-----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, LZB8PWJnUwKLHIaCb+59+ptxHyZj7+XyMnUcQPjyv1NB82SOsncW9fmQZjKIHoOM 4FMWisqMgmsxt2Jqr0cc/A== 0001085204-01-500017.txt : 20010528 0001085204-01-500017.hdr.sgml : 20010528 ACCESSION NUMBER: 0001085204-01-500017 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010525 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: PARK BANCORP INC CENTRAL INDEX KEY: 0001013554 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 364082530 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: SEC FILE NUMBER: 005-49477 FILM NUMBER: 1648744 BUSINESS ADDRESS: STREET 1: 5400 SOUTH PULASKI ROAD CITY: CHICAGO STATE: IL ZIP: 60632 BUSINESS PHONE: 7735828616 MAIL ADDRESS: STREET 1: 5400 SOUTH PULASKI ROAD CITY: CHICAGO STATE: IL ZIP: 60632 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INVESTORS OF AMERICA LIMITED PARTNERSHIP CENTRAL INDEX KEY: 0000904217 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 135 N MERAMEC CITY: CLAYTON STATE: MO ZIP: 63105 BUSINESS PHONE: 3148544600 FORMER COMPANY: FORMER CONFORMED NAME: DIERBERG FOUR LP DATE OF NAME CHANGE: 19930512 SC 13D 1 parkbanc13d.txt SCHEDULE 13-D AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON MAY 25, 2001. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. __) Park Bancorp, Inc. ------------------ (Name of Issuer) Common Stock $ .01 Par Value ---------------------------- (Title of Class of Securities) 700164-10-6 ----------- (CUSIP Number) James F. Dierberg 135 N. Meramec, Clayton, MO 63105 (314) 854-4600 -------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 21, 2001 ------------ (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 that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13d-1(e), 240.13d-1(f), or 24013d-1(g), check the following box |X|. Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7(b) for other parties to whom copies are to be sent. SCHEDULE 13D ========================================== ==================================== CUSIP NO. 700164-10-6 Page 2 of 11 Pages ========================================== ==================================== 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON INVESTORS OF AMERICA, LIMITED PARTNERSHIP 43-1521079 =========== =================================================================== 2 (a) |_| CHECK THE APPROPRIATE BOX IF A MEMBER OFA GROUP* (b) |_| =========== =================================================================== 3 SEC USE ONLY =========== =================================================================== 4 SOURCE OF FUNDS* Not Applicable =========== =================================================================== 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) |_| =========== =================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION NEVADA =================== ============ ============================================== NUMBER OF SHARES 7 SOLE VOTING POWER 84,000 Common ==================== ============ ============================================= 8 SHARED VOTING POWER BENEFICIALLY OWNED BY NONE ==================== ============ ============================================= EACH REPORTING 9 SOLE DISPOSITIVE POWER 84,000 Common ==================== ============ ============================================= 10 SHARED DISPOSITIVE POWER PERSON WITH NONE =========== =================================================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 84,000 Common =========== =================================================================== 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* =========== =================================================================== PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13 5.4% =========== =================================================================== 14 TYPE OF REPORTING PERSON IV, PN =========== =================================================================== *SEE INSTRUCTIONS BEFORE FILLING OUT! INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION Item 1. Security and Issuer This statement relates to the Common Stock, par value $.01 per share, (the "Common Stock") issued by Park Bancorp, Inc. ("Park"), whose principal executive offices are located at 5400 S. Pulaski, Chicago, Illinois 60632. Item 2. Identity and Background This statement is filed by Investors of America, Limited Partnership, a Nevada limited partnership ("Investors"). The general partner of Investors is First Securities America, Inc., a Missouri corporation. James F. Dierberg is the controlling shareholder of First Securities America, Inc. The directors and officers of First Securities America, Inc. are James F. Dierberg (President and Director) and Mary W. Dierberg (Secretary, Treasurer and Director). James F. Dierberg and Mary W. Dierberg are husband and wife. The information required by Item 2 with respect to each of the above named persons is attached to this statement as Exhibits 2A through 2D, and is incorp- orated herein by reference. The information disclosed in Exhibits 2A through 2D is included pursuant to General Instruction C to Schedule 13D. Item 3. Source and Amount of Funds or Other Consideration Not applicable. Item 4. Purpose of Transaction Investors initially acquired the Common Stock which is the subject of this Schedule 13D without a purpose of changing or