UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities
Exchange Act of 1934
(Amendment No. 4)
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POCAHONTAS BANKSHARES CORPORATION
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(Name of Issuer)
$1.25 par value Common Stock
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(Title of Class of Securities)
730235108
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(CUSIP Number)
J. Ronald Hypes, Comptroller P.O. Box 1559 (304)
325-8181
Bluefield, WV 24701
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(Name, Address and Telephone Number of Person Authorized to
Receive
Notices and Communications)
December 30, 1998
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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 this
statement [ ]. (A
fee is not required only if the filing person: (1) has 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.) (See Rule 13d-7).
Note: Six copies of this statement, including all exhibits,
should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom
copies are
to be sent.
*The remainder of this cover page shall be filled out for a
reporting
person's initial filing on this form with respect to the subject
class of
securities, and for any subsequent amendment containing
information which
would alter the disclosures provided in a prior cover page
The information required in 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 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the ACT (however, see the
Notes).
Page 1 of 4
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- ------------------------ SCHEDULE 13D --------------------
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- - CUSIP No. 730235108 - - Page 2 of 4 Pages
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- - 1 NAME OF REPORTING PERSON
- - S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
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- - R.W. Wilkinson, President and CEO, Pocahontas Bankshares
Corp. -
- - 500 Federal Street
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- - Bluefield, WV 24701 SSN: ###-##-####
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- - 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
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- - a [ ]
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- - b [ ]
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- - 3 SEC USE ONLY
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- - 4 SOURCE OF FUNDS*
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- - 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
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- - PURSUANT TO ITEMS 2(D) OR 2(E) [ ]
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- - 6 CITIZENSHIP OR PLACE OF ORGANIZATION
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- - U.S.A.
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- - - 7 SOLE VOTING POWER
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- - NUMBER OF - 205,000
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- - SHARES --------------------------------
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- - BENEFICIALLY - 8 SHARE VOTING POWER
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- - OWNED BY - 0
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- - EACH --------------------------------
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- - REPORTING - 9 SOLE DISPOSITIVE POWER
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- - PERSON - 205,000
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- - WITH --------------------------------
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- - - 10 SHARED DISPOSITIVE POWER
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- - - 0
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- - 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON -
- - 205,000
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- - 10 CHECK BOX IF THE AGGREGATE AMOUN IN ROW (11) EXCLUDES
CERTAIN SHARES*
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- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
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- - 10.25%
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- - 12 TYPE OF REPORTING PERSON*
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- - IN
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*SEE INSTRUCTION BEFORE FILLING OUT
INCLUDE BOTH SIDES OF THE COVER PAGE, REPSONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE
ATTESTATION.
<PAGE>
SCHEDULE 13D
R.W. WILKINSON
December 30, 1998
Item 1 Security and Issuer
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Refer to page 1 (cover page) of Schedule 13D.
Item 2 Identity and Background
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Refer to page 2, Item 1 and 6, of Schedule 13D.
Item 3 Source of Amount of Funds or other Consideration
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Refer to page 2, Item 4, of Schedule 13D.
Item 4 Purpose of Transaction
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Gift of 5000 shares from reporting person to spouse.
Gift of 600 shares from reporting person to son (Frank).
Gift of 600 shares from reporting person to son (Richard).
Gift of 800 shares from reporting person to granddaughter.
Item 5 Interest in Securities of the Issuer
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Refer to Page 2, Items 7 through 13, of Schedule 13D
Item 6 Contracts, Arrangements, Understandings, or Relationships
with Respect to Securities of the Issuer
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Not Applicable
Item 7 Material to be Filed as Exhibits
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Not Applicable
<PAGE>
Signature
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.
December 29, 1998 /s/ R.W. Wilkinson
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Date Signature
President
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Name/Title
The original statement shall be signed by each person on whose
behalf the
statement is filed or his authorized representative. If the
statement is
signed on behalf of a person by his authorized representative
(other than an
executive officer or general partner of this filing person),
evidence of the
representative's authority to sign on behalf of such person shall
be filed
with the statement, provided, however, that a power of attorney
for this
purpose which is already on file with the Commission may be
incorporated by
reference. The name and any title of each person who signs the
statement
shall be typed or printed beneath his signature.
Attention: Intentional misstatements or omissions of fact
constitute
Federal criminal violations
(See 18 U.S.C. 1001)
