---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-088404"
form_type: "8-K/A"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T03:40:20.095047+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# TCFC Q1 2023 net income $7.3M; SHBI files acquisition financials

## Summary
- TCFC Q1 net income $7.327M ($1.30 diluted EPS); net interest income $19.068M.
- Total assets $2.428B; net loans $1.821B; allowance for credit losses $23.515M.
- Total deposits $2.154B, up 3.2% from $2.088B at Dec 31, 2022.
- Pro forma combined balance sheet and income statement for March 31, 2023 also filed.

## SEC filing metadata
- accession: 0001104659-23-088404
- form_type: 8-K/A
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 9.01, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000110465923088404/0001104659-23-088404-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000110465923088404/tm2322963d1_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-088404
- JSON: https://secwatch.observer/filing/0001104659-23-088404.json
- Plain text: https://secwatch.observer/filing/0001104659-23-088404.txt

## Key facts
- M&A Transactions
  SHORE BANCSHARES INC completed an acquisition involving The Community Financial Corporation.
  - Action: acquisition
  - Counterparty: The Community Financial Corporation
  source text: reporting under Item 2.01 the completion of its previously announced merger (the "Merger") with The Community Financial Corporation ("TCFC").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1035092/000110465923088404/0001104659-23-088404-index.htm

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