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):
November 10, 1999
HARBOR BANKSHARES CORPORATION
(Exact name of registrant as specified in its charter)
Maryland 0-20990 52-1786341
(State of (Commission (IRS Employer
Incorporation File Number) Identification No.)
25 West Fayette Street
Baltimore, Maryland 21201
(Address of principal executive offices) (Zip Code)
(410) 528-1800
(Registrant's telephone number)
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Item 4. Changes in Registrant's Certifying Accountant.
Harbor Bankshares Corporation (the "Company") has engaged the firm of
Stegman & Company, Baltimore, Maryland, as its new independent accountants. The
decision to hire new independent accountants was approved by the Company's Board
of Directors on November 10, 1999. Previously, PricewaterhouseCoopers LLP served
as the independent accountants for the Company. Stegman & Company will complete
the audit for the fiscal year ending December 31, 1999.
During the two most recent fiscal years and the subsequent interim
period, the Company has not consulted Stegman & Company regarding any matter
described in Item 304(a)(2) of Regulation S-K.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
None.
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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.
Date: November 17, 1999 HARBOR BANKSHARES CORPORATION
By: /s/Teodoro J. Hernandez
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Teodoro J. Hernandez
Treasurer
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