{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-007028","form_type":"8-K","ticker":"SHBI","cik":"0001035092","company_name":"SHORE BANCSHARES INC","filed_at":"2023-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.597622+00:00","generated_at":"2026-06-20T07:43:58.410279+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Shore Bancshares reports Q4 net income $8.4M, FY2022 net income $31.2M","bullets":["Q4 2022 net income $8.4M ($0.42 EPS) vs Q3 $9.7M ($0.49 EPS) and Q4 2021 $2.7M ($0.16 EPS). Adjusted Q4 EPS $0.46.","FY2022 net income $31.2M ($1.57 EPS) vs FY2021 $15.4M ($1.17 EPS); adjusted FY2022 EPS $1.65.","Net interest margin 3.35% in Q4 2022, down from 3.38% in Q3 but up from 2.87% in Q4 2021.","Loan growth of ~20% in 2022; total assets $3.477B; total deposits down slightly.","Recorded merger-related expenses of $935K for pending TCFC acquisition; Severn integration completed."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-007028","json":"https://secwatch.observer/filing/0001104659-23-007028.json","markdown":"https://secwatch.observer/filing/0001104659-23-007028.md","text":"https://secwatch.observer/filing/0001104659-23-007028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035092/000110465923007028/0001104659-23-007028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035092/000110465923007028/tm234508d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T07:43:58.410279+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1a87f66af3e8b38ef849865b52525d9a13b5b9ee","claim":"SHORE BANCSHARES INC reported the fiscal year of 2022 results: net income Net income for the fiscal year of 2022 was $31.177 million or $1.57 per diluted common share, EPS $1.57 per diluted common share.","evidence_excerpt":"Net income for the fiscal year of 2022 was $31.177 million or $1.57 per diluted common share, compared to net income for the fiscal year of 2021 of $15.368 million or $1.17 per diluted common share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035092/000110465923007028/0001104659-23-007028-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year of 2022"},{"label":"Net income","value":"Net income for the fiscal year of 2022 was $31.177 million or $1.57 per diluted common share"},{"label":"EPS","value":"$1.57 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5518114ce45a939307da16e8203e60cd5bf255c1","claim":"SHORE BANCSHARES INC reported the fourth quarter of 2022 results: net income net income of $8.407 million or $0.42 per diluted common share for the fourth quarter of 2022, EPS $0.42 per diluted common share.","evidence_excerpt":"Shore Bancshares Reports 2022 Financial Results Easton, Maryland (01/26/2023) - Shore Bancshares, Inc. (NASDAQ - SHBI) (the “Company”) reported net income of $8.407 million or $0.42 per diluted common share for the fourth quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035092/000110465923007028/0001104659-23-007028-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Net income","value":"net income of $8.407 million or $0.42 per diluted common share for the fourth quarter of 2022"},{"label":"EPS","value":"$0.42 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}