Showing posts with label Business Banking CCo. Show all posts
Showing posts with label Business Banking CCo. Show all posts

Saturday, August 20, 2011

Democratic Advocate, August 20, 1948: Consolidation Planned By Three Westminster Banks

Consolidation Planned By Three Westminster Banks

Democratic Advocate, August 20, 1948

The proposed consolidation of three of Westminster's banks, The Westminister Savings Bank, The Farmers and Mechanic National Bank of Westminster, and The First National Bank of Westminster, was announced yesterday.

The three institutions would become a national banking association under the amended charter of The First National Bank of Westminster. Assets of the merged institution, to be known as Carroll County National Bank of Westminster, would be in excess of $41,000,000.

According to the joint statement issued by the Presidents of the three banks, conversations among the institutions have been going on for several months.

A joint consolidation committee, consisting of three Directors from each bank, has worked out the details of the consolidation and with officials have drawn up an agreement which was approved by the Board of Directors of all three institutions without dissent on July 29th last.

Democratic Advocate, August 20, 1948.

[19480820 Consolidation Planned By Three Westminster Banks DemoAdvo] 19480820 Consolidation Planned By Three Westminster Banks DemoAdvo

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My columns appear in the copy of the Baltimore Sunday Sun that is distributed in Carroll County:

Friday, May 22, 2009

Mark Keidel from Carroll County promoted to chief operating officer of 1st Mariner Bank

1st Mariner Bank Promotes Executives as It Prepares for Future Growth

Company Release - 05/20/2009 12:00

On Wednesday May 20, 2009, 12:00 pm EDT

Mark A. Keidel is named director and chief operating officer of 1st Mariner Bank, Paul B. Susie is appointed chief financial officer and Robert P. Warr is promoted to chief risk officer and executive vice president

BALTIMORE, May 20 /PRNewswire-FirstCall/ -- 1st Mariner Bank (Nasdaq:
FMAR - News) today promoted Mark A. Keidel to chief operating officer of the bank and holding company, and Robert P. Warr to chief risk officer and executive vice president. 1st Mariner also announced that Paul B. Susie will be appointed to the position of Chief Financial Officer.

As chief operating officer, Keidel will be responsible for the day-to-day operations of the bank and the holding company, 1st Mariner Bancorp, which has $1.377 billion in assets and employs 700 people. He also will become a director of both entities. Most recently, Keidel was 1st Mariner's chief financial officer.

As chief risk officer, a newly created position at the bank, Warr will be responsible for the quality and profitability of the bank's loan portfolio. He will oversee the credit function, legal department, construction administration and the bank's appraisal subsidiary. Most recently, Warr was senior vice president of commercial lending.

As chief financial officer, Susie succeeds Keidel and will be responsible for supervising the bank's general accounting, purchasing and regulatory accounting functions.

The promotions are effective immediately, said Edwin F. Hale Sr., Chairman and Chief Executive of 1st Mariner Bancorp.

"Mark and Bob are extraordinarily talented and dedicated individuals who have demonstrated remarkable skill during these past two difficult years," Hale said. "Paul is an excellent addition to our executive management team, bringing fresh perspective and solid business experience. They have each proven to be strong leaders and adept decision makers and will be an integral part of 1st Mariner Bank as we work to improve profitability and seize upon the many opportunities we see in the market."

Keidel replaces Joseph A. Cicero, 65, who retires May 22nd. Cicero, who was chief operating officer and president of 1st Mariner Bancorp, will continue to work with the bank on a consulting basis through the end of the year. He is a 14-year 1st Mariner Bank veteran and a 38-year veteran of the banking industry.

"Joe has made a significant contribution to the development of 1st Mariner," Hale said. "His efforts and leadership have been invaluable."

