Exhibit 107

Calculation of Filing Fee Table

Form S-3

(Form Type)

SHORE BANCSHARES, INC.

(Exact Name of Registrant as Specified in its Charter)

Table 1 – Newly Registered Securities and Carry Forward Securities

Security Type

Security Class  Title

Fee Calculation or Carry Forward Rule

Amount Registered

Proposed Maximum Offering Price Per Share

Maximum Aggregate Offering Price

Fee Rate

Amount of Registration Fee

Carry Forward Form  Type

Carry Forward File Number

Carry Forward Initial Effective Date

Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward

Newly Registered Securities

Fees to Be Paid

Equity

Common Stock, par value $0.01 per share(1)

457(o)

(3)

(4)

(5)

Fees to Be Paid

Equity

Preferred Stock, par value $0.01 per share

457(o)

(3)

(4)

(5)

Fees to Be Paid

Equity

Depositary Shares

457(o)

(3)

(4)

(5)

Fees to Be Paid

Debt

Debt Securities(2)

457(o)

(3)

(4)

(5)

Fees to Be Paid

Other

Warrants

457(o)

(3)

(4)

(5)

Fees to Be Paid

Other

Units

457(o)

(3)

(4)

(5)

Fees to Be Paid

Unallocated (Universal Shelf)

Unallocated (Universal Shelf)

457(o)

(3)

(4)

$175,000,000(5)

$0.00014760

$25,830.00

Fees Previously Paid

–

–

–

–

–

–

–

Carry Forward Securities

Carry Forward Securities

–

–

–

–

–

–

–

–

–

Total Offering Amounts

$175,000,000

$25,830.00

Total Fees Previously Paid

–

Total Fee Offsets

–

Net Fee Due

$25,830.00

1)            Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), the shares of common stock being registered hereunder include an indeterminate number of shares that may be issued in connection with shares splits, share dividends, recapitalizations or similar events.

2)            The debt securities covered by this registration statement may be senior and/or subordinated debt securities of Shore Bancshares, Inc.

3)            The amount to be registered consists of up to $175,000,000 of an indeterminate amount of debt securities and related guarantees, common stock, preferred stock, depositary shares warrants and/or units. There is also being registered hereunder such currently indeterminate number of shares of common stock or other securities of the registrant as may be issued upon conversion of, or in exchange for, convertible or exchangeable debt securities, preferred stock, warrants and/or units registered hereby. Any securities registered hereunder may be sold separately or with the other securities registered hereunder.

4)            The proposed maximum aggregate offering price per unit will be determined from time to time by the registrant in connection with the issuance by the registrant of the securities registered hereunder and is not specified as to each class of security pursuant to Instruction 2(A)(iii)(b) of Item 16(b) of Form S-3 under the Securities Act.

5)            Estimated pursuant to Rule 457(o) under the Securities Act. In no event will the aggregate offering price of all securities sold by the registrant from time to time pursuant to this registration statement exceed $175,000,000. No separate consideration will be received for common stock or other securities of the registrant that may be issued upon conversion of, or in exchange for, convertible or exchangeable debt securities and/or preferred stock registered hereby.