UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 10 )*
STERLING FINANCIAL CORPORATION
(Name of Issuer)
$5.00 par value Common Stock
(Title of Class of Securities)
859317 10 9
(CUSIP Number)
*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 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 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 13G/A Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bank of Lancaster County Employees Stock Plan
Federal ID #23-1131024
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) | |
(b) | X |
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5 SOLE VOTING POWER
--0--
6 SHARED VOTING POWER
527,566.074
7 SOLE DISPOSITIVE POWER
527,566.074
8 SHARED DISPOSITIVE POWER
--0--
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
527,566.074
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.6%
12 TYPE OF REPORTING PERSON*
EP
SCHEDULE 13G/A
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:
101 North Pointe Boulevard
Lancaster, PA 17601-4133
Item 2 (a) Name of Person Filing: Bank of Lancaster County
Employees Stock Plan
Item 2 (b) Address of Principal Business Office or, if none, Residence:
101 North Pointe Boulevard
Lancaster, PA 17601-4133
Item 2 (c) Citizenship: Pennsylvania
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: 527,566.074
(b) Percent of Class: 8.6%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 0
(ii) shared power to vote or to direct the vote: 527,566.074
(iii) sole power to dispose or to direct the disposition of:
527,566.074
(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
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable
Page 4 of 4 Pages
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.
Bank of Lancaster County
Employees Stock Plan
Date: January 23, 1998
John E. Stefan, Chairman of the
Board, President and CEO
