SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
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)*
GFSB Bancorp, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
361692 10 6
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(CUSIP Number)
May 25, 1999
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(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)
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* The remainder of the 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).
(Continued on following pages)
Page 1 of 4 pages
<PAGE>
Page 2 of 4 Pages
CUSIP No. 361692 10 6 Schedule 13G
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1. Name of Reporting Person
S.S. or I.R.S. Identification Number of above person:
Vernon I. Hamilton
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2. Check the appropriate box if a member of a group*
(a) |_| (b) |X|
3. SEC Use Only
4. Citizenship or Place of Organization: USA
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Number of Shares Beneficially Owned by Each Reporting Person with:
5. Sole Voting Power: 35,122
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6. Shared Voting Power: 5,011
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7. Sole Dispositive Power: 35,122
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8. Shared Dispositive Power: 5,011
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9. Aggregate Amount Beneficially Owned by Each Reporting Person:
40,133
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10. Check Box If The Aggregate Amount in Row (9) Excludes Certain
Shares* |X|
11. Percent of Class Represented by Amount in Row 9: 4.1%
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12. Type of Reporting Person*: IN
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* SEE INSTRUCTION
<PAGE>
Page 3 of 4 Pages
Item 1(a) Name of Issuer: GFSB Bancorp, Inc.
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Item 1(b) Address of Issuer's Principal Executive Offices:
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221 West Aztec
Gallup, New Mexico 87301
Item 2(a) Name of Person Filing:
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Vernon I. Hamilton
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Item 2(b) Address of Principal Business Office: Same as Item 1(b)
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Item 2(c) Citizenship: USA
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Item 2(d) Title of Class of Securities: Common Stock
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Item 2(e) CUSIP Number: 361692 10 6
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Item 3 Not Applicable
Item 4(a) Amount Beneficially Owned: 40,133
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Item 4(b) Percent of Class: 4.1%
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Item 4(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 35,122
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(ii) shared power to vote or to direct the
vote 5,011
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(iii) sole power to dispose or to direct the
disposition of 35,122
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(iv) shared power to dispose or to direct the
disposition of 5,011
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Item 5 Ownership of Five Percent or Less of Class:
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If this statement is being filed to report the fact that as of
the date hereof the Reporting Person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following
|X|
<PAGE>
Page 4 of 4 Pages
Item 6 Ownership of More than Five Percent on Behalf of Another
Person:
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Not Applicable
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent
Holding Company.
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Not Applicable
Item 8 Identification and Classification of Members of the Group.
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Not Applicable
Item 9 Notice of Dissolution of Group.
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Not Applicable
Item 10 Certification.
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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 such
securities and were not acquired and are not held in
connection with or as a participant in any transaction having
that purpose or effect.
<PAGE>
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/Vernon I. Hamilton 9/17/99
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Vernon I. Hamilton Date
