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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 8 )*
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C B Financial Corporation Michigan
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(Name of Issuer)
Common Stock $7.50 Par Value Per Share
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(Title of Class of Securities)
124795105
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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 or 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 (6-88)
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CUSIP NO. 912795105 13G PAGE 2 OF 7 PAGES
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
City Bank and Trust Company
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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 CITIZENSHIP OR PLACE OF ORGANIZATION
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5 SOLE VOTING POWER
110,402
NUMBER OF ---------------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 5,396
EACH ---------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 110,402
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8 SHARED DISPOSITIVE POWER
5,396
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
115,798
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
4.1%
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12 TYPE OF REPORTING PERSON*
BK
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*SEE INSTRUCTION BEFORE FILLING OUT!
2
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CITY BANK AND TRUST COMPANY
SCHEDULE 13G
Item 1 (a) Name of Issuer:
CB Financial Corporation
Item 1 (b) Address of Issuer's Principal Executive Offices:
One Jackson Square
Jackson, Michigan 49201
Item 2 (a) Name of Person Filing:
City Bank and Trust Company (the "Bank")
Item 2 (b) Address of Principal Business Office or, if none, residence:
One Jackson Square
Jackson, Michigan 49201
Item 2 (c) Organized under the state banking laws under the State of Michigan
Item 2 (d) Title of Class of Securities:
Common stock, $7.50 par value, per share
Item 2 (e) CUSIP Number: 124795-10-5
Item 3 If this statement if filed pursuant to Rule 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 Advisor registered under Section
203 of the Investment Advisers Act of 1940,
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(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 Rule
13d-1(b)(1)(ii)(F),
(g) { } Parent holding company in accordance with
Rule 13d-1(b) (ii)(G), and
(h) { } Group in accordance with Rule 13d-1(b)(1)
(ii)(H).
Item 4 Ownership:
(a) Amount beneficially owned:
As of December 31, 1996, the Bank was the beneficial owner of
115,798 shares; all of these shares were owned by the Bank as
trustee for the benefit of those individuals shown on Exhibit A
attached hereto. With respect to each such trustee relationship,
the Bank exercises the sole voting and dispositive powers over
110,402 shares and shared voting and dispositive powers over 5,396
shares held therein.
(b) Percent of class:
As of December 31, 1996, the Bank was the beneficial owner of
approximately 4.9% of the outstanding common stock of the issuer.
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct
the vote:
110,402
(ii) Shared power to vote or to direct
the vote:
5,396
(iii) Sole power to dispose or to
direct the disposition of:
110,402
(iv) Shared power to dispose or to
direct the disposition of:
5,396
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Item 5 Ownership of 5% or less of a class:
Not applicable
Item 6 Ownership of more than 5% on behalf of another person:
Not applicable
Item 7 Identification and classification of the subsidiary which acquired the
security being report 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, the Bank certifies that, to the best of its
knowledge and belief, the securities referred to above were acquired
by it in the ordinary course of its business and were not acquired for
the purpose of and do not have the affect 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 affect.
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.
January 31, 1997 CITY BANK AND TRUST COMPANY, N.A.
By: Felita Casey Haligus
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Felita Casey Haligus
Trust Operations Officer
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Exhibit A
<TABLE>
<CAPTION>
Held in Trust Sole or
# Shares For Benefit of: Shared Power
-------- --------------------------------- ------------
<S> <C> <C>
1,108 Eva Gifford Sole
2,500 George M Carter Sole
6,048 Elsie W Bancker Sole
2,052 W D Thompson fbo Wilma Minser Sole
2,196 W D Thompson fbo Ann Johnson Sole
612 W D Thompson fbo Jacqueline Marsh Sole
4,332 David Miller Residual Sole
2,587 N Wiener fbo J Rosenberg Sole
3,546 N Wiener fbo M Burstein Sole
8,772 Leslie McCullough Sole
23,242 Irene B Collins Sole
6,198 James K Shierson Trust B Sole
42,510 Leland S. Bisbee Jr. Estate Sole
2,378 Barbara R White Sole
1,885 Enoch T White Jr. Sole
436 Roy Briggs Sole
1,196 Larry Burns Trust Shared
1,260 G Boyd Vass Trust Marital Shared
2,940 G Boyd Vass Trust Residual Shared
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115,798
</TABLE>
