Item 8.01. Other Events

On November 25, 2008, The Bancorp, Inc. (the "Company") issued a press release announcing that it has received preliminary approval from the United States Department of the Treasury ("Treasury") to participate in the Treasury's Capital Purchase Program. This approval is subject to certain conditions and the execution of definitive agreements. Upon execution of the definitive agreements, Treasury will purchase from the Company approximately $45.2 million of senior preferred stock and warrants to purchase common stock. The press release annoucing the preliminary approval is attached to this report as Exhibit 99.1 and is incorporated herein by reference.