SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                  ------------

                                  SCHEDULE 13D

                    Under the Securities Exchange Act of 1934


                                  SCHEDULE 13D
                                (Amendment No. )

                    Under the Securities Exchange Act of 1934


                          Harbor Bankshares Corporation
                                (Name of Issuer)

                          Common Stock, $.01 par value
                         (Title of Class of Securities)

                                    411465107
                                 (CUSIP Number)


                             Noel M. Gruber, Esquire
                          James I. Lundy, III, Esquire
                           Kennedy, Baris & Lundy, LLP
               Suite P-15, 4701 Sangamore Road, Bethesda, MD 20816
                                  301.229.3400
            (Name, Address and Telephone Number of Person Authorized
                     to Receive Notices and Communications)

                                  October 1995
             (Date of Event which Requires Filing of this Statement)

         If the filing person has previously filed a statement on Schedule 13G
to report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1 (b)(3) or (4), check the following
box [ ].

         Note. Six copies of this statement, including all exhibits, should be
filed with the Commission. See, Rule 13d-1 (a) for other parties to whom copies
are to be sent.

                               Page 1 of 5 Pages



CUSIP No. 411465107                                            Page 2 of 5 Pages

1.  NAME OF REPORTING PERSONS
    S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)

    Joe Louis Gladney

2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                     (a) [ ]
                                                                         (b) [ ]

3.  SEC USE ONLY

4.  SOURCE OF FUNDS    PF

5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM
    2(d) OR 2(e).                                                            [ ]

    Not applicable

6.  CITIZENSHIP OR PLACE OF ORGANIZATION

    United States

      NUMBER OF
                      5.   SOLE VOTING POWER 40,333 (includes presently
       SHARES              exercisable options to acquire 6,837 shares of common
                           stock)
    BENEFICIALLY
                      6.   SHARED VOTING POWER 0
      OWNED BY
                      7.   SOLE DISPOSITIVE POWER 40,333 (includes presently
        EACH               exercisable options to acquire 6,837 shares of common
                           stock)
      REPORTING
                      8.   SHARED DISPOSITIVE POWER 0
     PERSON WITH

11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 40,333
    (includes presently exercisable options to acquire 6,837 shares of common
    stock)

12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*   [ ]

13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.7%

14. TYPE OF REPORTING PERSON* IN




CUSIP No. 411465107                                            Page 3 of 5 Pages

ITEM 1.  SECURITY AND ISSUER.

         This report relates to the common stock $.01 par value, of Harbor
Bankshares Corporation (the "Company"), a Maryland corporation, the principal
office of which is located at 25 West Fayette Street, Baltimore, Maryland 21201.

ITEM 2. IDENTITY AND BACKGROUND.

        Joe Louis Gladney

        Mr. Gladney's principal occupation is President of Gladney
Transportation & Oil Company, a heating oil sales and bus transportation
company. The business address of Gladney Transportation and oil Company is 2301
Sinclair Lane, Baltimore, Maryland, 21213.

        The reporting person has not been convicted in a criminal proceeding
(excluding traffic violations and similar misdemeanors) during the last five
years.

        The reporting person has not been, during the last five years, a party
to a civil proceeding of a judicial or administrative body of competent
jurisdiction as a result of which such person was or is subject to a judgment,
decree or final order enjoining future violations of, or prohibiting or
mandating activities subject to, Federal or State securities laws or finding any
violation with respect to such laws.

        Mr. Gladney is a citizen of the United States.

ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

        All shares were purchased for cash, using Mr. Gladney's personal funds.

ITEM 4. PURPOSE OF TRANSACTION.

        All of the shares of common stock the acquisition of which is disclosed
hereby were acquired for investment purposes. The reporting person will continue
to evaluate market conditions and the business of the issuer to determine
possible future acquisitions or dispositions of common stock of the Company.

        Except as indicated above, and except for periodic review of
opportunities for expansion of the Company's business by acquisition or
otherwise, review of the capital needs of the Company, review of the Company's
strategic alternatives and review of possible amendments to the Company's
articles of incorporation and bylaws (some of which might have an anti-takeover
effect), all in his capacity as a Director of the Company, the reporting person
has no present plans or proposals which relate to, or which would result in, any
of the factors set forth in paragraphs (a) through (j) of Item 4.

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

        All percentages given for ownership of the outstanding common stock are
based upon 704,424 shares of common stock outstanding as of March 31, 2004
(including 33,795 non-voting shares of common stock).

        As of the date of this filing, Mr. Gladney beneficially owns 40,333
shares of common stock (including presently exercisable options to purchase
6,837 shares of common stock) representing 5.7% of the common stock. Mr. Gladney
possesses sole power to vote and dispose of all of the shares.




CUSIP No. 411465107                                            Page 4 of 5 Pages

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
        SECURITIES OF THE ISSUER.

        Except as otherwise described herein, there are no agreements,
arrangements, understandings or relationships relating to any securities of the
Company, including the common stock, including with respect to the transfer or
voting thereof.

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.

        None.

                    [Remainder of page intentionally blank.]




CUSIP No. 411465107                                            Page 5 of 5 Pages

                                    SIGNATURE

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, compete and
correct.



                                                     /s/ Joe Louis Gladney
                                                     ----------------------
                                                     Joe Louis Gladney