0.0% of the Issuer’s outstanding Common Stock.

Castle Creek Capital Partners Fund IIa, LP

Castle Creek Capital Partner Fund IIa, LP beneficially owns 973,505 shares of Common Stock which equals approximately 5.4% of the Issuer’s outstanding Common Stock.

Castle Creek Capital Partners Fund IIb, LP

Castle Creek Capital Partner Fund IIb, LP beneficially owns 411,210 shares of Common Stock which equals approximately 2.3% of the Issuer’s outstanding Common Stock.

(b) For each person named in response to paragraph (a), indicate the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or direct the vote, sole or share power to dispose or to direct the disposition>

(c) The following is a list of the transactions in the shares of the Common Stock effected by the Reporting Persons during the past 60 days:

John M. Eggemeyer received 105,013 shares in a distribution from Castle Creek Capital Partners Fund I on December 1, 2005.

William J. Ruh received 10,343 shares in a distribution from Castle Creek Capital Partners Fund I on December 1, 2005.

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Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 7.  Material to Be Filed as Exhibits

Exhibit 1 Agreement of Joint Filing

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Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

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