-----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, CaCZGXXE9EgZCVeBC1N0EvRR+xnU9JQ1t+l6K9PFj8jrWcZp1Re4Yhj/fFRzmDpo deuH1MCWCTcOWlv+A03GMw== 0000950168-97-000383.txt : 19970222 0000950168-97-000383.hdr.sgml : 19970222 ACCESSION NUMBER: 0000950168-97-000383 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970219 SROS: NONE GROUP MEMBERS: ELLA ANN L. HOLDING GROUP MEMBERS: FIRST CITIZENS BANCSHARES INC /DE/ GROUP MEMBERS: FIRST CITIZENS BANCSHARES, INC. GROUP MEMBERS: FRANK B. HOLDING GROUP MEMBERS: FRANK B. HOLDING, JR. GROUP MEMBERS: HOPE HOLDING CONNELL GROUP MEMBERS: LEWIS R. HOLDING GROUP MEMBERS: PETER M. BRISTOW SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST SAVINGS FINANCIAL CORP CENTRAL INDEX KEY: 0000946347 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 560223244 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50347 FILM NUMBER: 97538294 BUSINESS ADDRESS: STREET 1: 501 SOUTH MAIN ST STREET 2: PO BOX 1885 CITY: REIDVILLE STATE: NC ZIP: 27323 BUSINESS PHONE: 9103424251 MAIL ADDRESS: STREET 1: POST OFFICE BOX 1885 CITY: REIDSVILLE STATE: NC ZIP: 27323 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST CITIZENS BANCSHARES INC /DE/ CENTRAL INDEX KEY: 0000798941 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 561528994 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 239 FAYETTEVILLE STREET MALL CITY: RALEIGH STATE: NC ZIP: 27601 BUSINESS PHONE: 9197557000 MAIL ADDRESS: STREET 1: PO BOX 27131 STREET 2: CTWO7 CITY: RALEIGH STATE: NC ZIP: 27611-7131 SC 13D/A 1 SCHEDULE 13D/A ------------------------------- UNITED STATES OMB APPROVAL SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ------------------------------- OMB Number: 3235-0145 Expires: October 31, 1997 Estimated average burden hours per response.......14.90 ------------------------------- SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1 )* First Savings Financial Corp. ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, No Par Value ------------------------------------------------------------------------------- (Title of Class of Securities) 33620B106000 ---------------------------------------------------------------------- (CUSIP Number) David L. Ward, Jr. William R. Lathan, Jr. Ward and Smith, P.A. 1001 College Court New Bern, North Carolina 28562 (919) 633-1000 ------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) February 18, 1997 ---------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with the statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) NOTE: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. *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 disclosures provided in a prior cover page. The information required on 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). WSMAIN\199560 SCHEDULE 13D - ---------------------------- ---------------------------- CUSIP NO. 33620B106000 PAGE 2 OF 18 PAGES - ---------------------------- ---------------------------- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON First Citizens BancShares, Inc. 56-1528994 - ------------------------------------------------------------------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* WC - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, United States - -------------------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY 47,300 OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------- 8 SHARED VOTING POWER 68,200** --------------------------------------------------- 9 SOLE DISPOSITIVE POWER 47,300 --------------------------------------------------- 10 SHARED DISPOSITIVE POWER 68,200** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 68,200** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.91% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- ** CONSISTS OF THE TOTAL OF THE NUMBERS OF SHARES OF COMMON STOCK OF FIRST SAVINGS FINANCIAL CORP. OWNED OF RECORD BY ALL REPORTING PERSONS IN THE AMOUNTS LISTED IN ITEM 5 OF THE STATEMENT. BENEFICIAL OWNERSHIP OF SUCH SHARES IS ATTRIBUTED TO ALL MEMBERS OF THE REPORTING GROUP PURSUANT TO RULE 13-d-5(b)(1) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE "EXCHANGE ACT"). SCHEDULE 13D - ------------------------------ ------------------------------- CUSIP NO. 33620B106000 PAGE 3 OF 18 PAGES - ------------------------------ ------------------------------- - ------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Lewis R. Holding ###-##-#### - ------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[X] (b)[ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - ------------------------------------ ------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY 10,000 OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------- 8 SHARED VOTING POWER 68,200** --------------------------------------------------- 9 SOLE DISPOSITIVE POWER 10,000 --------------------------------------------------- 10 SHARED DISPOSITIVE POWER 68,200** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 68,200** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.91% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ** CONSISTS OF THE TOTAL OF THE NUMBERS OF SHARES OF COMMON STOCK OF FIRST SAVINGS FINANCIAL CORP. OWNED OF RECORD BY ALL REPORTING PERSONS IN THE AMOUNTS LISTED IN ITEM 5 OF THE STATEMENT. BENEFICIAL OWNERSHIP OF SUCH SHARES IS ATTRIBUTED TO ALL MEMBERS OF THE REPORTING GROUP PURSUANT TO RULE 13-d-5(b)(1) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE "EXCHANGE ACT"). SCHEDULE 13D - ------------------------------- ---------------------------------- CUSIP NO. 33620B106000 PAGE 4 OF 18 PAGES - ------------------------------- ---------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Frank B. Holding ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY -0- OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------- 8 SHARED VOTING POWER 68,200** --------------------------------------------------- 9 SOLE DISPOSITIVE POWER -0- --------------------------------------------------- 10 SHARED DISPOSITIVE POWER 68,200** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 68,200** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.91% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ** CONSISTS OF THE TOTAL OF THE NUMBERS OF SHARES OF COMMON STOCK OF FIRST SAVINGS FINANCIAL CORP. OWNED OF RECORD BY ALL REPORTING PERSONS IN THE AMOUNTS LISTED IN ITEM 5 OF THE STATEMENT. BENEFICIAL OWNERSHIP OF SUCH SHARES IS ATTRIBUTED TO ALL MEMBERS OF THE REPORTING GROUP PURSUANT TO RULE 13-d-5(b)(1) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE "EXCHANGE ACT"). SCHEDULE 13D - ------------------------------ ------------------------------- CUSIP NO. 33620B106000 PAGE 5 OF 18 PAGES - ------------------------------ ------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Ella Ann L. Holding ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY 1,000 OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------- 8 SHARED VOTING POWER 68,200** --------------------------------------------------- 9 SOLE DISPOSITIVE POWER 1,000 --------------------------------------------------- 10 SHARED DISPOSITIVE POWER 68,200** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 68,200** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.91% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ** CONSISTS OF THE TOTAL OF THE NUMBERS OF SHARES OF COMMON STOCK OF FIRST SAVINGS FINANCIAL CORP. OWNED OF RECORD BY ALL REPORTING PERSONS IN THE AMOUNTS LISTED IN ITEM 5 OF THE STATEMENT. BENEFICIAL OWNERSHIP OF SUCH SHARES IS ATTRIBUTED TO ALL MEMBERS OF THE REPORTING GROUP PURSUANT TO RULE 13-d-5(b)(1) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE "EXCHANGE ACT"). SCHEDULE 13D - ------------------------------- ------------------------------- CUSIP NO. 33620B106000 PAGE 6 OF 18 PAGES - ------------------------------- ------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Frank B. Holding, Jr. ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY 5,100 OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------- 8 SHARED VOTING POWER 68,200** --------------------------------------------------- 9 SOLE DISPOSITIVE POWER 5,100 --------------------------------------------------- 10 SHARED DISPOSITIVE POWER 68,200** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 68,200** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.91% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ** CONSISTS OF THE TOTAL OF THE NUMBERS OF SHARES OF COMMON STOCK OF FIRST SAVINGS FINANCIAL CORP. OWNED OF RECORD BY ALL REPORTING PERSONS IN THE AMOUNTS LISTED