SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 12)*
DEPOSIT GUARANTY CORP.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
24955510
(CUSIP Number)
*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).
This Amendment to Schedule 13G is for the calendar year ended
December 31, 1996.
<PAGE>
CUSIP NO. 24955510 13G
1 NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Deposit Guaranty National Bank, as trustee
64-0147200
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Organized under the laws of the United States
NUMBER OF 5 SOLE VOTING POWER
SHARES 2,807,441
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 25,948
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 2,191,373
PERSON 8 SHARED DISPOSITIVE POWER
WITH 92,289
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,882,398
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.36%
12 TYPE OF REPORTING PERSON* BK
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SCHEDULE 13G
Item 1 (a) Name of Issuer:
Deposit Guaranty Corp.
Item 1 (b) Address of Issuer's Principal Executive Offices:
210 East Capitol Street
Jackson, Mississippi 39205
Item 2 (a) Name of Person Filing:
Deposit Guaranty National Bank, as trustee
Item 2 (b) Address of Principal Business Office:
210 East Capitol Street
Jackson, Mississippi 39205
Item 2 (c) Citizenship:
See Item 4 of Cover Page
Item 2 (d) Title of Class of Securities:
See Cover Page
Item 2 (e) CUSIP Number:
See Cover Page
Item 3:
If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15
of the Act.
(b) [X] Bank as defined in section 3(a)(6) of the
Act.
(c) [ ] Insurance Company as defined in section
3(a)(19) of the Act.
(d) [ ] Investment Company registered under section 8
of the Investment Company Act.
(e) [ ] Investment Adviser registered under section
203 of the Investment Advisers Act of 1940.
(f) [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund; see Sec. 240.13d-1(b)(1)(ii)(F).
(g) [ ] Parent Holding Company, in accordance with Sec.
240.13d-1(b)(ii)(G) (Note: See Item 7).
(h) [ ] Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(H).
Item 4 Ownership:
(a) Amount Beneficially Owned: Deposit Guaranty National
Bank, in its capacity as trustee, may be deemed beneficial owner
of 2,882,398 shares held in various trusts.
(b) Percent of Class: 7.36%
(c) For information on voting and dispositive power with
respect to the above listed shares, see Items 5-8 of Cover Page.
Item 5 Ownership of Five Percent or Less of a Class:
N/A
Item 6 Ownership of More Than Five Percent on Behalf of Another
Person:
Shares as to which this Schedule is filed are owned by a
variety of trusts for which the person filing this Schedule acts
as trustee. These trusts or the beneficiaries thereof receive
dividends and the proceeds from the sale of such shares. No such
individual trust or beneficiary or related group of trusts or
beneficiaries is known to have such interest with respect to more
than 5% of the class.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported On By the Parent Holding
Company:
N/A
Item 8 Identification and Classification of Members of the Group:
N/A
Item 9 Notice of Dissolution of Group:
N/A
Item 10 Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purposes 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.
Date: February 10, 1997
Signature:/s/ Richard D. Spurgeon
Name and Title: Richard Spurgeon,
Senior Vice President
