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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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SCHEDULE 13D
Under the Securities Exchange Act of 1934
The Peoples BancTrust Company, Inc.
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(Name of Issuer)
Common Stock, Par Value $.10 Per Share
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(Title of Class of Securities)
709796 10 6
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(Cusip Number)
Ann Plant Morthland
Rex J. Morthland
1027 Houston Park
Selma, Alabama 36701
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(Name, address and telephone number of person
authorized to receive notices and communications)
December 31, 1994
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(Date of event which requires filing of this statement)
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 the following box.
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Check the following box if a fee is being paid with the statement.
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Page 1 of 9 Pages
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CUSIP No. 709796 10 6 13D Page 2 of 9 Pages
- -------------------------- -------------------------
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1. Name of Reporting Person: Ann Plant Morthland
S.S. or I.R.S. Identification No. of Above Person:
SS# ###-##-####
- --------------------------------------------------------------------------------
2. Check the appropriate box if a member of a group
(a) / / (b) / /
- --------------------------------------------------------------------------------
3. SEC use only
- --------------------------------------------------------------------------------
4. Source of funds:*
00
- --------------------------------------------------------------------------------
5. Check box if Disclosure of legal proceedings is required
pursuant to Items 2(d) or 2(e)
/ /
- --------------------------------------------------------------------------------
6. Citizenship or place of organization:
United States
- --------------------------------------------------------------------------------
Number of 7. Sole Voting Power: 36,464
shares -----------------------------------------------------------------
beneficially 8. Shared Voting Power: 39,862
owned by -----------------------------------------------------------------
each 9. Sole Dispositive Power: 0
reporting -----------------------------------------------------------------
person with 10. Shared Dispositive Power: 39,862
- --------------------------------------------------------------------------------
11. Aggregate amount beneficially owned by each reporting
person: 76,326
- --------------------------------------------------------------------------------
12. Check Box if the aggregate amount in row (11) excludes
certain shares*
/X/
- --------------------------------------------------------------------------------
13. Percent of class represented by amount in Row (11):
8.75%
- --------------------------------------------------------------------------------
14. Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
Page 2 of 9 Pages
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CUSIP No. 709796 10 6 13D Page 3 of 9 Pages
- ------------------------- -------------------------
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1. Name of Reporting Person: Rex J. Morthland
S.S. or I.R.S. Identification No. of Above Person:
SS# ###-##-####
- --------------------------------------------------------------------------------
2. Check the appropriate box if a member of a group
(a) / / (b) / /
- --------------------------------------------------------------------------------
3. SEC use only
- --------------------------------------------------------------------------------
4. Source of funds:*
00
- --------------------------------------------------------------------------------
5. Check box if Disclosure of legal proceedings is required pursuant to Items
2(d) or 2(e)
/ /
- --------------------------------------------------------------------------------
6. Citizenship or place of organization:
United States
- --------------------------------------------------------------------------------
Number of 7. Sole Voting Power: 0
shares -----------------------------------------------------------------
beneficially 8. Shared Voting Power: 69,862
owned by -----------------------------------------------------------------
each 9. Sole Dispositive Power: 0
reporting -----------------------------------------------------------------
person with 10. Shared Dispositive Power: 69,862
- --------------------------------------------------------------------------------
11. Aggregate amount beneficially owned by each reporting person: 69,862
- --------------------------------------------------------------------------------
12. Check Box if the aggregate amount in row (11) excludes certain shares*
/X/
- --------------------------------------------------------------------------------
13. Percent of class represented by amount in Row (11): 8.01%
- --------------------------------------------------------------------------------
14. Type of Reporting Person*
IN
- --------------------------------------------------------------------------------
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Item 1. Security and Issuer.
The class of equity to which this statement relates is the Common Stock,
par value $.10 per share, of The Peoples BancTrust Company, Inc. (the "Issuer")
whose executive office is at 310 Broad Street, Selma, Alabama 36701.
ITEM 2. IDENTITY AND BACKGROUND.
