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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
OMB APPROVAL
--------------------------
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hours per person.... 14.90
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2 )*
------------
BHC Financial, Inc.
(Name of Issuer)
Common Shares, $.001 Par Value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
05544W101
- --------------------------------------------------------------------------------
(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 (2/92) Page 1 of 5 pages
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<TABLE>
<CAPTION>
- ----------------------------------------- -----------------------------------------
| CUSIP NO. 05544W101 | 13G | Page 2 of 5 Pages |
| ------------- | | ------- ------- |
- ----------------------------------------- -----------------------------------------
<S> <C> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------------------------------------
1 | NAME OF REPORTING PERSON
| S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
|
| Fifth Third Bancorp
| 31-0854434
- ------|----------------------------------------------------------------------------------------------------------------------------
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
| (a) / x /
|
| (b) / /
- ------|----------------------------------------------------------------------------------------------------------------------------
3 | SEC USE ONLY
|
|
- ------|----------------------------------------------------------------------------------------------------------------------------
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
|
| Ohio Corporation
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| 5 | SOLE VOTING POWER
NUMBER OF | |
SHARES | | 347,667
BENEFICIALLY |--------|--------------------------------------------------------------------------------------------
OWNED BY | 6 | SHARED VOTING POWER
EACH | |
REPORTING | | 0
PERSON |--------|--------------------------------------------------------------------------------------------
WITH | 7 | SOLE DISPOSITIVE POWER
| |
| | 347,667
|--------|--------------------------------------------------------------------------------------------
| 8 | SHARED DISPOSITIVE POWER
| |
| | 0
- -----------------------------------------------------------------------------------------------------------------------------------
9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
| 347,667
- ------|----------------------------------------------------------------------------------------------------------------------------
10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|
| NOT APPLICABLE
- ------|----------------------------------------------------------------------------------------------------------------------------
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
|
| 4.97%
- ------|----------------------------------------------------------------------------------------------------------------------------
12 | TYPE OF REPORTING PERSON*
| HC
- -----------------------------------------------------------------------------------------------------------------------------------
</TABLE>
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 5 pages
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BHC Financial, Inc. Page 3 of 5
05544W101
Item 1 (a) Name of Issuer:
BHC Financial, Inc.
Item 1 (b) Address of Issuer's Principal Executive Office:
One Commerce Square
2005 Market Street, 12th Floor
Philadelphia, PA 19103
Item 2 (a) - (c) Names, Addresses & Citizenship of Persons Filing:
Fifth Third Bancorp
38 Fountain Square Plaza
Cincinnati, Ohio 45263
Item 2 (d) Title of Class of Securities:
Common Shares, $.001 par value
Item 2 (e) CUSIP Number:
05544W101
Item 3 Fifth Third Bancorp is filing as a parent holding
company in accordance with Section 240.13 (d-1)(b)
(ii)(G) of the Exchange Act Rules.
Item 4 Ownership:
This report relates to beneficial holdings by Fifth
Third Bancorp, through Fifth Third Investment Company,
a 100% owned subsidiary, of an aggregate of 347,677
outstanding shares of the Common Stock of BHC
Financial, Inc., $.001 par value.
The following tabulations set forth the shares with
respect of which voting rights are held or
shared and those shares to which there is the power of
disposal.
(a) Amount Beneficially Owned:
The following are held by Fifth Third Investment Company and are
deemed to be beneficially owned:
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BHC Financial, Inc. Page 4 of 5
05544W101
Powers:
No. of Shares
Full voting; full dispositive 347,667
Full voting; shared dispositive -0-
Full voting; no dispositive -0-
Shared voting; full dispositive -0-
Shared voting; shared dispositive -0-
Shared voting; no dispositive -0-
No voting; full dispositive -0-
No voting; shared dispositive -0-
(b) Percentage of Class:
Fifth Third Bancorp has aggregate beneficial ownership of 4.97%.
(c) Number of Shares as to which such Person has:
(i) Sole Power to Vote or to Direct
the Vote 347,677
(ii) Shared Power to Vote or to Direct
the Vote 0
(iii) Sole Power to Dispose or to Direct
the Disposition of 347,667
(iv) Shared Power to Dispose or to Direct
the disposition of 0
Item 5 Ownership of Five Percent or Less
of a Class.
If this statement is being filed to report the fact that as of
the date hereof this reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following /X/.
Item 6 Ownership of More than Five Percent on Behalf of
Another Person.
Not Applicable
Item 7 Identification and Classification of the Subsidiary which
acquired the Security being Reported on by the Parent
Holding Company.
Fifth Third Bancorp, as parent holding company of the
subsidiary listed below, has filed this schedule. The
subsidiary is filing in accordance with Section 240.13
(d-1)(b)(ii)(G) of the Exchange Act Rules.
<TABLE>
<CAPTION>
List of Banking Subsidiaries Federal Tax ID Number Item 3 Classification
---------------------------- --------------------- ---------------------
<S> <C> <C>
Fifth Third Investment Company 31-1285183 IV
</TABLE>
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BHC Financial, Inc. Page 5 of 5
05544W101
Items 8 Identification and Classification of Members of the Group
Not Applicable
Items 8 Notice of Dissolution of Group
Not Applicable
Item 10 Certification
By signing below the undersigned certifies that, to the best of his
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.
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.
February 1, 1996
- ----------------
Date
THE FIFTH THIRD BANCORP
By: /S/ ROGER W. DEAN
----------------------------
Name: Roger W. Dean
--------------------------
Title: Controller
