<PAGE>
UNITED STATES
SECURlTIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
Information to be Included in Statements Filed
Pursuant to Rule 13d-1 (a) and Amendments thereto
Filed Pursuant to Rule 13d-2(a)
(Amendment No. 17)*
IBS FINANCIAL CORP.
- -------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
44922Q105
-----------------------------------------------------------------------------
(CUSIP Number)
Lawrence B. Seidman, 100 Misty Lane, Parsippany, NJ 07054 (201) 560-1400
- -------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
March 31, 1998
-------------------------------------- ---------------------------------------
(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 Rule 13d-l(e) 13d-1(f) or 13d-1(g), check the following box
/ /
Note: Sschedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. should be filed with the
Commission. See Rule 13d-7(b) for other parties to whom copies are to be sent.
*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).
<PAGE>
CUSIP NO. 44922Q105
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
1 Seidman and Associates, L.L.C. 22-3343079
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC BK
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 149,800
-------------------------------------------------------------
BENFICIALLY 8 SHARED VOTING POWER
-------------------------------------------------------------
OWNED BY
9 SOLE DISPOSITIVE POWER
149,800
PERSON ----------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
--------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 149,800
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.36%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 44922Q105
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
1 Seidman and Associates II, LLC
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC, BK
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New Jersey
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 55,303
-------------------------------------------------------------
SHARES
BENFICIALLY 8 SHARED VOTING POWER
--------------------------------------------------------------
OWNED BY
9 SOLE DISPOSITIVE POWER
55,303
PERSON ----------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 55,303
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .502%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 44922Q105
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
1 Federal Holdings, L.L.C. 13-38338083
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 84,846
-------------------------------------------------------------
SHARES
BENFICIALLY 8 SHARED VOTING POWER
84,846
-------------------------------------------------------------
OWNED BY
9 SOLE DISPOSITIVE POWER
84,846
PERSON ----------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
84,846
-------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 84,846
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .770
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* OO
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 44922Q105
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
1 The Benchmark Company, Inc. 11-2950925
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
OO
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 145,014
-------------------------------------------------------------
SHARES
BENFICIALLY 8 SHARED VOTING POWER
-------------------------------------------------------------
OWNED BY
9 SOLE DISPOSITIVE POWER
145,014
PERSON ----------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 145,014
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.316%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* BD
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 44922Q105
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
1 Benchmark Partners, LP 11-2955345
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
WC
- -------------------------------------------------------------------------------
PURSUANT TO ITEMS 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 99,492
-------------------------------------------------------------
SHARES
BENFICIALLY 8 SHARED VOTING POWER
-------------------------------------------------------------
OWNED BY
9 SOLE DISPOSITIVE POWER
99,492
PERSON ----------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
-------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 99,492
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .903%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 44922Q105
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
1 Richard Whitman, Individually. ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 2,000
-------------------------------------------------------------
SHARES
BENFICIALLY 8 SHARED VOTING POWER
246,506
-------------------------------------------------------------
OWNED BY
9 SOLE DISPOSITIVE POWER
2,000
PERSON ----------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
246,506
-------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 246,506
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.238%
- -------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 44922Q105
NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
1 Lorraine Di Paolo ###-##-####
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /X/
(b) / /
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 SOURCE OF FUNDS
AF
- -------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e) / /
- -------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- -------------------------------------------------------------------------------
7 SOLE VOTING POWER
NUMBER OF 29,477
-------------------------------------------------------------
SHARES
BENFICIALLY 8 SHARED VOTING POWER
273,983
-------------------------------------------------------------
OWNED BY
9 SOLE DISPOSITIVE POWER
29,477
PERSON ----------------------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
273,983
-------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 273,983
- -------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* / /
- -------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.488
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON* IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
The statement on Schedule 13D which was filed on September 8, 1995,
Amendment #1 which was filed on November 6, 1995, Amendment #2 which was filed
on November 16, 1995, Amendment #3 which was filed on December 7, 1995,
Amendment #4 which was filed on February 5, 1996, Amendment #5 which was filed
on March 18, 1996, Amendment #6 which was filed on June 13, 1996, Amendment #7
which was filed on October 11, 1996, Amendment #8 which was filed on November
19, 1996, Amendment #9 which was filed on December 16, 1996, Amendment #10 which
was filed on January 28, 1997 and Amendment #11 which was filed on June 26,
1997, Amendment #12 which was filed on July 2, 1997, Amendment #13 which was
filed on July 29, 1997, Amendment #14 which was filed on August 19, 1997,
Amendment #15 which was filed on September 3, 1997 and Amendment #16 which was
filed on February 24, 1998 on behalf of Seidman, Associates, L.L.C. ("SAL"),
Seidman and Associates II, L.L.C. ("SAL II"), Federal Holdings, L.L.C.,
("Federal"), Seidman Investment Partnership ("SIP"), L.P., Lawrence B. Seidman,
Individually ("Seidman"), The Benchmark Company, Inc. ("TBCI"), Benchmark
Partners LP ("Partners"), Richard Whitman, Individually ("Whitman"), Lorraine
DiPaolo ("DiPaolo"), Individually, Ernest Beier, Jr., Individually ("Beier") and
Dennis Pollack, Individually ("Pollack") (collectively, the "Reporting Persons")
with respect to the Reporting Persons' beneficial ownership of shares of Common
Stock, $.01 par value (the "Shares"), of IBS Financial Corp., a New Jersey
Corporation (the "Issuer"), is hereby amended as set forth below. Such Statement
on Schedule 13D is hereinafter referred to as the "Schedule 13D". Terms used
herein which are defined in the Schedule 13D shall have their respective
meanings set forth in the Schedule 13D.
