Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Scully Mary Ann
 2. Date of Event Requiring Statement (Month/Day/Year)
05/15/2012		 3. Issuer Name and Ticker or Trading Symbol
Howard Bancorp Inc [HBMD]
(Last)
(First)
(Middle)
6011 UNIVERSITY BLVD., SUITE 370		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chmn., Pres. CEO, CRO
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

ELLICOTT CITY, MD 21043		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 70,186
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee stock options   (1) 02/14/2017 Common Stock 6,387 $ 13.75 D  
Employee stock options   (2) 01/17/2017 Common Stock 17,000 $ 13.99 D  
Employee stock options   (3) 12/14/2015 Common Stock 6,000 $ 11 D  
Employee stock options   (4) 10/31/2015 Common Stock 9,786 $ 10.5 D  
Employee stock options   (5) 08/09/2014 Common Stock 36,856 $ 10 D  
Warrants to purchase common stock 12/15/2005 08/09/2014 Common Stock 7,500 $ 10 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Scully Mary Ann
6011 UNIVERSITY BLVD., SUITE 370
ELLICOTT CITY, MD 21043		   X     Chmn., Pres. CEO, CRO  

Signatures

George Coffman 05/24/2012
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The options became exercisable in three equal annual installments beginning on February 14, 2008 and are all currently exercisable.
(2) The options become exercisable in equal quarterly installments beginning January 17, 2008 and are all currently exercisable.
(3) The options became exercisable in three equal annual installments beginning on December 14, 2006 and are all currently exercisable.
(4) The options became exercisable in three equal annual installments beginning on October 31, 2006 and are all currently exercisable.
(5) The options became exercisable in three equal annual installments beginning on August 9, 2005 and are all currently exercisable.

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