-----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, M9Bkzqco4IWa8tmIWaah8N+iy9j+teUce8w6BZ+CUDpr7Hu8bMccr0UbANtefnvX 8xKmJkp54wargWRrdAiOQQ== 0000909789-98-000074.txt : 19990101 0000909789-98-000074.hdr.sgml : 19990101 ACCESSION NUMBER: 0000909789-98-000074 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981231 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: LOCAL FINANCIAL CORP /NV CENTRAL INDEX KEY: 0001047125 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 650424192 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-54755 FILM NUMBER: 98779543 BUSINESS ADDRESS: STREET 1: 3601 NW 63RD ST CITY: OKLAHOMA CITY STATE: OK ZIP: 73116-2087 BUSINESS PHONE: 4058412298 MAIL ADDRESS: STREET 1: 3601 NW 63RD ST CITY: OKLAHOMA CITY STATE: OK ZIP: 73116 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FINANCIAL STOCKS INC CENTRAL INDEX KEY: 0001041241 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 507 CAREW TOWER 441 VINE ST CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5132416166 MAIL ADDRESS: STREET 1: 5070 CAREW TOWER 441 VINE ST CITY: CINCINNATI STATE: OH ZIP: 45202 SC 13D/A 1 SCHEDULE 13D/A SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 1)* Local Financial Corporation _________________________________________________________________ (Name of Issuer) Common Stock _________________________________________________________________ (Title of Class of Securities) 539553305/539553206 _________________________________________________________________ (CUSIP Number) John M. Stein 507 Carew Tower 441 Vine Street Cincinnati, Ohio 45202 (513) 241-6166 _________________________________________________________________ (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 28, 1998 _________________________________________________________________ (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 [ ]. *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). Page 1 of 4 Pages CUSIP No. 539553305/539553206 13D 2 of 4 pages _________________________________________________________________ 1) Names of Reporting Persons S.S. or I.R.S. Identification Nos. of Above Persons Financial Stocks, Inc. 85-0366665 _________________________________________________________________ 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [x] _________________________________________________________________ 3) SEC Use Only _________________________________________________________________ 4) Source of Funds (See Instructions) 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 Ohio _______________________________________________________________ | | | | NUMBER OF SHARES | 7) Sole Voting Power 1,842,300 | | BENEFICIALLY OWNED |_________________________________________| | BY EACH REPORTING | 8) Shared Voting Power 0 | | PERSON WITH |_________________________________________| | | 9) Sole Dispositive Power 1,842,300 | | |_________________________________________| | | 10) Shared Dispositive Power 0 | |_______________________________________________________________| 11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,842,300 _________________________________________________________________ 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] _________________________________________________________________ 13) Percent of Class Represented by Amount in Row (11) 8.97% _________________________________________________________________ 14) Type of Reporting Person (See Instructions) IA Item 1. Security and Issuer ___________________ This statement relates to the Common Stock ("Common Stock"), of Local Financial Corporation (the "Issuer"). The name and address of the principal executive offices of the Issuer are as follows: Local Financial Corporation 3601 N.W. 63rd Street Oklahoma City, Oklahoma 73116 The person filing this statement is Financial Stocks, Inc., an Ohio corporation ("FSI"). FSI's business address is 507 Carew Tower, 441 Vine Street, Cincinnati, Ohio 45202. FSI is a registered investment advisor and acts as general partner of Financial Stocks Limited Partnership ("FSLP"), Financial Stocks Private Equity Fund 1998 L.P. ("1998 Fund") and Vine Street Exchange Fund, L.P. ("Vine Street") and as an investment advisor for Rising Stars Offshore Fund L.P. ("Rising Stars"). This filing amends the Schedule 13D previously filed by FSI with respect to the Issuer. Item 5 of such Schedule 13D is hereby amended as follows: Item 2. Interest in Securities of the Issuer. ____________________________________ The following table sets forth information with respect to the shares of Common Stock of which FSI has or shares beneficial ownership: Percent of Record Owner Number of Shares Outstanding ____________ ________________ ___________ FSLP 285,000 (1) 1.4 1998 Fund 1,257,300 (1) 6.1 Vine Street 300,000 (1) 1.5 (1) As general partner of FSLP, 1998 Fund, and Vine Street, FSI has sole voting power and dispositive power with respect to these shares. The following information relates to all transactions with respect to the Common Stock in which FSI has engaged in the last 60 days. On December 4, 1998, FSI sold for the account of Rising Stars in an open market transaction 15,000 shares of Common Stock at a price of $8.50 per share. On December 28, 1998, FSI purchased for the account of 1998 Fund in a privately negotiated transaction 200,000 shares of Common Stock at a price of $8.375 per share. 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. FINANCIAL STOCKS, INC. December 30, 1998 By: /s/John Stein __________________ _____________________ Date John Stein, President -----END PRIVACY-ENHANCED MESSAGE-----