---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-029592"
form_type: "8-K"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T09:13:48.786443+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shore Bancshares and TCFC receive regulatory approvals for merger; close expected July 1, 2023

## Summary
- Received OCC and Maryland regulatory approvals to merge Community Bank of the Chesapeake into Shore United Bank.
- Federal Reserve granted a waiver of merger application requirements for the deal.
- Merger still requires shareholder approval from both Shore and TCFC plus other closing conditions.
- Transaction expected to close on or about July 1, 2023.

## SEC filing metadata
- accession: 0001104659-23-029592
- form_type: 8-K
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2023-03-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000110465923029592/0001104659-23-029592-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000110465923029592/tm238783d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-029592
- JSON: https://secwatch.observer/filing/0001104659-23-029592.json
- Plain text: https://secwatch.observer/filing/0001104659-23-029592.txt

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