AMERICAN SOUTHWEST FINANCIAL CORP
10-K/A, 1994-12-08
INVESTORS, NEC
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<PAGE>   1

                                   SIGNATURES

       Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Registrant has duly caused this 
Amendment No. 1 to Form 10-K to be signed on its behalf by the undersigned, 
thereunto duly authorized.


AMERICAN SOUTHWEST FINANCIAL CORPORATION


By:    /S/  Michael H. Feinstein
       -------------------------
       Michael H. Feinstein
       Acting President, Executive Vice President 
       and Chief Operating Officer

Date:  December 7, 1994

       Pursuant to the requirements of the Securities Exchange Act of 1934,
this Amendment No. 1 to Form 10-K has been signed below by the following 
persons on behalf of the Registrant and in the capacities and on the dates 
indicated.



/S/  Michael H. Feinstein
- -------------------------
Michael H. Feinstein
Acting President, Executive Vice President
 and Chief Operating Officer


Date:  December 7, 1994


/S/  Richard H. Hackett
- -----------------------
Richard H. Hackett
Executive Vice President, Treasurer 
and Chief Financial and Accounting Officer

Date:  December 7, 1994


A Majority of the Board of Directors:

Michael H. Feinstein
Jon A. Grove                     
J. Larry Sorsby
Alan D. Hamberlin


By:    /S/  Michael H. Feinstein
       -------------------------
       Michael H. Feinstein, For Himself and as Attorney-in-Fact


<PAGE>   2

                                 EXHIBIT INDEX


EXHIBIT NO.

27.        Financial Data Schedule



<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
FORM 10-K, ITEM 8, FOR THE FISCAL YEAR ENDED JUNE 30, 1994 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
<MULTIPLIER> 1,000
       
<S>                                        <C>                     
<PERIOD-TYPE>                              YEAR                    
<FISCAL-YEAR-END>                          JUN-30-1994            
<PERIOD-START>                             JUL-01-1993          
<PERIOD-END>                               JUN-30-1994         
<CASH>                                           1,434             
<SECURITIES>                                         0                      
<RECEIVABLES>                                  976,637             
<ALLOWANCES>                                         0                       
<INVENTORY>                                          0                       
<CURRENT-ASSETS>                                     0                       
<PP&E>                                               0                       
<DEPRECIATION>                                       0                       
<TOTAL-ASSETS>                                 979,826             
<CURRENT-LIABILITIES>                              257                   
<BONDS>                                        972,245             
<COMMON>                                             6                       
                                0                       
                                          0                       
<OTHER-SE>                                        7317                 
<TOTAL-LIABILITY-AND-EQUITY>                   979,826            
<SALES>                                              0                    
<TOTAL-REVENUES>                               162,782               
<CGS>                                                0                     
<TOTAL-COSTS>                                        0                       
<OTHER-EXPENSES>                                  1920                  
<LOSS-PROVISION>                                     0                      
<INTEREST-EXPENSE>                             157,251               
<INCOME-PRETAX>                                   3611                  
<INCOME-TAX>                                      1430                  
<INCOME-CONTINUING>                                  0                       
<DISCONTINUED>                                       0                       
<EXTRAORDINARY>                                      0                       
<CHANGES>                                            0                       
<NET-INCOME>                                      2181                     
<EPS-PRIMARY>                                   117.88                
<EPS-DILUTED>                                   117.88               
        

</TABLE>


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