SECURITIES AND EXCHANGE COMMISSION

FORM 10-KSB/AAmendment No. 1

X   ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

> For the fiscal year ended December 31, 2000

___ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934

> For the transition period from _____ to _____

Commission File Number: 0-20911

ALGIERS BANCORP, INC.

|Louisiana(State or other jurisdiction of
      incorporation or organization)          | 72 - 1317594(I.R.S. Employer
      Identification No.)
|-------------------------------------------------------------------------------------- | ------------------------------------------------------
|#1 Westbank Expressway, New Orleans, Louisiana(Address of principal executive offices) | 70114(Zip Code)                                       

Issuer's telephone number: (504) 367-8221

Securities registered pursuant to Section 12(b) of the Act:

None

Securities registered pursuant to Section 12(g) of the Act:

Common Stock (par value $.01 per share)

Check whether the Issuer (1) filed all reports required to be
filed by Section 13 or 15(d) of the Exchange Act during the past 12 months (or
for such shorter period that the issuer was required to file such reports), and
(2) has been subject to such filing requirements for the past 90 days. YesXNo

Check if there is no disclosure of delinquent filers in
response to Item 405 of Regulation S-B contained in this form, and no disclosure
will be contained, to the best of Issuer's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-KSB. __

Issuer's revenues for the fiscal year ended December 31, 2000 were $3.4
million.

As of March 9, 2001 the aggregate market value of the 434,125 shares of
Common Stock of the Issuer held by non-affiliates, which excludes 72,223 shares
held by all directors, executive officers and employee benefit plans of the
Issuer, was approximately $3.9 million. This figure is based on the average of
the bid and asked prices of $9.50 per share of the Issuer's Common Stock on
March 9, 2001.

Number of shares of the Issuer's Common Stock outstanding on March 9, 2001
was 506,348.

DOCUMENTS INCORPORATED BY REFERENCE

None.

Transitional Small Business Disclosure Format (check one):
Yes_____  No  X



PART III

Item 9.  Directors, Executive
Officers, Promoters and Control Persons;

Directors and Executive Officers

The following table sets forth certain information with respect to the current
directors of the Company. The Articles of Incorporation of the Company require
that the Board of Directors be divided into three classes, each as nearly equal
in number as possible. The members of each class are elected for a term of three
years or until their successors are elected and qualified. One class of
directors is elected annually. There are no arrangements or understandings
between the Company and any person pursuant to which such person has been
elected a director, and no director or nominee for director is related to any
other director, nominees for director or executive officer of the Company by
blood, marriage or adoption, except that Janice Ray is the sister of Hugh E.
Humphrey, III.

|Name                                 | Age (1) | Position with the Company and the Bank and Principal Occupation During
      the Past Five Years                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | Director Since (2)
|------------------------------------ | ------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ------------------
|                                     |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|Directors whose Terms Expire 2001    |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|Thu Dang                             | 57      | Director; Self-employed realtor with Real Estate Showcase in New
      Orleans, Louisiana since 1978.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | 1991              
|John H. Gary, III                    | 43      | Director; President of Gary Enterprises, Inc., a trade show management
      companyin New Orleans, Louisiana since 1988.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | 1991              
|Directors Whose Term Expires in 2002 |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|Eugene J. Harris                     | 59      | Director; President and Chief Executive Officer of the Company and
      Algiers Bank & Trust (the "Bank")(3), the
      Company's wholly owned subsidiary, since March 2001; Acting President and
      Interim Chief Executive Officer of the Company and the Bank from November
      2000 to March 2001; Executive Vice President and Chief Financial Officer
      of the Company and the Bank from August 2000 to November 2000; Senior Vice President and Chief Administrative Officer of First Bank & Trust
      in New Orleans, Louisiana from September 1996 to August 2000; Vice
      President and Investment Representative for Deposit Guaranty National
      Bank from September 1993 to September 1996. | 2001              
|Francis M. Minor                     | 57      | Director; Executive Vice President of the Company and the Bank since
      November 2000; Acting President and Chief Executive Officer of the Company
      from March 2000 to November 2000; Chief Operating Officer of the Company
      and the Bank from August 1997 to March 2000; Field Accountant for Gibbs
      Construction Co. from March 1997 to August 1997; Self-employed accountant
      from 1993 to March 1997.                                                                                                                                                                                                                                                                                          | 2000              
|Hugh H. Humphrey, III                | 49      | Director; Self-employed realtor with Real Estate Showcase in New
      Orleans, Louisiana since 2000; Vice President, loan and compliance officer of the
      Bank from 1990 to 2000.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 1984              
|Director Whose Terms Expire in 2003  |         |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
|Thomas L. Arnold, Sr.                | 57      | Chairman of the Board; Assessor, Orleans Parish, Louisiana since 1985.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | 1997              
|Janice H. Ray                        | 41      | Director; Vice President of Operations of Planet Mortgage, L.L.C., a
      subsidiary of the Company, since 1997; Office Manager with Real Estate
      Showcase from 1994-1996.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | 1999              

______________________

(1)        As of December
31, 2000
(2)        Includes service as a director of
the Company's predecessor.
(3)        Prior to January 2001, the Bank
was known as Algiers Homestead Association.

