AMERICAN STATES FINANCIAL CORP 10-Q

QUARTERLY REPORT DATED 6-30-97

AMENDED BY-LAWS

AMENDMENT TO PROFIT SHARING PLAN

INCENTIVE AGREEMENT: R.A. ANKER

INCENTIVE AGREEMENT: J.R. COFFIN

INCENTIVE AGREEMENT: J.T. GALLOGLY

INCENTIVE AGREEMENT: D.N. HAFLING

INCENTIVE AGREEMENT: T.R. KAEHR

INCENTIVE AGREEMENT: W.J. LAWSON

INCENTIVE AGREEMENT: T.M. OBER

INCENTIVE AGREEMENT: H.R. SIMPSON

INCENTIVE AGREEMENT: T.R. STEPHENSON

INCENTIVE AGREEMENT: J.E. STODDARD-SMITH

INCENTIVE AGREEMENT: R.K. YOUNG

COMPUTATIONS OF EARNINGS PER SHARE

FINANCIAL DATA SCHEDULE