ajhv2final13g
UNITED STATES
SECURITES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 13G

Under the Securities Exchange Act of 1934
(Amendment No.  2 )

 
              SEVERN BANCORP, INC.               
(Name of Issuer)
 
                Common Stock                 
(Title of Class of Securities)
 
                81811M100                    
(CUSIP Number)

            December 31, 2005                
(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[X ] Rule 13d-1(d)



1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Alan J. Hyatt                                    

2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)                                     
       (b)   X*                                      
      * This Reporting Person is part of a “Central Group” as determined by the
Office of Thrift Supervision but does not affirm the existence of such a group.

3. SEC Use Only                            
         

4. Citizenship or Place of Organization
    United States of America                            
 

    
    5.     Sole Voting Power:    181,9001 2       
Number of             
Shares                       6.     Shared Voting Power:  1,130,2493 4       
Beneficially             
Owned by           7.     Sole Dispositive Power:   88,900 1      
Each              
Reporting                  8.     Shared Dispositive Power:  1,130,2493 4      
Person With 

9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,312,149  

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
None            

11. Percent of Class Represented by Amount in Row (9)
15.8% 5       

12. Type of Reporting Person (See Instructions)
IN  

 

1 Alan J. Hyatt controls 19,200 shares as custodian for his children.
2 Includes 93,000 shares allocated to Mr. Hyatt as a participant in the Company’s ESOP, with respect to which Mr. Hyatt can direct the voting of such shares.
Includes 16,559 shares held by the ESOP, for which Mr. Hyatt is a co-trustee, which were not allocated to the accounts of participants as of December 31, 2005.
Includes 1,113,690 shares jointly owned by Alan J. Hyatt and his wife.
5 Based on 8,318,184 shares outstanding as of December 31, 2005.
 
 


1. Name of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Sharon G. Hyatt                                 

2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a)                                                   
(b)  X*                                          
* This Reporting Person is part of a “Central Group” as determined by the
Office of Thrift Supervision but does not affirm the existence of such a group.

3.    SEC Use Only                              
 

4. Citizenship or Place of Organization
United States of America                              

       5.  Sole Voting Power:   6,396  
Number of             
Shares   6.  Shared Voting Power:  1,113,690 1 
Beneficially             
Owned by                7.     Sole Dispositive Power:   6,396      
Each              
Reporting                 8.     Shared Dispositive Power:  1,113,6901      
Person With 

9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,120,086      

10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)
None      

 11. Percent of Class Represented by Amount in Row (9)
13.5% 2      

12. Type of Reporting Person (See Instructions)
IN   

         

1 These shares are jointly owned by Sharon G. Hyatt and her husband.
2 Based on 8,318,184 shares outstanding as of December 31, 2005.
 


Item 1.  (a) Severn Bancorp, Inc.
(b) 1919A West Street, Annapolis, Maryland 21401

Item 2.  (a) Alan J. Hyatt and Sharon G.Hyatt. The Hyatts are husband and wife.
(b) 1919A West Street, Annapolis, Maryland 21401
(c) Maryland
(d) Common
(e) 81811M100 
 
Item 3.     If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
Not Applicable

Item 4.      Ownership
 
 By Alan J. Hyatt
    (a)    1,312,149
    (b)    15.8%
    (c)    (i)       181,900
            (ii)          1,130,249
            (iii)     88,900
            (iv)   1,130,249
 For more information, see the responses to 5, 6, 7,
 8, 9 and 11 on page 2.
By Sharon G. Hyatt
    (a)    1,113,690
    (b)    13.5 %
    (c)    (i)     6,396
            (ii) 1,113,690
           (iii)        6,396
           (iv) 1,113,690
For more information, see the response to 5, 6, 7,
8, 9, and 11 on page 3.

 
Item 5.  Ownership of Five Percent or Less of a Class
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 or Control Person.
        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.
 
                     2-12-08                
                 Date
 
                            Alan J. Hyatt                    
                            Alan J. Hyatt
 
                            Sharon G. Hyatt                     
                            Sharon G. Hyatt
 

 



Exhibit A

AGREEMENT RELATING TO JOINT FILING OF SCHEDULE 13G

The undersigned hereby agree that a single Schedule 13G (or any amendment thereto) relating to the Common Stock of Severn Bancorp, Inc. shall be filed on behalf of each of the undersigned and that this Agreement shall be filed as an Exhibit to such Schedule 13G.

This Agreement and the filing of the Schedule 13G shall not be construed to be an admission that any of the undersigned is a member of a "group" consisting of one or more of such persons pursuant to Section 13(g) of the Securities Exchange Act of 1934, as amended and the rules thereunder.

Dated: February _12__, 2006
 
                            Alan J. Hyatt                    
Alan J. Hyatt  
 
                            Sharon G. Hyatt                     
Sharon G. Hyatt