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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 4)*
Texas Regional Bancshares, Inc.
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(Name of Issuer)
Class A Voting Common
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(Title of Class of Securities)
882673 10 6
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(CUSIP Number)
Check the following box if a fee is being paid with this statement / /.
(A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five percent of
the class of securities described in Item 1; and (2) has filed no amendment
subsequent thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7.)
*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 page(s))
Page 1 of 5 Pages
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CUSIP No. 882673 10 6 Page 2 of 5 Pages
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1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above
Persons
Texas Regional Bancshares, Inc. Employee Stock Ownership Plan (with
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401(k) provisions) and Texas Regional Bancshares, Inc. Employee Stock
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Owership Trust (G.E. Roney, Joe M. Kilgore, Morris Atlas and Frank N.
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Boggus, Trustees)
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) / /
(b) /X/
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3) SEC Use Only
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4) Citizenship or Place of Organization TEXAS
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Number of Shares (5) Sole Voting Power 0 shares
Beneficially -----------------------------------------------------
Owned by (6) Shared Voting Power 302,007 shares
Each Reporting -----------------------------------------------------
Person With (7) Sole Dispositive Power 0 shares
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(8) Shared Dispositive Power 302,007 shares
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9) Aggregate Amount Beneficially Owned by Each Reporting Person
302,007 shares
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10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
Not applicable
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11) Percent of Class Represented by Amount in Row 9 4.88 percent
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12) Type of Reporting Person (See Instructions) EP
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Schedule 13G Page 3 of 5
December 31, 1995
Item 1(a) Name of Issuer:
Texas Regional Bancshares, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
P.O. Box 5910, 3700 North Tenth, Suite 301
McAllen, Texas 78502-5910
Item 2(a) Name of Person Filing:
Texas Regional Bancshares, Inc. Employee Stock Ownership Plan
(with 401(k) provisions) and Texas Regional Bancshares, Inc.
Employee Stock Ownership Trust (G. E. Roney, Joe M. Kilgore,
Morris Atlas, and Frank N. Boggus, Trustees)
Item 2(b) Address of Principal Business Office or, if none Residence:
P.O. Box 5910, 3700 North Tenth, Suite 301
McAllen, Texas 78502-5910
Item 2(c) Citizenship:
Organized under the laws of the State of Texas
Item 2(d) Title of Class of Securities:
Class A Voting Common Stock
Item 2(e) CUSIP Number:
882673 10 6
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(f) [X] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F).
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Schedule 13G Page 4 of 5
December 31, 1995
Item 4 Ownership:
(a) Amount Beneficially Owned: 302,007 shares of Class A Voting
Common.
(b) Percent of Class: 4.88 percent
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
0 shares
(ii) shared power to vote or to direct the vote:
302,007 shares
(iii) sole power to dispose or to direct the disposition of:
0 shares
(iv) shared power to dispose or to direct the disposition of:
302,007 shares
Note: The shares of Company Stock held pursuant to the
Employee Stock Ownership Plan are held by the Employee
Stock Ownership Trust, as required by the Plan and with
the limitations and conditions described in the Plan.
G. E. Roney, Joe M. Kilgore, Morris Atlas, and Frank N.
Boggus are the Trustees of the Trust. The Plan and the
Trust Agreement give the Trustees the power to vote
unallocated shares and to direct the disposition of
dividends and the proceeds from the sale of shares. Plan
participants have the power to vote shares allocated to
their accounts. The Plan and the Trust Agreement also
give the Trustees certain limited power to dispose of
shares held pursuant to the Plan, based on limitations
and conditions as contained in the Plan and Trust
Agreement. Certain of the Trustees of the Plan
separately file Schedule 13D and/or Schedule 13G to
separately report beneficial ownership of shares by the
Trustees in their individual capacities.
Item 5 Ownership of Five Percent or Less of a Class:
This statement is being filed to report that as of December 31,
1995 the Employee Stock Ownership Trust has ceased to be the
beneficial owner of 5% of the shares of Class A Voting Common.
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
Not applicable
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Schedule 13G Page 5 of 5
December 31, 1995
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.
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.
Feb. 9, 1996
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Date
/s/ G. E. Roney, Trustee
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Signature
G. E. Roney, Trustee
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Name/Title