Section 16(a) Beneficial Ownership Reporting Compliance

Under
Section 16(a) of the 1934 Act, the Company's directors, officers and any persons
holding more than 10% of the Common Stock are required to report their ownership
of the Common Stock and any changes in that ownership to the Securities and
Exchange Commission (the "Commission") by specific dates. Based on
representations of its directors and officers and copies of the reports that
they have filed with the Commission, the Company believes that all of these
filing requirements were satisfied by the Company's directors and officers in
the year ended December 31, 2000, except that Eugene Harris inadvertently failed
to file a
report covering his acquisition of 100 shares of the Company's Common Stock in
November 2000. This report is in the process of being prepared and will be filed
shortly.

Item 10.     Executive Compensation.

Summary of Executive Compensation

The following table sets forth the compensation paid by the Company for the
three years ended December 31, 2000, to each person serving as the Company's
President and Chief Executive Officer in 2000 (collectively, the "Named
Executive Officers").  No other executive officer of the Company was
paid over $100,000 by the Company during 2000.



_____________

|(1) | Perquisites and other personal benefits paid to each
        Named Executive Officer in any of the years presented did not exceed the
        lesser of $50,000 or 10% of such Named Executive Officer's salary and
        bonus for that year.                                                                                                                                                                                                                                                                                  
|--- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(2) | Represents the value on May 1, 1998, the date of grant,
        of 700 shares of restricted stock awarded to Messrs. Humphrey and Minor
        under the Company's Management Retention Plan. Under this Plan, all such
        shares vest in equal 20% increments on the date of grant and each of the
        next four anniversaries of the date of grant. Prior to vesting,
        recipients of shares under the Plan are entitled to vote, and to receive
        dividends in respect of, shares awarded under the Plan.
|(3) | Represents the value of the shares as of year end
        ($7.625, $7.00 and $11.00 per share, respectively) allocated to the
        accounts of Messrs. Humphrey, Jr. and Minor under the Algier's Bancorp,
        Inc. Employee Stock Ownership Plan for the years ended December 31,
        2000, 1999 and 1998. For each of these years, Mr. Humphrey was allocated
        79, 2,414 and 1,519 shares, respectively, and Mr. Minor was allocated
        995, 1,049 and 0 shares, respectively.                           
|(4) | Mr. Humphrey, Jr. resigned as Chairman of the Board,
        President and Chief Executive Officer in March 2000.                                                                                                                                                                                                                                                                                                                                                                                                                 
|(5) | Mr. Minor served as Acting President and Chief
        Executive Officer from March 2000 to November 2000.                                                                                                                                                                                                                                                                                                                                                                                                                        
|(6) | Mr. Harris served as the Acting President
        and Chief Executive Officer of the Company from November 2000 to March 2001, at which
        time he became President and Chief Executive Officer.                                                                                                                                                                                                                                                                                                                             

Employment Agreements

The
  Company and the Bank (collectively, the "Employers") entered
  into an employment agreement with Mr. Humphrey, Jr. in connection with the
  conversion of the Bank from mutual to stock form on July 8, 1996. This
  employment agreement was in effect from that time until Mr. Humphrey, Jr.'s
  resignation as the Company's Chairman of the Board, President and Chief
  Executive Office in March 2000. Under that agreement, the Employers agreed to
  employ Mr. Humphrey, Jr. for a term of three years at an initial salary of
  $53,760. At least 30 days prior to each annual anniversary date of the
  employment agreement, the Boards of Directors of the Company and the Bank could determine whether or not to extend the term of the agreement
  for one additional year. Any party to the agreement could choose not to extend
  the agreement for an additional year by providing written notice at least 30
  days prior to any annual anniversary date. Prior to his resignation, Mr.
  Humphrey, Jr.'s agreement had been extended to July 7, 2001. Upon Mr.
  Humphrey, Jr.'s resignation, the agreement was terminated without any further
  liability on the part of the Company.

Compensation of Directors

Each
  non-employee member of the Board of Directors of the Company receives $300 for
  each Board meeting attended. Directors do not receive any fees for attendance
  at committee meetings.