IN ITEM 5 OF THE STATEMENT. BENEFICIAL OWNERSHIP OF SUCH SHARES IS ATTRIBUTED TO ALL MEMBERS OF THE REPORTING GROUP PURSUANT TO RULE 13-d-5(b)(1) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE "EXCHANGE ACT"). SCHEDULE 13D - ---------------------------- -------------------------------- CUSIP NO. 33620B106000 PAGE 7 OF 18 PAGES - ---------------------------- -------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Hope Holding Connell ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY 3,200 OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------- 8 SHARED VOTING POWER 68,200** --------------------------------------------------- 9 SOLE DISPOSITIVE POWER 3,200 --------------------------------------------------- 10 SHARED DISPOSITIVE POWER 68,200** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 68,200** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.91% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ** CONSISTS OF THE TOTAL OF THE NUMBERS OF SHARES OF COMMON STOCK OF FIRST SAVINGS FINANCIAL CORP. OWNED OF RECORD BY ALL REPORTING PERSONS IN THE AMOUNTS LISTED IN ITEM 5 OF THE STATEMENT. BENEFICIAL OWNERSHIP OF SUCH SHARES IS ATTRIBUTED TO ALL MEMBERS OF THE REPORTING GROUP PURSUANT TO RULE 13-d-5(b)(1) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE "EXCHANGE ACT"). SCHEDULE 13D - ------------------------------ ------------------------------- CUSIP NO. 33620B106000 PAGE 8 OF 18 PAGES - ------------------------------ ------------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Peter M. Bristow ###-##-#### - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS* PF - -------------------------------------------------------------------------------- 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [ ] - -------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States - -------------------------------------------------------------------------------- 7 NUMBER OF SOLE VOTING POWER SHARES BENEFICIALLY 1,600 OWNED BY EACH REPORTING PERSON WITH --------------------------------------------------- 8 SHARED VOTING POWER 68,200** --------------------------------------------------- 9 SOLE DISPOSITIVE POWER 1,600 --------------------------------------------------- 10 SHARED DISPOSITIVE POWER 68,200** - -------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 68,200** - -------------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 6.91% - -------------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- ** CONSISTS OF THE TOTAL OF THE NUMBERS OF SHARES OF COMMON STOCK OF FIRST SAVINGS FINANCIAL CORP. OWNED OF RECORD BY ALL REPORTING PERSONS IN THE AMOUNTS LISTED IN ITEM 5 OF THE STATEMENT. BENEFICIAL OWNERSHIP OF SUCH SHARES IS ATTRIBUTED TO ALL MEMBERS OF THE REPORTING GROUP PURSUANT TO RULE 13-d-5(b)(1) UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED (THE "EXCHANGE ACT"). This Amendment No. 1 to Schedule 13D amends and supplements the Schedule 13D filed by First Citizens BancShares, Inc., Lewis R. Holding, Frank B. Holding and others, with the Securities and Exchange Commission (the "Commission") on February 1, 1996 (as amended, the "Statement") by furnishing the information set forth below. This Schedule 13D constitutes the filing as a group of First Citizens BancShares, Inc., Lewis R. Holding, Frank B. Holding, and certain members of Frank B. Holding's family (collectively, the "Group"). The Group is filing this Statement because they may be deemed to be a "Group" within the meaning of Section 13(d)(3) of the Exchange Act. ITEM 1. SECURITY AND ISSUER. This Statement relates to the Common Stock, no par value per share (the "Common Stock") of First Savings Financial Corp. (the "Issuer"), whose executive offices are located at 501 South Main Street, Reidsville, North Carolina 27323-1885. ITEM 2. IDENTITY AND BACKGROUND. (a)-(c) This Statement is filed by the persons and corporations listed below: (1) First Citizens BancShares, Inc. ("BancShares"), whose principal business address is 3128 Smoketree Court, Raleigh, North Carolina 27604. Set forth below are the names and residence or business address, positions with BancShares, present principal occupation or employment, and the name and principal address of any corporation or other organization in which such employment is conducted, of the directors and executive officers of BancShares:
