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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
  • 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...
  • 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...
  • 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...
  • 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...
  • 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-...
  • 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...
  • First Mariner withdraws from Priam Capital deal

    First Mariner withdraws from Priam Capital deal
    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...
  • First Mariner Bancorp reports third quarterly profit in a row

    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...
  • First Mariner reports another profitable quarter

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

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

    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,...