Members
  of the Board may also participate in the Company's Management Retention and
  Recognition Plan, pursuant to which restricted shares of Common Stock may be
  awarded to directors and key employees. Shares issued under the Plan generally
  vest in equal 20% increments on the date of the grant and each of the next
  four anniversaries of the date of grant. Prior to vesting, participants under
  the Plan are entitled to vote, and to receive dividends in respect of, shares
  awarded under the Plan.

Item 11.     Security Ownership of Certain Beneficial
  Owners and Management.

The
  following table sets forth, as of December 31, 2000, certain information as to
  the Common Stock beneficially owned by (i) each person or entity, including
  any "group" as that term is used in Section 13(d)(3) of the
  Securities Exchange Act of 1934, as amended ("1934 Act"), who or
  which was known to the Company to be the beneficial owner of more than 5% of
  the issued and outstanding Common Stock, (ii) the directors and Named
  Executive Officers of the Company, and (iii) all directors and executive
  officers of the Company as a group. Unless otherwise indicated, the Company
  believes that the shareholders listed below have sole investment and voting
  power with respect to their shares.



|Name and Address of Beneficial Owner                                                                                                                                              | Amount and Nature of Beneficial Owner(1) | Percent ofClass
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------- | ---------------
|                                                                                                                                                                                  |                                          |                
|Algiers Bancorp, Inc.
      Employee Stock Ownership Plan Trust
      Messrs. Dang and Minor, trustees
           #1 Westbank Expressway
           New Orleans, Louisiana 701144 | 49,802(2)                                | 9.8%           
|First Financial Fund, Inc.
           Gateway Center Three
           100 Mulberry Street, 9th Floor
           Newark, New Jersey 07102-7503                                     | 34,600(3)                                | 6.8%           
|Riggs Partners LLC
           3945 Central Avenue
           Western Springs, Illinois 60558                                                                                      | 42,000(4)                                | 8.3%           
|Thomson, Horstmann & Bryant, Inc.
          Park 80 West, Plaza Two
          Saddle Brook, New Jersey 07663                                                                      | 25,800(5)                                | 5.1%           
|Tontine Financial Partners, L.P.
      Tontine Management , L.L.C.
      Jeffrey L. Gendell
          200 Park Avenue, Suite 3900
          New York, New York 10166              | 49,500(6)                                | 9.8%           
|Thomas L. Arnold, Sr.                                                                                                                                                             | 275(7)                                   | *              
|Thu Dang                                                                                                                                                                          | 2,675(8)(9)                              | *              
|John H. Gary, III                                                                                                                                                                 | 15,175(9)(10)                            | 3.0%           
|Eugene J. Harris                                                                                                                                                                  | 100                                      | *              
|Francis M. Minor                                                                                                                                                                  | 1,951(11)                                | *              
|Janice H. Ray                                                                                                                                                                     | 3,800                                    | *              
|Hugh E. Humphrey, III                                                                                                                                                             | 7,045(12)                                | 1.4%           
|Hugh E. Humphrey, Jr.                                                                                                                                                             | 28,791(13)                               | 5.7%           
|All directors and executive
      officers of the Company and the Bank as a group (7 persons)                                                                                     | 31,021 (14)                              | 6.1%           



