{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-035788","form_type":"8-K","ticker":"SHBI","cik":"0001035092","company_name":"SHORE BANCSHARES INC","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.962438+00:00","generated_at":"2026-06-09T01:51:41.055306+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Shore Bancshares Q3 net loss $6.4M on merger costs; tangible book value drops 20%","bullets":["Q3 net loss of $6.4M ($0.19 diluted EPS) vs net income $4.0M ($0.20) in Q2 2023 and $9.7M ($0.49) in Q3 2022.","Net interest income $45.6M; NIM expanded to 3.35% from 2.68% QoQ due to accretion and balance sheet restructuring.","Provision for credit losses $28.2M, mostly from TCFC acquisition ($20.1M) and ACL methodology change ($7.3M).","Merger with TCFC closed July 1; contributed $2.4B assets; tangible book value per share fell to $11.80 from $14.83.","Noninterest expense $47.2M includes $17.5M merger costs; $12.2M bargain purchase gain partially offset."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-035788","json":"https://secwatch.observer/filing/0001628280-23-035788.json","markdown":"https://secwatch.observer/filing/0001628280-23-035788.md","text":"https://secwatch.observer/filing/0001628280-23-035788.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035092/000162828023035788/0001628280-23-035788-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035092/000162828023035788/shbi-20231101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:51:41.055306+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":"c58aa804bb221c5228896177de44361edd5d90e8","claim":"SHORE BANCSHARES INC reported the third quarter and first nine months of 2023 results: net income net loss of $6.4 million or $0.19 per diluted common share, EPS $0.19 per diluted common share.","evidence_excerpt":"reported a net loss of $6.4 million or $0.19 per diluted common share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035092/000162828023035788/0001628280-23-035788-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter and first nine months of 2023"},{"label":"Net income","value":"net loss of $6.4 million or $0.19 per diluted common share"},{"label":"EPS","value":"$0.19 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"}