SHORE BANCSHARES, INC. (NASDAQ:SHBI) Files An 8-K Other Events
Item 8.01
On April 15, 2019, Shore Bancshares, Inc. announced today that its banking subsidiary, Shore United Bank, received approval from the Federal Reserve Bank of Richmond and the State of Maryland to open a new full-service bank branch in West Ocean City, Maryland. The opening of this branch is not expected to occur until late 2019.
A copy of the press release issued by Shore Bancshares, Inc. on April 15, 2019 is attached to this Current Report on Form 8-K as Exhibit 99.1
SHORE BANCSHARES INC Exhibit
EX-99.1 2 tv518953_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Shore United Bank Opens Branch in West Ocean City,…
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About SHORE BANCSHARES, INC. (NASDAQ:SHBI)
Shore Bancshares, Inc. is a financial holding company. The Company acts as the parent company to several financial institution and insurance entities. The Company has two business segments: Community Banking, and Insurance Products and Services. Its Community Banking segment provides services to consumers and small businesses on the Eastern Shore of Maryland and in Delaware. The Company is engaged in the banking business through CNB, a Maryland commercial bank with trust powers and The Talbot Bank of Easton, a Maryland commercial bank (the Banks). Its Insurance Products and Services segment provides a range of insurance products and services to businesses and consumers in the Company’s market areas. The Banks provide a range of commercial and consumer banking products and services to individuals, businesses, and other organizations in Kent County, Queen Anne’s County, Caroline County, Talbot County and Dorchester County in Maryland and in Kent County, Delaware.