| Nov 15, 2013
| 4:51 PM
First Mariner Bancorp faces a year-end deadline to pay millions in interest or risk default.
The company's weak finances and the regulatory constraints on its bank, 1st Mariner Bank, leave the Baltimore-based holding company with few options, said...
| Nov 12, 2013
| 9:57 AM
First Mariner Bancorp, parent of 1st Mariner Bank, said it is closing two branches early next year, leaving the Baltimore-based bank with 16 branches.
The bank plans to merge its Arbutus branch into one at Woodlawn, while consolidating an Easton...
| Nov 8, 2013
| 12:06 PM
First Mariner Bancorp on Friday reported a $7.4 million loss in the third quarter, which the Baltimore-based company blamed on a steep increase on interest rates that dampened its mortgage business.
The loss amounts to 38 cents per share, compared...
| Aug 14, 2013
| 3:39 PM
First Mariner Bancorp blamed rising interest rates and a slowdown in refinancings for its $1.48 million second quarter loss.
On a per share basis, the Baltimore-based parent of 1st Mariner Bank, lost 8 cents in the quarter ended June 30. For the April-...
| Aug 2, 2013
| 3:24 PM
Good thing they held on to that baltimorearena.com Web address.
What until this week had been known as 1st Mariner Arena, Baltimore's largest concert and indoor sports venue, is officially dropping the reference to 1st Mariner Bank from its name and...
| May 20, 2013
| 10:16 AM
M&T Bank Corp. executive Atwood "Woody" Collins III has succeeded Edwin F. Hale Sr. as chair of the Baltimore Convention and Tourism Board, city officials said Monday.
The appointment of Collins, an executive vice president of M&T, became effective...
| May 14, 2013
| 4:15 PM
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...
| Nov 9, 2012
| 4:46 PM
First Mariner Bancorp announced Friday that it is dropping out of an agreement that called for Priam Capital Fund I, a New York investment firm, to invest $36.4 million in the Baltimore-based bank holding company.
"Circumstances of the bank have...
| Dec 14, 2012
| 4:43 PM
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...
| Jul 26, 2012
| 2:34 PM
For the second quarter in a row, First Mariner Bancorp reported a profit, thanks to low interest rates, which have triggered a burst of mortgage lending.
The Baltimore-based parent of 1st Mariner Bank announced Thursday that it earned $5.7 million in the...
| Apr 25, 2012
| 2:29 PM
First Mariner Bancorp reported Wednesday its first quarterly profit in five years, a sign of progress for the Baltimore institution struggling to raise capital and avoid a federal takeover.
The company earned $1.8 million for the first three months of...
| Oct 31, 2012
| 3:11 PM
First Mariner Bancorp reported Wednesday that it earned $7.9 million in the quarter ended in September, the third quarter in a row that the struggling parent of 1st Mariner Bank reported a profit.
On a per-share basis, the Baltimore-based holding company...