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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-C
Report by Issuer of Securities Quoted on The NASDAQ
Stock Market, filed pursuant to Section 14 or 15(d) of the
Securities Exchange Act of 1934 and
Rule 13a-17 or 15d-17 thereunder.
TransWorld Bancorp
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(Exact Name of Issuer as Specified in Charter)
15233 Ventura Boulevard, Sherman Oaks, CA 91403
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(Address of Principal Executive Offices)
(818) 783-7501
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(Issuer's Telephone Number, Including Area Code)
I. CHANGE IN NUMBER OF SHARES OUTSTANDING
Indicate any change (increase or decrease) of five percent or more in
the number of shares outstanding:
1. Title of security TransWorld Bancorp Common Stock
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2. Number of shares outstanding before the change 2,761,546
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3. Number of shares outstanding after the change 3,451,462
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4. Effective date of change March 15, 1996
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5. Method of change Five for Four Stock Split
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Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.)
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Give brief description of transaction Stock will be issued at the
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rate of one share for every four shares held as of the record date. Cash will
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be paid in lieu of fractional shares.
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II. CHANGE IN NAME OF ISSUER
1. Name prior to change
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2. Name after change
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3. Effective date of charter amendment changing name
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4. Date of shareholder approval of change, if required
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Date March 7, 1996 , Corporate Secretary
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(Officer's Signature and Title)