{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-020016","form_type":"8-K","ticker":"SHBI","cik":"0001035092","company_name":"SHORE BANCSHARES INC","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.957911+00:00","generated_at":"2026-06-02T23:45:40.976604+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Shore Bancshares Q1 net income $8.2M ($0.25); $4.3M credit card fraud loss reduces EPS by $0.10","bullets":["Net income $8.2M ($0.25 diluted) vs $10.5M ($0.32) in Q4 2023; down 22%.","Recognized $4.3M fraud expense from fraudulent credit card accounts opened using stolen non-customer data; EPS impact $0.10.","Net interest margin stable at 3.08%; deposits fell $201.8M to $5.2B; no brokered deposits or FHLB advances.","Nonperforming assets rose to 0.28% of total assets from 0.23% in Q4; credit trends remain stable.","Board declared $0.12 quarterly dividend payable May 31; plans to close two branches by Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-020016","json":"https://secwatch.observer/filing/0001628280-24-020016.json","markdown":"https://secwatch.observer/filing/0001628280-24-020016.md","text":"https://secwatch.observer/filing/0001628280-24-020016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035092/000162828024020016/0001628280-24-020016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035092/000162828024020016/shbi-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:45:40.976604+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":"f24fae1d828056322590665111254090a53d30fe","claim":"SHORE BANCSHARES INC reported first quarter of 2024 results: net income $8.2 million, EPS $0.25 per diluted common share.","evidence_excerpt":"Shore Bancshares, Inc. (NASDAQ - SHBI) (the “Company” or “Shore Bancshares”), the holding company for Shore United Bank, N.A. (the “Bank” or “SUB”) reported net income for the first quarter of 2024 of $8.2 million or $0.25 per diluted common share compared to a net income of $10.5 million or $0.32 per diluted common share for the fourth quarter of 2023, and net income of $6.5 million or $0.32 per diluted common share for the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035092/000162828024020016/0001628280-24-020016-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2024"},{"label":"Net income","value":"$8.2 million"},{"label":"EPS","value":"$0.25 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"}