<PAGE>
----------------------------
OMB APPROVAL
----------------------------
UNITED STATES OMB Number: 3235-0145
SECURITIES AND EXCHANGE COMMISSION Expires: October 31, 1994
Washington, D.C. 20549 Estimated average burden
hours per form . . . . 14.90
----------------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
DS Bancor, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common stock, par value $1.00 per share
- --------------------------------------------------------------------------------
(Title of Class of Securities)
232-907-10-5
------------------------------------
(CUSIP Number)
Harry P. DiAdamo Jr., 33 Elizabeth Street, Derby, CT 06418 ((203) 736-1000)
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)
December 12, 1996
-----------------------------------------------------------
(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 [_].
Check the following box if a fee is being paid with the statement [_]. (A fee
is not required only if the reporting 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.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
*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
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 ("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).
<PAGE>
SCHEDULE 13D
- --------------------------- ---------------------------
CUSIP No. 232-907-10-5 Page 2 of 4 Pages
---------------- ------ ----
- --------------------------- ---------------------------
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harry P. DiAdamo Jr.
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
N/A
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
N/A
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
83,024
NUMBER OF
-----------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY -0-
OWNED BY
-----------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 83,024
PERSON
-----------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-0-
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
--------------
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
N/A
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 5%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
- --------------------------- ---------------------------
CUSIP No. 232-907-10-5 Page 3 of 4 Pages
---------------- ------ ----
- --------------------------- ---------------------------
This Amendment No. 1 amends the Schedule 13D filed on January 25, 1996
by Harry P. DiAdamo Jr. (the "Reporting Person") relating to the Common Stock,
par value $1.00 per share, of DS Bancor, Inc. (the "Issuer"). This Amendment No.
1 reports that the Reporting Person has ceased to be the beneficial owner of
more than 5% of the Issuer's Common Stock.
Item 5. Interest on Securities of the Issuer
------------------------------------
Item 5 is hereby amended as follows:
On December 12, 1996, as a result of an increase in the number of
outstanding shares, the Reporting Person ceased to be the beneficial owner of
more than 5% of the Issuer's Common Stock.
<PAGE>
- --------------------------- ---------------------------
CUSIP No. 232-907-10-5 Page 4 of 4 Pages
---------------- ------ ----
- --------------------------- ---------------------------
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.
January 8, 1997 /s/ Harry P. DiAdamo Jr.
- ---------------------------------- ------------------------
Date Harry P. DiAdamo Jr.
