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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 45-55
  • First Mariner Bancorp reports third quarterly profit in a row

    First Mariner Bancorp reported Wednesday that it earned $7.9 million in the quarter ended in September, the third quarter in a row that the struggling parent of 1st Mariner Bank reported a profit. On a per-share basis, the Baltimore-based holding company...
  • First Mariner withdraws from Priam Capital deal

    First Mariner withdraws from Priam Capital deal
    First Mariner Bancorp announced Friday that it is dropping out of an agreement that called for Priam Capital Fund I, a New York investment firm, to invest $36.4 million in the Baltimore-based bank holding company. "Circumstances of the bank have...
  • 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,...
  • 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...
  • First Mariner Bancorp decides not to bid for arena naming rights

    First Mariner Bancorp decides not to bid for arena naming rights
    For a decade, 1st Mariner's name adorned the Baltimore arena, but now the bank's parent company says it does not plan to bid for naming rights that expired last year. The bank's parent company has talked about the price for naming rights with Legends...
  • M&T Bank executive named chair of Baltimore Convention and Tourism Board

    M&T Bank executive named chair of Baltimore Convention and Tourism Board
    M&T Bank Corp. executive Atwood "Woody" Collins III has succeeded Edwin F. Hale Sr. as chair of the Baltimore Convention and Tourism Board, city officials said Monday. The appointment of Collins, an executive vice president of M&T, became effective...
  • 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....
  • No lights off, Hale asks

    No lights off, Hale asks
    Developer and banker Edwin F. Hale Sr. is asking a Baltimore court to stop Constellation Energy, the parent of Baltimore Gas and Electric Co., from shutting off the lights of First Mariner Tower and 15 tenants occupying the Canton Crossing building. It...
  • 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...