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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. One)*
D/W BANKSHARES, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
233349109
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(CUSIP Number)
RITA B. GRAY
401 SOUTH THORNTON AVENUE
DALTON, GEORGIA 30720
(706) 226-1500
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
FEBRUARY 29, 1996
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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 reporting 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.
*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 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 ("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).
(Continued on following page(s))
Page 1 of 4 Pages
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CUSIP No. 233349109 13D Page 2 of 4 Pages
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(1) NAMES OF REPORTING PERSONS. S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE
PERSONS
Tom Peeples
Social Security Number: ###-##-####
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) / /
(b) /X/
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(3) SEC USE ONLY
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(4) SOURCE OF FUNDS
PF
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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
USA
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NUMBER OF SHARES (7) SOLE VOTING POWER
BENEFICIALLY OWNED 66,246
BY EACH REPORTING --------------------------------------------------
PERSON WITH (8) SHARED VOTING POWER
0
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(9) SOLE DISPOSITIVE POWER
66,246
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(10) SHARED DISPOSITIVE POWER
0
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(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
66,246
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(12) CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
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(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.45%
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(14) TYPE OF REPORTING PERSON
IN
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Page 3 of 4 Pages
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ITEM 1. SECURITY AND ISSUER
Common Stock
D/W Bankshares, Inc.
401 South Thornton Avenue
Dalton, Georgia 30722
ITEM 2. IDENTITY AND BACKGROUND
a. Tom Peeples
b. 604 Audubon Way, Dalton, Georgia 30720
c. Vice President and General Manager
Varsity Carpet Services, Inc.
1903 South Hamilton Street, Dalton, Georgia 30720
d. No criminal convictions.
e. Not a party to any civil proceedings involving federal or state
securities laws.
f. U.S.A.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
Personal funds in the amount of $441,720 was used to purchase the
stock. No funds were borrowed.
ITEM 4. PURPOSE OF TRANSACTION
Long-term investment. There are no plans or proposals which would
result in events described in (a) through (j) of Item 4.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
a. 66,246 shares; 9.45% of outstanding shares of Issuer
b. sole voting power: 66,246
shared voting power: 0
sole dispositive power: 66,246
shared dispositive power: 0
c. Prior to the purchases effected within the last 60 days, the
reporting person held 43,060 shares, including 4,425 shares held
as custodian for Willena M. Stanfield, and 4,425 shares held as
custodian for Sydni M. Peeples. On February 8, 1996, the reporting
person acquired 4,400 shares for $15 per share in a privately-
negotiated transaction. On February 29, 1996, the reporting person
acquired 18,786 shares for $20 per share in a privately-negotiated
transaction.
d. Willena M. Stanfield and Syndi M. Peeples are entitled to any
dividends or proceeds from the sale of the shares held by the
reporting person as custodian on their behalf.
e. Not applicable.
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Page 4 of 4 Pages
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUES.
None.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
None.
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.
Dated: May 29, 1996 /s/ TOM PEEPLES
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Name: Tom Peeples
