MNB BANCSHARES INC
5, 2000-02-11
NATIONAL COMMERCIAL BANKS
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[ ] Check this box if no longer subject to Section 16.  Form 4 or Form 5
    obligations may continue.  See Instructions 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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)

3225 Willowood Circle
- -------------------------------
(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
   12/1999
____________________________________________________________________________
5. If Amendment,
   Date of Original
   (Month/ Year)
____________________________________________________________________________
6.  Relationship of Reporting Person(s) to Issuer
        (Check all applicable)

[ ]  Director     [ ] 10% Owner
[X]  Officer      [ ] Other (specify below)
    (give title below)  Chief Financial Officer (1)
____________________________________________________________________________
7.  Individual or Joint/Group Filing
    (Check Applicable Line)
[ ] Form filed by One Reporting Person
[ ] Form filed by more than One Reporting Person

_______________________________________________________________________________
<TABLE>

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.                  2.               3.                 4.
Title of Security   Transaction Date Transaction Code   Securities Acquired (A)
(Instr. 3)          (Month/Day/Year) (Instr. 8)         or Disposed of (D)
                                                        (Instr. 3, 4 and 5)
                                                                 (A) or
                                                         Amount  (D)     Price

Common Stock       8/16/99 (2)        A                306
<S>                <C>               <C>               <C>


5. Amount of Securities  6. Ownership Form:  7. Nature of
   Beneficially Owned       Direct (D) or       Indirect
   At End of Issuer's       Indirect (I)        Beneficial
   Fiscal Year             (Instr. 4)           Ownership
  (Instr. 3 and 4)                              (Instr. 4)

   6,433                     D
   <C>                      <C>                 <C>

</TABLE>
(Over)

* If the form is filed by more than one reporting person, see Instruction
 4(b)(v). SEC 2270 (7-96
________________________________________________________________________________
FORM 5 (continued)

<TABLE>

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Deriva- 2. Conver- 3. Transaction 4. Transaction 5.  Number of
   tive Security       sion or    Date           Code            Derivative
   (Instr. 3)          Exercise                  (Instr. 8)      Securities
                       Price of   (Month/                        Acquired (A)
                       Derivative  Day/                          or Disposed of
                       Security    Year)                         (D)Inst.3,4,5



Stock Options          12.50 (3)   8/16/99       J(2)            116
To Purchase
Common Stock

<S>                    <C>         <C>          <C>              <C>


6. Date Exercisable        7. Title and Amount of       8. Price of
   and Expiration Date        Underlying Securities        Derivative
   (Month/Day/Year)          (Instr. 3 and 4)             Security
                             (Instr. 5)
   Date
   Exer-   Expir-             Title   Amount or
   cisable ation Date                 Number of
                                      Shares

   (4)      11/4/08              Common      116
                                 Stock
   <C>                        <C>                          <C>


9. Number of Deriv-  10. Ownership of      11. Nature of
   ative Securities      Derivative            Indirect
   Beneficially          Security:             Beneficial
   Owned at End          Direct (D) or         Ownership
   of Year               Indirect (I)         (Instr. 4)
   (Instr. 4)           (Instr. 4)



   2,437                      D

   <C>                       <C>                  <C>
</TABLE>
Explanation of Responses:
1. Of Issuer and Issuer's wholly-owned subsidiary, Security National Bank
2. Shares received from 5% stock dividend paid August 16, 1999
3. Exercise price reflects adjustment for stock dividends
4. Grant of stock options under MNB Bancshares, Inc. 1992 Stock Option Plan,
Exercisable in annual 20% increments beginning November 4, 1999.

/s/Mark A. Herpich          2/11/00
_______________________     ______________
**                          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 is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained
 in this form are not required to respond unless the form displays a currently
 valid OMB Number.

Page 2
SEC 2270 (7-96)


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