EXHIBIT 99.2

CERTIFICATE OF CHIEF FINANCIAL OFFICER UNDER EESA SECTION111(b)(4)

I,
Mark A. Semanie, certify, based on my knowledge, that:

(1)   The
compensation committee of Carrollton Bancorp has discussed, reviewed, and evaluated with senior risk officers at least every six months during the period beginning
on June 15, 2009 and ending December 31, 2009, senior executive officer (SEO) compensation plans and employee compensation plans and the risks these plans pose to Carrollton Bancorp;

(2)   The
compensation committee of Carrollton Bancorp has identified and limited during the period beginning on June 15, 2009 and ending on December 31, 2009, the features in
the SEO compensation plans that could lead SEOs to take unnecessary and excessive risks that could threaten the value of Carrollton Bancorp and identified any features in the employee compensation
plans that pose risks to Carrollton Bancorp and limited those features to ensure that Carrollton Bancorp is not unnecessarily exposed to risks;

(3)   The
compensation committee has reviewed at least every six months during the period beginning on June 15, 2009 and ending on December 31, 2009, the terms of each
employee compensation plan and identified the features in the plan that could encourage the manipulation of reported earnings of Carrollton Bancorp to enhance the compensation of an employee and has
limited those features;

(4)   The
compensation committee of Carrollton Bancorp will certify to the reviews of the SEO compensation plans and employee compensation plans required under (1) and (3)
above;

(5)   The
compensation committee of Carrollton Bancorp will provide a narrative description of how it limited during any part of the most recently completed fiscal year that
included a TARP period the features in (A) SEO compensation plans that could lead SEOs to take unnecessary and excessive risks that could threaten the value of Carrollton Bancorp; (B) Employee
compensation plans that unnecessarily expose Carrollton Bancorp to risks; and (C) Employee compensation plans that could encourage the manipulation of reported earnings of Carrollton Bancorp to
enhance the compensation of an employee;

(6)   Carrollton
Bancorp has required that bonus payments, as defined in the regulations and guidance established under section 111 of EESA (bonus payments), of the SEOs and
twenty next most highly compensated employees be subject to a recovery or "clawback" provision during any part of the most recently completed fiscal year that was a TARP period if the bonus payments
were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria;

(7)   Carrollton
Bancorp has prohibited any golden parachute payment, as defined in the regulations and guidance established under section 111 of EESA, to an SEO or any of the
next five most highly compensated employees during the period beginning on June 15, 2009 and ending December 31, 2009;

(8)   Carrollton
Bancorp has limited bonus payments to its applicable employees in accordance with section 111 of EESA and the regulations and guidance established thereunder
during the period beginning on June 15, 2009 and ending on December 31, 2009;

(9)   The
board of directors of Carrollton Bancorp has established an excessive or luxury expenditures policy, as defined in the regulations and guidance established under
section 111 of EESA, has provided this policy to Treasury and its primary regulatory agency, and Carrollton Bancorp and its employees have complied with this policy during the period beginning on June
15, 2009 and ending December 31, 2009, and that any expenses requiring approval of the board of directors, a committee of the board of directors, an SEO, or an executive officer with a similar level
of responsibility, were properly approved;

(10) Carrollton
Bancorp will permit a non-binding shareholder resolution in compliance with any applicable Federal securities rules and regulations on the disclosures
provided under the Federal securities laws related to SEO compensation paid or accrued during the period beginning on June 15, 2009 and ending on December 31, 2009;

(11) Carrollton
Bancorp will disclose the amount, nature, and justification for the offering during the period beginning on June 15, 2009 and ending on December 31, 2009 of
any perquisites, as defined in the regulations and guidance established under section 111 of EESA, whose total value exceeds $25,000 for each employee subject to the bonus payment limitations
identified in paragraph (7);

(12) Carrollton
Bancorp will disclose whether Carrollton Bancorp, the board of directors of Carrollton Bancorp, or the compensation committee of Carrollton Bancorp has
engaged during the period beginning on June 15, 2009 and ending on December 31, 2009, a compensation consultant; and the services the compensation consultant or any affiliate of the compensation
consultant provided during this period;

(13) Carrollton
Bancorp has prohibited the payment of any gross-ups, as defined in the regulations and guidance established under section 111 of EESA, to the SEOs and the
next twenty most highly compensated employees during the period beginning on June 15, 2009 and ending on December 31, 2009;

1

---



(14) Carrollton
Bancorp has substantially complied with all other requirements related to employee compensation that are provided in the agreement between Carrollton Bancorp
and Treasury, including any amendments;

(15) Carrollton
Bancorp has submitted to Treasury a complete and accurate list of the SEOs and the twenty next most highly compensated employees for the current fiscal year
and the most recently completed fiscal year, with the non-SEOs ranked in descending order of level of annual compensation, and with the name, title and employer of each SEO and most highly compensated
employee identified; and

(16) I
understand that a knowing and willful false or fraudulent statement made in connection with this certification may be punished by fine, imprisonment, or both.

March 25, 2010



/s/ MARK A. SEMANIE Mark A. Semanie Senior Vice President and Chief Financial Officer


2

---