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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
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Guaranty Financial Corporation
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(Name of Issuer)
Common Stock, $1.25 par value
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(Title of Class of Securities)
401086103
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(CUSIP Number)
*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 in 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 4 pages
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CUSIP No. 401086103 13G Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ferguson, Andrews Investment Advisers, Inc.
I.D. No. 541609586
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) / /
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Commonwealth of Virginia
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5 SOLE VOTING POWER
NUMBER OF
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 88,600
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
88,600
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
88,600
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.59%
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12 TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4 pages
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SCHEDULE 13G
Item 1(a) NAME OF ISSUER:
Guaranty Financial Corporation
Item 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
1658 State Farm Boulevard,
Charlottesville, Virginia 22911
Item 2(a) NAME OF PERSON FILING:
Ferguson, Andrews Investment Advisers, Inc.
Item 2(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE:
2560 IVY ROAD
CHARLOTTESVILLE, VA 22903
Item 2(c) CITIZENSHIP:
Commonwealth of Virginia
Item 2(d) TITLE OF CLASS OF SECURITIES:
Common Stock, $1.25 par value
Item 2(e) CUSIP NUMBER:
401086103
Item 3 TYPE OF REPORTING PERSON:
Investment Adviser registered under
Section 203 of the Investment Advisers
Act of 1940.
Item 4(a) AMOUNT BENEFICIALLY OWNED AS OF DECEMBER 31, 1997:
88,600 shares of common stock
Item 4(b) PERCENT OF CLASS:
9.59%
Item 4(c) DEEMED VOTING POWER AND DISPOSITION POWER:
(i) sole power to vote or to direct the vote: N/A
(ii) shared power to vote or to direct the vote: 88,600
(iii) sole power to dispose or to direct the disposition of:
N/A
(iv) shared power to dispose or to direct the disposition of:
88,600
Item 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
N/A
Item 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF
ANOTHER PERSON: N/A
Page 3 of 4 pages
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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 A GROUP:
N/A
Item 10 CERTIFICATION:
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.
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.
Date: Feb. 12, 1997
FERGUSON, ANDREWS INVESTMENT ADVISERS, INC.
/s/ KENNETH L. NEATHERY
Kenneth L. Neathery
President
** Please call Alan Garrison at (540) 886-9346 with
questions regarding this filing.
Page 4 of 4 pages
