Shore United Bank

Overview / Commentary
18 Dover Street
Easton, MD 21601

Shore United Bank is headquartered in EASTON and is the 4th largest bank in the state of Maryland. It is also the 247th largest bank in the nation. It was established in 1876 and as of March of 2024, it had grown to 606 employees at 40 locations. Shore United Bank has an A health rating.

Reviews (1)

Called CD Before/On First Payment Date!

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Called CD before/on first payment date!


Health Grade Components

FDIC Certificate #4832
Year Established1876
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD6.95%
Annual Interest Income$71.1MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$5.82B$3.56B
LoansQ1 2024vs Q1 2023$4.61B$2.64B
DepositsQ1 2024vs Q1 2023$5.19B$3B
Equity CapitalQ1 2024vs Q1 2023$579.5MM$392.4MM
Loan Loss AllowanceQ1 2024vs Q1 2023$57.3MM$28.5MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$14.3MM$3MM
Real Estate OwnedQ1 2024vs Q1 2023$179K$179K

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