Shore Bancshares Inc Income Statement

Income Statement Dec2009 Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 8.99M21.12M19.47M27.75M27.78M3.35M2.08M1.85M2.29M1.67M0.70M3.90M-0.36M1.93M30.95M4.74M
Revenue 60.92M60.68M57.08M51.10M52.34M50.82M50.94M54.89M53.89M59.65M60.15M9.21M11.01M15.34M168.47M201.70M
Interest income
Interest income - Loans 55.21M51.96M47.55M42.70M39.06M35.14M35.13M37.16M43.62M51.33M55.39M56.42M64.80M99.12M194.34M269.63M
Interest income - Investments 0.30M1.60M
Interest Income - Debt Securities 6.17M6.24M6.31M6.94M5.86M5.43M4.81M4.90M4.47M4.87M5.13M4.70M5.43M11.51M16.83M19.62M
Interest Income - Deposits 0.01M0.02M0.09M0.27M0.20M0.18M0.13M0.29M0.33M0.29M0.79M0.26M0.37M3.21M2.77M6.24M
Interest Income - Fed Funds 0.08M0.06M0.03M0.01M0.00M0.00M0.00M0.01M0.09M
Other interest income 0.07M0.25M0.18M0.03M0.11M0.23M0.28M0.09M0.03M0.06M
Interest Income - Total 58.79M55.46M50.85M45.90M41.35M38.29M38.87M40.65M47.96M55.91M59.77M59.68M70.17M113.84M214.08M295.34M
Interest expenses
Interest Expense - Deposits 17.02M12.68M10.99M10.50M6.45M4.23M3.33M2.39M2.24M3.53M8.73M6.44M4.46M9.98M68.80M115.30M
Interest Expense - Debt 0.27M0.08M0.06M0.04M0.03M0.02M0.01M0.01M0.03M1.64M0.48M0.64M1.57M2.49M5.52M7.36M
Interest Expenses 17.41M12.82M11.09M10.56M6.47M4.25M3.35M2.40M2.27M5.27M9.64M7.08M6.04M12.54M78.77M124.79M
Interest Income - Net 41.38M42.64M39.76M35.34M34.88M34.04M35.52M38.25M45.69M50.63M50.13M52.60M64.13M101.30M135.31M170.55M
Non-interest income
Interest Income - Total 32.39M21.52M20.29M7.59M7.09M30.69M33.45M36.40M43.40M48.96M49.43M48.70M64.49M99.38M104.35M165.81M
Financial Services Fees 11.13M10.11M9.36M9.81M10.65M9.53M8.27M8.55M8.84M1.56M1.52M1.56M1.88M1.78M3.61M3.37M
Service Charges 3.42M3.26M2.85M2.55M2.37M2.41M2.87M3.46M3.63M3.88M7.75M14.82M10.24M
Investment Gain (Loss) 0.05M0.56M0.28M0.91M0.02M0.03M0.01M3.88M3.91M2.84M3.40M5.65M5.50M6.15M
Investment Banking Income 0.92M3.92M2.98M5.02M
Income - Trust 1.10M1.50M1.56M1.64M1.61M1.86M1.63M1.44M1.53M1.56M
Mortgage Banking 0.95M5.21M1.53M0.97M
Card Income 2.44M2.68M3.01M3.96M4.81M
Trading Income -2.17M
Other Non-Interest Income 3.84M3.17M2.99M2.81M3.22M2.97M2.65M2.96M3.04M1.51M1.35M1.80M1.52M1.43M3.48M4.41M
Non-Interest Income 19.54M18.04M17.32M15.76M17.46M16.78M15.42M16.64M8.20M9.01M10.02M10.75M13.50M23.09M33.16M31.15M
Operating Items
Amortization - Intangibles 0.52M0.52M0.51M0.39M0.30M0.20M0.13M0.13M0.31M0.53M0.73M2.00M6.11M9.78M
Depreciation & Amortization - Total 1.18M1.20M1.06M0.96M1.02M0.97M0.93M0.96M1.03M1.22M1.55M2.02M2.55M3.44M
Research & Development 2.46M2.61M2.85M2.72M2.90M3.01M3.26M3.50M3.68M4.29M5.00M6.89M8.78M12.33M
Wages, Salaries and Other 18.49M17.48M16.82M17.42M17.35M17.60M17.54M17.63M20.01M14.94M21.22M35.93M57.00M66.58M
Rent Expense 2.32M2.33M2.31M2.56M2.34M2.34M2.42M2.45M2.70M2.92M3.69M6.24M7.79M9.71M
Restructuring Costs 8.53M2.10M17.36M
Other Operating Expenses 34.28M35.59M32.94M33.32M34.42M33.04M30.74M30.24M26.23M36.83M37.56M29.97M38.03M63.07M86.85M112.78M
Operating Expenses 40.25M41.72M39.17M39.55M40.69M39.36M37.35M37.15M33.64M36.83M37.56M38.40M56.81M80.32M123.33M138.25M
Operating Income -29.44M
EBIT 29.10M10.66M9.53M-5.64M-9.66M12.36M14.86M18.30M20.23M26.41M31.53M-29.44M27.22M54.68M92.96M183.49M
Non-operating items
Non Operating Investment Income 12.74M0.00M0.35M0.00M-2.17M
Interest & Investment Income 8.24M10.00M10.47M8.90M19.30M0.56M0.15M
Other Non Operating Income 8.82M
Net income details
EBT 11.69M-2.16M-1.55M-16.20M-16.14M8.11M11.52M15.90M17.96M21.14M21.89M21.05M21.18M42.14M14.18M58.70M
Tax Provisions 4.41M-0.49M-0.66M-6.57M-6.50M3.06M4.41M6.26M8.73M5.38M5.61M7.50M5.81M10.96M2.96M14.81M
Profit After Tax 7.27M-1.67M-0.90M-9.64M-9.63M5.05M7.11M9.64M9.22M15.76M16.28M15.73M15.37M31.18M11.23M43.89M
Equity Income -4.18M-2.68M-12.44M-11.22M5.03M6.18M10.52M13.05M16.57M16.96M
Income from Non-Controlling Interests 4.18M2.68M12.44M
Income from Continuing Operations 7.27M-1.67M-0.90M-9.64M-9.63M5.05M7.11M9.64M9.22M15.76M16.28M13.54M15.37M31.18M11.23M43.89M
Consolidated Net Income 7.27M-1.67M-0.90M-9.64M-9.63M5.05M7.11M9.64M2.04M9.23M-0.09M13.54M15.37M31.18M11.23M43.89M
Income towards Parent Company 7.27M-1.67M-0.90M-9.64M-9.63M5.05M7.11M9.64M2.04M9.23M-0.09M13.54M15.37M31.18M11.23M43.89M
Preferred Dividend Payments 1.88M
Net Income towards Common Stockholders 5.40M-1.67M-0.90M-9.64M-9.63M5.05M7.11M9.64M2.04M9.23M-0.09M13.54M15.37M31.18M11.23M43.89M
Additional items
EPS (Basic) 0.64-0.20-0.11-1.14-1.140.460.560.760.890.72-0.011.271.171.570.421.32
EPS (Weighted Average and Diluted) 0.64-0.20-0.11-1.14-1.140.460.560.760.891.271.171.570.421.32
Shares Outstanding (Weighted Average) 12.69M12.75M12.69M12.03M19.81M19.86M
Tax Rate 37.76%22.79%42.32%40.52%40.29%37.73%38.28%39.38%48.63%25.45%25.62%35.64%27.44%26.02%20.84%25.24%