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: September 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:

          5,342,043 shares of common stock, par value $0.20 per share,
                      outstanding as of September 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
                           September 30, 2000 and December 31, 1999.............................3

                  Consolidated Statements of Operations
                           Nine Months and Three Months Ended
                           September 30, 2000 and 1999..........................................5

                  Condensed Consolidated Statements of Cash Flows
                           Nine Months Ended September 30, 2000 and 1999........................6

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

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

                                                          September 30, 2000   December 31, 1999
                                                          ------------------   -----------------
                                                             (Unaudited)
<S>                                                            <C>                <C>
Cash and cash equivalents                                      $4,729,851         $4,541,344

Receivables                                                         7,095            186,398

Investments:
     Marketable securities                                         80,775             72,828
     Venture capital investments - net                             15,000             65,000
     Real estate and other investments                            332,991            418,433
                                                               ----------         ----------

         Total investments                                        428,766            556,261
                                                               ----------         ----------

Other assets:
     Property, plant and equipment - net                            7,626              9,183
     Deferred tax asset - net of valuation allowance                   --             19,428
     Other assets                                                      --             20,739
                                                               ----------         ----------

         Total other assets                                         7,626             49,350
                                                               ----------         ----------

TOTAL ASSETS                                                   $5,173,338         $5,333,353
                                                               ==========         ==========
</TABLE>




                                      -3-
<PAGE>

FIRSTMARK CORP. AND SUBSIDIARIES

Consolidated Balance Sheets

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

LIABILITIES AND STOCKHOLDERS' EQUITY
<TABLE>
<CAPTION>
                                                                September 30, 2000    December 31, 1999
                                                                ------------------    -----------------
                                                                    (Unaudited)
<S>                                                                 <C>                  <C>
LIABILITIES:
     Accounts payable and other liabilities                         $     38,333         $     88,252
     Deferred tax liability                                                   --               19,428
                                                                    ------------         ------------

         Total liabilities                                                38,333              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                              11,298,177           11,358,400
     Retained earnings (deficit)                                      (8,672,086)          (8,569,964)
     Treasury stock, at cost - 159,387 shares                           (589,513)            (663,486)
     Net accumulated comprehensive income (loss) -
       net of taxes                                                      (36,148)             (33,852)
                                                                    ------------         ------------

         Total stockholders' equity                                    5,135,005            5,225,673
                                                                    ------------         ------------

TOTAL LIABILITIES AND
     STOCKHOLDERS' EQUITY                                           $  5,173,338         $  5,333,353
                                                                    ============         ============
</TABLE>


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



                                      -4-
<PAGE>
FIRSTMARK CORP. AND SUBSIDIARIES

Consolidated Statements of Operations (Unaudited)

--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                                                                              Nine Months Ended             Three Months Ended
                                                                                 September 30,                 September 30,
                                                                                 -------------                 -------------
                                                                              2000           1999           2000           1999
                                                                              ----           ----           ----           ----
<S>                                                                       <C>            <C>            <C>            <C>
REVENUES
        Interest and dividends                                            $   238,050    $   148,068    $    86,309    $    71,778
        Investment gains, net                                                  25,141             --             44             --
                                                                          -----------    -----------    -----------    -----------

          Total revenues                                                      263,191        148,068         86,353         71,778
                                                                          -----------    -----------    -----------    -----------

EXPENSES
        Employee compensation and benefits                                         --         18,600             --             --
        Write-offs of loans and investments                                        --        202,000             --             --
        General and administrative expenses                                   269,013        790,285         88,096        243,759
        Interest expense                                                           --          8,995             --             --
                                                                          -----------    -----------    -----------    -----------

         Total expenses                                                       269,013      1,019,880         88,096        243,759
                                                                          -----------    -----------    -----------    -----------

         Loss from continuing operations before  income taxes                  (5,822)      (871,812)        (1,743)      (171,981)

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

         Net loss from continuing operations                                   (5,822)      (871,812)        (1,743)      (171,981)

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

NET LOSS                                                                       (5,822)      (796,334)        (1,743)      (171,981)
                                                                          -----------    -----------    -----------    -----------

PREFERRED STOCK DIVIDEND                                                       96,300        100,500         32,100         32,100
                                                                          -----------    -----------    -----------    -----------

NET LOSS APPLICABLE TO COMMON SHARES                                         (102,122)      (896,834)       (33,843)      (204,081)
                                                                          -----------    -----------    -----------    -----------

Other comprehensive income (loss) - net of tax
       Unrealized holding gains (losses) arising during period                 (2,296)       (42,103)       (11,088)        25,835
                                                                          -----------    -----------    -----------    -----------

COMPREHENSIVE LOSS APPLICABLE TO COMMON SHARES                            $  (104,418)   $  (938,937)   $   (44,931)   $  (178,246)
                                                                          ===========    ===========    ===========    ===========


