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Monday, November 30, 2009, 11:02AM ET - U.S. Markets close in 4 hours and 58 minutes. Dow Up 0.03% Nasdaq Down 0.29%
Shore Bancshares Inc. (SHBI)At 10:46AM ET: 14.14  Down 0.14 (0.98%)  
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Shore Bancshares Inc.
18 East Dover Street
Easton, MD 21601
United States - Map
Phone: 410-822-1400
Fax: 410-820-7180
Web Site: http://www.shbi.net

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Mid-Atlantic Banks
Full Time Employees:337

BUSINESS SUMMARY 
Shore Bancshares, Inc. operates as the holding company for The Centreville National Bank of Maryland; The Talbot Bank of Easton, Maryland; and The Felton Bank, which provide various commercial and consumer banking products and services in Maryland and Delaware. The company offers various deposit products, including checking, savings, money market accounts, regular and IRA certificates of deposit, and Christmas savings accounts. Its lending offers mortgage, home equity, automobile, marine, and installment loans; and credit cards, and other secured and unsecured personal lines of credit to consumers. The company’s loan portfolio also includes commercial mortgages, real estate development loans, and equipment and operating loans, as well as secured and unsecured lines of credit, credit cards, accounts receivable financing arrangements, and merchant card services to small businesses. In addition, it offers merchant credit card clearing services; direct deposit of payroll, Internet banking, and telephone banking services; safe deposit boxes; debit cards; and automatic teller machine (ATMs) services. Further, Shore Bancshares provides nondeposit products, such as mutual funds and annuities, and discount brokerage services; and trust, asset management, and financial planning services. The company also offers insurance products and services, which comprise property and casualty, life, marine, individual health, and long term care insurance, as well as pension and profit sharing plans and retirement plans to businesses and consumers. As of March 31, 2009, it operated 18 full service branches in Kent, Queen Anne’s, Caroline, Talbot, and Dorchester Counties in Maryland, as well as in Kent County, Delaware. The company was founded in 1876 and is based in Easton, Maryland.
Key Statistics

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    CORPORATE GOVERNANCE 
    Shore Bancshares Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 54.7% of Russell 3000 companies and 66.9% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. W. Moorhead Vermilye , 68
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee of Talbot Bank
    $ 487.00K $ 22.00K
    Ms. Susan E. Leaverton CPA, 45
    Chief Financial Officer, Principal Accounting Officer, Treasurer and VP of Fin. for Albot Bank
    $ 198.00K $ 0
    Mr. Lloyd L. Beatty Jr., 56
    Chief Operating Officer, Exec. VP, Director, Member of Exec. Committee of Talbot Bank
    $ 364.00K $ 0
    Mr. William W. Duncan Jr., 62
    Director, Member of Exec. Committee, Chief Exec. Officer of Talbot Bank, Pres of Talbot Bank of Talbot Bank
    $ 392.00K $ 0
    Mr. Thomas H. Evans , 59
    Chief Exec. Officer of Felton Bank and Pres of Felton Bank
    N/A N/A
    Dollar amounts are as of 31-Dec-08 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.
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