Shore Bancshares (SHBI) Loans - Loss Allowance: 2017-2022

Historic Loans - Loss Allowance for Shore Bancshares (SHBI) over the last 6 years, with Dec 2022 value amounting to $16.6 million.

  • Shore Bancshares' Loans - Loss Allowance rose 250.50% to $57.1 million in Q3 2023 from the same period last year, while for Sep 2023 it was $57.1 million, marking a year-over-year increase of 250.50%. This contributed to the annual value of $16.6 million for FY2022, which is 19.36% up from last year.
  • As of FY2022, Shore Bancshares' Loans - Loss Allowance stood at $16.6 million, which was up 19.36% from $13.9 million recorded in FY2021.
  • In the past 5 years, Shore Bancshares' Loans - Loss Allowance ranged from a high of $16.6 million in FY2022 and a low of $10.3 million during FY2018.
  • Its 3-year average for Loans - Loss Allowance is $14.8 million, with a median of $13.9 million in 2021.
  • Data for Shore Bancshares' Loans - Loss Allowance shows a peak YoY spiked of 32.18% (in 2020) over the last 5 years.
  • Shore Bancshares' Loans - Loss Allowance (Yearly) stood at $10.3 million in 2018, then climbed by 1.59% to $10.5 million in 2019, then skyrocketed by 32.18% to $13.9 million in 2020, then climbed by 0.40% to $13.9 million in 2021, then rose by 19.36% to $16.6 million in 2022.