SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

                   QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended: June 30, 2000

                         Commission File Number: 0-20806

                                 FIRSTMARK CORP.
        (Exact Name of Small Business Issuer as Specified in its Charter)


                   Maine                                 01-0389195
       (State or Other Jurisdiction         (I.R.S. Employer Identification No.)
     of Incorporation or Organization)

                                  P.O. Box 1398
                            Richmond, Virginia 23218
                    (Address of Principal Executive Offices)

                                 (804) 648-9048
                (Issuer's Telephone Number, Including Area Code)


         Check whether the issuer: (1) filed all reports required to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the  registrant was required to file such reports),  and (2)
has been subject to such filing requirements for the past 90 days.
                                                         Yes  __X__    No  _____

         State the number of shares  outstanding of each of the issuer's classes
of common equity, as of the latest practicable date:

          5,322,043 shares of common stock, par value $0.20 per share,
                         outstanding as of June 30, 2000



<PAGE>

                                 FIRSTMARK CORP.

                                TABLE OF CONTENTS
<TABLE>
<CAPTION>
                                                                                                         Page No.
<S>                                                                                                        <C>
Part I.       Financial Information

         Item 1.  Financial Statements

                  Consolidated Balance Sheets
                           June 30, 2000 and December 31, 1999...............................................3

                  Condensed Consolidated Statements of Operations
                           Six Months and Three Months Ended
                           June 30, 2000 and 1999............................................................5

                  Condensed Consolidated Statements of Cash Flows
                           Six Months Ended June 30, 2000 and 1999...........................................6

                  Notes to Condensed Consolidated Financial Statements.......................................7

         Item 2.  Management's Discussion and Analysis of Financial Condition
                           and Results of Operation..........................................................8


Part II.      Other Information

         Item 1.  Legal Proceedings.........................................................................11

         Item 2.  Changes in Securities and Use of Proceeds.................................................11

         Item 3.  Defaults Upon Senior Securities...........................................................11

         Item 4.  Submission of Matters to a Vote of Security Holders.......................................11

         Item 5.  Other Information.........................................................................11

         Item 6.  Exhibits and Reports on Form 8-K..........................................................11
</TABLE>





                                      -2-
<PAGE>

                         PART I -- FINANCIAL INFORMATION

Item 1.      Financial Statements

FIRSTMARK CORP. AND SUBSIDIARIES

Consolidated Balance Sheets
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------

ASSETS

                                                                June 30, 2000       December 31, 1999
                                                                -------------       -----------------
                                                                 (Unaudited)
<S>                                                                <C>                  <C>
Cash and cash equivalents                                          $4,744,008           $4,541,344

Receivables                                                             7,095              186,398

Investments:
     Marketable securities                                             97,576               72,828
     Venture capital investments - net                                 15,000               65,000
     Real estate and other investments                                330,241              418,433
                                                                   ----------           ----------

         Total investments                                            442,817              556,261
                                                                   ----------           ----------

Other assets:
     Property, plant and equipment - net                                8,145                9,183
     Deferred tax asset - net of valuation allowance                       --               19,428
     Other assets                                                       3,750               20,739
                                                                   ----------           ----------

         Total other assets                                            11,895               49,350
                                                                   ----------           ----------

TOTAL ASSETS                                                       $5,205,815           $5,333,353
                                                                   ==========           ==========
</TABLE>




                                      -3-
<PAGE>

FIRSTMARK CORP. AND SUBSIDIARIES

Consolidated Balance Sheets
<TABLE>
<CAPTION>
--------------------------------------------------------------------------------------------------------

LIABILITIES AND STOCKHOLDERS' EQUITY

                                                                   June 30, 2000      December 31, 1999
                                                                   -------------      -----------------
                                                                    (Unaudited)
<S>                                                                 <C>                 <C>
LIABILITIES:
     Accounts payable and other liabilities                         $     35,099        $     88,252
     Deferred tax liability                                                4,530              19,428
                                                                    ------------        ------------

         Total liabilities                                                39,629             107,680
                                                                    ------------        ------------


