United Community Financial Corp. SC 13G/A
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 8)*
United Community Financial Corp.
 
(Name of Issuer)
Common shares, without par value
 
(Title of Class of Securities)
909839 10 2
 
(CUSIP Number)
December 31, 2007
 
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
þ   Rule 13d-1(b)
o   Rule 13d-1(c)
o   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).
 
 

 


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CUSIP No.
 
909839 10 2 
13G

 

           
1   NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

United Community Financial Corp. Employee Stock Ownership Plan
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  Ohio
       
  5   SOLE VOTING POWER
     
NUMBER OF   -0-
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -0-
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 8   SHARED DISPOSITIVE POWER
     
    3,726,474
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,726,474
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
   
  12.4%
     
12   TYPE OF REPORTING PERSON*
   
  EP


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CUSIP No.
 
909839 10 2 
13G

 

           
1   NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

First Bankers Trust
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

  (a)   o
  (b)   þ
     
3   SEC USE ONLY
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION
   
  United States
       
  5   SOLE VOTING POWER
     
NUMBER OF   1,531,753
       
SHARES 6   SHARED VOTING POWER
BENEFICIALLY    
OWNED BY   -0-
       
EACH 7   SOLE DISPOSITIVE POWER
REPORTING    
PERSON   -0-
       
WITH 8   SHARED DISPOSITIVE POWER
     
    3,726,474
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
   
  3,726,474
     
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
   
  12.4%
     
12   TYPE OF REPORTING PERSON*
   
  BK


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Item 1(a) Name of Issuer
Item 1(b) Address of Issuer’s Principal Executive Offices
Item 2(a) Name of Persons Filing
Item 2(b) Address of Principal Business Office or, if none, Residence
Item 2(c) Citizenship
Item 2(d) Title and Class of Securities
Item 2(e) CUSIP Number
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a
Item 4 Ownership
Item 5. Ownership of Five Percent or Less of a Class
Item 6. Ownership of More Than Five Percent on Behalf of Another Person
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
Item 8. Identification and Classification of Members of the Group
Item 9. Notice of Dissolution of Group
Item 10. Certification
SIGNATURE


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Item 1(a).   Name of Issuer:
  United Community Financial Corp.
Item 1(b).   Address of Issuer’s Principal Executive Offices:
  275 Federal Plaza West
Youngstown, OH 44503-1203
Item 2(a).   Name of Persons Filing:
  United Community Financial Corp. Employee Stock Ownership Plan
  First Bankers Trust Services, Inc.
Item 2(b).   Address of Principal Business Office or, if none, Residence:
  United Community Financial Corp. Employee Stock Ownership Plan
First Bankers Trust Services, Inc., Trustee
2321 Kochs Lane
Quincy, IL 62305
  First Bankers Trust Services, Inc., Trustee
2321 Kochs Lane
Quincy, IL 62305
Item 2(c).   Citizenship:
  United Community Financial Corp. Employee Stock Ownership Plan
Organized in Ohio
  First Bankers Trust Services, Inc.
Organized under the laws of the United States
Item 2(d).   Title and Class of Securities:
  Common shares, without par value
Item 2(e) .   CUSIP Number:
  909839 10 2
Item 3.   If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:
  (a)        o      Broker or Dealer registered under Section 15 of the Act (15 U.S.C. 78o).
 
  (b)        þ     Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

 


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  (c)        o      Insurance Company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
 
  (d)        o      Investment Company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
 
  (e)        o      An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E).
 
  (f)        þ     An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F).
 
  (g)        o      A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G).
 
  (h)        o      A savings association as defined in Section 13(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
 
  (i)  
     o      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)        o      A group, in accordance with § 240.13d-1(b)(1)(ii)(J).
Item 4.   Ownership:
  United Community Financial Corp. Employee Stock Ownership Plan
  (a)   Amount Beneficially Owned:
3,726,474
 
  (b)   Percent of Class:
12.4%
 
  (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:
3,726,474

 


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First Bankers Trust Services, Inc.
  (a)   Amount Beneficially Owned:
 
      3,726,474
 
  (b)   Percent of Class:
 
      12.4%
 
  (c)   Number of shares as to which such person has:
  (i)   sole power to vote or to direct the vote:
 
      1,531,753
 
  (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:
 
      3,726,474
There are 3,726,474 shares owned by the United Community Financial Corp. Employee Stock Ownership Plan (the “Plan”). Under the terms of the Plan, the Trustee votes all of the shares allocated to the accounts of Plan participants as directed by the participants to whose accounts such shares have been allocated. With respect to unallocated shares, the Trustee has voting power, however the terms of the Plan require the Trustee to vote such shares in the same proportion as participants direct the voting of allocated Plan shares.
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


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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 in connection with or as a participant in any transaction having such purposes 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 SERVICES, INC.
 
 
Date: February 14, 2008  By:   /s/ Linda Shultz    
    Name:   Linda Shultz   
    Title:   Trust Officer   
 
  UNITED COMMUNITY FINANCIAL CORP.
EMPLOYEE STOCK OWNERSHIP PLAN
 
 
  By:   First Bankers Trust Services Inc., Trustee    
       
Date: February 14, 2008  By:   /s/ Linda Shultz    
    Name:   Linda Shultz   
    Title:   Trust Officer   

 


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EXHIBIT A
AGREEMENT FOR JOINT FILING OF SCHEDULE 13G
     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 United Community Financial Corp., an Ohio corporation, shall be, and is, filed on behalf of each of the undersigned.
         
  FIRST BANKERS TRUST SERVICES, INC.
 
 
Date: February 14, 2008  By:   /s/ Linda Shultz    
    Name:   Linda Shultz   
    Title:   Trust Officer   
 
  UNITED COMMUNITY FINANCIAL CORP.
EMPLOYEE STOCK OWNERSHIP PLAN
 
 
  By:   First Bankers Trust Services, Inc., Trustee    
       
Date: February 14, 2008   By:   /s/ Linda Shultz    
    Name:   Linda Shultz   
    Title:   Trust Officer