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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. ________________)*
Kankakee Bancorp, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
484243100
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(CUSIP Number)
September 1, 1999
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Date of Event
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
*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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Page 2 of 6 pages
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CUSIP NO. 484243100 13G PAGE 2 OF 6 PAGES
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James G. Schneider
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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
United States of America
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NUMBER OF 5 SOLE VOTING POWER
SHARES 8,119.9 shares
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
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6 SHARED VOTING POWER
10,203.8 shares
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7 SOLE DISPOSITIVE POWER
64,775.8 shares
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
68,198.7 shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
/ /
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.1 %
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12 TYPE OF REPORTING PERSON*
IN
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Page 2 of 6 pages
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STATEMENT CONTAINING INFORMATION REQUIRED BY SCHEDULE 13G
ITEM 1.
(a) NAME OF ISSUER
Kankakee Bancorp, Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
310 South Schuyler Avenue
P.O. Box 3
Kankakee, Illinois 60901-0003
ITEM 2.
(a) NAME OF PERSON FILING
James G. Schneider
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE
310 South Schuyler Avenue
P.O. Box 3
Kankakee, Illinois 60901-0003
(c) CITIZENSHIP
United States of America
(d) TITLE OF CLASS OF SECURITIES
Common Stock
(e) CUSIP NUMBER
484243100
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), 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 of 1940
(e) / / An investment adviser in accordance with Section 240.13d-
1(b)(1)(ii)(E)
Page 3 of 6 pages
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(f) / / An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F)
(g) / / A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G)
(h) / / A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act
(i) / / A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940
(j) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(J)
ITEM 4. OWNERSHIP
(a) AMOUNT BENEFICIALLY OWNED
68,198.7 shares
(b) PERCENT OF CLASS
5.1 %
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) SOLE POWER TO VOTE OR TO DIRECT THE VOTE
8,119.9 shares
(ii) SHARED POWER TO VOTE OR TO DIRECT THE VOTE
10,203.8 shares
(iii) SOLE POWER TO DISPOSE OR TO DIRECT THE DISPOSITION OF
64,775.8
(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
Page 4 of 6 pages
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ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
N/A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
N/A
ITEM 10. CERTIFICATION
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above 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.
[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]
Page 5 of 6 pages
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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.
September 7, 1999
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Date
/s/ James G. Schneider
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James G. Schneider
Page 6 of 6 pages
