Maryland

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.

Regulators closed the $452 million-asset Bradford Bank in Baltimore on Friday. It was a mutual bank owned by the holding companies Bradford Bank MHC and Bradford Mid-Tier Co.

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

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.