SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES
13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT
TO RULE 13d-2(b)
(Amendment No. 1)*
Ambanc Holding Co., Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
023161 10 2
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(CUSIP Number)
March 9, 2000
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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)
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* The remainder of the 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).
(Continued on following pages)
Page 1 of 4 pages
<PAGE>
Page 2 of 4 pages
CUSIP No. 023161 10 2 Schedule 13G
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1. Name of Reporting Person
S.S. or I.R.S. Identification Number of above person:
Ambanc Holding Co., Inc.
Employee Stock Ownership Plan
2. Check the appropriate box if a member of a group*
(a) |_| (b) |X|
3. SEC Use Only
4. Citizenship or Place of Organization: New York
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Number of Shares Beneficially Owned by Each Reporting Person with:
5. Sole Voting Power: 0
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6. Shared Voting Power: 395,187
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7. Sole Dispositive Power: 0
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8. Shared Dispositive Power: 395,187
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9. Aggregate Amount Beneficially Owned by Each Reporting Person:
395,187
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10. Check Box If The Aggregate Amount in Row (9) Excludes Certain
Shares* |_|
11. Percent of Class Represented by Amount in Row 9: 8.1%
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12. Type of Reporting Person*: EP
---
* SEE INSTRUCTION
<PAGE>
Page 3 of 4 pages
Item 1(a) Name of Issuer: Ambanc Holding Co., Inc.
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Item 1(b) Address of Issuer's Principal Executive Offices:
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11 Division Street
Amsterdam, New York 12010-4303
Item 2(a) Name of Person Filing:
---------------------
Ambanc Holding Co., Inc.
Employee Stock Ownership Plan
Item 2(b) Address of Principal Business Office: Same as Item 1(b)
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Item 2(c) Citizenship: New York
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Item 2(d) Title of Class of Securities: Common Stock
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Item 2(e) CUSIP Number: 023161 10 2
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Item 3 Check whether the person filing is a:
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Item 3(f) X Employee Benefit Plan, in accordance with
--- Rule 13d-1(b)(1)(ii)(F).
Item 3(a)(b)(c)(d)(e)(g)(h)(i)(j)- not applicable.
Item 4(a) Amount Beneficially Owned: 395,187
------------------------- -------
Item 4(b) Percent of Class: 8.1%
---------------- ----
Item 4(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 0
-------
(ii) shared power to vote or to direct the
vote 395,187
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(iii) sole power to dispose or to direct the
disposition of 0
-------
(iv) shared power to dispose or to direct the
disposition of 395,187
-------
Item 5 Ownership of Five Percent or Less of Class:
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Not Applicable
Item 6 Ownership of More than Five Percent on Behalf of Another
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Person:
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Not Applicable
<PAGE>
Page 4 of 4 pages
Item 7 Identification and Classification of the Subsidiary Which
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Acquired the Security Being Reported on by the Parent
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Holding Company.
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Not Applicable
Item 8 Identification and Classification of Members of the
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Group.
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Not Applicable
Item 9 Notice of Dissolution of Group.
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Not Applicable
Item 10 Certification.
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By signing below, I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in
any transaction having such purpose or effect.
<PAGE>
SIGNATURE:
After reasonable inquiry and to the best of my knowledge and belief, as
a member of the ESOP Committee, I certify that the information set forth in this
statement is true, complete and correct.
Ambanc Holding Co., Inc. Employee Stock Ownership Plan
First Bankers Trust Company, N.A., Trustee
By: /s/ Carmen Walch
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Date: April 26, 2000
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Name: Carmen Walch
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Title: Trust Officer
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