Marco Community Bancorp Inc. reported earnings results for the first quarter ended March 31, 2009. For the first quarter, the company posted net loss of $209,000 compared to net loss of $282,000 for the same quarter in the previous year.

Marco Community Bancorp Inc., Annual General Meeting, May 09, 2009, at 10:00 Eastern Daylight. Location: United Church of Marco Island, 320 North Barfield Drive, Marco Island, FL 34145,United States. Agenda: To consider the election of eight members of the Board of Directors, each to serve for a one-year term; to consider the amendment of the Company's 2003 Amended and Restated Stock Option Plans to remove the minimum price limit for a stock option grant; to ratify the appointment of Hacker, Johnson & Smith, P.A., as the independent auditors for MCBI and its wholly-owned subsidiaries, for the fiscal year ending December 31, 2009; to consider the adjournment of the Annual Meeting to solicit additional proxies in the event there are not sufficient votes to approve any of the foregoing items; and to transact any other business that properly comes before the Annual Meeting, or any adjournment thereof.

Marco Community Bancorp Inc. announced that on December 2, 2008, company director Joel M. Cox resigned from the Board of Directors. On December 30, 2008, Company director Jamie B. Greusel also resigned from the Board of Directors. Mr. Timothy Truesdell, age 57, is the President of Timothy Truesdell Investments, a private investment and consulting firm, with offices in Marco Island, Florida. Prior to founding his firm in 2004, Mr. Truesdell was the portfolio manager and executive assistant of the Kamm Family Office in South Bend, Indiana and the director of development research at the University of Notre Dame.