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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 25-36
  • 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,...
  • First Mariner posts fourth quarterly profit in a row

    First Mariner posts fourth quarterly profit in a row
    First Mariner Bancorp reported Thursday it earned about $1.6 million in the fourth quarter, the fourth quarter in a row that the Baltimore parent of 1st Mariner Bank posted a profit. First Mariner Bancorp reported Thursday that it earned about $1.6...
  • Joe Flacco is Super Bowl MVP, but can he bring in super dollars?

    Joe Flacco is Super Bowl MVP, but can he bring in super dollars?
    Joe Flacco woke up groggy Monday after partying late into the night, hanging out with Jay-Z and Beyonce as he celebrated the game of his career. Early in the day, the Ravens quarterback received keys to a 2014 Corvette Stingray, the prize for being...
  • SMG again wins bid to operate 1st Mariner Arena

    SMG again wins bid to operate 1st Mariner Arena
    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...
  • 1st Mariner no longer operating under FDIC fair lending cease and desist order

    1st Mariner no longer operating under FDIC fair lending cease and desist order
    The Federal Deposit Insurance Corp. has lifted a cease and desist order that 1st Mariner Bank has operated under since April 2009, the bank announced Monday. The order required 1st Mariner to strengthen its fair lending practices because the FDIC...
  • First Mariner corrects preliminary earnings report

    First Mariner corrects preliminary earnings report
    First Mariner Bancorp on Tuesday said it was correcting preliminary earnings figures released earlier for 2012, reducing its annual non-interest income by $892,000. According to the latest figures, the Baltimore-based bank holding company earned $699,000...
  • Auditors raise doubts about First Mariner's future

    Auditors raise doubts about First Mariner's future
    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....
  • Hale: First Mariner working with regulators despite doubts over future

    Hale: First Mariner working with regulators despite doubts over future
    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. Hale was...
  • First Mariner chief Hale's pay down slightly in 2010

    First Mariner chief Hale's pay down slightly in 2010
    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...
  • First Mariner, Hale face future without each other

    First Mariner, Hale face future without each other
    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 —...
  • First Mariner faces capital raising deadlines

    First Mariner faces capital raising deadlines
    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....
  • Key deadline comes and goes for First Mariner

    Key deadline comes and goes for First Mariner
    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. The parent...