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

~~Date of Report (Date of earliest event report): April 27, 2021~~

~~Severn~~Date ~~Bancorp,~~of ~~Inc.~~Report (Date of earliest event report): May 25, 2021

~~(Exact name of registrant as specified in its charter)~~

Severn Bancorp, Inc.

(Exact name of registrant as specified in its charter)


Maryland	0-49731	52-1726127
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification Number)

200 Westgate Circle, Suite 200 Annapolis, Maryland	21401
(Address of principal executive offices)	(Zip Code)

~~410-260-2000~~

(Registrant’s telephone number, including area code)


200 Westgate Circle, Suite 200, Annapolis, Maryland		21401
(Address of principal executive offices)		(Zip Code)

~~Not Applicable~~

~~(Former name or former address, if change since last report)~~

410-260-2000

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if change since last report)

Check the appropriate box below if the Form8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $0.01 par value		SVBI		The Nasdaq Stock Market LLC


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.01 par value	SVBI	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

~~Emerging growth company ¨~~

IfEmerging ~~an emerging~~ growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨☐

~~Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year~~

~~Effective on~~If ~~April 27,~~an ~~2021,~~emerging ~~the~~growth ~~Board~~company, ofindicate ~~Directors~~by ofcheck ~~Severn~~mark ~~Bancorp, Inc.~~if (the ~~“Company”)~~registrant ~~amended~~has ~~the~~elected ~~Company’s~~not ~~Bylaws (Article II, Section 2)~~ to ~~allow~~use the ~~Board~~extended oftransition ~~Directors~~period tofor ~~choose~~complying ~~the~~with ~~date~~any tonew ~~hold~~or anrevised ~~annual~~financial ~~meeting~~accounting ofstandards ~~shareholders.~~provided ~~This~~pursuant ~~bylaw amendment will allow the Company~~ to ~~conduct~~Section ~~annual~~13(a) ~~meetings~~ of ~~shareholders no later than one year after~~ the ~~end~~Exchange ~~of its fiscal year as permitted by Nasdaq Continued Listing Standards~~Act. ~~The Amended and Restated Bylaws of the Company are filed hereto as Exhibit 3.2.~~☐

~~Item 9.01 Financial Statements and Exhibits~~

(d)	Exhibits:
3.2	Amended and Restated Bylaws of Severn Bancorp, Inc., dated as of April 27, 2021
104	Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101)

~~Pursuant~~Item to7.01 ~~the~~Regulation ~~requirements~~FD ~~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~~Disclosure.

	Severn Bancorp, Inc.
Dated: April 30, 2021	By:	/s/Vance W. Adkins
		Vance W. Adkins
		Executive Vice President & Chief Financial Officer

On May 25, 2021, Severn Bancorp, Inc. issued a press release announcing that the Board of Directors declared a cash dividend of four cents ($0.05) per share of common stock. The dividend is payable on June 15, 2021 to shareholders of record at the close of business on June 8, 2021. A copy of our press release is attached hereto as Exhibit 99.1 and hereby incorporated by reference.

Item 9.01 Financial Statements and Exhibits


(d)	Exhibits:

99.1	Press Release of Severn Bancorp, Inc., dated May 25, 2021 announcing a cash dividend.

104	Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101)

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.

	Severn Bancorp, Inc.

Dated: May 25, 2021	By:	/s/Vance W. Adkins
		Vance W. Adkins
		Executive Vice President & Chief Financial Officer

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