Institution Statistics
| Shore Bank | | FDIC Certificate # | 31294 | | BankRate Report | View | | Year Established | 1961 | | Employees | 70 | | Primary Regulator | FED |
Assets and Liabilities | | Assets | $294.06 million | | Loans | $229.83 million | | Deposits | $237.16 million | | Equity Capital | $26.38 million | | Loan Loss Allowance | $3.23 million | | Unbacked Noncurrent Loans | $7.74 million | | Real Estate Owned | $3.19 million |
Historic Data - March 2011 | | Assets | $307.82 million | | Equity Capital | $24.40 million | | Loan Loss Allowance | $3.67 million | | Unbacked Noncurrent Loans | $9.67 million | | Real Estate Owned | $2.16 million |
Profit Margin - Quarterly | | Net Interest Margin | 4.2% | | Return on Assets | 0.78% | | Return on Equity | 8.56% | | Interest Income | $3.22 million |
|
|
Institution Health
Overall Score:
3 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Shore Bank had $10.93 million in non-current loans and owned real-estate with $29.6 million in equity and loan loss allowances on hand to cover it. This gives Shore Bank a Texas Ratio of 36.92% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Shore Bank held steady from 42.15% as of March 31, 2011 to 36.92% as of March 31, 2012, resulting in a positive change of 12.40%.This indicates that the balance sheet and financial strength for Shore Bank has held steady in recent periods. | | Deposit Growth | | | In the past year, Shore Bank has decreased its total deposits by -$7.48 million, resulting in -3.06% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Shore Bank has shown is below average. | | Capitalization |  | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Shore Bank has $294.06 million in assets with $29.6 million in equity, resulting in a capitalization level of 10.07%, which is above average. |
|
