FORM 10-Q/AMENDED
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
of the Securities Exchange Act of 1934
For Quarter Ended March 31, 1996 Commission File Number 33-33940
FINANCIAL BANCSHARES, INC.
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(Exact name of registrant as specified in its charter)
Missouri 43-1251071
------------------------------- -------------------------
(State or other Jurisdiction of (I.R.S. Employer
incorporation or organization) identification number)
3805 South Broadway, St. Louis, Missouri 63118-4607
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(Address of principal executive office including Zip Code)
Registrant's telephone number, including area code 314-664-6250
Indicate by 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 (or for such
shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90
days.
YES X NO
Indicate the number of shares outstanding of each of the issuer's
classes of common stock - as of March 31, 1996 684,377 shares of
common stock par value $ .01 per share.
This document constitutes part of a prospectus covering securities that have
been registered under the Securities Act of 1933.
FINANCIAL BANCSHARES, INC.
Date: August 6, 1996 /s/ Arthur E. S. Schmid
Arthur E. S. Schmid,
Chairman and
Chief Executive Officer
FINANCIAL BANCSHARES, INC.
Date: August 6, 1996 /s/ Edward J. Vega
Edward J. Vega,
Senior Vice President and
Chief Financial Officer
<TABLE> <S> <C>
<ARTICLE> 9
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> MAR-31-1996
<CASH> 9,525
<INT-BEARING-DEPOSITS> 1,618
<FED-FUNDS-SOLD> 10,295
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 106,143
<INVESTMENTS-CARRYING> 106,143
<INVESTMENTS-MARKET> 106,143
<LOANS> 185,934
<ALLOWANCE> 4,287
<TOTAL-ASSETS> 325,403
<DEPOSITS> 293,914
<SHORT-TERM> 644
<LIABILITIES-OTHER> 2,924
<LONG-TERM> 4,019
0
0
<COMMON> 7
<OTHER-SE> 23,895
<TOTAL-LIABILITIES-AND-EQUITY> 325,403
<INTEREST-LOAN> 4,149
<INTEREST-INVEST> 1,583
<INTEREST-OTHER> 224
<INTEREST-TOTAL> 5,956
<INTEREST-DEPOSIT> 2,830
<INTEREST-EXPENSE> 2,933
<INTEREST-INCOME-NET> 3,023
<LOAN-LOSSES> 183
<SECURITIES-GAINS> 2
<EXPENSE-OTHER> 2,267
<INCOME-PRETAX> 953
<INCOME-PRE-EXTRAORDINARY> 599
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 599
<EPS-PRIMARY> 0.88
<EPS-DILUTED> 0.88
<YIELD-ACTUAL> 3.96
<LOANS-NON> 792
<LOANS-PAST> 411
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 2,942
<ALLOWANCE-OPEN> 4,160
<CHARGE-OFFS> 124
<RECOVERIES> 68
<ALLOWANCE-CLOSE> 4,287
<ALLOWANCE-DOMESTIC> 0
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 1,100
</TABLE>
