SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G


Under the Securities Exchange Act of 1934
(Amendment No. 4)*

Heritage Oaks Bancorp
(Name of Issuer)
 
Common Stock
(Title of Class of Securities)
 
42724R107
(CUSIP Number)
 
December 31, 2015
(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


  CUSIP No.      42724R107  

1

NAME OF REPORTING PERSON

Manulife Financial Corporation
                
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)
(b)

 ☐
☐		                
N/A
 
3 SEC USE ONLY
 
 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Canada
  
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With		 5 SOLE VOTING POWER
                
-0-
 
6 SHARED VOTING POWER
  
-0-
 
7 SOLE DISPOSITIVE POWER
 
-0-
 
8 SHARED DISPOSITIVE POWER
 
-0-
 
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
None, except through its indirect, wholly-owned subsidiaries, Manulife Asset Management (North America) Limited, Manulife Asset Management (US) LLC, and Manulife Asset Management Limited
 
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
N/A
 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
See line 9 above.
 
12 TYPE OF REPORTING PERSON*
 
HC
 

*SEE INSTRUCTIONS


Page 2 of 9


  CUSIP No.      42724R107  

1

NAME OF REPORTING PERSON

Manulife Asset Management (North America) Limited
                
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)		 ☐
☐		                
N/A
 
3 SEC USE ONLY
 
 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Canada
  
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With		 5 SOLE VOTING POWER
                
5,667
 
6 SHARED VOTING POWER
  
-0-
 
7 SOLE DISPOSITIVE POWER
 
5,667
 
8 SHARED DISPOSITIVE POWER
 
-0-
 
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
5,667
 
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
N/A
 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
0.02%
 
12 TYPE OF REPORTING PERSON*
 
IA
 

*SEE INSTRUCTIONS


Page 3 of 9


  CUSIP No.      42724R107  

1

NAME OF REPORTING PERSON

Manulife Asset Management (US) LLC
                
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)		 ☐
☐		                
N/A
 
3 SEC USE ONLY
 
 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware
  
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With		 5 SOLE VOTING POWER
                
1,731,658
 
6 SHARED VOTING POWER
  
-0-
 
7 SOLE DISPOSITIVE POWER
 
1,731,658
 
8 SHARED DISPOSITIVE POWER
 
-0-
 
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
1,731,658
 
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
N/A
 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
5.04%
 
12 TYPE OF REPORTING PERSON*
 
IA
 

*SEE INSTRUCTIONS


Page 4 of 9


  CUSIP No.      42724R107  

1

NAME OF REPORTING PERSON

Manulife Asset Management Limited
                
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)		 ☐
☐		                
N/A
 
3 SEC USE ONLY
 
 
4

CITIZENSHIP OR PLACE OF ORGANIZATION

Ontario
  
Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With		 5 SOLE VOTING POWER
                
3,360
 
6 SHARED VOTING POWER
  
-0-
 
7 SOLE DISPOSITIVE POWER
 
3,360
 
8 SHARED DISPOSITIVE POWER
 
-0-
 
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  
3,360
 
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
N/A
 
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
0.01%
 
12 TYPE OF REPORTING PERSON*
 
FI
 

*SEE INSTRUCTIONS


Page 5 of 9


Item 1(a)         Name of Issuer:
  Heritage Oaks Bancorp
 

Item 1(b)

Address of Issuer's Principal Executive Offices:
1222 Vine Street
Paso Robles, California 93446

 

Item 2(a)

Name of Person Filing:
This filing is made on behalf of Manulife Financial Corporation ("MFC") and MFC’s indirect, wholly-owned subsidiaries, Manulife Asset Management (North America) Limited ("MAM (NA)"), Manulife Asset Management (US) LLC ("MAM (US)") and Manulife Asset Management Limited (“MAML”).

 

Item 2(b)

Address of Principal Business Office:
The principal business offices of MFC, MAM (NA) and MAML are located at 200 Bloor Street East, Toronto, Ontario, Canada, M4W 1E5.
The principal business office of MAM (US) is located at 197 Clarendon Street, Boston, Massachusetts 02116.

 

Item 2(c)

Citizenship:
MFC and MAM (NA) are organized and exist under the laws of Canada.
MAM (US) is organized and exists under the laws of the State of Delaware.
MAML is organized and exists under the laws of Ontario.

