Last year I wrote in a previous post that that local bank First Mariner Bancorp(FMAR) was struggling for survival. First Mariner is the largest independent bank in Baltimore and operates 24 branches in the area. The bank has announced plans to close its downtown Baltimore branch after losing over $2 a share the previous quarter. First Mariner is also facing delisting from the [...]
Jan
10
I have been keeping an eye on the financial condition of local banks in my area to determine the impact of the economic crisis on regional banks. The three banks that I looked at were M&T Bank, First Mariner Bank and Provident Bank Corp. The first bank is M&T Bank which is the second largest bank in the local area. M&T owns [...]