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Securities and Exchange Commission
Washington, D.C. 20549
Amendment No. 2
to
SCHEDULE 13D
Under the Securities Exchange Act of l934
Financial Bancorp, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
31738T100
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Simeon Brinberg (CUSIP Number)
60 Cutter Mill Road, Great Neck, New York 11021 516-466-3100
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 25, 1998
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule l3G to
report the acquisition which is the subject of this Schedule l3D, and is filing
this schedule because of Rule l3d-l(b)(3) or (4), check the following box / /.
NOTE: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule l3d-l(a) for other
parties to whom copies are to be sent.
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Cusip No. 31738T100
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l. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BRT Realty Trust - 13-2755856
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2. CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b)
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
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7. SOLE VOTING POWER - 125,500
NUMBER OF _____________________________________________
SHARES 8. SHARED VOTING POWER -
BENEFICIALLY ____________________________________________
OWNED BY 9. SOLE DISPOSITIVE POWER - 125,500
EACH _____________________________________________
REPORTING 10. SHARED DISPOSITIVE POWER -
PERSON WITH _____________________________________________
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON - 125,500
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12. CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.35
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14. TYPE OF
REPORTING PERSON*
OO
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This amendment amends statement on Schedule 13D dated September 4, 1997, as
amended to date and except as amended hereby, the statement, as previously
amended, remains in effect.
Item 3. Source and Amount of Funds or Other Consideration
As of the date hereof, BRT owns 125,500 shares of Common Stock of the Company.
The funds used to acquire these shares were derived from BRT's working capital.
Item 5. Interest in Securities of the Issuer
(a) BRT owns, as of this date, 125,500 shares of Common Stock of the Company,
constituting approximately 7.35% of the 1,706,700 shares of Common Stock
outstanding.
(b) BRT has sole voting and dispositive power with respect to the shares of
Common Stock it beneficially owns.
(c) In the past sixty (60) days BRT has sold shares of Common Stock of the
Company as follows:
Date of Purchase Number of Shares Per Share Price
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6/24/98 5,000 31.625
6/25/98 10,000 31.813
6/25/98 5,000 31.875
All shares referred to above were sold in the over-the-counter market.
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Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this amendment is true, complete and correct.
Dated: June 29, 1998
BRT REALTY TRUST
By s/Simeon Brinberg
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Senior Vice President