 

Item 2(d)

Title of Class of Securities:
Common Stock

 

Item 2(e)

CUSIP Number:
42724R107

 

Item 3

If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

 
MFC:      

(g) (X)   

a parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

 

MAM (NA):

  

(e) (X)

an investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

 

MAM (US):

  

(e) (X)

an investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

 

MAML:

  

(j) (X)

a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J).

   

Item 4

Ownership:

 

(a) Amount Beneficially Owned: MAM (NA) has beneficial ownership of 5,667 shares of Common Stock, MAM (US) has beneficial ownership of 1,731,658 shares of Common Stock and MAML has beneficial ownership of 3,360 shares of Common Stock. Through its parent-subsidiary relationship to MAM (NA), MAML and MAM (US), MFC may be deemed to have beneficial ownership of these same shares.

 

(b) Percent of Class: Of the 34,356,179 shares outstanding as of October 28, 2015 according to the Form 10-Q filed by the issuer with the Securities and Exchange Commission on October 30, 2015, MAM (NA) held 0.02%, MAM (US) held 5.04% and MAML held 0.01%.


Page 6 of 9


                        

(c) Number of shares as to which the person has:

 

       (i)       

sole power to vote or to direct the vote:
MAM (NA), MAM (US) and MAML each has sole power to vote or to direct the voting of the shares of Common Stock beneficially owned by each of them.

     
         (ii)

shared power to vote or to direct the vote: -0-

     
                        

       (iii)    

sole power to dispose or to direct the disposition of:
MAM (NA), MAM (US) and MAML each has sole power to dispose or to direct the disposition of the shares of Common Stock beneficially owned by each of them.

                   

       (iv)    

shared power to dispose or to direct the disposition of: -0-

 

Item 5       

Ownership of Five Percent or Less of a Class:
Not applicable.

 

Item 6

Ownership of More than Five Percent on Behalf of Another Person:
Not applicable.

 

Item 7

Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person:
See Items 3 and 4 above.

 

Item 8

Identification and Classification of Members of the Group:
Not applicable.

 

Item 9

Notice of Dissolution of Group:
Not applicable.

 

Item 10

Certification:
By signing below the undersigned certifies that, to the best of its knowledge and belief, (i) 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, and (ii) the foreign regulatory schemes applicable to MAML, are substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institutions. The undersigned also undertakes to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.

Page 7 of 9


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/ Graham A. Miller
  Name:  Graham A. Miller

Dated: February 8, 2016

Title: Agent*
     

Manulife Asset Management (North America) Limited

 
  By: /s/ Joshua Margolian
  Name:  Joshua Margolian

Dated: February 8, 2016

Title: Assistant Secretary
     

Manulife Asset Management (US) LLC

 
By: /s/ Paul Donahue
  Name:    Paul Donahue

Dated: February 8, 2016

Title: Chief Compliance Officer
     

Manulife Asset Management Limited

 
By: /s/ Joshua Margolian
  Name:    Joshua Margolian

Dated: February 8, 2016

Title: Assistant Secretary

* Signed pursuant to a Power of Attorney dated June 10, 2014 included as Exhibit A to Schedule 13F- NT filed with the Securities and Exchange Commission by Manulife Financial Corporation on August 27, 2014.

Page 8 of 9


EXHIBIT A

JOINT FILING AGREEMENT

Manulife Financial Corporation, Manulife Asset Management (North America) Limited, Manulife Asset Management (US) LLC and Manulife Asset Management Limited agree that the Schedule 13G (Amendment No. 4) to which this Agreement is attached, relating to the Common Stock of Heritage Oaks Bancorp, is filed on behalf of each of them.

Manulife Financial Corporation

 
  By: /s/ Graham A. Miller
  Name:  Graham A. Miller

Dated: February 8, 2016

Title: Agent*
     

Manulife Asset Management (North America) Limited

 
  By: /s/ Joshua Margolian
  Name:  Joshua Margolian

Dated: February 8, 2016

Title: Assistant Secretary
     

Manulife Asset Management (US) LLC

 
By: /s/ Paul Donahue
  Name:    Paul Donahue

Dated: February 8, 2016

Title: Chief Compliance Officer
     

Manulife Asset Management Limited

 
By: /s/ Joshua Margolian
  Name:    Joshua Margolian

Dated: February 8, 2016

Title: Assistant Secretary

* Signed pursuant to a Power of Attorney dated June 10, 2014 included as Exhibit A to Schedule 13F- NT filed with the Securities and Exchange Commission by Manulife Financial Corporation on August 27, 2014.

Page 9 of 9