FORM 10-Q/A
                               (Amendment No. 1)


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


Mark One
[X]      QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
         SECURITIES EXCHANGE ACT OF 1934

         For the quarterly period ended December 31, 2000.

                                       OR

[ ]      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
         SECURITIES EXCHANGE ACT OF 1934


                         Commission File Number: 0-22423

                              HCB BANCSHARES, INC.
             (Exact name of registrant as specified in its charter)

              OKLAHOMA                                           62-1670792
(State or other jurisdiction of                              (I.R.S. Employer
 incorporation or organization)                             Identification No.)

237 Jackson Street, Camden, Arkansas                              71701
(Address of principal executive offices)                        (Zip Code)

       Registrant's telephone number, including area code: (870) 836-6841

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past ninety days:
                  Yes [X ] No [  ]

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock as of the latest practicable date: 2,165,724 shares of common stock
outstanding as of January 31, 2001.

                                     Page 1




                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

                                            HCB BANCSHARES, INC.
                                            Registrant



Date:    April 6, 2001                     By:  /s/ Cameron D. McKeel
                                                --------------------------------
                                                Cameron D. McKeel
                                                President and Chief
                                                Executive Officer
                                                (Duly Authorized Representative)




Date:    April 6, 2001                     By:  /s/ Scott A. Swain
                                                --------------------------------
                                                Scott A. Swain
                                                Senior Vice President and
                                                Chief Financial Officer
                                                (Principal Financial Officer)