STOCKHOLDERS' EQUITY:
     Preferred  stock,  Series A, $0.20 par value -
       authorized 250,000 shares; issued 53,500 shares
       (liquidation preference $2,140,000)                                10,700              10,700
     Common stock, $0.20 par value - authorized
       30,000,000 shares; issued 5,501,430 shares                      1,100,286           1,100,286
     Additional paid-in capital - preferred                            2,023,589           2,023,589
     Additional paid-in capital - common                              11,358,400          11,358,400
     Retained earnings (deficit)                                      (8,638,243)         (8,569,964)
     Treasury stock, at cost - 179,387 shares                           (663,486)           (663,486)
     Net accumulated comprehensive income (loss) -
       net of taxes                                                      (25,060)            (33,852)
                                                                    ------------        ------------

         Total stockholders' equity                                    5,166,186           5,225,673
                                                                    ------------        ------------

TOTAL LIABILITIES AND
     STOCKHOLDERS' EQUITY                                           $  5,205,815        $  5,333,353
                                                                    ============        ============
</TABLE>




The  accompanying  notes  are an  integral  part of  these  condensed  financial
statements.




                                      -4-
<PAGE>
FIRSTMARK CORP. AND SUBSIDIARIES

Condensed Consolidated Statements of Operations (Unaudited)
<TABLE>
<CAPTION>
----------------------------------------------------------------------------------------------------------------------------------
                                                                                 Six Months Ended             Three Months Ended
                                                                                     June 30,                      June 30,
                                                                                     --------                      --------
                                                                                2000          1999           2000          1999
                                                                                ----          ----           ----          ----
<S>                                                                          <C>           <C>           <C>           <C>
REVENUES
      Interest and dividends                                                 $   151,741   $    76,290   $    69,802   $    58,723
      Investment gains, net                                                       25,097            --         1,145            --
                                                                             -----------   -----------   -----------   -----------

          Total revenues                                                         176,838        76,290        70,947        58,723
                                                                             -----------   -----------   -----------   -----------

EXPENSES
      Employee compensation and benefits                                              --        18,600            --            --
      Write-offs of loans and investments                                             --       202,000            --       202,000
      General and administrative expenses                                        180,917       546,526        90,992       430,533
      Interest expense                                                                --         8,995            --            --
                                                                             -----------   -----------   -----------   -----------

         Total expenses                                                          180,917       776,121        90,992       632,533
                                                                             -----------   -----------   -----------   -----------

         Loss from continuing operations before  income taxes                     (4,079)     (699,831)      (20,045)     (573,810)

INCOME TAX (BENEFIT) EXPENSE                                                          --            --            --            --
                                                                             -----------   -----------   -----------   -----------

         Net loss from continuing operations                                      (4,079)     (699,831)      (20,045)     (573,810)

DISCONTINUED OPERATIONS
       Income from discontinued operations - net of tax                               --        80,596            --            --
       Loss from disposal of discontinued operations - net of
       tax                                                                            --        (5,118)           --            --
                                                                             -----------   -----------   -----------   -----------

NET LOSS                                                                          (4,079)     (624,353)      (20,045)     (573,810)
                                                                             -----------   -----------   -----------   -----------

PREFERRED STOCK DIVIDEND                                                          64,200        68,400        32,100        34,200
                                                                             -----------   -----------   -----------   -----------

NET LOSS APPLICABLE TO COMMON SHARES                                             (68,279)     (692,753)      (52,145)     (608,010)
                                                                             -----------   -----------   -----------   -----------

Other comprehensive income (loss) - net of tax
       Unrealized holding gains (losses) arising during period                   (42,572)      (67,938)      (32,820)      (19,924)
                                                                             -----------   -----------   -----------   -----------

COMPREHENSIVE INCOME (LOSS) APPLICABLE TO COMMON SHARES                      $  (110,851)  $  (760,691)  $   (84,965)  $  (627,934)
                                                                             ===========   ===========   ===========   ===========
Basic and diluted earnings (loss) per common share:
               Income (loss) from continuing operations                      $     (0.01)  $     (0.14)  $     (0.01)  $     (0.11)
               Discontinued Operations                                              0.00          0.01          0.00          0.00
                                                                             -----------   -----------   -----------   -----------

                                                                             $     (0.01)  $     (0.13)  $     (0.01)  $     (0.11)
                                                                             ===========   ===========   ===========   ===========

Comprehensive income (loss) applicable to common shares                      $     (0.02)  $     (0.14)  $     (0.02)  $     (0.12)
                                                                             ===========   ===========   ===========   ===========

Weighted - average number of shares outstanding                                5,322,043     5,319,876     5,322,043     5,319,876
                                                                             ===========   ===========   ===========   ===========
</TABLE>
The  accompanying  notes  are an  integral  part of  these  condensed  financial
statements.

