SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No._______)
TBC Corporation
(Name of Issuer)
Common Stock
(Title of Class of Securities)
872180104
(CUSIP Number)
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons. 47-0776925
2) Check the Appropriate Box if a Member of a Group.
(a) _____
(b) XX
-----
3) SEC Use Only.
4) Citizensbip or Place of Organization. State of Nebraska
Number of Shares Beneficially Owned by Each Reporting Person With:
5) Sole Voting Power 1,283,400
6) Shared Voting Power 0
7) Sole Dispositive Power 1,283,400
8) Shared Dispositive Power 0
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 1,283,400
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares. ( )
11) Percent of Class Represented by Amount in Row 9. 5.39%
12) Type of Reporting Person. Investment Advisor (IA)
Check the following box if a fee is being paid with this statement ( )
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SCHEDULE 13G Page -2
Item 1 (a). Name of Issuer: TBC Corp.
Item 2 (a). Name of Person Filing: KPM Investment Management Inc.
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 23d-2(b),
check whether the person filing is a:
(e) [xx] Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
Item 4. Ownership Investment Advisor, representing numerous discretionary
accounts, beneficially owns 1,283,400 shares of common stock
representing 5.39% of the total outstanding (23807914). Filer has
sole voting and dispositive power.
Item 5. Ownership of Five Percent (5%) or Less of a Class. [ ]
Item 6. Ownership of more than Five Percent(5%) on behalf of another person.
N/A
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
N/A
Item 8. Identification and Classification of Member of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of such
securities and were no acquired in connection with or as a participant in
any transaction having such purposes or effect.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
Date 2-3-97 /S/ Rodney D. Cerny
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KPM INVESTMENT MANAGEMENT, INC.
SECURITY CROSS REFERENCE
DECEMBER 31, 1996
Security: tbcc (TBC Corporation)
PRICE: 7.500
PORTFOLIO TOTAL MARKET UNREALIZED
CODE NAME QUANTITY COST VALUE GAIN/LOSS
- --------- ---------------------------------- -------- ------------ ------------ -----------
<S> <C> <C> <C> <C>
16715360 Omaha Construction Industry P/P 128,700 1,322,857.25 965,250.00 -357,607.25
17285 KPTC FBO: Quality Living Inc. Lied 1,200 8,070.00 9,000.00 930.00
Endowment
2085 KP Trust FBO: Ecklund, Glenn Trust 1,500 12,150.00 11,250.00 -900.00
30030717 Abbott, R. Cody - IRA 1,100 9,091.89 8,250.00 -841.89
30213585 Antolak, Stanley IRA 2,200 19,771.57 16,500.00 -3,271.57
30416229 Bailey, Pamela G. IRA 1,400 12,895.34 10,500.00 -2,395.34
30918947 Brushwyler, Robert W. - IRA 650 5,634.65 4,875.00 -759.65
31321602 Clark, John V. Jr. - IRA 1,100 9,566.35 8,250.00 -1,316.35
33633526 Frank, Albert R. - IRA 2,600 26,286.20 19,500.00 -6,786.20
