| Ticker: | FMAR | 1801 South Clinton Street | |
| Exchange: | NASDAQ-National Market | Baltimore, Maryland 21224 | |
| Industry: | Financial | (410) 342-2600 |
| Type of Shares: | Common Shares | Filing Date: | 11/13/96 | |
| U.S. Shares: | 1,400,000 | Offer Date: | 12/20/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $10.00 - $12.00 | |
| Primary Shares: | 1,400,000 | Offer Price: | $12.00 | |
| Secondary Shares: | 0 | Gross Spread: | $0.84 | |
| Offering Amount: | $15,400,000 | Selling: | $0.50 | |
| Expenses: | $370,000 | Reallowance: | $0.10 | |
| Shares Out After: | 2,627,263 |
| Manager | Tier | Phone |
| Ferris, Baker, Watts Inc. | Lead Manager | (202) 429-3608 |
| Auditor: KPMG Peat Marwick | |||||
| 9 Month Ending Financials | |||||
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 9/30/95 | 9/30/96 | ||
| Revenue: | $2.76 | $5.13 | $1.75 | Assets: | $94.96 |
| Net Income: | -$1.28 | -$1.53 | -$0.49 | Liabilities: | $85.78 |
| EPS: | -$1.88 | -$1.24 | -$0.97 | Equity: | $9.18 |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a bank holding company that conducts its business in Maryland through its wholly-owned subsidiary, First Mariner Bank. The bank serves the central region of the State of Maryland through 12 full-service branches and 19 Automated Teller Machines. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for general corporate purposes. |
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