DAVIS JEROME H
SC 13D/A, 1997-04-04
Previous: STECK VAUGHN PUBLISHING CORP, DEF 14A, 1997-04-04
Next: DAVIS JEROME H, SC 13D/A, 1997-04-04



<PAGE>
               SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, D.C. 20549

                          SCHEDULE 13D
                         (Rule 13d-101)

            Under the Securities Exchange Act of 1934
                      (Amendment No. 2)<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)

                         April 2, 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                 38,997      
Shares         8.  Shared Voting
Beneficially       Power                             53,544*<F2> 
Owned by       9.  Sole Dispositive
Each Report-       Power                             38,997      
ing Person     10. Shared Dispositive
with               Power                             53,544*<F2> 
_________________________________________________________________
11.  Aggregate Amount Beneficially
     Owned by Each Reporting Person                  92,541*<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)                           9.71%       
_________________________________________________________________
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                             83,019*<F3> 
Owned by       9.  Sole Dispositive
Each Report-       Power                              9,522      
ing Person     10. Shared Dispositive
with               Power                             83,019*<F3> 
_________________________________________________________________
11.  Aggregate Amount Beneficially
     Owned by Each Reporting Person                  92,541*<F3> 
_________________________________________________________________
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)                           9.71%       
_________________________________________________________________
14.  Type of Reporting Person                           IN
     (See Instructions)                                          
_________________________________________________________________
<F3>
*    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 38,997 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 $203,957.50 for an
aggregate of 15,500 shares of Common Stock owned by him.  In
addition, Mr. Davis and Mrs. Davis paid an aggregate of
$27,250.00 for an aggregate of 2,000 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 92,541 shares, representing 9.71
percent of the outstanding shares of Common Stock based on
952,200 shares of Common Stock disclosed by Home City as
outstanding on April 2, 1997.  Of such shares, 9,522 (1.0%) are
held in the name of Mrs. Davis, 38,997 (4.09%) are held in the
name of Mr. Davis, and 44,022 (4.62%) 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 44,022 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 38,997 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 38,997 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
February 20, 1997 (the date of the most recent amendment to 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.

                    4/2/97         Jerome H. Davis           
                     Date            (Signature)

                    4/2/97         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. 3/27/97    2,000           $13.625           OTC       *<F4>

Jerome Davis:

2. 4/1/97     5,000           $13.19            OTC       *<F4>

3. 4/2/97     3,000           $13.19            OTC       *<F4>
                                                
4. 4/2/97     7,500           $13.125           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>
</TABLE>
                        Page 7 of 7 Pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission