SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-C
REPORT BY ISSUER OF SECURITIES QUOTED ON NASDAQ
INTERDEALER QUOTATION SYSTEM
FILED PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 AND RULE 13a-17
OR 15d-17 THEREUNDER
BT Financial Corporation
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(Exact name of issuer as specified in charter)
551 Main Street, Johnstown, Pennsylvania 15901
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(Address of principal executive offices)
Issuer's telephone number, including area code (814) 532-3801
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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 Common Stock, par value $5.00 per share
2. Number of shares outstanding before the change 4,038,581
3. Number of shares outstanding after the change 5,165,650
4. Effective date of change June 25, 1996
5. Method of change: Specify method (such as merger,
acquisition, exchange, distribution, stock split, reverse
split, acquisition of stock for treasury, etc.)
Issuance of 1,127,069 shares as partial consideration for merger
Give brief description of transaction On June 25, 1996,
Moxham Bank Corporation ("Moxham") was merged with and into
the issuer, and as a result, each share of Moxham common
stock was converted into the right to receive 1.15 shares of
the issuer's common stock and each share of Moxham preferred
stock was converted into the right to receive 6.325 shares
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of the issuer's common stock. If all shares of Moxham
common and preferred stock are exchanged, then up to
1,127,069 shares of the issuer's common stock would be
issued. The actual number that will be issued will be
smaller, because of the "cashing out" of fractional shares
of the common stock of the issuer.
II. CHANGE IN NAME OF ISSUER
1. Name prior to change ______________________________________
2. Name after change _________________________________________
3. Effective date of charter amendment changing name _________
4. Date of shareholder approval of change, if required _______
Date July 3, 1996
------------------ /s/ John H. Anderson
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John H. Anderson, Chairman and Chief
Executive Officer
