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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 37-48
  • 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...
  • 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...
  • 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 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...
  • 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 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...
  • TSA often seizes weapons at BWI

    TSA often seizes weapons at BWI
    Among the knives, real and toy pistols, and other dangerous weapons seized at BWI Marshall Airport, this one stood out: A curving 7-inch arc of jagged teeth with a brass knuckle-style grip. A blogger for the Transportation Security Administration...
  • First Mariner Bancorp reports quarterly profit

    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...