With Lubuntu_1404_For_BananaPi_v3_1_1.img and
apt-get update
apt-get upgrade
apt-get install fpc
apt-get install lazarus
I got fpc 2.6.2 and Lazarus 1.0.10. (See screenshot (SSH-X-forwarded ARM-Lazarus Aboutbox towards Windows, therefore the Windows border)).
Not the freshest one, but it works well.
CodeTyphon 4.92 does not yet support ARM Host systems. ( Tried it, messed up everything instead of quitting due to unsupported Host architecture - had to reflash the SD-Card finally).
By the way: A compiled simple graphical test application, compiled on Lubuntu BananaPi (ARM7) also runs unmodified on Raspbian Raspberry Pi (ARM6), without re-compilation, so that tells something about the fpc-ARM-compiler.