<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
June 18, 1998
------------------------------------------
Date of Report
(Date of earliest event reported)
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.
Effective June 18, 1998, the Registrant dismissed Miller,
England & Company, Little Rock, Arkansas, as the Registrant's
independent certified public accountants. The Registrant's
dismissal of Miller, England & Company and engagement of KPMG
Peat Marwick LLP was authorized and approved by the Registrant's
Board of Directors on June 18, 1998.
In connection with their audit of the most recent fiscal
year ended June 30, 1997, and during the interim period through
the date hereof, there have been no disagreements with Miller,
England & Company on any matter of accounting principles or
practices, financial statement disclosure or auditing scope or
procedure which, if not resolved to the satisfaction of Miller,
England & Company, would have caused them to make reference to
the subject of such disagreement in connection with their
reports. In addition, there was no adverse opinion or disclaimer
of opinion, or any opinion qualified as to uncertainty, audit
scope or accounting principles, in connection with their audit of
the most recent fiscal year ended June 30, 1997, and during the
interim period through the date hereof.
A copy of a letter from Miller, England & Company stating
that they agree with the statements made by the Registrant in
response to this item is filed as an exhibit hereto.
The Registrant intends to engage KPMG Peat Marwick LLP,
Jackson, Mississippi, as the Registrant's certified public
accountants. The Registrant's engagement of KPMG Peat Marwick
LLP is subject to negotiation and acceptance of appropriate terms
of engagement by the respective parties.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
Exhibit 16: Letter of Miller, England & Company
<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: June 25, 1998 By: /s/ Vida H. Lampkin
----------------------------
Vida H. Lampkin, President
(Duly Authorized Representative)
<PAGE>
[LETTERHEAD OF MILLER, ENGLAND & COMPANY]
June 24, 1998
Securities Exchange Commission
Washington, D.C. 20549
We have been provided with a copy of the Form 8-K of HCB
Bancshares, Inc. Dated June 18, 1998, pertaining to "Item 4.
Changes in Registrant's Certifying Accountant." We affirm and
agree with the disclosures stated therein.
/s/ Miller, England & Company
Miller, England & Company
Little Rock, Arkansas