(a) NAME: Ann Plant Morthland
Rex J. Morthland
(b) RESIDENCE OR BUSINESS ADDRESS: 1027 Houston Park,
Selma, Alabama 36701
(c) PRESENT PRINCIPAL OCCUPATION OR EMPLOYMENT: Mrs. Morthland is a
housewife and Mr. Morthland is a Director Emeritus of the Issuer and
Chairman Emeritus of The Peoples Bank and Trust Company (the "Bank"),
the Issuer's wholly owned subsidiary.
BUSINESS ADDRESS: Not Applicable
PRINCIPAL BUSINESS: Not Applicable
(d) CRIMINAL PROCEEDING CONVICTIONS: None
(e) SECURITIES LAWS PROCEEDINGS. None
(f) CITIZENSHIP: United State of America
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ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The Reporting Persons acquired beneficial ownership of such 106,316 shares
as follows: (a) 15,754 shares are owned directly by Ann Plant Morthland and
were acquired by inheritance; (b) 24,108 shares are owned by Rex J. Morthland
and were acquired by purchases in open market transactions; (c) 36,464 shares
are held by a trust of which the Bank is trustee and has dispositive power and
under which Ann Plant Morthland has voting power; and (d) 30,000 shares are held
by a trust of which Rex J. Morthland is co-trustee with his children, Richard P.
Morthland, Edith Plant Morthland Jones and Mary Ann Morthland Patterson, each as
to 10,000 shares, with whom he shares voting and dispositive power.
ITEM 4. PURPOSE OF TRANSACTION.
The shares covered by this Statement are being held for investment
purposes.
Depending upon a continuing assessment and upon future developments, the
Reporting Persons may determine, from time to time or at any time, to purchase
additional shares of the Issuer or to sell or otherwise dispose of some of the
shares.
The Reporting Person has no plans which relate to or would result in:
(a) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the Issuer or any of its
subsidiaries;
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(b) A sale or transfer of a material amount of assets of the Issuer or any
of its subsidiaries;
(c) Any change in the present board of directors or management of the
Issuer, including any plans or proposals to change the number or term of
directors or to fill any existing vacancies on the board;
(d) Any material change in the present capitalization or dividend policy
of the Issuer;
(e) Any other material change in the Issuer's business or corporate
structure;
(f) Changes in the Issuer's charter, by-laws or instruments corresponding
thereto or other actions which may impede the acquisition of control of the
Issuer by any person;
(g) Causing a class of securities of the Issuer to be delisted from a
national securities exchange or to cease to be authorized to be quoted in
an inter-dealer quotation system of a registered national securities
association;
(h) A class of equity securities of the Issuer becoming eligible for
termination of registration pursuant to section 12(g)(4) of the Securities
Exchange Act of 1934; or
(i) Any action similar to any of those enumerated above.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) 45,327 shares are beneficially owned by the Reporting Person as of the
date of this Statement, representing 5.20% of the total shares issued
and outstanding of the
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Issuer. The aggregate amount reported as beneficially owned in row
(11) does not include an aggregate 279,894 shares which are
beneficially owned by other members of the Reporting Persons' family
as to which they disclaim beneficial ownership pursuant to Rule 13d-4
under the Securities Exchange Act of 1934.
(b) See Item 3 above.
(c) No transactions in the shares were effected by the Reporting Persons
named in response to Item 2 during the past 60 days, except as may be
disclosed herein.
(d) The persons named in paragraph (b) of this Item have the right to
receive or the power to direct the receipt of dividends from, or the
proceeds from the sale of, the shares.
(e) Not applicable.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS
WITH RESPECT TO SECURITIES OF THE ISSUER
The Reporting Persons have not entered into any contracts, arrangements,
understandings or relationships (legal or otherwise) with respect to any
securities of the Issuer, except for the Reporting Persons' relationships with
the trusts described in Item 3 above.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None
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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: May 3, 1995 /s/ Ann Plant Morthland
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Ann Plant Morthland
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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: May 3, 1995 /s/ Rex J. Morthland
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Rex J. Morthland
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