UNITED STATES SECURITIES AND
EXCHANGE COMMISSION WASHINGTON, D.C. 20549
FORM 10- QSB
[x] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended March 31, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from _______ to _________
Commission file number 0-12510
MARATHON BANCORP
(Exact name of registrant as specified in its charter)
California 95-3770539
(State or other jurisdiction of incorporation)
(I.R.S.Employer Identification No.)
11444 West Olympic Boulevard, Los Angeles, California 90064
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code: (310)
996-9100
Indicate by check mark whether the registrant (1) has
filed all reports required to be filed by Section 13 or 15(d) of
the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days. Yes X No
As of March 1, 1995, there were 1,248,764 shares of no par
Common Stock issued and outstanding.
PART II. OTHER INFORMATION
Item 1. Legal Proceedings
None.
Item 2. Changes in Securities
None.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Submission of Matters to a Vote of Security Holders
None
Item 5. Other Information
None.
Item 6. Exhibits and Reports on Form 8-K
Exhibit 27
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned thereunto duly authorized.
MARATHON BANCORP
Date: June 24, 1995
C. Thomas Mallos
Director and Chief Financial Officer
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<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
FROM 10-QSB AND IS QUALIFIED IN TIS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS
</LEGEND>
<MULTIPLIER> 1000
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<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> MAR-31-1995
<CASH> 3541700
<INT-BEARING-DEPOSITS> 1179000
<FED-FUNDS-SOLD> 4500000
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 2994400
<INVESTMENTS-CARRYING> 13942200
<INVESTMENTS-MARKET> 0
<LOANS> 55440900
<ALLOWANCE> 919800
<TOTAL-ASSETS> 89078300
<DEPOSITS> 83202200
<SHORT-TERM> 0
<LIABILITIES-OTHER> 386600
<LONG-TERM> 0
<COMMON> 8080000
0
0
<OTHER-SE> (2692800)
<TOTAL-LIABILITIES-AND-EQUITY> 89078300
<INTEREST-LOAN> 1289200
<INTEREST-INVEST> 324100
<INTEREST-OTHER> 28100
<INTEREST-TOTAL> 1641400
<INTEREST-DEPOSIT> 363700
<INTEREST-EXPENSE> 9500
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<LOAN-LOSSES> 90000
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<EXPENSE-OTHER> 1237800
<INCOME-PRETAX> 12100
<INCOME-PRE-EXTRAORDINARY> 12100
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 12100
<EPS-PRIMARY> 0.01
<EPS-DILUTED> 0.01
<YIELD-ACTUAL> 6.40
<LOANS-NON> 1980000
<LOANS-PAST> 836000
<LOANS-TROUBLED> 0
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<ALLOWANCE-OPEN> 796500
<CHARGE-OFFS> 31500
<RECOVERIES> 64700
<ALLOWANCE-CLOSE> 919800
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