Every material Form 8-K SHORE BANCSHARES INC has filed with the SEC since October 01, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Shore Bancshares furnished an investor presentation with third-quarter 2026 results showing net income of $16.8 million, or $0.50 per diluted share, down from $18.9 million, or $0.56 per share, in the second quarter. Net interest income rose 4.2% to $55.1 million and net interest margin widened to 3.78%, but a $5.3 million provision for credit losses, up from $0.9 million, and lower noninterest income reduced earnings.
Net income $16.8 million, or $0.50 per diluted share, versus $18.9 million, or $0.56 per share, in Q2 2026.
Net interest income $55.1 million, up 4.2%; net interest margin 3.78%, up from 3.70% in Q2 2026.
Provision for credit losses $5.3 million, versus $0.9 million in Q2 2026; total nonperforming assets $81.8 million at September 30, 2026.
Noninterest income $7.7 million, down from $8.8 million in Q2 2026.
Shore Bancshares reported third quarter 2026 net income of $16.8 million, or $0.50 per diluted share, down from $18.9 million, or $0.56, in the second quarter but up from $14.3 million, or $0.43, a year earlier. The decline reflects a $5.3 million provision for credit losses, driven by a partial charge-off on a multifamily loan, while net interest income rose to $55.1 million and the net interest margin widened to 3.78%.
Net income was $16.8 million, or $0.50 per diluted share, versus $18.9 million, or $0.56, in Q2 2026 and $14.3 million, or $0.43, in Q3 2025.
Provision for credit losses rose to $5.3 million from $896 thousand in Q2 2026, mainly from a partial multifamily loan write-off.
Nonperforming assets were $81.8 million, or 1.27% of total assets, up from 1.09% at June 30, 2026.
Net interest margin increased to 3.78% from 3.70% in Q2 2026; book value per share rose to $18.59.
Shore Bancshares adopted a Deferred Compensation Plan for Non-employee Directors on September 30, 2026, letting directors defer director fees and equity awards on a pre-tax basis. The board also amended its existing Deferred Compensation Plan to end non-employee director participation after the 2026 plan year. The filing contains no financial results, and the changes are administrative compensation matters.
September 30, 2026: board adopted a Deferred Compensation Plan for Non-employee Directors intended to comply with Section 409A of the Internal Revenue Code
Participants may make annual elections to defer a specified percentage of director fees and vested equity awards; deferrals are always 100% vested
Same day, the board amended the Deferred Compensation Plan to eliminate non-employee director participation after the 2026 plan year
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