-----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, QbuBuKTi0yeKPSsktSuref+93/JKbRLpqy3uDo1oAiTpx5FQJYCWK5/eiPCRK6PP Wg/0HgkbXNDyUNWgWT/bgQ== 0000943374-10-000324.txt : 20100212 0000943374-10-000324.hdr.sgml : 20100212 20100212122640 ACCESSION NUMBER: 0000943374-10-000324 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100212 DATE AS OF CHANGE: 20100212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Newport Bancorp Inc CENTRAL INDEX KEY: 0001355855 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 204465271 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-81915 FILM NUMBER: 10596619 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 BUSINESS PHONE: 401 847 5500 MAIL ADDRESS: STREET 1: 100 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Newport Bancorp Inc CENTRAL INDEX KEY: 0001355855 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 204465271 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 100 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 BUSINESS PHONE: 401 847 5500 MAIL ADDRESS: STREET 1: 100 BELLEVUE AVENUE CITY: NEWPORT STATE: RI ZIP: 02840 SC 13G 1 sc13g_021210.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment 3)* Newport Bancorp, Inc. --------------------- (Name of Issuer) Common Stock, par value $0.01 per share --------------------------------------- (Title of Class of Securities) 651754103 -------------- (CUSIP Number) December 31, 2009 ------------------------------------------------------- (Date of Event Which Requires Filing of This Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] 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). Page 1 of 5 Pages CUSIP NO. 651754103 Page 2 of 5 Pages ======== ======================================================================= 1 Names of Reporting Persons Newport Federal Savings Bank Employee Stock Ownership Plan Trust - -------- ----------------------------------------------------------------------- 2 Check the Appropriate Box if a Member of a Group (See Instructions) (a) _______________ (b) _______________ - -------- ----------------------------------------------------------------------- 3 SEC Use Only - -------- ----------------------------------------------------------------------- 4 Citizenship or Place of Organization State of Rhode Island - ------------------------- ----- ------------------------------------------------ Number of Shares 5 Sole Voting Power Beneficially Owned by Each Reporting Person 286,196 With: - ------------------------- ----- ------------------------------------------------ 6 Shared Voting Power 104,072 - ------------------------- ----- ------------------------------------------------ 7 Sole Dispositive Power 390,268 - ------------------------- ----- ------------------------------------------------ 8 Shared Dispositive Power 0 - -------- ----------------------------------------------------------------------- 9 Aggregate Amount Beneficially Owned by Each Reporting Person 390,268 - -------- ----------------------------------------------------------------------- 10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------- ----------------------------------------------------------------------- 11 Percent of Class Represented by Amount in Row 9 10.2% of 3,830,277 shares of Common Stock outstanding as of December 31, 2009. - -------- ----------------------------------------------------------------------- 12 Type of Reporting Person (See Instructions) EP ======== ======================================================================= CUSIP NO. 651754103 Page 3 of 5 Pages Item 1 (a) Name of Issuer Newport Bancorp, Inc. (b) Address of Issuer's Principal Executive Offices 100 Bellevue Avenue Newport, RI 02840 Item 2 (a) Name of Person Filing Employee Stock Ownership Plan Trust Trustee: Pentegra Trust Company c/o Pentegra Retirement Services 3 Enterprise Drive, Suite 105 Shelton, CT 06484 (b) Address of Principal Business Office 100 Bellevue Avenue Newport, RI 02840 (c) Citizenship or Place of Organization See Page 2, Item 4. (d) Title of Class of Securities Common Stock, par value $.01 per share (e) CUSIP Number See Page 1. Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b) or 240.13d-2(b, or (c), check whether the person filing is a: (f) [X] An employee benefit plan or endowment fund in accordance with ss.240.13d-1(b)(1)(ii)(F). 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. CUSIP NO. 651754103 Page 4 of 5 Pages (a) Amount beneficially owned: See Page 2, Item 9. (b) Percent of class: See Page 2, Item 11. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: See Page 2, Item 5. (ii) Shared power to vote or to direct the vote: See Page 2, Item 6. (iii) Sole power to dispose or to direct the disposition of: See Page 2, Item 7. (iv) Shared power to dispose or to direct the disposition of: See Page 2, Item 8. 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 5 percent of the class of securities, check the following [ ]. Item 6. Ownership of More Than Five Percent on Behalf of Another Person N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person N/A Item 8. Identification and Classification of Members of the Group N/A Item 9. Notice of Dissolution of Group 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 acquired and are held in the ordinary course of business and 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. CUSIP NO. 651754103 Page 5 of 5 Pages 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 11, 2010 ----------------- Date /s/ William J. Pieper --------------------- Signature Pentegra Trust Company, Trustee William J. Pieper, Senior Vice President ---------------------------------------- Name/Title -----END PRIVACY-ENHANCED MESSAGE-----