**Exhibit 21**

**Subsidiaries of Registrant**
| **Legal Name**                                          | ** ** | **City/State**    | ** ** | **Percentage Owned** | ** ** |
|--------------------------------------------------------------|------------|-------------------|------------|---------------------------|------------|
|                                                         |       | (location)        |       |                      |       |
| **MERCANTILE BANKSHARES  CORPORATION**                       |       | Baltimore,  MD    |       |                      |       |
| Annapolis  Banking & Trust Company, The                  |       | Annapolis,  MD    |       | 100.00                    |       |
| A B & T  Holdings & Investments, Inc.                |       | Selbyville,  DE   |       | 100.00                    |       |
| Citizens  National Bank, The                                 |       | Laurel,  MD       |       | 100.00                    |       |
| C N B Holdings  & Investments, Inc.                      |       | Selbyville,  DE   |       | 100.00                    |       |
| C N B Realty  Holdings, Inc.*  **                            |       | Laurel,  MD       |       | 100.00                    |       |
| Farmers &  Mechanics Bank                                |       | Frederick,  MD    |       | 100.00                    |       |
| CC Title  Services, LLLP                                     |       | Columbia,  MD     |       | 60.00                     |       |
| (Fidelity Bank,  a division of Farmers & Mechanics Bank) |       | Hagerstown,  MD   |       | 100.00                    |       |
| Keller  Stonebraker Insurance Group, Inc.                    |       | Hagerstown,  MD   |       | 100.00                    |       |
| Key Holdings,  Inc. *                                        |       | Frederick,  MD    |       | 100.00                    |       |
| Key Management,  Inc.                                        |       | Frederick,  MD    |       | 100.00                    |       |
| Potomac Basin  Group Associates, Inc.                        |       | Beltsville,  MD   |       | 100.00                    |       |
| James Monroe  Statutory Trust I                              |       | Arlington,  VA    |       | 100.00                    |       |
| James Monroe  Statutory Trust II                             |       | Arlington,  VA    |       | 100.00                    |       |
| James Monroe  Statutory Trust III                            |       | Arlington,  VA    |       | 100.00                    |       |
| Marshall  National Bank and Trust Company                    |       | Marshall,  VA     |       | 100.00                    |       |
| MBC Agency, Inc.                                             |       | Baltimore,  MD    |       | 100.00                    |       |
| Mercantile Life  Insurance Company                           |       | Baltimore,  MD    |       | 100.00                    |       |
| MBC Financial  Corporation                                   |       | Baltimore,  MD    |       | 100.00                    |       |
| Wireless  Partners, LLC                                      |       | McLean,  VA       |       | 10.36                     |       |
| Mercantile  Absolute Return Fund LLC                         |       | Dover,  DE        |       | 36.50                     |       |
| Mercantile  Alternative Strategies Fund LLC                  |       | Dover,  DE        |       | 46.00                     |       |
| Mercantile/Colorado,  LLC                                    |       | Baltimore,  MD    |       | 100.00                    |       |
| Geneos Wealth  Management, Inc.                              |       | Denver,  CO       |       | 34.00                     |       |
| Mercantile  County Bank                                      |       | Elkton,  MD       |       | 100.00                    |       |
| MCB Holdings  & Investments, Inc.                        |       | Selbyville,  DE   |       | 100.00                    |       |
| Mercantile  Eastern Shore Bank                               |       | Chestertown,  MD  |       | 100.00                    |       |
| MESB Holdings  & Investments, Inc.                       |       | Selbyville,  DE   |       | 100.00                    |       |
| Mercantile  Federalsburg, LLC                                |       | Federalsburg,  MD |       | 100.00                    |       |
| Mercantile Long-Short  Manager Fund LLC                      |       | Dover,  DE        |       | 45.00                     |       |
| Mercantile MOC,  LLC                                         |       | Linthicum,  MD    |       | 100.00                    |       |
| Mercantile  Peninsula Bank                                   |       | Selbyville,  DE   |       | 100.00                    |       |
| Mercantile Real  Estate Advisors, Inc.                       |       | Baltimore,  MD    |       | 100.00                    |       |
| Mercantile-Safe  Deposit and Trust Company                   |       | Baltimore,  MD    |       | 100.00                    |       |
| CBNV Insurance  Agency, LLC                                  |       | Sterling,  VA     |       | 100.00                    |       |
| 17 F Hamil Road,  LLC* **                                    |       | Baltimore,  MD    |       | 100.00                    |       |
| MBC Leasing  Corp.                                           |       | Baltimore,  MD    |       | 100.00                    |       |
| Mercantile  Capital Advisors, Inc.                           |       | Baltimore,  MD    |       | 100.00                    |       |
| Mercantile/Cleveland,  LLC                                   |       | Wilmington,  DE   |       | 100.00                    |       |
| Boyd Watterson  Asset Management, LLC                        |       | Cleveland,  OH    |       | 100.00                    |       |
| Mercantile  Brokerage Services Holding, LLC                  |       | Baltimore,  MD    |       | 100.00                    |       |
| Mercantile  Brokerage Services, Inc.                         |       | Baltimore,  MD    |       | 100.00                    |       |
| MPA York, Inc.*                                              |       | Baltimore,  MD    |       | 100.00                    |       |
| MSD&T  Holdings & Investments, Inc.                  |       | Selbyville,  DE   |       | 100.00                    |       |
| MSD&T LPC, Inc.                                          |       | Selbyville, DE    |       | 100.00                    |       |

