SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________
*** CORRECTED ***
FORM 10-Q
X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period Ended March 31, 1996
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Commission File Number: 0-25446
LCS BANCORP, INC.
(Exact name of registrant as specified in its charter)
Delaware 37-1337116
(State or other jurisdiction of incorporation (I.R.S. Employer I.D.)
or organization)
501 North State, Litchfield, Illinois 62056
(Address of principal executive office) (Zip Code)
Registrant's telephone number, including area code (217) 324-2576
Securities registered pursuant to Section 12(b) of the Act: None
Securities registered pursuant to Section 12(g) of the Act:
Common Stock, par value $0.01 per share
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. YES x NO
As of May 13, 1996, the Company had 107,640 shares of $0.01 par value
common stock issued and outstanding.
PART I - FINANCIAL INFORMATION
Item 1 - Financial Statements Page No.
Consolidated Statement of Financial Condition
as of March 31, 1996 and December 31, 1995 ..................... 3
Consolidated Statement of Income for the Three Months Ended
March 31, 1996 and March 31, 1995 ............................... 4
Consolidated Statement of Stockholders' Equity for the
Three Months Ended March 31, 1996 and March 31, 1995 ............ 5
Consolidated Statement of Cash Flows for the Three Months Ended
March 31, 1996 and March 31, 1995 ............................... 6
Notes to Consolidated Financial Statements ..................... 7
Item 2 - Management's Discussion and Analysis of
Financial Condition and Results of Operations ................ 11
PART II - OTHER INFORMATION
Item 1 - Legal Proceedings ........................................ 16
Item 2 - Changes in Securities .................................... 16
Item 3 - Default upon Senior Securities ........................... 16
Item 4 - Submission of Matters to a Vote of Security-Holders ...... 16
Item 5 - Other Information ........................................ 16
Item 6 - Exhibits and Reports on Form 8-K ........................ 16
Signature Page ................................................... 17
PART II - OTHER INFORMATION
Item 1. Legal Proceedings
The Holding Company and Association are not engaged in any legal
proceedings of a material nature at the present time.
Item 2. Changes in Securities
Not applicable.
Item 3. Default upon Senior Securities
Not applicable.
Item 4. Submission of Matters to a Vote of Security-Holders
None.
Item 5. Other Information
None.
Item 6. Exhibits and Reports on Form 8-K
Exhibit 27 - Financial Data Schedule.
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SIGNATURES
Pursuant to the requirement of the Securities and Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
LCS BANCORP, INC.
s/Carol Radtke
Carol Radtke
President and Chief Executive
Officer
________________________________
Carol Radtke
Chief Financial Officer
Date: August 26, 1996-Corrected 10-Q/A - 03/31/96
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