0000919574-18-001276.txt : 20180214 0000919574-18-001276.hdr.sgml : 20180214 20180213175500 ACCESSION NUMBER: 0000919574-18-001276 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180214 DATE AS OF CHANGE: 20180213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENS FIRST CORP CENTRAL INDEX KEY: 0001073475 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 610912615 STATE OF INCORPORATION: KY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82605 FILM NUMBER: 18605475 BUSINESS ADDRESS: STREET 1: 1065 ASHLEY STREET SUITE 150 CITY: BOWLING GREEN STATE: KY ZIP: 42103 BUSINESS PHONE: 2703930700 MAIL ADDRESS: STREET 1: 1065 ASHLEY STREET SUITE 150 CITY: BOWLING GREEN STATE: KY ZIP: 42103 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PRB Advisors LLC CENTRAL INDEX KEY: 0001353073 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 245 PARK AVENUE STREET 2: 39TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10167 BUSINESS PHONE: 212-792-4115 MAIL ADDRESS: STREET 1: 245 PARK AVENUE STREET 2: 39TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10167 SC 13G/A 1 d7819385_13g-a.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 8)*

 

 

Citizens First Corporation
(Name of Issuer)

 

 

Common Stock, no par value
(Title of Class of Securities)

 

 

17462Q107
(CUSIP Number)

 

 

December 31, 2017
(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)

 

__________

*The remainder of this 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).

 
 

 

CUSIP No. 17462Q107    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  PRB Investors, L.P.  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [X]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  179,209  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  179,209  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  179,209  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  
    [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  7.1%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  PN  
 
 

 

CUSIP No. 17462Q107    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  PRB Advisors, L.L.C.  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [X]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  Delaware  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  179,209  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  179,209  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  179,209  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  
    [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  7.1%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  OO  

 

 
 

 

CUSIP No. 17462Q107    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Stephen J. Paluszek  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [X]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  U.S.A.  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  11,866  
     
6. SHARED VOTING POWER  
     
  179,209  
     
7. SOLE DISPOSITIVE POWER  
     
  11,866  
     
8. SHARED DISPOSITIVE POWER  
     
  179,209  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  191,075  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  
    [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  7.6%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  IN  

 

 
 

 

CUSIP No. 17462Q107    

 

1. NAME OF REPORTING PERSONS  
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  
     
  Andrew P. Bergman  
     
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
    (a)  [_]
    (b)  [X]
     
3. SEC USE ONLY  
     
     
     
4. CITIZENSHIP OR PLACE OF ORGANIZATION  
     
  U.S.A.  
     
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
     
5. SOLE VOTING POWER  
     
  0  
     
6. SHARED VOTING POWER  
     
  179,209  
     
7. SOLE DISPOSITIVE POWER  
     
  0  
     
8. SHARED DISPOSITIVE POWER  
     
  179,209  
     
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
  179,209  
     
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  
    [_]
     
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)  
     
  7.1%  
     
12. TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)  
     
  IN  

 

 
 

 

CUSIP No. 17462Q107    

 

Item 1. (a). Name of Issuer:  
       
    Citizens First Corporation  

 

  (b). Address of issuer's principal executive offices:  
       
    1065 Ashley Street  
    Bowling Green, Kentucky 42103  

 

Item 2. (a). Name of person filing:  
       
    PRB Investors, L.P.  
    PRB Advisors, L.L.C.  
    Stephen J. Paluszek  
    Andrew P. Bergman  

 

  (b). Address or principal business office or, if none, residence:  
       
    245 Park Avenue, 39th Floor  
    New York, New York 10167  

 

  (c). Citizenship:  
       
    PRB Investors, L.P. - Delaware  
    PRB Advisors, L.L.C. - Delaware  
    Stephen J. Paluszek – U.S.A.  
    Andrew P. Bergman – U.S.A.  

 

  (d). Title of class of securities:  
       
    Common Stock, no par value  

 

  (e). CUSIP No.:  
       
    17462Q107  

 

 
 

 

Item 3. If This Statement is filed pursuant to §§.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a

 

  (a) [_] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

 

  (b) [_] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 

  (c) [_] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

 

  (d) [_] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

 

  (e) [_] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

 

  (f) [_] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

 

  (g) [_] A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);

 

  (h) [_] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);

 

  (i) [_] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

 

  (j)   [_] A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);

 

  (k)   [_] Group, in accordance with §240.13d-1(b)(1)(ii)(K).  If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:

 

Item 4. Ownership.

