FIRST ALLEN PARISH BANCORP INC
SC 13G, 1999-02-12
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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               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)*


                First Allen Parish Bancorp, Inc.
                        (Name of Issuer)


             Common Stock, $.01 par value per share
                 (Title of Class of Securities)

                          317938 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.      317938 10 8                          Page 2 of 5 Pages


1    NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON(ENTITIES
     ONLY)

          First Federal Savings and Loan Association of Allen Parish
          Employee Stock Ownership Plan and Trust
          IRS ID No. 72-0567284


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 Louisiana


NUMBER OF       5  SOLE VOTING POWER
SHARES             18,515
BENEFICIALLY    6  SHARED VOTING POWER
OWNED BY           2,645
EACH            7  SOLE DISPOSITIVE POWER
REPORTING          21,160
PERSON WITH     8  SHARED DISPOSITIVE POWER
                   0

9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          21,160

10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

          8% of 264,506  shares of Common Stock  outstanding  as of December 31,
          1998.

12   TYPE IN REPORTING PERSON*

          EP


<PAGE>

CUSIP NO.      317938 10 8                          Page 3 of 5 Pages


Item 1(a). Name of Issuer:

           First Allen Parish Bancorp, Inc.

Item 1(b)  Address of Issuer's Principal Executive Offices:

           222 South 10th  Street  
           Oakdale,  Louisiana  71463 

Item 2(a). Name of Person Filing:

           First Federal  Savings and Loan  Association of Allen Parish  
           Employee Stock Ownership Plan 
           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 Louisiana.

Item 2(d). Title of Class of Securities:

           Common Stock, par value $.01 per share

Item 2(e). CUSIP Number:

           317938 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 in information available to the Employee Benefit Plan as of
           December 31, 1998, the reporting person beneficially owned 21,160
           shares of the Issuer. This number of shares represents 8% of the

<PAGE>

CUSIP NO.      317938 10 8                          Page 4 of 5 Pages

          common  stock,  par value $.01 per shares,  of the Issuer,  based upon
          264,506  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 18,515  shares  and the shares  power to
          vote or direct the vote of 2,645 shares. The reporting person has sole
          power to  dispose  or to direct the  disposition  of 21,160  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.      317938 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 11, 1999            FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
                                   ALLEN PARISH EMPLOYEE STOCK OWNERSHIP PLAN 
                                   AND TRUST



                                   /s/ Carmen Walch
                                   ____________________________________ 
                                   By: Carmen Walch
                                       Trust Officer




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