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Shore Bancshares

13.62
+0.03000.22%
Pre-market: 12.81-0.8100-5.95%04:23 EDT
Volume:155.19K
Turnover:2.10M
Market Cap:453.98M
PE:10.32
High:13.64
Open:13.41
Low:13.41
Close:13.59
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Company Profile

Company Name:
Shore Bancshares
Exchange:
NASDAQ
Establishment Date:
1876
Employees:
591
Office Location:
18 East Dover Street,Easton,Maryland,United States
Zip Code:
21601
Fax:
- -
Introduction:
Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. It offers checking, savings, overnight investment sweep, and money market accounts; and regular and IRA certificates of deposit, as well as CDARS programs and cash management services. The company also provides commercial loans, such as secured and unsecured loans, working capital loans, lines of credit, term loans, accounts receivable financing, real estate acquisition and development loans, construction loans, and letters of credit; residential real estate construction loans; residential mortgage loans; and loans to consumers, including home equity, automobile, installment, home improvement, and personal lines of credit, as well as other consumer financing products. In addition, it offers non-deposit products, such as mutual funds and annuities, and discount brokerage services; and trust, asset management, and financial planning services. Further, the company provides merchant credit card clearing, as well as telephone, mobile, and Internet banking services; safe deposit boxes; debit and credit cards; direct deposit of payroll; and automatic teller machine services. The company was founded in 1876 and is headquartered in Easton, Maryland.

Directors

Name
Position
Lloyd L. Beatty, Jr.
Director, President and Chief Executive Officer
Blenda W. Armistead
Director
Clyde V. Kelly, III
Director
David J. Bates
Director
David W. Moore
Director
Dawn M. Willey
Director
Frank E. Mason, III
Director
James A. Judge
Director
Jeffrey E. Thompson
Director
R. Michael Clemmer, Jr.
Director
William E. Esham, III
Director

Shareholders

Name
Position
Lloyd L. Beatty, Jr.
Director, President and Chief Executive Officer
Donna J. Stevens
Executive Vice President and Chief Operating Officer
Edward C. Allen
Executive Vice President and Chief Financial Officer
Charles E. Ruch, Jr.
Executive Vice President and Chief Credit Officer
Jennifer M. Joseph
Executive Vice President and Chief Retail Banking Officer
Michael T. Cavey
Executive Vice President and Chief Lending Officer
W. David Morse
Executive Vice President, Secretary and General Counsel