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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Joachim Bancorp, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
477673107
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(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 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).
*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).
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CUSIP No. 13G
1 NAMES OF REPORTING PERSONS/
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
First State Bancshares, Inc. 43-1345560
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(A) [ ]
(B) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY 37,500 Shares (1)
OWNED BY
EACH 6 SHARED VOTING POWER
REPORTING
PERSON 0
WITH
7 SOLE DISPOSITIVE POWER
37,500 Shares (1)
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
37,500 Shares(1)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.19% (1)
12 TYPE OF REPORTING PERSON
CO
(1) As of February 9, 1998, First State Bancshares, Inc. had reduced its
ownership of the Issuer's shares to 36,100 shares, or 4.997% of the
Issuer's outstanding shares.
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Item 1(a) Name of Issuer: Joachim Bancorp, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
Plaza Square
328 North Main Street
DeSoto, Missouri 63020
Item 2(a) Name of Person Filing: First State Bancshares, Inc.
Item 2(b) Address of Principal Business Offices or, if none, Residence:
201 E. Columbia Street
Farmington, Missouri 63640
Item 2(c) Citizenship
United States
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
477673107
Item 3. If this Statement is filed pursuant to Rules 13d-1(b) or
13d-2(b), check whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15
of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the 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) [ ] Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940
(f) [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund; see Section
240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with
Section 240.13d-1(b)(ii)(G)
(h) [ ] Group, in accordance with Section
240.13d-1(b)(1)(ii)(H)
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Item 4. Ownership.
(a) Amount Beneficially Owned: 37,500
(b) Percent of Class: 5.19%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote
37,500 (As of February 9, 1998, First State
Bancshares, Inc. had reduced its ownership of the
Issuer's shares to 36,100 shares, or 4.997% of the
Issuer's outstanding shares.)
(ii) Shared power to vote or to direct the vote
0
(iii) Sole power to dispose or to direct the disposition of
37,500 (As of February 9, 1998, First State
Bancshares, Inc. had reduced its ownership of the
Issuer's shares to 36,100 shares, or 4.997% of the
Issuer's outstanding shares.)
(iv) Shared power to dispose or to direct the disposition of
0
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding Company.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group.
N/A
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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 such securities
and were not acquired in connection with or as a participant in any transaction
having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth on this statement is true, complete and correct.
/s/ Greg E. Allen
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Greg E. Allen, President
Date: February 9, 1998
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