Tuesday, August 15, 2017

Howard Bank to acquire First Mariner for $163.4 million

Howard Bancorp plans to acquire First Mariner Bank for $163.4 million, a deal creating the largest community bank in Greater Baltimore. The combined company will operate under the Howard Bank name and be headquartered in First Mariner’s existing offices in Canton. After completion of the deal — expected to happen in the fourth quarter — Ellicott City-based Howard will have 21 branches in Greater Baltimore, with assets of $2.1 billion, portfolio loans of $1.5 billion and deposits of $1.6 billion…



from https://www.bizjournals.com/baltimore/news/2017/08/15/howard-bank-to-acquire-first-mariner-for-163-4.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/164213955757

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