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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 13d-2(b)
(Amendment No. __) *
Peoples Bankcorp, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
710811 10 0
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(CUSIP Number)
N/A
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(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)
[X] 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 9 pages
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CUSIP No. 710811 10 0 13G Page 2 of 9 Pages
1. NAME OF REPORTING PERSONS:
Peoples Bankcorp, Inc. Employee Stock Ownership Plan Trust
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [ ]
(b) [ x ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
State of New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5. SOLE VOTING POWER 0
6. SHARED VOTING POWER 10,751
7. SOLE DISPOSITIVE POWER: 0
8. SHARED DISPOSITIVE POWER: 10,751
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 10,751
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 8.0%
12. TYPE OF REPORTING PERSON: EP
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CUSIP No. 710811 10 0 13G Page 3 of 9 Pages
1. NAME OF REPORTING PERSONS:
Robert E. Hentschel
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [ ]
(b) [ X ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5. SOLE VOTING POWER: 0
6. SHARED VOTING POWER: 17,751
7. SOLE DISPOSITIVE POWER: 0
8. SHARED DISPOSITIVE POWER: 17,751
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 17,751
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 13.2%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 710811 10 0 13G Page 4 of 9 Pages
1. NAME OF REPORTING PERSONS:
Anthony P. LeBarge, Sr.
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [ ]
(b) [ X ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5. SOLE VOTING POWER: 0
6. SHARED VOTING POWER: 18,751
7. SOLE DISPOSITIVE POWER: 0
8. SHARED DISPOSITIVE POWER: 18,751
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 18,751
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 14.0%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 710811 10 0 13G Page 5 of 9 Pages
1. NAME OF REPORTING PERSONS:
George E. Silver
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [ ]
(b) [ X ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5. SOLE VOTING POWER: 0
6. SHARED VOTING POWER: 18,751
7. SOLE DISPOSITIVE POWER: 0
8. SHARED DISPOSITIVE POWER: 18,751
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 18,751
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 14.0%
12. TYPE OF REPORTING PERSON: IN
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CUSIP No. 710811 10 0 13G Page 6 of 9 Pages
1. NAME OF REPORTING PERSONS:
Wesley L. Stitt
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
(a) [ ]
(b) [ X ]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America.
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON
WITH:
5. SOLE VOTING POWER: 0
6. SHARED VOTING POWER: 18,751
7. SOLE DISPOSITIVE POWER: 0
8. SHARED DISPOSITIVE POWER: 18,751
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON: 18,751
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11 EXCLUDES
CERTAIN SHARES: [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9: 14.0%
12. TYPE OF REPORTING PERSON: IN
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Page 7 of 9 Pages
ITEM 1(a) NAME OF ISSUER:
Peoples Bankcorp, Inc.
ITEM 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
825 State Street
Ogdensburg, New York 13699
ITEM 2(a) NAME OF PERSON(S) FILING:
Peoples Bankcorp, Inc. Employee Stock Ownership Plan
Trust ("ESOP"), and the following individuals who serve as its
trustees: Anthony P. LeBarge, Robert E. Hentschel, Wesley L.
Stitt, and George E. Silver.
ITEM 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
Same as Item 1(b).
ITEM 2(c) CITIZENSHIP:
See Row 4 of the second part of the cover page provided
for each reporting person.
ITEM 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.01 per share.
ITEM 2(e) CUSIP NUMBER:
See the upper left corner of the second part of the cover
page provided for each reporting person.
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] An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F);
If this statement is filed pursuant to Rule 13d-1 (c),
check this box. [x]
Items (a), (b), (c), (d), (e), (g), (h), (i), and (j) are
not applicable. This Schedule 13G is being filed on behalf of
the ESOP identified in Item 2(a), filing under the Item 3(f)
classification, and by each trustee of the trust established
pursuant to the ESOP, filing pursuant to Rule 13d-1(c) and
applicable SEC no-action letters.
ITEM 4. OWNERSHIP:
(a) Amount Beneficially Owned: See Row 9 of the
second part of the cover page provided for each
reporting person.
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Page 8 of 9 Pages
(b) Percent of Class: See Row 11 of the second part
of the cover page provided for each reporting
person.
(c) See Rows 5, 6, 7, and 8 of the second part of the
cover page provided for each reporting person.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following: [ ]
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON:
Peoples Bankcorp, Inc., in its capacity as the ESOP
Committee, has the power to determine whether dividends on
allocated shares that are paid to the ESOP trust are distributed
to participants or are used to repay the ESOP loan.
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.
ITEM 10. CERTIFICATION:
By signing below, each signatory in the capacity of an ESOP
trustee certifies that, to the best of his or her knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and 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.
By signing below, each signatory in his or her individual
capacity certifies that, to the best of his or her 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.
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Page 9 of 9 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.
PEOPLES BANKCORP, INC.
EMPLOYEE STOCK OWNERSHIP PLAN TRUST
By Its Trustees:
/s/ Anthony P. LeBarge January 13, 1999
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Anthony P. LeBarge, as Trustee Date
/s/ Robert E. Hentschel January 13, 1999
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Robert E. Hentschel, as Trustee Date
/s/ Wesley L. Stitt January 13, 1999
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Wesley L. Stitt, as Trustee Date
/s/ George E. Silver January 13, 1999
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George E. Silver, as Trustee Date
/s/ Anthony P. LeBarge January 13, 1999
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Anthony P. LeBarge, as an Individual Date
Stockholder
/s/ Robert E. Hentschel January 13, 1999
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Robert E. Hentschel, as an Individual Date
Stockholder
/s/ Wesley L. Stitt January 13, 1999
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Wesley L. Stitt, as an Individual Date
Stockholder
/s/ George E. Silver January 13, 1999
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George E. Silver, as an Individual Date
Stockholder
