<PAGE>
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------------------
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
October 1, 1998
No. 0-22423
-------------------------------
Commission File Number
HCB Bancshares, Inc.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Oklahoma 62-1670792
- ------------------------ -------------------
(State of Incorporation) (I.R.S. Employer
Identification No.)
237 Jackson Street, Camden, Arkansas 71701
- ---------------------------------------- -----------
(Address of Principal Executive Offices) (Zip Code)
(870) 836-6841
------------------------------
Registrant's Telephone Number,
Including Area Code
<PAGE>
<PAGE>
Item 4. Changes in Registrant's Certifying Accountant.
---------------------------------------------
In a Current Report on Form 8-K dated June 25, 1998, the
Registrant reported that the engagement of KPMG Peat Marwick
LLP, Jackson, Mississippi, as its independent accountants was
authorized and approved by the Registrant's Board of Directors
on June 18, 1998. The Registrant further reported that at that
time it intended to engage KPMG Peat Marwick LLP as its
certified public accountants and that the engagement of KPMG
Peat Marwick LLP was subject to negotiation and acceptance of
appropriate terms of engagement by the respective parties.
Subsequent to that time, the Registrant and KPMG Peat Marwick
LLP were unable to reach an agreement, and KPMG Peat Marwick LLP
was not engaged.
Effective October 1, 1998, the Registrant engaged
Deloitte & Touche, LLP, Little Rock, Arkansas, as its
independent accountants.
<PAGE>
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized as of
the date set forth below.
HCB BANCSHARES, INC.
Date: October 7, 1998 By: /s/ Vida H. Lampkin
----------------------------
Vida H. Lampkin, President
(Duly Authorized Representative)
