<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
Under the Securities Exchange Act of 1934
(Amendment No. 1)<F1>
Home City Financial Corporation
(Name of Issuer)
Common Stock, having no par value
(Title of Class of Securities)
43706C 10 0
(CUSIP Number)
Jerome H. Davis
c/o David M. Perlmutter, Esq.
200 Park Ave., Suite 4515, New York, NY 10166
(212) 986-4900
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 11, 1997
(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 / /.
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)
_________________________
<F1>
1 The remainder of this cover page shall be filled out for a
reporting person's initial filing of this form with respect to the
subject class of securities, and for any subsequent amendment
containing information which would alter disclosures provided in a
prior cover page.
The information required on 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 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
<PAGE>
CUSIP No. 43706C 10 0
_________________________________________________________________
1. Name of Reporting Person Jerome H. Davis
_________________________________________________________________
S.S. or I.R.S. Identification ###-##-####
No. of Above Person
_________________________________________________________________
2. Check the Appropriate Box (a)______
if a Member of a Group (b)___X__
(See Instructions)
_________________________________________________________________
3. SEC Use Only
_________________________________________________________________
4. Source of Funds (See Instructions)
PF
_________________________________________________________________
5. Check Box if Disclosure of Legal
Proceedings is Required / /
Pursuant to Items 2(d) or 2(e)
_________________________________________________________________
6. Citizenship or Place of
Organization United States
_________________________________________________________________
Number of 7. Sole Voting Power 23,497
Shares 8. Shared Voting
Beneficially Power 51,544*<F2>
Owned by 9. Sole Dispositive
Each Report- Power 23,497
ing Person 10. Shared Dispositive
with Power 51,544*<F2>
_________________________________________________________________
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 75,041*<F2>
_________________________________________________________________
12. Check Box if the Aggregate Amount
in Row (11) Excludes Certain / /
Shares (See Instructions)
_________________________________________________________________
13. Percent of Class Represented
by amount in Row (11) 7.88%
_________________________________________________________________
14. Type of Reporting Person IN
(See Instructions)
_________________________________________________________________
<F2>
* See Items 5(a) and 5(b) of this Statement. For purposes of
this Statement Jerome H. Davis may be deemed, pursuant to Rules
13d-3(a)(1) and 13d-3(a)(2) under the Securities Exchange Act of
1934, as amended, to be the beneficial owner of 9,522 shares of the
Company's Common Stock, no par value, held in the name of his wife,
Susan B. Davis.
Page 2 of 7 Pages
<PAGE>
CUSIP No. 43706C 10 0
_________________________________________________________________
1. Name of Reporting Person Susan B. Davis
_________________________________________________________________
S.S. or I.R.S. Identification ###-##-####
No. of Above Person
_________________________________________________________________
2. Check the Appropriate Box (a)______
if a Member of a Group (b)___X__
(See Instructions)
_________________________________________________________________
3. SEC Use Only
_________________________________________________________________
4. Source of Funds (See Instructions)
PF
_________________________________________________________________
5. Check Box if Disclosure of Legal
Proceedings is Required / /
Pursuant to Items 2(d) or 2(e)
_________________________________________________________________
6. Citizenship or Place of
Organization United States
_________________________________________________________________
Number of 7. Sole Voting Power 9,522
Shares 8. Shared Voting
Beneficially Power 65,519*<F2>
Owned by 9. Sole Dispositive
Each Report- Power 9,522
ing Person 10. Shared Dispositive
with Power 65,519*<F2>
_________________________________________________________________
11. Aggregate Amount Beneficially
Owned by Each Reporting Person 75,041*<F2>
_________________________________________________________________
12. Check Box if the Aggregate Amount
in Row (11) Excludes Certain / /
Shares (See Instructions)
_________________________________________________________________
13. Percent of Class Represented
by amount in Row (11) 7.88%
_________________________________________________________________
14. Type of Reporting Person IN
(See Instructions)
_________________________________________________________________
<F2>
* See Items 5(a) and 5(b) of this Statement. For purposes of
this Statement Susan B. Davis may be deemed, pursuant to Rules
13d-3(a)(1) and 13d-3(a)(2) under the Securities Exchange Act of
1934, as amended, to be the beneficial owner of 23,497 shares of
the Company's Common Stock, no par value, held in the name of her
husband, Jerome H. Davis.
