First Maryland Bancorp
{{Infobox company
| industry = Banking
| foundation = {{start date and age|1806}} as Mechanics Bank of Baltimore
| defunct = {{end date and age|2003}}
| assets = $18.3 billion (2001)
}}
First Maryland Bancorp was a bank holding company that operated the First National Bank of Maryland. The company changed its name to Allfirst Financial in 1999 and was acquired by M&T Bank in 2003.
The company operated 250 branches and more than 575 automated teller machines in Maryland, Pennsylvania, Washington D.C., Northern Virginia, and Delaware.
History
The bank was founded in 1806 as Mechanics Bank of Baltimore.{{cite news | url=https://www.baltimoresun.com/2002/02/07/banks-roots-in-maryland-reach-to-early-19th-century/ | title=Bank's roots in Maryland reach to early 19th century | first=June | last=Arney | work=The Baltimore Sun | date=February 7, 2002}}
In 1864, it established First National Bank of Maryland.
In 1983, Allied Irish Banks made an investment in the company.
In 1988, Allied Irish Banks acquired the portion of the company that it did not already own.{{cite news | url=https://www.upi.com/Archives/1988/12/06/Allied-Irish-Banks-to-buy-First-Maryland-Bancorp/4865597387600/ | title=Allied Irish Banks to buy First Maryland Bancorp | work=United Press International | date=December 6, 1988}}
In 1997, the company acquired Dauphin Deposit Corporation for $1.36 billion.{{cite news | url=https://www.bizjournals.com/washington/stories/1997/01/20/daily3.html | title=First Maryland Bancorp to gobble Dauphin Deposit | work=American City Business Journals | date=January 21, 1997}}{{cite news | url=https://www.latimes.com/archives/la-xpm-1997-01-22-fi-20972-story.html | title=First Maryland to Acquire Dauphin | work=Los Angeles Times | date=January 22, 1997}}
In 1999, the company changed its name to Allfirst Financial.{{cite news | url=https://www.baltimoresun.com/1999/04/15/first-maryland-to-be-allfirst-financial-subsidiary-banks-firms-to-be-unified-under-new-name-banking/ | title=First Maryland to be Allfirst Financial | first=Bill | last=Atkinson | work=The Baltimore Sun | date=April 15, 1999}}
In 2003, M&T Bank acquired the company.{{cite news | url=https://www.baltimoresun.com/2003/04/02/allfirsts-sale-to-m-bank-is-completed/ | title=Allfirst's sale to M&T Bank is completed | first=William | last=Patalon III | work=The Baltimore Sun | date=April 2, 2003}}