4. Purpose of Transaction
The Reporting Persons have determined to sell the Shares in an orderly manner
from time-to-time in ordinary brokerage transactions as market conditions
permit, or in private transactions for such prices and upon such terms and
conditions as the Reporting Persons deem appropriate.
5. Interest in Securities of the Issuer
The schedule below describes transactions in the Common Stock effected by the
Reporting Persons from February 27, 1998 to March 31, 1998. Except as set forth
in this Item 5, none of the Reporting Persons owns beneficially or has a right
to acquire beneficial ownership of any Common Stock, and except as set forth in
this Item 5, none of the Reporting Persons has effected transactions in the
Common Stock during the past sixty (60) days.
No. of Total
Trade Date Shares Sold Price Cost/(Proceeds) Entity
- -------------------------------------------------------------------------------
2/27/98 (1,150) 17.875 (20,556.25) TCBI
3/04/98 (1,000) 17.875 (17,875.00) TCBI
3/06/98 (542) 17.938 (9,722.83) WHITMAN
3/06/98 (2,500) 17.938 (44,847.00) SEID
3/06/98 (1,958) 18.019 (35,124.17 PARTNERS
3/09/98 (5,000) 18.00 (90,000) TBCI
3/09/98 (2,500) 18.25 (45,625) SEIDII
3/09/98 (2,500) 18.25 (45,625) TBCI
3/13/98 (150) 17.938 (2,690.63) TCBI
3/13/98 (150) 17.938 (2,690.63) TCBI
3/13/98 (150) 17.938 (2,690.63) TCBI
3/13/98 (250) 17.938 (4,484.38 TCBI
3/13/98 (300) 17.938 (5,381.25) TCBI
3/13/98 (250) 17.938 (4,484.38 TCBI
3/13/98 (632) 17.63 (11,139.00) TCBI
3/13/98 (1,250) 17.938 (22,421.88) SEID
3/17/98 (500) 18.0625 (9,031.25) TCBI
3/17/98 (500) 18.0625 (9,031.25) TCBI
3/17/98 (300) 18.0625 (5,418.75) TCBI
3/17/98 (300) 18.0625 (5,418.75) TCBI
3/17/98 (570) 18.0625 (10,183.84) TCBI
3/17/98 (330) 18.0625 (5,960.63) TCBI
3/17/98 (2,500) 18.0625 (45,156.25) SEID
3/18/98 (5,000) 18.5 (92,500.00) SEID
3/18/98 (5,000) 18.5 (92,500.00) TCBI
3/19/98 (7,500) 18.049 (142,869.00) SEID
3/19/98 (1,000) 19.04 (19,049.20) TCBI
3/19/98 (500) 19.049 (9,524.60) TCBI
3/19/98 (500) 19.049 (9,524.60) TCBI
3/19/98 (500) 19.049 (9,524.60) TCBI
3/19/98 (500) 19.049 (9,524.60) TCBI
3/19/98 (500) 19.049 (9,524.60) TCBI
3/19/98 (500) 19.049 (9,524.60) TCBI
3/19/98 (500) 19.049 (9,524.60) TCBI
3/19/98 (500) 19.049 (9,524.60) TCBI
3/19/98 (1,000) 19.049 (19,049.20) TCBI
3/19/98 (10,000) 19.049 (190,490.00) PARTNERS
3/20/98 (5,000) 20.25 (101,250.00) FED
3/20/98 (2,500) 20.50 (51,250.00) FED
3/20/98 (2,500) 21.25 (53,125.00) FED
3/20/98 (5,000) 20.187 (100,937.50) SEID
3/20/98 (500) 20.187 (10,093.75) TCBI
3/20/98 (500) 20.187 (10,093.75) TCBI
3/20/98 (500) 20.187 (10,093.75) TCBI
3/20/98 (500) 20.187 (10,093.75) TCBI
3/20/98 (500) 20.187 (10,093.75) TCBI
3/20/98 (500) 20.187 (10,093.75) TCBI
3/20/98 (500) 20.187 (10,093.75) TCBI
3/20/98 (500) 20.187 (10,093.75) TCBI
3/20/98 (500) 20.187 (10,093.75) TCBI
3/20/98 (500) 20.187 (10,093.75) TCBI
