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Home > Company Index > Banking > Banking - Mid-Atlantic > First Mariner Bancorp

First Mariner Bancorp
Nasdaq: FMAR
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 PROFILE
First Mariner Bancorp is the holding company for First Mariner Bank, which operates 25 branches in central Maryland. Targeting individuals and regional businesses, the bank offers such standard deposit products as checking and savings accounts, money market accounts, and CDs. Lending activities consist mostly of residential and commercial mortgage loans (each about 25% of all loans); the bank also writes construction (about 20%) business, and consumer loans. First Mariner Mortgage, a subsidiary of the bank, originates mortgages for sale to secondary markets. Chairman and CEO Edwin Hale owns more than 25% of First Mariner Bancorp.

 COMPETITION
Carrollton Bancorp (CRRB)
Columbia Bancorp (CBMD)
Provident Bankshares Corporation (PBKS)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 60.50
1-Yr. Sales Growth: 26.6%
Employees: 438
Revenue per employee: $138,127.85

 KEY PEOPLE
• Edwin F. Hale
    CEO
• Mark A. Keidel
    CFO

 CONTACT INFO
1801 S. Clinton St.
Baltimore, MD 21224
US
Phone: 410-342-2600
Fax: 410-563-1594
Online: Web Site

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