1st Mariner Bancorp Reports 1st Quarter 2011 Results

1st Mariner Bancorp FMAR reported a pre-tax loss of $7.3 million for the first quarter of 2011 compared to a pre-tax loss of $5.7 million for the first quarter of 2010. The Company reported an after tax loss of $7.3 million in 2011 versus $3.4 million in 2010. In the first quarter of 2010, the Company recorded a $2.3 million tax benefit while no tax benefit was recognized in first quarter of 2011.