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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 12-22
  • 1st Mariner buyers win regulatory approval

    1st Mariner buyers win regulatory approval
    The investors buying 1st Mariner Bank said Monday that they've received the regulatory approvals they need and expect to close on the deal as soon as next week, turning the page on the Baltimore institution's most tumultuous chapter. The purchasers &#...
  • First Mariner Bancorp stock to continue trading despite reporting error

    First Mariner Bancorp stock to continue trading despite reporting error
    First Mariner Bancorp corrected a week-old filing with the Securities and Exchange Commission to say that its stock would continue trading and likely be listed on the over-the-counter "Pink Sheets." The parent company of 1st Mariner Bank said its June...
  • 1st Mariner Bank to be sold to investors

    1st Mariner Bank to be sold to investors
    The parent company of 1st Mariner Bank said Monday that it has signed a deal to sell the bank after years of regulatory demands that it increase its capital, potentially ending the company's long struggle to right itself after the mortgage crisis. A...
  • Time running out for First Mariner Bancorp to postpone interest payments to investors

    Time running out for First Mariner Bancorp to postpone interest payments to investors
    First Mariner Bancorp faces a year-end deadline to pay millions in interest or risk default. The company's weak finances and the regulatory constraints on its bank, 1st Mariner Bank, leave the Baltimore-based holding company with few options, said...
  • Now an outsider, Ed Hale wants to clear the air

    Now an outsider, Ed Hale wants to clear the air
    Ed Hale wants to buy the Baltimore Arena, but the city said the aging facility is not for sale. Two years after his departure from First Mariner Bancorp, the bank he launched and turned into the city's largest, Hale finds himself on the outside...
  • Ed Hale files $5M suit against 1st Mariner Arena operator

    Ed Hale files $5M suit against 1st Mariner Arena operator
    Edwin F. Hale Sr., the Baltimore developer and former CEO of First Mariner Bancorp, filed a $5 million lawsuit Monday against the operators of 1st Mariner Arena, alleging they are improperly using billboards that belong to him. Filed in Baltimore...
  • So long, 1st Mariner. Welcome back, Baltimore Arena

    So long, 1st Mariner. Welcome back, Baltimore Arena
    Good thing they held on to that baltimorearena.com Web address. What until this week had been known as 1st Mariner Arena, Baltimore's largest concert and indoor sports venue, is officially dropping the reference to 1st Mariner Bank from its name and...
  • First Mariner reports $1.48 million loss

    First Mariner reports $1.48 million loss
    First Mariner Bancorp blamed rising interest rates and a slowdown in refinancings for its $1.48 million second quarter loss. On a per share basis, the Baltimore-based parent of 1st Mariner Bank, lost 8 cents in the quarter ended June 30. For the April-...
  • 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...
  • 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...
  • Top First Mariner executive earned $495,362 last year

    Top First Mariner executive earned $495,362 last year
    Compensation for First Mariner Bancorp's top executive reached $495,362 last year, about double from a year ago thanks to a bonus, according to a company filing with the Securities and Exchange Commission. Mark A. Keidel, president, chief operating...