{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-084843","form_type":"8-K","ticker":"SHBI","cik":"0001035092","company_name":"SHORE BANCSHARES INC","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.942557+00:00","generated_at":"2026-06-12T23:35:29.634735+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Shore Bancshares Q2 net income $4.0M ($0.20 EPS), down 46% YoY; merger with TCFC closed July 1","bullets":["GAAP EPS $0.20 vs $0.38 in Q2 2022; adjusted EPS $0.25 (ex merger costs).","Net interest margin fell to 2.68% from 3.10% a year ago on higher funding costs.","Loans held for investment grew 7.7% since Dec 2022; deposits fell 2.4%.","Post-merger sold $430M securities, used $380M to reduce FHLB advances and brokered deposits.","Management targets 4%-6% annualized loan growth in H2 on higher-yielding commercial loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-084843","json":"https://secwatch.observer/filing/0001104659-23-084843.json","markdown":"https://secwatch.observer/filing/0001104659-23-084843.md","text":"https://secwatch.observer/filing/0001104659-23-084843.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035092/000110465923084843/0001104659-23-084843-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035092/000110465923084843/tm2322275d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T23:35:29.634735+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":"1c12b92086265b6f985d755ce3a5cec21117c64a","claim":"SHORE BANCSHARES INC reported first half of 2023 results: net income 10.475 million, EPS 0.53.","evidence_excerpt":"Net income for the first half of 2023 was $10.475 million or $0.53 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035092/000110465923084843/0001104659-23-084843-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first half of 2023"},{"label":"Net income","value":"10.475 million"},{"label":"EPS","value":"0.53"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"1ca29cc28639a7bd973a1e5d7f6a6ae9b2ba9f83","claim":"SHORE BANCSHARES INC reported second quarter of 2023 results: net income 4.018 million, EPS 0.20.","evidence_excerpt":"reported net income of $4.018 million or $0.20 per diluted common share for the second quarter of 2023,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035092/000110465923084843/0001104659-23-084843-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Net income","value":"4.018 million"},{"label":"EPS","value":"0.20"},{"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"}