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Stock Market & Financial Investment News

News Breaks
May 21, 2014
08:11 EDTSHBIShore Bancshares 3.6M share Secondary priced at $8.25
Sandler ONeill acted as sole book running manager for the offering.
News For SHBI From The Last 14 Days
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May 12, 2015
15:49 EDTSHBIShore Bancshares says FDIC, State of Maryland lift consent orders
The Talbot Bank of Easton, Maryland, the wholly owned subsidiary of Shore Bancshares, announced last night that the Federal Deposit Insurance Corporation and the Maryland Commissioner of Financial Regulation have terminated the Consent Order the Bank entered into on May 24, 2013. While the Order has been terminated, the Bank will be required to continue to adhere to certain requirements and restrictions based on commitments made to the FDIC and the Commissioner in connection with the termination of the Order, which include, among other things, continued reduction of classified assets and maintenance of capital in excess of regulatory minimums.

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