influencing control of the Issuer. Investors frequently invests in the securities of financial institutions and considers the Issuer's common stock to be undervalued in relation to its potential market value. However, in view of the performance of the Issuer's stock, Investors now believes that, in order to maximize the value for shareholders, the Issuer's management and board of directors must aggressively pursue a strategy to enhance market value. Investors is filing this Schedule 13D to report that it intends to propose that the Issuer pursue a transaction that could have the effect of changing or influencing control of the Issuer, or to support such a transaction if it is proposed by others. At this time Investors has not formulated a specific proposal, but it intends to contact the Issuer, and it may also contact other shareholders, to suggest that immediate consideration be given by management and the board of directors to initiating a transaction. Depending on the response received and other factors, including the market price of the Issuer's common stock and market conditions, Investors may acquire additional shares of the Issuer's common stock in the open market or otherwise, seek to influence management's policies through its vote, make a formal proposal for sale of the Issuer, or propose other actions. Investors may consider initiating an acquisition proposal involving one of its affiliates. Except as set forth in this Item 4, Investors does not have any present plans or proposals which relate to or would result in any of the matters set forth in paragraphs (a) through (j) of Item 4 of Schedule 13D (although the right to develop such plans or proposals is expressly reserved). In addition, depending upon market prices and other conditions, Investors may dispose of the securities of the Issuer at any time and from time to time in the open market or in one or more private transactions at prices to be determined. Item 5. Interest in Securities of the Issuer (a) The aggregate percentage of shares of Common Stock reported owned by Investors is based upon 1,546,471 shares outstanding at March 13, 2001, as reported in Park's 10-K for the fiscal year ended December 31, 2000. As of the close of business on May 24, 2001, Investors beneficially owned 84,000, or approximately 5.43% of such number of shares of Common Stock. (b) Investors beneficially owns 84,000 shares of the Common Stock and has the sole power to vote and dispose of such shares. (c) All transactions in the shares of Common Stock effected by Investors within the past 60 days are described in Exhibit 5(c) attached hereto. All such shares were purchased through a broker-dealer. (d-e)Not Applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Investors is under the control of James F. Dierberg. See Item 2 above. James F. Dierberg and Mary W. Dierberg are husband and wife. Item 7. Material to Be Filed as Exhibits Exhibit 5(c) - Transactions in the Common Stock effected during the past sixty days. 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. INVESTORS OF AMERICA LIMITED PARTNERSHIP By: /s/ James F. Dierberh ---------------------------------------- James F. Dierberg, President of First Securities America, Inc., General Partner Date: May 25, 2001 EXHIBIT INDEX Exhibit No. Page No. - ----------- -------- Exhibit 2A 7 Exhibit 2B 8 Exhibit 2C 9 Exhibit 2D 10 Exhibit 5(c) 11 Exhibit 2A INVESTORS OF AMERICA, LIMITED PARTNERSHIP State or Other Place of Organization: Nevada Principal Business: Investment in real estate and stocks Address of Principal Business: 1504 Hwy. #395 N #8-00508 Gardnerville, Nevada 89410 Address of Principal Office: 1504 Hwy. #395 N #8-00508 Gardnerville, Nevada 89410 Criminal Proceedings During Last 5 Years: None Civil Proceedings During Last 5 Years: None Exhibit 2B FIRST SECURITIES AMERICA, INC.(General Partner of Investors of America, Limited Partnership) State or Other Place of Organization: Missouri Principal Business: Insurance and investments Address of Principal Business: 11 E. Lockwood Webster Groves, Missouri 63119 Address of Principal Office: 11 E. Lockwood Webster Groves, Missouri 63119 Criminal Proceedings During Last 5 Years: None Civil Proceedings During Last 5 Years: None Exhibit 2C JAMES F. DIERBERG (Director and President of First Securities America, Inc.; controlling shareholder of First Securities America, Inc.) Residence or Business Address: 39 Glen Eagles Drive St. Louis, Missouri 63124 Principal Occupation or Employment: Financial services Name of Employer: First Banks, Inc. Principal Business: Bank holding company Address: 135 North Meramec, Clayton, Missouri 63105 Criminal Proceedings During Last 5 Years: None Civil Proceedings During Last 5 Years: None Citizenship: U.S.A. Exhibit 2D MARY W. DIERBERG (Director, Secretary and Treasurer of First Securities America, Inc.) Residence or Business Address: 39 Glen Eagles Drive St. Louis, Missouri 63124 Principal Occupation or Employment: Housewife Criminal Proceedings During Last 5 Years: None Civil Proceedings During Last 5 Years: None Citizenship: U.S.A. Exhibit 5(c) INVESTORS OF AMERICA LIMITED PARTNERSHIP PURCHASES OF PARK BANCORP, INC. COMMON STOCK (Transactions Effected Within Past 60 days) Date of Purchase Number of Shares Purchase Price Per Share April 12, 2001 4,000 15.58 -----END PRIVACY-ENHANCED MESSAGE-----