FORM 3 U.S. Securities and Exchange Commission
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1.Name and Address of Reporting Person* 2. Date of Event 4.Issuer Name and Ticker or Trading Symbol
Requiring Statement
(Month/Day/Year)
Gary Bell 01/2001 Ameri-First Financial Group, Inc. "AMFS"
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3. IRS or Social Security 5.Relationship of Reporting 6.If Amendment, 7.Individual or
Number of Reporting Person to Issuer (Check all applicable) Date of Original Joint Group Filing
Person (Voluntary) x Director (Month/Day/Year) (Check applicable line)
------
10% Owner X Form filed by one
------ ----reporting person
x Officer (give Other title below) ----Form filed by more than
------ one reporting person
(Specify below)
President and Director
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(Street)
6060 N. Central Expressway
Suite 560 #7
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(City) Dallas (State) Table I - Non-Derivative Securities Beneficially Owned
(Zip)
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1. Title of Security 2.Amount of Securities 3. Ownership Form: 4. Nature of Indirect
(Instr. 4) Beneficially Owned Direct (D) or Indirect (I) Beneficial Ownership
(Instr. 4) (Instr. 5) (Instr. 5)
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Common Stock 80,000 I Owned by Covenant Financial Corporation, of which
Mr. Bell serves as President and Director
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the Form is filed by more than one Reporting Person, see Instruction
5(b)(v). (Over)
Table II - Derivative Securities Beneficially Owned (e.g. puts, calls, warrants,
options, convertible securities)
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1.Title of Derivative 2.Date Exercisable and 3.Title and Amount of 4. Conversion or 5.Ownership 6. Nature of
Security (Instr. 4) Expiration Date Securities Underlying exercise Price Form of Indirect
(Month/Day/Year) Derivative Security of Derivative Derivative Beneficial
(Instr. 4) Security Security: Ownership
Direct (D) or (Instr. 5)
Indirect (I)
(Instr. 5)
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Amount or
Date Expiration Title Number of
Exercisable Date Shares
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Explanation of Responses:
/s/ Gary Bell
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**Signature of Reporting Person
Date
Note:File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).