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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d - 102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13d-1(b) AND (c) AND AMENDMENTS
THERETO FILED PURSUANT TO 13d-2(B)
(Amendment No. 4)(1)
Habersham Bancorp
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
404459109
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ x ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(1)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 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).
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CUSIP NO. 404459109
SCHEDULE 13G
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NAME OF REPORTING PERSON
1 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
David A. Stovall
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
2 N/A (b) [ ]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
United States of America
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NUMBER OF SOLE VOTING POWER
SHARES 5
BENEFICIALLY 64,658*
OWNED BY
EACH
REPORTING
PERSON
WITH
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SHARED VOTING POWER
6 106,129*
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SOLE DISPOSITIVE POWER
7 64,658*
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SHARED DISPOSITIVE POWER
8 106,129*
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
170,697*
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [X]
10
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
6.2%
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TYPE OF REPORTING PERSON
12
IN
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SCHEDULE 13G
ITEM 1(A). NAME OF ISSUER:
Habersham Bancorp
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
P. O. Box 1980
Highway 441 North
Cornelia, Georgia 30531
ITEM 2(A). NAME OF PERSON FILING:
David D. Stovall
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
P. O. Box 1980
Highway 441 North
Cornelia, Georgia 30531
ITEM 2(C). CITIZENSHIP:
United States of America
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, $1.00 par value
ITEM 2(E). CUSIP NUMBER:
404459109
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS:
N/A
ITEM 4. OWNERSHIP AS OF DECEMBER 31, 1999:
(a) Amount beneficially owned: 170,697*
(b) Percent of class: 6.2%
(c) Number of shares as to which such person has
(i) sole power to vote or direct the vote: 64,658*
(ii) shared power to vote or direct the vote: 106,129*
(iii) sole power to dispose or to direct the disposition of:
64,658*
(iv) shared power to dispose or direct the disposition of:
106,129*
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* Mr. Stovall has sole voting and dispositive power with respect to
64,658 shares, of which 63,318 shares are subject to exercisable options. He
shares voting and dispositive power with respect to 8,334 shares held jointly
with his daughter and 97,795 shares held jointly with his wife. Does not include
5,579.67 shares held in the
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Habersham Savings Investment Plan as of September 30, 1999, the date with
respect to which the most recent plan statement is available.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
N/A
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
N/A
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF THE MEMBERS OF THE GROUP:
N/A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP:
N/A
ITEM 10. CERTIFICATION:
N/A
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.
Date: February 10, 2000
Signature: /s/ David D. Stovall
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Name: David D. Stovall
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