SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. __)*
PITTSBURGH HOME FINANCIAL CORP.
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
(Title of Class of Securities)
725149 10 8
(CUSIP Number)
Page 1 of 5 Pages
<PAGE>
CUSIP NO. 725149 10 8 Page 2 of 5 Pages
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Pittsburgh Home Financial Corp. Employee Stock Ownership Plan
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
5. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE VOTING POWER
165,842
6. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SHARED VOTING POWER
8,728
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE DISPOSITIVE POWER
165,842
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SHARED DISPOSITIVE POWER
8,728
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
174,570
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.4%
12. TYPE OF REPORTING PERSON
EP
<PAGE>
CUSIP NO. 725149 10 8 Page 3 of 5 Pages
ITEM 1(A) NAME OF ISSUER:
Pittsburgh Home Financial Corp.
ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
438 Wood Street
Pittsburgh, Pennsylvania 15222
ITEM 2(A) NAME OF PERSON FILING:
Pittsburgh Home Financial Corp. Employee Stock Ownership Plan.
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
Pittsburgh Home Financial Corp.
438 Wood Street
Pittsburgh, Pennsylvania 15222
ITEM 2(C) CITIZENSHIP:
Pennsylvania
ITEM 2(D) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share
ITEM 2(E) CUSIP NUMBER:
725149 10 8
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B),
OR 13D-2(B), CHECK WHETHER THE PERSON FILING IS A:
(f) [ X ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income
Security Act of 1974.
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned:
174,570
(b) Percent of class: 8.4%
<PAGE>
CUSIP NO. 725149 10 8 Page 4 of 5 Pages
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 165,842
(ii) Shared power to vote or to direct the vote 8,728
(iii)Sole power to dispose or to direct the
disposition of 165,842
(iv) Shared power to dispose or to direct the
disposition of 8,728
The Pittsburgh Home Financial Corp. Employee Stock Ownership Plan
Trust ("Trust") was established pursuant to the Pittsburgh Home
Financial Corp. Employee Stock Ownership Plan ("ESOP"). Under
the terms of the ESOP, the Trustees must vote the allocated
shares held in the ESOP in accordance with the instructions of
the participating employees. Unallocated shares held in the ESOP
will be voted by the ESOP Trustees in the same proportion for and
against proposals to stockholders as the ESOP participants and
beneficiaries actually vote shares of Common Stock allocated to
their individual accounts. Any allocated shares which either
abstain on the proposal or are not voted will be disregarded in
determining the percentage of stock voted for and against each
proposal by the participants and beneficiaries. As of December
31, 1996, 8,728 shares had been allocated to participants'
accounts and 165,842 shares were unallocated.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable since the reporting entity owns more than 5% of
the class.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Participants in the ESOP are entitled to receive dividends on,
and the proceeds from, the sale of the shares allocated to their
accounts. The ESOP does not own more than 5% on behalf of
another person.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not applicable since the reporting entity is not a member of a
group.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable since the reporting entity is not a member of a
group.
<PAGE>
CUSIP NO. 725149 10 8 Page 5 of 5 Pages
ITEM 10. CERTIFICATION.
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.
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.
PITTSBURGH HOME FINANCIAL CORP.
EMPLOYEE STOCK OWNERSHIP PLAN TRUST
February 5, 1997 By: /S/ J. ARDIE DILLEN
------------------------------
J. Ardie Dillen, Trustee
February 5, 1997 By: /S/ KENNETH F. MAXCY, JR.
------------------------------
Kenneth F. Maxcy, Jr., Trustee
February 5, 1997 By: /S/ STEPHEN SPOLAR
------------------------------
Stephen Spolar, Trustee
