For the quarter ending 2025-09-30, SHBI has $6,278,479K in assets. $5,701,272K in debts. $416,513K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 62,289 | 54,512 | ||
| Interest-bearing deposits with other banks | 354,224 | 130,472 | ||
| Cash and cash equivalents | 416,513 | 184,984 | ||
| Fair value | 25,278 | - | ||
| Mortgage-backed securities-Mortgage Backed Securities Issued By USGovernment Sponsored Enterprises | 156,442 | - | ||
| Available for sale, at fair value (amortized cost of 188,267 and 159,593 at september30, 2025 and december31, 2024, respectively) | 181,720 | 187,679 | ||
| Held to maturity, net of allowance for credit losses of 95 and 203 (fair value of 393,540 and 424,734 at september30, 2025 and december31, 2024, respectively) | 433,440 | 459,246 | ||
| Equity securities, at fair value | 6,113 | 6,010 | ||
| Restricted securities, at cost | 20,364 | 20,412 | ||
| Loans held for sale, at fair value | 21,500 | 34,319 | ||
| Loans held for investment | 4,882,969 | 4,827,628 | ||
| Less allowance for credit losses | 59,554 | 58,483 | ||
| Loans, net | 4,823,415 | 4,769,145 | ||
| Premises and equipment, net | 80,812 | 81,426 | ||
| Goodwill | 63,266 | 63,266 | ||
| Other intangible assets, net | 31,722 | 33,761 | ||
| Mortgage servicing rights | 5,293 | 5,396 | ||
| Right-of-use assets | 10,896 | 11,052 | ||
| Cash surrender value on life insurance | 105,055 | 105,860 | ||
| Accrued interest receivable | 20,408 | 19,821 | ||
| Deferred income taxes | 30,328 | 30,972 | ||
| Other assets | 27,634 | 24,525 | ||
| Total assets | 6,278,479 | 6,037,874 | ||
| Noninterest-bearing | 1,594,212 | 1,575,120 | ||
| Interest-bearing checking | 851,963 | 763,309 | ||
| Money market and savings | 1,790,001 | 1,691,438 | ||
| Time deposits | 1,281,132 | 1,273,285 | ||
| Brokered deposits | 10,857 | 10,806 | ||
| Total deposits | 5,528,165 | 5,313,958 | ||
| Fhlb advances | 50,000 | 50,000 | ||
| Guaranteed preferred beneficial interest in junior subordinated debentures (trups), net | 30,085 | 30,005 | ||
| Subordinated debt, net | 44,409 | 44,236 | ||
| Total borrowings | 124,494 | 124,241 | ||
| Lease liabilities | 11,395 | 11,541 | ||
| Other liabilities | 37,218 | 22,940 | ||
| Total liabilities | 5,701,272 | 5,472,680 | ||
| Common stock, 0.01 par value per share shares authorized 50,000,000 shares issued and outstanding 33,421,672 and 33,332,177 at september30, 2025 and december31, 2024, respectively | 334 | 334 | ||
| Additional paid in capital | 359,939 | 359,063 | ||
| Retained earnings | 221,693 | 211,400 | ||
| Accumulated other comprehensive loss | -4,759 | -5,603 | ||
| Total stockholders equity | 577,207 | 565,194 | ||
| Total liabilities and stockholders equity | 6,278,479 | 6,037,874 | ||
SHORE BANCSHARES INC (SHBI)
SHORE BANCSHARES INC (SHBI)