HOME FINANCIAL BANCORP
SC 13D, 1996-09-20
SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED
Previous: TUPPERWARE CORP, 424A, 1996-09-20
Next: REPUBLIC ADVISOR FUNDS TRUST, 497, 1996-09-20





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

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934

                                (Amendment No. )*

                             HOME FINANCIAL BANCORP
                                (Name of Issuer)

                           Common Stock, No Par Value
                         (Title of Class of Securities)


                                   43708T 10 1
                                 (CUSIP Number)

                               Stephen W. Kellams
                               BARNES & THORNBURG
                            11 South Meridian Street
                           Indianapolis, Indiana 46204
                                  317-638-1313

           (Name, Address and Telephone Number of Person Authorized to
                       Receive Notices and Communications)

                               September 10, 1996
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is the subject of this  Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|.

Check the following box if a fee is being paid with this  statement  |X|. (A fee
is not required only if the filing 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.)


                                   PAGE 1 OF 5



<PAGE>



                                  SCHEDULE 13D
- --------------------------------------------------------------------------------
CUSIP No. 43708 T 10 1                                      Page  2  of 5 Pages
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
1   NAME OF REPORTING PERSON                                   Frank R. Stewart
    S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

- --------------------------------------------------------------------------------
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP           (a)  [ ]
                                                               (b)  [X]

- --------------------------------------------------------------------------------
3   SEC USE ONLY

- --------------------------------------------------------------------------------
4   SOURCE OF FUNDS            PF

- --------------------------------------------------------------------------------
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO I
    TEMS 2(d) or 2(e)                                       [ ]

- --------------------------------------------------------------------------------
6   CITIZENSHIP OR PLACE OF ORGANIZATION                 Indiana

- --------------------------------------------------------------------------------
                          7            SOLE VOTING POWER               25,500
                          
       NUMBER OF         -------------------------------------------------------
        SHARES            8            SHARED VOTING POWER                  0
     BENEFICIALLY
       OWNED BY          -------------------------------------------------------
         EACH             9            SOLE DISPOSITIVE POWER          25,500
       REPORTING
        PERSON           -------------------------------------------------------
         WITH            10           SHARED DISPOSITIVE POWER              0
                          
- --------------------------------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                       25,500

- --------------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES 
    CERTAIN SHARES                                                         [ ]

- --------------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                                                                          5.0%

- --------------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON
                                                                           IN
- --------------------------------------------------------------------------------




<PAGE>



ITEM 1.           SECURITY AND ISSUER.

         Title of Security:         Common Stock, No Par Value

         Issuer:                    Home Financial Bancorp
                                    279 East Morgan Street
                                    Spencer, Indiana 47460


ITEM 2.        IDENTITY AND BACKGROUND.

         (a)      Frank R. Stewart
         (b)      279 East Morgan Street
                  Spencer, Indiana 47460
         (c)      President
                  BSF, Inc.
                  279 East Morgan Street
                  Spencer, Indiana 47460
         (d)      No
         (e)      No
         (f)      United States of Indiana

ITEM 3.           SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

     On September 10, 1996, Frank R. Stewart  purchased 478 shares of the Common
Stock,  without par value (the "Common Stock"),  of Home Financial Bancorp for a
purchase price of $5,975.00,  or $12.50 per share of Common Stock. Mr. Stewart's
purchase of the Common Stock was funded by personal funds held by Mr. Stewart.

ITEM 4.           PURPOSE OF TRANSACTION.

         Mr.  Stewart's  acquisition was made for investment  purposes,  and Mr.
Stewart  intends to hold all shares of Common Stock for  investment and does not
have any current plans or proposals which relate to or would result in:

               (a) the acquisition by any person of additional securities of the
          Issuer, or the disposition of securities of the Issuer;

               (b) an  extraordinary  corporate  transaction,  such as a merger,
          reorganization   or   liquidation,   involving   the   Issuer  or  its
          wholly-owned subsidiary;

               (c) a sale or  transfer  of a  material  amount  of assets of the
          Issuer or its wholly-owned subsidiary;

                                     3 of 5

<PAGE>




               (d) any  other  change  in the  present  board  of  directors  or
          management  of the Issuer,  including any plans or proposals to change
          the number or term of directors  or to fill any existing  vacancies on
          the board;

               (e) any material change in the present capitalization or dividend
          policy of the Issuer;

               (f)  any  other  material  change  in the  Issuer's  business  or
          corporate structure;

               (g)  any  other  changes  in the  Issuer's  charter,  by-laws  or
          instruments  corresponding  thereto or other  actions which may impede
          the acquisition of control of the Issuer by any person;

               (h)  causing a class of  securities  of the Issuer to be delisted
          from a national securities exchange or to cease to be authorized to be
          quoted in an inter-dealer  quotation  system of a registered  national
          securities association;

               (i) a class of equity  securities of the Issuer becoming eligible
          for  termination of registration  pursuant to Section  12(g)(4) of the
          Securities Exchange Act of 1940, as amended; or

               (j) any action similar to any of those enumerated above.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER.

          (a) Frank R. Stewart  beneficially  owns 25,500 shares, or 5.0% of the
     outstanding  shares,  of Common Stock,  all of which are owned of record by
     Mr. Stewart.

          (b)     Sole Voting Power:                             25,500
                  Shared Voting Power:                                0
                  Sole Dispositive Power:                        25,500
                  Shared Dispositive Power:                           0

         (c) Mr.  Stewart  purchased  10,000  shares of Common  Stock on July 1,
1996, the date of consummation of the Issuer's initial public offering.  On July
18,  1996,  Mr.  Stewart  purchased  1,000 shares of Common Stock at a per share
price of  $10.125  and  1,000  shares of  Common  Stock at a per share  price of
$10.25. On August 1, 1996, Mr. Stewart purchased 1,972 shares of Common Stock at
a per share price of $10.625.  On August 2, 1996,  Mr. Stewart  purchased  3,000
shares of Common Stock at a per share price of $10.625.  On August 5, 1996,  Mr.
Stewart  purchased  6,050 shares of Common Stock at a per share price of $10.875
and 2,000  shares of Common  Stock at a per share  price of  $10.75.  All of the
above purchases were  open-market  transactions and were effected by Mr. Stewart
utilizing personal funds.

                                     4 of 5

<PAGE>



         (d)      Not Applicable.

         (e)      Not Applicable.

ITEM 6.           CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
                  RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER.

         Not Applicable.

ITEM 7.           MATERIAL TO BE FILED AS EXHIBITS.

         Not Applicable.


                                    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.



                                            /s/ Frank R. Stewart
                                            Frank R. Stewart



















                                     5 of 5



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