EXHIBIT 99.2


Safe Harbor Under the Private Securities Litigation Reform Act of 1995


The Private Securities Litigation Reform Act of 1995 (the "Act") provides a 
"safe harbor" for forward-looking statements to encourage companies to provide 
prospective information about their companies, so long as those statements are 
identified as forward-looking and are accompanied by meaningful cautionary 
statements identifying important factors that could cause actual results to 
differ materially from those discussed in the statement. Home City Financial 
Corporation ("HCFC") desires to take advantage of the "safe harbor" provisions 
of the Act.  Certain information, particularly information regarding future 
economic performance and finances and plans and objectives of management, 
contained or incorporated by reference in HCFC's Quarterly Report on Form 
10-QSB for the three-months ended March 31, 1999, is forward-looking.  In some 
cases, information regarding certain important factors that could cause actual 
results of operations or outcomes of other events to differ materially from 
any such forward-looking statement appear together with such statement.  In 
addition, forward-looking statements are subject to other risks and 
uncertainties affecting the financial institutions industry, including, but 
not limited to, the following:  

Interest Rate Risk

HCFC's operating results are dependent to a significant degree on its net 
interest income, which is the difference between interest income from loans, 
investments and other interest-earning assets and interest expense on 
deposits, borrowings and other interest-bearing liabilities.  The interest 
income and interest expense of HCFC change as the interest rates on 
interest-earning assets and interest-bearing liabilities change.  Interest 
rates may change because of general economic conditions, the policies of 
various regulatory authorities and other factors beyond HCFC's control.  In a 
rising interest rate environment, loans tend to prepay slowly and new loans at 
higher rates increase slowly, while interest paid on deposits increases 
rapidly because the terms to maturity of deposits tend to be shorter than the 
terms to maturity or prepayment of loans.  Such differences in the adjustment 
of interest rates on assets and liabilities may negatively affect HCFC's 
income.  

Possible Inadequacy of the Allowance for Loan Losses

HCFC maintains an allowance for loan losses based upon a number of relevant 
factors, including, but not limited to, trends in the level of nonperforming 
assets and classified loans, current and anticipated economic conditions in 
the primary lending area, past loss experience, possible losses arising from 
specific problem loans and changes in the composition of the loan portfolio.  
While the Board of Directors of HCFC believes that it uses the best 
information available to determine the allowance for loan losses, unforeseen 
market conditions could result in material adjustments, and net earnings could 
be significantly adversely affected if circumstances differ substantially from 
the assumptions used in making the final determination.  

Loans not secured by one- to four-family residential real estate are generally 
considered to involve greater risk of loss than loans secured by one- to 
four-family residential real estate due, in part, to the effects of general 
economic conditions.  The repayment of multifamily residential and 
nonresidential real estate loans generally depends upon the cash flow from the 
operation of the property, which may be negatively affected by national and 
local economic conditions.  Construction loans may also be negatively affected 
by such economic conditions, particularly loans made to developers who do not 
have a buyer for a property before the loan is made.  The risk of default on 
consumer loans increases during periods of recession, high unemployment and 
other adverse economic conditions.  When consumers have trouble paying their 
bills, they are more likely to pay mortgage loans than consumer loans.  In 
addition, the collateral securing such loans, if any, may decrease in value 
more rapidly than the outstanding balance of the loan.

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Competition

Home City Federal Savings Bank of Springfield ("Home City") competes for 
deposits with other savings associations, commercial banks and credit unions 
and issuers of commercial paper and other securities, such as shares in money 
market mutual funds.  The primary factors in competing for deposits are 
interest rates and convenience of office location.  In making loans, Home City 
competes with other savings associations, commercial banks, consumer finance 
companies, credit unions, leasing companies, mortgage companies and other 
lenders.  Competition is affected by, among other things, the general 
availability of lendable funds, general and local economic conditions, current 
interest rate levels and other factors which are not readily predictable.  The 
size of financial institutions competing with Home City is likely to increase 
as a result of changes in statutes and regulations eliminating various 
restrictions on interstate and inter-industry branching and acquisitions.  
Such increased competition may have an adverse effect upon Home City.

Legislation and Regulation that may Adversely Affect HCFC's Earnings

Home City is subject to extensive regulation by the Office of Thrift 
Supervision (the "OTS") and the Federal Deposit Insurance Corporation (the 
"FDIC") and is periodically examined by such regulatory agencies to test 
compliance with various regulatory requirements.  As a savings and loan 
holding company, HCFC is also subject to regulation and examination by the 
OTS.  Such supervision and regulation of HCFC and Home City are intended 
primarily for the protection of depositors and not for the maximization of 
shareholder value and may affect the ability of the company to engage in 
various business activities.  The assessments, filing fees and other costs 
associated with reports, examinations and other regulatory matters are 
significant and may have an adverse effect on HCFC's net earnings.

The FDIC is authorized to establish separate annual assessment rates for 
deposit insurance of members of the Bank Insurance fund (the "BIF") and the 
Savings Association Insurance Fund (the "SAIF").  The FDIC has established a 
risk-based assessment system for both SAIF and BIF members.  Under such 
system, assessments may vary depending on the risk the institution poses to 
its deposit insurance fund. Such risk level is determined by reference to the 
institution's capital level and the FDIC's level of supervisory concern about 
the institution.

The recapitalization plan also provides for the merger of the SAIF and BIF 
effective January 1, 1999, assuming there are no savings associations under 
federal law.  Under separate proposed legislation, Congress is considering the 
elimination of the federal thrift charter and the separate federal regulation 
of thrifts.  As a result, Home City would have to convert to a different 
financial institution charter.  In addition, Home City would be regulated 
under federal law as a bank and would, therefore, become subject to the more 
restrictive activity limitations imposed on national banks.  Moreover, HCFC 
might become subject to more restrictive holding company requirements, 
including activity limits and capital requirements similar to those imposed on 
Home City.  HCFC cannot predict the impact of the conversion of Home City to, 
or regulation of  Home City as, a bank until the legislation requiring such 
change is enacted.