33936095 Griffis, Gaxy L. - IRA 1,000 8,753.25 7,500.00 -1,253.25
34440414 Hughes, Virginia - IRA 900 9,225.00 6,750.00 -2,475.00
35698327 Mapes, Jane SEP IRA 2,000 13,684.37 15,000.00 1,315.63
35753559 Mahoney, Robert W. - IRA 200 2,110.60 1,500.00 ~10.60
36357879 Naughton, Elizabeth - IRA 750 6,509.60 5,625.00 -884.60
37670939 Ruge, Daniel MD - IRA 900 7,433.47 6,750.00 -683.47
38374551 Sorensen, Diann S. SEP/IRA 700 6,932.56 5,250.00 -1,682.56
38374565 Sorensen, Mark B. MD SEP\IRA 1,300 9,768.73 9,750.00 -18.73
40000084 Midwest Laboratories, Inc., P/S 4,100 36,508.03 30,750.00 -5,758.03
40000098 Midwest Laboratories, Inc. P/P 3,800 33,436.45 28,500.00 -4,936.45
40187005 Andersen Berkshire Lauritsen & Brower 1,100 8,355.19 8,250.00 -105.19
P/S
40481380 Barlow, Johnson, Flodman, Sutter, 1,250 11,808.28 9,375.00 -2,433.28
Guenzel & Eske P/S
40616954 Behlen Mfg. Co. 4OlK Thrift Plan & 1,300 101,506.62 84,750.00 -16,756.62
Trust
40617270 Berens & Tate PC 401K 1,400 12,699.57 10,500.00 -2,199.57
41315281 City of Holdrege P/P 375 3,728.05 2,812.50 -915.55
41321475 City of Gering Police Officers P/P 800 7,006.95 6,000.00 -1,006.95
(Aggressive Growth)
41321526 Clark Bros Transfer Inc. ESOP 800 7,216.91 6,000.00 -1,216.91
41321630 Cliffs Notes Inc. MP P/P 1,000 8,616.76 7,500.00 -1,116.76
41422262 Columbus Medical P/P Equity Account 2,200 19,690.79 16,500.00 -3,190.79
41714114 Fitzgerald, Schorr, Barmettler & 1,500 13,308.47 11,250.00 -2,058.47
Brennan P/S
43174689 Erickson & Sederstrom P/S 550 4,900.15 4,125.00 -775.15
43174726 Erickson & Sederstrom 401K - Equity 750 6,670.51 5,625.00 -1,045.51
44022765 Hawkins Construction Special Account 2,000 19,495.97 15,000.00 -4,495.97
P/S
44206123 Holdrege Medical P/P 1,475 11,823.60 11,062.50 -761.10
44423862 Indiana Seed Co P/S 300 2,681.25 2,250.00 -431.25
44440003 Vishay Intertech Master Trust - KPM - 19,800 160,673.30 148,500.00 -12,173.30
Hourly P/P of Sprague Elec.
44490781 Jaeger, Thomas, MD Profit Sharing Plan 600 5,945.33 4,500.00 -1,445.33
1
<PAGE>
KPM INVESTMENT MANAGEMENT, INC.
SECURITY CROSS REFERENCE
DECEMBER 31, 1996
Security: tbcc (TBC Corporation)
PRICE: 7.500
PORTFOLIO TOTAL MARKET UNREALIZED
CODE NAME QUANTITY COST VALUE GAIN/LOSS
- --------- ---------------------------------- -------- ------------ ------------ -----------
44541281 IBEW Local No. 22-NECA Pension Plan 10,000 88,607.50 75,000.00 -13,607.50
44543954 Painters Local #109 Pension Fund 4,500 41,554.54 33,750.00 -7,804.54
45004086 Sioux City Foundry P/P 1,600 14,575.21 12,000.00 -2,575.21
45971340 Medical Lab Inc. P/P FBO: Dr. Skoog 3,200 27,471.42 24,000.00 -3,471.42
45990904 Fremont Area Medical Center Equity 16,100 148,078.12 120,750.00 -27,328.12
46434071 Nebraska County Employees Quality 28,300 234,108.30 212,250.00 -21,858.30
Growth Account
46434523 Nebraska Public Employees Quality 100,800 833,700.70 756,000.00 -77,700.70
Growth Account
