Howard Bancorp, Inc. announced that on March 1, 2018, it has completed the acquisition of First Mariner Bank. On February 26, 2018, the Howard board of directors received letters of resignation from Nasser Basir, Robert J. Hartson, Gary R. Bozel, Karen D. McGraw and Richard J. Morgan as directors effective as of the effective time of the Merger. The foregoing resignations were accepted in order to accommodate the new directors appointed to the Howard board of directors. At the effective time of the Merger, pursuant to the terms of the Agreement, the Howard board of directors appointed certain members of the First Mariner management and board of directors to the Howard board of directors. The names, class and committee designations are: W. Gary Dorsch – Class II, Audit Committee and Asset/Liability Committee; James T. Dresher, Jr. – Class III, Executive Committee, Compensation Committee; Howard Feinglass – Class I, Strategic Growth Initiatives Committee, Compensation Committee; Michael B. High – Class II, Audit Committee, Governance Committee, Strategic Growth Initiatives Committee; Robert D. Kunisch, Jr. – Class I, Executive Committee and Asset/Liability Committee; and Jack E. Steil - Class III, Strategic Growth Initiatives Committee. Except for Mr. Kunisch and Mr. Steil, each of these new directors will be non-employee directors. Pursuant to the terms of the Agreement, Howard Bank entered into an employment agreement with Robert D. Kunisch, Jr., the former Chief Executive Officer of First Mariner, which was effective upon the closing of the Merger. Pursuant to the employment agreement, upon consummation of the Merger, Mr. Kunisch has been appointed to the Howard and Howard Bank boards of directors and assumed the role of President of Howard and Howard Bank.