UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE SC 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)
MONOCACY BANCSHARES, INC.
-------------------------
(Name of Issuer)
Common Stock Par value $5.00 per share
--------------------------------------
(Title of Class of Securities)
609 753 108
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(CUSIP Number)
Check the following box if a fee is being paid with this
statement [ ]. (A fee is not required only if the filing person:
(1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of
such class.) (See Rule 13d-7)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).
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Page 2 of 6 Pages
CUSIP No. 609 753 108
13G
1) Names of Reporting Persons S.S. or I.R.S. Identification Nos.
of Above Persons
Jacob M. Yingling
2) Check the Appropriate Box if a Member of a Group (See
Instructions)
(a) [ ]
(b) [ ]
3) SEC Use Only
4) Citizenship or Place of Organization
Maryland, U.S.A.
Number of Shares (5) Sole Voting Power
Beneficially
Owned by Each 76,194.0000
Reporting
Person With (6) Shared Voting Power
0
(7) Sole Dispositive Power
76,194.0000
(8) Shared Dispositive Power
0
9) Aggregate Amount Beneficially Owned by Each Reporting Person
76,194.0000
10) Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares*
11) Percent of Class Represented by Amount in Row 9
5.19%
12) Type of Reporting Person*
In
*SEE INSTRUCTION BEFORE FILLING OUT!
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Page 3 of 6 Pages
Reporting Person
- ----------------
SCHEDULE 13G
------------
Filed by: Jacob M. Yingling
With: Securities and Exchange Commission
Washington, DC 20594
Calendar Year
Covered: 1996
Item 1(a) Name of Issuer:
---------------
Monocacy Bancshares, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
------------------------------------------------
222 East Baltimore Street
Taneytown, MD 21787
Item 2(a) Name of Person Filing:
---------------------
Jacob M. Yingling
Item 2(b) Address of Principal Business Office or, if none,
Residence:
-------------------------------------------------
24 Kalten Road
Westminster, MD 21158
Item 2(c) Citizenship:
------------
Maryland, U.S.A.
Item 2(d) Title of Class of Securities:
-----------------------------
Common Stock, par value $5.00 per share
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Page 4 of 6 Pages
Item 2(e) CUSIP Number: 609 753 108
Item 3. If this statement is filed pursuant to Rules
13d-1(b), or 13d-2(b), check whether the person
filing is a: Not Applicable.
(a) [ ] Broker or Dealer registered under Section 15 of
the Act.
(b) [ ] Bank as defined in section 3(a)(6) of the Act.
(c) [ ] Insurance Company as defined in section
3(a)(19) of the Act.
(d) [ ] Investment Company registered under section 8
of the Investment Company Act.
(e) [ ] Investment adviser registered under section 203
of the Investment Advisers Act of 1940.
(f) [ ] Employee benefit plan, pension fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund; see Section
240.13d-1(b)(1)(ii)(F).
(g) [ ] Parent holding company, in accordance with
Section 240.13d-1(b)(ii)(G) (Note: See Item 7).
(h) [ ] Group in accordance with Section
240.13d-1(b)(1)(ii)(H).
Item 4. Ownership (as of December 31, 1996)
---------
If the percent of the class owned, as of December 31 of the
year covered by the statement, or as of the last day of any month
described in Rule 13d-1(b)(2), if applicable, exceeds five
percent, provide the following information as of that date and
identify those shares which there is a right to acquire.
(a) Amount Beneficially Owned: 76,194.0000
shares of Common Stock, par value $5.00 per share.
(b) Percent of Class: 5.19%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the
vote 76,194.0000
-----------
(ii) shared power to vote or to direct the vote
0
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(iii) sole power to dispose or to direct the
disposition of: 76,194.0000
-----------
(iv) shared power to dispose or to direct the
disposition of: 0
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Page 5 of 6 Pages
Item 5. Ownership of Five Percent or Less of a Class:
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ ]. Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of
Another Person.
Not Applicable
Item 7. Identification and Classification of the
Subsidiary Which Acquired the Security Being
Reported on By the Parent Holding Company.
Not Applicable
Item 8. Identification and Classification of Members of the
Group:
Not Applicable
Item 9. Notice of Dissolution of Group:
Not Applicable
Item 10. Certification
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the Issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purposes or effect.
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Page 6 of 6 Pages
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Date: February 6, 1997
/s/ Jacob M. Yingling
---------------------
Jacob M. Yingling
:67419
