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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 10-Q/A
QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For Quarter Ended December 31, 1994
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Commission file number 0-14140
First Albany Companies Inc.
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(Exact name of registrant as specified in its charter)
New York 22-2655804
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
41 State Street, Albany, NY 12207
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(Address of principal executive offices) (Zip Code)
(518) 447-8500
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(Registrant's telephone number, including area code)
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Sections 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days.
Yes X (1) No
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Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.
4,066,372 Shares of Common Stock were outstanding as of the close
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of business on January 26, 1995.
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<PAGE>
FIRST ALBANY COMPANIES INC. AND SUBSIDIARIES
FORM 10-Q/A
Statement for Amendment
When filing Form 10-Q for the period ended Decemeber 30, 1994, we neglected to
include Schedule BD, Exhibit 27. We are now filing this amendment to Form 10-Q
to include the above mentioned schedule.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
First Albany Companies Inc.
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(Registrant)
Date: 3/24/95 /s/ Alan P. Goldberg
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Alan P. Goldberg
President - Director
Date: 3/24/95 /s/ David J. Cunningham
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David J. Cunningham
Vice President and Chief Financial Officer
(Principal Accounting Officer)
<TABLE> <S> <C>
<ARTICLE> BD
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> SEP-30-1994
<PERIOD-END> DEC-31-1994
<CASH> 3,183,000
<RECEIVABLES> 138,406,000
<SECURITIES-RESALE> 9,326,000
<SECURITIES-BORROWED> 254,674,000
<INSTRUMENTS-OWNED> 38,695,000
<PP&E> 5,542,000
<TOTAL-ASSETS> 454,974,000
<SHORT-TERM> 85,516,000
<PAYABLES> 67,972,000
<REPOS-SOLD> 0
<SECURITIES-LOANED> 253,111,000
<INSTRUMENTS-SOLD> 3,222,000
<LONG-TERM> 78,000
<COMMON> 44,000
0
0
<OTHER-SE> 33,993,000
<TOTAL-LIABILITY-AND-EQUITY> 454,974,000
<TRADING-REVENUE> 10,699,000
<INTEREST-DIVIDENDS> 6,237,000
<COMMISSIONS> 6,587,000
<INVESTMENT-BANKING-REVENUES> 3,749,000
<FEE-REVENUE> 1,553,000
<INTEREST-EXPENSE> 4,551,000
<COMPENSATION> 16,900,000
<INCOME-PRETAX> 1,279,000
<INCOME-PRE-EXTRAORDINARY> 843,000
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 843,000
<EPS-PRIMARY> .20
<EPS-DILUTED> .20
</TABLE>