POSITION WITH PRINCIPAL OCCUPATION NAME BANCSHARES AND ADDRESS John M. Alexander, Jr. Director President and Chief Operating Officer Cardinal International Trucks, Inc. (truck dealer) Post Office Box 26837 Raleigh, North Carolina 27611 Ted L. Bissett Director President, F.D. Bissett & Son, Inc. (farm supplies) Post Office Box 279 Spring Hope, North Carolina 27882 Kenneth A. Black Vice President, Group Vice President, Treasurer Treasurer and and Chief Financial Officer Chief Financial First-Citizens Bank & Trust Company Officer Post Office Box 27131 Raleigh, North Carolina 27611-7131 9 POSITION WITH PRINCIPAL OCCUPATION NAME BANCSHARES AND ADDRESS B. Irvin Boyle Director Attorney (of Counsel) Johnston, Taylor, Allison & Hord Post Office Box 36469 Charlotte, North Carolina 28236 George H. Broadrick Director, Consultant and Executive Committee Chairman Chairman (retired President) of Executive First-Citizens Bank & Trust Company Committee and Post Office Box 31727 Consultant Charlotte, North Carolina 28231-1727 William J. Cathcart Group Vice Group Vice President/Trust Department President of First-Citizens Bank & Trust Company Subsidiary Post Office Box 27131 Raleigh, North Carolina 27611-7131 Joseph A. Cooper, Jr. Group Vice Group Vice President and President Chief Information Officer and Chief First-Citizens Bank & Trust Company Information Post Office Box 29549 Officer of Raleigh, North Carolina 27626-0549 Subsidiary H. Max Craig, Jr. Director President and Chairman Gaston County Dyeing Machine Company (textile machinery manufacturing) Post Office Box 308 Stanley, North Carolina 28164 Wayne D. Duncan Executive Vice Executive Vice President President of First-Citizens Bank & Trust Company Subsidiary Post Office Box 29549 Raleigh, North Carolina 27626-0549 Betty M. Farnsworth Director Homemaker Post Office Box 206 Pilot Mountain, North Carolina 27041 Lewis M. Fetterman Director President and Owner LMF Marketing & Consulting Co.; Assistant to President, Heartland Enterprises, Inc. (agribusiness) Post Office Box 306 Clinton, North Carolina 28328 John R. Francis, Jr. Vice President; Executive Vice President Executive Vice First-Citizens Bank & Trust Company President of 3959 Electric Road, S.W. Subsidiary Suite 305 Roanoke, Virginia 24018 Carmen P. Holding Director Director, First-Citizens Bank & Trust Company; former Office Manager, Interweb, Inc. (internet web design) 18 Peachtree Circle, N.E. Atlanta, Georgia 30309 Frank B. Holding Executive Vice Executive Vice Chairman Chairman of First-Citizens Bank & Trust Company the Board Post Office Box 1377 Smithfield, North Carolina 27577 Frank B. Holding, Jr. President and President and Chief Director Administrative Officer First-Citizens Bank & Trust Company 3128 Smoketree Court Raleigh, North Carolina 27604 10 POSITION WITH PRINCIPAL OCCUPATION NAME BANCSHARES AND ADDRESS Lewis R. Holding Chairman of Chairman of the Board the Board First-Citizens Bank & Trust Company 3128 Smoketree Court Raleigh, North Carolina 27604 Charles B. C. Holt Director Secretary and Treasurer Holt Oil Company, Inc. (wholesale petroleum products distributor) Post Office Box 53157 Fayetteville, North Carolina 28305 Edwin A. Hubbard Director Retired businessman; former Chairman and Co-Owner, Stroud-Hubbard Company, Inc. (retail shoe company) 1805 Cool Springs Road Sanford, North Carolina 27330 James B. Hyler, Jr. Vice Chairman Vice Chairman and Chief of the Board Operating Officer First-Citizens Bank & Trust Company 3128 Smoketree Court Raleigh, North Carolina 27604 Gale D. Johnson, M.D. Director Retired Surgeon; Director, Health Affairs Campbell University 910 West Pope Street Dunn, North Carolina 28334 Freeman R. Jones Director and President, EFC Corporation Chairman of (real estate investment) Salary 730 Morrison Road Committee Midland, North Carolina 28107 Lucius S. Jones Director President and Owner, United Realty & Construction Company, Inc. (residential construction, sales and development) Post Office Box 128 Wendell, North Carolina 27591 I. B. Julian Director Retired bank executive Post Office Box 789 Fayetteville, North Carolina 28302 Richard H. Lane Senior Vice Senior Vice President and President and General Auditor General