CUSIP No. 918255100
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Page 2 of 4 Pages
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1
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NAME OF REPORTING PERSON
SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Emerald Advisers, Inc.
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) _______
(b) _______
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
69,364 shares
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6
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SHARED VOTING POWER
0 shares
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7
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SOLE DISPOSITIVE POWER
355,372 shares
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8
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SHARED DISPOSITIVE POWER
0 shares
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
355,372 shares
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See Instructions)
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.41%
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12
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TYPE OF REPORTING PERSON (See Instructions)
IA
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(a)
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The name of the issuer is Vist Financial Corp.
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(b)
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The address of the issuer’s principal executive office is 1240 Broadcasting Road, Wyomissing, Pennsylvania 19610.
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(a)
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The name of the person filing is Emerald Advisers, Inc.
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(b)
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The address of the principal office of the person filing is 1703 Oregon Pike, Suite 101, Lancaster, Pennsylvania 17601.
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(c)
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The state of organization is Pennsylvania.
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(d)
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The title of class of security is common stock, par value $5.00.
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(e)
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The CUSIP number is 918255100.
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(a)
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The amount beneficially owned is 355,372 shares.
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(b)
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The percent of class is 5.41% based on 6,546,273 shares issued as of December 31, 2010 as reported in the Issuer’s Form 10-K for the period ended December 31, 2010.
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(c)(i)
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The number of shares as to which Emerald Advisers, Inc. has sole voting power is 69,364.
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(c)(ii)
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The number of shares as to which Emerald Advisers, Inc. has shared voting power is 0.
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(c)(iii)
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The number of shares as to which Emerald Advisers, Inc. has sole dispositive power is 355,372.
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(c)(iv)
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The number of shares as to which Emerald Advisers, Inc. has shared dispositive poweris 0.
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