SECURITIES AND EXCHANGE COMMISSION
Washington D.C., 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Act of 1934
Date of Report December 13, 1994
(Date of earliest event reported)
FIRST MARYLAND BANCORP
(exact name of registrant as specified in its charter)
MARYLAND
(State or other jurisdiction of incorporation)
1-7273 52-0981378
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(Commission File Number) (IRS Employer
(Identification Number)
25 South Charles Street, Baltimore, Maryland 21201
(Address of principal executive offices) (Zip Code)
410-244-4000
(Registrant's telephone number, including area code)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) On December 13, 1994, the registrant dismissed KMPG
Peat Marwick LLP and engaged Coopers & Lybrand L.L.P. to replace
KPMG Peat Marwick LLP as the registrant's independent accountant
after the completion of the current audit for the year ended
December 31, 1994. The Audit Committee of the registrant's Board
of Directors of First Maryland Bancorp approved the selection of
Coopers & Lybrand L.L.P. as the registrant's new accountant and
the dismissal of KPMG Peat Marwick LLP.
(b) During the two most recent fiscal years and interim
periods through September 30, 1994, there were no disagreements
with KPMG Peat Marwick LLP on any matter of accounting principles
or practices, financial statement disclosures, or auditing scope
or procedure or any reportable events.
(c) KPMG Peat Marwick LLP's report for the past two years
contained no adverse opinion or disclaimer of opinion and was not
qualified or modified as to uncertainty, audit scope or accounting
principles.
(d) The registrant requested that KPMG Peat Marwick LLP
furnish it with a letter addressed to the SEC stating whether it
agrees with the above statements. A copy of KPMG Peat Marwick
LLP's letter to the SEC dated December 19, 1994 is filed as
Exhibit 16 to the Form 8-K.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.
First Maryland Bancorp
Date: December 20, 1994 By: Frank P. Bramble
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Frank P. Bramble
President and Chief Executive
Officer
Date: December 20, 1994 By: Robert W. Schaefer
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Robert W. Schaefer
Chief Financial Officer
EXHIBIT 16
KPMG Peat Marwick LLP
Certified Public Accountants
111 South Calvert Street
Baltimore, Maryland 21202
(410) 783-8300
December 19, 1994
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for First Maryland Bancorp
and, under the date of February 10, 1994, we reported on the
consolidated financial statements of First Maryland Bancorp and
subsidiaries as of December 31, 1993 and 1992 and for each of the years
in the three-year period ended December 31, 1993. On December 13, 1994,
our appointment as principal accountants was terminated after the
completion of the audit for the year ended December 31, 1994. We have
read First Maryland Bancorp's statements included under Item 4 of its
Form 8-K dated December 13, 1994, and we agree with such statements.
Very truly yours,
KPMG Peat Marwick LLP