Auditor First-Citizens Bank & Trust Company of Subsidiary Post Office Box 27131 Raleigh, North Carolina 27611-7131 Alex G. MacFadyen, Jr. Secretary Group Vice President and Secretary First-Citizens Bank & Trust Company Post Office Box 27131 Raleigh, North Carolina 27611-7131 11 POSITION WITH PRINCIPAL OCCUPATION NAME BANCSHARES AND ADDRESS William McKay Director Retired savings bank executive 4917 Howard Gap Road Flat Rock, North Carolina 28731 Joseph T. Maloney, Jr. Director Private investor; retired businessman Post Office Box 2504 Fayetteville, North Carolina 28302 J. Claude Mayo, Jr. Director Retired Owner, Mayo Insurance Agency Post Office Box 1238 Rocky Mount, North Carolina 27802 Brent D. Nash Director; Senior Vice President Senior Vice First-Citizens Bank & Trust Company President of Post Office Box G Subsidiary Tarboro, North Carolina 27886 Lewis T. Nunnelee, II Director Chairman of the Board Coastal Beverage Company, Inc. (wholesale beer distributor) 1919 South Live Oak Parkway Wilmington, North Carolina 28403 William C. Orr Executive Vice Executive Vice President President of First-Citizens Bank & Trust Company Subsidiary Post Office Box 29549 Raleigh, North Carolina 27626-0549 James M. Parker Executive Vice Executive Vice President President of First-Citizens Bank & Trust Company Subsidiary Post Office Box 29549 Raleigh, North Carolina 27626-0549 Talbert O. Shaw, Ph.D. Director President, Shaw University (educator) 118 E. South Street Raleigh, North Carolina 27601 R. C. Soles, Jr. Director Attorney and Partner Soles, Phipps, Ray, Prince & Williford Post Office Box 6 Tabor City, North Carolina 28463 David L. Ward, Jr. Director and Senior Attorney and President Chairman of Ward and Smith, P.A. Audit Committee 1001 College Court New Bern, North Carolina 28563 Edward L. Willingham, IV Executive Vice Executive Vice President President of First-Citizens Bank & Trust Company Subsidiary Post Office Box 29549 Raleigh, North Carolina 27626-0549 J. Allen Woodward Executive Vice Executive Vice President President of First-Citizens Bank & Trust Company Subsidiary Post Office Box 31727 Charlotte, North Carolina 28231-1727
12 (2) Lewis R. Holding. Lewis R. Holding's business or residence address, present principal occupation or employment, and the name and principal address of any corporation or other organization in which such employment is conducted, are as follows:
POSITION WITH PRINCIPAL OCCUPATION NAME BANCSHARES AND ADDRESS Lewis R. Holding Chairman of the Chairman of the Board Board First-Citizens Bank & Trust Company 3128 Smoketree Court Raleigh, North Carolina 27604
(3) Frank B. Holding and his family members named below. The business or residence address, present principal occupation or employment, and the name and principal address of any corporation or other organization in which such employment is conducted for Frank B. Holding, and for each named member of his family, are as follows:
POSITION WITH PRINCIPAL OCCUPATION NAME BANCSHARES AND ADDRESS Frank B. Holding Executive Vice Executive Vice Chairman Chairman First-Citizens Bank & Trust Company Post Office Box 1377 Smithfield, North Carolina 27577 Ella Ann L. Holding None Homemaker 519 Rosewood Drive Smithfield, North Carolina 27577 Frank B. Holding, Jr. President and President and Chief Administrative Officer Director First-Citizens Bank & Trust Company 3128 Smoketree Court Raleigh, North Carolina 27604 Hope Holding Connell Senior Vice Senior Vice President President of First-Citizens Bank & Trust Company Subsidiary Post Office Box 29550 239 Fayetteville Street Mall Raleigh, North Carolina 27601 Peter M. Bristow None Vice President and City Executive First-Citizens Bank and Trust Company of South Carolina 2188 South Main Street Summerville, South Carolina 29483
