Shore Bancshares, Inc. owns all of the issued and outstanding shares of common
stock of The Talbot Bank of Easton, Maryland, a Maryland state-chartered
commercial bank, and The Centreville National Bank of Maryland, a national
banking association.

The Talbot Bank of Easton, Maryland owns all the issued and outstanding shares
of common stock of Dover Street Realty, Inc., a Maryland corporation.

The Centreville National Bank of Maryland owns one-third of the outstanding
common stock of The Delmarva Bank Data Processing Center, Inc., a Maryland
corporation and bank service corporation. The Delmarva Bank Data Processing
Center, Inc., also located in Easton, Maryland, provides data processing
services to financial institutions located in Maryland, Delaware, Virginia and
the District of Columbia.