|*    | Represents less than 1% of the outstanding Common Stock.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|---- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|(1)  | Based upon filings made pursuant to the 1934 Act and
      other information known to the Company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|(2)  | The Algiers Bancorp, Inc. Employee Stock Ownership Plan
      Trust (the "Trust") was established pursuant to the Algiers
      Bancorp, Inc. Employee Stock Ownership Plan (the "ESOP") by an
      agreement between the Company and Messrs. Dang and Minor, who act
      as trustees of the plan (the "Trustees"). As of December 31,
      2000, 26,689 shares of Common Stock held in the Trust were unallocated and
      23,113 shares had been allocated to the accounts of participating
      employees or released for such allocation. Under the terms of the ESOP,
      the Trustees must vote the allocated shares held in the ESOP in accordance
      with the instructions of the participating employees. Unallocated shares
      held in the ESOP will be voted by the ESOP Trustees in the same proportion
      for and against proposals to stockholders as the ESOP participants and
      beneficiaries actually vote shares of Common Stock allocated to their
      individual accounts. Any allocated shares that either abstain on a
      proposal or are not voted will be disregarded in determining the
      percentage of stock voted for and against each proposal by the
      participants and beneficiaries. The amount of Common Stock beneficially
      owned by directors and executive officers who serve as trustees of the
      ESOP and by all directors and executive officers as a group does not
      include the shares held by the Trust, except for the shares actually
      allocated to the accounts of the executive officers.
|(3)  | First Financial Fund, Inc., an investment company, has
      the sole power to vote or to direct the vote of the referenced shares.
      Wellington Management Company, LLP, whose business address is 75 State
      Street, Boston, Massachusetts 02109, is an investment advisor to First
      Financial Fund, Inc. and claims shared dispositive power with respect to
      the shares owned by First Financial Fund, Inc.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|(4)  | Riggs Partners LLC ("Riggs") is an Illinois
      limited liability company. Philip J. Timyan is the managing member of
      Riggs.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|(5)  | Thomas Horstmann & Bryant, Inc. ("THB") is
      a Delaware corporation and an investment adviser registered under Section
      203 of the Investment Advisers Act of 1940.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
|(6)  | The shares are owned of record by Tontine Financial
      Partners, L.P. ("TFP"). TFP is a Delaware limited partnership,
      and Tontine Management, L.L.C. ("TM") is a Delaware limited
      liability company and the general partner of TFP. Jeffrey L. Gendell is
      the Managing Member of TM. In such capacities, TFP, TM and Mr. Gendell
      share voting and dispositive power with respect to the shares owned of
      record by TFP.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
|(7)  | Includes 70 shares as to which Mr. Arnold has voting
      power, but does not have dispositive power.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
|(8)  | Includes 70 shares as to which Mr. Dang has voting power,
      but does not have dispositive power.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|(9)  | All shares are owned jointly with the named person's
      spouse.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
|(10) | Includes 70 shares as to which Mr. Gary has voting power,
      but does not have dispositive power.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       
|(11) | Includes 1,226 shares allocated to Mr. Minor's account in
      the ESOP and 280 shares as to which Mr. Minor has voting power, but does
      not have dispositive power.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 
|(12) | Includes 1,000 shares held in a trust for Mr. Humphrey's
      minor daughter, for which Mr. Humphrey is the trustee, and 3,581 shares
      allocated to Mr. Humphrey's account in the ESOP.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              
|(13) | Includes 9,335 shares held by Mr. Humphrey Jr.'s spouse, which may be
      deemed to be beneficially owned by Mr. Humphrey, Jr., and 3,756 shares
      allocated to Mr. Humphrey, Jr.'s account in the ESOP.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|(14) | Includes 4,807 shares allocated to the officer's
      accounts in the Company's ESOP and 490 shares as to which the
      respective owners of such shares have voting power, but do not have
      dispositive power.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    

Item 12.     Certain Relationships and Related
Transactions.

The estate
of the late Mr.
Humphrey, Jr., the former President and Chief Executive Officer of the Company, and his wife own the Company's main office building and
lease the building to the Company. Prior to April 1, 1996, the lease was for a
30-year term expiring in September 1997, and the rent was $33,000 per year,
subject to increase to $82,000 per year at the discretion of the late Mr. Humphrey, Jr.
Effective April 1, 1996, the Company entered into a new 10 - year lease with the
late Mr.
Humphrey, Jr. and his spouse, and the rent is $45,000 for the first five years
of the new lease. The rent will increase during the second five years of the new
lease at a rate equal to the rate of increase in the consumer price index, but
the rent will not decrease if the consumer price index decreases. The new lease
may be renewed at the Company's option for two additional 10 - year periods. Under
both the old lease and the new lease, the Company pays all taxes, insurance and
maintenance costs.

Harold A.
Buchler, Jr., a partner in the law firm of Buchler & Buchler, is the
brother-in-law of Mr. Humphrey, III and Mrs. Ray, and the son-in-law of the late
Mr.
Humphrey, Jr. During 2000, Buchler & Buchler received an annual retainer of
$12,000from the Company, and approximately $7,785 in connection with
real estate loan closings. Most of the closing fees were paid by the borrowers
rather than the Company.

Management
believes that the above transactions were on terms at least as favorable to the
Company as could be obtained from unaffiliated third parties.

Indebtedness of Management

The Bank,
in the ordinary course of business, makes available to its directors, officers
and employees mortgage loans on their primary residences and other types of
loans. Such loans are made on the same terms as comparable loans to other
borrowers. It is the belief of management that these loans neither involve more
than the normal risk of collectibility nor present other unfavorable features.
At December 31, 2000, the Bank's outstanding loans to directors and executive
officers of the Bank, or members of their immediate families, totaled
approximately $49,825.

SIGNATURES

In
accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.



| | ALGIERS BANCORP, INC.                
| | -------------------------------------
| |                                      
| |                                      
| | By:/S/
      EUGENE J. HARRIS        
| | Eugene J. Harris                     
| | President and Chief Executive Officer



Date: April 30, 2001