(d) During the last five years, none of the persons or corporations listed above has been convicted in any criminal proceedings (excluding traffic violations or similar misdemeanors). (e) During the last five years, none of the persons or corporations listed above has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction as a 13 result of which he, she or it was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Each of the natural persons listed above is a United States citizen. BancShares is a Delaware-chartered bank holding company authorized to do business in North Carolina. Its principal subsidiary is First-Citizens Bank & Trust Company, a North Carolina-chartered bank. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. Shares of Common Stock of the Issuer purchased by members of the Group to date were purchased with cash. Any shares of Common Stock of the Issuer which may be purchased by members of the Group following the date of this Statement are expected to be purchased with cash or borrowed funds. Prior to the purchases of the Common Stock by members of the Group, the natural persons who are members of the Group had existing lines of credit which may be used in the future for the purpose of purchasing shares of Common Stock of the Issuer. Any shares of Common Stock which may be purchased by BancShares are expected to be purchased with cash held by BancShares. ITEM 4. PURPOSE OF TRANSACTION. Item 4 of the Statement is hereby amended to include the following information: BancShares has received from the Issuer's financial advisor, Trident Financial Corporation ("Trident"), information regarding the Issuer that BancShares could use in considering whether it desired to submit a proposal to acquire the Issuer, and, if so, the terms and structure of that proposal. Based upon its review of the information supplied by Trident, BancShares has submitted to Trident a proposal to acquire the Issuer. Under BancShares' proposal, the Issuer and its wholly owned savings bank subsidiary, First Savings Bank of Rockingham County, would be acquired by BancShares and each of the outstanding shares of the Issuer's Common Stock would be converted into the right to receive $10.75 in cash. Among other terms of the proposed transaction relating to the Issuer's management and employees, FCB would enter into employment/consulting agreements with two of the Issuer's senior officers, the Issuer's directors would become paid local advisory directors for FCB for a period of five years, and existing stock awards held by the Issuer's officers and directors would be paid out (at the rate of $10.75 per share) or replaced with substantially equivalent benefits. The transaction would be subject to (i) negotiation and execution of a definitive agreement, (ii) approval by the Issuer's 14 Board of Directors and shareholders and by BancShares' Board of Directors, (iii) receipt of all required regulatory approvals, and (iv) customary reviews by BancShares of the Issuer's assets, corporate records, financial statements and other such matters. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a)-(b) As a group, the Group beneficially owns 68,200 shares of Common Stock, constituting 6.91% of the outstanding Common Stock of the Issuer (based on 986,321 shares outstanding). Set forth below are the number and percentage of shares of Common Stock beneficially owned, and the nature of the ownership, for each member of the Group as of the date hereof. The shares listed herein as beneficially owned by the Group include: (i) 1,000 shares (0.10%) held of record by Ella Ann L. Holding (spouse of Frank B. Holding); (ii) 5,100 shares (0.52%) held of record by Frank B. Holding, Jr. (adult son of Frank B. Holding) as Custodian U/NCUTMA for Frank B. Holding, III, Barbara Perry Holding and Lewis Royall Holding, II; (iii) 3,200 shares (0.32%) held of record by Hope Holding Connell (adult daughter of Frank B. Holding) as Custodian U/NCUTMA for Hewlette Collier Connell and John Patrick Holding Connell; (iv) 1,600 shares (0.16%) held of record by Peter N. Bristow (son-in-law of Frank B. Holding) as Custodian U/SCUGMA for Peter McDonald Bristow, Jr.; (v) 10,000 shares (1.01%) held of record by Lewis R. Holding; and, (vi) 47,300 shares (4.80%) held of record by BancShares (of which Lewis R. Holding is Chairman of the Board and a major shareholder, Frank B. Holding is Executive Vice Chairman of the Board and a major shareholder, and Frank B. Holding, Jr. is President and a director). To the best of the knowledge of the Group, no directors or executive officers of BancShares or FCB, other than Lewis R. Holding, Frank B. Holding, and Frank B. Holding, Jr., beneficially own any shares of the Common Stock. Lewis R. Holding exercises sole voting and dispositive