Shore bancshares inc (SHBI)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
INTEREST INCOME
Interest and fees on loans

55,687

55,391

54,800

53,905

52,787

51,332

49,735

48,301

46,111

43,617

41,441

39,068

37,744

37,155

36,618

36,132

35,596

35,126

34,649

34,525

34,756

35,140

35,717

36,696

38,026

39,058

40,009

40,846

41,594

42,698

44,154

45,553

46,559

47,549

48,983

50,027

0

0

0

Interest and dividends on investment securities:
Taxable

3,303

3,582

4,094

4,171

4,266

4,289

4,160

4,248

4,203

4,009

3,546

3,265

3,152

3,195

3,302

3,440

3,548

3,602

3,665

3,623

3,360

2,957

2,544

2,051

1,950

2,072

2,234

2,562

2,701

2,815

2,946

3,056

3,131

3,031

2,911

2,962

0

0

0

Tax-exempt

-

-

-

-

-

-

-

-

-

3

4

6

7

7

8

8

9

10

11

12

12

12

12

14

15

17

26

43

71

104

130

146

154

154

166

184

0

0

0

Interest on federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

6

7

7

5

3

2

2

2

1

2

1

2

4

6

9

10

10

8

8

11

25

45

56

0

0

0

Interest on deposits with other banks

803

794

602

463

411

286

248

295

304

334

347

297

285

289

259

208

176

130

122

136

149

179

196

205

206

200

229

255

276

274

234

184

135

93

53

28

0

0

0

Total interest income

59,793

59,767

59,496

58,539

57,464

55,907

54,143

52,844

50,619

47,963

45,338

42,637

41,191

40,652

40,194

39,795

39,334

38,871

38,449

38,298

38,279

38,289

38,471

38,967

40,199

41,351

42,504

43,715

44,652

45,901

47,472

48,947

49,990

50,852

52,158

53,257

0

0

0

INTEREST EXPENSE
Interest on deposits

8,838

8,726

8,016

6,554

4,930

3,531

2,540

2,321

2,279

2,242

2,193

2,160

2,239

2,389

2,602

2,852

3,091

3,331

3,566

3,788

4,003

4,229

4,474

4,776

5,453

6,448

7,788

9,087

9,982

10,501

10,604

10,677

10,803

10,995

11,439

11,961

0

0

0

Interest on short-term borrowings

270

481

961

1,307

1,623

1,636

1,163

704

254

31

21

21

13

14

15

14

14

15

15

16

18

18

21

23

24

27

29

33

38

45

51

56

58

56

58

62

0

0

0

Interest on long-term borrowings

430

429

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

22

26

32

37

47

52

0

0

0

Total interest expense

9,538

9,636

9,403

8,179

6,764

5,272

3,703

3,025

2,533

2,273

2,214

2,181

2,252

2,403

2,617

2,866

3,105

3,346

3,581

3,804

4,021

4,247

4,495

4,799

5,477

6,475

7,817

9,126

10,031

10,562

10,677

10,759

10,893

11,088

11,544

12,075

0

0

0

NET INTEREST INCOME

50,255

50,131

50,093

50,360

50,700

50,635

50,440

49,819

48,086

45,690

43,124

40,456

38,939

38,249

37,577

36,929

36,229

35,525

34,868

34,494

34,258

34,042

33,976

34,168

34,722

34,876

34,687

34,589

34,621

35,339

36,795

38,188

39,097

39,764

40,614

41,182

0

0

0

Provision for credit losses

950

700

960

1,067

1,285

1,674

1,759

1,797

2,353

2,291

2,164

2,424

1,825

1,848

1,905

1,710

1,875

2,075

2,250

2,615

3,025

3,350

3,174

24,859

26,609

27,784

36,960

20,700

21,525

27,745

22,130

19,580

21,450

19,470

19,628

20,895

0

0

0

NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES

49,305

49,431

49,133

49,293

49,415

48,961

48,681

48,022

45,733

43,399

40,960

38,032

37,114

36,401

35,672

35,219

34,354

33,450

32,618

31,879

31,233

30,692

30,802

9,309

8,113

7,092

-2,273

13,889

13,096

7,594

14,665

18,608

17,647

20,294

20,986

20,287

0

0

0

NONINTEREST INCOME
Service charges on deposit accounts

3,842

3,910

3,997

3,989

3,908

3,879

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trust and investment fee income

