SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
Quarterly Report Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1933
For the Quarter Ended June 30, 1996 Commission File #0-26546
STATEWIDE FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
New Jersey 22 3397900
(State of Incorporation) (I.R.S. Employer Identification
Number)
70 Sip Avenue, Jersey City, New Jersey 07306
(Address of registrant's principal executive offices,
including zip code)
(201) 795-4000
(Registrant's telephone number, including area code)
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
The number of shares outstanding of each of the registrant's classes
of common stock, as of July 31, 1996: Common Stock, No Par Value:
5,222,533 shares outstanding.<PAGE>
NOTE:
The purpose of this amendment is to attach Exhibit 27, Article 9,
Financial Data Schedule for Form 10Q for the quarter June 30, 1996.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
STATEWIDE FINANCIAL CORP.
Date: August 12, 1996 By: Bernard F. Lenihan
BERNARD F. LENIHAN
Senior Vice President and Chief
Financial Officer<PAGE>
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<ARTICLE> 9
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> APR-01-1996
<PERIOD-END> JUN-30-1996
<CASH> 4,667
<INT-BEARING-DEPOSITS> 0
<FED-FUNDS-SOLD> 100
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 381,196
<INVESTMENTS-CARRYING> 0
<INVESTMENTS-MARKET> 0
<LOANS> 268,800
<ALLOWANCE> 3,411
<TOTAL-ASSETS> 678,406
<DEPOSITS> 446,404
<SHORT-TERM> 159,578
<LIABILITIES-OTHER> 5,256
<LONG-TERM> 0
0
0
<COMMON> 0
<OTHER-SE> 67,168
<TOTAL-LIABILITIES-AND-EQUITY> 678,406
<INTEREST-LOAN> 4,837
<INTEREST-INVEST> 6,506
<INTEREST-OTHER> 109
<INTEREST-TOTAL> 11,452
<INTEREST-DEPOSIT> 4,156
<INTEREST-EXPENSE> 6,039
<INTEREST-INCOME-NET> 5,413
<LOAN-LOSSES> 125
<SECURITIES-GAINS> 0
<EXPENSE-OTHER> 3,999
<INCOME-PRETAX> 1,803
<INCOME-PRE-EXTRAORDINARY> 1,803
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,154
<EPS-PRIMARY> .24
<EPS-DILUTED> .24
<YIELD-ACTUAL> 3.37
<LOANS-NON> 6,322
<LOANS-PAST> 755
<LOANS-TROUBLED> 826
<LOANS-PROBLEM> 2,968
<ALLOWANCE-OPEN> 3,331
<CHARGE-OFFS> 48
<RECOVERIES> 3
<ALLOWANCE-CLOSE> 3,411
<ALLOWANCE-DOMESTIC> 3,411
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>