BNET Industries

Market Cap:$4.2M
Last Fiscal Year Sales:$111.4M
  • Public
  • US
Dow Jones Description

1st Mariner Bank was founded in May 1995. At our formation, we employed just 20 people. Today, we employ more than 700 and are a continued source of job creation, especially in Baltimore City where we are headquartered. After just eight years in business, 1st Mariner Bank demonstrated unprecedented growth by reaching the milestone of $1 billion in assets. Today our assets exceed $1.3 billion.

Chairman & CEO
Edwin F. Hale Sr.
Number of Employees 975
Contact Information

3301 Boston St

Baltimore, Maryland 21224-4976

www.1stmarinerb...

(410) 342-2600

NAICS Code Commercial Banking: 522110

Recent Events

  • 1st Mariner restrictions tightened: Federal Reserve Bank must OK paying of dividends, new debt

    11/28/09 - Joint Venture / Alliance - View Story

  • First Mariner To Sell Mariner Finance For About $10.5 Mln - Quick Facts

    10/13/09 - Joint Venture / Alliance - View Story

  • Baltimore banker suing Constellation for $65 million

    8/12/09 - Financial Announcement - View Story

  • Banks report mixed earnings in 2nd quarter

    7/24/09 - Financial Announcement - View Story

  • First Mariner Bancorp executives get pay bumps

    6/19/09 - Mgmt. Change Entering - COO - View Story

Decision Makers

Name (plus bio) Position
Mark A. Keidel President & COO
Paul B. Susie CFO
Robert P. Warr Executive Vice President & Chief Risk Officer
George H. Mantakos Executive Vice President
Cindi Joynes Vice President, Reporting
Brian Clifford Director

Board of Directors

Name (plus bio) Position
Edwin F. Hale Sr. Chairman & CEO
Anirban Basu Board of Directors
Barry B. Bondroff Board of Directors
Bruce H. Hoffman Board of Directors
Edith B. Brown Board of Directors
Gregory Allen Devou Board of Directors
Hector Torres Board of Directors
John Brown Board of Directors
John J. Oliver Board of Directors
John McDaniel Board of Directors
Melvin Kabick Board of Directors
Michael R. Watson Board of Directors
Patricia Schmoke Board of Directors
Robert Caret Board of Directors
Stephen Burch Board of Directors

Organization Position Status
Marinerbank Chief Executive Officer Current
Maryland Business Council CEO Current
First Mariner Bancorp Chairman & CEO Current
Maryland Business Council Founder Current
Baltimore Blast Owner Current
Marinerbank Chairman Current
Maryland Business Council Chairman Current
MedStar Health Inc. Director Current
Miss USA Chairman Former
Essex Community College Former
American International College Former

Mark A. Keidel became the President of the Company and Chief Operating Officer of the Bank in May 2009. Mr. Keidel had been Senior Vice President and Chief Financial Officer of the Company and Executive Vice President of the Bank since June 2000. Prior to June 2000, Mr. Keidel was Senior Vice President and Chief Financial Officer of Mason Dixon Bancshares for the preceding five years.

Organization Position Status
First Mariner Bancorp President & COO Current
First Mariner Bancorp Board of Directors Current
First Mariner Bancorp CFO Former

Organization Position Status
First Mariner Bancorp CFO Current

Organization Position Status
First Mariner Bancorp Executive Vice President & Chief Risk Officer Current

Organization Position Status
First Mariner Bank President Current
First Mariner Bancorp Executive Vice President Current
First Mariner Bancorp Board of Directors Current
First Mariner Bank Executive Vice President Former

Organization Position Status
First Mariner Bancorp Vice President, Reporting Current

Anirban Basu is the founder, Chairman and CEO of Sage Policy Group, Inc., an economic and policy consulting firm in Baltimore, Maryland since 2004. He has a bachelor of Science Degree from Georgetown University and Master's Degrees from Harvard University and The University of Maryland, as well as a J.D. from the University of Maryland School of Law.

Organization Position Status
First Mariner Bancorp Board of Directors Current

Barry B. Bondroff is a Managing Partner for Smart & Associates in Baltimore, MD. Prior to that he was the managing officer of Grabush, Newman & Co., P.A. a certified public accounting firm, since 1982. Mr. Bondroff is a member of the American Institute of Certified Public Accountants, and is a former member of the Board of Directors of Baltimore Bancorp.

Organization Position Status
First Mariner Bancorp Board of Directors Current

Organization Position Status
First Mariner Bancorp Director Current

Organization Position Status
First Mariner Bancorp Board of Directors Current

Organization Position Status
First Mariner Bancorp Board of Directors Current

Gregory Allen Devou is the Executive Vice President and Chief Marketing Officer for CareFirst Blue Cross BlueShield, a healthcare payor since 1996. Prior to that, Mr. Devou served for a year as CareFirst Senior Vice President for Corporate Marketing.

Organization Position Status
First Mariner Bancorp Board of Directors Current

Hector Torres is the former Executive Director of the Governor's Commission on Hispanic Affairs. He formerly was the Battalion Chief and Public Information Officer of the Baltimore City Fire Department. He has been the President of Prosaber, an emergency management consulting company, since January 2005.

Organization Position Status
First Mariner Bancorp Board of Directors Current

John Brown III is President of M.B.K. Enterprises, Inc., (R.J. Bentley's Restaurant) and managing partner of The College Park Professional Center. Mr. Brown is also the former Chairman of the Maryland Stadium Authority.

Organization Position Status
First Mariner Bancorp Board of Directors Current

John J. Oliver Jr. has been the CEO and Publisher of the Afro-American Newspapers since 1986.

Organization Position Status
First Mariner Bancorp Board of Directors Current

Organization Position Status
First Mariner Bancorp Board of Directors Current

Organization Position Status
First Mariner Bancorp Board of Directors Current

Michael R. Watson is the President of the Maryland Pilots Association. He was the former President of the Association of Maryland Pilots.

Organization Position Status
First Mariner Bancorp Board of Directors Current

Patricia L. Schmoke has been a practicing ophthalmologist since 1982. She is also the President of Metropolitan Eye Care Associates, providing eye care with Baltimore Medical System.

Organization Position Status
First Mariner Bancorp Board of Directors Current

Robert L. Caret has been the President of Towson University since July 2003. He was the President of San Jose State University from 1995-2003 and Provost and Exectuive Vice President of Towson State University from 1991-1995. He is currently a member of the Board of Directors for CollegeBound Foundation and Franklin Square Hospital Center. He is a member of the Governor's Workforce Investment Board, and a member of the Center Club of Baltimore House Committee.

Organization Position Status
First Mariner Bancorp Board of Directors Current

Organization Position Status
First Mariner Bancorp Board of Directors Current

Executive News

  • Baltimore banker suing Constellation for $65 million

    Electricity Forum - 8/12/09 - View Story

  • Hale suing Constellation Energy for $65M: Developer says energy giant misled him over power plant

    Biz Journals - 8/11/09 - View Story

  • First Mariner Bank

    Baltimore Business Journal - 8/11/09 - View Story

  • CareFirst BlueCross BlueShield

    Baltimore Business Journal - 8/11/09 - View Story

  • Gebhardt & Smith

    Baltimore Business Journal - 8/11/09 - View Story

  • KSI Services Inc.

    Baltimore Business Journal - 8/11/09 - View Story

  • Whitney Bailey Cox & Magnani

    Baltimore Business Journal - 8/11/09 - View Story

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     FMAR $0.71 +0.05 (7.56% )
Average Volume 45,166
Shares Outstanding 6.45M
Market Cap 4.6M
Year High 4.5
Year Low 0.5
Earnings Per Share -2.75
P/E Ratio -0.26
Dividend N/A
Yield N/A
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