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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
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.
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(Exact name of registrant as specified in its charter)
Maryland 0-28032 52-1951797
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(State or other jurisdiction (Commission (I.R.S. employer
of incorporation) file number) identification no.)
1301 Merritt Boulevard, Dundalk, Maryland 21222-2194
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(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code:(410)285-1010
Not Applicable
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(Former name or former address, if changed since last report)
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Item 4. Changes in Registrant's Certifying Accountant.
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On March 11, 1998, Patapsco Bancorp, Inc. (the
"Registrant"), with the approval of the Board of Directors,
determined to dismiss the Registrant's independent public
auditors, KPMG Peat Marwick LLP, and to engage Anderson
Associates, LLP. KPMG Peat Marwick LLP's reports on the
financial statements of the Registrant for the past two fiscal
years did not contain any adverse opinion or disclaimer of
opinion, nor were they qualified or modified as to
uncertainty, audit scope or accounting principles. During the
two most recent fiscal years and the interim period through
March 11, 1998 (the date of dismissal), there have not been any
disagreements between the Registrant and KPMG Peat Marwick LLP
on any matter of accounting principles or practices,
consolidated financial statement disclosure or audit scope or
procedure.
Anderson Associates, LLP has been engaged as the
Registrant's independent public auditors effective immediately.
The Registrant has not requested or obtained any advice from
Anderson Associates, LLP concerning any material accounting,
auditing or financial reporting issue regarding the application
of accounting principles to a specified transaction or the type
of audit opinions that might be rendered on the Registrant's
consolidated financial statements.
A copy of a letter from KPMG Peat Marwick LLP in response
to this item will be filed by amendment to this Form 8-K.
Item 7. Financial Statements, Pro Forma Financial Information
and Exhibits.
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Exhibit 16 Letter From KPMG Peat Marwick LLP, the
Registrant's Former Accountant
(to be filed by amendment)
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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 17, 1998 By: /s/ Joseph J. Bouffard
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Joseph J. Bouffard
President
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