-----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, A+0LsPIBvWv5z3Bsa57nofagzgeCCZVLDQ+DxLisGGuBua7ozRxToaUggg4SVlzQ lSyBi0dpk1EygsHqSAPwTA== 0000950144-99-014383.txt : 19991230 0000950144-99-014383.hdr.sgml : 19991230 ACCESSION NUMBER: 0000950144-99-014383 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19991229 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: SOUTHFIRST BANCSHARES INC CENTRAL INDEX KEY: 0000925963 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 631121255 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-50915 FILM NUMBER: 99782237 BUSINESS ADDRESS: STREET 1: 126 NORTH NORTON AVE CITY: SYLACAUGA STATE: AL ZIP: 35150 BUSINESS PHONE: 2052454365 MAIL ADDRESS: STREET 1: PO BOX 167 CITY: SYLACAUGA STATE: AL ZIP: 35150 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PENSION & BENEFIT FINANCIAL SERVICES INC CENTRAL INDEX KEY: 0001101305 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 582305000 STATE OF INCORPORATION: AL FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 260 COMMERCE STREET, 3RD FLOOR CITY: MONTGOMERY STATE: AL ZIP: 35150 BUSINESS PHONE: 2562454365 SC 13G 1 SOUTHFIRST BANCSHARES, INC. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 SouthFirst Bancshares, Inc. --------------------------- (Name of Issuer) Common Stock ------------------------------ (Title of Class of Securities) 844271 10 6 -------------- (CUSIP Number) October 1, 1998 --------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [ ] Rule 13d-1(b) [X] 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). (Continued on the following page(s)) 2 CUSIP No. 844271 10 6 13G ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Pension & Benefit Financial Services, Inc. I.R.S. Identification No.: 582305000 - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] ( ) (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Alabama Corporation - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 66,400 BENEFICIALLY ----------------------------------------------------------------- OWNED BY EACH 6 SHARED VOTING POWER REPORTING PERSON 0 WITH ----------------------------------------------------------------- 7 SOLE DISPOSITIVE POWER 66,400 ----------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 66,400 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES* [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.1% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* CO - -------------------------------------------------------------------------------- 3 Item 1(a). Name of Issuer. SouthFirst Bancshares, Inc. Item 1(b). Address of Issuer's Principal Executive Offices. 126 North Norton Avenue, Sylacauga, AL 35150 Item 2(a). Name of Person Filing. Pension & Benefit Financial Services, Inc. I.R.S. Identification Number: 582305000 Item 2(b). Address of Principal Business Office or, if none, Residence. 260 Commerce Street, 3rd floor, Montgomery, AL 36101 Item 2(c). Citizenship. Alabama Corporation Item 2(d). Title of Class of Securities. $.01 par Common Stock Item 2(e). CUSIP Number. 844271 10 6 Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check whether the person filing is a: Not applicable Item 4. Ownership. (a) Amount Beneficially Owned: 66,400 shares (b) Percent of Class: 7.1% 4 (c) Number of Shares as to Which Such Person has: (i) sole power to vote or to direct the vote: 66,400 (ii) shared power to vote to to direct the vote: -0- (iii) sole power to dispose or to direct the disposition of: 66,400 (iv) shared power to dispose or to direct the disposition of: -0- None of the above represent shares which there is a right to acquire. Item 5. Ownership of Five Percent or Less of a Class. Not applicable Item 6. Ownership of More than Five Percent on Behalf of Another Person. All shares reported on this form are held by Pension & Benefit as fiduciary for SouthFirst Bancshares, Inc. Employee Stock Ownership Plan. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company. Not applicable Item 8. Identification and Classification of Members of the Group. Not applicable Item 9. Notice of Dissolution of Group. Not applicable Item 10. Certification. By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not required 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. 5 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. Date: December 16, 1999 Pension & Benefit Financial Services, Inc. By: /s/ J. Malcomb Massey -------------------------------------- J. Malcomb Massey President -----END PRIVACY-ENHANCED MESSAGE-----