SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
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)*
CBES Bancorp, Inc.
(Name of Issuer)
Common Stock, $.01 par value per share
(Title of Class of Securities)
124794-10-8
(CUSIP Number)
December 31, 1998
(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)
*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 ("Act") 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
<PAGE>
CUSIP NO. 124794 10 8 Page 2 of 5 pages
1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(ENTITIES
ONLY)
Community Bank of Excelsior Springs, a Savings Bank
Employee Stock Ownership Plan and Trust
IRS ID No. 37-1361535
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Federally chartered stock savings institution's employee benefit plan
organized in Missouri
NUMBER OF 5 SOLE VOTING POWER
SHARES 67,293
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 14,703
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 81,996
PERSON WITH 8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
81,996
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.95% of 1,031,851 shares of Common Stock outstanding as of December
31, 1998.
12 TYPE IN REPORTING PERSON*
EP
<PAGE>
CUSIP NO. 124794 10 8 Page 3 of 5 pages
Item 1(a). Name of Issuer:
CBES Bancorp, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
1001 N. Jesse James Road
Excelsior Springs, Missouri 64024-1201
Item 2(a). Name of Person Filing:
Community Bank of Excelsior Springs, a Savings Bank Employee
Stock Ownership Plan and Trust
Trustee: First Bankers Trust
Company, N.A.
Item 2(b). Address of Principal Business Office:
2321 Koch's Lane
Quincy, Illinois 62301
Item 2(c). Citizenship or Place of Organization:
Federally chartered stock savings institution's employee benefit
plan organized in Missouri.
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share
Item 2(e). CUSIP Number:
124794 10 8
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 a:
(f) [X] This person is an Employee Benefit Plan, Pension Fund
which is subject to the provisions of the Employee Retirement
Income Security Act of 1974; see 13d-1(b)(1)(ii)(F).
Item 4. Ownership:
Based on information available to the Employee Benefit Plan as of
December 31, 1998, the reporting person beneficially owned 81,996
shares of the Issuer. This number of shares represents 8% of the
<PAGE>
CUSIP NO. 124794 10 8 Page 3 of 5 pages
common stock, par value $.01 per shares, of the Issuer, based
upon 1,031,851 shares of such common stock outstanding as of
December 31, 1998. As of December 31, 1998, the reporting person
has sole power to vote or to direct the vote of 67,293 shares and
the shares power to vote or direct the vote of 14,703 shares. The
reporting person has sole power to dispose or to direct the
disposition of 81,996 shares of common stock.
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:
Not applicable
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:
The reporting person is an employee benefit plan subject to the
provisions of the Employee Retirement Income Security Act of
1974.
Item 9. Notice of Dissolution of Group:
Not applicable
Item 10. Certification:
By signing below I certify that, to the best of my 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 purposes or effect.
<PAGE>
CUSIP NO. 124794 10 8 Page 5 of 5 pages
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.
Date: February 16, 1999 COMMUNITY BANK OF EXCELSIOR SPRINGS,
A SAVINGS BANK EMPLOYEE STOCK
OWNERSHIP PLAN
/s/ Carmen Walch
________________________________
By: Carmen Walch
Trust Officer
