UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)
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POCAHONTAS BANKSHARES CORPORATION
PO Box 1559
Bluefield, WV 24701
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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)
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).
*The remainder of this cover page shall not be deemed to be "filed" for the
purpose of Section18 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).
Sec 1745 (2/92) Page 1 of 7
<PAGE>
- ----------------------- 13G -----------------------
- - CUSIP No. 730235108- - Page 2 of 7 Pages |
- ----------------------- -----------------------
- ---------------------------------------------------------------------
- - 1 NAME OF REPORTING PERSON -
- - S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON -
- - -
- - R. W. Wilkinson, President & CEO, Pocahontas Bankshares Corp. -
- - 500 Federal Street -
- - Bluefield, WV 24701 SSN: ###-##-#### -
- ---------------------------------------------------------------------
- ---------------------------------------------------------------------
- - 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* -
- - -
- - a [ ] -
- - b [ ] -
- ---------------------------------------------------------------------
- ---------------------------------------------------------------------
- - 3 SEC USE ONLY -
- ---------------------------------------------------------------------
- ---------------------------------------------------------------------
- - 4 CITIZENSHIP OR PLACE OF ORGANIZATION -
- - U.S.A. -
- ---------------------------------------------------------------------
- ---------------------------------------------------------------------
- - - 5 SOLE VOTING POWER -
- - NUMBER OF - 212,000 -
- - SHARES ------------------------------------------------
- - BENEFICIALLY - 6 SHARE VOTING POWER -
- - OWNED BY - 0 -
- - EACH ------------------------------------------------
- - REPORTING - 7 SOLE DISPOSITIVE POWER -
- - PERSONAL WITH - 212,000 -
- - ------------------------------------------------
- - - 8 SHARED DISPOSITIVE POWER -
- - - 0 -
- ---------------------------------------------------------------------
- ---------------------------------------------------------------------
- - 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH -
- - 212,000 -
- ---------------------------------------------------------------------
- ---------------------------------------------------------------------
- - 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN -
- - SHARES* -
- ---------------------------------------------------------------------
- ---------------------------------------------------------------------
- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 -
- - 10.6% -
- ---------------------------------------------------------------------
- ---------------------------------------------------------------------
- - 12 TYPE OF REPORTING PERSON* -
- - IN -
- ---------------------------------------------------------------------
Sec 1745 (2/92) Page 2 of 7
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INSTRUCTIONS FOR SCHEDULE 13G
Instructions for Cover Page
(1) Names and I.R.S. Identification Numbers of Reporting Persons - furnish
the full legal name of each person for whom the report is filed - i.e., each
person required to sign the schedule itself - including each member of a group
. Do not include the name of a person required to be identified in the report
but who is not a reporting person. Reporting persons that are entities are also
requested to furnish their I.R.S. identification numbers, although disclosure
of such numbers is voluntary, not mandatory (see "SPECIAL INSTRUCTIONS FOR
COMPLYING WITH SCHEDULE 13G," below).
(2) If any of the shares beneficially owned by a reporting person are held as a
member of a group and such membership is expressly affirmed, please check row
2(a). If the membership in a group is disclaimed or the reporting person
describes a relationship with other persons but does not affirm the existence
of a group, please check row 2(b) [unless a joint filing pursuant to Rule 13d-
1(e)(1) in which case it may not be necessary to check row 2(b)].
(3) The third row is for SEC internal use; please leave blank.
(4) Citizenship or Place of Organization - Furnish citizenship if the named
reporting person is a natural person. Otherwise, furnish place of organization.
(5),(9) &
(11) Aggregate Amount Beneficially Owned By Each Reporting Person, Etc. - Rows
(5) through (9) inclusive, and (11) are to be completed in accordance with the
provisions of Item 4 of Schedule 13G. All percentages are to be rounded off to
the nearest tenth (one place after decimal point).
(10) Check if the aggregate amount reported as beneficially owned in row (9)
does not include shares as to which beneficial ownership is disclaimed pursuant
to Rule 13d-4 under the Securities Exchange Act of 1934.
(12) Type of Reporting Person - Please classify each "reporting person"
according to the following breakdown (see Item 3 of Schedule 13G) and place the
appropriate symbol on the form:
Category Symbol
Broker Dealer BD
Bank BK
Insurance Company IC
Investment Company IV
Investment Adviser IA
Employee Benefit Plan, Pension Fund,
or Endowment Fund EP
Parent Holding Company HC
Corporation CO
Partnership PN
Individual IN
Other OO
Notes:
Attach as many copies of the second part of the cover page as are needed, one
reporting person per page.
Filing persons may, in order to avoid unnecessary duplication, answer items on
the schedules (Schedule 13D, 13G or 14D- 1) by appropriate cross references to
an item or items on the cover page(s). This approach may only be used where the
cover page item or items provide all the disclosure required by the schedule
item. Moreover, such a use
Sec 1745 (2/92) Page 3 of 7
<PAGE>
of a cover page item will result in the item becoming a part of the schedule and
accordingly being considered as "filed" for purposes of Section 18 of the
Securities Exchange Act or otherwise subject to the liabilities of that section
of the Act.
