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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 34-44
  • 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...
  • 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...
  • 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...
  • 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 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,...
  • 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...
  • 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 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...