                                      -5-
<PAGE>
FIRSTMARK CORP. AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows (Unaudited)
<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------
                                                                                      Six Months Ended
                                                                                           June 30,
                                                                                2000                      1999
                                                                                ----                      ----
<S>                                                                         <C>                      <C>
OPERATING ACTIVITIES FROM CONTINUING OPERATIONS
     Net loss from continuing operations                                    $    (4,079)             $  (699,831)
     Adjustments to reconcile net loss to net cash provided
       (used) by operating activities
         Depreciation and amortization                                            1,038                    1,038
         Write-offs of loans and investments                                         --                  202,000
         Gain on sale of venture capital investments                            (25,000)                      --
         Net loss on sale of real estate investments                                926                       --
         Other non-cash changes                                                 (11,426)                  12,032
         Changes in assets and liabilities:
           Decrease (increase) in:
              Accounts receivable                                               179,303                  (26,017)
              Prepaid expenses and other current assets                          16,989                   11,603
           Increase (decrease) in:
              Accounts payable and other liabilities                            (53,153)                 136,729
              Accounts payable to related party                                      --                 (114,712)
                                                                            -----------              -----------

         Net cash provided (used) by operating activities                       104,598                 (477,158)
                                                                            -----------              -----------

Cash flows from Investing Activities
     (Increase) in real estate investments                                       (7,058)                  (4,848)
     Proceeds from sale of venture capital investments                           75,000                       --
     Proceeds from sale of real estate investments                               94,324                       --
                                                                            -----------              -----------

         Net cash provided (used) by investing activities                       162,266                   (4,848)
                                                                            -----------              -----------

Cash flows from Financing Activities
     Preferred stock dividends                                                  (64,200)                 (68,400)
     Proceeds from borrowings                                                        --                  115,000
     Repayments of borrowed funds                                                    --                 (680,000)
                                                                            -----------              -----------

         Net cash used by financing activities                                  (64,200)                (633,400)
                                                                            -----------              -----------

         Cash Provided (Used) by Continuing Operations                          202,664               (1,115,406)
                                                                            -----------              -----------

Discontinued Operations:
     Proceeds from sale of discontinued operations,
       net of transaction costs paid                                                 --                6,242,738
     Other                                                                           --                   22,001
                                                                            -----------              -----------

         Cash Provided by Discontinued Operations                                    --                6,264,739
                                                                            -----------              -----------

Net change in cash and cash equivalents                                         202,664                5,149,333

Cash and cash equivalents, beginning of period                                4,541,344                   53,575
                                                                            -----------              -----------

Cash and cash equivalents, end of period                                    $ 4,744,008              $ 5,202,908
                                                                            ===========              ===========

Cash payments for interest                                                  $        --              $     8,995
                                                                            ===========              ===========
</TABLE>
The  accompanying  notes  are an  integral  part of  these  condensed  financial
statements.

                                      -6-
<PAGE>

FIRSTMARK CORP. AND SUBSIDIARIES

Notes to Condensed Consolidated Financial Statements (Unaudited)

--------------------------------------------------------------------------------

BASIS OF PRESENTATION

1.    The accompanying unaudited  consolidated  financial statements,  which are
      for interim periods, do not include all disclosures provided in the annual
      consolidated financial statements.  These unaudited consolidated financial
      statements  should be read in conjunction with the consolidated  financial
      statements  and the  footnotes  thereto  contained in the Annual Report on
      Form 10-KSB for the year ended December 31, 1999 of Firstmark  Corp.  (the
      "Company"),  as  amended,  as  filed  with  the  Securities  and  Exchange
      Commission.  The  December  31, 1999  balance  sheet was derived  from the
      audited  consolidated  financial  statements,  but  does not  include  all
      disclosures required by generally accepted accounting principles.

