UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13G
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Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Peoples Bancorp Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
709789101
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(CUSIP Number)
Check the following box if a fee is being paid with this
statement ___. (A fee is not required only if the filing
person: (1) has a previous statement on file reporting
beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five
percent to less of such class.) (See Rule 13d-7).
*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).
SEC 1745 (292)
CUSIP No. 709789 10 1 13G
1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Peoples Banking and Trust Company
2. CHECK THE APPROPRIATE BOX IS A MEMBER OF A GROUP*
(a) ___
(b) ___ N/A
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Ohio
NUMBER OF 5. SOLE VOTING POWER
SHARES
BENEFICIALLY 205,234 Shares*
OWNED BY
EACH 6. SHARED VOTING POWER
REPORTING
PERSON 454,672 Shares*
WITH
7. SOLE DISPOSITIVE POWER
159,204 Shares*
8. SHARED DISPOSITIVE POWER
500,702 Shares*
*The reporting person, and the officers and directors
of the reporting person, disclaim beneficial
ownership of all of these shares.
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
659,906
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
19.00%
12. TYPE OF REPORTING PERSON*
*SEE INSTRUCTION BEFORE FILLING OUT!
Item 1(a). Name of Issuers.
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Peoples Bancorp Inc.
Item 1(b). Address of Issuer's Principal Executive Offices.
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P.O. Box 738
Marietta, Ohio 45750
Item 2(a). Names of Person Filing.
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The Peoples Banking and Trust Company
Item 2(b). Address of Principal Business Office or, if none,
Residence.
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P.O. Box 738
Marietta, Ohio 45750
Item 2(c). Citizenship.
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Ohio
Item 2(d). Title of Class of Securities.
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Common Stock
Item 2(e). CUSIP Number.
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709789 10 1
Item 3.
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The reporting person is a bank as defined
in section 3(a) (6) of the Securities Exchange Act
of 1934, as amended.
Item 4. Ownership.
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(a) Amount beneficially owned: 659,906
(b) Percent of Class: 19.00%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
205,234
(ii) Shared power to vote or to direct the vote:
454,672
(iii) Sole power to dispose or to direct the
disposition of:
159,204
(iv) Shared power to dispose or to direct the
disposition of:
500,702
(1) The reporting person, and the officers and directors
of the reporting person, disclaim beneficial
ownership of these shares.
(2) Based upon a total of 3,465,734 issued and
outstanding shares.
Item 5. Ownership of 5% or Less of a Class.
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Not Applicable.
Item 6. Ownership of More than 5% on Behalf of Another Person.
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Certain of the trusts in which shares of the
issuer are invested and for which the reporting
person is Trustee provide for the grantor and/or
beneficiaries to share in the direction of the
dividends and proceeds from the sale of issuer
securities. No individual trust holds more than 5%
of the total issued and outstanding shares of the issuer.
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by
the Parent Holding Company.
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Not Applicable.
Item 8. Identification and Classification of Members of the Group.
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Not Applicable.
Item 9. Notice of Dissolution of Group.
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Not Applicable.
Item 10. Certification.
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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
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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.
The Peoples Banking and Trust Company
By: /s/ ROSE N. HAAS
Print Name: Rose N. Haas
Its: Vice President and Chief Investment Officer
Dated: As of February 6, 1998
