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) 28,700 common shares
(b) 7.03%
(c) (i) Sole power to vote or direct the vote of
all 28,700 shares
(iii) Sole power to dispose of or direct the disposition
of all 28,700 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
<PAGE>
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) 12,200 common shares
(b) 2.99%
(c)(i) Sole power to vote or direct the vote of 12,200 shares
(iii) Sole power to dispose of or direct the disposition
of all 12,200 shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
<PAGE>
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) 4.04%
(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 21, 1999
Signature
Name/Title: Charles vK Carlson, President
<PAGE>
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
28,700
6. Shared Voting Power
7. Sole Dispositive Power
28,700
8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
28,700
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
7.03%
12. Type Of Reporting Person
00- Group Consisting of IA and IV
<PAGE>
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
12,200
6. Shared Voting Power
7. Sole Dispositive Power
12,200
8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
12,200
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
2.99%
12. Type Of Reporting Person
IA
<PAGE>
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
4.04%
12. Type Of Reporting Person
IV
