ajh13g06
UNITED
STATES
SECURITES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
13G
Under
the Securities Exchange Act of 1934
(Amendment
No. 3 )
SEVERN
BANCORP, INC.
(Name
of
Issuer)
Common
Stock
(Title
of
Class of Securities)
81811M100
(CUSIP
Number)
December
31, 2006
(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:
202,188 12
Number
of
Shares
6. Shared
Voting Power: 1,234,507
34
Beneficially
Owned
by 7. Sole
Dispositive Power:
97,790 1
Each
Reporting
8. Shared
Dispositive Power: 1,234,5073
4
Person
With
9. Aggregate
Amount Beneficially Owned by Each Reporting Person
1,436,695
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)
15.7% 5
12. Type
of
Reporting Person (See Instructions)
IN
1
Alan J. Hyatt controls 21,120 shares as custodian for his
children.
2
Includes 104,398 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.
3
Includes 9,448 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,
2006.
4
Includes 1,225,059 shares jointly owned by Alan J. Hyatt and his
wife.
5Based
on 9,150,850 shares outstanding as of December 31, 2006.
NOTE:
All amounts reflect a 10% stock dividend declared February 21, 2006 to
shareholders of record as of March 28, 2006.
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: 7,035
Number
of
Shares
6. Shared
Voting Power: 1,225,059 1
Beneficially
Owned
by
7. Sole
Dispositive Power:
7,035
Each
Reporting
8. Shared
Dispositive Power: 1,225,059
1
Person
With
9. Aggregate
Amount Beneficially Owned by Each Reporting Person
1,232,094
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 9,150,850 shares outstanding as of December 31, 2006.
NOTE:
All amounts reflect a 10% stock dividend declared February 21, 2006 to
shareholders of record as of March 28,
2006.
Item
1. (a) Severn
Bancorp, Inc.
(b) 200
Westgate Circle, Suite 200, Annapolis, Maryland 21401
Item
2. (a) Alan
J.
Hyatt and Sharon G.Hyatt. The Hyatts are husband and wife.
(b) 200
Westgate Circle, Suite 200, 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) 1,436,695
(b) 15.7%
(c) (i) 202,188
(ii)
1,234,507
(iii)
97,790
(iv)
1,234,507
For
more information, see the responses to 5, 6, 7, 8, 9, and 11 on page
2.
|
By
Sharon G. Hyatt
(a) 1,232,094
(b) 13.5%
(c) (i)
7,035
(ii)
1,225,059
(iii)
7,035
(iv)
1,225,059
For
more information, see the responses 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.
February
1, 2007
Date
Alan
J.
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.
February
1,
2007
Date
Alan J. Hyatt
Sharon G. Hyatt