46601512 North Platte Firefighters Pension Plan 1,650 14,523.67 12,375.00 -2,148.67
(Equity)
46762977 Omaha Public Power District 87,700 769,316.50 657,750.00 -111,566.50
Retirement Plan
46865560 Paulsen Development Construction Inc. 350 2,418.11 2,625.00 206.89
401K (Equity)
46866079 Reilly, Petersen & Hannan, P.L.C. 1,200 10,685.34 9,000.00 -1,685.34
P/S-Equity Account
47066831 Plamdealer Publishing Co., Inc. 401K 800 6,841.35 6,000.00 -841.35
R/P
47369022 Reinke Mfg Co., Inc. Employee P/S 3,000 25,703.18 22,500.00 -3,203.18
47369055 Reinke Mfg Co. Inc. Employer P/S 1,300 10,752.46 9,750.00 -1,002.46
47789004 Schluter, Judith H. 1,300 8,556.50 9,750.00 1,193.50
48096144 Danko Emergency Equipment P/S Equity 2,100 18,365.51 15,750.00 -2,615.51
Account
48096200 Smeal Fire Apparatus P/S Equity 4,300 39,454.94 32,250.00 -7,204.94
Account
48096262 Smeal Manufacturing Company P/S 1,050 10,313.04 7,875.00 -2,438.04
Equity Account
48677034 Milbourn, Fehringer, Kessler & Peetz 1,300 11,434.07 9,750.00 -1,684.07
P.C. 401K P/S & Trust
49385510 Wintz Funeral Home Inc. P/S Plan 650 5,659.04 4,875.00 -784.04
50619607 Bellevue University Ada & James 1,600 13,960.00 12,000.00 -1,960.00
Redding Endowed Business Chair
50717721 Bishop Clarkson Memorial Foundation I 42,000 353,890.00 315,000.00 -38,890.00
Equity
50717735 Bishop Clarkson Memorial Foundation 1,600 14,320.00 12,000.00 -2,320.00
Scholarship Fund / Equity
50818273 Borchert, Marshall & Jennie 1,000 8,256.97 7,500.00 -756.97
51220744 Central States Health & Life of Omaha 42,500 342,417.50 318,750.00 -23,667.50
51315285 Grand Island Police Officers P/P 1,400 12,704.69 10,500.00 -2,204.69
51315290 Grand Island FireFighters P/P Equity 6,200 56,416.68 46,500.00 -9,916.68
51320096 KPM FUNDS, Inc. Equity Portfolio 74,900 589,636.00 561,750.00 -27,886.00
51320994 Childrens Hospital Foundation 17,900 146,157.00 134,250.00 -11,907.00
2
<PAGE>
KPM INVESTMENT MANAGEMENT, INC.
SECURITY CROSS REFERENCE
DECEMBER 31, 1996
Security: tbcc (TBC Corporation)
PRICE: 7.500
PORTFOLIO TOTAL MARKET UNREALIZED
CODE NAME QUANTITY COST VALUE GAIN/LOSS
- --------- ---------------------------------- -------- ------------ ------------ -----------
51519701 Creighton Prep Endowment Fund/ 8,000 67,866.71 60,000.00 -7,866.71
Equity
51523232 Custer Public Power District Money 4,000 38,374.53 30,000.00 -8,374.53
Purchase P/P
51724546 Devita Family Trust 1,600 11,072.39 12,000.00 927.61
51925173 Dolce, Mary Revocable Trust 750 5,948.66 5,625.00 -323.66
51925187 Dolce, John Revocable Trust 750 5,948.67 5,625.00 -323.67
53834623 Geneva Tube Inc. 3,000 16,760.08 22,500.00 5,739.92
54338689 Hetzler, William Tr 3,000 19,225.77 22,500.00 3,274.23
54339009 Hill, William R. 200 1,387.94 1,500.00 112.06
54489579 Jacobsen, Thomas 1,000 7,159.30 7,500.00 340.70
54543901 Insurance Consultants Inc. 2,000 13,892.50 15,000.00 1,107.50
54646353 Jacobsen, Peter L. & Ellen G. Trust 500 3,599.45 3,750.00 150.55
54721700 KPM Equity Partners LP 27,150 188,905.00 203,625.00 14,720.00
