Overview / Commentary
Shore United Bank is headquartered in EASTON and is the 4th largest bank in the state of Maryland. It is also the 249th largest bank in the nation. It was established in 1876 and as of September of 2024, it had grown to 597 employees at 38 locations. Shore United Bank has an A 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
A
Data as of Q3 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4832 |
| Year Established | 1876 |
| Employees | 597 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 8.2% |
| Annual Interest Income | $218.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $5.91B$5.7B |
| Loans | Q3 2024vs Q3 2023 | $4.7B$4.58B |
| Deposits | Q3 2024vs Q3 2023 | $5.23B$5.12B |
| Equity Capital | Q3 2024vs Q3 2023 | $596MM$562.8MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $58.7MM$57.1MM |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $14.9MM$11.1MM |
| Real Estate Owned | Q3 2024vs Q3 2023 | $179K$179K |
