UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ______)

REDDING BANCORP

COMMON STOCK, $ NO PAR VALUE

N/A

January 21, 2003

(Date of Event Which Requires

     Check the appropriate box to designate the rule pursuant to which this schedule is filed:

		o	Rule 13d-1(b)
		o	Rule 13d-1(c)
		x	Rule 13d-1(d)

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.

Page 1 of 4 Pages

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1.	NAME OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
	Harry L. Grashoff, Jr.
2.	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*			(a)        o (b)        o
3.	SEC USE ONLY
4.	CITIZENSHIP OR PLACE OF ORGANIZATION
	United States
		5.	SOLE VOTING POWER
NUMBER OF			41,250
SHARES
BENEFICIALLY		6.	SHARED VOTING POWER
OWNED BY			136,730
EACH
REPORTING		7.	SOLE DISPOSITIVE POWER
PERSON
WITH
		8.	SHARED DISPOSITIVE POWER
9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	177,980
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
				o
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	6.74%
12.	TYPE OF REPORTING PERSON*
	IN

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Item 1(a)		Name of Issuer: Redding Bancorp
Item 1(b)		Address of Issuer’s Principal Executive Offices: 1951 Churn Creek Road, Redding, CA 90062
Item 2(a)		Name of Person Filing: Linda J. Miles, Chief Financial Officer
Item 2(b)		Address of Principal Business Office or, if None, Residence:      c/o Redding Bancorp      1951 Churn Creek Road      Redding, CA 90062
Item 2(c)		Citizenship: United States
Item 2(d)		Title of Class of Securities: Common Stock
Item 2(e)		CUSIP Number: 75727P108
Item 3.		If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b), check whether the person filing is a:

(a)		[   ]		Broker or Dealer registered under section 15 of the Act
(b)		[   ]		Bank as defined in section 3(a)(6) of the Act
(c)		[   ]		Insurance Company as defined in section 3(a)(19) of the Act
(d)		[   ]		Investment Company registered under section 8 of the Investment Company Act
(e)		[   ]		Investment Adviser registered under section 203 of the Investment Advisers Act of 1940
(f)		[   ]		Employee Benefit Plan, Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund
(g)		[   ]		Parent Holding Company, in accordance with section 240.13d-1(b)(ii)(G)
(h)		[   ]		Group, in accordance with section 240.13d-1(b)(1)(ii)(H)

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Item 4.

Ownership.

	(a)		Amount Beneficially Owned:    177,980
	(b)		Percent of Class:    6.74%
	(c)		Number of shares as to which such person has:

	(i)		sole power to vote or to direct the vote:     41,250
	(ii)		shared power to vote or to direct the vote:     136,730
	(iii)		sole power to dispose or to direct the disposition of:     41,250
	(iv)		shared power to dispose or to direct the disposition of:     136,730

Item 5.

Ownership of Five Percent or Less of a Class.

                              If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following. [   ]

Item 6.		Ownership of More than Five Percent on Behalf of Another Person.
		N/A
Item 7.		Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
		N/A
Item 8.		Identification and Classification of Members of the Group.
		N/A
Item 9.		Notice of Dissolution of Group.
		N/A
Item 10.		Certification.
		N/A

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.

Dated: January 21, 2003.		/s/       Harry L. Grashoff, Jr.

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