| 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...
| 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...
| Mar 31, 2011
| 6:33 PM
Auditors have raised doubts about First Mariner Bancorp's ability to remain in business, according to financial statements that the largest Baltimore-based bank, founded by prominent businessman Edwin F. Hale Sr., filed with regulators late Thursday....
| Apr 1, 2011
| 5:30 PM
First Mariner Bancorp Chairman and CEO Edwin F. Hale Sr. said Friday that the company is continuing to try to raise capital and to work with regulators who have put the largest Baltimore-based bank under heightened scrutiny for two years.
| Apr 8, 2011
| 2:38 PM
First Mariner Bancorp Chairman and Chief Executive Edwin F. Hale Sr.'s compensation dipped slightly to $542,825 in 2010, the namesake bank holding company said Friday.
Hale's base salary remained unchanged at $522,000. He and other executives did not...
| Apr 24, 2011
Edwin F. Hale Sr. has always run headfirst into challenges. Walking away is not his style.
But after years of trying to turn around the company he founded, that's what the First Mariner Bancorp chairman and chief executive agreed to do last week —...
| Apr 25, 2011
| 3:09 PM
First Mariner Bancorp's deal with a New York investment firm that would give the Baltimore institution a much-needed cash infusion sets two key deadlines for the company to raise additional capital, according to regulatory filings released Monday....
| Jul 18, 2011
| 2:43 PM
A key deadline for Baltimore's First Mariner Bancorp to raise at least $70.3 million passed Monday without any word on whether the company has met that fundraising goal to keep alive a capital deal that would ensure the company's survival.
| Aug 12, 2011
| 3:18 PM
First Mariner Bancorp must maintain stock listing on the Nasdaq Capital Market to close a cash-infusion deal with a New York investment firm and ensure its survival, according to regulatory documents filed Friday.
First Mariner is appealing Nasdaq's...
| Aug 26, 2011
| 5:34 PM
First Mariner Bancorp says it has been notified by Nasdaq Stock Market that it still fails to meet the standards to remain listed on the exchange, according to documents filed with securities regulators on Friday.
Nasdaq had given the Baltimore-based...
| Oct 28, 2011
| 4:40 PM
First Mariner Bancorp posted a $7.9 million loss in the third quarter as the Baltimore company continued to write down the value of distressed properties.
The hemorrhaging comes as the parent of 1st Mariner Bank is seeking to raise capital and ensure its...
| Aug 31, 2011
| 3:31 PM
First Mariner Bancorp, locked in a fight for survival, suffered another setback Wednesday when its stock was delisted from the Nasdaq stock market.
Starting Thursday, First Mariner shares will be traded on the over-the-counter bulletin board.