SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
MBLA FINANCIAL CORPORATION
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(Name of issuer)
Common Stock $.01 Par Value Per Share
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(Title of class of securities)
552623100
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(CUSIP Number)
John T. Neer
MBLA Financial Corporation
101 Vine Street
Macon, Missouri 63552
(816) 385-2122
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(Name, address and telephone number of person
authorized to receive notices and communications)
June 30, 1997
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(Date of event which requires filing of this statement)
If the filing person has previously filed a Statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
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.)
Note. Six copies of this statement, including all exhibits, should be
filed with the Commission. See Rule 13d-1(a) for other parties to whom
copies are to be sent.
(Continued on following pages.)
(Page 1 of 4)
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CUSIP No. 55263100 13D Page 2 of 4 Pages
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1. Name of Reporting Person(s) JOHN T. NEER
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S.S. or I.R.S. Identification No(s). of Above Person(s)
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2. Check the Appropriate Box if a Member of a Group (a) [ ]
(See Instructions) (b) [ ]
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3. SEC Use Only
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4. Source of Funds (See Instructions) PF
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5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(d) or 2(e) [ ]
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6. Citizenship or Place of Organization UNITED STATES
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Number of Shares Beneficially Owned by Each Reporting Person with:
7. Sole Voting Power 72,054
8. Shared Voting Power 24,432
9. Sole Dispositive Power 60,329
10. Shared Dispositive Power 24,432
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11. Aggregate Amount Beneficially Owned by Each Reporting Person 96,486
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12. Check Box if the Aggregate Amount in Row (11) Excludes
Certain Shares (See Instructions) [ ]
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13. Percent of Class Represented by Amount in Row (11) 7.5%
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14. Type of Reporting Person IN
(See Instructions)
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Item 3. Source and Amount of Funds or Other Consideration
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Mr. Neer's beneficial ownership increased by 11,376 shares since the
initial filing of this Schedule 13D. Included in this amount are 10,000
shares underlying stock options that vested on June 30, 1997. On December
31, 1996, Mr. Neer was allocated 3,000 shares under the Issuer's employee
stock ownership plan. In June 1997, Mr. Neer disposed of 1,624 shares in
connection with the vesting of shares granted under the Issuer's recognition
and retention plan.
Item 5. Interest in Securities of the Issuer
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The information set forth under Item 5 is hereby amended and restated in
its entirety to read as follows:
Mr. Neer may be deemed to own beneficially an aggregate of 96,486 shares
of the Common Stock, constituting 7.5% of the number of shares of Common Stock
outstanding on the date hereof. Of these shares of Common Stock, Mr. Neer has
sole power to vote 72,054 shares (which includes 50,000 shares underlying stock
options) and has sole dispositive power over 60,329 shares (which includes
50,000 shares underlying stock options). Mr. Neer has shared voting and
dispositive power with respect to 24,432 shares.
(Page 3 of 4)
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SIGNATURE
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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.
Date: October 31, 1997 /s/ John T. Neer
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John T. Neer
(Page 4 of 4)
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