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Lawrence Yumkas, left, and Robert T. Schmidt, representing First Mariner Bancorp, walk into bankruptcy court Monday morning. (The Daily Record/Maximilian Franz)
Lawrence Yumkas, left, and Robert T. Schmidt, representing First Mariner Bancorp, walk into bankruptcy court Monday morning. (The Daily Record/Maximilian Franz)

Local investors trump original winning offer for 1st Mariner

1st Mariner Bank will remain in local hands after a last-minute deal Tuesday resulted in a reopened auction and the initial winning suitor withdrew.

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