Half-Off Sale: First Mariner Makes Deal to Boost Ratios

Ordered by regulators to improve capital ratios at its bank unit, First Mariner Bancorp is unloading a consumer finance arm for about half of what it thinks it is worth.

OTS Seeks Maryland Bank Firms Receivership

Regulators closed Bradford Bank in Baltimore on Friday. It was a mutual bank owned by the holding companies Bradford Bank MHC and Bradford Mid-Tier Co.

Three More Banks Collapse

Three banks totaling $1.9 billion in assets failed late Friday, bringing the year's closure total to 84.

CapitalSource Posts a $247M 2Q Loss

CapitalSource reported Thursday that it swung to a $247M loss in the 2Q, from a profit of $62M a year earlier, as credit quality continued to worsen.

CapitalSource Prices Stock Offering

CapitalSource Inc., in Chevy Chase, Md., is moving forward with plans to sell $71.8 million of common stock and $300 million of senior secured notes.

Provision Sparks CapitalSource Loss

CapitalSource of Chevy Chase, Md., said Thursday that it swung to a $104M loss in the first quarter, from a $5.2M profit a year earlier, as credit quality worsened ...

Shore Completes Tarp Refund

Shore Bancshares Inc. of Easton, Md., returned its government capital this week.

Mortgage Firm to Buy Maryland Bank

Capital Funding Bancorp Inc. in Baltimore said Tuesday that it had agreed to buy AmericasBank Corp. in Towson, Md., for an undisclosed cash sum.

Independence to Buy Colombo of Maryland

Colombo Bank would be merged into the $173 million-asset Independence Federal, whose branch count would go from four to nine.

Regulators Shut Three Community Banks

Ocala, Suburban, MagnetBank felled by mortgage loans

Bank failures in Utah, Maryland and Florida late Friday brought the total for 2009 to six.

Thrift's Future in Doubt as OTS Deadline Looms

Suburban Federal Savings Bank in Maryland has until Friday to find a buyer that would restore it to adequate capitalization under an order from the Office of Thrift Supervision.

With Deal, M&T Grabs for Retail Lead in Maryland

Provident purchase would make it No. 2 in state in deposits

Rene F. Jones, M&T's chief financial officer, said Friday that his company has been eager to beef up in the Baltimore-Washington region because there are few opportunities ...

CapitalSource Plans a Status Change

CapitalSource in Chevy Chase, Md., said it plans to give up its status as a real estate investment trust and reorganize as a bank holding company.

Problem Loans Sting Carrollton

Carrollton Bancorp in Baltimore said Monday that a spike in problem loans slashed its third-quarter profit 94% from the year-earlier period, to $51,000.