Maryland

Eagle Bancorp Inc. of Bethesda, Md., on Monday agreed to acquire a Washington branch along with $17.2 million in deposits from OBA Bank.

Old Line Bancshares Inc. in Bowie, Md., plans to acquire Maryland Bankcorp Inc. in a cash-and-stock deal valued at $20 million.

Premier Financial Bancorp Inc. in Huntington, W.Va., plans to roll up five of its unit banks into one. The $1.1 billion-asset multibank holding company said Tuesday it would merge these units: Boone County Bank in Madison, W.Va.; First Central Bank in Philippi, W.Va.; Traders Bank in Ravenswood, W.Va.; Adams National Bank in Washington; and Consolidated Bank and Trust in Richmond, Va. The combined entity would have $800 million of assets.

The $1.94 billion-asset company said its second-quarter profit rose 52%, to $3.1 million, or 15 cents a share, compared with earnings of $2.1 million, or 16 cents a share, a year earlier.

Hovde Acquisitions, a Washington private equity firm, used a shelf charter to pick up the $282 million-asset Bay National Bank in Baltimore, which was closed by the Office of the Comptroller of the Currency and was one of four failures on Friday.

Hovde Acquisitions, a Washington private equity firm, used a shelf charter to pick up the $282 million-asset Bay National Bank in Baltimore, which was closed by the Office of the Comptroller of the Currency and was one of four failures on Friday.

Cecil Bancorp Inc. in Maryland and its subsidiary Cecil Bank Friday agreed not to declare or pay any dividends without the prior consent of federal and state regulators.

Lured by the chance to raise capital and worried about the future of the Office of Thrift Supervision, a wave of mutual holding companies have received approval to convert to full stock companies.

Independence Federal Savings Bank in Washington has called off its acquisition of Colombo Bank in Rockville, Md., after an indication from regulators that the deal had been delayed indefinitely.

CapitalSource Inc. in Chevy Chase, Md., announced Monday that it has acquired MainStreet Lender LLC, a Small Business Administration lender, for $100 million.

First Mariner Bancorp of Baltimore has boosted its common equity by $10.9 million. The $1.38 billion-asset company announced Tuesday that it had raised $3.9 million through a rights offering to existing shareholders, and raised the remaining $7 million in a public stock offering.

Sandy Spring Bancorp in Olney, Md., on Thursday announced pricing for a common stock offering expected to raise at least $87.7 million.

Institutions in Florida, Illinois, Maryland and Utah failed Friday, bringing the year's total to 26. The failed banks held combined assets of roughly $1.1 billion and their resolution is expected to cost the Deposit Insurance Fund more than $300 million.

Institutions in Florida, Illinois, Maryland and Utah failed Friday, bringing the year's total to 26. The failed banks held combined assets of roughly $1.1 billion and their resolution is expected to cost the Deposit Insurance Fund more than $300 million.

Glen Burnie Bancorp of Maryland said its 2009 net income rose 212% to $1.26 million.

First Mariner Bancorp's sale of its consumer finance arm hurt its quarterly results, but boosted capital.

On Tuesday, the $1.5 billion-asset company filed a registration statement that would allow it to raise up to $20 million by extending rights to its shareholders to buy new common shares.

Shares of Severn Bancorp Inc. fell Tuesday after the Annapolis, Md., company announced that it has come under more regulatory scrutiny.

CapitalSource Inc. of Chevy Chase, Md., said Monday that its third-quarter net loss widened 11.2% from the previous quarter, to $274 million, as it increased its loss allowance by 97 basis points, to 5.48% of commercial loan assets.

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