Schedule 13 G
Item 1 (a) Rocky Ford Financial
(b) 801 Swink Avenue
Rocky Ford, CO 81067
Item 2 (a) Corbyn Investment Management, Inc., et al.
(b) Suite 108, 2330 W. Joppa Road
Lutherville, Maryland 21093
(c)Incorporated in the State of Maryland
(d) Common Stock
(e) 774549109
Item 3 (h) The filer is a group consisting of an Investment Adviser
registered under Section 203 of the Investment Advisers Act of 1940 and
an Investment Company registered under Section 8 of the Investment
Company Act.
Item 4 (a) 40,000 common shares
(b) 9.5%
(c) (i) Sole power to vote or direct the vote of all 40,000 shares
(iii) Sole power to dispose of or direct the disposition of all 40,000
shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 (a) The group consists of an Investment Adviser registered under
Section 203 of the Investment Advisers Act of 1940 (IA) and an
Investment Company registered under Section 8 of the Investment
Company Act (IV).
Item 9 N/A
Schedule 13 G
Item 1 (a) Rocky Ford Financial
(b) 801 Swink Avenue
Rocky Ford, CO 81067
Item 2 (a) Corbyn Investment Management,Inc.
(b) Suite 108, 2330 W. Joppa Road
Lutherville, Maryland 21093
Incorporated in the State of Maryland
(d) Common Stock
(e) 774549109
Item 3 (e) The filer is an Investment Adviser registered under
Section 203 of the Investment Advisers Act of 1940.
Item 4 (a) 23,500 common shares
(b) 5.6%
(c)(i) Sole power to vote or direct the vote of 23,500 shares
(iii) Sole power to dispose of or direct the disposition of all 23,500
shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
Schedule 13 G
Item 1 (a) Rocky Ford Financial
(b) 801 Swink Avenue
Rocky Ford, CO 81067
Item 2 (a) Greenspring Fund, Inc.
(b) Suite 110, 2330 W. Joppa Road
Lutherville, Maryland 21093
Incorporated in the State of Maryland
(d) Common Stock
(e) 774549109
Item 3 (d) The filer is an Investment Company registered under
Section 8 of the Investment Company Act.
Item 4 (a) 16,500 common shares
(b) 3.9%
(c) (i) Sole power to vote or direct the vote of all 16,500 shares
(iii) Sole power to dispose of or direct the disposition of all 16,500
shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
Item 10 By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course
of business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of such securities
and were not acquired in connection with or as a participant in any
transaction having such purposes or effect.
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.
Date: January 8, 1998
Signature
Name/Title: Charles vK Carlson, President
CUSIP No. 774549109 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Corbyn Investment Management, Inc. et al
n/a
2. Check The Appropriate Box If A Member Of A Control Group
(a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 108 2330 W. Joppa Rd.
Lutherville, MD 21093
Number of Shares Beneficially Owned By Each Reporting Person:
5. Sole Voting Power
40,000
6. Shared Voting Power
7. Sole Dispositive Power
40,000
8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
40,000
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
9.5%
12. Type Of Reporting Person
00- Group Consisting of IA and IV
CUSIP No. 774549109 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Corbyn Investment Management, Inc.
52-0964322
2. Check The Appropriate Box If A Member Of A Control Group
(a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 108 2330 W. Joppa Rd.
Lutherville, MD 21093
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power
23,500
6. Shared Voting Power
7. Sole Dispositive Power
23,500
8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
23,500
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
5.6%
12. Type Of Reporting Person
IA
CUSIP No. 774549109 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Greenspring Fund, Inc.
52-1267740
2. Check The Appropriate Box If A Member Of A Control Group
(a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 110 2330 W. Joppa Rd.
Lutherville, MD 21093
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power
16,500
6. Shared Voting Power
7. Sole Dispositive Power
16,500
8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
16,500
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
3.9%
12. Type Of Reporting Person
IV
