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Shore Bancshares, Inc. (SHBI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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16.75-0.15 (-0.89%)
As of 9:38AM EDT. Market open.

Shore Bancshares, Inc.

18 East Dover Street
Easton, MD 21601
United States
410 763 7800
http://www.shoreunitedbank.com/shore-bancshares--inc-

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees287

Key Executives

NameTitlePayExercisedYear Born
Mr. Lloyd L. Beatty Jr.Pres, CEO & Director723.35kN/A1953
Mr. Edward Conley Allen Jr.Exec. VP & CFO355.43kN/A1948
Ms. Donna J. StevensExec. VP & COO378.13kN/A1963
Charles F. Kade IIISr. VP & Chief Information OfficerN/AN/AN/A
Mr. W. David MorseExec. VP, Gen. Counsel & Sec.N/AN/A1962
Amounts are as of December 31, 2020 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.

Description

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. 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 (ATM) services. It operates 22 full service branches, 24 ATMs, 2 loan production offices in Baltimore City, Baltimore County, Howard County, Kent County, Queen Anne's County, Caroline County, Talbot County, Dorchester County, and Worcester County in Maryland; Kent County, Delaware; and Accomack County, Virginia. The company was founded in 1876 and is headquartered in Easton, Maryland.

Corporate Governance

Shore Bancshares, Inc.’s ISS Governance QualityScore as of June 1, 2021 is 6. The pillar scores are Audit: 7; Board: 5; Shareholder Rights: 7; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.