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 (Date of earliest event reported): May 7, 1996
L&B Financial, Inc.
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(Exact name of registrant as specified in its charter)
Texas 0-27142 Applied For
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(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
incorporation)
306 North Davis Street, Sulphur Springs, Texas 75482
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(Address of principal executive offices)
Registrant's telephone number, including area code: (903) 885-2121
Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
The registrant issued the following press release on May 7, 1996:
SULPHUR SPRINGS, TEXAS, MAY 8, 1996 - L&B
Financial, Inc., parent corporation of Loan and
Building State Savings Bank, announced today that
it is in the preliminary stages of negotiation
with a possible acquirer. To date, discussions
have been exploratory in nature and have not
resulted in a letter of intent or other agreement
in principle.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act
of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
L&B FINANCIAL, INC.
By: /s/ C. Glynn Lowe
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C. Glynn Lowe
President and Chief
Executive Officer
Dated: May 9, 1996
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