Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Dworken Dudley C
   2. Issuer Name and Ticker or Trading Symbol
EAGLE BANCORP INC [egbn] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
7824 CADBURY AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
11/29/2006
(Street)

POTOMAC, MD 20854		 4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/29/2006   M   517 A $ 3.3812 29,020 D  
Common Stock 11/29/2006   M   886 A $ 3.5926 29,906 D  
Common Stock 11/29/2006   M   959 A $ 3.3812 30,865 D  
Common Stock 11/29/2006   M   717 A $ 6.5089 31,582 D  
Common Stock 11/29/2006   M   1,014 A $ 10.6627 32,596 D  
Common Stock 11/29/2006   M   959 A $ 3.2756 33,555 D  
Common Stock 11/29/2006   M   812 A $ 6.8047 34,367 D  
Common Stock 11/29/2006   M   14,787 A $ 3.3812 49,154 D  
Common Stock 11/29/2006   M   1,036 A $ 3.5419 50,190 D  
Common Stock 11/29/2006   M   1,034 A $ 6.0059 51,224 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrants to Purchase Common Stock $ 3.3812 11/29/2006   M   517   03/31/2000 03/30/2010 Common Stock 517 $ 0 0 D  
warrants to purchase common stock $ 3.5926 11/29/2006   M   886   03/31/2001 03/30/2011 Common Stock 886 $ 0 0 D  
warrants to purchase common stock $ 3.3812 11/29/2006   M   959   06/30/2000 06/29/2010 Common Stock 959 $ 0 0 D  
warrants to puchase common stock $ 6.5089 11/29/2006   M   717   06/30/2001 06/29/2011 Common Stock 1,014 $ 0 0 D  
warrants to purchase common stock $ 10.6627 11/29/2006   M   1,014   06/30/2004 06/30/2014 Common Stock 1,014 $ 0 0 D  
warrants to purchase common stock $ 3.2756 11/29/2006   M   959   09/30/2000 09/29/2010 Common Stock 959 $ 0 0 D  
warrants to purchase common stock $ 6.8047 11/29/2006   M   812   09/30/2001 09/29/2011 Common Stock 812 $ 0 0 D  
warrants to purchase common stock $ 3.3812 11/29/2006   M   14,787   12/15/1999 12/14/2009 Common Stock 14,787 $ 0 0 D  
warrants to purchase common stock $ 3.5419 11/29/2006   M   1,036   12/31/2000 12/30/2010 common stock 1,036 $ 0 0 D  
warrants to purchase common stock $ 3.5419 11/29/2006   M   1,034   12/31/2001 12/30/2011 common stock 1,034 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Dworken Dudley C
7824 CADBURY AVENUE
POTOMAC, MD 20854		   X      

Signatures

 /s/Dudley C. Dworken   12/01/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).

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