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SHORE BANCSHARES INC (SHBI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Mar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21
   10-Q10-Q8-K10-Q10-Q10-Q8-K10-Q
    Interest income:  
        Interest income on loans  32.730.827.725.923.522.120.615.5
        Interest income on investments  3.74.14.03.22.42.01.71.3
       36.635.132.330.626.724.322.416.9
    Interest expense:  
        Interest on deposits  9.97.34.62.61.51.41.30.9
        Interest on borrowings    0.8   0.5 
       14.19.45.33.32.11.91.81.3
Net interest income  22.525.726.927.324.622.420.615.6
Provision for loan losses  0.61.10.50.70.20.6-1.70.3
Net interest income after provision for loan losses  21.924.626.526.624.421.822.415.3
        Deposit and loan fees    1.3   1.2 
        Gain on sale of investments, net         0.0
        Other non-interest income  5.35.34.55.35.86.03.92.9
Total non-interest income  5.35.35.95.35.86.05.12.9
Non-interest expenses  21.620.921.018.920.120.323.511.9
Pre-tax income before non-recurring items  6.79.612.313.210.48.311.66.8
Non-recurring items  1.20.71.00.20.20.77.60.5
Pre-tax income  5.58.911.413.110.27.54.06.3
Income taxes  1.52.42.93.42.71.91.31.7
            Tax rate  27.1%27.4%26.0%26.2%26.2%25.6%31.8%26.4%
Net income  4.06.58.49.77.55.62.74.6
            Net margin  14.8%21.6%26.0%30.2%24.8%20.1%9.9%25.4%
   
Basic EPS  $0.20$0.32$0.42$0.49$377.84$0.28$0.16$0.39
Diluted EPS  $0.20$0.32$0.42$0.49$0.38$0.28$0.16$0.39
   
Shares outstanding (basic)  19.919.919.919.90.019.817.211.8
Shares outstanding (diluted)  19.919.919.919.919.819.817.211.8
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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