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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
  • Key deadline comes and goes for First Mariner

    Key deadline comes and goes for First Mariner
    A key deadline for Baltimore's First Mariner Bancorp to raise at least $70.3 million passed Monday without any word on whether the company has met that fundraising goal to keep alive a capital deal that would ensure the company's survival. The parent...
  • First Mariner reports another profitable quarter

    For the second quarter in a row, First Mariner Bancorp reported a profit, thanks to low interest rates, which have triggered a burst of mortgage lending. The Baltimore-based parent of 1st Mariner Bank announced Thursday that it earned $5.7 million in the...
  • TSA often seizes weapons at BWI

    TSA often seizes weapons at BWI
    Among the knives, real and toy pistols, and other dangerous weapons seized at BWI Marshall Airport, this one stood out: A curving 7-inch arc of jagged teeth with a brass knuckle-style grip. A blogger for the Transportation Security Administration...
  • First Mariner Bancorp reports quarterly profit

    First Mariner Bancorp reported Wednesday its first quarterly profit in five years, a sign of progress for the Baltimore institution struggling to raise capital and avoid a federal takeover. The company earned $1.8 million for the first three months of...
  • 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...
  • 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,...
  • New energy firm headquarters could alter city skyline

    New energy firm headquarters could alter city skyline
    Exelon Corp.'s pledge to build a new Baltimore headquarters as part of its proposed buyout of Constellation Energy could alter the city's skyline, injecting fresh life into the traditional downtown business district or further expanding the waterfront...
  • Investors should sell their losers now to reap a tax break

    Jim Loukota of Baltimore County is trying to make the best of a soured investment. The 60-year-old retired electrician owns 100 shares of First Mariner Bancorp that he bought for about $14.50 per share in the late 1990s and closed Monday a little over...
  • 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...
  • First Mariner's Hale retires

    First Mariner's Hale retires
    Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...