SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Fourth Amendment)
------------------
Under the Securities Exchange Act of 1934
LIBERTY BANCORP, INC.
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
530175108
(CUSIP Number)
FREDERIC DORWART
Old City Hall
124 East Fourth Street
Tulsa, OK 74103-5010
(918) 583-9922
(918) 583-8251 (Facsimile)
_____________________________________
(Name, Address and Telephone Number
of Person Authorized to Receive
Notices and Communications)
September 13, 1996
_____________________________________
(Date of Event Which Required Filing)
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 this box [ ].
Check the following box if a fee is being paid with this statement
[ ].<PAGE>
CUSIP No. 530175108
(1) Name of Reporting Person S.S. BOK Financial Corporation
or I.R.S. Identification No.
of Above Person
(2) Check the Appropriate Box (a) [ ]
if a Member of a Group (b) [X]
(See instructions)
(3) SEC Use Only
(4) Source of Funds (See instructions) BK
(5) Check if Disclosure of Legal
Proceedings is Required
Pursuant to Items 2(d) or 2(e)
(6) Citizenship or Place Oklahoma Corporation
of Organization
Number of Shares Beneficially
Owned by Each Reporting
Person With:
(7) Sole Voting Power 464,205
(8) Shared Voting Power None
(9) Sole Dispositive Power 464,205
(10) Shared Dispositive Power None
(11) Aggregate Amount Beneficially 464,205
Owned by Each Reporting Person
(12) Check if the Aggregate Amount in [ ]
Row (11) Excludes Certain Shares
(See instructions)
(13) Percent of Class Represented by 4.9%
Amount in Row (11)
(14) Type of Reporting Person CO
(See instructions)
<PAGE>
SCHEDULE 13D
Filed In Connection with Transactions in the
Shares of Liberty Bancorp, Inc.
Item 1. Security and Issuer.
This schedule relates to the common stock, par value $.01 per share (the
"Common Stock"), of Liberty Bancorp, Inc., an Oklahoma corporation (the
"Issuer" or the "Company"). The principal executive offices of the Issuer
are located at 100 North Broadway, Oklahoma City, Oklahoma.
Item 2. IDENTITY AND BACKGROUND.
(1) GENERAL. This statement is filed on behalf of BOK Financial
Corporation, James A. Robinson and L. Francis Rooney, III.
BOK Financial Corporation ("BOKF"). BOKF owns all of the
issued and outstanding capital stock of Bank of Oklahoma,
National Association ("BOK") and Citizens Bank of Northwest
Arkansas. George B. Kaiser ("Kaiser") owns approximately 76%
of the issued and outstanding common stock of BOKF. The
common stock of BOKF is listed for trading on NASDAQ under the
trading symbol "BOKF".
(2) BOKF. BOKF is an Oklahoma corporation. BOKF is a bank
holding company under the Bank Holding Act of 1965. The
address of the principal business and principal office of BOKF
is:
Bank of Oklahoma Tower
P.O. Box 2300
Tulsa, Oklahoma 74192
With respect to paragraphs (d) and (e) of this Item 2, none.
(3) The executive officers, directors, and each person who may be
deemed to be controlling BOKF are as follows:
(4) (a) George B. Kaiser (Director of BOKF and BOK)
(b) P.O. Box 2300
Tulsa, OK 74192
(c) Chairman of the Board of Directors and Chief Executive Officer
BOK FINANCIAL CORPORATION and
BANK OF OKLAHOMA, N.A.
P.O. Box 2300
Tulsa, OK 74192
Sole Director, Chief Executive Officer and Principal Owner of
GBK Corporation (holding company of Kaiser-Francis Oil Company
and related entities) (oil and gas exploration, production,
marketing, acquisition and disposition)
KAISER-FRANCIS OIL COMPANY
P.O. Box 21468
Tulsa, OK 74121-1468
(d) No
(e) No
(f) United States of America
(5) (a) W. Wayne Allen (Director of BOKF and BOK)
(b) 18 Phillips Building
Bartlesville, OK 74004
(c) President and Chief Executive Officer
PHILLIPS PETROLEUM CO.