Page 3 of 7 Pages
<PAGE>
The Statement on Schedule 13D (the "Statement") of Jerome
H. Davis, with respect to the Common Stock, no par value ("Common
Stock") of Home City Financial Corporation, an Ohio corporation
("Home City") is hereby amended as set forth below.
Item 3. Source and Amount of Funds or Other Consideration.
Item 3 is hereby supplemented by the addition of the
following:
"Mr. Davis paid an aggregate of $198,318.96 for an
aggregate of 14,497 shares of Common Stock owned by him. In
addition, Mr. Davis and Mrs. Davis paid an aggregate of $170,175.00
for an aggregate of 12,500 shares of Common Stock owned by them.
All shares were purchased in over-the-counter transactions through
standard brokerage accounts maintained by them. All such shares
were purchased with personal funds of Mr. and Mrs. Davis."
Item 5. Interest in Securities of the Issuer.
A. Paragraphs (a) and (b) of Item 5 of the Statement
are amended and restated in their entirety to read as follows:
"(a) The aggregate number of shares of Common Stock
deemed to be beneficially owned by Mr. and Mrs. Davis for the
purposes of this Statement is 75,041 shares, representing 7.88
percent of the outstanding shares of Common Stock based on 952,200
shares of Common Stock disclosed by Home City as outstanding on
March 19, 1997. Of such shares, 9,522 (1.0%) are held in the
name of Mrs. Davis, 23,497 (2.47%) are held in the name of Mr.
Davis and 42,022 (4.41%) are held in the name of Mr. and Mrs.
Davis.
(b) (i) Subject to the matters referred to in paragraph
(a) hereof, Mr. and Mrs. Davis have shared power to vote or to
direct the vote and shared power to dispose of or to direct the
disposition of the 42,022 shares of Common Stock jointly held by
them.
(ii) Subject to the matters referred to in
paragraphs (a) and (b)(i) hereof, Mr. Davis has the sole power to
vote or to direct the vote and sole power to dispose or to direct
the disposition of the 23,497 shares of Common Stock owned by him,
and may be deemed to have shared power to vote or direct the vote
and shared power to dispose or direct the disposition of the 9,522
shares of Common Stock owned by Mrs. Davis.
Page 4 of 7 Pages
<PAGE>
(iii) Subject to the matters referred to in
paragraphs (a) and (b)(i) and (ii) hereof, Mrs. Davis has the sole
power to vote or to direct the vote and sole power to dispose or to
direct the disposition of the 9,522 shares of Common Stock owned by
her, and may be deemed to have shared power to vote or direct the
vote and shared power to dispose or direct the disposition of the
23,497 shares of Common Stock owned by Mr. Davis."
B. Paragraph (c) of Item 5 is hereby supplemented by
the addition of the following:
"A description of all transactions in the shares of
Common Stock which have been effected by Mr. and Mrs. Davis since
January 23, 1997 (the date of the Statement) is set forth in
Schedule A attached hereto and is incorporated herein by
reference."
Page 5 of 7 Pages
<PAGE>
Signature.
After reasonable inquiry and to the best knowledge and
belief of the undersigned, the undersigned certify that the
information set forth in this amendment is true, complete and
correct.
3/20/97 Jerome H. Davis
Date (Signature)
3/20/97 Susan B. Davis
Date (Signature)
Page 6 of 7 Pages
<PAGE>
<TABLE>
Schedule A
Information with Respect to Transaction in the
Common Stock of Home City Financial Corporation
By Jerome H. Davis and Susan B. Davis
<CAPTION>
Date of No. of Shrs Price Per Shr Where How
Transa- Purchased (excl. commis- Trans- Trans-
tion (Sold) sions) acted acted
<S> <C> <C> <C> <C>
Mr. and Mrs. Davis:
1. 3/10/97 5,000 $13.50 OTC *<F4>
2. 3/11/97 7,500 $13.69 OTC *<F4>
Jerome Davis:
3. 3/14/97 9,500 $13.68 OTC *<F4>
4. 3/17/97 4,997 $13.68 OTC *<F4>
__________________________________
<FN>
<F4>
* Transaction effected in the over-the-counter market ("OTC")
through a standard brokerage account maintained by Mr. Davis or
jointly by Mr. and Mrs. Davis.
</FN>
Page 7 of 7 Pages
</TABLE>