1,525

1,522

1,500

1,500

1,529

1,557

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noninterest income

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

3,628

3,540

3,494

3,486

3,465

3,388

3,258

3,046

2,867

2,690

2,539

2,483

2,407

2,377

2,359

2,357

2,371

2,425

2,453

2,475

2,551

2,598

2,667

2,789

2,845

2,986

3,120

0

0

0

Trust and investment fee income

-

-

-

-

-

-

-

-

-

1,532

1,491

1,460

1,452

1,442

1,421

1,423

1,509

1,627

1,757

1,893

1,898

1,860

1,811

1,716

1,654

1,613

1,549

1,558

1,611

1,644

1,659

1,638

1,610

1,563

1,540

1,523

0

0

0

Gains on sales of investment securities

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

913

913

1,191

278

278

406

482

484

563

435

81

0

0

0

Insurance agency commissions

-

-

-

-

-

-

-

-

-

-

8,736

8,702

8,611

8,551

8,514

8,567

8,558

8,274

8,250

8,319

8,923

9,525

10,266

10,814

10,911

10,647

10,462

10,165

9,938

9,814

9,583

9,468

9,537

9,358

9,810

10,093

0

0

0

Gain on sale of wholesale insurance subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Loss on termination of cash flow hedge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

Gain on sale of wholesale insurance subsidiary

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noninterest income

-

-

3,941

3,885

-

-

3,217

3,115

3,077

3,035

3,497

3,165

3,134

2,959

2,874

2,877

2,759

2,648

2,643

2,678

2,751

2,966

2,957

3,320

3,228

3,221

3,146

2,337

2,711

2,810

2,925

3,438

3,077

2,989

3,171

3,170

0

0

0

Total noninterest income

10,184

10,020

9,438

9,374

9,061

9,013

1,690

3,650

5,533

8,200

17,467

17,049

16,911

16,645

16,227

16,125

15,872

15,416

15,249

15,338

16,078

16,781

17,525

18,323

17,757

17,459

15,850

15,059

15,674

15,758

17,171

17,693

17,497

17,318

17,942

17,987

0

0

0

NONINTEREST EXPENSE
Salaries and wages

15,943

15,413

15,410

15,766

16,075

16,535

13,108

14,102

14,804

15,080

18,889

18,032

17,651

17,626

17,611

17,733

17,704

17,540

17,479

17,700

17,599

17,600

17,631

17,362

17,377

17,346

17,250

17,216

17,285

17,418

17,556

17,267

16,995

16,825

16,851

17,117

0

0

0

Employee benefits

5,751

5,283

4,418

4,102

4,079

4,001

3,191

3,405

3,487

3,551

4,470

4,282

4,119

3,993

3,977

3,903

3,863

3,905

3,971

3,970

4,066

4,092

4,119

4,156

4,142

4,094

4,034

4,008

3,958

3,994

3,994

3,927

3,857

3,840

3,814

3,694

0

0

0

Occupancy expense

2,765

2,758

2,705

2,654

2,636

2,622

2,358

2,408

2,387

2,335

2,563

2,510

2,464

2,452

2,422

2,379

2,407

2,420

2,407

2,372

2,338

2,339

2,338

2,339

2,374

2,344

2,384

2,443

2,469

2,559

2,513

2,473

2,403

2,312

2,296

2,308

0

0

0

Furniture and equipment expense

1,161

1,107

1,057

1,006

958

950

817

891

928

906

1,038

997

961

963

943

921

906

926

945

947

957

975

993

1,043

1,043

1,020

1,003

993

962

963

962

959

1,038

1,059

1,150

1,201

0

0

0

Data processing

3,924

3,790

3,645

3,603

3,373

3,331

3,239

3,231

3,557

3,561

3,666

3,720

3,559

3,496

3,448

3,272

3,286

3,260

3,217

3,158

3,029

3,006

3,013

2,990

2,957

2,900

2,781

2,766

2,754

2,717

2,723

2,681

2,667

2,852

2,888

2,887

0

0

0

Directors’ fees

534

479

487

492

528

556

510

464

414

380

437

458

487

511

469

466

451

470

455

469

485

474

467

422

345

354

369

414

486

474

450

517

502

500

535

442

0

0

0

Goodwill and other intangible assets impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

-

Amortization of other intangible assets

587

605

730

856

929

866

625

470

297

231

235

153

131

131

132

133

133

133

133

133

160

201

242

282

296

296

296

318

340

392

444

477

509

512

514

514

0

0

0

Insurance agency commissions expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

