UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
SCHEDULE 13G
Under the Securities
Exchange Act of 1934
(Amendment No. 4)
-----
POCAHONTAS BANKSHARES CORPORATION
PO Box 1559
Bluefield, WV 24701
- -----------------------------------------------------------------
- -----
(Name of Issuer)
$1.25 par value Common Stock
- -----------------------------------------------------------------
- -----
(Title of Class of Securities)
730235108
- -----------------------------------------------------------------
- -----
(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 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).
Sec 1745 (2/92) Page 1 of 3
<PAGE>
- ------------------------ 13G ------------------
- ------
- - CUSIP No. 730235108 - - Page 2 of 3 Pages
- -
- ------------------------ ------------------
- ------
- -----------------------------------------------------------------
- -----
- - 1 NAME OF REPORTING PERSON
- - S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
- -
- -
- -
- - R.W. Wilkinson, President and 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 - 205,000
- -
- - SHARES --------------------------------
- -----
- - BENEFICIALLY - 6 SHARE VOTING POWER
- -
- - OWNED BY - 0
- -
- - EACH --------------------------------
- -----
- - REPORTING - 7 SOLE DISPOSITIVE POWER
- -
- - PERSON - 205,000
- -
- - WITH --------------------------------
- -----
- - - 8 SHARED DISPOSITIVE POWER
- -
- - - 0
- -
- -----------------------------------------------------------------
- -----
- -----------------------------------------------------------------
- -----
- - 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON -
- - 205,000
- -
- -----------------------------------------------------------------
- -----
- -----------------------------------------------------------------
- -----
- - 10 CHECK BOX IF THE AGGREGATE AMOUN IN ROW (9) EXCLUDES
CERTAIN SHARES*
- -----------------------------------------------------------------
- -----
- -----------------------------------------------------------------
- -----
- - 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
- -
- - 10.25%
- -
- -----------------------------------------------------------------
- -----
- -----------------------------------------------------------------
- -----
- - 12 TYPE OF REPORTING PERSON*
- -
- - IN
- -
- -----------------------------------------------------------------
- -----
*SEE INSTRUCTION BEFORE FILLING OUT
PAGE 2 OF 3
<PAGE>
Instructions: 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
[ ].
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.
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 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 29, 1998
----------------------
Date
/s/ R. W. Wilkinson
----------------------
Signature
President
----------------------
Name/Title