18 Phillips Building
Bartlesville, OK 74004
(d) No
(e) No
(f) United States of America
(6) (a) Keith E. Bailey (Director of BOKF and BOK)
(b) P.O. Box 2400
One Williams Center - 49th Floor
Tulsa, OK 74102
(c) Chairman of the Board and Chief Executive Officer
THE WILLIAMS COMPANIES, INC.
(diversified company primarily engaged in pipeline and
telecommunications activities)
P.O. Box 2400
One Williams Center - 49th Floor
Tulsa, OK 74102
(d) No
(e) No
(f) United States of America
(7) (a) James E. Barnes (Director of BOKF)
(b) 1800 South Baltimore Avenue
P.O. Box 645
Tulsa, OK 74101-0645
(c) Chairman of the Board and Chief Executive Officer
MAPCO, INC.
(diversified energy company with primary operations in
pipelines, petroleum products, natural gas liquids, coal and
liquid plant foods)
1800 South Baltimore Avenue
P.O. Box 645
Tulsa, OK 74101-0645
(d) No
(e) No
(f) United States of America
(8) (a) Sharon J. Bell (Director of BOKF)
(b) P. O. Box 3209
320 South Boston, Suite 801
Tulsa, Oklahoma 74103
(c) Attorney and Managing Partner
ROGERS AND BELL
P. O. Box 3209
320 South Boston, Suite 801
Tulsa, Oklahoma 74103
(d) No
(e) No
(f) United States of America
(9) (a) Larry W. Brummett (Director of BOKF and BOK)
(b) 100 West Fifth Street
Tulsa, OK 74103
(c) Chairman of the Board, President and Chief Executive Officer
ONEOK, Inc.
100 West Fifth Street
Tulsa, OK 74103
(d) No
(e) No
(f) United States of America
(10) (a) Glenn A. Cox (Director of BOKF and BOK)
(b) 401 SE Dewey, Suite 318
Bartlesville, OK 74003
(c) Retired President and COO
PHILLIPS PETROLEUM COMPANY
(diversified company primarily engaged in oil and gas
exploration, production, refining and marketing and pipeline
system operations domestically and internationally)
401 SE Dewey, Suite 318
Bartlesville, OK 74003
(d) No
(e) No
(f) United States of America
(11) (a) Ralph S. Cunningham (Director of BOKF and BOK)
(b) P.O. Box 3758
Tulsa, OK 74102-3758
(c) President and CEO
Citgo Petroleum Corporation
P.O. Box 3758
Tulsa, OK 74102-3758
(d) No
(e) No
(f) United States of America
(12) (a) Nancy F. Davies (Director of BOKF and BOK)
(b) 2802 Meadowlark Lane
Enid, OK 73703
(c) Community Leader
2802 Meadowlark Lane
Enid, OK 73703
(d) No
(e) No
(f) United States of America
(13) (a) Dr. Robert H. Donaldson (Director of BOKF and BOK)
(b) 600 South College
Tulsa, OK 74104
(c) President
THE UNIVERSITY OF TULSA
600 South College
Tulsa, OK 74104
(d) No
(e) No
(f) United States of America
(14) (a) William E. Durrett (Director of BOKF)
(b) P.O. Box 25523
Oklahoma City, OK 73125
(c) Chairman, President and CEO
AMERICAN FIDELITY CORP.
(insurance holding company)
P.O. Box 25523
Oklahoma City, OK 73125
(d) No
(e) No
(f) United States of America
(15) (a) Mark W. Funke
(b) P.O. Box 24128
Oklahoma City, OK 73124
(c) Executive Vice President
BANK OF OKLAHOMA, N.A.
P.O. Box 24128
Oklahoma City, OK 73124
(d) No
(e) No
(f) United States of America
(16) (a) James O. Goodwin (Director of BOKF and BOK)
(b) P. O. Box 3267
624 East Archer
Tulsa, Oklahoma 74101
(c) Chief Executive Officer, The Oklahoma Eagle Publishing Co.
P. O. Box 3267
624 East Archer
Tulsa, Oklahoma 74101
(d) No
(e) No
(f) United States of America
(17) (a) D. Joseph Graham (Director of BOK)
(b) P.O. Box 21468
(6733 S. Yale - 74136)
Tulsa, OK 74121-1468
(c) Vice President and CFO
KAISER-FRANCIS OIL COMPANY
P.O. Box 21468
(6733 S. Yale - 74136)
Tulsa, OK 74121-1468
(d) No
(e) No
(f) United States of America
(18) (a) V. Burns Hargis (Director of BOKF and BOK)
(b) Two Leadership Square, Tenth Floor
Oklahoma City, OK 73102
(c) Attorney and of Counsel to
Law Firm of McAfee & Taft
Two Leadership Square, Tenth Floor
Oklahoma City, OK 73102
(d) No
(e) No
(f) United States of America
(19) (a) Eugene A. Harris (Director of BOK)
(b) P.O. Box 2300
Tulsa, OK 74192
(c) Executive Vice President
BANK OF OKLAHOMA, N.A.
P.O. Box 2300
Tulsa, OK 74192
(d) No
(e) No
(f) United States of America
(20) (a) H. James Holloman
(b) P.O. Box 2300
Tulsa, OK 74192
(c) President
BANCOKLAHOMA TRUST COMPANY
P.O. Box 2300
Tulsa, OK 74192
(d) No
(e) No
(f) United States of America
(21) (a) Thomas J. Hughes, III (Director of BOKF and BOK)
(b) P.O. Box 2220 (9810 East 42nd St.)
Tulsa, OK 74101
(c) President and Chief Executive Officer
HUGHES LUMBER CO.
P.O. Box 2220 (9810 East 42nd St.)
Tulsa, OK 74101
(d) No
(e) No
(f) United States of America
(22) (a) E.C. Joullian, IV (Director of BOKF and BOK)
(b) 2000 Classen Center - 800 East
Oklahoma City, OK 73106
(c) President
Mustang Fuel Corporation
2000 Classen Center - 800 East
Oklahoma City, OK 73106
(d) No
(e) No
(f) United States of America
(23) (a) Robert J. LaFortune (Director of BOKF)
(b) 2104 Philtower Building
427 South Boston
Tulsa, Oklahoma 74103
(c) Investments
2104 Philtower Building
427 South Boston
Tulsa, Oklahoma 74103
(d) No
(e) No
(f) United States of America
(24) (a) David L. Laughlin
(b) 7060 S. Yale - #200
Tulsa, OK 74136
(c) President
BancOklahoma Mortgage Corp.
7060 S. Yale - #200
Tulsa, Oklahoma 74136
(d) No
(e) No
(f) United States of America
(25) (a) Philip C. Lauinger, Jr. (Director of BOKF)
(b) 320 S. Boston, Suite 1130
Tulsa, OK 74103
(c) President and Chief Executive Officer
LAUINGER PUBLISHING COMPANY
320 S. Boston, Suite 1130
Tulsa, OK 74103
(d) No
(e) No
(f) United States of America
(26) (a) David R. Lopez (Director of BOKF and BOK)
(b) 800 North Harvey
Oklahoma City, OK 73102
(c) President - Oklahoma
Southwestern Bell Telephone
800 North Harvey
Oklahoma City, OK 73102
(d) No
(e) No
(f) United States of America
(27) (a) Stanley A. Lybarger (Director of BOKF and BOK)
(b) P.O. Box 2300
Tulsa, OK 74192
(c) President and COO
BOK FINANCIAL CORPORATION and
BANK OF OKLAHOMA, N.A.
P.O. Box 2300
Tulsa, OK 74192
(d) No
(e) No
(f) United States of America
(28) (a) Frank A. McPherson (Director of BOKF and BOK)
(b) P.O. Box 25861
Oklahoma City, OK 73125
(c) Chairman of the Board and CEO
KERR-McGEE CORPORATION
P.O. Box 25861
Oklahoma City, OK 73125
(d) No
(e) No
(f) United States of America
(29) (a) John J. Maintz
(b) P.O. Box 2300
Tulsa, OK 74192
(c) Senior Vice President
BANK OF OKLAHOMA, N.A.
P.O. Box 2300
Tulsa, OK 74192
(d) No
(e) No
(f) United States of America
(30) (a) John C. Morrow
(b) P.O. Box 2300
Tulsa, OK 74192
(c) Senior Vice President/Controller
BANK OF OKLAHOMA, N.A.
P.O. Box 2300
Tulsa, OK 74192
(d) No
(e) No
(f) United States of America
(31) (a) Robert L. Parker, Sr. (Director of BOKF)
(b) Eight East Third Street
Tulsa, OK 74103
(c) Board Chairman
PARKER DRILLING COMPANY
Eight East Third Street
Tulsa, OK 74103
(d) No
(e) No
(f) United States of America
(32) (a) James W. Pielsticker (Director of BOKF and BOK)
(b) 4230 South Elwood
Tulsa, OK 74107
(c) Arrow Trucking Company
4230 South Elwood
Tulsa, OK 74107
(d) No
(e) No
(f) United States of America
(33) (a) James A. Robinson (Director of BOKF)
(b) 1924 S. Utica, Suite 1004
Tulsa, OK 74104
(c) Investments
1924 S. Utica, Suite 1004
Tulsa, OK 74104
(d) No
(e) No
(f) United States of America
(34) (a) L. Francis Rooney, III (Director of BOKF and BOK)
(b) 111 West Fifth Street
Tulsa, OK 74103-4253
(c) Chairman of the Board and Chief Executive Officer
Manhattan Construction Co.
111 West Fifth Street
Tulsa, OK 74103-4253
(d) No
(e) No
(f) United States of America
(35) (a) Norman W. Smith
(b) P.O. Box 2300
Tulsa, OK 74192
(c) Executive Vice-President
BANK OF OKLAHOMA, N.A.
P.O. Box 2300
Tulsa, OK 74192
(d) No
(e) No
(f) United States of America
(36) (a) Wayne D. Stone
(b) P.O. Box 24128
Oklahoma City, OK 73124
(c) President-Oklahoma City
BANK OF OKLAHOMA, N.A.
P.O. Box 24128
Oklahoma City, OK 73124
(d) No
(e) No
(f) United States of America
(37) (a) Gregory K. Symons
(b) P.O. Box 2300
Tulsa, OK 74192
(c) Executive Vice President
BANK OF OKLAHOMA, N.A.
P.O. Box 2300
Tulsa, OK 74192
(d) No
(e) No
(f) United States of America
(38) (a) James A. White (Director of BOK)
(b) P.O. Box 2300
Tulsa, OK 74192
(c) Executive Vice-President and Chief Financial Officer of BOKF
and BOK
BANK OF OKLAHOMA, N.A.
P.O. Box 2300
Tulsa, OK 74192
(d) No
(e) No
(f) United States of America
(39) (a) Charles D. Williamson
(b) P. O. Box 2300
Tulsa, OK 74192
(c) Executive Vice-President
BANK OF OKLAHOMA, N.A.
P. O. Box 2300
Tulsa, OK 74192
(d) No
(e) No
(f) United States of America
(40) (a) Robert L. Zemanek (Director of BOKF and BOK)
(b) 212 East 6th Street
Tulsa, OK 74119
(c) President and CEO
Public Service Company of Oklahoma
212 East 6th Street
Tulsa, OK 74119
(d) No
(e) No
(f) United States of America
Item 3. SOURCE OR AMOUNT OF FUNDS OR OTHER CONSIDERATION.
(1) BOKF: $14,300,648; borrowings from NationsBank of Texas, N.A.
(Dallas, Texas).
Item 4. PURPOSE OF TRANSACTIONS.
BOKF has acquired its shares of Liberty Bancorp, Inc. ("Liberty") Common
Stock primarily to hold for investment. BOKF may determine to acquire
additional shares of Liberty or to sell all or part of its shareholdings.
On September 13, 1995, the Board of Governors of the Federal Reserve
System ("FED") approved the application of BOKF to acquire the 50,000
shares described in Item 6 and additional shares of Liberty in a total
amount not to exceed 9.99% of Liberty's outstanding shares. The FED
approval expired September 13, 1996. Under the Bank Holding Company Act of
1956 ("BHCA"), BOKF may not acquire 5% or more of the outstanding shares
of Liberty Common Stock without FED approval. BOKF may or may not seek
such approval. BOKF may or may not buy shares in addition to the shares
reported in Item 5, as permitted by the BHCA. See Item 5. See Item 6.
BOKF continuously reviews all aspects of its investments and businesses,
including regional and national economic conditions generally and
specifically in the banking industry. In particular, BOKF reviews the
trends of banking consolidations, statewide, regionally and nationally.
Representatives of BOKF and Liberty have visited from time to time
concerning their respective views of the trends, advantages and
disadvantages of consolidations in the banking industry generally, and
with respect to BOKF and Liberty specifically. BOKF intends to continue
such discussions. BOKF routinely considers the advantages, disadvantages,
likelihood and practicality of further consolidations in the banking
industry, both generally and with respect to itself and others, including
Liberty.
Item 5. INTEREST IN SECURITIES OF THE ISSUER.
(1) BOKF.
(a) The aggregate number of shares of Liberty Bancorp, Inc. Common
Stock outstanding is 9,473,352 shares. BOKF owns legally and
beneficially 464,205 shares as of the date of this Fourth
Amendment which comprises 4.3% of the outstanding shares.
(b) BOKF has the sole power to vote 464,205 shares of Liberty
Bancorp, Inc. Common Stock.
(c) See Item 6. Since May 5, 1995, BOKF has effected the following
transactions in Liberty Bancorp, Inc. Common Stock on the
facilities of NASDAQ:
Date Number of Shares Price per
1995 Purchased(Sold) Share
5/18 (10,000) 34.8750
5/18 (5,000) 34.5000
5/18 (4,000) 34.8800
5/18 (3,000) 34.7500
5/18 (3,000) 34.7500
5/19 (1,500) 34.4500
5/31 (5,000) 33.0000
6/01 (10,000) 33.0000
6/01 (5,000) 33.0000
6/08 (6,000) 33.0000
6/09 (2,500) 33.0000
6/14 (2,000) 32.7500
6/15 (10,000) 32.1250
6/19 (5,000) 32.0000
6/19 (4,000) 32.0000
6/21 (10,000) 32.2500
6/22 (4,000) 32.2500
6/22 (1,000) 32.2500
6/27 (5,000) 32.2500
6/30 (5,000) 32.7500
7/10 (10,000) 32.5000
7/10 (10,000) 32.5000
7/14 (5,000) 33.1250
7/21 (10,000) 34.8750
8/01 (2,500) 35.0000
8/03 (1,000) 35.0000
8/03 (1,000) 35.0000
8/04 (5,500) 35.0000
8/04 (2,500) 35.0000
8/07 (10,000) 34.8750
8/09 (7,500) 34.4375
8/11 (30,000) 34.6250
8/11 (20,000) 34.5000
8/11 (50,000) 34.9375
8/14 (25,000) 35.3125
8/14 (25,000) 35.2500
8/14 (10,000) 34.1250
8/14 (25,000) 35.5000
8/14 (5,000) 35.0000
8/14 (20,000) 35.1250
8/14 (3,000) 35.5000
9/22 50,000 31.9036
12/22 5,000 36.7500
1/12 100,000 36.8750
1/12 50,000 36.2500
1/16 68,000 36.1250
1/16 12,000 36.1250
1/17 65,000 36.0625
3/15 5,000 36.6750
3/15 5,000 36.6250
3/22 2,000 36.5000
3/25 5,000 36.6000
3/26 5,000 36.6000
4/11 2,000 36.8500
4/16 5,000 36.5000
4/16 5,000 36.7500
4/19 5,000 36.7500
4/26 1,000 36.7250
4/29 5,000 36.6250
5/8 5,000 36.7500
5/28 7,000 36.8750
(2) Robert J. LaFortune.
(a) Mr. LaFortune owns legally and beneficially 201 shares of
Liberty Bancorp, Inc. Common Stock.
(b) Mr. LaFortune has the sole power to vote 201 shares of Liberty
Bancorp, Inc. Common Stock.
(c) None.
(3) George B. Kaiser.
(a) None.
(b) None.
(c) On April 28, 1995, Mr. Kaiser covered a 39,500 share short
position at $30.31 per share in a market transaction.
(4) Frank A. McPherson.
(a) Mr. McPherson owns legally and beneficially 101 shares of
Liberty Bancorp, Inc. Common Stock.
(b) Mr. McPherson has the sole power to vote 101 shares of Liberty
Bancorp, Inc. Common Stock.
(c) None.
Item 6. CONTRACTS, ARRANGEMENTS, OR UNDERSTANDINGS WITH RESPECT TO
SECURITIES OF ISSUER.
On May 5, 1995 BOKF acquired 439,205 shares at $31.25 per share. The
439,205 shares acquired by BOKF were acquired in a direct placement from
the seller who offered for sale a block of shares totaling 489,205 shares
(comprising 5.16% of the outstanding shares of Common Stock of Liberty
Bancorp, Inc.). L. Francis Rooney purchased 25,000 of the 489,205 shares
offered by the seller. James A. Robinson purchased 25,000 of the 489,205
shares offered by the seller at $31.25 per share. Messrs. Robinson and
Rooney are directors and shareholders of BOKF. See item 2 above. BOKF
entered into separate agreements with each of Messrs. Robinson and Rooney
pursuant to which, subject to approval of the Federal Reserve Board, BOKF
would purchase the 25,000 shares acquired by each of them for a purchase
price equal to their cost. In the event the Federal Reserve Board did not
approve the acquisition of the shares by BOKF on or before December 31,
1995, the agreements would become null and void. Messrs. Robinson and
Rooney borrowed the funds to effect their purchases from BOK in accordance
with BOK's standard lending policies. On September 13, 1995, the Federal
Reserve Board approved the BOKF application to acquire the 50,000 shares
and additional shares of Liberty in a total amount not to exceed 9.99% of
Liberty's outstanding shares. BOKF consummated the purchase of the 50,000
shares from Messrs. Robinson and Rooney on September 22, 1995. On April
26, 1995 BOKF acquired 4,500 shares in a market transaction at $30.3125
per share. The FED approval to acquire five percent or more of the shares
of Liberty Common Stock expired on September 13, 1996 at which time BOKF
owned 464,205, or 4.9%, of the shares of Liberty Common Stock. See Item 4.
Item 7. MATERIAL TO BE FILED AS EXHIBITS.
(a) Not applicable
(b) (i) James A. Robinson Promissory Note dated May 5, 1995.
(ii) L. Francis Rooney, III Promissory Note dated May 5, 1995.
(iii) Credit Agreement between BOKF and NationsBank of Texas, N.A.
dated May 5, 1995.
(iv) Letter Agreement between BOKF and James A. Robinson dated May
3, 1995.
(v) Letter Agreement between BOKF and L. Francis Rooney, III dated
May 3, 1995.
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.
BOK Financial Corporation
by George B. Kaiser,
Chairman of the Board of Directors
Signed: /s/ George B. Kaiser
--------------------
