SEC Form 3

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 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* MARGOLIUS PHILIP N (Last) (First) (Middle) 2101 CONNECTICUT AVE NW (Street) WASHINGTON DC 20008 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 08/28/2003	3. Issuer Name and Ticker or Trading Symbol EAGLE BANCORP INC [ EGBN ]
		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 of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

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	5,400	D
Common Stock	13,873	I	By third party trustee for benefit of self - Profit Sharing Plan

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: 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
1998 Eagle Bancorp Stock Option Plan - options to purchase	06/29/2000	06/29/2010	Common Stock	43	$5.71	D
1998 Eagle Bancorp Stock Option Plan - options to purchase	09/30/2000	09/29/2010	Common Stock	219	$5.54	D
1998 Eagle Bancorp options to Purchase - options to purchase	12/31/2000	12/30/2010	Common Stock	319	$6.07	D
1998 Eagle Bancorp StockOption Plan - options to purchase	03/31/2001	03/30/2011	Common Stock	175	$6.07	D
1998 Eagle Bancorp Stock Option Plan - options to purchase	06/30/2001	06/29/2011	Common Stock	169	$11	D
1998 Eagle Bancorp Stock Option Plan - options to purchase	09/30/2001	09/29/2011	Common Stock	88	$11.5	D
1998 Eagle Bancorp Stock Option Plan - options to purchase	12/31/2001	12/30/2011	Common Stock	175	$10.15	D

Explanation of Responses:

	/s/Philip N. Margolius	09/08/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.