54948690 Katelman, Lorrie Farris Trust 500 2,884.22 3,750.00 865.78
55018120 Klein, John Trust 600 4,741.40 4,500.00 -241.40
55552649 Loseke, Lavonne 2,700 19,330.79 20,250.00 919.21
55652998 Lutheran Family Services Foundation 1,000 8,685.49 7,500.00 -1,185.49
Equity
56019915 Mueller-Schluter LP 12,200 90,358.50 91,500.00 1,141.50
56257138 Muilenburg, Conrad D. 1,200 8,097.41 9,000.00 902.59
56331992 Farmers Mutual United Insurance 475 4,716.35 3,562.50 -1,153.85
Company
56357944 NE Farmers Mutual Reinsurance
Association 475 4,716.35 3,562.50 -1,153.85
56357977 Nebraska Investment Council - 108,500 1,021,345.00 813,750.00 -207,595.00
Fund B Small Cap
56459018 Notre Dame Sisters Endowment Equity 1,700 15,720.50 12,750.00 -2,970.50
56662147 Olsen, Cheryl K. Revocable Trust 1,000 6,862.50 7,500.00 637.50
56662468 O,Neal, T. Keith 2,800 19,848.66 21,000.00 1,151.34
56865734 Peck, John M. 2,000 13,686.87 15,000.00 1,313.13
56872876 Petter, Thelma L. 150 1,406.02 1,125.00 -281.02
57167410 Prebula, Alvin & Stephanie 1,700 12,025.90 12,750.00 724.10
57871946 Schiuter, Fredric E., Jr. 800 5,459.30 6,000.00 540.70
57871951 Scbelkopf, Stanley & Donna 1,500 10,274.68 11,250.00 975.32
57871965 Schluter, F. E., Jr. Partners Acct 2 900 6,141.40 6,750.00 608.60
57952513 Shenandoah Memorial Hospital 3,600 31,209.69 27,000.00 -4,209.69
58072449 Seno A Partnership FBO: James C 1,600 10,957.12 12,000.00 1,042.88
Ransom
58072454 Seno A Pattnership FBO. Ransom 600 4,128.46 4,500.00 371.54
Generation Skipping Trust
58777207 Theilen, Robert W. 2,200 13,975.36 16,500.00 2,524.64
58880493 United of Omaha Common Stock 182,500 1,692,749.50 1,368,750.00 -323,999.50
Portfolio
3
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KPM INVESTMENT MANAGEMENT, INC.
SECURITY CROSS REFERENCE
DECEMBER 31, 1996
Security: tbcc (TBC Corporation)
PRICE: 7.500
PORTFOLIO TOTAL MARKET UNREALIZED
CODE NAME QUANTITY COST VALUE GAIN/LOSS
- --------- ---------------------------------- -------- ------------ ------------ -----------
58880501 United Value Equity Fund 220,000 1,919,000.00 1,650,000.00 -269,000.00
58980497 University of Nebraska Foundation 1,250 10,803.78 9,375.00 -1,428.78
59268105 Hestmark, Virginia W. Trust 2,500 17,723.06 18,750.00 1,026.94
59606097 YWCA Endowment Equity 500 4,648.40 3,750.00 -898.40
59688168 Youngstrom, Warren & Jacqueline 4,000 28,274.88 30,000.00 1,725.12
59688192 YSB FBO: Inness, George J. Revocable 600 5,567.49 4,500.00 -1,067.49
Trust
59688210 YSB FBO: Kennedy, L.C. Marital Trust 1,000 6,869.07 7,500.00 630.93
7764 KPTC: Scottsbluff Police Officers 4,500 40,335.63 33,750.00 -6,585.63
Pension Plan
7769 KPTC: Scottsbluff FireFighters Pension 2,300 19,406.63 17,250.00 -2,156.63
Plan
9524 KP Trust FBO: Wood.Jane R. 500 3,420.50 3,750.00 329.50
--------- ------------- ------------ -------------
1,283,400 11,272,203.27 9,625,500.00 -1,646,703.27
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