<PAGE>
U.S. Securities and Exchange Commission
Washington, D.C. 20549
FORM 10-QSB
[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended JUNE 30, 1996
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[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
EXCHANGE ACT
For the transition period from .......to.......
Commission file number 0-23090
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Carrollton Bancorp
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(Exact name of small business issuer as
specified in its charter)
Maryland 52-1660951
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(State or other jurisdiction (IRS Employer
of incorporation or organization) Identification No.)
15 Charles Plaza, Suite 200, Baltimore, Maryland 21201-3936
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(Address of principal executive offices)
(410) 536-4600
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(Issuer's telephone number)
................................................................................
(Former name, former address and former fiscal year,
if changed since last report)
Check whether the issuer (1) filed all reports required to be filed by
Section 13 or 15(d) of the Exchange Act during the past 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 90 days. Yes X No
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APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
PROCEEDINGS DURING THE PRECEDING FIVE YEARS
Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by court. Yes No
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APPLICABLE ONLY TO CORPORATE ISSUERS
State the number shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable
date: 1,328,565 common shares outstanding at July 31, 1996
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Transitional Small Business Disclosure Format (check one):
Yes No X
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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 thereunto duly authorized.
Carrollton Bancorp
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(Registrant)
Date 10/16/96 /s/ Dallas R. Arthur
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Dallas R. Arthur
President and Chief Executive
Officer
Date 10/16/96 /s/ David L. Costello III
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David L. Costello III
Treasurer and Chief Financial
Officer
10
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EXHIBIT INDEX
Sequentially
Exhibit Numbered
Number Description Page
- ------ ------------------------- ----
27 Financial Data Schedule 13
11
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
CARROLLTON BANCORP'S FORM 10-QSB FOR THE SIX MONTHS ENDED JUNE 30,
1996 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<CASH> 17,750,229
<INT-BEARING-DEPOSITS> 100,000
<FED-FUNDS-SOLD> 0
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 71,976,985
<INVESTMENTS-CARRYING> 20,291,173
<INVESTMENTS-MARKET> 20,260,372
<LOANS> 148,216,823
<ALLOWANCE> 2,264,795
<TOTAL-ASSETS> 266,039,747
<DEPOSITS> 226,685,891
<SHORT-TERM> 11,668,990
<LIABILITIES-OTHER> 1,182,656
<LONG-TERM> 0
0
0
<COMMON> 13,285,650
<OTHER-SE> 13,216,560
<TOTAL-LIABILITIES-AND-EQUITY> 266,039,747
<INTEREST-LOAN> 6,222,763
<INTEREST-INVEST> 2,666,222
<INTEREST-OTHER> 120,375
<INTEREST-TOTAL> 9,009,360
<INTEREST-DEPOSIT> 4,002,890
<INTEREST-EXPENSE> 4,119,899
<INTEREST-INCOME-NET> 4,889,461
<LOAN-LOSSES> 72,500
<SECURITIES-GAINS> 17,526
<EXPENSE-OTHER> 4,927,529
<INCOME-PRETAX> 1,358,567
<INCOME-PRE-EXTRAORDINARY> 1,358,567
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 974,932
<EPS-PRIMARY> 0.73
<EPS-DILUTED> 0.73
<YIELD-ACTUAL> 4.35
<LOANS-NON> 110,983
<LOANS-PAST> 64,671
<LOANS-TROUBLED> 829,286
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 2,243,472
<CHARGE-OFFS> 96,112
<RECOVERIES> 44,935
<ALLOWANCE-CLOSE> 2,264,795
<ALLOWANCE-DOMESTIC> 1,554,060
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 710,735
</TABLE>
