Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  GROSS NEAL R
2. Date of Event Requiring Statement (Month/Day/Year)
10/22/2008
3. Issuer Name and Ticker or Trading Symbol
EAGLE BANCORP INC [EGBN]
(Last)
(First)
(Middle)
NEAL R GROSS & CO INC, 1323 RHODE ISLAND AVE NW
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

WASHINGTON, DC 20005
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 97,546
D
 
Common Stock 250,606
I
By IRA for self
Common Stock 54,928
I
By spouse
Common Stock 322,148
I
By LLC of which reporting person & spouse are managing members/trust for family members is a member
Common Stock 8,030
I
By spouse's Defined Benefit Pension Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-ISO under 2006 Stock Plan 01/16/2008 01/15/2013 Common Stock 458 $ 11.87 D  
Non-ISO under 2006 Stock Plan 01/16/2009 01/15/2013 Common Stock 458 $ 11.87 D  
Non-ISO under 2006 Stock Plan 01/16/2010 01/15/2013 Common Stock 459 $ 11.87 D  
Non-ISO under 1998 Stock Option Plan 02/28/2004 02/27/2014 Common Stock 55 $ 10.57 D  
Non-ISO under 1998 Stock Option Plan 01/31/2005 01/30/2015 Common Stock 26 $ 13.25 D  
Non-ISO under 1998 Stock Option Plan 01/31/2004 01/30/2014 Common Stock 26 $ 10.22 D  
Non-ISO under 1998 Stock Option Plan 02/28/2005 02/27/2015 Common Stock 55 $ 13.87 D  
Non-ISO under 1998 Stock Option Plan 03/31/2004 03/30/2014 Common Stock 82 $ 10.55 D  
Non-ISO under 1998 Stock Option Plan 03/31/2005 03/30/2015 Common Stock 82 $ 13.68 D  
Non-ISO under 1998 Stock Option Plan 04/30/2004 04/29/2014 Common Stock 55 $ 9.38 D  
Non-ISO under 1998 Stock Option Plan 05/31/2004 05/30/2014 Common Stock 55 $ 10.03 D  
Non-ISO under 1998 Stock Option Plan 07/31/2004 07/30/2014 Common Stock 55 $ 10.41 D  
Non-ISO under 1998 Stock Option Plan 07/01/2004 06/30/2014 Common Stock 743 $ 9.69 D  
Non-ISO under 1998 Stock Option Plan 08/31/2004 08/30/2014 Common Stock 55 $ 10.63 D  
Non-ISO under 1998 Stock Option Plan 09/30/2004 09/29/2014 Common Stock 55 $ 10.22 D  
Non-ISO under 1998 Stock Option Plan 10/31/2004 10/30/2014 Common Stock 55 $ 10.22 D  
Non-ISO under 1998 Stock Option Plan 11/30/2004 11/29/2014 Common Stock 55 $ 11.03 D  
Non-ISO under 1998 Stock Option Plan 12/31/2004 12/30/2014 Common Stock 55 $ 11.03 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GROSS NEAL R
NEAL R GROSS & CO INC
1323 RHODE ISLAND AVE NW
WASHINGTON, DC 20005
  X      

Signatures

/s/ Neal R. Gross 10/31/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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