SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-------------------------
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
The Peoples BancTrust Company, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, Par Value $.10 Per Share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
709796 10 6
- --------------------------------------------------------------------------------
(CUSIP Number)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
|X| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
*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).
(Continued on following pages)
Page 1 of 5 Pages
<PAGE>
CUSIP No. 709796 10 6 Schedule 13G
----------- ------------
1. Name of Reporting Person: The Peoples Bank and Trust Company
S.S. or I.R.S. Identification No. of above person:
63-01-62160
2. Check the appropriate box if a member of a group *
(a) [ ] (b) |X|
3. SEC Use Only
4. Citizenship or Place of Organization:
Alabama
Number of Shares Beneficially Owned by Each Reporting Person with:
5. Sole Voting Power: 4,200
6. Shared Voting Power: 16,674
7. Sole Dispositive Power: 788,631
8. Shared Dispositive Power: 16,674
9. Aggregate Amount Beneficially Owned by Each Reporting Person:
805,305 .
10. Check Box If The Aggregate Amount in Row (9) excludes Certain Shares*
11. Percent of Class Represented by Amount in Row 9: 15.6%
12. Type of Reporting Person*: BK
*SEE INSTRUCTION
Page 2 of 5 Pages
<PAGE>
Securities and Exchange Commission
Washington, D.C. 20549
Item 1(a) Name of Issuer: The Peoples BancTrust Company, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
310 Broad Street
Selma, Alabama 36701
Item 2(a) Name Person Filing: The Peoples Bank and Trust Company
Item 2(b) Address of Principal Business Office: Same as Item 1(b)
Item 2(c) Citizenship: Not Applicable
Item 2(d) Title of Class of Securities: Common Stock, Par Value
$.10 Per Share
Item 2(e) CUSIP Number:
709796 10 6
Item 3 Check whether the person filing is a:
-------------------------------------
Item 3 (b) x Bank as defined in Section 3(a)(6) of the Act.
----------
Item 3(a) (c) (d) (e) (g) (h) - Not Applicable.
Item 4(a) Amount Beneficially Owned: 805,305 shares
Item 4(b) Percent of Class: 15.6%
Item 4(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote.........4,200
(ii) shared power to vote or to direct the vote......16,674
(iii) sole power to dispose or to direct the
disposition of ................................788,631
-------
(iv) shared power to dispose or to direct the
disposition of..................................16,674
-------
Page 3 of 5 Pages
<PAGE>
Item 5 Ownership of Five Percent or Less of Class:
-------------------------------------------
Not Applicable
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 4 of 5 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.
The Peoples Bank and Trust Company,
as Trustee
By: /s/ Gary M. Pierson February 11, 1999
-------------------------------------- -----------------
Gary M. Pierson Date
Senior Vice President
Trust Officer
Page 5 of 5 Pages
