SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G/A
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Monocacy Bancshares, Inc.
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(Name of Issuer)
Common Stock, $5.00 par value
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(Title of Class of Securities)
609 753 108
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(CUSIP Number)
Page 1 of 4 Pages
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CUSIP No. 609 753 108 Page 2 of 4 Pages
1. NAME 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 (a)[ ]
(b)[ ]
Not applicable
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
NUMBER OF 5. SOLE VOTING POWER 3,813
SHARES
BENEFICIALLY 6. SHARED VOTING POWER None
OWNED BY
7. SOLE DISPOSITIVE POWER 3,813
EACH
REPORTING 8. SHARED DISPOSITIVE POWER None
PERSON WITH
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,813
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [x]
Does not include 854 shares beneficially owned individually by spouse as to
which reporting person disclaims beneficial ownership.
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.23%
12. TYPE OF REPORTING PERSON* IN
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CUSIP No. 609 753 108 Page 3 of 4 Pages
ITEM 1(A). NAME OF ISSUER:
Monocacy Bancshares, Inc.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
222 East Baltimore Street
Taneytown, Maryland 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, Maryland 21158
ITEM 2(C). CITIZENSHIP:
United States
ITEM 2(D). TITLE OF CLASS OF SECURITIES.
Common Stock, $5.00 par value of Monocacy Bancshares, Inc.
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 FILING PERSON IS A:
(a) [ ] Broker or dealer registered under Section 15 of the Act,
(b) [ ] Bank as defined in Section 3(a)(60) 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 13d-1(b)(1)(ii)(F),
(g) [ ] Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G); see Item 7,
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
Not applicable.
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CUSIP No. 609 753 108 Page 4 of 4 Pages
ITEM 4. OWNERSHIP
Not applicable.
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
[x].
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.
Not applicable.
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.
January ___ 1998 /s/ Jacob M. Yingling
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Jacob M. Yingling
