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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
  • 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....
  • 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...
  • First Mariner reports $11 million loss in second quarter

    First Mariner Bancorp's bleeding increased during the second quarter as continued write-downs of real estate and bad loans left the Baltimore company with $11 million in losses. The 1st Mariner Bank parent, locked in a battle for survival, said Friday...
  • First Mariner must maintain stock listing for cash deal

    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...
  • Hale is retired from bank, but he's not out of business

    Hale is retired from bank, but he's not out of business
    EASTON – Shortly before sunrise, Edwin F. Hale Sr. scatters decoys on the water, preparing for a day of waterfowl hunting on his Talbot County farm. The day dawns cloudy, a good sign because ducks and geese fly low under clouds, Hale says, as he...
  • First Mariner loses nearly $4 million in fourth quarter

    First Mariner Bancorp said Monday that it lost almost $4 million during the three months ending Dec. 31, about the same as a year earlier after accounting for a one-time tax charge in the fourth quarter of 2010. It was the 19th straight quarter in the...
  • 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 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...