UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13D
Under the Securities Exchange Act of 1934
(Amendment No. ____)*
HOME FINANCIAL BANCORP
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(Name of Issuer)
Common Stock, No Par Value
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(Title of Class of Securities)
43708T 10 1
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(CUSIP Number)
Michael L. Eckerle, Esq.
McHale, Cook & Welch, p.c.
1100 Chamber of Commerce Building
Indianapolis, Indiana 46204
(317) 634-7588
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 10, 1996
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(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
the statement [ X ]. (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)
Note: Six copies of this statement, including all
exhibits, should be filed with the commission. See
Rule 13d-1(a) for other parties to whom copies are
to be sent.
* 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
("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).
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CUSIP No. 43708T 10 1 Page 2 of 5 Pages
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1. NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William A. Lannan
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3. SEC USE ONLY
4. SOURCE OF FUNDS*
PF
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Indiana
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH:
7. SOLE VOTING POWER
32,000
8. SHARED VOTING POWER
0
9. SOLE DISPOSITIVE POWER
32,000
10. SHARED DISPOSITIVE POWER
0
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
32,000
12. CHECK BOX IF THE AGGREGATE AMOUNT IN
ROW (11) EXCLUDES CERTAIN SHARES* [ ]
13. PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (11)
6.3%
14. TYPE OF REPORTING PERSON*
IN
<PAGE>
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CUSIP No. 43708T 10 1 Page 3 of 5 Pages
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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) William A. Lannan
(b) Rt#4 Box 12
Loogootee, Indiana 47553
(c) Investor
Rt#4 Box 12
Loogootee, Indiana 47553
(d) No
(e) No
(f) United States of America
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER
CONSIDERATION.
On July 10, 1996, William A. Lannan purchased
an aggregate of 12,000 shares of the Common
Stock, without par value (the "Common Stock"),
of Home Financial Bancorp for a purchase price
of $120,000.00, or $10.00 per share of Common
Stock. Mr. Lannan's purchase of the Common
Stock was funded by personal funds held by Mr.
Lannan.
ITEM 4. PURPOSE OF TRANSACTION.
Mr. Lannan's acquisition was made for
investment purposes, and Mr. Lannan
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 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;
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CUSIP No. 43708T 10 1 Page 4 of 5 Pages
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(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 ISSUER.
(a) William A. Lannan beneficially owns
32,000 shares, or 6.3% of the
outstanding shares, of Common Stock,
all of which are owned of record by
Mr. Lannan.
(b) Sole Voting Power: 32,000
Shared Voting Power: 0
Sole Dispositive Power: 32,000
Shared Dispositive Power: 0
Mr. Lannan purchased 10,000 shares of
Common Stock on July 6, 1996, at a per
share price of $10.375, purchased
10,000 shares of Common Stock on July 8,
1996, at a per share price of $10.500,
and purchased 12,000 shares of Common
Stock on July 10, 1996 at a per share
price of $10.000. All of the above
purchases were open-market transactions
and were effected by Mr. Lannan utilizing
personal funds.
(d) Not Applicable.
(e) Not Applicable.
<PAGE>
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CUSIP No. 43708T 10 1 Page 5 of 5 Pages
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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.
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/ William A. Lannan
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William A. Lannan
