SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 and 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Final Amendment)
Vectra Banking Corporation
___________________________________________________________________________
(Name of Issuer)
Common Stock, $.01 par value
___________________________________________________________________________
(Title of Class of Securities)
0009223981
___________________________________________________________________________
(CUSIP Number)
________________________
<PAGE>
CUSIP No. 0009223981 Page 2 of 4 Pages
_________________________________________________________________
1) Name of Reporting Person Lawrence, Tyrrell,
S.S. or I.R.S. Identification Ortale & Smith
No. of Above Person
_________________________________________________________________
2) Check the Appropriate Box (a) [ ]
if a Member of a Group (b) [ ]
_________________________________________________________________
3) SEC Use Only
_________________________________________________________________
4) Citizenship or Place New York
of Organization
_________________________________________________________________
Number of 5) Sole Voting -0-
Shares Beneficially Power
Owned by Each
Reporting Person
With: ________________________________________
6) Shared Voting
Power -0-
________________________________________
7) Sole Disposi- -0-
tive Power
________________________________________
8) Shared Dis-
positive Power -0-
________________________________________
9) Aggregate Amount Beneficially -0-
Owned by Each Reporting person
_________________________________________________________________
10) Check if the Aggregate
Amount in Row (9)
Excludes Certain Shares
_________________________________________________________________
11) Percent of Class
Represented by -0-
Amount in Row (9)
_________________________________________________________________
12) Type of Reporting
Person PN
<PAGE>
CUSIP No. 0009223981 Page 3 of 4 Pages
Final Amendment to Schedule 13G
_______________________________
Reference is hereby made to the statement on Schedule 13G
originally filed with the Securities and Exchange Commission on January 24,
1995, as amended by Amendment No. 1 thereto filed on February 13, 1997 (as
so amended, the "Schedule 13G"). Terms defined in the Schedule 13G are
used herein as so defined.
The Schedule 13G is hereby amended as follows:
Item 4 - Ownership.
(a) Amount Beneficially Owned:
-0-
(b) Percent of Class:
-0-
(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:
-0-
(iii) sole power to dispose or to direct the
disposition of: -0-
(iv) shared power to dispose or to direct the
disposition of: -0-
Item 5 - Ownership of Five Percent or Less of a Class:
This statement is being filed to report the fact that as of
the date hereof LTOS has ceased to be the beneficial owner of more than
five percent of the Common Stock.
<PAGE>
CUSIP No. 0009223981 Page 4 of 4 Pages
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.
LAWRENCE, TYRRELL, ORTALE & SMITH
By: Lawrence Venture Partners,
General Partner
By /s/ Richard W. Smith
________________________________
General Partner
Date: February 12, 1998
