UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission file number 0-22850
(CHECK ONE):__ Form 10-K __ Form 20-F _X_Form 11-K __ Form 10-Q __ Form N-SAR
For Period Ended: December 31, 1997
[ ]Transition Report on Form 10-K
[ ]Transition Report on Form 20-F
[ ]Transition Report on Form 11-K
[ ]Transition Report on Form 10-Q
[ ]Transition Report on Form N-SAR
For the Transition Period Ended:__________________________________-
PART I - REGISTRANT INFORMATION
JeffBanks, Inc.
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Full Name of Registrant
1845 Walnut Street
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Address of Principal Executive Office(Street and Number)
Philadelphia, PA 19103
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City, State and Zip Code
Part II - RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box appropriate)
(a) The reasons described in reasonable detail in Part III of this
| form could not be eliminated without unreasonable effort or
| expense;
| (b) The subject annual report, semi-annual report, transition report
| on Form 10-K, Form 20-F, 11-K, Form N-SAR, or portion thereof,
_X_ | will be filed on or before the fifteenth calendar day following
| the prescribed due date; or the subject quarterly report
| transition report on Form 10-Q, portion thereof will be filed on
| or before the fifth calendar day following the prescibed due
| date; and
| (c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
The Bank's personnel director Mary Ciarlone was out of the bank for an extended
period as a result of surgery. Accordingly, our certified public accountants
were unable to reconcile differences between their financial statements and the
outside service company's figures. Also the form 5500 prepared by the outside
service company was delayed in preparation by that company as a result of the
personnel director's absence.
PART IV - OTHER INFORMATION
(1)Name and telephone number of person to contact in regard to this
notification.
Paul Frenkiel (610)343-3211
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Name Telephone Number
(2)Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of
1940 during the preceding 12 months (or for such shorter) period that the
registrant was required to file such reports) been filed? If answer is no,
identify report(s). _X_ Yes ___ No
(3)Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?
___ Yes _X_ No
If so, attach an explanation of the anticipated change, both narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results can not be made.
JeffBanks, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: June 29, 1998 By:/s/Paul Frenkiel
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