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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 MLWLeuUsQCd9dpNzuYdCClWtDOfNmnoouv0i8wz7kFqkZ4l7lE3kV+YcnuwESBTY
 Dq/bqQgZwC7ys88e6u8lBg==

<SEC-DOCUMENT>0001225208-11-001322.txt : 20110106
<SEC-HEADER>0001225208-11-001322.hdr.sgml : 20110106
<ACCEPTANCE-DATETIME>20110106160641
ACCESSION NUMBER:		0001225208-11-001322
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110104
FILED AS OF DATE:		20110106
DATE AS OF CHANGE:		20110106

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SCHMOKE PATRICIA/FA
		CENTRAL INDEX KEY:			0001086733

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21815
		FILM NUMBER:		11514364

	MAIL ADDRESS:	
		STREET 1:		C/O FIRST MARINER BANCORP
		STREET 2:		1801 S CLINTON ST
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21224

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST MARINER BANCORP
		CENTRAL INDEX KEY:			0000946090
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				521834860
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1801 S CLINTON STREET
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21224
		BUSINESS PHONE:		4103422600

	MAIL ADDRESS:	
		STREET 1:		1801 S CLINTON ST
		CITY:			BALTIMORE
		STATE:			MD
		ZIP:			21224
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2011-01-04</periodOfReport>

    <issuer>
        <issuerCik>0000946090</issuerCik>
        <issuerName>FIRST MARINER BANCORP</issuerName>
        <issuerTradingSymbol>FMAR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001086733</rptOwnerCik>
            <rptOwnerName>SCHMOKE PATRICIA/FA</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1501 S. CLINTON STREET</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BALTIMORE</rptOwnerCity>
            <rptOwnerState>MD</rptOwnerState>
            <rptOwnerZipCode>21224</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2011-01-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4545.0000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.4400</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>9660.0000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Director received shares pursuant to First Mariner Bancorp 2004 Long-Term Incentive Plan in lieu of being paid $2,000 in cash for director fees earned during quarter ended December 31, 2010.</footnote>
        <footnote id="F2">Per share price based on the closing price of First Mariner Bancorp stock as of December 31, 2010.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Eugene A. Friedman, Power of Attorney</signatureName>
        <signatureDate>2011-01-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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