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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934, Section 17(a) of the Public Utility Holding Company Act of
1935 or Section 30(f) of the Investment Company Act of 1940
OMB Number: 3235-0104
Expires: September 30, 1998
1. Name and Address of Reporting Person
Lula Sue Silliman
237 Jackson Street
Camden, Arkansas 71701-0878
2. Date of Event Requiring Statement (Month/Day/Year)
4/25/97
3. IRS or Social Security Number of Reporting Person
(Voluntary)
Omitted
4. Issuer Name and Ticker or Trading Symbol
HCB Bancshares, Inc.; HCBB
5. Relationship(s) of Reporting Person(s) to Issuer
[ X ] Director
[ ] 10% Owner
[ ] Officer (give title below)
[ ] Other (specify below)
6. If Amendment, Date of Original
Not Applicable
7. Individual or Joint/Group Reporting:
[ x ] Form Filed by One Reporting Person
[ ] Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
1. Title of Security
Common Stock, par value $0.01 per share
2. Amount of Securities Beneficially Owned
-0-
3. Ownership Form: Direct (D) or Indirect (I)
N/A
4. Nature of Indirect Beneficial Ownership
N/A
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TABLE II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
1. Title of Derivative Security
N/A
2. Date Exercisable and Expiration Date (Month/Day/Year)
Date Exercisable Expiration Date
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N/A N/A
3. Title and Amount of Securities Underlying Derivative Security
Amount of
Title Securities
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N/A N/A
4. Conversion or Exercise Price of Derivative Security
N/A
5. Ownership Form of Derivative Security: Direct (D) or
Indirect (I)
N/A
6. Nature of Indirect Beneficial Ownership
N/A
EXPLANATION OF RESPONSES:
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/s/ Lula Sue Silliman April 17, 1997
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Signature of Reporting Person Date