BALTIMORE Baltimore Bancorp said those attending a recent stockholder's meeting overwhelmingly approved its agreement to merge with First Fidelity Bancorp.

Shareholders of Baltimore Bancorp will receive $20.75 in cash for each share of common ,stock at the effective date of the merger.

Baltimore Bancorp is a Baltimore-based community bank holding company with $2.2 billion in assets. Its principal subsidiary, The Bank of Baltimore, founded in 1818, operates 41 branches within the Baltimore-Annapolis-Washington market.

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