Shore Bancshares Inc (SHBI) financial statements (2020 and earlier)

Company profile

Business Address 18 EAST DOVER STREET
EASTON, MD 21601-3013
State of Incorp. MD
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments966732767496131
Cash and cash equivalents956732767496131
Short-term investments1      
Income taxes receivable0
Other current assets3544766
Total current assets:10073358080103137
Noncurrent Assets
Operating lease, right-of-use asset5
Property, plant and equipment24232317171615
Intangible assets, net (including goodwill)20203213131316
Goodwill18182812121212
Intangible assets, net (excluding goodwill)2351114
Total noncurrent assets:48435530303031
Other undisclosed assets1,4111,3671,3031,0511,025968886
TOTAL ASSETS:1,5591,4831,3941,1601,1351,1001,054
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities  4232 
Accounts payable  4232 
Debt1612237510
Deferred compensation liability  11122
Other liabilities  01222
Total current liabilities:161278131114
Noncurrent Liabilities
Other undisclosed liabilities1,3651,2391,203998976949937
Total liabilities:1,3661,3001,2301,006988960951
Stockholders' equity
Stockholders' equity attributable to parent193183164154147140103
Common stock0000000
Additional paid in capital61656564646432
Accumulated other comprehensive income (loss)0(3)(1)(1)(0)0(0)
Retained earnings13112110091837671
Total stockholders' equity:193183164154147140103
TOTAL LIABILITIES AND EQUITY:1,5591,4831,3941,1601,1351,1001,054

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues9514141352 
Net investment income     38 
Investment banking revenue4      
Brokerage commissions revenue2 
Financial services revenue514141314 
Cost of revenue(1)(2)(2)(2)(2)(3) 
Provision for loan, lease, and other losses(1) 
Financial services costs(2)(2)(2)(2)(3) 
Gross profit:9412121149 
Operating expenses(29)(29)(33)(29)(29)(32)(4)
Other operating income, net
(Noninterest Income, Other Operating Income)
1443333
Operating income (loss):(19)(22)(18)(15)(15)19(1)
Nonoperating income (expense)     0(1)
Investment income, nonoperating     0 
Losses on sales of other real estate      (1)
Interest and debt expense(10)(5)(2)(2)(3)(4)(6)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes5048403330(7)(7)
Income (loss) from continuing operations before income taxes:22212016128(16)
Income tax expense (benefit)(6)(5)(9)(6)(4)(3)7
Income (loss) from continuing operations:1616111075(10)
Income (loss) from discontinued operations(0)9     
Net income (loss) available to common stockholders, diluted:1625111075(10)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income (loss):1625111075(10)
Other comprehensive income (loss)3(2)(0)10(1) 
Comprehensive income (loss):1923111174(10)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent   (2)(1)2(1)
Comprehensive income (loss), net of tax, attributable to parent:192311976(11)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: