SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION 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. 4)
ESB FINANCIAL CORPORATION
____________________________________________________________________________
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
_____________________________________________________________________________
(Title of Class of Securities)
26884F 10 2
_____________________________________________________________________________
(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)
Page 1 of 6 Pages
CUSIP NO. 26884F 10 2 Page 2 of 6 Pages
_____________________ _________________
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITY ONLY)
ESB Financial Corporation Employee Stock Ownership Plan
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
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5. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE
VOTING POWER
245,928
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6. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SHARED
VOTING POWER
361,582
- -----------------------------------------------------------------------------
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE
DISPOSITIVE POWER
245,928
- -----------------------------------------------------------------------------
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SHARED
DISPOSITIVE POWER
361,582
- -----------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
607,510
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
- -----------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.91%
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12. TYPE OF REPORTING PERSON
EP
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CUSIP NO. 26884F 10 2 Page 3 of 6 Pages
_____________________ _________________
Item 1(a) Name of Issuer:
ESB Financial Corporation
Item 1(b) Address of Issuer's Principal Executive Office:
600 Lawrence Avenue
Ellwood City, Pennsylvania 16117
Item 2(a) Name of Person Filing:
ESB Financial Corporation Employee Stock Ownership Plan
Item 2(b) Address of Principal Business Office or, if None, Residence:
ESB Financial Corporation
600 Lawrence Avenue
Ellwood City, Pennsylvania 16117
Item 2(c) Citizenship:
Pennsylvania
Item 2(d) Title of Class of Securities:
Common Stock, par value $.01 per share
Item 2(e) CUSIP Number:
26884F 10 2
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), check whether the person filing is a:
[X] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F).
CUSIP NO. 26884F 10 2 Page 4 of 6 Pages
_____________________ _________________
Item 4. Ownership.
(a) Amount beneficially owned:
607,510
(b) Percent of class:
11.91%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote 245,928
-------
(ii) Shared power to vote or to direct the vote 361,582
-------
(iii) Sole power to dispose or to direct the disposition of 245,928
-------
(iv) Shared power to dispose or to direct the disposition of
361,582
-------
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.
Edmund C. Smith, George William Blank, Jr., Herbert S. Skuba and
William B. Salsgiver are the trustees ("Trustees") of the trust
(the "Trust") created pursuant to the ESB Financial Corporation
Employee Stock Ownership Plan ("ESOP") which holds 607,510 shares
of Common Stock on behalf of the ESOP, of which approximately
245,928 shares have not been allocated to the accounts of
participating employees as of December 31, 1999. Under the terms
of the ESOP, the Trustees will generally vote all allocated
shares in accordance with the instructions of the participating
employees, and allocated shares for which employees do not give
instructions will generally be voted in the same ratio on any
matter as to those shares for which instructions are given.
Unallocated shares held in the ESOP will be voted by the Trustees
in accordance with their fiduciary duties. The amounts reported
herein do not include shares of Common Stock held by the Trustees
in their individual capacity and not as Trustees.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not Applicable.
CUSIP NO. 26884F 10 2 Page 5 of 6 Pages
_____________________ _________________
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.
Item 10. Certification.
By signing below, We certify that, to the best of our knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not acquired
and are not held for the purpose of or with 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.
CUSIP NO. 26884F 10 2 Page 6 of 6 Pages
_____________________ _________________
SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief of
the undersigned, the undersigned certifies that the information set forth in
this Statement on Schedule 13G is true, complete and correct.
ESB FINANCIAL CORPORATION EMPLOYEE
STOCK OWNERSHIP PLAN TRUST
Date: February 4, 2000 By: /s/ Edmund C. Smith
----------------------------------
Edmund C. Smith
Trustee for the ESB Financial Corporation
Employee Stock Ownership Plan Trust
Date: February 4, 2000 By: /s/ George William Blank, Jr.
----------------------------------
George William Blank, Jr.
Trustee for the ESB Financial Corporation
Employee Stock Ownership Plan Trust
Date: February 4, 2000 By: /s/ Herbert S. Skuba
----------------------------------
Herbert S. Skuba
Trustee for the ESB Financial Corporation
Employee Stock Ownership Plan Trust
Date: February 4, 2000 By: /s/ William B. Salsgiver
---------------------------------
William B. Salsgiver
Trustee for the ESB Financial Corporation
Employee Stock Ownership Plan Trust