power as to 10,000 shares, and he may be deemed to have shared voting and dispositive power as to 47,300 shares held of record by BancShares. Ella Ann L. Holding, Frank B. Holding, Jr., Hope Holding Connell, and Peter M. Bristow are the sister-in-law, nephew, niece, and nephew-in-law, respectively, of Lewis R. Holding; however, he disclaims beneficial ownership of the shares listed above that are 15 held of record in the capacities indicated by those family members (all of whom are adults with separate residences). Frank B. Holding may be deemed to have shared voting and dispositive power as to 47,300 shares held of record by BancShares and 1,000 shares held of record by his spouse, Ella Ann L. Holding. Frank B. Holding, Jr., Hope Holding Connell and Peter M. Bristow are the son, daughter and son-in-law, respectively, of Frank B. Holding; however, he disclaims beneficial ownership of the shares listed above that are held of record in the capacities indicated by those family members (all of whom are adults with separate residences). Frank B. Holding also disclaims beneficial ownership of the shares held of record by his spouse, Ella Ann L. Holding. (c) During the 60 days preceding the filing of this Amendment No. 1, there have been no transactions in the Common Stock that were effected by members of the Group. (d) With the exception of the persons who are the holders of record of the shares of Common Stock listed above, no 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, the shares of Common Stock beneficially owned by members of the Group. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Except as described herein, there are no contracts, agreements, arrangements or relationships (legal or otherwise) between any member of the Group and any other person with respect to any securities of the Issuer. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. EXHIBIT A. Agreement among members of the Group with respect to filing of the Statement. 16 SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. FIRST CITIZENS BANCSHARES, INC. February 18, 1997 By: /s/James B. Hyler, Jr. _______________________________________ James B. Hyler, Jr., Vice Chairman February 18, 1997 /s/Lewis R. Holding ____________________________________________ Lewis R. Holding February 18, 1997 /s/Frank B. Holding ____________________________________________ Frank B. Holding February 18, 1997 /s/Ella Ann L. Holding ____________________________________________ Ella Ann L. Holding February 18, 1997 /s/Frank B. Holding, Jr. ____________________________________________ Frank B. Holding, Jr., as Custodian U/NCUTMA for Frank B. Holding, III, Barbara Perry Holding and Lewis Royall Holding, II February 18, 1997 /s/Hope Holding Connell ____________________________________________ Hope Holding Connell, as Custodian U/NCUTMA for Hewlette Collier Connell and John Patrick Holding Connell February 18, 1997 /s/Peter M. Bristow ____________________________________________ Peter M. Bristow, as Custodian U/SCUGMA for Peter McDonald Bristow, Jr. EXHIBIT A Each of the undersigned agrees that the Amendment No. 1 to Schedule 13D dated February 18, 1997 is being filed on their behalf with the Securities and Exchange Commission. FIRST CITIZENS BANCSHARES, INC. /s/ James B. Hyler February 18, 1997 By: _______________________________________ James B. Hyler, Jr., Vice Chairman /s/ Lewis R. Holding February 18, 1997 ____________________________________________ Lewis R. Holding /s/ Frank B. Holding February 18, 1997 ____________________________________________ Frank B. Holding /s/ Ella Ann L. Holding February 18, 1997 ____________________________________________ Ella Ann L. Holding /s/ Frank B. Holding, Jr. February 18, 1997 ____________________________________________ Frank B. Holding, Jr., as Custodian U/NCUTMA for Frank B. Holding, III, Barbara Perry Holding and Lewis Royall Holding, II /s/ Hope Holding Connell February 18, 1997 ____________________________________________ Hope Holding Connell, as Custodian U/NCUTMA for Hewlette Collier Connell and John Patrick Holding Connell /s/ Peter M. Bristow February 18, 1997 ____________________________________________ Peter M. Bristow, as Custodian U/SCUGMA for Peter McDonald Bristow, Jr. -----END PRIVACY-ENHANCED MESSAGE-----