UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
FIRST CHARTER CORPORATION
(Name of Issuer)
COMMON STOCK, PAR VALUE $5.00 PER SHARE
(Title of Class of Securities)
319439105
(CUSIP Number)
Kyle E. Black
1 Acorn Lane
SALISBURY, NORTH CAROLINA 28144, (704) 633-2031
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
DECEMBER 21, 1995
(Date of Event Which Requires Filing
of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject of
this Schedule 13D, and is filing this schedule because of Rule
13d-1(b)(3) or (4), check the following box: [ ].
Check the following box if a fee is being paid with the
statement: [ ]. (A fee is not required only if the reporting
person: (1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of
such class.)
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 (the "Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act.
The total number of shares reported herein is 230,775
shares, which constitutes approximately 3.7% of the total number
of shares outstanding. All ownership percentages set forth
herein assume that at December 21, 1995, there were 6,236,014
shares outstanding.
(Continued on following pages)<PAGE>
CUSIP No. 319439105
_______________________________________________________________
1) Names of Reporting Persons/S. S. or I. R. S. Identifi-
cation Nos. of Above Persons:
Kyle E. Black, M.D.
###-##-####
_______________________________________________________________
2) Check the Appropriate Box if a Member of a Group
(See Instructions):
(a)
(b)
_______________________________________________________________
3) SEC Use Only:
_______________________________________________________________
4) SOURCE OF FUNDS*
00
_______________________________________________________________
5) Check Box if Disclosure of Legal Proceedings is
Required Pursuant to Items 2(d) or 2(E).
_______________________________________________________________
6) Citizenship or Place of Organization:
United States of America
_______________________________________________________________
Number of (7) Sole Voting Power: 128,375
Shares Bene-
ficially (8) Shared Voting Power: 102,400
Owned by
Each Report- (9) Sole Dispositive Power: 128,375
ing Person
With (10) Shared Dispositive Power: 102,400
_______________________________________________________________
11) Aggregate Amount Beneficially Owned by Each Reporting
Person:
230,775
_______________________________________________________________
12) Check if the Aggregate Amount in Row (9) Excludes
Certain Shares (See Instructions):
_______________________________________________________________
13) Percent of Class Represented by Amount in Row 9:
3.7%
_______________________________________________________________
14) Type of Reporting Person (See Instructions):
IN
_______________________________________________________________
<PAGE>
Pursuant to Rule 13d-1 of Regulation 13D-G of the General
Rules and Regulations under the Securities Exchange Act of 1934,
as amended (the "Act"), the undersigned hereby files this
Amendment No. 1 to Schedule 13D Statement dated February 14,
1996, relating to the Common Stock, par value $5.00 per share
(the "Common Stock"), of First Charter Corporation (the
"Company").
Item 1. SECURITY AND ISSUER.
No Change
Item 2. IDENTITY AND BACKGROUND.
Information regarding the identity and background of the
persons reporting pursuant to this Schedule 13D statement
(together, the "Reporting Person") are as follows:
(a) The name of the Reporting Person is Kyle E. Black.
(b) The residence address of the Reporting Person is 1
Acorn Lane, Salisbury, North Carolina 28144.
(c) The Reporting Person currently is a retired physician.
(d) The Reporting Person has not, during the last five
years, been convicted in a criminal proceeding
(excluding traffic violations or other similar
misdemeanors).
(e) The Reporting Person has not, during the last five
years, been a party to a civil proceeding of a judicial
or administrative body of competent jurisdiction and
the Reporting Person is not or has not been subject to
a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities
subject to, federal or state securities laws or finding
any violation with respect to such laws.
(f) The Reporting Person is a citizen of the United States
of America.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
No Change
Item 4. PURPOSE OF TRANSACTION.
No Change
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The Reporting Person beneficially owns 230,775 shares
of Common Stock, or 3.7% of the number of shares
outstanding on December 21, 1995.
(b) The number of shares of Common Stock reported as
beneficially owned by the Reporting Person in this
Schedule 13D statement includes 79,476 shares owned
directly by Dr. Black and 48,899 shares held in his
wife's estate as to which he has sole voting
and investment powers; and an aggregate of 102,400
shares held in two trusts of which Dr. Black is a co-
trustee, as to which he has shared voting and
investment powers with his sister, Hazel Black Linn,
co-trustee.
(c) The Reporting Person has not engaged in any
transactions in the common stock of the Issuer
during the 60 days preceding the filing of this
Amendment No. 1 to Schedule 13D.
This Amendment is being filed for the sole
purpose of indicating that the Reporting Person's
percentage ownership of the Issuer's Common Stock
has decreased to 3.7% as the result of the Issuer's
issuance of common stock in connection with a merger
consummated on December 21, 1995.
(d) Dr. Black has the right to receive dividends from, or
the proceeds from the sale of, (i) the shares of Common
Stock owned directly by him and (ii) the shares of
Common Stock held by the trust of which he is
beneficiary. The beneficiary of the second trust,
Mrs. Linn, has the right to receive dividends from, or
the proceeds from the sale of, the shares of Common
Stock held by that trust, and his wife's estate (of
which he is executor and beneficiary) has the right to
receive dividends from, or the proceeds from the sale
of, the shares of Common Stock held therein.
(e) December 21, 1995.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE
ISSUER.
No Change
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
No Change
<PAGE>
After reasonable inquiry and to the best of my knowledge and
belief, that the information set forth in this statement is true,
complete and correct.
February 29, 1996 \s\ KYLE E. BLACK, M.D.
Kyle E. Black, M.D.