lhyatt13g09.htm

UNITED STATES
SECURITES AND EXCHANGE COMMISSION

Washington, D.C.  20549


FORM 13G

Under the Securities Exchange Act of 1934
(Amendment No. 6 )


SEVERN BANCORP, INC.
         (Name of Issuer)

Common Stock
(Title of Class of Securities)


 81811M100
(CUSIP Number)


December 31, 2009
(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).
Louis 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:                                                 993,463                                                                
    Number of                      
    Shares                    6.           Shared Voting Power:                                              80,520 1 2                                                                
    Beneficially                      
    Owned by              7.           Sole Dispositive Power:                                            993,463                                                                
    Each                      
    Reporting               8.           Shared Dispositive Power:                                         80,520 1 2                                                                
    Person With

9.         Aggregate Amount Beneficially Owned by Each Reporting Person
             1,073,983                                                                                                

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)
        10.6% 3                                                                                                                                

12.       Type of Reporting Person (See Instructions)
     IN                                                                                                                     

 
 

1 These shares are jointly owned by Mr. Louis Hyatt and his wife.
2  Includes 18,750 shares of common stock issuable upon the conversion of Series A Non-cumulative Convertible Preferred Stock (“Series
    A Preferred Stock”) held by Mr. Louis Hyatt and his wife.
3  Based on 10,066,679 shares outstanding as of December 31, 2009 and shares that would be outstanding upon the conversion of Series A
    Preferred Stock owned by Mr. Louis Hyatt and his wife.


Item 1.            (a)           Severn Bancorp, Inc.
(b)           200 Westgate Circle, Suite 200, Annapolis, Maryland  21401

Item 2.            (a)           Louis Hyatt
(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
(a)           1,073,983
(b)           10.6%
(c)           (i)           993,463
   (ii)             80,520
  (iii)           993,463
  (iv)             80,520

For more information, see the responses to 5, 6, 7, 8, 9, and 11 on page 2.


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 3, 2010                  
 
Date

 
/s/  Louis Hyatt                           
 
Louis Hyatt