Overview / Commentary
Shore United Bank is headquartered in EASTON and is the 5th largest bank in the state of Maryland. It is also the 341st largest bank in the nation. It was established in 1876 and as of June of 2023, it had grown to 478 employees at 24 locations. Shore United Bank has a B+ health rating.
Reviews (1)
Called CD Before/On First Payment Date!
Posted by: Sneakernet | Dec 5, 2023
Called CD before/on first payment date!
Health
B+
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4832 |
| Year Established | 1876 |
| Employees | 478 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.73% |
| Return on Equity - YTD | 6.65% |
| Annual Interest Income | $71.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $3.64B$3.44B |
| Loans | Q2 2023vs Q2 2022 | $2.73B$2.26B |
| Deposits | Q2 2023vs Q2 2022 | $2.95B$3.03B |
| Equity Capital | Q2 2023vs Q2 2022 | $391.3MM$380.2MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $29.0MM$15.5MM |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $5.0MM$3.5MM |
| Real Estate Owned | Q2 2023vs Q2 2022 | $179.00K$197.00K |
