EXHIBIT 99.2
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Safe Harbor Under the Private Securities Litigation Reform Act of 1995
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     The Private Securities Litigation Reform Act of 1995 (the "Act") 
provides a "safe harbor" for forward-looking statements to encourgage 
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 Annual Report on Form 10-KSB for 
the fiscal year ended December 31, 1998 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
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     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-bearing assts and interest 
expense on deposts, 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 condtions, 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 then the terms or 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
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     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 is uses the best information available to determine the
allowance for loan losses, unforseen 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 effect of
general economic conditions.  The repayment of multifamily residential 
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 the periods of recession, high unemployment
and other adverse economic conditions.  When consumers have trouble paying
such loans, if any, decrease in value more rapidly than the outstanding
balance of the loan.

Competition
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      Home City Federal Savings Bank of Springfield, Ohio ("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 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 acquistions.  Such increased competition
may have an adverse effect upon Homes City.

Legislation and Regulation that may Adversely Affect HCFC's Earnings
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     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.

     For several years, Congress has been considering various changes to
the bank and savings association charters.  The activities in which banks 
and savings associations and their holding companies and subsidiaries may
engage and the authority of various regulatory authorities over the 
financial institutions and their holding companies and subsidiaries.  HCFC
cannot predict at this time whether and when Congress will actually adopt
such "financial modernization legislation" or in what form it will be 
adopted.  It is expected, however, that the range of activities in which
banks and their affiliated companies may engage will be expanded, and it
is possible that the range of activities in which HCFC and Home City may
engage will be restricted.  It is not anticipated that the current
activities of HCFC or Home City will be materially affected by any such
legislation.

     Legislation to recapitalize the SAIF, which was enacted in 1996, 
provided that the SAIF and the Bank Insurance Fund (the "BIF") would be
merged if the federal saivngs association charter was eliminated.  
Although the elimination of the federal savings association charter
has not occurred and is not now expected in the near future, Congress
is still discussing the merger of the SAIF and the BIF.  Although the
merger could be expected to change the deposit insurance premiums paid
by Home City, the effect on Home City and HCFC cannot be predicted at
this time.
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