shbi: the income statement

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SHORE BANCSHARES INC (SHBI)

For the quarter ending 2025-06-30, SHBI made $85,938K in revenue. $15,507K in net income. Net profit margin of 18.04%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Income tax expense	5,125
Service charges on deposit accounts	1,519
Gain on sale of loans held for sale	1,325
Trust and investment fee income	942
Other noninterest income	2,690
Mortgage-banking revenue	1,054
Interchange credits	1,788
Total noninterest income	9,318
Salaries and employee benefits	17,742
Other noninterest expense	3,759
Occupancy expense	2,472
Directors fees	219
Software and data processing	4,819
Fdic insurance premium expense	1,023
Furniture and equipment expense	796
Amortization of other intangible assets	2,272
Legal and professional fees	1,225
Fraud losses	83
Total noninterest expense	34,410
Provision for credit losses	1,528
Interest on short-term borrowings	605
Interest on long-term borrowings	1,394
Interest on deposits	27,369
Total interest expense	29,368
Interest and dividends on tax-exempt investment securities	6
Interest and dividends on taxable investment securities	5,331
Interest on deposits with other banks	1,588
Interest and fees on loans	69,695
Total interest income	76,620
Net interest income	47,252
Net interest income after provision for credit losses	45,724
Income before income taxes	20,632
Net income	15,507

Average number of common shares outstanding - basic (in shares)	33,374,265
Average number of common shares used to calculate diluted eps (in shares)	33,388,013
Basic net income per common share (in dollars per share)	0.46
Diluted net income per common share (in dollars per share)	0.46

Unit: Thousand (K) dollars (except for numbers of shares and EPS)