SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED
PURSUANT TO RULES 13d-1(b)(c) AND (d) AND
AMENDMENTS THERETO FILED PURSUANT TO
RULE 13D-2(b)
(Amendment No. 1)*
HARRINGTON FINANCIAL GROUP, INC.
(Name of Issuer)
COMMON STOCK, $.125 PAR VALUE PER SHARE
(Title of Class of Securities)
413801 10 1
(CUSIP Number)
March 5, 1998
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
Rule 13d-1(b)
X Rule 13d-1(c)
Rule 13d-1(d)
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Craig J. Cerny
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
[ ]
(b)
[ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 5 SOLE VOTING POWER
SHARES 203,000
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
6 SHARED VOTING POWER
0
7 SOLE DISPOSITIVE POWER
203,000
8 SHARED DISPOSITIVE POWER
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
204,000 (Includes options to purchase 1,000 shares which
are currently exercisable)
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.1%
12 TYPE OF REPORTING PERSON*
IN
Item 1(a) The Issuer is Harrington Financial Group, Inc.
Item 1(b) The address of Issuer's principal executive office
is 722 East Main St., Richmond, Indiana 47375.
Item 2(a) The name of the Reporting Person is Craig J. Cerny.
Item 2(b) The business address of the Reporting Person is
7300 College Boulevard, Suite 430, Overland Park,
KS 66210.
Item 2(c) The Reporting Person is a United States citizen.
Item 2(d) The securities of which this Schedule 13G relate
are the shares of common stock, $.125 par value
per share of Harrington Financial Group, Inc. (the
"Issuer").
Item 2(e) The CUSIP Number is 41380 10 1.
Item 3. This statement is filed pursuant to Rule 13d-1(c)
Item 4. Ownership
(a) Amount beneficially owned:
204,000 (Includes options to purchase 1,000 shares
which are currently exercisable)
(b) Percent of class:
6.07%
(c) Number of shares as to which the Reporting Person
has:
(i) Sole power to vote or to direct the vote
203,000
(ii) Shared power to vote or to direct the vote
0
(iii)Sole power to dispose or direct disposition
203,000
(iv) Shared power to dispose or direct disposition
0
Item 5. N/A
Item 6. N/A
Item 7. N/A
Item 8. N/A
Item 9. 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 not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that
purpose 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.
/S/Craig J. Cerny
Date: April 2, 1998