 

  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

  (a)   Amount beneficially owned:
     
    PRB Investors, L.P.:  179,209 shares
    PRB Advisors, L.L.C.:  179,209 shares
    Stephen J. Paluszek:  191,075 shares
    Andrew P. Bergman:  179,209 shares

 

  (b)   Percent of class:
     
    PRB Investors, L.P.:  7.1%
    PRB Advisors, L.L.C.:  7.1%
    Stephen J. Paluszek:  7.6%
    Andrew P. Bergman:  7.1%

 

 
 

 

  (c)   Number of shares as to which the person has:
     

 

    (i) Sole power to vote or to direct the vote

PRB Investors, L.P.: 0

PRB Advisors, L.L.C.: 0

Stephen J. Paluszek: 11,866

Andrew P. Bergman: 0

 
         
    (ii)   Shared power to vote or to direct the vote

PRB Investors, L.P.: 179,209

PRB Advisors, L.L.C.: 179,209

Stephen J. Paluszek: 179,209

Andrew P. Bergman: 179,209

 
         
    (iii) Sole power to dispose or to direct the disposition of

PRB Investors, L.P.: 0

PRB Advisors, L.L.C.: 0

Stephen J. Paluszek: 11,866

Andrew P. Bergman: 0

 
         
    (iv)   Shared power to dispose or to direct the disposition of

PRB Investors, L.P.: 179,209

PRB Advisors, L.L.C.: 179,209

Stephen J. Paluszek: 179,209

Andrew P. Bergman: 179,209

 
         

 

  Instruction:  For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
   
Item 5. Ownership of Five Percent or Less of a Class.
   
  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 [_].
   
  N/A
   
  Instruction:  Dissolution of a group requires a response to this item.
   
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
   
  If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified.  A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
   
  All securities reported in this Schedule 13G are owned by advisory clients of PRB Advisors, L.L.C.  With the exception of PRB Investors, L.P., none of the advisory clients individually own more than 5% of the outstanding shares of the common stock of Citizens First Corporation.
   
 
 

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
   
  If a parent holding company or control person has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary.  If a parent holding company or control person has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
   
  N/A
   
Item 8. Identification and Classification of Members of the Group.
   
  If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group.  If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group.
   
  N/A
   
Item 9. Notice of Dissolution of Group.
   
  Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity.  See Item 5.
   
  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.

 

  February 13, 2018
  (Date)
   
  PRB Investors, L.P.
  By: PRB Advisors, L.L.C., its general partner
   
  By: /s/ Stephen J. Paluszek
  Name:  Stephen J. Paluszek
  Title:  Principal
   
  PRB Advisors, L.L.C.*
   
  By: /s/ Stephen J. Paluszek
  Name:  Stephen J. Paluszek
  Title:  Principal
   
  /s/ Stephen J. Paluszek*
  Stephen J. Paluszek
   
  /s/ Andrew P. Bergman*
  Andrew P. Bergman

 

 

*These Reporting Persons disclaim beneficial ownership in the shares reported herein except to the extent of their pecuniary interest therein.

 

The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature.

Note. Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See s.240.13d-7 for other parties for whom copies are to be sent.

Attention. Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

 

 
 

Exhibit A

 

 

AGREEMENT

 

The undersigned agree that this Schedule 13G amendment dated February 13, 2018 relating to the Common Stock, no par value, of Citizens First Corporation shall be filed on behalf of the undersigned.

 

   
  PRB Investors, L.P.
  By: PRB Advisors, L.L.C., its general partner
   
  By: /s/ Stephen J. Paluszek
  Name:  Stephen J. Paluszek
  Title:  Principal
   
  PRB Advisors, L.L.C.
   
  By: /s/ Stephen J. Paluszek
  Name:  Stephen J. Paluszek
  Title:  Principal
   
  /s/ Stephen J. Paluszek
  Stephen J. Paluszek
   
  /s/ Andrew P. Bergman
  Andrew P. Bergman

 

 

 

 

 

SK 02417 0001 7819385