FORM 10-Q/A
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
(Mark One)
[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period Ended March 31, 1996
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission File Number: 0-9101
JEFFERSON BANKSHARES, INC.
Incorporated in the I.R.S. Employer ID No.
State of Virginia 54-1104491
123 East Main Street
Post Office Box 711
Charlottesville, Virginia 22902
Telephone (804) 972-1100
Indicate by a check mark whether the Registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months and
(2) has been subject to such filing requirements for the past 90
days. Yes [X] No [ ]
As of April 30, 1996, Registrant has 15,166,508 shares of its
$2.50 par value common stock issued and outstanding.
The Registrant hereby amends the Financial Data Schedule, Exhibit 27,
for the quarter ended March 31, 1996. The previously filed Financial Data
Schedule included information on "Problem Loans" that was incorrect. The
corrected information is shown in the attached amended Financial Data
Schedule.
Signatures
Pursuant to the requirements of the Securiteis Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: August 14, 1996
Jefferson Bankshares, Inc.
By: O. Kenton McCartney
President and
Chief Executive Officer
<TABLE> <S> <C>
<ARTICLE> 9
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> MAR-31-1996
<CASH> 77,037
<INT-BEARING-DEPOSITS> 1,500,741
<FED-FUNDS-SOLD> 10,000
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 192,891
<INVESTMENTS-CARRYING> 447,003
<INVESTMENTS-MARKET> 449,455
<LOANS> 1,237,375
<ALLOWANCE> 13,778
<TOTAL-ASSETS> 2,049,978
<DEPOSITS> 1,788,181
<SHORT-TERM> 14,658
<LIABILITIES-OTHER> 19,073
<LONG-TERM> 0
0
0
<COMMON> 37,915
<OTHER-SE> 190,151
<TOTAL-LIABILITIES-AND-EQUITY> 2,049,978
<INTEREST-LOAN> 27,387
<INTEREST-INVEST> 9,790
<INTEREST-OTHER> 159
<INTEREST-TOTAL> 37,336
<INTEREST-DEPOSIT> 14,365
<INTEREST-EXPENSE> 14,535
<INTEREST-INCOME-NET> 22,801
<LOAN-LOSSES> 780
<SECURITIES-GAINS> 1
<EXPENSE-OTHER> 16,739
<INCOME-PRETAX> 9,943
<INCOME-PRE-EXTRAORDINARY> 6,535
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 6,535
<EPS-PRIMARY> .43
<EPS-DILUTED> 0
<YIELD-ACTUAL> 4.95
<LOANS-NON> 5,898
<LOANS-PAST> 2,413
<LOANS-TROUBLED> 250
<LOANS-PROBLEM> 3,658
<ALLOWANCE-OPEN> 13,432
<CHARGE-OFFS> 599
<RECOVERIES> 165
<ALLOWANCE-CLOSE> 13,778
<ALLOWANCE-DOMESTIC> 11,493
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 2,285
</TABLE>
