UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13-G
Under the Securities Exchange Act of 1934
(Amendment No. 7 )*
STERLING FINANCIAL CORPORATION
(Name of Issuer)
$5.00 par value Common Stock
(Title of Class of Securities)
859317 10 9
(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 5 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.)
CUSIP NO. 859317 10 9 13-G Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Howard E. Groff
Social Security ####-##-####
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |___|
(b) | X |
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5 SOLE VOTING POWER
678,670.694
6 SHARED VOTING POWER
--0--
7 SOLE DISPOSITIVE POWER
678,670.694
8 SHARED DISPOSITIVE POWER
--0--
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
678,670.694
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.6%
12 TYPE OF REPORTING PERSON*
IN
SCHEDULE 13-G
STERLING FINANCIAL CORPORATION
Page 3 of 4 Pages
Item 1 (a) Name of Issuer: Sterling Financial Corporation
Item 1 (b) Address of Issuer's Principal Executive Office:
525 Greenfield Road
P.O. Box 10608
Lancaster, PA 17605-0608
Item 2 (a) Name of Person Filing:
Howard E. Groff
Item 2 (b) Address of Principal Business Office or, if none, Residence:
111 East State Street
Quarryville, PA 17566
Item 2 (c) Citizenship: USA
Item 2 (d) Title of Class of Securities: $5.00 par value Common Stock
Item 2 (e) Cusip Number: 859317 10 9
Item 3 Not applicable - This
statement is filed pursuant to
Rule 13d-1(c).
Item 4 Ownership:
(a) Amount Beneficially Owned:
678,670.694
(b) Percent of Class: 11.6%
(c) Number of shares as to which
such person has:
(i) sole power to vote or to
direct the vote:
678,670.694
(ii) shared power to vote or to
direct the vote:
0
(iii) sole power to dispose or to
direct the disposition of:
678,670.694
(iv) shared power to dispose or
to direct the disposition of:
0
Item 5 Ownership of Five Percent or
Less of a Class:
Not Applicable
Page 4 of 4 Pages
Item 6 Ownership of More than Five
Percent on Behalf of Another
Person:
Not Applicable
Item 7 Identification and Classification
of the Subsidiary:
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: Not Applicable
- This statement is filed
pursuant to Rule 13d-1(c).
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.
Howard E. Groff
Howard E. Groff
Date: January 30, 1995