- Statement of Ownership (SC 13G)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. )

Peoples Bancorp, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

70978T 10 7

(CUSIP Number)

January 18, 2012

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

£ Rule 13d-1(b)

R Rule 13d-1(c)

£ Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP No. 70978T 10 7

1	Names of Reporting Persons I.R.S. Identification Nos. of above persons (entities only). Stefan R. Skipp
2	Check the Appropriate Box if a Member of a Group
	(a) £
	(b) £
3	SEC Use Only
4	Citizenship or Place of Organization: United States of America

Number of Shares Beneficially Owned by Each Reporting Person With	5	Sole Voting Power: 48,209
	6	Shared Voting Power: 1,800
	7	Sole Dispositive Power: 48,209
	8	Shared Dispositive Power: 1,800

9	Aggregate Amount Beneficially Owned by Each Reporting Person : 50,009
10	Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares: £
11	Percent of Class Represented by Amount in Row (9): 6.4%
12	Type of Reporting Person: IN

Page 2 of 4 Pages

Item 1(a).	Name of Issuer:

	Peoples Bancorp, Inc.

Item 1(b).	Address of Issuer’s Principal Executive Offices:

	100 Spring Avenue
	Chestertown, Maryland 21620

Item 2 (a).	Name of Person Filing:

	Stefan R. Skipp

Item 2(b).	Address of Principal Business Office or if none, Residence:

	924 Placid Court
	Arnold, Maryland 21012

Item 2(c).	Citizenship or Place of Organization

	United States of America

Item 2(d).	Title of Class of Securities:

	Common Stock, par value $10.00 per share

Item 2(e).	CUSIP Number:

	70978T 10 7

Item 3.	Not Applicable

Page 3 of 4 Pages

Item 4.	Ownership:

	Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)

Amount Beneficially Owned:

50,009 shares

(b)

Percent of Class:

6.4%

(c)

Number of shares as to which such person has:

(i) Sole power to vote or to direct the vote: 48,209

(ii) Shared power to vote or to direct the vote: 1,800

(iii) Sole power to dispose or to direct the disposition of: 48,209

(iv) Shared power to dispose or to direct the disposition of: 1,800

Item 5.	Ownership of Five Percent or Less of a Class

	Not Applicable

Item 6.	Ownership of More than Five Percent on Behalf of Another Person

	Not Applicable

Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.

	Not Applicable

Item 8.	Identification and Classification of Members of Group.

	Not Applicable

Page 4 of 4 Pages

Item 9.	Notice of Dissolution of Group.

	Not Applicable

Item 10.	Certification.

	By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

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, complete and accurate.