UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
-----------------
SCHEDULE 13G
(Rule 13d-102)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)*
First Central Financial Corporation
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
3198908100
- --------------------------------------------------------------------------------
(CUSIP Number)
- ----------
* 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,
for any subsequent amendment containing information which would alter
and disclosures provided in a prior cover page.
The information required on 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).
<PAGE>
Schedule 13G
CUSIP No. 318908100
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Trustees of General Electric Pension Trust
I.R.S. #14-6015763
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
State of New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 153,846
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
153,846
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
153,846
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
2.6%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
EP
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 12 Pages
<PAGE>
Schedule 13G
CUSIP No. 318908100
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
General Electric Investment Corporation, as Investment Adviser to GEPT
(as defined below)
I.R.S. #22-2152310
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
State of Delaware
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 153,846
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
153,846
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
153,846
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
2.6%
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 12 Pages
<PAGE>
Schedule 13G
CUSIP No. 318908100
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
General Electric Company
I.R.S. #14-0689340
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group* a. |_|
Not applicable b. |X|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
State of New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting Disclaimed (see 9 below)
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
Disclaimed (see 9 below)
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
Beneficial ownership of all shares disclaimed by General Electric Company
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
Not applicable
- --------------------------------------------------------------------------------
12 Type of Reporting Person*
CO
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 12 Pages
<PAGE>
INTRODUCTORY NOTE: General Electric Investment Corporation ("GEIC"),
as an Investment Adviser (registered under the Investment Advisers Act of 1940)
to the Trustees of General Electric Pension Trust ("GEPT"), may be deemed to be
a beneficial owner of 153,846 shares of Common Stock owned by GEPT. GEPT and
GEIC each expressly disclaim that they are members of a "group". General
Electric Company, a New York corporation, disclaims beneficial ownership of all
shares and expressly disclaims that it is a member of a "group".
Item 1(a) Name of Issuer
First Central Financial Corporation
Item 1(b) Address of Issuer's Principal Executive Office
266 Merrick Road
Lynbrook, New York 11563
Item 2(a) Name of Person Filing
Trustees of General Electric Pension Trust ("GEPT") (See Schedule
II)
General Electric Investment Corporation, as Investment Adviser to
the Trustees of General Electric Pension Trust
General Electric Company (See Schedule I)
Item 2(b) Address of Principal Business Office
The address of the principal offices of General Electric Investment
Corporation and the Trustees of General Electric Pension Trust is
3003 Summer Street, Stamford, Connecticut 06904. The address of the
principal offices to General Electric Company is 3135 Easton
Turnpike, Fairfield, Connecticut 06431.
Item 2(c) Citizenship
General Electric Pension Trust- New York
General Electric Investment Corporation- Delaware
General Electric Company- New York
Item 2(d) Title of Class of Securities
Common Stock
Item 2(e) CUSIP Number
318908100
Page 5 of 12 Pages
<PAGE>
Item 3 If this statement is filed pursuant to Rules 13d- 1(b) or 13d-2(b),
check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the
Act
(b) [ ] Bank as defined in Section 3(a) 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) [X] Group, in accordance with ss.240.13d-1(b)(1)(ii)(H)
Item 4 Ownership
(see cover pages and introductory note)
Item 5 Ownership of Five Percent of 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 [X].
Page 6 of 12 Pages
<PAGE>
Item 6 Ownership of More than Five Percent on Behalf of Another Person
Not applicable
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 purpose or
effect.
Page 7 of 12 Pages
<PAGE>
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.
February 14, 1997 TRUSTEES OF GENERAL ELECTRIC PENSION
TRUST
By: /s/ Alan M. Lewis
---------------------------------
Alan M. Lewis
Trustee
<PAGE>
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.
February 14, 1997 GENERAL ELECTRIC INVESTMENT CORPORATION
By: /s/ Alan M. Lewis
------------------------------------
Alan M. Lewis
Executive Vice President
<PAGE>
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.
February 14, 1997 GENERAL ELECTRIC COMPANY
By: /s/ John H. Myers
--------------------------
John H. Myers
Vice President
<PAGE>
SCHEDULE I
JOINT FILING AGREEMENT
This will confirm the agreement by and between all the undersigned
that the Schedule 13G on or about this date and any amendments thereto with
respect to the beneficial ownership by the undersigned of shares of the Common
Stock of First Central Financial Corporation is being filed on behalf of each of
the undersigned.
February 14, 1997
TRUSTEES OF GENERAL ELECTRIC PENSION
TRUST
By: /s/ Alan M. Lewis
--------------------------------
Alan M. Lewis
Trustee
GENERAL ELECTRIC INVESTMENT
CORPORATION, as Investment Adviser
to General Electric Pension Trust
By: /s/ Alan M. Lewis
--------------------------------
Alan M. Lewis
Executive Vice President
GENERAL ELECTRIC COMPANY
By: /s/ John H. Myers
--------------------------------
John H. Myers
Vice President
<PAGE>
SCHEDULE II
TRUSTEES OF
GENERAL ELECTRIC PENSION TRUST
3003 Summer Street, P.O. Box 7900
Stamford, Connecticut 06904
The names of the Trustees of General Electric Pension
Trust are as follows:
EUGENE K. BOLTON
MICHAEL J. COSGROVE
RALPH R. LAYMAN
ALAN M. LEWIS
ROBERT A. MACDOUGALL
JOHN H. MYERS
DONALD W. TOREY