 

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| **Legal Name**                             | ** ** | **City/State**      | ** ** | **Percentage Owned** | ** ** |
|-------------------------------------------------|------------|---------------------|------------|---------------------------|------------|
| ** **                                      |       | (location)          |       |                      |       |
| Mercantile Mortgage Corporation                 |       | Baltimore,  MD      |       | 100.00                    |       |
| Mercantile Mortgage, LLC                        |       | Baltimore,  MD      |       | 49.90                     |       |
| West River 1, LLC                               |       | Baltimore,  MD      |       | 100.00                    |       |
| HarborPoint Capital GP, LLC                     |       | Baltimore,  MD      |       | 100.00                    |       |
| HarborPoint Capital LP                          |       | Baltimore,  MD      |       | 74.00                     |       |
| Orange Central Corporation                      |       | Baltimore,  MD      |       | 100.00                    |       |
| Osprey I, LLC* **                               |       | Baltimore,  MD      |       | 100.00                    |       |
| Osprey II, LLC* **                              |       | Baltimore,  MD      |       | 100.00                    |       |
| Osprey III, LLC* **                             |       | Baltimore,  MD      |       | 100.00                    |       |
| Osprey IV, LLC* **                              |       | Baltimore,  MD      |       | 100.00                    |       |
| 7050 Oakland Mills Road Corp. *                 |       | Baltimore,  MD      |       | 100.00                    |       |
| Mercantile Southern Maryland Bank               |       | Leonardtown,  MD    |       | 100.00                    |       |
| MSMB Holdings & Investments, Inc.           |       | Selbyville,  DE.    |       | 100.00                    |       |
| National Bank of Fredericksburg, The            |       | Fredericksburg,  VA |       | 100.00                    |       |
| Labrador Holdings, Inc.* **                     |       | Fredericksburg,  VA |       | 100.00                    |       |
| Westminster Union Bank                          |       | Westminster,  MD    |       | 100.00                    |       |
| W B & T Holdings & Investments, Inc     |       | Selbyville,  DE     |       | 100.00                    |       |
|                                            |       |                |       |                      |       |
| *DPC entity  formed to hold foreclosed property |       |                |       |                      |       |
| ** Inactive                                     |       |                |       |                      |       |

 

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