BRITTON & KOONTZ CAPITAL CORP
8-K, 1999-06-30
STATE COMMERCIAL BANKS
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                SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C.  20549




                             FORM 8-K

                          CURRENT REPORT




                 PURSUANT TO SECTION 13 OR 15(d)

              OF THE SECURITIES EXCHANGE ACT OF 1934





                  Date of Report: June 30, 1999





               BRITTON & KOONTZ CAPITAL CORPORATION
        (Exact name of issuer as specified in its charter)





                                                      64-0665423
     Mississippi                0-22606             (IRS Employer
(State of Incorporation) Commission File Number  Identification No.)





           500 Main Street, Natchez, Mississippi  39120
             (Address of principal executive offices)





                    Telephone:  (601)445-5576


<PAGE>



               BRITTON & KOONTZ CAPITAL CORPORATION
                          AND SUBSIDIARY


                              INDEX



Item 5.  Other Events.

     The contents of Exhibit 20 to this Form 8-K are hereby
     incorporated herein by this reference.


 Item 7.  Financial Statements and Exhibits.

      (c)Exhibits.

          20 Other Documents or Statements to Security Holders.


<PAGE>



                            SIGNATURE


     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 thereto duly authorized.


                         BRITTON & KOONTZ CAPITAL CORPORATION



                         /s/ W.Page Ogden
June 30, 1999            ------------------------------------
                         W. Page Ogden
                         President and Chief Executive Officer


<PAGE>


                          Exhibits Index



Exhibit
Number          Item



20              Other Documents or Statements to Security Holders


                Press Release Dated May 24, 1999




Britton & Koontz Capital Corporation

500 Main Street
P O Box 1407
Natchez, MS  39121

601-445-5576
601-445-2488  Fax
http://www.bkbank.com
[email protected]



FOR IMMEDIATE RELEASE:         FOR MORE INFORMATION:
May 24, 1999                   W. Page Ogden, President & CEO
for (Nasdaq/Symbol BKBK)       Bazile R. Lanneau, Jr., Vice President & CFO



              BRITTON & KOONTZ DECLARES SEMI-ANNUAL DIVIDEND


	Natchez, Mississippi-- Britton & Koontz Capital Corporation declared
a semi-annual dividend of $.30 per share payable June 15, 1999, to shareholders
of record as of June 3, 1999.

	Britton & Koontz Capital Corporation, headquartered in Natchez,
Mississippi, is the parent company of Britton & Koontz First National Bank
which operates four full service offices in Natchez.  As of March 30, 1999,
the Company reported assets of $182.1 million and equity of $19.7 million.
The Company's stock is traded on NASDAQ under the symbol BKBK and the transfer
agent is American Stock Transfer & Trust Company.  Total shares outstanding
at March 30, 1999, amounted to 1,767,064.



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