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    Shore Bancshares, Inc. (SHBI)

    9.02 Down 0.09(0.99%) Apr 17, 4:00PM EDT
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    Shore Bancshares, Inc.
    28969 Information Lane
    Easton, MD 21601
    United States - Map
    Phone: 410-763-7800
    Website: http://www.shorebancshares.com

    Index Membership:N/A
    Industry:Regional - Mid-Atlantic Banks
    Full Time Employees:292

    Business Summary 

    Shore Bancshares, Inc. operates as the holding company for The Centreville National Bank of Maryland and The Talbot Bank of Easton, which provide various commercial banking products and services to individuals and businesses in Maryland and Delaware. The company operates through two segments, Community Banking, and Insurance Products and Services. It offers various deposit products, including checking, savings and money market accounts; and regular and IRA certificates of deposit, as well as CDARS program, cash management services, and various checking 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 development, construction loans, and letters of credit; and loans to consumers comprising mortgage, home improvement, marine, installment, and other personal loans; personal lines of credit; and automobile and other consumer financing. In addition, it offers merchant credit card clearing services, direct deposit of payroll, Internet and telephone banking services, safe deposit boxes, debit and credit cards, and automatic teller machine (ATM) services. Further, the company provides non-deposit products, such as mutual funds and annuities, and discount brokerage services; trust, asset management, and financial planning services; and insurance products and services to businesses and consumers, including property and casualty, life, marine, individual health, and long term care insurance, as well as pension and profit sharing plans, and retirement plans for executives and employees. It operates 18 full service branches and 20 ATMs in the Kent County, Queen Anne’s County, Caroline County, Talbot County, and Dorchester County in Maryland, as well as in Kent County, Delaware. Shore Bancshares, Inc. was founded in 1876 and is headquartered in Easton, Maryland.

    Key Statistics

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    Key Executives 
    Mr. Lloyd L. Beatty Jr., 62
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Pres of Talbot Bank and Director of Talbot Bank
    Mr. George Stephen Rapp CPA, 62
    Chief Financial Officer and VP
    Mr. Patrick M. Bilbrough , 51
    Chief Exec. Officer of Talbot Bank and Pres of Talbot Bank
    Mr. Edward Conley Allen Jr., 67
    Chief Exec. Officer of CNB and Pres of CNB
    Mr. Richard C. Trippe Jr., 52
    Chief Exec. Officer of Avon Dixon and Pres of Avon Dixon
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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