| Apr 12, 2014
| 7:06 PM
A regional Pennsylvania bank submitted the highest bid at the auction for Baltimore's 1st Mariner Bank in a deal that must still be approved by a federal bankruptcy court judge and banking regulators.
National Penn Bank offered $19.1 million for 1st...
| Apr 9, 2014
| 4:34 PM
1st Mariner Bank, Baltimore's largest independent bank, will go to auction Thursday morning with two bidders vying for the bank.
Parent company First Mariner Bancorp is selling the bank as part of the parent's Chapter 11 bankruptcy, filed Feb. 10. The...
| Apr 7, 2014
| 5:30 PM
The future of 1st Mariner, Baltimore's largest independent bank, could be decided this week.
A bankruptcy judge approved First Mariner Bancorp's request last month to sell its bank as part of the parent company's Chapter 11 bankruptcy filing. Bids for...
| Apr 1, 2014
| 10:06 AM
First Mariner Bancorp's losses mounted last year before the parent of 1st Mariner Bank filed for bankruptcy protection in February.
The bank itself is not included in the Chapter 11 bankruptcy, and its Baltimore-based parent has stressed that bank...
| Jun 18, 2014
| 2:30 PM
Investors who tried for years to get a stake in 1st Mariner Bank have closed on their purchase of the Baltimore institution.
New CEO Jack E. Steil and president Robert D. Kunisch Jr. said Wednesday that the deal was finalized Tuesday night. The...
| Jun 3, 2014
| 12:15 PM
First Mariner Bancorp's days of publicly traded stock are coming to an end.
The Baltimore-based company said in a U.S. Securities and Exchange Commission filing Monday that it expects its stock will be delisted from the OTC Bulletin Board as soon as...
| Jun 9, 2014
| 1:31 PM
The investors buying 1st Mariner Bank said Monday that they've received the regulatory approvals they need and expect to close on the deal as soon as next week, turning the page on the Baltimore institution's most tumultuous chapter.
The purchasers ...
| Jun 10, 2014
| 3:14 PM
First Mariner Bancorp corrected a week-old filing with the Securities and Exchange Commission to say that its stock would continue trading and likely be listed on the over-the-counter "Pink Sheets."
The parent company of 1st Mariner Bank said its June...
| Apr 15, 2014
| 7:24 AM
An all-out battle over Baltimore's last major independent bank broke out Monday in federal bankruptcy court, leaving a judge to decide — potentially later this week — whether the institution is sold to an investment group with local ties or to...
| Apr 15, 2014
| 4:58 PM
In a surprising reversal, last week's losing bidder for 1st Mariner Bank got approval Tuesday to buy it — preserving the city's largest independent bank as a Baltimore-based institution.
The group of investors, a mix of locals and out-of-state...
| Apr 19, 2014
| 11:00 AM
High finance is a small world, just as Baltimore is a small town, and it showed as potential conflicts of interest cropped up during a fight over ownership of the city's biggest local bank.
Two groups bid for 1st Mariner Bank in an April 10 auction, held...
| Feb 10, 2014
| 4:12 PM
The parent company of 1st Mariner Bank said Monday that it has signed a deal to sell the bank after years of regulatory demands that it increase its capital, potentially ending the company's long struggle to right itself after the mortgage crisis.