First Mariner Bancorp

First Mariner Bancorp decides not to bid for arena naming rights

For a decade, 1st Mariner's name adorned the Baltimore arena, but now the bank's parent company says it does not plan to bid for naming rights that expired last year. The bank's parent company has talked about the price for naming rights with Legends...

Tags: Odenton, 1st Mariner Arena, Advertising, Perry Hall, Ed Hale

Top First Mariner executive earned $495,362 last year

Compensation for First Mariner Bancorp's top executive reached $495,362 last year, about double from a year ago thanks to a bonus, according to a company filing with the Securities and Exchange Commission. Mark A. Keidel, president, chief operating...

Tags: Corporate Officers, Companies and Corporations, Ed Hale

1st Mariner no longer operating under FDIC fair lending cease and desist order

The Federal Deposit Insurance Corp. has lifted a cease and desist order that 1st Mariner Bank has operated under since April 2009, the bank announced Monday. The order required 1st Mariner to strengthen its fair lending practices because the FDIC...

Tags: Federal Deposit Insurance Corporation, Mortgages

First Mariner corrects preliminary earnings report

First Mariner Bancorp on Tuesday said it was correcting preliminary earnings figures released earlier for 2012, reducing its annual non-interest income by $892,000. According to the latest figures, the Baltimore-based bank holding company earned $699,000...

Ed Hale files $5M suit against 1st Mariner Arena operator

Edwin F. Hale Sr., the Baltimore developer and former CEO of First Mariner Bancorp, filed a $5 million lawsuit Monday against the operators of 1st Mariner Arena, alleging they are improperly using billboards that belong to him. Filed in Baltimore...

Tags: Baltimore Blast, Justice System, Public Officials, Peter G. Angelos, Ed Hale

Retired First Mariner CEO sells 1 million shares of stock

Tags: Companies and Corporations, Companies and Corporations, Ed Hale

In dispute with city, Hale moves businesses to Balto. Co.

Citing a soured relationship with city government, Edwin F. Hale Sr., the Baltimore trucking magnate, developer and former CEO of First Mariner Bancorp, said Wednesday that he has moved his businesses to Baltimore County. "I've been around for 43 years,...

Tags: Baltimore Blast, 1st Mariner Arena, Canton (Baltimore, Maryland), Emergency Incidents, Local Government

First Mariner's Hale retires

Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...

Tags: BWI Thurgood Marshall Airport, Corporate Officers, Wilmington Trust Company, Foreclosures, Ed Hale

Joe Flacco is Super Bowl MVP, but can he bring in super dollars?

Joe Flacco woke up groggy Monday after partying late into the night, hanging out with Jay-Z and Beyonce as he celebrated the game of his career. Early in the day, the Ravens quarterback received keys to a 2014 Corvette Stingray, the prize for being...

Tags: Tom Brady, Abusive Behavior, Joe Flacco, Robert Griffin III, Awards and Prizes

First Mariner posts fourth quarterly profit in a row

First Mariner Bancorp reported Thursday it earned about $1.6 million in the fourth quarter, the fourth quarter in a row that the Baltimore parent of 1st Mariner Bank posted a profit. First Mariner Bancorp reported Thursday that it earned about $1.6...

Tags: Finance, Mortgages, Financial and Business Services

New energy firm headquarters could alter city skyline

Exelon Corp.'s pledge to build a new Baltimore headquarters as part of its proposed buyout of Constellation Energy could alter the city's skyline, injecting fresh life into the traditional downtown business district or further expanding the waterfront...

Tags: Exelon Corp., Rentals, Plant Openings, Educate Incorporated, Stephanie Rawlings-Blake

SMG again wins bid to operate 1st Mariner Arena

Current operator SMG is the winning bidder for a new five-year contract to run 1st Mariner Arena and oversee its potential renaming, according to a memo from the city's top purchasing agent. SMG's proposal awaits approval by the Baltimore Board of...

Tags: Willard Hackerman, Corporate Officers, Baltimore Blast, Ed Hale, Maryland Stadium Authority