United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM 10-QSB/A
(Amendment No. 1)
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the Quarterly Period Ended September 30, 1995
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or
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the Transition Period From ______________to _____________
Commission file number 1-12324
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FIRST CITIZENS BANCSTOCK, INC.
______________________________________________________________________________
(Exact name of small business issuer as specified in its charter)
LOUISIANA 72-1109730
__________________________________ ____________________
(State or other jurisdiction of (I. R. S. Employer
incorporation or organization) Identification No.)
1100 BRASHEAR AVENUE
MORGAN CITY, LOUISIANA 70380
(Address of principal executive offices)
(504)385-0330
______________________________________________________________________________
(Issuer's telephone number)
Check whether issuer (1) has filed all reports required to be filed by Section
13 or 15(d)of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.
Yes X No
------ --------
State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practical date:
COMMON STOCK, $1 PAR VALUE--1,266,219 SHARES AS OF NOVEMBER 13, 1995
Transitional Small Business Disclosure Format (check one)
Yes No X
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THIS REPORT CONSISTS OF 7 PAGES.
EXHIBIT INDEX BEGINS ON PAGE 5.
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INDEX
FIRST CITIZENS BANCSTOCK, INC. AND SUBSIDIARY
PART II - OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K . . . . . . . . . . 3
SIGNATURES . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
EXHIBIT INDEX. . . . . . . . . . . . . . . . . . . . . . . . . . 5
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PART II - OTHER INFORMATION
ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K
(a) Exhibits
Exhibit
Number Identification of Exhibit
- --------- -------------------------
2.1* Agreement and Plan of Merger dated September 28, 1995 by and
among the Company, the Bank, Whitney, Acquisition and
Whitney Bank (omitting the Schedule of Exceptions of the
Company and the Bank, which will be provided upon the
request of Commission in accordance with Item 601(b)(2) of
Regulation S-B).
3.1 Articles of Incorporation of the Company, as amended
(incorporated by reference to Exhibit 4.1 to the Company's
Registration Statement on Form S-8 dated November 28, 1994,
Commission File No. 33-86702)
3.2 Bylaws of the Company, as amended (incorporated by reference
to Exhibit 4.2 to the Company's Registration Statement on
Form S-8 dated November 28, 1994, Commission File No.
33-86702)
11* Statement Re: Computation of Earnings Per Share
27** Financial Data Schedule
99.1(a)* Employment Agreement dated April 1, 1990 by and between the
Bank and Milford L. Blum, Jr.
99.1(b)* Amendment No. 1 dated April 15, 1991 to the Employment
Agreement dated April 1, 1990 by and between the Bank and
Milford L. Blum, Jr.
99.1(c)* Amendment No. 2 dated March 16, 1995 to the Employment
Agreement dated April 1, 1990 by and between the Bank and
Milford L. Blum, Jr.
_____________________________________
* Previously filed in the Company's Quarterly Report on Form 10-QSB for the
quarter ended September 30, 1995.
** Filed herewith.
(b) Reports on Form 8-K
On October 2, 1995, the Company filed a Current Report on Form 8-K to report the
execution of the Merger Agreement discussed in Item 5 above. A copy of the
Merger Agreement was filed as Exhibit 2.1 to the Company's Form 10-QSB for the
quarter ended September 30, 1995, as originally filed November 14, 1995, and
incorporated by reference thereto.
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SIGNATURES
In accordance with the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
FIRST CITIZENS BANCSTOCK, INC.
(Registrant)
December 29, 1995 /s/ Milford L. Blum, Jr.
------------------------------------
Milford L. Blum, Jr.
President & Chief Executive Officer
December 29, 1995 /s/ Charles L. Roy
------------------------------------
Charles L. Roy
Chief Financial Officer
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EXHIBIT INDEX
Exhibit Page
Number Description Number
- ---------- ------------ ------
2.1* Agreement and Plan of Merger dated September 28, 1995
by and among the Company, the Bank, Whitney,
Acquisition and Whitney Bank (omitting the Schedule of
Exceptions of the Company and the Bank, which will be
provided upon the request of Commission in accordance
with Item 601(b)(2) of Regulation S-B)
3.1 Articles of Incorporation of the Company, as amended
(incorporated by reference to Exhibit 4.1 to the
Company's Registration Statement on Form S-8 dated
November 28, 1994, Commission File No. 33-86702)
3.2 Bylaws of the Company, as amended (incorporated by
reference to Exhibit 4.2 to the Company's Registration
Statement on Form S-8 dated November 28, 1994,
Commission File No. 33-86702)
11* Statement Re: Computation of Earnings Per Share
27** Financial Data Schedule
99.1(a)* Employment Agreement dated April 1, 1990 by and
between the Bank and Milford L. Blum, Jr.
99.1(b)* Amendment No. 1 dated April 15, 1991 to the
Employment Agreement dated April 1, 1990 by
and between the Bank and Milford L. Blum, Jr.
99.1(c)* Amendment No. 2 dated March 16, 1995 to the
Employment Agreement dated April 1, 1990 by
and between the Bank and Milford L. Blum, Jr.
_______________________________
* Previously filed with the Company's Quarterly Report on Form 10-QSB for the
quarter ended September 30, 1995.
** Filed herewith
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<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE (1) CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
CONSOLIDATED BALANCE SHEET AND INCOME STATEMENT OF FIRST CITIZENS BANCSTOCK,
INC. INCLUDED IN ITS QUARTERLY REPORT ON FORM 10-QSB FOR THE QUARTER ENDED
SEPTEMBER 30, 1995, AND (2) IS QUALIFIED IN ITS ENTIRETY TO SUCH FORM 10-QSB.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-START> JAN-01-1995
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> SEP-30-1995
<CASH> 7,179
<INT-BEARING-DEPOSITS> 150
<FED-FUNDS-SOLD> 11,602
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 65,703
<INVESTMENTS-CARRYING> 9,439
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<LOANS> 141,660
<ALLOWANCE> 2,026
<TOTAL-ASSETS> 239,545
<DEPOSITS> 211,695
<SHORT-TERM> 0
<LIABILITIES-OTHER> 1,883
<LONG-TERM> 0
0
0
<COMMON> 1,308
<OTHER-SE> 24,659
<TOTAL-LIABILITIES-AND-EQUITY> 239,545
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<EXPENSE-OTHER> 6,137
<PAGE>
<INCOME-PRETAX> 3,948
<INCOME-PRE-EXTRAORDINARY> 2,708
<EXTRAORDINARY> 0
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<NET-INCOME> 2,708
<EPS-PRIMARY> 2.09
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<YIELD-ACTUAL> 5.11
<LOANS-NON> 429
<LOANS-PAST> 382
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<LOANS-PROBLEM> 1,590
<ALLOWANCE-OPEN> 1,919
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<ALLOWANCE-CLOSE> 2,026
<ALLOWANCE-DOMESTIC> 2,026
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