Shore Bancshares is a financial holding company that exists as the largest independent financial services company in the Delmarva Peninsula. The peninsula is comprised of the Eastern Shores of Virginia, Maryland and South-Central Delaware. The company offers a wide range of financial services products and services through its two banking subsidiaries: CNB and The Talbot Bank of Easton, Maryland.
The company is headquartered in Easton, Maryland. It has been around for more than 100 years and dedicates its expertise in financial services to the success of its customers. The company is also the parent business of Avon-Dixon Agency, LLC, which also has three subsidiaries under its operations: Jack Martin & Associates, Inc., Freestate & Son and Elliott Wilson Insurance, LLC. Through these businesses, the company offers commercial and retail banking products and services, trust and wealth management solutions and insurance solutions.
The banks (CNB and The Talbot Bank) are registered as community banks that operate through its 118 branches across the three states. The banks offer services that are intended to make banking with the company easier for their consumers. In addition to the customary banking services offered, the company also provides a wide range of lending services that are fueled by the company’s pooled deposits and their short term borrowings from the Federal Home Loan Banks. As of December 2014, the company’s deposits are estimated to be around $949 million. To further underscore the company’s commitment to the communities it thrives in, they offer the best customer service, latest technology and financial solutions that would help their partners reach their financial goals.
Shore Bancshares, Inc. is valued to be around $1.1 billion and it continues to grow its operations through strategic acquisition and organic growth. The company is a publicly traded venture with its common shares marketed on the NASDAQ, using the symbol SHBI.