RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

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 37-48
  • First Mariner could seek another deal or partner

    First Mariner Bancorp can seek an alternative deal or partner to raise capital it needs to survive under an amended agreement with Priam Capital, according to regulatory documents filed Tuesday. The clause that prevented First Mariner from soliciting...
  • First Mariner has new deadline to raise money

    First Mariner Bancorp said Thursday that it has extended an agreement with New York investment firm, giving the Baltimore bank more time to raise much-needed capital to survive. First Mariner faced a Sept. 1 deadline to raise nearly $124 million. The...
  • Priam Capital says it's still committed to First Mariner deal

    The New York investment firm that wants to invest in struggling First Mariner Bancorp said Thursday it was still committed to the deal that would provide much-needed capital for the bank. Howard Feinglass, a Baltimore native who heads Priam Capital, said...
  • First Mariner delisted from Nasdaq stock market

    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. The latest...
  • Nasdaq issues another warning to First Mariner

    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...
  • First Mariner posts another quarterly loss

    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...
  • First Mariner faces deadline to raise capital

    First Mariner faces deadline to raise capital
    Seven months after First Mariner Bancorp struck a cash-infusion deal that Chairman Edwin F. Hale Sr. characterized as a "significant milestone" in the struggling Baltimore company's efforts to raise its capital levels, a second deadline has come and gone,...
  • New energy firm headquarters could alter city skyline

    New energy firm headquarters could alter city skyline
    Exelon Corp.'s pledge to build a new Baltimore headquarters as part of its proposed buyout of Constellation Energy could alter the city's skyline, injecting fresh life into the traditional downtown business district or further expanding the waterfront...
  • Investors should sell their losers now to reap a tax break

    Jim Loukota of Baltimore County is trying to make the best of a soured investment. The 60-year-old retired electrician owns 100 shares of First Mariner Bancorp that he bought for about $14.50 per share in the late 1990s and closed Monday a little over...
  • First Mariner's Hale retires

    First Mariner's Hale retires
    Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...
  • Retired First Mariner CEO sells 1 million shares of stock

    First Mariner Bancorp's newly retired chief executive told regulators that he sold just over 1 million shares of company stock this week — for a grand total of $21,084. Edwin F. Hale Sr., who founded the Baltimore parent of 1st Mariner Bank, said...
  • First Mariner appeals Nasdaq delisting decision

    First Mariner Bancorp is appealing a Nasdaq Stock Market decision to delist the company's stock from the Nasdaq Capital Market. The Baltimore-based parent of 1st Mariner Bank said Thursday that it has requested a hearing, which will prevent delisting...