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First Mariner Bancorp

A collection of news and information related to First Mariner Bancorp published by this site and its partners.

Top First Mariner Bancorp Articles

Displaying items 13-24
  • 1st Mariner Bank auction set for April

    1st Mariner Bank auction set for April
    A bankruptcy judge approved First Mariner Bancorp's request to auction off its Baltimore bank quickly, a process that drew heated objections from creditors and the U.S. trustee. Judge David E. Rice set the deadline to bid on 1st Mariner Bank for April 7,...
  • Mariner Finance expands to new Baltimore County headquarters

    Mariner Finance expands to new Baltimore County headquarters
    Mariner Finance will move its corporate headquarters to Baltimore County later this year, part of a broader planned expansion of the Baltimore-based consumer-loan company. The recovering economy has boosted the growth of the company, founded in 2002...
  • 1st Mariner Bank to be sold to investors

    1st Mariner Bank to be sold to investors
    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. A...
  • Time running out for First Mariner Bancorp to postpone interest payments to investors

    Time running out for First Mariner Bancorp to postpone interest payments to investors
    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...
  • First Mariner to close two more branches

    First Mariner to close two more branches
    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...
  • First Mariner reports $7.4 million loss in third quarter

    First Mariner reports $7.4 million loss in third quarter
    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...
  • Now an outsider, Ed Hale wants to clear the air

    Now an outsider, Ed Hale wants to clear the air
    Ed Hale wants to buy the Baltimore Arena, but the city said the aging facility is not for sale. Two years after his departure from First Mariner Bancorp, the bank he launched and turned into the city's largest, Hale finds himself on the outside...
  • First Mariner reports $1.48 million loss

    First Mariner reports $1.48 million loss
    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-...
  • So long, 1st Mariner. Welcome back, Baltimore Arena

    So long, 1st Mariner. Welcome back, Baltimore Arena
    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...
  • M&T Bank executive named chair of Baltimore Convention and Tourism Board

    M&T Bank executive named chair of Baltimore Convention and Tourism Board
    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...
  • First Mariner Bancorp decides not to bid for arena naming rights

    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...
  • Top First Mariner executive earned $495,362 last year

    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...