PATAPSCO VALLEY BANCSHARES INC
15-12G, 2000-01-03
STATE COMMERCIAL BANKS
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                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549
                                ------------

                                  FORM 15

Certification and Notice of Termination of Registration under Section 12(g)
    of the Securities Exchange Act of 1934 or Suspension of Duty to File
 Reports Under Sections 13 and 15(d) of the Securities Exchange Act of 1934.

                       Commission File Number 0-24887

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

                        8593 BALTIMORE NATIONAL PIKE
                       ELLICOTT CITY, MARYLAND 21043
                               (410) 465-0900
       (Address, including zip code, and telephone number, including
          area code, of registrant's principal executive offices)

           Common Stock, par value $0.01 per share (Title of each
                 class of securities covered by this Form)

                                    None
       (Titles of all other classes of securities for which a duty to
             file reports under section 13(a) or 15(d) remains)


       Please place an X in the box(es) to designate the appropriate rule
provision(s) relied upon to terminate or suspend the duty to file reports:

       Rule 12g-4(a)(1)(i)    (x)           Rule 12h-3(b)(1)(i)    ( )
       Rule 12g-4(a)(1)(ii)   ( )           Rule 12h-3(b)(1)(ii)   ( )
       Rule 12g-4(a)(2)(i)    ( )           Rule 12h-3(b)(2)(i)    ( )
       Rule 12g-4(a)(2)(ii)   ( )           Rule 12h-3(b)(2)(ii)   ( )
                                            Rule 15d-6             ( )

Approximate number of holders of record as of certification or notice date:
None.

Pursuant to the requirements of the Securities Exchange Act of 1934, F&M
Bancorp, as successor issuer to Patapsco Valley Bancshares, Inc., has
caused this certification/notice to be signed on its behalf by the
undersigned duly authorized person.


Date:  January 3, 2000             By:  /s/ Gordon M. Cooley
                                       --------------------------------
                                       Gordon M. Cooley
                                       Secretary and General Counsel




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