U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25 SEC File Number 013538
CUSIP Number
NOTIFICATION OF LATE FILING
(Check One)
[X] Form 10-KSB [] Form 11-K [] Form 20-F [] Form 10-Q [] Form
N-SAR
For Period Ended: December 31, 1995
Nothing in this Form shall be construed to imply that the
Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked
above, identify the Item(s) to which the notification relates:
N/A
Part I - Registrant Information
Full Name of Registrant: National Affiliated Corporation
Former Name if Applicable: N/A
Address of Principal Executive Office: 1500 Lee Street, Suite A
(Street and Number)
City, State and Zip Code: Alexandria, LA 71315-2190
<PAGE>
Part II - Rules 12B-25(b) and (c)
If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to Rule
12B-25(b), the following should be completed. (Check box if
appropriate)
(a) the reasons described in reasonable detail in Part III of
this form could not be eliminated without unreasonable effort
or expense;
[X] (b) The subject annual report or semi-annual report/portion
thereof will be filed on or before the fifteenth calendar day
following the prescribed due date; or the subject quarterly
report/portion thereof will be filed on or before the fifth
calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by
Rule 12B-25(c) has been attached if applicable.
Part III - Narrative
State below in reasonable detail the reasons why the form 10-K, 11-
K, 20-F, 10-Q or N-SAR or portion thereof could not be filed within
the prescribed time period.
Registrant's financial statements for December 31, 1995 have
not yet been completed by our independent auditors.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to
this notification:
Michael Tankersley (214) 939-5500
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required
under Section 13 or 15(d) of the Securities
Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the [X] Yes [ ] No
preceding 12 months or for such shorter
period that the registrant was required to
file such report(s) been filed? If the
answer is no, identify report(s).
<PAGE>
(3) Is it anticipated that any significant
change in results of operations from the
corresponding period for the last fiscal [ ] Yes [X] No
year will be reflected by the earnings
statements to be included in the subject
report or portion thereof?
If so: attach an explanation of the
anticipated change, both narratively and
quantitatively, and, if appropriate, state
the reasons why a reasonable estimate of
the results can not be made.
National Affiliated Corporation
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date March 29, 1996
By:________________________________________
Jerry L. Johnston, Vice President & CFO
INSTRUCTION: The form amy be signed by an executive officer of the
registrant or by any other duly authorized representative. The
name and title of the person signing the form shall be typed or
printed beneath the signature. If the statement is signed on
behalf of the registrant by an authorized representative (other
than an executive officer), evidence of the representative's
authority to sign on behalf of the registrant shall be filed with
the form.
ATTENTION
Intentional misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001.)
