UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 7)*
ASB Financial Corp.
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(Name of Issuer)
Common shares, no par value
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(Title of Class of Securities)
00205P 10 7
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(CUSIP Number)
December 31, 2003
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(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).
CUSIP No. 00205P 10 7 13G
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
ASB Financial Corp. Employee Stock Ownership Plan
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2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [X]
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3 SEC Use Only
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4 Citizenship or Place of Organization
Ohio
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Number of 5 Sole Voting Power
Shares
Beneficially -0-
Owned --------------------------------------------------
by Each 6 Shared Voting Power
Reporting
Person -0-
With --------------------------------------------------
7 Sole Dispositive Power
-0-
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8 Shared Dispositive Power
142,674
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
142,674
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
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11 Percent of Class Represented by Amount in Row 9
8.6%
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12 Type of Reporting Person (See Instructions)
EP
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CUSIP No. 00205P 10 7 13G
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1 Names of Reporting Persons
I.R.S. Identification Nos. of above persons (entities only)
First Bankers Trust Company, N.A.
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2 Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [X]
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3 SEC Use Only
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4 Citizenship or Place of Organization
United States
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Number of 5 Sole Voting Power
Shares
Beneficially -0-
Owned --------------------------------------------------
by Each 6 Shared Voting Power
Reporting
Person -0-
With --------------------------------------------------
7 Sole Dispositive Power
-0-
--------------------------------------------------
8 Shared Dispositive Power
142,674
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
142,674
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10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions)
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11 Percent of Class Represented by Amount in Row 9
8.6%
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12 Type of Reporting Person (See Instructions)
BK
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Item 1(a). Name of Issuer:
ASB Financial Corp.
Item 1(b). Address of Issuer's Principal Executive Offices:
503 Chillicothe Street
Portsmouth, Ohio 45662
Item 2(a). Names of Persons Filing:
First Bankers Trust Company, N.A.
ASB Financial Corp. Employee Stock Ownership Plan
Item 2(b). Address of Principal Business Office or, if none, Residence:
First Bankers Trust Company, N.A.
2321 Kochs Lane
P.O. Box 3566
Quincy, Illinois 62301
ASB Financial Corp. Employee Stock Ownership Plan
2321 Kochs Lane
P.O. Box 3566
Quincy, Illinois 62301
Item 2(c). Citizenship:
First Bankers Trust Company, N.A.
Organized under the laws of the United States
ASB Financial Corp. Employee Stock Ownership Plan
Organized in Ohio
Item 2(d). Title and Class of Securities:
Common shares, without par value
Item 2(e). CUSIP Number:
00205P 10 7
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Item 3. If this statement is filed pursuant to Sections 240.13d-1(b),
or 240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under Section 15 of
the Act (15 U.S.C. 78o).
(b) [x] Bank as defined in section 3(a)(6) of the Act (15
U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19)
of the Act (15 U.S.C. 78c).
(d) [ ] Investment Company registered under section 8 of
the Investment Company Act of 1940 (15 U.S.C.
80a-8).
(e) [ ] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E).
(f) [x] An employee benefit plan or endowment fund in
accordance with Section 240.13d-1(b)(1)(ii)(F).
(g) [ ] A parent holding company or control person in
accordance with Section 240.13d-1(b)(1)(ii)(G).
(h) [ ] A savings association as defined in Section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C.
1813).
(i) [ ] A church plan that is excluded from the
definition of an investment company under Section
3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3).
(j) [ ] Group, in accordance with Section 240.13d-
1(b)(1)(ii)(J).
Item 4. Ownership:
First Bankers Trust Company, N.A.
(a) Amount beneficially owned:
142,674
(b) Percent of class:
8.6%
5
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
-0-
(ii) Shared power to vote or to direct the vote:
-0-
(iii) Sole power to dispose or to direct the disposition
of:
-0-
(iv) Shared power to dispose or to direct the disposition
of:
142,674
ASB Financial Corp. Employee Stock Ownership Plan
(a) Amount beneficially owned:
142,674
(b) Percent of class:
8.6%
(c) Number of Shares as to which such person has:
(i) Sole power to vote or to direct the vote:
-0-
(ii) Shared power to vote or to direct the vote:
-0-
(iii) Sole power to dispose or to direct the disposition of:
-0-
(iv) Shared power to dispose or to direct the disposition
of:
142,674
There are 142,674 common shares owned by the ASB Financial Corp.
Employee Stock Ownership Plan (the "Plan"). First Bankers Trust
Company, N.A. is the Trustee of the Plan. Under the terms of the
Plan and the Trust Agreement, the Trustee votes all of the shares
allocated to the accounts of participants as directed by the
participants to whose accounts such shares have been allocated.
With respect to unallocated shares or allocated shares with
respect to which no instructions have been received, the Plan
provides that the Trustee shall vote such shares in the Trustee's
discretion. All shares held in the Plan have been allocated to
the accounts of participants.
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Although the Trustee has general authority to sell assets, because
the Plan provides that the Trustee is to invest primarily in
shares of the issuer, the authority to dispose of such shares is
limited by the Plan.
Item 5. Ownership of Five Percent or Less of a Class:
Inapplicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Inapplicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
Inapplicable
Item 8. Identification and Classification of Members of the Group:
Inapplicable
Item 9. Notice of Dissolution of Group:
Inapplicable
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 such securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
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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.
FIRST BANKERS TRUST COMPANY, N.A.
Date: February 9, 2004 By: /s/ Linda Shultz
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Linda Shultz, Trust Officer
ASB FINANCIAL CORP.
EMPLOYEE STOCK OWNERSHIP PLAN
By: First Bankers Trust Company,
N.A.,
Trustee
Date: February 9, 2004 By: /s/ Linda Shultz
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Linda Shultz, Trust Officer
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EXHIBIT A
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AGREEMENT FOR JOINT FILING OF SCHEDULE 13G
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The undersigned hereby agree that the Schedule 13G being filed with
the Securities and Exchange Commission to report their beneficial ownership
of more than 5% of the common shares of ASB Financial Corp., an Ohio
corporation, shall be, and is, filed on behalf of each of the undersigned.
FIRST BANKERS TRUST COMPANY, N.A.
Date: February 9, 2004 By: /s/ Linda Shultz
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Linda Shultz, Trust Officer
ASB FINANCIAL CORP.
EMPLOYEE STOCK OWNERSHIP PLAN
By: First Bankers Trust Company,
N.A.,
Trustee
Date: February 9, 2004 By: /s/ Linda Shultz
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Linda Shultz, Trust Officer
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