Shore Bancshares (SHBI) Loans - Loss Allowance (2017 - 2023)

Shore Bancshares has reported Loans - Loss Allowance over the past 7 years, most recently at $57.1 million for Q3 2023.

  • Quarterly results put Loans - Loss Allowance at $57.1 million for Q3 2023, up 250.5% from a year ago — trailing twelve months through Sep 2023 was $57.1 million (up 250.5% YoY), and the annual figure for FY2022 was $16.6 million, up 19.36%.
  • Loans - Loss Allowance for Q3 2023 was $57.1 million at Shore Bancshares, up from $29.0 million in the prior quarter.
  • Over the last five years, Loans - Loss Allowance for SHBI hit a ceiling of $57.1 million in Q3 2023 and a floor of $10.3 million in Q2 2019.
  • Median Loans - Loss Allowance over the past 5 years was $14.3 million (2021), compared with a mean of $17.2 million.
  • Biggest five-year swings in Loans - Loss Allowance: dropped 0.38% in 2020 and later surged 250.5% in 2023.
  • Shore Bancshares' Loans - Loss Allowance stood at $10.5 million in 2019, then skyrocketed by 32.18% to $13.9 million in 2020, then rose by 0.4% to $13.9 million in 2021, then rose by 19.36% to $16.6 million in 2022, then soared by 242.79% to $57.1 million in 2023.
  • The last three reported values for Loans - Loss Allowance were $57.1 million (Q3 2023), $29.0 million (Q2 2023), and $28.5 million (Q1 2023) per Business Quant data.