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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 and 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*
KENWOOD BANCORP, INC.
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(Name of Issuer)
COMMON STOCK, $0.01 PAR VALUE PER SHARE
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(Title of Class of Securities)
491784 10 4
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(CUSIP Number)
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Page 1 of 6 Pages
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CUSIP NO. 491784 10 4 13G Page 2 of 6 Pages
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITY ONLY)
Kenwood Bancorp, 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
United States
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5. SOLE VOTING POWER
12,612
NUMBER OF SHARES -----------------------------------------------
BENEFICIALLY OWNED 6. SHARED VOTING POWER
0
BY EACH REPORTING -----------------------------------------------
PERSON WITH 7. SOLE DISPOSITIVE POWER
12,612
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8. SHARED DISPOSITIVE POWER
0
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
12,612
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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)
4.3%
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12. TYPE OF REPORTING PERSON
EP
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CUSIP NO. 491784 10 4 13G Page 3 of 6 Pages
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Item 1(a). Name of Issuer:
Kenwood Bancorp, Inc.
Item 1(b). Address of Issuer's Principal Executive Office:
7711 Montgomery Road
Cincinnati, Ohio 45236
Item 2(a). Name of Person Filing:
Kenwood Bancorp, Inc. Employee Stock Ownership Plan Trust.
Item 2(b). Address of Principal Business Office, or, if None, Residence:
Kenwood Bancorp, Inc.
7711 Montgomery Road
Cincinnati, Ohio 45236
Item 2(c). Citizenship:
United States
Item 2(d). Title of Class of Securities:
Common Stock, $0.01 par value per share.
Item 2(e). CUSIP Number:
491784 10 4.
Item 3. If statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
[X] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund.
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CUSIP NO. 491784 10 4 13G Page 4 of 6 Pages
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Item 4. Ownership.
(a) Amount beneficially owned:
12,612
(b) Percent of class:
4.3%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
12,612
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(ii) Shared power to vote or to direct the vote
0
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(iii) Sole power to dispose or to direct the
disposition of 12,612
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(iv) Shared power to dispose or to direct the
disposition of 0
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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.
Robert P. Isler and P. Lincoln Mitchell are the trustees
("Trustees") of the trust (the "Trust") created pursuant
to the Kenwood Bancorp, Inc. Employee Stock Ownership Plan
("ESOP") which holds 12,612 shares of common stock which have
not been allocated to the accounts of participating employees
to date, will be voted by the Trustees in accordance with their
fiduciary duties as Trustees and may be deemed to be 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. 491784 10 4 13G Page 5 of 6 Pages
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Item 10. Certification.
By signing below, we certify that, to the best of our knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired 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
in connection with or as a participant in any transaction having
such purpose or effect.
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CUSIP NO. 491784 10 4 13G Page 6 of 6 Pages
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SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief
of the undersigned, the undersigned certifies that the information set
forth in this Statement on Schedule 13G is true, complete and correct.
KENWOOD BANCORP, INC. EMPLOYEE
STOCK OWNERSHIP PLAN TRUST
Date: February 12, 1998 By: /s/ Robert P. Isler
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Robert P. Isler
Trustee for the Kenwood Bancorp, Inc.
Employee Stock Ownership Plan Trust
Date: February 12, 1998 By: /s/ P. Lincoln Mitchell
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P. Lincoln Mitchell
Trustee for the Kenwood Bancorp, Inc.
Employee Stock Ownership Plan Trust
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