Keidel joined 1st Mariner in June 2000 as executive vice president and chief financial officer. Prior to that he was chief financial officer at Mason-Dixon Bancshares, Inc., in Westminster, Maryland, controller at Carroll County Bank & Trust, and managerial accounting officer at First National Bank of Maryland. A graduate of Frostburg State University, Keidel received his Certified Public Accounting credentials in 1991, and attended the Bank Administration Institute Financial School the same year.

Warr joined 1st Mariner in April 1997 as senior vice president in commercial lending. Prior to coming to 1st Mariner, Warr was senior vice president for real estate lending at the Bank of Baltimore where he managed the commercial loan workout program. He began his commercial banking career at Union Trust Company where he originated and serviced income property loans in Washington, D.C., northern Virginia and Maryland. Warr received a Bachelor of Science degree from the University of Baltimore.

Susie is new to the 1st Mariner organization. He began his career with Coopers and Lybrand (now PriceWaterHouseCoopers) and has held senior financial positions with Baltimore Marine Industries, Earthshell Corporation and Celsion Corporation. A graduate of the University of Baltimore, he has over 18 years of experience in both public and corporate accounting and is a Certified Public Accountant.

Hale also announced that in addition to the individuals listed above, the Executive Management of the bank will include George H. Mantakos, Dennis E. Finnegan, Edward "Ned" Perry, and Kenneth C. Jones. George Mantakos will continue to serve as the bank's Chief Lending Officer. Dennis Finnegan will continue to serve as the director of retail banking, as well as overseeing the company's human resource, deposit operations, and information technology functions. Ned Perry will continue to serve as President of 1st Mariner Mortgage, and Ken Jones will continue to serve as Senior Vice President leading the bank's facilities administration.

Hale concluded, "I am confident that our executive management group has the right mix of experience, technical skills, and energy to lead 1st Mariner Bank through these difficult times. In spite of the challenges in the current market today, I am optimistic about 1st Mariner's future and this group's ability to tackle current challenges while preparing the company for future opportunities."


1st Mariner Bancorp is a bank holding company with total assets of $1.377 billion. Its wholly owned banking subsidiary, 1st Mariner Bank, (total assets $1.265 billion) operates 25 full service bank branches in Baltimore, Anne Arundel, Harford, Howard, Talbot, and Carroll counties in Maryland, the City of Baltimore, and Shrewsbury, Pennsylvania. 1st Mariner Mortgage, a division of 1st Mariner Bank, operates retail offices in Central Maryland, the Eastern Shore of Maryland, and Massachusetts. 1st Mariner Mortgage also operates direct marketing mortgage operations in Baltimore City. Mariner Finance, LLC (total assets $101 million) is a consumer finance subsidiary that currently operates branches in Maryland, Delaware, Virginia, New Jersey, and Tennessee. 1st Mariner Bancorp's common stock is traded on the Nasdaq National Market under the symbol "FMAR." 1st Mariner's Web site address is, which includes comprehensive level investor information.

20090520 sdosm Mark Keidel from Carroll County promoted

Thursday, March 19, 2009

This week in The Tentacle for March 19 2009

This week in The Tentacle for March 19 2009

Thursday, March 19, 2009
Jennifer Again?
Patricia A. Kelly
I can’t believe she’s back – yet again. She says she’s running because she loves Frederick. A lot of us love Frederick, and we love it a lot more when she is not mayor.

Imitating a Junta…
Tony Soltero
Back when I was a child, my parents once took a long, ambitious vacation to South America. When they got home they brought back countless little treasures from the countries they visited, an album's worth of beautiful photographs, and plenty of gripping stories to share. My brothers and I couldn't get enough of them.

Wednesday, March 18, 2009
Think Globally, Bank Locally
Kevin E. Dayhoff
If you are banking with any of the ginormous intergalactic financial institutions that are at the center of the current financial crisis, then you are part of the problem.

Budget Cuts Affecting Local Arts Scene
Michael Kurtianyk
If current legislation is passed by the General Assembly, funding to the Maryland State Arts Council would decrease from $16.6 million to $10.6 million. This is on top of the 14 percent cut last year, used to balance the budget.

