The Treasury Department will take a huge hit when Cecil Bancorp sells it bank, while 1st Mariner Bank in Baltimore will see its equity stake completely wiped out. Cecil opted for bankruptcy court when it was unable to resolve an impasse over its ... Read full article
Severn said it believes Mid Maryland Title Co. will complement its existing dealings in mortgages, commercial banking and commercial real estate. ... Read full article
Rob Kunisch will succeed Jack Steil as CEO of 1st Mariner Bank, which has been seeking to right itself after years of difficulties. ... Read full article
The company said it could use proceeds for repaying debt and acquisitions, among other things.age%22:Hz�/̘ ... Read full article
Shore Bancshares in Easton, Md., has agreed to buy three branches around Baltimore from Northwest Bancshares in Warren, Pa. ... Read full article
On Wednesday, two related companies – Stellar GT TIC LLC and VFF TIC LLC – voluntarily filed for chapter 11 protection in the bankruptcy court in Greenbelt, Maryland with a pre-negotiated plan of reorganization. The companies own an 891-unit multi-family ... Read full article
