Article: First Mariner Bancorp Reports 39% Increase in 3rd Quarter Earnings and Attainment of Significant State Tax Incentives.

First Mariner Bancorp , parent company of First Mariner Bank and Finance Maryland, LLC, today announced net income for the third quarter of 2003 of $1,402,000 compared to $1,008,000 for the third quarter last year, an increase of 39% and the highest quarterly profit in the Company's history. Diluted earnings per share increased 29% to $.23, from $.18 reported for the same quarter of 2002. For the nine month period ended September 30, 2003, net income totaled $3,885,000, an increase of 40% from $2,779,000 reported last year. Total Assets at the end of the quarter grew 19% from last year's third quarter and totaled $1.020 billion at September 30, 2003.

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