A $40 Million Ruse
Tom McLaughlin
Batam Island, Indonesia – The islands were calling me and with rhythms of music from South Pacific flowing in my mind, I elected to visit a couple of them about an hour boat ride off the coast of Singapore.

Tuesday, March 17, 2009
Pushkin's Winter of Discontent
Roy Meachum
Mother Nature and government frequently disagree. Washington told us clocks must be turned back February's last weekend. A sure sign of Spring? The season doesn't begin until three weeks later.

Exhibiting America’s Traits
Nick Diaz
There was a time when one, in the world of machines, could hardly hear two dirtier words than “Planned Obsolescence.” The very idea that a complex mechanical object should have a deliberately abbreviated life expectancy was nothing less than a kind of mortal sin against proper engineering.

Monday, March 16, 2009
General Assembly Journal 2009 – Volume 8
Richard B. Weldon Jr.
Granting Personhood! Yes, I know what the editor is saying. What a terrible example of poor grammar in an opening. Unfortunately, I don’t make this stuff up, I just write about it!

Where’s the “Ownership,” Mr. President?
Steven R. Berryman
During the election cycle of 2008 it became the standard rhetoric for candidate Barack Obama and his wife to distance themselves from the elements of what it meant to “be American.”

Friday, March 13, 2009
"Pope Admits Mistake"
Roy Meachum
That semi-apology appeared in The New York Times. The rest of the headline narrowed the impact considerably; the admission came "In Letter to Bishops."

I Still Pledge My Allegiance
Joe Charlebois
Sarah Norris, a columnist for The Frederick News-Post, on February 28 submitted a column which gave us an insider’s view of early morning at a Frederick County high school. Ms. Norris describes the scene of fellow students ignoring the morning ritual of patriotic recitation that American students have recited for decades – the Pledge of Allegiance.

Thursday, March 12, 2009
Waking Up The Populace
Joan McIntyre
Are we about to see cracks in the glass ceiling in the world of our Frederick County Board of Education and Frederick County Public Schools? Will the Sacred Cow called the public schools system be held accountable?

REVIEW – Riverdance" Has It All!
Roy Meachum
While being amazed in Baltimore's Hippodrome Theatre Tuesday night, the thought occurred: In my 40-plus years reviewing I've never seen a smoother musical show. Put simply: "Riverdance" has it all!

True Measure of Success
Chris Cavey
Our society has many ways to gauge the success or failure of those involved in the political world. One unique measurement of judging those who have mounted the national platform of “being someone of note” is to be a host or to be lampooned on Saturday Night Live. Last Saturday Michael Steele made it.

Wednesday, March 11, 2009
The Dangerous Diplomacy of Pandering
Kevin E. Dayhoff
I recently had the delightful opportunity to go to Washington and have lunch with a member of the Estonian Parliament, Tõnis Kõiv.

The Weavers and the Money
Tom McLaughlin
Lombok, Indonesia – We had finished our visit with the stump tailed Macaques and the use of my teaching techniques on the troop. Our next stop, a small enterprise, located only through a side road, winding through a housing estate filled with homes (we would call them shacks) constructed of wood.

Bobby Fischer: Genius or Madman?
Michael Kurtianyk
It has often been said that there’s a fine line between genius and madness. Think of some people whom you consider to be geniuses? Does Albert Einstein come to mind? Thomas Jefferson? Benjamin Franklin?

Tuesday, March 10, 2009
GOP Spitting Contest
Roy Meachum
As a non-Republican, I find amusing the recent rhubarb within the GOP party over Michael Steele.

Misinformation and Playing Politics
Farrell Keough
Some interesting events have occurred over the last few weeks that are seemingly disparate, but in fact, have many commonalities. The main connection is the discussion of the Waste To Energy (WTE) plant.

20090319 This week in The Tentacle for March 19 2009

Kevin Dayhoff
Kevin Dayhoff: Westminster Maryland Online