8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): February 10, 2004

                         Frederick County Bancorp, Inc.
             (Exact name of registrant as specified in its charter)

                        Commission file number: 000-50407

            Maryland                                            20-0049496
(State or Other Jurisdiction of                              (I.R.S. Employer
 Incorporation or Organization)                           Identification Number)

                30 West Patrick Street, Frederick, Maryland 21701
               (Address of Principal Executive Offices) (Zip Code)

       Registrant's telephone number, including area code: (301) 620-1400




Item 9. Regulation FD Disclosure (Information provided pursuant to Item 12)

      Frederick County Bancorp, Inc. issued the press release attached as
exhibit 99.1

EXHIBIT INDEX

Exhibit 99.1      Press Release dated February 10, 2004

                                   Signatures

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                            FREDERICK COUNTY BANCORP, INC.
                                     (Registrant)

                            By: /s/ William R. Talley, Jr.
                                ------------------------------------------------
                                William R. Talley, Jr., Executive Vice President
                                and Chief Financial Officer
                                     (Principal Accounting Officer)

Dated: February 10, 2004

EX-99.1

                                                                    Exhibit 99.1

   Frederick County Bancorp, Inc. Reports Results for the Fourth Quarter 2003

    FREDERICK, Md., Feb. 10 /PRNewswire-FirstCall/ -- Frederick County
Bancorp, Inc. (the "Company") (OTC Bulletin Board: FCBI), the parent company
for Frederick County Bank, announced today that, as of December 31, 2003,
after slightly more than two years in operation, assets stood at $130.6
million, with deposits of $117.5 million and loans of $96.0 million.  Also for
the quarter ended December 31, 2003 the Company recorded a net profit of
$229,000, which compares very favorably to the loss of $295,000 recorded in
the fourth quarter of 2002.  For the full year of 2003 the Company earned
$430,000 compared to the loss of almost $1.5 million recognized during the
corresponding period in 2002.

    Statements contained in this press release that are not historical facts
are forward-looking statements, as the term is defined in the Private
Securities Litigation Reform Act of 1995.  Such forward-looking statements are
subject to risks and uncertainties which could cause actual results to differ
materially from those currently anticipated due to a number of factors, which
include, but are not limited to, factors discussed in documents filed by the
Company with the Securities and Exchange Commission from time to time.

SOURCE  Frederick County Bancorp, Inc.
    -0-                             02/10/2004
    /CONTACT:  William R. Talley, Jr., Executive Vice President and Chief
Financial Officer of Frederick County Bancorp, Inc., +1-240-529-1507/
    /Web site:  http://www.frederickcountybank.com/
    (FCBI)

CO:  Frederick County Bancorp, Inc.; Frederick County Bank
ST:  Maryland
IN:  FIN OTC
SU:  ERN