IBL BANCORP
SC 13G/A, 2000-02-09
SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED
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CUSIP NO. 449219 10 4                                          Page 1 of 5 Pages

                       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. 1 )1
                                             -----



                                IBL BANCORP, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)



                     Common Stock, Par Value $.01 Per Share

- --------------------------------------------------------------------------------
                         (Title of Class of Securities)



                                   449219 10 4
- --------------------------------------------------------------------------------
                                 (CUSIP Number)



                                December 31, 1999
- --------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                                [ ]  Rule 13d-1(b)
                                [X]  Rule 13d-1(c)
                                [ ]  Rule 13d-1(d)

- ----------------
1 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 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>

CUSIP NO. 449219 10 4                                          Page 2 of 5 Pages


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

                       G. Lloyd Bouchereau, Jr.
- --------------------------------------------------------------------------------
2.                     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP   (a)[ ]
                                                                          (b)[ ]
- --------------------------------------------------------------------------------
3.                     SEC USE ONLY
- --------------------------------------------------------------------------------
4.                     CITIZENSHIP OR PLACE OF ORANIZATION

                       United States
- --------------------------------------------------------------------------------
    NUMBER OF SHARES   5.   SOLE VOTING POWER
     BENEFICIALLY
       OWNED BY                 8,737
    EACH REPORTING     ---------------------------------------------------------
      PERSON  WITH     6.   SHARED VOTING POWER

                            6,000
                       ---------------------------------------------------------
                       7.   SOLE DISPOSITIVE POWER

                            7,332
                       ---------------------------------------------------------
                       8.   SHARED DISPOSITIVE POWER

                            6,000
- --------------------------------------------------------------------------------
9.                     AGGREGATE  AMOUNT  BENEFICIALLY  OWNED BY EACH  REPORTING
                       PERSON
                       14,737
- --------------------------------------------------------------------------------
10.                    CHECK BOX IF THE  AGGREGATE  AMOUNT  IN ROW (9)  EXCLUDES
                       CERTAIN SHARES
                                                                             [X]
- --------------------------------------------------------------------------------
11.                    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                       6.93%
- --------------------------------------------------------------------------------
12.                    TYPE OF REPORTING PERSON

                       IN
- --------------------------------------------------------------------------------
<PAGE>
CUSIP NO. 449219 10 4                                          Page 3 of 5 Pages

Item 1(a)      Name of Issuer:

               IBL Bancorp, Inc.

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

               23910 Railroad Ave.
               Plaquemine, LA 70764.

Item 2(a)      Name of Person Filing:

               G. Lloyd  Bouchereau,  Jr. Mr.  Bouchereau  is the  President and
               Chief Executive Officer of the Issuer.

Item 2(b)      Address of Principal Business Office or, if None, Residence:

               IBL Bancorp, Inc.
               23910 Railroad Ave.
               Plaquemine, LA 70764.

Item 2(c)      Citizenship:

               United States.

Item 2(d)      Title of Class of Securities:

               Common Stock, par value $.01 per share.

Item 2(e)      CUSIP Number

               449219 10 4

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:

               This statement is filed pursuant to Rule 13d-1(c).          [X]

Item 4         Ownership

               (a)  G.  Lloyd   Bouchereau,   Jr.   (the   "Reporting   Person")
                    beneficially  owns 14,737  Shares of the common  stock,  par
                    value $.01 per share, of IBL Bancorp, Inc. (the "Issuer").

<PAGE>
CUSIP NO. 449219 10 4                                         Pages 4 of 5 Pages


               (b)  The 14,737  shares held by the Reporting  Person  represents
                    approximately 6.93% of the class.

               (c)  Number of shares as to which such person has:

                    (i)   Sole power to vote or to direct the vote 8,737
                                                                   -----
                    (ii)  Shared power to vote or to direct vote 6,000
                                                                 -----
                    (iii) Sole power to dispose or to direct the  disposition of
                                                                           7,332
                                                                           -----
                    (iv)  Shared  power to dispose or to direct the  disposition
                                                                        of 6,000
                                                                           -----

                    *  Excludes the unallocated shares held by the ESOP,
                       of which Mr. Bouchereau is one of three trustees.
                       Also excludes the unvested options Mr. Bouchereau
                       was  awarded  in 1999  which are not  exercisable
                       within the next 60 days.  The 8,737  shares as to
                       which the Reporting  Person has sole voting power
                       include  1,757  shares that may be received  upon
                       exercise of currently  exercisable stock options,
                       1,405 restricted  shares that have not yet vested
                       under  the  Issuer's  Recognition  and  Retention
                       Plan,  and 872 shares  allocated to the Reporting
                       Person's  account  under  the  Issuer's  Employee
                       Stock Ownership  Plan. The Reporting  Person does
                       not  have   dispositive   power  over  the  1,405
                       unvested restricted shares.

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.

               Not Applicable.

Item 9         Notice of Dissolution of Group.

               Not Applicable.
<PAGE>
CUSIP NO. 449219 10 4                                          Page 5 of 5 Pages


Item 10          Certification

                       By  signing  below,  I  certify  that,  to the best of my
                       knowledge and belief,  the  securities  referred to above
                       were not  acquired and are not held for the purpose of or
                       with the effect of changing or influencing the control of
                       the issuer of the  securities  and were not  acquired and
                       are not held in connection  with or as a  participant  in
                       any transaction having that purpose or effect.




                                    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.


January 31, 2000                                By: /s/ G. Lloyd Bouchereau, Jr.
                                                    ----------------------------
                                                        G. Lloyd Bouchereau, Jr.



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