Shore United Bank

Overview / Commentary
18 Dover Street
Easton, MD 21601

Shore United Bank is headquartered in Easton and is the 6th largest bank in the state of Maryland. It is also the 552nd largest bank in the nation. It was established in 1876 and as of March of 2020, it had grown to 284 employees at 22 locations. Shore United Bank has an A+ health rating.


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Health Grade Components

FDIC Certificate #4832
Year Established1876
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD7.2%
Annual Interest Income$14.7MM
Assets and Liabilities
AssetsQ1 2020vs Q1 2019$1.57B$1.48B
LoansQ1 2020vs Q1 2019$1.27B$1.20B
DepositsQ1 2020vs Q1 2019$1.35B$1.26B
Equity CapitalQ1 2020vs Q1 2019$187.8MM$163.0MM
Loan Loss AllowanceQ1 2020vs Q1 2019$10.4MM$10.4MM
Unbacked Noncurrent LoansQ1 2020vs Q1 2019$12.3MM$15.4MM
Real Estate OwnedQ1 2020vs Q1 2019$38.00K$979.00K

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