-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CJBw7Pc1InqvbHBrO4Ne7jQcfIDzaEnTWQ033p0fSmkFNADmp+BVLU5jTeERhgla ZRfLn25B9LAvjoXel8pZwA== 0001065407-99-000050.txt : 19990217 0001065407-99-000050.hdr.sgml : 19990217 ACCESSION NUMBER: 0001065407-99-000050 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ISB FINANCIAL CORP/LA CENTRAL INDEX KEY: 0000933141 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 721280718 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-48257 FILM NUMBER: 99542523 BUSINESS ADDRESS: STREET 1: 1101 E ADMIRAL DOYLE DR CITY: NEW IBERIA STATE: LA ZIP: 70560 BUSINESS PHONE: 3183652361 MAIL ADDRESS: STREET 1: 1101 EAST ADMIRAL DOYLE DR CITY: NEW IBERIA STATE: LA ZIP: 70560 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ISB FINANCIAL CORP EMPLOYEE STOCK OWNERSHIP PLAN TRUST CENTRAL INDEX KEY: 0001013910 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1101 E ADMIRAL DOYLE DR CITY: NEW IBERIA STATE: LA ZIP: 70560 BUSINESS PHONE: 3183652361 MAIL ADDRESS: STREET 1: 1101 E ADMIRAL DOYLE DR CITY: NEW IBERIA STATE: LA ZIP: 70560 SC 13G/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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. 2) ISB FINANCIAL CORPORATION - ----------------------------------------------------------------------------- (Name of Issuer) Common Stock, Par Value $1.00 Per Share - ----------------------------------------------------------------------------- (Title of Class of Securities) 450091 10 3 - ----------------------------------------------------------------------------- (CUSIP Number) December 31, 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: [X] Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) Page 1 of 6 Pages - --------------------- ----------------- CUSIP NO. 450091 10 3 Page 2 of 6 Pages - --------------------- ----------------- - ----------------------------------------------------------------------------- 1. NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON ISB Financial Corporation Employee Stock Ownership Plan Trust - ----------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [ ] - ----------------------------------------------------------------------------- 3. SEC USE ONLY - ----------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION Louisiana - ----------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES BENEFICIALLY 326,655 OWNED BY EACH --------------------------------------- REPORTING 6. SHARED VOTING POWER PERSON WITH 246,999 --------------------------------------- 7. SOLE DISPOSITIVE POWER 326,655 --------------------------------------- 8. SHARED DISPOSITIVE POWER 246,999 - ----------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 573,654 - ----------------------------------------------------------------------------- 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - ----------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 8.3% - ----------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON EP - ----------------------------------------------------------------------------- - --------------------- ----------------- CUSIP NO. 450091 10 3 Page 3 of 6 Pages - --------------------- ----------------- Item 1(a) Name of Issuer: ISB Financial Corporation. Item 1(b) Address of Issuer's Principal Executive Offices: 1101 E. Admiral Doyle Drive New Iiberia, Louisiana 70560 Item 2(a) Name of Person Filing: ISB Financial Corporation Employee Stock Ownership Plan Trust. Item 2(b) Address of Principal Business Office or, if None, Residence: ISB Financial Corporation 1101 E. Admiral Doyle Drive New Iberia, Louisiana 70560 Item 2(c) Citizenship: Louisiana Item 2(d) Title of Class of Securities: Common Stock, par value $1.00 per share Item 2(e) CUSIP Number: 450091 10 3. Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is: (f)[X] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); - --------------------- ----------------- CUSIP NO. 450091 10 3 Page 4 of 6 Pages - --------------------- ----------------- Item 4. Ownership. (a) Amount beneficially owned: (b) Percent of class: 8.3 % (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 326,655 --------------- (ii) Shared power to vote or to direct the vote 246,999 ------------- (iii) Sole power to dispose or to direct the disposition of 326,655 ------- (iv) Shared power to dispose or to direct the disposition of 246,999 ------- Item 5. Ownership of Five Percent or Less of a Class. Not applicable. Item 6. Ownership of More than Five Percent on Behalf of Another Person. Cecil C. Broussard, William H. Fenstermaker and E. Stewart Shea, III are the trustees ("Trustees") of the trust (the "Trust") created pursuant to the ISB Financial Corporation Employee Stock Ownership Plan ("ESOP") which holds 326,655 shares of common stock which have not been allocated to the accounts of participating employees to date, will be voted by the Trustees pursuant to the terms of the ESOP and may be deemed to be beneficially owned by the Trust. In addition, a total of 246,999 shares held in the Trust have been allocated to the accounts of participating employees to date, will be voted by the Trustees pursuant to such participating employees' direction and, as a result of such shared voting power, are included in the shares beneficially owned by the Trust. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. - -------------------- ----------------- CUSIP NO. 450091 10 3 Page 5 of 6 Pages - -------------------- ----------------- Item 10. Certification. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of and do not have 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 such purpose or effect. - --------------------- ----------------- CUSIP NO. 450091 10 3 Page 6 of 6 Pages - --------------------- ----------------- 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. ISB FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN TRUST February 16, 1999 By:/s/ Cecil C. Broussard --------------------------------------- Cecil C. Broussard Trustee for the ISB Financial Corporation Employee Stock Ownership Plan Trust February 16, 1999 By:/s/ William H. Fenstermaker ---------------------------------------- William H. Fenstermaker Trustee for the ISB Financial Corporation Employee Stock Ownership Plan Trust February 16, 1999 By:/s/ E. Stewart Shea, III --------------------------------------- E. Stewart Shea, III Trustee for the ISB Financial Corporation Employee Stock Ownership Plan Trust -----END PRIVACY-ENHANCED MESSAGE-----