2.    In the opinion of the Company,  the  accompanying  unaudited  consolidated
      financial  statements  contain  all  adjustments  (which  are of a  normal
      recurring  nature)  necessary  for a fair  presentation  of the  financial
      statements.  The results of  operations  for the six months ended June 30,
      2000 are not necessarily  indicative of the results to be expected for the
      full year.

3.    Earnings (Loss) Per Common Share

      Basic EPS is computed by dividing net income,  less required  dividends on
      redeemable  preferred  stock,  by the  weighted  average  number of common
      shares  outstanding  during the year.  Diluted EPS is  computed  using the
      weighted  average  number of common  shares  outstanding  during the year,
      including the dilutive effect of all potential common shares.

4.    Reclassifications

      Certain reclassifications have been made in the accompanying statements to
      permit comparison.









                                      -7-
<PAGE>

Item 2.      Management's  Discussion  and Analysis of Financial  Condition  and
             Results of Operations

General

         Firstmark Corp.  (the  "Company") was  incorporated in Maine on October
28,  1982.  Until  March 5, 1999,  the Company  was  principally  engaged in the
business  of  issuing  title  insurance  through a  subsidiary,  Southern  Title
Insurance  Corporation  ("STIC").  Until  January 24,  1997,  the  Company  also
actively  traded  public  stocks  and bonds and  provided  financial  consulting
services to a select number of individuals and institutions.

         On March 5, 1999,  the  Company  sold  Investors  Southern  Corporation
("ISC") and its  subsidiaries,  including  STIC, to Old Guard Group,  Inc. ("Old
Guard") for $6.75 million in cash and a three year earn-out in cash based on the
pre-tax net income of ISC and its subsidiaries,  including STIC, for each of the
fiscal  years  ending  December  31,  1999,  2000 and 2001.  Generally  accepted
accounting  principles ("GAAP") required that the Company reflect the effects of
the  transaction  as of December 31, 1998,  including the loss on disposal,  and
segregate  continuing  operations  from  discontinued   operations.  A  complete
discussion  of the  Company's  business is contained in Item 1,  Description  of
Business,  of Amendment No. 1 to the Company's Annual Report on Form 10-KSB (the
"Form  10-KSB"),  filed with the Securities and Exchange  Commission on April 6,
2000.

         The  following   discussion   provides   information  about  the  major
components of the results of operations and financial  condition,  liquidity and
capital resources of the Company. This discussion and analysis should be read in
conjunction with the Condensed  Consolidated  Financial  Statements and Notes to
Condensed Consolidated Financial Statements.

Results of Operations

                         Six Months Ended June 30, 2000
                 Compared to the Six Months Ended June 30, 1999
                 ----------------------------------------------

Continuing Operations
---------------------

         Interest and dividends  revenue amounted to  approximately  $152,000 in
the six months  ended June 30,  2000 as  compared  to $76,000 in the  comparable
period of the prior year.  This  increase  results  from  investment  of the net
proceeds from the sale of the title insurance  operations for the entire current
year period as compared to  approximately  four months in the prior year period.
Net  investment  gains  relating  to sales of venture  capital  and real  estate
investments amounted to $25,000 for the six months ended June 30, 2000 (none for
the prior year period).

         Operating expenses and general and administrative expenses decreased by
approximately $393,000 during the six months ended June 30, 2000 compared to the
comparable  prior  year  period.  This  decrease  is  primarily  the result of a
provision  ($232,000)  in the prior  year  period  for



                                      -8-
<PAGE>

the estimated loss from certain claims settled through mediation and lower legal
($82,000) and accounting  fees ($36,000) in the current year period.  There were
no  write-offs  of loans and  investments  in the current year  period,  whereas
$202,000 was written off in the six months ended June 30, 1999.

Discontinued Operations
-----------------------

         As previously disclosed, the title insurance operations were sold as of
March 5, 1999.  Accordingly,  the condensed consolidated statement of operations
included  in this report  includes  operating  results  for the title  insurance
operations  through that date in the prior year period while no title  insurance
operations are included in the current year period.

