CUSIP NO. 658788104 13G
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)
North Country Financial Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
658788104
(CUSIP Number)
12/31/99
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule
pursuant to which this Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
* 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).
<PAGE>
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
(entities only)
Ernest D. King ###-##-####
Vides E. King ###-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(See Instructions)
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF
ORGANIZATION
United States
5 SOLE VOTING POWER
* Ernest D. King 256,372 Shares
NUMBER OF
SHARES ** Vides E. King 256,372 Shares
BENEFICIALLY 6 SHARED VOTING POWER
OWNED
BY Ernest D. King and Vides E.King
EACH 3,048 Shares
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON * Ernest D. King 256,372 Shares
WITH
** Vides E. King 256,372 Shares
8 SHARED DISPOSITIVE POWER
Ernest D. King and Vides E. King
3,048 Shares
* Shares held in the following: Ernest D. King Living Trust
** Shares held in the following: Vides E. King Living Trust
Ernest and Vides King are married.
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Total owned by Mr. and Mrs. King 515,792 Shares
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)
EXCLUDES CERTAIN SHARES (See Instructions)
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
7.4%
12 TYPE OF REPORTING PERSON (See Instructions)
IN
<PAGE>
Item 1(a). Name of Issuer:
North Country Financial Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
3530 North Country Drive
Traverse City, Michigan 49684
Item 2(a) Name of Person Filing:
Ernest D. King
Vides E. King
Item 2(b) Address of Principal Business Office or, if None, Residence:
P.O. Box 216
Naubinway, Michigan 49762
Item 2(c) Citizenship:
United States
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
658788104
Item 3. If this statement is 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) [ ] 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 of 1940.
(e) [ ] An investment adviser registered in accordance
with Rule 13d-(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person, in
accordance with Rule 13d-1(b)(ii)(G).
(h) [ ] A savings association as defined in Section 3(b)
of the Federal Deposit Insurance Act.
(i) [ ] A church plan that is excluded from the
definition of an investment company under Section
3(c)(14) of the Investment Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J);
If this statement is filed pursuant to Rule 13d- 1(c), check this box [ ].
<PAGE>
Item 4. Ownership
Provide the following information regarding the
aggregate number and percentage of the class of
securities of the issuer identified in Item 1.
(a) Amount Beneficially Owned:
515,792 Shares
(b) Percent of Class:
7.4%
(c) Number of shares to which such person has:
(i) Sole power to vote or to direct the vote:
* Ernest D. King 256,372 Shares
** Vides E. King 256,372 Shares
(ii) Shared power to vote or to direct the vote:
Ernest D. King and Vides E. King 3,048 Shares
(iii) Sole power to dispose or to direct the disposition of:
* Ernest D. King 256,372 Shares
** Vides E. King 256,372 Shares
(iv) Shared power to dispose or to direct the disposition of:
Ernest D. King and Vides E. King 3,048
* Shares held in the following: Ernest D. King Living Trust
** Shares held in the following: Vides E. King Living Trust
Ernest and Vides King are married.
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.
Non applicable
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.
Not Applicable
Signature:
After reasonable inquiry and to the best of
my knowledge and belief, I certify that the information
set forth in this Schedule 13G is true, complete and
correct.
February 10, 2000
/s/ Ernest D. King
----------------------
Ernest D. King
/s/ Vides E. King
----------------------
Vides E. King
NOTE: Schedules filed in paper format shall
include a signed original and five copies of the
schedule, including all exhibits. See Section 140.13d-
7 for other parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions
of fact constitute Federal criminal violations. (See 18
U.S.C. 1001)
