<PAGE>
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
Amendment No. 1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 11, 1998
PATAPSCO BANCORP, INC.
- ----------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Maryland 0-28032 52-1951797
- ----------------------------------------------------------------
(State or other jurisdiction (Commission (I.R.S. employer
of incorporation) file number) identification no.)
1301 Merritt Boulevard, Dundalk, Maryland 21222-2194
- ----------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code:(410)285-1010
Not Applicable
- ----------------------------------------------------------------
(Former name or former address, if changed since last report)
<PAGE>
<PAGE>
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
-----------------------------------------------------
Exhibit 16 Letter From KPMG Peat Marwick LLP, the
Registrant's Former Accountant
-2-<PAGE>
<PAGE>
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 hereto duly authorized.
PATAPSCO BANCORP, INC.
Date: March 30, 1998 By: /s/ Joseph J. Bouffard
-----------------------
Joseph J. Bouffard
President
-3-
[KPMG PEAT MARWICK LLP LETTERHEAD]
March 27, 1998
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Patapsco Bancorp,
Inc. and, under the date of August 1, 1997, we reported on the
consolidated financial statements of Patapsco Bancorp, Inc. as
of and for the years ended June 30, 1997 and 1996. On March 11,
1998, our appointment as principal accountants was terminated.
We have read Patapsco Bancorp, Inc.'s statements included under
Item 4 of its Form 8-K dated March 17, 1998, and we agree with
such statements, except that we are not in a position to agree
or disagree with Patapsco Bancorp, Inc.'s statement that the
change was approved by the Board of Directors or that Anderson
Associates, LLP was not engaged regarding the application of
accounting principles to a specified transaction or the type of
audit opinions that might be rendered on Patapsco Bancorp,
Inc.'s consolidated financial statements.
Very truly yours,
/s/ KPMG Peat Marwick LLP