UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
HOME FINANCIAL BANCORP
(Name of Issuer)
Common Stock, No Par Value
(Title of Class of Securities)
43708T 10 1
(CUSIP Number)
Frank R. Stewart Copy to:
Home Financial Bancorp Claudia V. Swhier, Esq.
P.O. Box 187 Barnes & Thornburg
279 East Morgan Street 11 S. Meridian Street
Spencer, Indiana 47460 Indianapolis, Indiana 46204
(812) 829-2095 (317) 236-1313
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
September 23, 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 ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. 9
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 Afiled@ for the purpose of Section 18 of the Securities Exchange Act of
1934 (AAct@) 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 1 OF 6
<PAGE>
SCHEDULE 13D
CUSIP No. 43708T 10 1 Page 2 of 6 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 ITEMS 2(d) or 2(e) [ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America
- --------------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER 12,128*
SHARES ---------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER 85,138
OWNED BY ---------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER 10,000*
REPORTING ---------------------------------------------------------
PERSON 10 SHARED DISPOSITIVE POWER) 85,138
WITH ---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
97,266
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.8%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
* Reporting Person beneficially owns 2,128 shares held under the
Home Financial Bancorp Employee Stock Ownership Plan (the
"ESOP") over which Reporting Person has sole voting power but
no dispositive power.
2 of 6
<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 America
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
On September 23, 1996, Frank R. Stewart purchased 2,000 shares of Home
Financial Bancorp for $12.50 per share. On November 6, 1996, and November 25,
1996, Mr. Stewart purchased 5,000 and 2,000 shares of Home Financial Bancorp,
respectively, for $13 per share. On February 18, 1997, Mr. Stewart purchased
5,500 shares of Home Financial Bancorp for $14.50 per share. On February 28,
1997, Mr. Stewart purchased 2,000 shares of Home Financial Bancorp for $14.75
per share. Each purchase was funded by personal funds held by Mr. Stewart.
On January 6, 1998, Home Financial Bancorp shares were split 2-for-1,
resulting in the acquisition by Mr. Stewart of 42,000 additional shares.
On January 8, 1998, Mr. Stewart received a distribution of 1,138 shares
pursuant to the Owen Community Bank, s.b. Recognition and Retention Plan and
Trust. Mr. Stewart also has options to purchase 10,000 shares of Home Financial
Bancorp, and 2,128 shares of Home Financial Bancorp under the Home Financial
Bancorp Employee Stock Ownership Plan.
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<PAGE>
ITEM 4. PURPOSE OF TRANSACTION.
Mr. Stewart's acquisitions were 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;
(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.
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<PAGE>
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Frank R. Stewart beneficially owns 97,266 shares, or 10.8% of
the outstanding shares of Common Stock of Home Financial
Bancorp, which includes 10,000 shares subject to option.
(b) Sole Voting Power: 12,128*
Shared Voting Power: 85,138
Sole Dispositive Power: 10,000*
Shared Dispositive Power: 85,138
(c) None
(d) N/A
(e) N/A
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER.
N/A
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
N/A
* Reporting Person beneficially owns 2,128 shares held under the
Home Financial Bancorp Employee Stock Ownership Plan (the
"ESOP") over which Reporting Person has sole voting power but
no dispositive power.
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<PAGE>
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.
February 17, 1999
/s/ Frank R. Stewart
Frank R. Stewart
