TOMPKINS COUNTY TRUSTCO INC
SC 13G, 1997-02-12
STATE COMMERCIAL BANKS
Previous: FIRST USA PAYMENTECH INC, 10-Q, 1997-02-12
Next: WALSH INTERNATIONAL INC DE, 10-Q, 1997-02-12



<PAGE>
 
                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*



                         TOMPKINS COUNTY TRUSTCO, INC.
- ------------------------------------------------------------------------------
(Name of Issuer)
 
                   
                                 Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)

                                  890110 10 9
                        -------------------------------
                                 (CUSIP Number)



Check the following box if a fee is being paid with the statement [_]. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)

*       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 disclosures provided in a prior cover page.

        The information required on 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 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>
 
- --------------------                                         -------------------
CUSIP No.                              13G                    Page 2 of 5 Pages
890110 10 9
- --------------------                                         -------------------
 
 
1.       NAME OF REPORTING PERSON
         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
         Tompkins County Trust Company          EIN: 15-0470650
- --------------------------------------------------------------------------------
2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
             (a) [_]     (b)  [_]
- --------------------------------------------------------------------------------
3.       SEC USE ONLY
- --------------------------------------------------------------------------------
4.       CITIZENSHIP OR PLACE OF ORGANIZATION
             United States
- --------------------------------------------------------------------------------
         NUMBER OF               5.  SOLE VOTING POWER
          SHARES                          0
       BENEFICIALLY              -----------------------------------------------
       OWNED BY EACH             6.  SHARED VOTING POWER          
         REPORTING                       818,533           
          PERSON                 -----------------------------------------------
           WITH                  7.  SOLE DISPOSITIVE POWER
                                         0                                      
                                 -----------------------------------------------
                                 8.  SHARED DISPOSITIVE POWER                  
                                         818,533                               
- --------------------------------------------------------------------------------
9.       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING 
         PERSON  818,533
- --------------------------------------------------------------------------------
10.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)                  [_]
         EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11
                 24.7%
- --------------------------------------------------------------------------------
12.      TYPE OF REPORTING PERSON*
                 BK
- --------------------------------------------------------------------------------
                * SEE INSTRUCTIONS
<PAGE>
 
                                                               Page 3 of 5 Pages
Item 1(a).  Name of Issuer:
            -------------- 

                   Tompkins County Trustco, Inc.

Item 1(b).  Address of Issuer's Principal Executive Offices:
            ----------------------------------------------- 

                   The Commons, P.O. Box 460
                   Ithaca, NY 14851

Item 2(a).  Name of Person Filing:
            --------------------- 

                   Tompkins County Trust Company

Item 2(b).  Address of Principal Business Office, or, if None, Residence:
            ------------------------------------------------------------ 

                   Tompkins County Trust Company
                   The Commons, P.O. Box 460
                   Ithaca, NY 14851

Item 2(c).  Citizenship:
            ----------- 

                   United States

Item 2(d).  Title of Class of Securities:
            ---------------------------- 

                   Common Stock, par value $.10 par value

Item 2(e).  CUSIP Number:
            ------------ 

                   890110 10 9

Item 3.     If this statement is filed pursuant to
            --------------------------------------
            Rules 13d-1(b) or 13d-2(b),
            ---------------------------
            check whether the person filing is a:
            ------------------------------------ 

                   [X] Bank as defined in Section 3(a)(6) of the
Act.

Item 4(a).  Amount Beneficially Owned:
            ------------------------- 

                    818,533

Item 4(b).  Percent of Class:
            ---------------- 

                    24.7%
<PAGE>
 
                                                               Page 4 of 5 Pages

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:
                        ------------------------------------------ 
                        818,533

                 (iii)  Sole power to dispose or to direct the disposition of:
                        -----------------------------------------------------
                        0

                 (iv)   Shared power to dispose or to direct the disposition of:
                        --------------------------------------------------------
                        818,533

Item 5.        Ownership of Five Percent of 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:
               -------
  
                     Not applicable.

Item 8.        Identification and Classification of Members of the Group:
               --------------------------------------------------------- 

                     Not applicable.

Item 9.        Notice of Dissolution of Group:
               ------------------------------ 

                     Not applicable.
<PAGE>
 
                                                               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.

2/10/97
- -------------------
Date


/S/ JAMES J. BYRNES
- -------------------
Signature



James J. Byrnes / Chairman of the Board, President and Chief Executive Officer
- ------------------------------------------------------------------------------
Name/Title


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission