Item 7.01. Regulation FD Disclosure.

On September 22, 2009, representatives of First Mariner Bancorp (the "Company") were interviewed by reporters from The Baltimore Sun and disclosed that (i) the Company is currently negotiating with an undisclosed purchaser to sell the Company's interest in its consumer finance company subsidiary, Mariner Finance, LLC, for approximately $10 million, half of what analysts expected the price to be six months ago, (ii) there is significant uncertainty with respect to the deal conditions and other terms such that the ultimate terms may not be as favorable to the Company as it had hoped, and (iii) there can be no assurance that the transaction will be consummated.