SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 5)
Under the Securities Exchange Act of 1934
CARVER BANCORP, INC.
- --------------------------------------------------------------------------------
(Name of Issuer)
COMMON STOCK, PAR VALUE $0.01 PER SHARE
- --------------------------------------------------------------------------------
(Title of Class of Securities)
146875109
- --------------------------------------------------------------------------------
(CUSIP Number)
Robert W. Forman
Shapiro Forman & Allen LLP
380 Madison Avenue
New York, New York 10017
212-972-4900
-------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
- --------------------------------------------------------------------------------
(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 Rule 13d-1(b)(3) or (4), check the following box |__|.
Check the following box if a fee is being paid with the statement |__|.
Page 1 of 9 pages
<PAGE>
CUSIP No. 146875109 Page 2 of 9 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
BBC CAPITAL MARKET, INC.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
04-3072694
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
WC
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
MASSACHUSETTS
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 170,700
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 170,700
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
-0-
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
170,700
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.38%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
CO
________________________________________________________________________________
<PAGE>
CUSIP No. 146875109 Page 3 of 9 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
THE BOSTON BANK OF COMMERCE
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
04-2764211
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
WC
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
MASSACHUSETTS
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF 170,700
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
-0-
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 170,700
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
-0-
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
170,700
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.38%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
BK
________________________________________________________________________________
<PAGE>
CUSIP No. 146875109 Page 4 of 9 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
KEVIN COHEE
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF -0-
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
170,700
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
170,700
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
170,700
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.38%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
________________________________________________________________________________
<PAGE>
CUSIP No. 146875109 Page 5 of 9 Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSON
TERI WILLIAMS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
04-2764211
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS
OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF -0-
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
170,700
OWNED BY
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
170,700
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
170,700
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.38%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON
IN
________________________________________________________________________________
<PAGE>
CUSIP No. 146875109 Page 6 of 9 Pages
STATEMENT FOR SCHEDULE 13D
--------------------------
This Amendment No. 5 to Schedule 13D relates to the common stock, par value
$.01 per share, of Carver Bancorp, Inc. ("Carver"). This Amendment No. 5 amends
the initial statement on Schedule 13D filed by BBC Capital Market, Inc. ("BBC
Capital") and The Boston Bank of Commerce ("BBOC") with the Securities and
Exchange Commission on March 18, 1999 (the "Initial Statement"), as amended by
Amendment Nos. 1, 2, 3 and 4 filed with the Securities and Exchange Commission
on March 29, 1999, April 2, 1999, November 19, 1999 and January 19, 2000,
respectively. Capitalized terms used but not defined below shall have the
meanings ascribed to them in the Initial Statement. The Initial Statement, as
previously amended, is further amended as follows:
Item 2. Identity and Background.
This Statement is being filed to add Kevin Cohee and Teri Williams as
reporting persons.
(a) - (c) Mr. Cohee is the Chairman, President and Chief Executive Officer
of BBOC, a Massachusetts trust company, organized under Chapter 172 of the
Massachusetts General Laws. He is also the President of BBC Capital and a
director of BBOC. Mr. Cohee's business office is at the principal offices of
BBOC, 133 Federal Street, Boston, MA 02110.
Ms. Williams is Senior Vice President of Marketing and Human Resources of
BBOC. She also serves as a director of BBOC and BBC Capital. Ms. Williams'
business office is at the principal offices of BBOC, 133 Federal Street, Boston,
MA 02110.
(d) Neither Reporting Person has, during the last five years, been
convicted in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) Neither Reporting Person has, during the last five years, been party to
a civil proceeding of a judicial or administrative body of competent
jurisdiction and a result of such proceeding was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to, federal or state securities laws or finding any
violation with respect to such laws.
<PAGE>
CUSIP No. 146875109 Page 7 of 9 Pages
Item 5. Interest in Securities of the Issuer.
By virtue of their ownership of 66% of BBOC's common stock and their
positions with BBOC, Mr. Cohee and Ms. Williams may be deemed to beneficially
own the 170,700 shares of Carver's common stock owned by BBC Capital. Mr. Cohee
and Ms. Williams disclaim beneficial ownership of such shares. Neither Mr. Cohee
nor Ms. Williams owns beneficially any other shares of Carver and neither has
engaged in any transactions in Carver's securities in the past 60 days.
Item 7. Material to be Filed as Exhibits.
99.3 Joint Filing Agreement
<PAGE>
CUSIP No. 146875109 Page 8 of 9 Pages
SIGNATURES
After reasonable inquiry and to the best of his knowledge and belief,
the undersigned certifies that the information set forth in this statement is
true, complete and correct.
Dated: January 28, 2000
BBC CAPITAL MARKET, INC.
By: /s/Kevin Cohee
---------------------------------
Kevin Cohee,
President
THE BOSTON BANK OF COMMERCE
By: /s/Teri Williams
---------------------------------
Teri Williams,
Senior Vice President
/s/Kevin Cohee
---------------------------------
KEVIN COHEE
/s/Teri Williams
---------------------------------
TERI WILLIAMS
CUSIP NO. 146875109 Page 9 of 9 pages
EXHIBIT 99.3
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f)(l)(iii) under the Securities
Exchange Act of 1934, as amended, the persons named below agree to the joint
filing on behalf of each of them of a Statement on Schedule 13D dated January
28, 2000 (including amendments thereto) with respect to the common stock of
Carver Bancorp, Inc.
Dated: January 28, 2000
BBC CAPITAL MARKET, INC.
By: /s/Kevin Cohee
---------------------------------
Kevin Cohee,
President
THE BOSTON BANK OF COMMERCE
By: /s/Teri Williams
---------------------------------
Teri Williams,
Senior Vice President
/s/Kevin Cohee
---------------------------------
KEVIN COHEE
/s/Teri Williams
---------------------------------
TERI WILLIAMS
