Shore Bancshares Inc (SHBI) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5851889667327674
Cash and cash equivalents5841879567327674
Short-term investments111    
Other current assets6335447
Total current assets:59119110073358080
Noncurrent Assets
Operating lease, right-of-use asset1155
Property, plant and equipment52252423231717
Intangible assets, net (including goodwill)71192020321313
Goodwill63181818281212
Intangible assets, net (excluding goodwill)8223511
Total noncurrent assets:134494843553030
Other undisclosed assets2,7351,6931,4111,3671,3031,0511,025
TOTAL ASSETS:3,4601,9331,5591,4831,3941,1601,135
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities    423
Accounts payable    423
Debt411612237
Deferred compensation liability    111
Other liabilities    012
Total current liabilities:4116127813
Noncurrent Liabilities
Other undisclosed liabilities3,1051,7371,3651,2391,203998976
Total liabilities:3,1091,7381,3661,3001,2301,006988
Stockholders' equity
Stockholders' equity attributable to parent351195193183164154147
Common stock0000000
Additional paid in capital200526165656464
Accumulated other comprehensive income (loss)020(3)(1)(1)(0)
Retained earnings1501411311211009183
Total stockholders' equity:351195193183164154147
TOTAL LIABILITIES AND EQUITY:3,4601,9331,5591,4831,3941,1601,135

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues11995141413
Investment banking revenue334    
Brokerage commissions revenue222 
Financial services revenue5141413
Cost of revenue(0)(4)(1)(2)(2)(2)(2)
Provision for loan, lease, and other losses (4)(1) 
Amortization of mortgage servicing rights (msrs)(0)      
Financial services costs(2)(2)(2)(2)
Gross profit:11594121211
Operating expenses(48)(30)(29)(29)(33)(29)(29)
Other operating income, net
(Noninterest Income, Other Operating Income)
2214433
Operating loss:(35)(23)(19)(22)(18)(15)(15)
Nonoperating income
(Investment Income, Nonoperating)
00     
Interest and debt expense(6)(7)(10)(5)(2)(2)(3)
Other undisclosed income from continuing operations before equity method investments, income taxes 515048403330
Income (loss) from continuing operations before equity method investments, income taxes:(41)212221201612
Other undisclosed income from continuing operations before income taxes62      
Income from continuing operations before income taxes:21212221201612
Income tax expense(6)(5)(6)(5)(9)(6)(4)
Income from continuing operations:1516161611107
Income (loss) from discontinued operations  (0)9   
Net income available to common stockholders, diluted:1516162511107

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:1516162511107
Other comprehensive income (loss)  3(2)(0)10
Comprehensive income:1516192311117
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1)1   (2)(1)
Comprehensive income, net of tax, attributable to parent:141719231197

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: