UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.____________)*
The First National Bank of West Chester t/a FIRSTNATCO
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(Name of Issuer)
Common Stock, par value $1.00 per share
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(Title of Class of Securities)
33749210-2
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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 a 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).
<PAGE>
CUSIP No. 33749210-2 13G Page __ of __ Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The First National Bank of West Chester t/a FIRSTNATCO
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
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NUMBER OF 5 SOLE VOTING POWER
SHARES 256,134
BENEFICIALLY -------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 200,942
REPORTING -------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 234,236
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8 SHARED DISPOSITIVE POWER
127,645
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
457,076
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
19.94%
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12 TYPE OF REPORTING PERSON*
BK
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*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Schedule 13G
Responses to Items 1-10 and Signature Attestation
Item 1.
a. First West Chester Corporation
b. 9 North High Street
West Chester, PA 19380
Item 2.
a. The First National Bank of West Chester t/a FIRSTNATCO
b. 9 North High Street
West Chester, PA 19380
c. Place of Organization: Pennsylvania
d. Common Stock, par value $1.00 per share.
e. CUSIP No.33749210-2.
Item 3.
a.|_| Broker or Dealer registered under Section 15 of the Act.
b.|X| Bank as defined in section 3(a)(6) of the Act.
c.|_| Insurance Company as defined in section 3(a)(19) of the act.
d.|_| Investment Company registered under section 8 of the Investment
Company Act.
e.|_| Investment Adviser registered under section 203 of the Investment
Advisers Act of 1940
f.|_| Employee Benefit Plan, Pension Fund which is subject to the provisions
of the Employee Retirement Income Security Act of 1974 or Endowment
Fund: see ss.240.13d-1(b)(1)(ii)(F)
g.|_| Parent Holding Company, in accordance with ss.240.13d-1(b)(ii)(G)(Note:
See Item 7).
h.|_| Group, in accordance with ss.240.13d-1(b)(1)(ii)(H).
Item 4. Ownership
See Items 5 through 9 and 11 of cover page.
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: ( )
Item 6. Ownership of More than Five Percent on Behalf of Another Person
All of the securities are beneficially owned by The First National Bank of West
Chester in various fiduciary capacities. Consequently, various other persons and
entitites are entitled to receive dividends and proceeds of sale from all such
securities. The number of individual accounts holding an interest of 5% or more
is none.
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<PAGE>
Item 7. Identification and Classification of the Subsidiary which Acquired the
Security Being Reported on by the Parent Holding Company
Not Applicable.
Item 8. Identification and Classification of Members of the Group
Not Applicable.
Item 9. Notice of Dissolution of Group
Not Applicable
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 not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
This report is not an admission that the First National Bank of West Chester is
the beneficial owner of any securities covered by this report, and the First
National Bank of West Chester expressly disclaims beneficial ownership of all
shares reported herein pursuant to Rule 13d-4.
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.
09-22-97 /s/ J. Duncan Smith
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Date Signature
J. Duncan Smith, Treasurer
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Name/Title
09-22-97 /s/ Kevin C. Quinn
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Date Signature
Kevin C. Quinn, Assistant Treasurer
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Name/Title