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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13d-1(b) (c), AND (d) AND AMENDMENTS
THERETO FILED PURSUANT TO RULE 13d-2(b)
(AMENDMENT NO. 2)
ACADIANA BANCSHARES, INC.
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(Name of Issuer)
Common Stock, Par Value $.01 Per Share
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(Title of Class of Securities)
004280 10 3
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(CUSIP Number)
December 31, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
Page 1 of 5 Pages
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CUSIP NO. 004280 10 3 Page 2 OF 5 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Acadiana Bancshares, Inc. Employee Stock Ownership Plan Trust
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Louisiana
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NUMBER OF 5. SOLE VOTING POWER
SHARES
BENEFICIALLY 163,770
OWNED BY EACH --------------------------------------------------------
REPORTING 6. SHARED VOTING POWER
PERSON WITH
54,730
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7. SOLE DISPOSITIVE POWER
163,770
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8. SHARED DISPOSITIVE POWER
54,730
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
217,563
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.95%
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12. TYPE OF REPORTING PERSON
EP
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CUSIP NO. 004280 10 3 Page 3 of 5 Pages
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Item 1(a) Name of Issuer:
Acadiana Bancshares, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
107 West Vermilion Street
Lafayette, Louisiana 70501
Item 2(a) Name of Person Filing:
Acadiana Bancshares, Inc. Employee Stock Ownership Plan Trust.
Item 2(b) Address of Principal Business Office or, if None, Residence:
Acadiana Bancshares, Inc.
107 W. Vermilion Street
Lafayette, Louisiana 70501
Item 2(c) Citizenship:
State of Louisiana
Item 2(d) Title of Class of Securities:
Common Stock, par value $.01 per share
Item 2(e) CUSIP Number:
004280 10 3
Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing is:
(f)[X] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
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CUSIP NO. 004280 10 3 Page 4 of 5 Pages
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Item 4. Ownership.
(a) Amount beneficially owned: 217,563
(b) Percent of class: 11.95%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
163,770
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(ii) Shared power to vote or to direct the vote 54,730
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(iii) Sole power to dispose or to direct the disposition of
163,770
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(iv) Shared power to dispose or to direct the disposition of
54,730
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Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Al W. Beacham, M.D., William H. Mouton and Kaliste J. Saloom, Jr.
are the trustees ("Trustees") of the trust (the "Trust") created
pursuant to the Acadiana Bancshares, Inc. Employee Stock Ownership
Plan ("ESOP") which holds 163,770 shares of common stock which
have not been allocated to the accounts of participating
employees to date, will be voted by the Trustees pursuant to
the terms of the ESOP and may be deemed to be beneficially
owned by the Trust. In addition, a total of 54,730 shares
held in the Trust have been allocated to the accounts of
participating employees to date, will be voted by the Trustees
pursuant to such participating employees', direction and, as a
result of such shared voting power, are included in the shares
beneficially owned by the Trust.
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.
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CUSIP NO. 004280 10 3 Page 5 of 5 Pages
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Item 10. Certification.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held
in the ordinary course of business and were not acquired and are
not held 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 and are not held 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.
ACADIANA BANCSHARES, INC.
EMPLOYEE STOCK OWNERSHIP PLAN TRUST
February 12, 1999 By:/s/ Al W. Beacham
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Al W. Beacham, M.D.
Trustee for the Acadiana Bancshares, Inc.
Employee Stock Ownership Plan Trust
February 12, 1999 By:/s/ William H. Mouton
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William H. Mouton
Trustee for the Acadiana Bancshares, Inc.
Employee Stock Ownership Plan Trust
February 12, 1999 By:/s/ Kaliste J. Saloom, Jr.
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Kaliste J. Saloom, Jr.
Trustee for the Acadiana Bancshares, Inc.
Employee Stock Ownership Plan Trust
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