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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 Bank buyers close on sale

    1st Mariner Bank buyers close on sale
    Investors who tried for years to get a stake in 1st Mariner Bank have closed on their purchase of the Baltimore institution. New CEO Jack E. Steil and president Robert D. Kunisch Jr. said Wednesday that the deal was finalized Tuesday night. The...
  • First Mariner says stock to be delisted in June

    First Mariner says stock to be delisted in June
    First Mariner Bancorp's days of publicly traded stock are coming to an end. The Baltimore-based company said in a U.S. Securities and Exchange Commission filing Monday that it expects its stock will be delisted from the OTC Bulletin Board as soon as...
  • 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...
  • 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...
  • 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...
  • 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,...
  • 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...
  • First Mariner reports $7.4 million loss in third quarter

    First Mariner reports $7.4 million loss in third quarter
    First Mariner Bancorp on Friday reported a $7.4 million loss in the third quarter, which the Baltimore-based company blamed on a steep increase on interest rates that dampened its mortgage business. The loss amounts to 38 cents per share, compared...