Shore Bancshares, Inc. (SHBI)

Shore Bancshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	416.51	459.85	372.41	55.5	583.61	186.92
Investment Securities	439.55	176.96	187.52	181.87	127.71	63.29
Trading Asset Securities	-	0.28	0.11	0.08	-	-
Mortgage-Backed Securities	181.72	459.14	441.9	462.4	395.24	143.38
Total Investments	621.27	636.38	629.52	644.35	522.95	206.67
Gross Loans	4,883	4,864	4,754	2,563	2,120	1,455
Allowance for Loan Losses	-59.55	-57.91	-57.35	-16.64	-13.94	-13.89
Other Adjustments to Gross Loans	-	-92	-113.1	-6.7	-0.52	-0.75
Net Loans	4,823	4,714	4,584	2,539	2,105	1,440
Property, Plant & Equipment	91.71	93.19	94.87	61.12	62.99	29.72
Goodwill	63.27	63.27	63.27	63.27	63.42	17.52
Other Intangible Assets	31.72	38.31	48.09	5.55	7.54	1.72
Loans Held for Sale	21.5	19.61	8.78	4.25	37.75	-
Accrued Interest Receivable	20.41	19.57	19.22	9.38	6.72	6.62
Other Receivables	-	-	-	-	0.62	0.16
Other Current Assets	-	-	-	-	2.87	1.47
Long-Term Deferred Tax Assets	30.33	31.86	40.71	7.36	2.93	4.44
Other Real Estate Owned & Foreclosed	3.55	-	-	0.2	0.53	-
Other Long-Term Assets	154.79	154.65	150.39	86.85	62.99	37.72
Total Assets	6,278	6,231	6,011	3,477	3,460	1,933
Accounts Payable	-	-	-	-	2.75	1.05
Accrued Expenses	-	-	-	-	3.42	0.65
Interest Bearing Deposits	3,934	3,591	3,773	2,148	2,099	1,192
Institutional Deposits	-	374.1	354.6	-	-	-
Non-Interest Bearing Deposits	1,594	1,563	1,258	862.02	927.5	509.09
Total Deposits	5,528	5,528	5,386	3,010	3,026	1,701
Short-Term Borrowings	-	0.02	0.18	40.01	4.14	1.05
Current Portion of Leases	-	1.71	-	-	-	-
Accrued Interest Payable	-	-	-	-	0.69	0.65
Long-Term Debt	44.41	43.87	43.14	24.67	42.76	24.43
Federal Home Loan Bank Debt, Long-Term	50	50	-	-	10.14	-
Long-Term Leases	11.4	10.13	12.86	9.91	11.57	4.87
Trust Preferred Securities	30.09	29.85	29.53	18.4	-	-
Other Long-Term Liabilities	37.22	25.78	27.96	10.21	7.74	4.89
Total Liabilities	5,701	5,690	5,500	3,113	3,109	1,738
Common Stock	0.33	0.33	0.33	0.2	0.2	0.12
Additional Paid-In Capital	359.94	358.11	356.01	201.49	200.47	52.17
Retained Earnings	221.69	190.17	162.29	171.61	149.97	141.21
Comprehensive Income & Other	-4.76	-7.55	-7.49	-9.02	0.06	1.53
Shareholders' Equity	577.21	541.07	511.14	364.29	350.69	195.02
Total Liabilities & Equity	6,278	6,231	6,011	3,477	3,460	1,933
Total Debt	135.89	135.58	85.7	92.99	68.61	30.35
Net Cash (Debt)	280.62	324.54	286.82	-37.42	515.01	156.56
Net Cash Growth	477.69%	13.15%	-	-	228.94%	111.71%
Net Cash Per Share	8.40	9.75	10.79	-1.89	39.26	12.65
Filing Date Shares Outstanding	33.42	33.35	33.21	19.9	19.84	11.75
Total Common Shares Outstanding	33.42	33.33	33.16	19.85	19.81	11.78
Book Value Per Share	17.27	16.23	15.41	18.35	17.71	16.55
Tangible Book Value	482.22	439.49	399.78	295.47	279.74	175.78
Tangible Book Value Per Share	14.43	13.19	12.06	14.89	14.12	14.92

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q