<PAGE>
                       SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 29549

                                    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 reported): February 29, 1996

                          FCNB Corp
-------------------------------------------------------------------------------
     (Exact name of registrant as specified in its charter)

    Maryland                     0-15645                     52-1479635
-------------------------------------------------------------------------------
(State or other             (Commission File                (IRS Employer 
jurisdiction  of                  Number)               Identification Number)
 incorporation)

7200 FCNB Court, Frederick, Maryland           21703
-------------------------------------------------------------------------------
  (Address of Principal Executive Offices)   (Zip Code)

Registrant's telephone number, including area code: (301) 662-2191
                                                   ---------------------



<PAGE>



         On  January  26,  1996,  FCNB  Corp  (the   "Company")   completed  its
acquisition of Laurel Bancorp,  Inc.  ("Laurel"),  by means of a stock-for-stock
exchange of shares  accounted for as a pooling of interests.  The Securities and
Exchange  Commission,  in its  Accounting  Series  Release  No.  135,  prohibits
affiliates  of all  parties  to a  transaction  accounted  for as a  pooling  of
interests from selling any shares received in the transaction  until at least 30
days of post merger combined results have been published.

         Accordingly,  attached hereto is the consolidated balance sheet for the
Company,  including Laurel, as of February 29, 1996 and the related consolidated
statements of income for the one and two month  periods then ended.  The results
of operations  for the two month period ended  February 29, 1996 includes  three
months of Laurel's  earnings  since their  previous  year ended on November  30,
1995.  This one month  difference  is not  considered  material to the financial
presentation.  Also,  included in the combined  entities  operating  results are
specific  one-time merger related  charges:  (1) salaries and employee  benefits
associated  with  change-in-control  payments of  approximately  $1.3 million or
$809,000  after taxes and (2) income tax expense of  approximately  $1.6 million
associated with accumulated bad debt reserves for income tax purposes in
excess of those maintained for financial reporting purposes.


<PAGE>




                                   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.

                                             FCNB Corp

                                             By:/s/ A. Patrick Linton
                                                ------------------------------
                                                A. Patrick Linton, President
                                                  and Chief Executive Officer

Dated: March 19, 1996


ITEM 7



FCNB CORP AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(Dollars in thousands)                                      FEBRUARY 29,
-------------------------------------------------------------------------------
ASSETS                                                         1995
-------------------------------------------------------------------------------

Cash and due from banks                                       $23,381
Interest-bearing deposits in other banks                        2,414
Federal funds sold                                             28,046
-------------------------------------------------------------------------------
     Cash and cash equivalents                                 53,841
-------------------------------------------------------------------------------
Loans held for sale                                             3,927
-------------------------------------------------------------------------------
Investment securities                                         139,658
-------------------------------------------------------------------------------
Loans                                                         443,915
Less: Allowance for credit losses                              (5,589)
      Unearned income                                          (1,670)
-------------------------------------------------------------------------------
     Net loans                                                436,656
-------------------------------------------------------------------------------
Bank premises and equipment                                    21,293
-------------------------------------------------------------------------------
Other assets                                                   10,609
-------------------------------------------------------------------------------
     Total assets                                            $665,984
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
LIABILITIES AND STOCKHOLDERS' EQUITY
-------------------------------------------------------------------------------

LIABILITIES

Deposits:
     Noninterest-bearing deposits                              $65,146
     Interest-bearing deposits                                 471,902
-------------------------------------------------------------------------------
          Total deposits                                       537,048

Short-term borrowings:
     Federal funds purchased and securities sold under
      agreements to repurchase                                  21,284
     Other short-term borrowings                                34,145
Long-term debt                                                   4,680
Accrued interest and other liabilities                           4,200
-------------------------------------------------------------------------------
     Total liabilities                                         601,357
-------------------------------------------------------------------------------

STOCKHOLDER'S EQUITY

Common Stock                                                     5,391
Surplus                                                         27,063
Retained earnings                                               31,801
Net unrealized gain on securities available for sale               372
-------------------------------------------------------------------------------
     Total stockholders' equity                                 64,627
-------------------------------------------------------------------------------

     Total liabilities and stockholders' equity               $665,984
-------------------------------------------------------------------------------
<PAGE>
FCNB CORP AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
For the One and Two Month Periods Ended February 29, 1996
(Dollars in thousands, except per share amounts)
-------------------------------------------------------------------------------
                                             For One Month       For Two Months
                                                 Ended               Ended
                                              February 29,         February 29,
                                                  1996                 1996
-------------------------------------------------------------------------------
    Interest income:
     Interest and fees on loans                   $3,600              $7,681
     Interest and dividends on investment 
       securities:
      Taxable                                        645               1,390
      Tax exempt                                      51                 103
      Dividends                                       44                  89
    Interest on federal fund sold                     60                 181
    Other interest income                              2                   7
-------------------------------------------------------------------------------
      Total interest income                        4,402               9,451
-------------------------------------------------------------------------------