906

1,376

1,785

1,849

1,798

1,715

1,581

1,467

1,391

1,289

1,264

1,277

1,267

1,320

1,534

0

0

0

FDIC insurance premium expense

230

344

545

738

771

771

813

809

640

599

440

355

578

696

935

1,074

1,112

1,214

1,335

1,491

1,562

1,636

1,847

1,915

1,905

1,813

1,587

1,496

1,473

1,380

1,247

1,051

1,111

1,298

1,492

1,772

0

0

0

Other real estate owned expenses, net

210

425

654

687

632

353

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-downs of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

291

280

563

610

658

837

766

721

1,318

0

0

0

-

-

-

-

-

-

-

-

-

-

Legal and professional fees

2,256

2,223

2,258

2,206

2,134

1,981

1,777

1,827

2,042

2,254

2,296

2,243

2,150

1,875

2,075

2,276

2,040

2,380

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Write-downs of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,472

0

0

-

0

-

-

-

-

Other noninterest expenses

5,202

5,130

5,019

4,744

4,607

4,865

4,218

4,430

4,724

4,471

4,964

4,938

4,796

4,899

4,581

4,610

4,812

4,811

3,901

4,384

4,977

5,426

5,917

5,869

5,762

5,864

7,286

7,206

6,929

6,939

6,364

6,379

6,445

6,307

6,741

6,882

0

0

0

Total noninterest expense

38,563

37,557

36,928

36,854

36,722

36,831

30,685

32,095

33,441

33,640

39,796

38,293

37,459

37,147

36,871

37,050

36,985

37,350

37,910

38,333

38,950

39,361

40,319

40,468

40,310

40,686

39,903

39,644

39,548

39,555

39,275

40,243

39,774

39,167

42,391

41,402

0

0

0

Income from continuing operations before income taxes

20,926

21,894

21,643

21,813

21,754

21,143

19,686

19,577

17,825

17,959

18,631

16,788

16,566

15,899

15,028

14,294

13,241

11,516

9,957

8,884

8,361

8,112

8,008

-12,836

-14,440

-16,135

-26,326

-10,696

-10,778

-16,203

-7,439

-3,942

-4,630

-1,555

-3,463

-3,128

0

0

0

Income tax expense

5,352

5,610

5,520

5,648

5,625

5,380

7,115

7,850

7,938

8,734

7,572

6,730

6,588

6,261

5,722

5,490

5,082

4,408

3,786

3,360

3,159

3,061

3,008

-5,182

-5,842

-6,501

-10,443

-4,384

-4,398

-6,565

-3,200

-1,618

-1,780

-658

-841

-857

0

0

0

Income from continuing operations

15,574

16,284

16,123

16,165

16,129

15,763

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations before income taxes

-

-113

-9

270

543

1,421

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax benefit

-

-27

4,572

4,645

4,715

4,923

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations

-

-86

8,155

8,361

8,564

9,234

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME

15,562

16,198

24,278

24,526

24,693

24,997

15,601

14,559

12,520

11,262

11,059

10,058

9,978

9,638

9,306

8,804

8,159

7,108

6,171

5,524

5,202

5,051

5,000

-7,654

-8,598

-9,634

-15,883

-6,312

-6,380

-9,638

-4,239

-2,324

-2,850

-897

-2,622

-2,271

0

0

0

Earnings per common share - Basic
Income from continuing operations

-

-

0.33

0.33

-

0.31

0.33

0.33

0.27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income from discontinued operations

-

-

-

-

-

0.64

0.02

0.01

0.05

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

0.33

0.33

-

0.95

0.35

0.34

0.32

0.21

0.27

0.19

0.22

0.20

0.19

0.18

0.19

0.17

0.15

0.13

0.11

0.08

0.10

0.13

0.15

0.14

-1.35

0.04

0.03

-0.59

-0.22

0.03

-0.36

0.04

0.01

-0.03

-0.13

-0.17

0.05

Earnings per common share - Diluted
Income from continuing operations

-

-

0.33

0.33

-

0.31

0.33

0.33

0.27

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) income from discontinued operations

-

-

-

-

-

0.64

0.02

0.01

0.05

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

0.33

0.33

-

0.95

0.35

0.34

0.32

0.21

0.27

0.19

0.22

0.20

0.19

0.18

0.19

0.17

0.15

0.13

0.11

0.08

0.10

0.13

0.15

0.14

-1.35

0.04

0.03

-0.59

-0.22

0.03

-0.36

0.04

0.01

-0.03

-0.13

-0.17

0.05

Dividends paid per common share (in dollars per share)

-

-

0.10

0.10

-

0.09

0.08

0.08

0.07

0.07

0.05

0.05

0.05

0.05

0.03

0.03

0.03

0.02

0.02

0.00

0.00

-

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.01

0.01

0.01

0.01

0.06

0.06

0.06