Basic and diluted earnings (loss) per common share:
                  Loss from continuing operations                         $     (0.02)   $     (0.18)   $     (0.01)   $     (0.04)
                  Discontinued Operations                                        0.00           0.01           0.00           0.00
                                                                          -----------    -----------    -----------    -----------

                                                                          $     (0.02)   $     (0.17)   $     (0.01)   $     (0.04)
                                                                          ===========    ===========    ===========    ===========

Comprehensive loss applicable to common shares                            $     (0.02)   $     (0.18)   $     (0.01)   $     (0.03)
                                                                          ===========    ===========    ===========    ===========

Weighted - average number of shares outstanding                             5,324,525      5,321,012      5,329,434      5,323,246
                                                                          ===========    ===========    ===========    ===========
</TABLE>
The accompanying notes are an integral part of these financial statements.

                                      -5-
<PAGE>
FIRSTMARK CORP. AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows (Unaudited)

--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
                                                                                Nine Months Ended
                                                                                   September 30,
                                                                             2000                1999
                                                                             ----                ----
<S>                                                                      <C>                <C>
OPERATING ACTIVITIES FROM CONTINUING OPERATIONS
     Net loss from continuing operations                                 $    (5,822)       $  (871,812)
     Adjustments to reconcile net loss to net cash provided
       (used) by operating activities
         Depreciation and amortization                                         1,557              1,557
         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                                                3,507             10,065
         Changes in assets and liabilities:
           Decrease (increase) in:
              Accounts and notes receivable                                  179,303            (37,364)
              Prepaid expenses and other current assets                       20,739            (14,452)
           Increase (decrease) in:
              Accounts payable and other liabilities                         (49,919)           (60,629)
              Accounts payable to related party                                   --           (114,712)
                                                                         -----------        -----------

         Net cash provided (used) by operating activities                    125,291           (885,347)
                                                                         -----------        -----------

Cash flows from Investing Activities
     Increase in real estate investments                                      (9,808)            (7,539)
     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                    159,516             (7,539)
                                                                         -----------        -----------

Cash flows from Financing Activities
     Preferred stock dividends                                               (96,300)          (100,500)
     Purchase of preferred stock                                                  --           (140,000)
     Proceeds from borrowings                                                     --            115,000
     Repayments of borrowed funds                                                 --           (680,000)
                                                                         -----------        -----------

         Net cash used by financing activities                               (96,300)          (805,500)
                                                                         -----------        -----------

         Cash Provided (Used) by Continuing Operations                       188,507         (1,698,386)
                                                                         -----------        -----------

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                                      188,507          4,566,353

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

Cash and cash equivalents, end of period                                 $ 4,729,851        $ 4,619,928
                                                                         ===========        ===========

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

                                      -6-
<PAGE>

FIRSTMARK CORP. AND SUBSIDIARIES

Notes to 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  nine  months  ended
         September 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. 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 Consolidated Financial Statements and Notes to Consolidated
Financial Statements.

Results of Operations

                      Nine Months Ended September 30, 2000
              Compared to the Nine Months Ended September 30, 1999
              ----------------------------------------------------

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

         Interest and dividends  revenue amounted to  approximately  $238,000 in
the nine  months  ended  September  30,  2000 as  compared  to  $148,000  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  seven months in the prior year
period.  Net  investment  gains  relating  to sales of venture  capital and real
estate investments  amounted to approximately  $25,000 for the nine months ended
September 30, 2000 (none for the prior year period).

         Operating expenses and general and administrative expenses decreased by
approximately  $549,000 during the nine months ended September 30, 2000 compared
to the comparable prior year period.  This decrease is primarily the result of a
provision  ($404,000)  in the prior  year



                                      -8-
<PAGE>

period for the estimated loss from certain claims settled through  mediation and
lower legal  ($69,000) and accounting fees ($32,000) 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 nine months ended September 30, 1999.

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

         As previously disclosed, the title insurance operations were sold as of
March 5, 1999. Accordingly, the 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 September 30, 2000
              Compared to the Three Months Ended September 30, 1999
              -----------------------------------------------------

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

         Interest and dividends revenue amounted to approximately $86,000 in the
current quarter compared to $72,000 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.

         Operating expenses and general and administrative expenses decreased by
approximately  $156,000  during the current  quarter  compared to the prior year
quarter.  This decrease is primarily the result of a provision ($172,000) in the
prior year period for the estimated  loss from certain  claims  settled  through
mediation and slightly higher legal fees ($13,000) in the current year period.

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

         As previously disclosed, the title insurance operations were sold as of
March 5, 1999. Accordingly, the 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 September 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  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.



                                      -9-
<PAGE>

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



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