    Interest expense:
      Interest on deposits                         1,626               3,624
      Interest on federal funds purchased and
         securities sold under agreements to 
         repurchase                                  225                 373
      Interest on other short-term borrowings         28                 139
-------------------------------------------------------------------------------
         Total interest expense                    1,879               4,136
-------------------------------------------------------------------------------

    Net interest income                            2,523               5,315
    Provision for credit losses                       33                  48
-------------------------------------------------------------------------------
    Net interest income after provision for 
     credit losses                                 2,490               5,267
-------------------------------------------------------------------------------

    Noninterest income:
      Service fees                                   191                 382
      Net securities gains (losses)                   (1)                 65
      Gain (loss) on sale of loans                    33                  58
      Other operating income                         164                 279
-------------------------------------------------------------------------------
         Total noninterest income                    387                 784
-------------------------------------------------------------------------------

    Noneinterest expenses:
      Salaries and employee benefits                 838               3,249
      Occupancy expenses                             177                 348
      Equipment expenses                             141                 245
      Other operating expenses                       691               1,418
-------------------------------------------------------------------------------
         Total noninterest expenses                1,847               5,260
-------------------------------------------------------------------------------
    Income before provision for income taxes       1,030                 791
    Provision for income taxes                       381               1,987
-------------------------------------------------------------------------------
    Net income                                      $649             ($1,196)
-------------------------------------------------------------------------------
    Net income per share                           $0.12              ($0.22)
-------------------------------------------------------------------------------
    Weighted average number of shares 
     outstanding                               5,390,779           5,390,779
-------------------------------------------------------------------------------


<PAGE>
[{"type": "8-K", "sequence": "1", "description": "FORM 8-K", "secsgml_size_bytes": 11516}]
{"company-data": {"conformed-name": "FCNB CORP", "cik": "0000803644", "assigned-sic": "6021", "irs-number": "521479635", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-15645", "film-number": "96538001"}, "business-address": {"street1": "1 N MARKET ST", "street2": "PO BOX 240", "city": "FREDERICK", "state": "MD", "zip": "21701", "phone": "3016622191"}, "mail-address": {"street1": "PO BOX 240", "city": "FREDERICK", "state": "MD", "zip": "21705-0240"}}
SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 29549

                                    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 reported): February 29, 1996

                          FCNB Corp
-------------------------------------------------------------------------------
     (Exact name of registrant as specified in its charter)

    Maryland                     0-15645                     52-1479635
-------------------------------------------------------------------------------
(State or other             (Commission File                (IRS Employer 
jurisdiction  of                  Number)               Identification Number)
 incorporation)

7200 FCNB Court, Frederick, Maryland           21703
-------------------------------------------------------------------------------
  (Address of Principal Executive Offices)   (Zip Code)

Registrant's telephone number, including area code: (301) 662-2191
                                                   ---------------------
On  January  26,  1996,  FCNB  Corp  (the   "Company")   completed  its
acquisition of Laurel Bancorp,  Inc.  ("Laurel"),  by means of a stock-for-stock
exchange of shares  accounted for as a pooling of interests.  The Securities and
Exchange  Commission,  in its  Accounting  Series  Release  No.  135,  prohibits
affiliates  of all  parties  to a  transaction  accounted  for as a  pooling  of
interests from selling any shares received in the transaction  until at least 30
days of post merger combined results have been published.

         Accordingly,  attached hereto is the consolidated balance sheet for the
Company,  including Laurel, as of February 29, 1996 and the related consolidated
statements of income for the one and two month  periods then ended.  The results
of operations  for the two month period ended  February 29, 1996 includes  three
months of Laurel's  earnings  since their  previous  year ended on November  30,
1995.  This one month  difference  is not  considered  material to the financial
presentation.  Also,  included in the combined  entities  operating  results are
specific  one-time merger related  charges:  (1) salaries and employee  benefits
associated  with  change-in-control  payments of  approximately  $1.3 million or
$809,000  after taxes and (2) income tax expense of  approximately  $1.6 million
associated with accumulated bad debt reserves for income tax purposes in
excess of those maintained for financial reporting purposes.
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.

                                             FCNB Corp

                                             By:/s/ A. Patrick Linton
                                                ------------------------------
                                                A. Patrick Linton, President
                                                  and Chief Executive Officer

Dated: March 19, 1996

ITEM 7

FCNB CORP AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(Dollars in thousands)                                      FEBRUARY 29,
-------------------------------------------------------------------------------
ASSETS                                                         1995
-------------------------------------------------------------------------------

Cash and due from banks                                       $23,381
Interest-bearing deposits in other banks                        2,414
Federal funds sold                                             28,046
-------------------------------------------------------------------------------
     Cash and cash equivalents                                 53,841
-------------------------------------------------------------------------------
Loans held for sale                                             3,927
-------------------------------------------------------------------------------
Investment securities                                         139,658
-------------------------------------------------------------------------------
Loans                                                         443,915
Less: Allowance for credit losses                              (5,589)
      Unearned income                                          (1,670)
-------------------------------------------------------------------------------
     Net loans                                                436,656
-------------------------------------------------------------------------------
Bank premises and equipment                                    21,293
-------------------------------------------------------------------------------
Other assets                                                   10,609
-------------------------------------------------------------------------------
     Total assets                                            $665,984
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
LIABILITIES AND STOCKHOLDERS' EQUITY
-------------------------------------------------------------------------------

LIABILITIES

Deposits:
     Noninterest-bearing deposits                              $65,146
     Interest-bearing deposits                                 471,902
-------------------------------------------------------------------------------
          Total deposits                                       537,048

Short-term borrowings:
     Federal funds purchased and securities sold under
      agreements to repurchase                                  21,284
     Other short-term borrowings                                34,145
Long-term debt                                                   4,680
Accrued interest and other liabilities                           4,200
-------------------------------------------------------------------------------
     Total liabilities                                         601,357
-------------------------------------------------------------------------------

STOCKHOLDER'S EQUITY

Common Stock                                                     5,391
Surplus                                                         27,063
Retained earnings                                               31,801
Net unrealized gain on securities available for sale               372
-------------------------------------------------------------------------------
     Total stockholders' equity                                 64,627
-------------------------------------------------------------------------------

     Total liabilities and stockholders' equity               $665,984
-------------------------------------------------------------------------------
FCNB CORP AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
For the One and Two Month Periods Ended February 29, 1996
(Dollars in thousands, except per share amounts)
-------------------------------------------------------------------------------
                                             For One Month       For Two Months
                                                 Ended               Ended
                                              February 29,         February 29,
                                                  1996                 1996
-------------------------------------------------------------------------------
    Interest income:
     Interest and fees on loans                   $3,600              $7,681
     Interest and dividends on investment 
       securities:
      Taxable                                        645               1,390
      Tax exempt                                      51                 103
      Dividends                                       44                  89
    Interest on federal fund sold                     60                 181
    Other interest income                              2                   7
-------------------------------------------------------------------------------
      Total interest income                        4,402               9,451
-------------------------------------------------------------------------------

    Interest expense:
      Interest on deposits                         1,626               3,624
      Interest on federal funds purchased and
         securities sold under agreements to 
         repurchase                                  225                 373
      Interest on other short-term borrowings         28                 139
-------------------------------------------------------------------------------
         Total interest expense                    1,879               4,136
-------------------------------------------------------------------------------

    Net interest income                            2,523               5,315
    Provision for credit losses                       33                  48
-------------------------------------------------------------------------------
    Net interest income after provision for 
     credit losses                                 2,490               5,267
-------------------------------------------------------------------------------

    Noninterest income:
      Service fees                                   191                 382
      Net securities gains (losses)                   (1)                 65
      Gain (loss) on sale of loans                    33                  58
      Other operating income                         164                 279
-------------------------------------------------------------------------------
         Total noninterest income                    387                 784
-------------------------------------------------------------------------------

    Noneinterest expenses:
      Salaries and employee benefits                 838               3,249
      Occupancy expenses                             177                 348
      Equipment expenses                             141                 245
      Other operating expenses                       691               1,418
-------------------------------------------------------------------------------
         Total noninterest expenses                1,847               5,260
-------------------------------------------------------------------------------
    Income before provision for income taxes       1,030                 791
    Provision for income taxes                       381               1,987
-------------------------------------------------------------------------------
    Net income                                      $649             ($1,196)
-------------------------------------------------------------------------------
    Net income per share                           $0.12              ($0.22)
-------------------------------------------------------------------------------
    Weighted average number of shares 
     outstanding                               5,390,779           5,390,779
-------------------------------------------------------------------------------