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. 3)(1)
ACADIANA BANCSHARES, INC.
_____________________________________________________________________________
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
_____________________________________________________________________________
(Title of Class of Securities)
004280 10 3
_____________________________________________________________________________
(CUSIP Number)
December 31, 1999
_____________________________________________________________________________
(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)
__________________________
(1) 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 the disclosures provided in a prior cover page.
The information required in 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 1 of 5 Pages
CUSIP NO. 004280 10 3 Page 2 of 5 Pages
_____________________ _________________
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Acadiana Bancshares, Inc. Employee Stock Ownership Plan Trust
- -----------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
- -----------------------------------------------------------------------------
3. SEC USE ONLY
- -----------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Louisiana
- -----------------------------------------------------------------------------
- 5. SOLE VOTING POWER
-
- 141,878
NUMBER OF - -------------------------------------------------------------
SHARES - 6. SHARED VOTING POWER
BENEFICIALLY -
OWNED BY EACH - 73,423
REPORTING - -------------------------------------------------------------
PERSON WITH - 7. SOLE DISPOSITIVE POWER
-
- 141,878
- -------------------------------------------------------------
- 8. SHARED DISPOSITIVE POWER
-
- 73,423
- -----------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
215,301
- -----------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
- -----------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.4%
- -----------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
EP
CUSIP NO. 004280 10 3 Page 3 of 5 Pages
_____________________ _________________
ITEM 1(a) NAME OF ISSUER:
Acadiana Bancshares, Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
101 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.
101 West 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);
CUSIP NO. 004280 10 3 Page 4 of 5 Pages
_____________________ _________________
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned: 215,301
(b) Percent of class: 14.4%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 141,878
(ii) Shared power to vote or to direct the vote 73,423
(iii)Sole power to dispose or to direct the disposition of 141,878
(iv) Shared power to dispose or to direct the disposition of 73,423
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 141,878 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 73,423
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.
CUSIP NO. 004280 10 3 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 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 10, 2000 By: /s/ Al W. Beacham, M.D.
----------------------------------------
Al W. Beacham, M.D.
Trustee for the Acadiana Bancshares, Inc.
Employee Stock Ownership Plan Trust
February 10, 2000 By: /s/ William H. Mouton
----------------------------------------
William H. Mouton
Trustee for the Acadiana Bancshares, Inc.
Employee Stock Ownership Plan Trust
February 10, 2000 By: /s/ Kaliste J. Saloom, Jr.
-----------------------------------------
Kaliste J. Saloom, Jr.
Trustee for the Acadiana Bancshares, Inc.
Employee Stock Ownership Plan Trust
