Exhibit 99.1

    Frederick County Bancorp, Inc. Reports Results for the First Quarter 2004

    FREDERICK, Md., April 13 /PRNewswire-FirstCall/ -- Frederick County
Bancorp, Inc. (the "Company") (OTC Bulletin Board: FCBI), the parent company
for Frederick County Bank, announced today that, as of March 31, 2004, after
slightly less than two and a half years in operation, assets stood at $150.2
million, with deposits of $136.5 million and loans of $103.9 million.  Also
for the quarter ended March 31, 2004 the Company recorded a net profit of
$289,000, which compares very favorably to the net profit of $4,000 recorded
in the first quarter of 2003.
    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-                             04/13/2004
    /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