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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. 1*)
FIRST COMMUNITY FINANCIAL GROUP, INC.
----------------------------------------------------------------
(Name of Issuer)
Common Stock
----------------------------------------------------------
(Title of Class of Securities)
None
--------------------------
(CUSIP Number)
Check the following box if a fee is being paid with this statement / /
. (A fee is not required only if the filing person: (1) has a
previous statement on file reporting beneficial ownership of more than
five percent of the class of securities described in Item 1; and (2)
has filed no amendment subsequent thereto reporting beneficial
ownership of five percent or less of such class.) (See Rule 13d-7).
*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).
Page 1 of 7 pages
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CUSIP No. None 13G Page 2 of 7 Pages
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
FCFG Employee Stock Ownership Plan ("KSOP")
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Washington
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5 SOLE VOTING POWER
NUMBER OF
SHARES 0 Shares
BENEFICIALLY --------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH
REPORTING 83,291 Shares
PERSON --------------------------------------------------
WITH 7 SOLE DISPOSITIVE POWER
0 Shares
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
83,291 Shares
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
323,406 SHARES - The KSOP disclaims beneficial over 91,502 and
148,613 shares beneficially held by Messrs. DeTray and Parsons,
respectfully, which are included as beneficially owned solely due to
the fact that Messrs. DeTray and Parsons are Trustees of the KSOP.
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
____
/_X_/
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.6%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
EP
- -------------------------------------------------------------------------------
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CUSIP No. None 13G Page 3 of 7 Pages
---------- --- ---
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
E. Paul DeTray
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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
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 91,502 SHARES (Includes 11,148
BENEFICIALLY shares which could acquired
OWNED BY within 60 days by the exercise of
EACH stock options.
REPORTING --------------------------------------------------
PERSON 6 SHARED VOTING POWER
WITH
83,291 Shares
--------------------------------------------------
7 SOLE DISPOSITIVE POWER
91,502 SHARES (Includes 11,148
shares which could acquired
within 60 days by the exercise of
stock options.)
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
83,291 Shares
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
323,406 SHARES - Mr. DeTray disclaims beneficial over 148,613 shares
beneficially held by Mr. Parsons which are included as beneficially
owned solely due to the fact that Mr. Parsons is also a Trustee of
the KSOP.
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
____
/_X_/
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.6%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
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CUSIP No. None 13G Page 4 of 7 Pages
---------- --- ---
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ken F. Parsons
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
NUMBER OF
SHARES 148,613 SHARES (Includes 69,384
BENEFICIALLY shares which could acquired within
OWNED BY 60 days by the exercise of stock
EACH options.)
REPORTING ----------------------------------------------------
PERSON 6 SHARED VOTING POWER
WITH
83,291 Shares
----------------------------------------------------
7 SOLE DISPOSITIVE POWER
148,613 SHARES (Includes 69,384
shares which could acquired within
60 days by the exercise of stock
options.
----------------------------------------------------
8 SHARED DISPOSITIVE POWER
83,291 Shares
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
323,406 SHARES - Mr. Parsons disclaims beneficial over 91,502
shares beneficially held by Mr. DeTray which are included as
beneficially owned solely due to the fact that Mr. DeTray is
also a Trustee of the KSOP.
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
____
/_X_/
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.6%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
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PAGE 5 OF 7 PAGES
ITEM 1 (a): NAME OF ISSUER
FIRST COMMUNITY FINANCIAL GROUP, INC.
ITEM 1 (b): ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
721 College Street SE
Lacey, WA 98503
P. O. Box 3800
Lacey, WA 98509-3800
ITEM 2 (a): NAME OF PERSON FILING
FCFG Employee Stock Ownership Plan ("KSOP")
Ken F. Parsons
E. Paul DeTray
ITEM 2 (b): ADDRESS OF PRINCIPAL BUSINESS OFFICE
721 College Street SE
Lacey, WA 98503
P. O. Box 3800
Lacey, WA 98509-3800
ITEM 2 (c): CITIZENSHIP
Washington, United States
ITEM 2 (d): TITLE OF CLASS OF SECURITIES
Common Stock
ITEM 2 (e): CUSIP NUMBER
Not Applicable
ITEM 3: This statement is not filed pursuant to Rules 13d-1 (b) or 13d-2,
and therefore this item is not applicable.
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PAGE 6 OF 7 PAGES
ITEM 4: OWNERSHIP
(a) Amount Beneficially Owned:
323,406 Shares*
*The KSOP disclaims beneficial over 91,502 and 148,613 shares held
beneficially by Messrs. DeTray and Parsons, respectfully, which are included as
beneficially owned solely due to the fact that Messrs. DeTray and Parsons are
Trustees of the KSOP.
(b) Percent of Class:
15.6%
(c) Number of Shares as to Which Such Person Has:
(i) Sole power to vote or direct the vote:
91,502 Shares - Mr. DeTray
148,613 Shares - Mr. Parsons
(ii) Shared power to vote or direct the vote:
83,291 Shares
(iii) Sole power to dispose or to direct the
disposition of:
91,502 Shares - Mr. DeTray
148,613 Shares - Mr. Parsons
(iv) Shared power to dispose or to direct the
disposition of:
83,291 Shares
ITEM 5: OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable
ITEM 6: OWNERSHIP OF NOT MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON
Not Applicable
ITEM 7: IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED BY THE PARENT HOLDING
COMPANY.
Not Applicable.
ITEM 8: IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
ITEM 9: NOTICE OF DISSOLUTION OF GROUP.
Not Applicable
ITEM 10: CERTIFICATION
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Not Applicable
PAGE 7 OF 7 PAGES
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in the statement is true, complete and
correct.
February 13, 1998
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Date
/s/ Ken F. Parsons
- ---------------------------------------
Signature
Ken F. Parsons, President and CEO
First Community Financial Group, Inc.
