SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. )*
POINTE FINANCIAL CORPORATION
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(Name of Issuer)
Common Stock, par value $0.01
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(Title of Class of Securities)
73084P100
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*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 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).
Page 1 of 5 Pages
<PAGE>
SCHEDULE 13G
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CUSIP No. 73084P100 Page 2
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<TABLE>
<CAPTION>
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<S> <C> <C> <C>
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Morris Massry
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP [ ] (a)
[X] (b)
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES
BENEFICIALLY
OWNED BY 230,693*
EACH
REPORTING
PERSON WITH
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6 SHARED VOTING POWER None
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7 SOLE DISPOSITIVE POWER 230,693*
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8 SHARED DISPOSITIVE POWER None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
230,693*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
See note below. [X]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11.4%
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12 TYPE OF REPORTING PERSON
IN
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</TABLE>
* Includes (i) 149,005 shares owned personally as of December 31, 1999; (ii)
9,720 shares subject to immediately exercisable options held personally as
of December 31, 1999; (iii) 62,968 shares owned by KAM, Inc., a corporation
controlled by Mr. Massry; and (iv) 9,000 shares purchased by Mr. Massry in
January 2000. Excludes 10,680 shares owned or controlled by members of Mr.
Massry's family.
<PAGE>
Item 1(a). Name of Issuer:
Pointe Financial Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
21845 Powerline Road, Boca Raton, FL 33433
Item 2(a). Name of Person Filing:
Morris Massry
Item 2(b). Address of Principal Business Office or, if None, Residence:
21845 Powerline Road, Boca Raton, FL 33433
Item 2(c). Citizenship:
United States
Item 2(d). Title of Class of Securities:
Common Stock, par value $0.01
Item 2(e). CUSIP Number:
73084P100
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or Rule 13d-2(b) or
(c), check whether the person filing is a: N/A
(a) [ ] Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C.
78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the
Investment Company Act of 1940 (15 U.S.C 80a-8).
(e) [ ] An investment adviser in accordance with Rule 13d-
1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
<PAGE>
(g) [ ] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this
statement is filed pursuant to Rule 13d-1(c), check this
box. [ ].
Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 230,693.
(b) Percent of class: 11.4.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 230,693.
(ii) Shared power to vote or to direct the vote None.
(iii) Sole power to dispose or to direct the disposition of
230,693.
(iv) Shared power to dispose or to direct the disposition of
None.
Instruction. For computations regarding securities which represent a right to
acquire an underlying security see Rule 13d-3(d)(1).
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following: [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
N/A
<PAGE>
Item 7. Identification and Classification of the Subsidiary which Acquired the
Security Being Reported on by the Parent Holding Company:
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group:
N/A
Item 10. Certifications.
N/A
SIGNATURE
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.
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Morris Massry
