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Article: First Mariner Bancorp Reports 39% Increase in 3rd Quarter Earnings and Attainment of Significant State Tax Incentives.
- Article from:
- PR Newswire
- Article date:
- October 21, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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.
The ...
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Article: First Mariner Earns Record 1st Quarter Profits; Net income ...
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700+ words
... ... First Mariner Bank and Finance Maryland, LLC, today announced ... income for the 1st quarter of 2006 increased 21 ... 90% for the first quarter of 2006. -- The provision ... thousand in the same quarter last year. The allowance ... increased sales of Finance Maryland. Rental income ...
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