10-K405/A

 1
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 AMENDMENT NO. 1
                                       TO
                                   FORM 10-K


[X]   ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
      AND EXCHANGE ACT OF 1934 [Fee Required]
      For the fiscal year ended December 31, 1996


[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITIES AND EXCHANGE ACT OF 1934 [No Fee Required]
     For the transition period from      to

     Commission file number 333-14737

                            ENTERBANK HOLDINGS, INC.
             (Exact Name of Registrant as Specified in its Charter)


                DELAWARE                                43-1706259
    (State or other jurisdiction of      (I.R.S. Employer Identification Number)
    incorporation or organization)

     150 NORTH MERAMEC, CLAYTON, MO                       63105
(Address of principal executive offices)               (Zip Code)

        Registrant's telephone number, including area code: 314-725-5500
                              --------------------

          SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
                                      NONE

          SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT:
                                      NONE


Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 of the Securities Exchange Act of 1934
during the preceding 12 months, and (2) has been subject to such filing
requirements for the past 90 days.
Yes  [X]      No       (This is the first filing for the Company required
   -------       -----
by the Securities and Exchange Act of 1934)

Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained to
the best of Registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K [X]

State the aggregate market value of the voting stock held by non-affiliates
of the Registrant as of March 15, 1997:
                   Common Stock, par value $.01, $26,832,360

Indicate the number of shares outstanding of each of the registrant's classes
of common stock as of March 15, 1997:
           Common Stock, par value $.01, 2,113,972 shares outstanding


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 2

                                SIGNATURES

Pursuant to the requirements of Section 13 of the Securities Act of 1934,
the undersigned Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of Clayton,
State of Missouri, on the 9th day of May, 1997.

                                       ENTERBANK HOLDINGS, INC.


                                       By:    /s/ Fred H. Eller
                                          ---------------------------
                                          Fred H. Eller
                                          Chief Executive Officer


                                       By:    /s/ James C. Wagner
                                          ---------------------------
                                          James C. Wagner
                                          Chief Financial Officer


 3


                       EXHIBIT INDEX


Exhibit
Number
- -------
             
*11              Statement re: computation of per share earnings

*13              1996 Annual report

 27              Financial data schedule

*99              Proxy Materials for 1997 annual meeting


Previously filed.

EX-27

 

<ARTICLE>           9
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                       9,261,035
<INT-BEARING-DEPOSITS>                               0
<FED-FUNDS-SOLD>                            23,250,000
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                 14,005,797
<INVESTMENTS-CARRYING>                       1,240,183
<INVESTMENTS-MARKET>                         1,239,498
<LOANS>                                    134,133,092
<ALLOWANCE>                                  1,765,000
<TOTAL-ASSETS>                             184,584,113
<DEPOSITS>                                 168,961,089
<SHORT-TERM>                                   300,000
<LIABILITIES-OTHER>                            565,131
<LONG-TERM>                                          0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                        16,624
<OTHER-SE>                                  14,741,269
<TOTAL-LIABILITIES-AND-EQUITY>             184,584,113
<INTEREST-LOAN>                             11,426,260
<INTEREST-INVEST>                              731,656
<INTEREST-OTHER>                               396,244
<INTEREST-TOTAL>                            12,554,160
<INTEREST-DEPOSIT>                           5,552,611
<INTEREST-EXPENSE>                           5,568,912
<INTEREST-INCOME-NET>                        6,985,248
<LOAN-LOSSES>                                  345,410
<SECURITIES-GAINS>                                   0
<EXPENSE-OTHER>                              5,146,334
<INCOME-PRETAX>                              2,733,296
<INCOME-PRE-EXTRAORDINARY>                   2,733,296
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,701,952
<EPS-PRIMARY>                                      .98
<EPS-DILUTED>                                      .98
<YIELD-ACTUAL>                                    8.90
<LOANS-NON>                                    130,704
<LOANS-PAST>                                    30,000
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                636,000
<ALLOWANCE-OPEN>                             1,400,000
<CHARGE-OFFS>                                        0
<RECOVERIES>                                    19,590
<ALLOWANCE-CLOSE>                            1,765,000
<ALLOWANCE-DOMESTIC>                         1,526,000
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                        239,000