                        Three Months Ended June 30, 2000
                Compared to the Three Months Ended June 30, 1999
                ------------------------------------------------

Continuing Operations
---------------------

         Interest and dividends revenue amounted to approximately $70,000 in the
current quarter compared to $59,000 in the comparable quarter of the prior year.
This increase  results from somewhat  higher  interest rates on invested  assets
during  the  current  year  quarter  compared  to the prior  year  quarter.  Net
investment  gains  relating  to sales of real  estate  investments  amounted  to
approximately  $1,000 for the  quarter  ended June 30,  2000 (none for the prior
year quarter).

         Operating expenses and general and administrative expenses decreased by
approximately  $340,000  during the current  quarter  compared to the prior year
quarter.  This decrease is primarily the result of a provision ($232,000) in the
prior year period for the estimated  loss from certain  claims  settled  through
mediation and lower legal ($85,000) and accounting fees ($16,000) in the current
year period.  There were no write-offs of loans and  investments  in the current
year period, whereas $202,000 was written off in the three months ended June 30,
1999.

Discontinued Operations
-----------------------

         As previously disclosed, the title insurance operations were sold as of
March 5, 1999.  Accordingly,  the condensed consolidated statement of operations
included in this report includes no title insurance operations in the current or
prior year quarter.

Liquidity and Capital Resources

         At June 30, 2000, the Company's cash and cash  equivalents  amounted to
approximately $4.7 million,  which is expected to exceed its obligations as they
become due.

Year 2000 Issues

         Year  2000  issues  relate   primarily  to  the  inability  of  certain
computerized  devices  (hardware,  software and equipment) to process year-dates
properly  after 1999.  Many existing  computer  programs have been written using
only  two  digits  to  define  an  applicable  year  rather



                                      -9-
<PAGE>

than four digits.  Accordingly, on January 1, 2000, many date-sensitive programs
and  devices  may have  recognized  a date using the two digits "00" as the year
1900 rather than the year 2000. This situation could have resulted in inaccurate
processing of data, erroneous results or other system failures.

         As a result of the  identification and assessment of the Company's Year
2000  issues and the  subsequent  implementation  of  procedures  to address any
potential  problem  areas,  the Company is not aware of any problems that it has
experienced in processing transactions to date in the year 2000.

Recent Accounting Pronouncements

         Reference is made to the disclosures included under the heading "Recent
Accounting  Pronouncements"  in Item 6, Management's  Discussion and Analysis of
Financial Condition and Results of Operations, of the Form 10-KSB.

Forward-Looking Statements

         Certain  statements  in this  report  may  constitute  "forward-looking
statements" within the meaning of the Private  Securities  Litigation Reform Act
of 1995.  Although the Company  believes that its  expectations  with respect to
certain forward-looking  statements are based upon reasonable assumptions within
the bounds of its business and operations, there can be no assurance that actual
results,  performance or achievements of the Company will not differ  materially
from any future  results,  performance or  achievements  expressed or implied by
such forward-looking statements.












                                      -10-
<PAGE>

                           PART II - OTHER INFORMATION

Item 1.      Legal Proceedings

             Reference is made to the disclosures in Item 3, Legal  Proceedings,
             of the Form 10-KSB for a description of the Company's pending legal
             proceedings.  There have been no additional  material  developments
             with respect to these proceedings.

Item 2.      Changes in Securities and Use of Proceeds

             Not applicable.

Item 3.      Defaults Upon Senior Securities

             Not applicable.

Item 4.      Submission of Matters to a Vote of Security Holders

             No matters were submitted to a vote of security  holders during the
             quarter ended June 30, 2000.

Item 5.      Other Information

             Not applicable.

Item 6.      Exhibits and Reports on Form 8-K

             (a)    Exhibits

                    27    Financial Data Schedule (filed electronically only).

             (b)    Reports on Form 8-K

                    None.







                                      -11-
<PAGE>

                                   SIGNATURES

         In accordance with the requirements of the Exchange Act, the registrant
caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.


                                           FIRSTMARK CORP.



Date:  August 14, 2000                     /s/ Donald V. Cruickshanks
                                           -------------------------------------
                                           Donald V. Cruickshanks
                                           President and Chief Executive Officer



Date:  August 14, 2000                     /s/ Ronald C. Britt
                                           -------------------------------------
                                           Ronald C. Britt
                                           Chief Financial Officer