Reporting persons may comply with their cover page filing requirements by
filing either completed copies of the blank forms available from the
Commission, printed or typed facsimiles, or computer printed facsimiles,
provided the documents filed have identical formats to the forms prescribed in
the Commission's regulations and meet existing Securities Exchange Act rules as
to such matters as clarity and size (Securities Exchange Act Rule 12b-12).
SPECIAL INSTRUCTIONS FOR COMPLYING WITH SCHEDULE 13G
Under Sections 13(d), 13(g), and 23 of the Securities Exchange Act of 1934 and
the rules and regulations thereunder, the Commission is authorized to solicit
the information required to be supplied by this schedule by certain security
holders of certain issuers.
Disclosure of the information specified in this schedule is mandatory, except
for I.R.S. identification numbers, disclosure of which is voluntary. The
information will be used for the primary purpose of determining and disclosing
the holdings of certain beneficial owners of certain equity securities. This
statement will be made a matter of public record. Therefore, any information
given will be available for inspection by any member of the public.
Because of the public nature of the information, the Commission can utilize it
for a variety of purposes, including referral to other governmental authorities
or securities self-regulatory organizations for investigatory purposes or in
connection with litigation involving the Federal securities laws or other civil,
criminal or regulatory statutes or provisions. I.R.S. identification numbers,
if furnished, will assist the Commission in identifying security holders and,
therefore, in promptly processing statements of beneficial ownership of
securities.
Failure to disclose the information requested by this schedule, except for
I.R.S. identification numbers, may result in civil or criminal action against
the persons involved for violation of the Federal securities laws and rules
promulgated thereunder.
GENERAL INSTRUCTIONS
A. Statements containing the information required by this schedule shall be
filed not later than February 14 following the calendar year covered by the
statement or within the time specified in Rule 13d-1(b)(2), if applicable.
B. Information contained in a form which is required to be filed by rules under
section 13(f) (15 U.S.C. 78m(f)) for the same calendar year as that covered by
a statement on this schedule may be incorporated by reference in response to
any of the items of this schedule. If such information is incorporated by
reference in this schedule, copies of the relevant pages of such form shall be
filed as an exhibit to this schedule.
C. The item numbers and captions of the items shall be included but the text of
the items is to be omitted. The answers to the items shall be so prepared as to
indicate clearly the coverage of the items without referring to the text of the
items. Answer every item. If an item is inapplicable or the answer is in the
negative, so state.
Sec 1745 (2/92) Page 4 of 7
<PAGE>
Item 1.
(a) Name of Issuer
(b) Address of Issuer's Principal Executive Offices
Item 2.
(a) Name of Person Filing
(b) Address of Principal Business Office or, if none, Residence
(c) Citizenship
(d) Title of Class of Securities
(e) CUSIP Number
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d- 2(b),
check whether the person filing is a:
(a) o Broker or Dealer registered under Section 15 of the Act
(b) o Bank as defined in section 3(a)(6) of the Act
(c) o Insurance Company as defined in section 3(a)(19) of this act
(d) o Investment Company registered under section 8 of the Investment Company
Act
(e) o Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
(f) o Employee Benefit Plan, Pension Fund which is subject to the provisions of
the Employee Retirement Income Security Act of 1974 or Endowment Fund; see Rule
13d-1(b)(1)(ii)(F)
(g) o Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G) (Note:
See Item 7)
(h) o Group, in accordance with Rule 13d-1(b)(1)(ii)(H)
Item 4. Ownership
If the percent of the class owned, as of December 31 of the year covered by the
statement, or as of the last day of any month described in Rule 13d- 1(b)(2),
if applicable, exceeds five percent, provide the following information as of
that date and identify those shares which there is a right to acquire.
(a) Amount Beneficially Owned
(b) Percent of Class
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
(ii) shared power to vote or to direct the vote
(iii) sole power to dispose or to direct the disposition of
(iv) shared power to dispose or to direct the disposition of
Instruction: For computations regarding securities which represent a right to
acquire an underlying security see Rule 13d-3(d)(1).
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following o.
Instruction: Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the
beneficiaries of employee benefit plan, pension fund or endowment fund is not
required.
Sec 1745 (2/92) Page 5 of 7
<PAGE>
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
If a parent holding company has filed this schedule, pursuant to Rule 13d-
1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c), attach an
exhibit stating the identification of the relevant subsidiary.
Item 8. Identification and Classification of Members of the Group
If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(H), so
If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(H), so
indicate under Item 3(h) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to Rule 13d-1(c), attach an exhibit stating the identity of each
member of the group.
Item 9. Notice of Dissolution of Group
Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity. See Item 5.
Item 10. Certification
The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(b):
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 not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
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 23,1997
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Date
/s/ R.W. Wilkinson
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Signature
President & CEO
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Name/Title
Sec 1745 (2/92) Page 6 of 7
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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 the 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.
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission.
Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations
(See 18 U.S.C. 1001)
Sec 1745 (2/92) Page 7 of 7