3/23/98 (1,900) 20.812 (39,518.75) PARTNERS
3/23/98 (2,000) 20.187 (40,375.00) SEID
3/23/98 (500) 20.187 (10,093.75) TCBI
3/23/98 (500) 20.187 (10,093.75) TCBI
3/23/98 (300) 20.187 (6,056.25) TCBI
3/23/98 (300) 20.187 (6,056.25) TCBI
3/25/98 (2,400) 20.00 (48,000.00) SEID
3/25/98 (500) 20.00 (10,000.00) TBCI
3/25/98 (700) 20.00 (14,000.00) TBCI
3/25/98 (300) 20.00 (6,000.00) TBCI
3/25/98 (500) 20.00 (10,000.00) TBCI
3/25/98 (700) 20.00 (14,000.00) TBCI
3/25/98 (500) 20.00 (10,000.00) TCBI
3/25/98 (400) 20.00 (8,000.00) TCBI
3/26/98 (1,000) 20.25 (20,250.00) DIPAOLO
3/26/98 (1,000) 20.25 (20,250.00) WHITMAN
3/26/98 (500) 20.25 (10,125.00) TCBI
3/26/98 (300) 20.25 (6,075.00) TCBI
3/26/98 (500) 20.25 (10,125.00) TCBI
3/26/98 (3,500) 20.25 (70,875.00) SEID
3/26/98 (300) 20.25 (6,075.00) TCBI
3/26/98 (400) 20.25 (8,100.00) TCBI
3/27/98 (3,500) 20.326 (71,143.45) TCBI
3/27/98 (700) 20.326 (14,228.69) TCBI
3/27/98 (400) 20.326 (8,130.68) TCBI
3/27/98 (300) 20.326 (6,098.01) TCBI
3/27/98 (400) 20.326 (8,130.68) TCBI
3/27/98 (200) 20.326 (4,065.34) TCBI
3/27/98 (400) 20.326 (8,130.68) TCBI
3/27/98 (500) 20.326 (10,163.35) TCBI
3/27/98 (300) 20.326 (6,098.01) TCBI
3/27/98 (400) 20.326 (8,130.68) TCBI
3/27/98 (300) 20.326 (6,098.01) TCBI
3/27/98 (200) 20.326 (4,065.34) TCBI
3/27/98 (400) 20.326 (8,008.54) TCBI
3/27/98 (500) 20.326 (10,163.35) TCBI
3/31/98 (650) 19.395 (12,606.95) TCBI
3/31/98 (575) 19.395 (11,152.30) TCBI
3/31/98 (575) 19.395 (11,152.30) TCBI
3/31/98 (300) 19.395 (5,818.59) TCBI
3/31/98 (379) 19.395 (7,350.82) TCBI
3/31/98 (1,000) 19.395 (19,395.30) TCBI
3/31/98 (379) 19.395 (7,350.82) TCBI
3/31/98 (506) 19.395 (9,814.02) TCBI
3/31/98 (650) 19.395 (12,606.95 TCBI
3/31/98 (275) 19.395 (5,333.71) TCBI
3/31/98 (230) 19.395 (4,460.92) TCBI
3/31/98 (230) 19.395 (4,460.92) TCBI
3/31/98 (725) 19.395 (13,911.91) TCBI
3/31/98 (765) 19.395 (14,837.40) TCBI
3/31/98 (650) 19.395 (12,606.95) TCBI
3/31/98 (1,875) 19.395 (36,366.19) TCBI
3/31/98 (575) 19.395 (11,152.30) TCBI
3/31/98 (1,875) 19.395 (36,366.19) TCBI
3/31/98 (575) 19.395 (11,152.30) TCBI
3/31/98 (575) 19.395 (11,152.30) TCBI
3/31/98 (1,300) 19.395 (25,213.89) TCBI
3/31/98 (500) 19.395 (9,814.02) TCBI
3/31/98 (230) 19.395 (4,460.92) TCBI
3/31/98 (400) 19.395 (7,758.12) TCBI
3/31/98 (632) 19.395 (12,257.83) TCBI
3/31/98 (230) 19.395 (4,460.92) TCBI
3/31/98 (300) 19.395 (5,818.59) TCBI
3/31/98 (345) 19.395 (6,691.38) TCBI
3/31/98 (592) 19.395 (11,482.02) TCBI
3/31/98 (500) 19.395 (9,687,65) TCBI
3/31/98 (400) 19.395 (7,758.12) TCBI
3/31/98 (1,207) 19.395 (23,410.13) TCBI
(d) N/A
(e) N/A
<PAGE>
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.
April 1, 1998 ss/Richard Whitman
Date -------------------------
Richard Whitman, President
The Benchmark Company, Inc.
April 1, 1998
Date ss/Dennis Pollack
-------------------------
Dennis Pollack, Individually
