BRITTON & KOONTZ CAPITAL CORP
8-K, 2000-02-23
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: February 23, 2000





               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




February 23, 2000        /s/ W. Page Ogden
                         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 January 31, 2000



Britton & Koontz Capital Corporation

500 Main Street            601-445-5576
P O Box 1407               601-445-2488  Fax
Natchez, MS  39121         http://www.bkbank.com
                           [email protected]


FOR IMMEDIATE RELEASE:     FOR MORE INFORMATION:
January 31, 2000           W. Page Ogden, President & CEO
for (Nasdaq/Symbol BKBK)   Bazile R. Lanneau, Jr., Vice President & CFO

BRITTON & KOONTZ CAPITAL CORPORATION ANNOUNCES STOCK BUYBACK

	Natchez, Mississippi-- Britton & Koontz Capital Corporation today
announced that its Board of Directors has approved a plan to buy back up
to 85,000 of its common shares.  The shares may be repurchased from time-
to-time in the open market.  Total shares outstanding are 1,767,064.

	 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 and one in Vicksburg,
Mississippi and a Loan Production Office in Baton Rouge, Louisiana.  As of
December 31, 1999,  the Company reported assets and equity of $208.9 and
$20.2 million, respectively.  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 December 31, 1999, amounted to 1,767,064.







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