ABINGTON BANCORP INC
SC 13G/A, 2000-02-09
STATE COMMERCIAL BANKS
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<PAGE>

                                                      -------------------------
                                                               OMB APPROVAL
                             UNITED STATES            -------------------------
                   SECURITIES AND EXCHANGE COMMISSION   OMB Number:  3235-0145
                         Washington, D.C.  20549        Estimated average
                                                        burden hours per
                                                        response. . . . .14.90
                                                      --------------------------



                                 SCHEDULE 13G

           INFORMATION STATEMENT TO BE INCLUDED IN STATEMENTS FILED
     PURSUANT TO RULES 13d-1(b) (c) AND (d) AND AMENDMENTS THERETO FILED
                          PURSUANT TO RULE 13d-2 (b)

                             (Amendment No.  1 )*
                                            ---


                             ABINGTON BANCORP INC.
                  -------------------------------------------
                               (Name of Issuer)


                                 Common Stock
                          --------------------------
                        (Title of Class of Securities)


                                   00350P100
                               -----------------
                                (CUSIP Number)


                               December 31, 1999
                          ---------------------------
            (Date of Event Which Requires Filing of This Statement)


  Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:

  [X]  Rule 13d-1(b)

  [_]  Rule 13d-(c)

  [_]  Rule 13d-1 (d)



  *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).
<PAGE>

- -----------------------                                  ---------------------
  CUSIP NO. 00350P100                   13G                PAGE 2 OF 5 PAGES
- -----------------------                                  ---------------------

- ------------------------------------------------------------------------------
 1    NAME OF REPORTING PERSON
      S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

      CADENCE CAPITAL MANAGEMENT (IRS No. 04-3244012)
- ------------------------------------------------------------------------------
 2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a) [_]
                                                                (b) [X]


- ------------------------------------------------------------------------------
 3    SEC USE ONLY


- ------------------------------------------------------------------------------
 4    CITIZENSHIP OR PLACE OF ORGANIZATION

      Delaware
- ------------------------------------------------------------------------------
                     5    SOLE VOTING POWER

     NUMBER OF            -0-

      SHARES       -----------------------------------------------------------
                     6    SHARED VOTING POWER
   BENEFICIALLY
                          150,200
     OWNED BY
                   -----------------------------------------------------------
       EACH          7    SOLE DISPOSITIVE POWER

    REPORTING             -0-

      PERSON       -----------------------------------------------------------
                     8    SHARED DISPOSITIVE POWER
       WITH
                          150,200
- ------------------------------------------------------------------------------
 9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

      150,200
- ------------------------------------------------------------------------------
10    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARE* [_]


- ------------------------------------------------------------------------------
11    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

      4.6
- ------------------------------------------------------------------------------
12    TYPE OF REPORTING PERSON*

      IA
- ------------------------------------------------------------------------------

                  *SEE INSTRUCTION BEFORE FILLING OUT!

                                      2
<PAGE>

Item 1      (a)   Name of Issuer:
                  --------------
                  Abington Bancorp

            (b)   Address of Issuer's Principal Executive Offices:
                  -----------------------------------------------
                  536 Washington Street
                  Abington, Massachusetts 02351

Item 2      (a)   Name of Person Filing:
                  ---------------------
                  CADENCE CAPITAL MANAGEMENT

            (b)   Address of Principal Business Office:
                  ------------------------------------
                  One Exchange Place, 29th Floor
                  Boston, Massachusetts 02109

            (c)   Citizenship:
                  -----------
                  Not Applicable.

            (d)   Title of Class of Securities:
                  ----------------------------
                  Common Stock

            (e)   CUSIP Number:
                  ------------
                  00350P100
                  ---------

Item 3      If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
            ------------------------------------------------------------------
            check whether the person filing is a:
            ------------------------------------

            (a)   [_] Broker or dealer registered under Section 15 of the
                       Exchange Act;

            (b)   [_] Bank as defined in Section 3(a)(6) of the Exchange Act;

            (c)   [_] Insurance company as defined in Section 3(a)(19) of the
                       Act;

            (d)   [_] Investment company registered under Section 8 of the
                       Investment Company Act;

            (e)   [X] Investment adviser registered under Section 203 of the
                       Investment Advisors Act of 1940;

            (f)   [_] Employee benefit plan or endowment fund in accordance with
                       Rule 13d-1(b)(1)(ii)(F);

            (g)   [_] Parent holding company or control person, in accordance
                       with 13d-1(b)(ii)(G);

            (h)   [_] Savings association as defined in Section 3(b) of the
                       Federal Deposit Insurance Act;

            (i)   [_] Church plan that is excluded from the definition of an
                       investment company under Section 3(c)(14) of the
                       Investment Company Act;

            (j)   [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(H).

            If this statement is filed pursuant to Rule 13d-1(c), check this
             box.    [_]

                                       3
<PAGE>

Item 4      Ownership.
            ---------

            (a)   Amount beneficially owned: 150,200**

            (b)   Percent of Class:   4.6

            (c)   Number of shares as to which such person has:

            (i)   Sole power to vote or direct the vote:  -0-

            (ii)  Shared power to vote: 150,200**

           (iii)  Sole power to dispose or direct the disposition of:  -0-

           (iv)   Shared power to dispose or direct the disposition of:
                   150,200**

      **This report is being filed on behalf of Cadence Capital Management, a
  Delaware general partnership and/or certain investment advisory clients or
  discretionary accounts relating to their collective beneficial ownership of
  shares of common stock of the Issuer.   Cadence Capital Management is a
  registered investment adviser under Section 203 of the Investment Advisers Act
  of 1940.  As a result of its role as investment adviser Cadence Capital
  Management may be deemed to be the beneficial owner of the securities of the
  Issuer.  Cadence Capital Management has the sole power to dispose of the
  shares and to vote the shares under its written guidelines established by its
  Management Board.

Item 5     Ownership of Five Percent or Less of a Class.
           --------------------------------------------

           If this statement is being filed to report the fact that as of the
     date hereof the reporting person has ceased to be the beneficial owner of
     more than five percent of the class of securities, check the following [X].

Item 6     Ownership of More than Five Percent on Behalf of Another Person.
           ---------------------------------------------------------------

           Not Applicable.

Item 7     Identification and Clarification of the Subsidiary Which Acquired
           -----------------------------------------------------------------
           the Security Being Reported on By the Parent Holding Company.
           ------------------------------------------------------------

           Not Applicable.

Item 8     Identification and Clarification of Members of the Group.
           --------------------------------------------------------

           Not Applicable.

Item 9     Notice of Dissolution of Group.
           ------------------------------

           Not Applicable.

                                       4
<PAGE>

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 the
     securities and were not acquired and are not held in connection with or as
     a participant in any transaction having that 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.



                                         Date: February 8, 2000



                                         /s/ DAVID B. BREED
                                         --------------------
                                         David B. Breed, CEO

                                       5


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