INTER REGIONAL FINANCIAL GROUP INC
10-Q/A, 1996-10-11
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
Previous: STARWOOD LODGING TRUST, 424B4, 1996-10-11
Next: INTERNATIONAL BANK FOR RECONSTRUCTION & DEVELOPMENT, BW-3, 1996-10-11



                SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C.  20549

                          _____________


                           FORM 10-Q/A-1

 X       QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
- ---          OF THE SECURITIES EXCHANGE ACT OF 1934

              For the quarter ended June 30, 1996

                               or

         TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
- ---          OF THE SECURITIES EXCHANGE ACT OF 1934


                   Commission file number 1-8186

                Inter-Regional Financial Group, Inc.
        (Exact name of registrant as specified in its charter)


           DELAWARE                            41-1228350
   (State or other jurisdiction              (IRS Employer
 of incorporation of organization)           Identification
                                                 Number)

      Dain Bosworth Plaza, 60 South Sixth Street
            Minneapolis, Minnesota                   55402-4422
    (Address of principal executive offices)         (Zip Code)

Registrant's telephone number, including area code (612) 371-7750


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

As of July 31, 1996, the Company had 12,158,563 shares of common
stock outstanding.

<PAGE>

                   PART II - OTHER INFORMATION


ITEM 6. EXHIBITS AND REPORTS ON FORM 10-K

(a) Exhibit 11 - Computation of Net Earnings Per Share     Filed herwith*

    Exhibit 27 - Financial Data Schedule                   Filed herewith

* Refers to original Form 10-Q filing for the quarter ended June 30, 1996.


<PAGE>
                           SIGNATURES

Pursuant to  the requirements  of the  Securities Exchange Act of
1934, the  registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.

                             INTER-REGIONAL FINANCIAL GROUP, INC.
                                           Registrant

Date:  October 11, 1996       By  Daniel J. Reuss
                                  ------------------------
                                  Daniel J. Reuss
                                  Senior  Vice   President,
                                  Corporate Controller  and
                                  Treasurer      (Principal
                                  Accounting Officer)


      INTER-REGIONAL FINANCIAL GROUP, INC. AND SUBSIDIARIES
       INDEX OF EXHIBITS TO QUARTERLY REPORT ON FORM 10-Q
                 FOR QUARTER ENDED JUNE 30, 1996

Exhibit 11  Computation of Net Earnings Per Share          Filed herewith*

Exhibit 27  Financial Data Schedule                        Filed herewith

* Refers to original Form 10-Q filing for the quarter
  ended June 30, 1996.


<TABLE> <S> <C>

<ARTICLE> BD
<LEGEND>
This schedule contains summary financial information extracted from
Inter-Regional Financial Group, Inc.'s June 30, 1996 Form 10-Q and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                         374,728
<RECEIVABLES>                                1,096,615
<SECURITIES-RESALE>                            144,803
<SECURITIES-BORROWED>                                0<F1>
<INSTRUMENTS-OWNED>                            286,116
<PP&E>                                          32,468
<TOTAL-ASSETS>                               1,982,648
<SHORT-TERM>                                   102,857
<PAYABLES>                                   1,295,831
<REPOS-SOLD>                                    51,563
<SECURITIES-LOANED>                                  0<F2>
<INSTRUMENTS-SOLD>                             161,712
<LONG-TERM>                                     33,803
<COMMON>                                         1,524
                                0
                                          0
<OTHER-SE>                                     248,436
<TOTAL-LIABILITY-AND-EQUITY>                 1,982,648
<TRADING-REVENUE>                               88,927
<INTEREST-DIVIDENDS>                            52,956
<COMMISSIONS>                                  113,185
<INVESTMENT-BANKING-REVENUES>                   50,018
<FEE-REVENUE>                                   16,580<F3>
<INTEREST-EXPENSE>                              28,478
<COMPENSATION>                                 192,863
<INCOME-PRETAX>                                 43,243
<INCOME-PRE-EXTRAORDINARY>                      28,108
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    28,108
<EPS-PRIMARY>                                     2.23
<EPS-DILUTED>                                     2.21
<FN>
<F1>Included in receivables
<F2>Included in payables
<F3>Includes fees from Asset Management only
</FN>
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission