EXHIBIT 13
                        ANNUAL REPORT TO SECURITY HOLDERS


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                            Anderson Associates, LLP

                          Certified Public Accountants
                                 7621 Fitch Lane
                            Baltimore, Maryland 21236
                                  410-882-8050

                          Independent Auditor's Report



The Board of Directors
Wyman Park Bancorporation, Inc.
Lutherville, Maryland


We have audited the accompanying  consolidated statements of financial condition
of Wyman Park Bancorporation, Inc. and Subsidiaries as of June 30, 1998, and the
related consolidated  statements of income,  stockholders' equity and cash flows
for the year ended June 30, 1998. These  consolidated  financial  statements are
the  responsibility  of  Wyman  Park  Bancorporation,   Inc.'s  management.  Our
responsibility  is  to  express  an  opinion  on  these  consolidated  financial
statements based on our audit. The consolidated statement of financial condition
of Wyman Park Bancorporation,  Inc. and Subsidiaries as of June 30, 1997 and the
related statements of income,  stockholders'  equity and cash flows for the year
ended June 30, 1997 were audited by other auditors whose report,  dated July 18,
1997, expressed on those statements an unqualified opinion.

We conducted our audit in accordance with generally accepted auditing standards.
Those standards  require that we plan and perform the audit to obtain reasonable
assurance  about  whether  the  consolidated  financial  statements  are free of
material  misstatement.  An audit includes examining,  on a test basis, evidence
supporting the amounts and disclosures in the consolidated financial statements.
An audit also includes assessing the accounting  principles used and significant
estimates  made by  management,  as well as  evaluating  the  overall  financial
statement  presentation.  We believe that our audit provides a reasonable  basis
for our opinion.

In our opinion, the consolidated  financial statements referred to above present
fairly, in all material respects,  the consolidated  financial position of Wyman
Park   Bancorporation,   Inc.  and  Subsidiaries  at  June  30,  1998,  and  the
consolidated results of their operations and their cash flows for the year ended
June 30, 1998, in conformity with generally accepted accounting principles.


/s/ Anderson Associates, LLP

July 24, 1998
Baltimore, Maryland


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                                     Wooden
                                    & Benson
                                    Chartered
                          Certified Public Accountants



                          Independent Auditors' Report


The Board of Directors
Wyman Park Federal Savings and Loan
  Association and Subsidiary
Lutherville, Maryland


     We have  audited the  accompanying  consolidated  statements  of  financial
condition of Wyman Park Federal  Savings and Loan  Association and Subsidiary as
of June 30, 1997 and 1996 and the related consolidated statements of operations,
equity and cash flows for the years then ended.  These financial  statements are
the  responsibility of the Association's  management.  Our  responsibility is to
express an opinion on these financial statements based on our audits.

     We conducted  our audits in accordance  with  generally  accepted  auditing
standards. Those standards require that we plan and perform the audits to obtain
reasonable assurance about whether the financial statements are free of material
misstatement.  An audit includes examining, on a test basis, evidence supporting
the amounts and disclosures in the financial statements.  An audit also includes
assessing the  accounting  principles  used and  significant  estimates  made by
management,  as well as evaluating the overall financial statement presentation.
We believe that our audits provide a reasonable basis for our opinion.

     In our opinion,  the consolidated  financial  statements  referred to above
present fairly, in all material respects, the consolidated financial position of
Wyman Park Federal  Savings and Loan  Association  and Subsidiary as of June 30,
1997 and 1996, and the  consolidated  results of their operations and their cash
flows for the years then ended, in conformity with generally accepted accounting
principles.


/s/ Wooden & Benson

July 18, 1997
Baltimore, Maryland