First Mariner Bancorp

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...

Tags: 1st Mariner Arena, Perry Hall, Ed Hale, Advertising, Odenton

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...

Tags: Corporate Officers, Companies and Corporations, Ed Hale, Economy, Business and Finance

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...

Tags: Mortgages, Federal Deposit Insurance Corporation

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...

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...

Tags: 1st Mariner Arena, Ed Hale, Justice System, Laws, Times Square

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,...

Tags: 1st Mariner Arena, William Donald Schaefer, Explosions, Ed Hale, Emergency Incidents

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...

Tags: David Letterman, Joe Flacco, Robert Griffin III, Super Bowl, Awards and Prizes

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...

Tags: Financial and Business Services, Mortgages, Finance, Economy, Business and Finance

SMG again wins bid to operate 1st Mariner Arena

Current operator SMG is the winning bidder for a new five-year contract to run 1st Mariner Arena and oversee its potential renaming, according to a memo from the city's top purchasing agent. SMG's proposal awaits approval by the Baltimore Board of...

Tags: 1st Mariner Arena, Corporate Officers, Ed Hale, AEG, The Whiting-Turner Contracting Company

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...

Tags: Ed Hale, Investments

First Mariner Bancorp reports third quarterly profit in a row

First Mariner reports another profitable quarter

Tags: Corporate Officers, Companies and Corporations, Financial and Business Services, Mortgages, Ed Hale