U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25
NOTIFICATION OF LATE FILING SEC FILE NUMBER
0-20911
CUSIP NUMBER
015600 10 9
[X] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 10-Q and Form 10-QSB
[ ] Form N-SAR
For Period Ended: DECEMBER 31, 1998
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[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
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If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
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PART I - REGISTRANT INFORMATION
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Full Name of Registrant:
Algiers Bancorp, Inc.
Address of Principal Executive Office (Street and Number):
#1 Westbank Expressway, New Orleans, Louisiana 70114
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City, State and Zip Code
PART II - RULES 12B-25(B) AND
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If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)
[X] (a) The reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition
report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will
be filed on or before the fifteenth calendar day following the prescribed
due date; or the subject quarterly report or transition report on Form 10-
Q, or portion thereof will be filed on or before the fifth calendar day
following the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule
12b-25 (c) has been attached if applicable.
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PART III - NARRATIVE
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State below in reasonable detail the reasons why the Form 10-K and Form 10-
KSB, 20-F, 11-K 10-Q and Form 10-QSB, N-SAR, or the transition report or
portion thereof could not be filed within the prescribed period.
The Registrant's Chief Operating Officer, Dennis J. McCluer, who also
served as the Registrant's principal financial officer, resigned on
February 22, 1999 and no replacement for him has been found. Over the past
three years, since the Registrant went public in 1996, Mr. McCluer has had
primary responsibility for preparation of all of the Registrant's public
filings. Due to Mr. McCluer's resignation, the Registrant will need
additional time to complete its Form 10-KSB report. The Registrant will
file its Form 10-KSB within the period prescribed by Rule 12b-25(b).
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PART IV - OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this
notification:
FRANCIS M. MINOR, JR. 504 367-8221
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under section 13 or
15(d) of the Securities Exchange Act of 1934 or section 30 of the
Investment Company Act of 1940 during the preceding 12 months or for such
shorter period that the registrant was required to file such report(s) been
filed? If the answer is no, identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report
or portion thereof?
[X] Yes [X] No
If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why
a reasonable estimate of the results cannot be made.
ALGIERS BANCORP, INC.
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(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: MARCH 31, 1999 By: /S/ FRANCIS M. MINOR, JR.
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Francis M. Minor, Jr.
Chief Financial Officer
