---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-043624"
form_type: "8-K"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:18:50.600519+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shore Bancshares Q3 net income $11.2M ($0.34 EPS); NIM rises to 3.17%

## Summary
- Q3 net income $11.2M vs net loss $9.7M a year ago; diluted EPS $0.34.
- Net interest income $43.3M, up $1.1M QoQ; NIM +6 bps to 3.17%.
- Total deposits $5.23B, up from $5.15B at June 30; wholesale funding minimal.
- Nonperforming assets stable at 0.27% of total assets; ACL 1.24% of loans.
- Nine-month net income $30.6M ($0.92 EPS) vs $0.7M ($0.03) prior year.

## SEC filing metadata
- accession: 0001628280-24-043624
- form_type: 8-K
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000162828024043624/0001628280-24-043624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000162828024043624/shbi-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-043624
- JSON: https://secwatch.observer/filing/0001628280-24-043624.json
- Plain text: https://secwatch.observer/filing/0001628280-24-043624.txt

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