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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
SECURITY FINANCIAL BANCORP, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
81424D109
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(CUSIP Number)
DAVID M. W. HARVEY
EVEREST PARTNERS LIMITED PARTNERSHIP
(dba Everest Partners, L.P.)
POST OFFICE BOX 3178
GARDNERVILLE, NEVADA 89410
(775)265-3016
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
NOVEMBER 20, 2000
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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
secs.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box [ ].
*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).
CUSIP No 81424D109
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1) Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)
Everest Partners Limited Partnership (d.b.a. Everest Partners, L.P.)
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
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3) SEC Use Only
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4) Source of Funds (See Instructions)
WC
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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
NEVADA
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Number of (7) Sole Voting Power 0
Shares --------------------------------------------------------------
Beneficially (8) Shared Voting Power 115,000
Owned by --------------------------------------------------------------
Each Reporting- (9) Sole Dispositive Power 0
Person --------------------------------------------------------------
With (10) Shared Dispositive Power 115,000
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11) Aggregate Amount Beneficially Owned by Each Reporting Person
115,000
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12) Check 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)
5.9%
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14) Type of Reporting Person (See Instructions)
PN
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CUSIP No 81424D109
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1) Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)
Everest Managers, L.L.C.
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
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3) SEC Use Only
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4) Source of Funds (See Instructions)
Not applicable
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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
NEVADA
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Number of (7) Sole Voting Power 0
Shares --------------------------------------------------------------
Beneficially (8) Shared Voting Power 115,000
Owned by --------------------------------------------------------------
Each Reporting- (9) Sole Dispositive Power 0
Person --------------------------------------------------------------
With (10) Shared Dispositive Power 115,000
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11) Aggregate Amount Beneficially Owned by Each Reporting Person
115,000
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12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
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13) Percent of Class Represented by Amount in Row 9
5.9%
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14) Type of Reporting Person (See Instructions)
OO
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CUSIP No. 81424D109
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1) Names of Reporting Persons
I.R.S. Identification Nos. of Above Persons (entities only)
David M. W. Harvey
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2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
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3) SEC Use Only
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4) Source of Funds (See Instructions)
Not applicable
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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
U.S.A.
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Number of (7) Sole Voting Power 0
Shares --------------------------------------------------------------
Beneficially (8) Shared Voting Power 115,000
Owned by --------------------------------------------------------------
Each Reporting- (9) Sole Dispositive Power 0
Person --------------------------------------------------------------
With (10) Shared Dispositive Power 115,000
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11) Aggregate Amount Beneficially Owned by Each Reporting Person
115,000
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12) Check if the Aggregate Amount in Row (9) Excludes Certain Shares
(See Instructions) [ ]
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13) Percent of Class Represented by Amount in Row 9
5.9%
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14) Type of Reporting Person (See Instructions)
IN
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This Amendment No. 1 is to the Schedule 13D (the "Amendment No. 1")
jointly filed by Everest Partners Limited Partnership (d.b.a. Everest
Partners, L.P.)(the "Limited Partnership"), Everest Managers, L.L.C.
(the "General Partner"), and David M. W. Harvey, the principal member
of
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the General Partner (collectively the "Filing Persons") on February 10,
2000. This Amendment No. 1 relates to the original Schedule 13D jointly
filed by the Filing Persons on February 10, 2000 (the "Original 13D")
which relates to the Common Stock, $0.01 par value, (the "Shares") of
Security Financial Bancorp, Inc., a Delaware corporation (the
"Issuer"). The following items in the Original 13D are hereby amended
in their entirety to read as follows:
Item 3: Source and Amount of Funds or Other Consideration
The aggregate purchase price of the stock covered by this statement is
$1,202,304. The Limited Partnership's stock purchases were in an account
carried at Bear, Sterns Securities Corp. No borrowed funds were used to
purchase the stock.
Item 5: Interest in Securities of the Issuer
(a) According to the Form 10QSB of the Issuer dated November 14,2000
the Issuer had 1,938,460 shares of stock issued and outstanding.
Accordingly, the 115,000 shares owned by the Limited Partnership
represent approximately 5.9 percent (5.9%) of the Issuer's issued
and outstanding Shares as of November 14, 2000.
(b) The General Partner has the power to vote or direct the voting of
the Shares as of any record date subsequent to the Limited
Partnership purchases identified in Exhibit B, and the power to
dispose or to direct the disposition of such Shares. Because David
M. W. Harvey is the controlling person of the General Partner, Mr.
Harvey may be deemed to have the indirect power to vote or direct
the vote and to dispose or direct the disposition of the Shares
that are the subject of this Amendment No. 1. Each of Mr. Harvey
and the General Partner disclaims beneficial ownership of such
Shares.
(c) Purchases in the last 60 days. See Exhibit B attached. The
transactions identified in Exhibit B were effected through one or
more brokers in the over-the-counter market.
(d) No person other than the Limited Partnership and the General
Partner has the right to receive or the power to direct the
receipt of dividends from or the proceeds from the sale of the
Shares that are the subject of this statement.
(e) Not applicable.
Item 7: Material to be Filed as Exhibits
Exhibit A - Joint Filing Agreement
Exhibit B - Schedule of Purchases
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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.
EVEREST PARTNERS LIMITED PARTNERSHIP
(d.b.a. EVEREST PARTNERS, L.P.)
By its General Partner
EVEREST MANAGERS, L.L.C.
By: /s/ David M. W. Harvey
Dated: November 20, 2000 ----------------------------------
Name: David M. W. Harvey
Title: Managing Member
EVEREST MANAGERS, L.L.C.
By: /s/ David M. W. Harvey
Dated: November 20, 2000 ----------------------------------
Name: David M. W. Harvey
Title: Managing Member
By: /s/ David M. W. Harvey
Dated: November 20, 2000 ----------------------------------
Name: David M. W. Harvey
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Exhibit A
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AGREEMENT REGARDING THE JOINT FILING OF
SCHEDULE 13D
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The undersigned hereby agree as follows:
(i) Each of them is individually eligible to use the amendment
to the Schedule 13D to which this Exhibit is attached, and
such amendment is filed on behalf of each of them; and
(ii) Each of them is responsible for the timely filing of such
amendment to the Schedule 13D and any amendments thereto,
and for the completeness and accuracy of the information
concerning such person contained therein; but none of them
is responsible for the completeness or accuracy of the
information concerning the other persons making the
filing, unless such person knows or has reason to believe
that such information is inaccurate.
EVEREST PARTNERS LIMITED PARTNERSHIP
(d.b.a. EVEREST PARTNERS, L.P.)
By its General Partner
EVEREST MANAGERS, L.L.C.
By: /s/ David M. W. Harvey
Dated: November 20, 2000 ----------------------------------
Name: David M. W. Harvey
Title: Managing Member
EVEREST MANAGERS, L.L.C.
By: /s/ David M. W. Harvey
Dated: November 20, 2000 ----------------------------------
Name: David M. W. Harvey
Title: Managing Member
By: /s/ David M. W. Harvey
Dated: November 20, 2000 ----------------------------------
Name: David M. W. Harvey
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Exhibit B
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SCHEDULE OF PURCHASES
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Everest Partners Limited Partnership acquisitions of and holdings in
Security Financial Bancorp, Inc. (SFBI)
Date Shares (#) Cost ($) Price/Share
---- ---------- -------- -----------
Prior Purchases 100,000 977,289 9.6778
11/20/00 15,000 225,015 15.0000
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115,000 1,202,304 10.4548
