<PAGE>
FORM 4
[ ] Check this box if no longer subject
to Section 16. Form 4 or Form 5
obligations may continue. See
Instructions 1(b).
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
_______________________________________________________________________________
1. Name and Address of Reporting Person
Herpich Mark A
- -----------------------------------------------------
(Last) (First) (Middle)
2380 Grandview Terrace
- -----------------------------------------------------
(Street)
Manhattan KS 66502
- -----------------------------------------------------
(City) (State) (Zip)
_______________________________________________________________________________
2. Issuer Name and Ticker or Trading Symbol
MNB Bancshares, Inc. MNBB
_______________________________________________________________________________
3. IRS or Social Security Number of Reporting Person (Voluntary)
_______________________________________________________________________________
4. Statement for Month/Year
March, 1999
_______________________________________________________________________________
5. If Amendment, Date of Original (Month/Year)
_______________________________________________________________________________
6. Relationship of Reporting Person to Issuer
(Check all applicable)
[ ] 10% Owner
[ ] Director
[x] Officer (give title below)(1)
[ ] Other (specify below)
Senior Vice President
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_______________________________________________________________________________
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<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
TABLE I--Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
- -----------------------------------------------------------------------------
- -------------------------------------------
1. 2. 3. 4.(2)
- -------------------- -------- ---------- ----------------------------
Trans- Trans- Securities Acquired (A)
action action or Disposed of (D)
Date Code (Instr. 3, 4 and 5)
Title of (Month/ (Instr. 8) ---------------------------
Security Day/ ---------- Amount (A) or Price
(Instr. 3) Year) Code V (D)
- --------------------- -------- ---- ---- ----------- ------ ---------
<S> <C> <C> <C> <C> <C> <C>
Common Stock 3/1/99 P V 1,027 A 13.00
5. 6. 7.
- ----------- ---------- ----------
Amount of Owner-
Securities ship
Beneficially Form:
Owned at Direct Nature of
End of (D) or Indirect
Month Indirect Beneficial
(Instr. (I) Ownership
3 and 4) (Instr. 4) (Instr. 4)
- ----------- ---------- ----------
<C> <C> <C>
1,027 D
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly. (Print or Type Responses)
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<PAGE>
FORM 4 (continued)
<TABLE>
<CAPTION>
TABLE II--Derivative Securities Acquired, Disposed
of, or Beneficially Owned(e.g. puts, calls,
warrants, options, convertible securities)
- ------------------------------------------------------------------------
- ------------------------------------------------------
1. 2. 3. 4. 5. 6.
- --------- ------- ------- ------- --------- -----------
Title of Conver- Trans- Trans- Number of Date Exer-
Derivative sion or action action Derivative cisable and
Security Exercise Date Code of Securities Expiration
(Instr. 3) Price of (Month/ (Instr. Acquired Date (Month/
Deriv- Day/ 8) (A)or Dis- Day/Year)
ative Year) posed (D)
Security (Instr. 3, --------------
4 and 5)
Date
Exer- Expir-
-------- ---------- cis- ation
Code V (A) (D) able Date
- ---------- -------- -------- ---- --- ---- ---- ------- ---------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Stock
Option to
Purchase
Shares 13.125 11/4/98 J(2) V 2321 (2) 11/04/2008
7. 8. 9. 10. 11.
- -------------- ------ ---------- --------- ----------
Title and Price Number of Ownership Nature of
Amount of of Derivative Form of Indirect
Underlying Deriv- Securities Derivative Beneficial
Securities ative Benefi- Security: Ownership
(Instr. 3 Security cially Direct (D) (Instr. 4)
and 4) (Instr.5)Owned at or Indirect
-------------- End of (I)(Instr.4)
Month
Amount (Instr.4)
or Num-
ber of (5)
Title Shares
----- ------ ------ ---------- -------- ------
<C> <C> <C> <C> <C> <C>
CS 2,321 2,321 D
</TABLE>
Explanation of Responses:
[FN]
1. Of Issuer's wholly-owned subsidiary, Security National Bank.
2. Grant of stock options under MNB Bancshares, Inc. 1992 Stock Option Plan,
exercisable in annual 20% increments beginning November 4, 1999.
</FN>
/s/ Mark A. Herpich
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** Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
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