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 344th largest bank in the nation. It was established in 1876 and as of June of 2022, it had grown to 437 employees at 30 locations. Shore United Bank has an A+ health rating.


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Health Grade Components

FDIC Certificate #4832
Year Established1876
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD7.68%
Annual Interest Income$51.0MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$3.44B$2.12B
LoansQ2 2022vs Q2 2021$2.26B$1.46B
DepositsQ2 2022vs Q2 2021$3.03B$1.89B
Equity CapitalQ2 2022vs Q2 2021$380.2MM$209.7MM
Loan Loss AllowanceQ2 2022vs Q2 2021$15.5MM$15.1MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$3.8MM$4.7MM
Real Estate OwnedQ2 2022vs Q2 2021$197.00K$203.00K

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