<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-08-14</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000854071</issuerCik>
        <issuerName>PAMRAPO BANCORP INC</issuerName>
        <issuerTradingSymbol>PBCI</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001236847</rptOwnerCik>
            <rptOwnerName>WALTER KENNETH D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>611 AVENUE C</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BAYONNE</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07002</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Vice President / CFO</officerTitle></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-06-20</value></transactionDate><deemedExecutionDate><value>2003-08-14</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F1"/></transactionCoding><transactionAmounts><transactionShares><value>0</value><footnoteId id="F1"/></transactionShares><transactionPricePerShare><value>0</value><footnoteId id="F1"/></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value><footnoteId id="F1"/></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1410</value><footnoteId id="F2"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>1988-08-08</value><footnoteId id="F3"/></transactionDate><deemedExecutionDate><value>2003-08-14</value><footnoteId id="F4"/></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F5"/></transactionCoding><transactionAmounts><transactionShares><value>0</value><footnoteId id="F5"/></transactionShares><transactionPricePerShare><value>0</value><footnoteId id="F5"/></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value><footnoteId id="F5"/></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>33410</value><footnoteId id="F6"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>ESOP and 401(k)</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><derivativeTable><derivativeHolding><securityTitle><value>Common Stock Options</value></securityTitle><conversionOrExercisePrice><value>18.41</value></conversionOrExercisePrice><exerciseDate><value>2003-06-24</value></exerciseDate><expirationDate><value>2013-06-24</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>10000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>10000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding></derivativeTable><footnotes><footnote id="F1">See Footnote 2; The transaction code and amount of securities acquired or disposed of do not accurately reflect the transaction for this line item.</footnote><footnote id="F2">Reporting person received 15 shares at the price of $18.90 per share on June 20, 2003 pursuant to the Company's Dividend Reinvestment Plan.</footnote><footnote id="F3">In the Section 16 Electronic Reporting Frequently Asked Questions released by the SEC on May 1, 2003, the SEC has designated "08/08/1988" as a "dummy date" until the electronic system is modified. This line reports end of period indirect holdings for this reporting person, and 08/08/1988 is not a transaction date related to these securities.</footnote><footnote id="F4">Between April 1, 2003 and June 30, 2003, the reporting person acquired 452 shares of the Company's stock, at prices ranging between $17.32 per share and $18.54 per share, under the Company's 401(k) plan.  The information in this report is based on a plan statement received by the reporting person on August 14, 2003.</footnote><footnote id="F5">See Footnote 4; The transaction code and amount of securities acquired or disposed of do not accurately reflect the transaction for this line item.</footnote><footnote id="F6">Reporting person indirectly owns 14,074 shares of ESOP and indirectly owns 19,336 shares of 401(k).</footnote></footnotes><ownerSignature><signatureName>Kenneth D. Walter</signatureName><signatureDate>2003-08-18</signatureDate></ownerSignature></ownershipDocument>



