UNITED STATES
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
<TABLE>
<S> <C> <C> <C>
Date of Report (Date of earliest event reported) October 06, 1997 (October 1, 1997)
--------------------------------------
</TABLE>
Union National Bancorp, Inc.
Maryland 000-22523 52-1862338
(State or other jurisdiction of (Commission (IRS Employer
Incorporation or Organization) file number) Identification No.)
117 East Main Street, Westminster, Maryland 21157
(Address of Principal Executive Office) (Zip Code)
Registrant's telephone number, including area code (410) 848-7200
----------------------------
<PAGE>
Item 4: Changes in Registrant's Certifying Accountant
On October 1, 1997, Union National Bancorp, Inc., engaged
Keller Bruner and Company, L.L.C. in place of its independent public accountant,
Stegman & Company, on recommendation and approval of the Finance and Control
Committee, which action was ratified by the full Board of Directors, after an
extensive review and analysis of proposals submitted by three accounting firms.
Stegman & Company was not dismissed as the result of any disagreement. The
reports of Stegman & Company on the Financial Statements of the Registrant for
each of the two fiscal years in the period ended December 31, 1996, did not
contain any adverse opinion or disclaimer of opinion and were not qualified or
modified as to uncertainty, auditing scope or accounting principles. During the
two fiscal years in the period ended December 31, 1996, and the subsequent
interim periods preceding such dismissal, there were no disagreements on any
matter of accounting principles or practices, financial statement disclosure, or
auditing scope or procedure or any reportable event.
Item 7: Financial Statements, Proforma Financial Information and Exhibits:
(c) Exhibits:
(16) Letter reason change in certifying accountant
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 hereunto duly authorized.
Date: October 6, 1997 Union National Bancorp. Inc.
/s/ Virginia W. Smith
--------------------------------
Virginia W. Smith, President and
Chief Executive Officer
<PAGE>
October 6, 1997
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Union National Bancorp, Inc. and,
under the date of January 8, 1997, we reported on the consolidated financial
statements of Union National Bancorp, Inc. and Subsidiary as of December 31,
1996 and 1995 and for each of the years in the three-year period ended December
31, 1996. On October 1, 1997, our appointment as principal accountants was
terminated. We have read Union National Bancorp, Inc.'s statements included
under Item 4 of its Form 8-K dated October 1, 1997, and we agree with such
statements.
Very truly yours,
/s/ Stegman & Company
----------------------------
Stegman & Company
C70934.171 R
2:10/6/97
<PAGE>
