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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13 D
Under the Securities Exchange Act of 1934
FIRST SAVINGS BANCORP, INC.
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(Name of Issuer)
Common Stock, no par value
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(Title of Class of Securities)
335939104
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(CUSIP Number)
Timothy S. Maples
205 S.E. Broad Street, P.O. Box 1657
Southern Pines, NC 28388
(910) 692-6222
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
September 1, 1999
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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 that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following
box.[_]
NOTE: Schedules filed in the paper format shall include a signed original and
five copies of the schedule, including all exhibits. See Rule 13d-7(b) for
other parties to whom copies are to be sent.
*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).
(Cover Page Continued)
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CUSIP No. 335939104 13D
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
William E. Samuels, Jr.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [_]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
00
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5 CHECK 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
North Carolina
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7 SOLE VOTING POWER
NUMBER OF 87,421 Shares
SHARES ---------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 88,355 Shares
REPORTING ---------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE
WITH POWER
87,421 Shares
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10 SHARED DISPOSITIVE POWER
88,355 Shares
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
175,776 Shares
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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
5.05%
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14 TYPE OF REPORTING PERSON
IN
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(End of Cover Page)
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Item 1. Security and Issuer:
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Common Stock
First Savings Bancorp, Inc
205 S.E. Broad Street, P.O. Box 1657
Southern Pines, NC 28388
Item 2. (a) Name: William E. Samuels, Jr.
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(b) Residence or business address: 205 S.E. Broad Street,
P.O. Box 1657
Southern Pines, NC 28388
(c) Employment: Senior Vice President
First Savings Bank of Moore County, Inc., SSB
205 S.E. Broad Street, P.O. Box 1657
Southern Pines, NC 28388
(d) No
(e) No
(f) United States
Item 3. Source and Amount of Funds or Other Consideration.
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Filer's beneficial ownership exceeded 5% through a combination of (1)
an increase in the number of shares allocated to the First Savings
Bank of Moore County, Inc., SSB Employee Stock Ownership Plan and (2)
the Issuer's repurchases of its capital stock reducing the number of
shares outstanding.
Item 4. Purpose of Transaction.
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See Item 3
Item 5. Interest in Securities of the Issuer.
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(a) 175,776 shares (5.05% of outstanding)
(b) Sole voting power - 87,421 shares
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Shared voting power - 88,355 shares
Sole dispositive power - 87,421 shares
Shared dispositive power - 88,355 shares
(c) None
(d) Filer shares voting power and the power to direct the receipt of
dividends of 70,355 shares with the First Savings Bank of Moore
County, Inc. SSB Employee Stock Ownership Plan which is the
registered owner of 70,355 of the shares disclosed herein.
(e) Not applicable
Item 6. Contracts, Assignments, Understandings or Relationships With Respect
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to Securities of the Issuer.
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Not Applicable.
Item 7. Material Filed as Exhibits.
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Not Applicable.
