SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
AMENDMENT NO. 9
HOMELAND BANKSHARES CORPORATION
(FKA IOWA NATIONAL BANKSHARES CORP)
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(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
43739F-10-4
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(CUSIP Number)
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Check the following box if a fee is being paid with this
statement [ ].
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1) Names of Reporting Persons/S. S. or I. R. S. Identification
Nos. of Above Persons: HOMELAND BANK, NATIONAL ASSOCIATION
(FKA THE NATIONAL BANK OF WATERLOO, TIN #42-0587453)
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2) Check the Appropriate Row if a Member of a Group:
(a) NOT APPLICABLE
(b) NOT APPLICABLE
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3) SEC Use Only:
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4) Citizenship or Place of Organization: UNITED STATES
(LOCATED IN IOWA)
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Number of (5) Sole Voting Power: 181,896
Shares Bene-
ficially (6) Shared Voting Power: 349,742
Owned by
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Each Report- (7) Sole Dispositive Power: 249,305
ing Person
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With (8) Shared Dispositive Power: 282,333
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(9) Aggregate Amount Beneficially Owned by Each Reporting
Person: 531,638
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10) Check if the Aggregate Amount in Row (9) Excludes Certain
Shares: [ ]
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11) Percent of Class Represented by Amount in Row 9: 9.3%
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12) Type of Reporting Person: BK
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ITEM 1(A).NAME OF ISSUER
Homeland Bankshares Corporation (fka Iowa National
Bankshares Corp)
ITEM 1(B).ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
229 East Park Avenue, Waterloo, Iowa 50704-5300
ITEM 2(A).NAME OF PERSON FILING
Homeland Bank, National Association (fka The National
Bank of Waterloo)
ITEM 2(B).ADDRESS OF PRINCIPAL BUSINESS OFFICE
100 East Park Avenue, Waterloo, Iowa 50704-5200
ITEM 2(C).CITIZENSHIP
Incorporated under the laws of the United States with
its main office located in Waterloo, Iowa.
ITEM 2(D).TITLE OF CLASS OF SECURITIES
Common Stock
ITEM 2(E).CUSIP NUMBER
43739F-10-4 (previously 462483-10-8)
ITEM 3. FILING PERSON PURSUANT TO RULE 13D-1(B)
(B). A Bank as defined in Section 3(a)(6) of the Act
ITEM 4. OWNERSHIP
(A). Amount beneficially owned at December 31, 1996:
531,638 shares
(B). Percent of class at December 31, 1996: 9.3%
(C). Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 181,896
shares
(ii) shared power to vote or to direct the vote:
349,742 shares
(iii) sole power to dispose or to direct the
disposition of: 249,305 shares
(iv) shared power to dispose or to direct the
disposition of: 282,333 shares
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON
None
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY
WHICH ACQUIRED THE SECURITY BEING REPORTED 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 PURSUANT TO RULE 13D-1(B)
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.
January 16, 1997
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Date
Homeland Bank, National Association
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Robert S. Kahler
Executive Vice President
