---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-112074"
form_type: "8-K"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2022-10-28T23:59:59+00:00"
generated_at: "2026-06-22T22:19:59.548891+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Shore Bancshares Q3 net income $9.66M ($0.49 EPS), up 29% from Q2

## Summary
- Net income $9.658M ($0.49 diluted EPS) vs. $7.499M ($0.38) Q2 2022 and $4.616M ($0.39) Q3 2021.
- Adjusted net income (excl. merger expenses) $9.774M ($0.49) vs. $7.674M ($0.39) Q2 2022.
- Net interest margin expanded to 3.38% from 3.10% Q2 2022; net interest income rose to $27.3M.
- Loans grew 6.0% in Q3; provision for credit losses $675K vs. $200K Q2 on loan growth.
- Nonperforming assets were $4.4M, up from $4.0M at June 30, 2022.

## SEC filing metadata
- accession: 0001104659-22-112074
- form_type: 8-K
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2022-10-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000110465922112074/0001104659-22-112074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000110465922112074/tm2229105d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-112074
- JSON: https://secwatch.observer/filing/0001104659-22-112074.json
- Plain text: https://secwatch.observer/filing/0001104659-22-112074.txt

## Key facts
- Earnings Releases
  SHORE BANCSHARES INC reported first nine months of 2022 results: net income $22.769 million, EPS $1.15 per diluted common share.
  - Period: first nine months of 2022
  - Net income: $22.769 million
  - EPS: $1.15 per diluted common share
  - Result: reported results
  source text: Net income for the first nine months of 2022 was $22.769 million or $1.15 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1035092/000110465922112074/0001104659-22-112074-index.htm
- Earnings Releases
  SHORE BANCSHARES INC reported third quarter of 2022 results: net income $9.658 million, EPS $0.49 per diluted common share.
  - Period: third quarter of 2022
  - Net income: $9.658 million
  - EPS: $0.49 per diluted common share
  - Result: reported results
  source text: reported net income of $9.658 million or $0.49 per diluted common share for the third quarter of 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1035092/000110465922112074/0001104659-22-112074-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.