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Monday, November 30, 2009, 11:36AM ET - U.S. Markets close in 4 hours and 24 minutes. Dow Down 0.42% Nasdaq Down 0.81%
First Mariner Bancorp (FMAR)At 11:15AM ET: 0.608  Down 0.132 (17.84%)  
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First Mariner Bancorp
1501 South Clinton Street
Baltimore, MD 21224
United States - Map
Phone: 410-342-2600
Fax: 410-563-1594
Web Site: http://www.1stmarinerbank.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:975

BUSINESS SUMMARY 
First Mariner Bancorp operates as the holding company for First Mariner Bank that provides commercial banking and financial products and services to individuals and small to mid-sized businesses in Maryland. The company’s deposit products include checking accounts, savings accounts, money market accounts, and certificates of deposit. Its loan portfolio comprises real estate development and construction loans, residential real estate mortgage loans, and commercial real estate mortgage loans; commercial loans, such as working capital loans and lines of credit; and consumer loans, including home equity lines of credit, fixed rate second mortgages, new and used auto loans, new and used boat loans, overdraft protection, and unsecured personal credit lines. In addition, the company provides cash management services, money transfer services, and nondeposit investment products, as well as offers contemporary products and services, such as debit cards, mutual funds, annuities, insurance products, Internet banking, and electronic bill payment services. First Mariner Bancorp, through its other subsidiaries, engages in consumer finance activities, making small direct cash loans to individuals, the purchase of installment loan sales contracts from local merchants and retail dealers of consumer goods, and loans to individuals via direct mail solicitations; and provision of appraisal services for residential real estate lenders, including appraisal preparation, the compliance oversight of subcontracted appraisers, appraisal ordering and administration, and appraisal review. Further, it originates reverse and conventional mortgages. As of May 20, 2009, the company operated 25 full service bank branches in the Baltimore, Anne Arundel, Harford, Howard, Talbot, and Carroll counties in Maryland; the City of Baltimore, Maryland; and Shrewsbury, Pennsylvania. First Mariner Bancorp was founded in 1994 and is headquartered in Baltimore, Maryland.
Key Statistics

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    CORPORATE GOVERNANCE 
    First Mariner Bancorp's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 70.1% of CGQ Universe companies and 55% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Edwin F. Hale Sr., 62
    Chairman, Chief Exec. Officer, Chairman of Asset Liability Management Committee, Chairman of Exec. Committee, Chairman of First Mariner Bank and Chief Exec. Officer of First Mariner Bank
    $ 557.00K $ 0
    Mr. Mark A. Keidel , 47
    Chief Operating Officer, Director, Chief Operating Officer of First Mariner Bank of First Mariner Bank
    $ 210.00K $ 0
    Mr. George H. Mantakos , 66
    Exec. VP, Director, Member of Asset Liability Management Committee, Member of Exec. Committee, Pres of First Mariner Bank and Chief Lending Officer of First Mariner Bank
    $ 268.00K $ 0
    Mr. Joseph A. Cicero , 64
    Consultant
    $ 276.00K $ 0
    Mr. Paul B. Susie , 42
    Chief Financial Officer and Chief Financial Officer of First Mariner Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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