0001144204-12-065434.txt : 20121129 0001144204-12-065434.hdr.sgml : 20121129 20121129110509 ACCESSION NUMBER: 0001144204-12-065434 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20121128 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20121129 DATE AS OF CHANGE: 20121129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SHORE BANCSHARES INC CENTRAL INDEX KEY: 0001035092 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 521974638 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22345 FILM NUMBER: 121230640 BUSINESS ADDRESS: STREET 1: 18 EAST DOVER STREET CITY: EASTON STATE: MD ZIP: 21601-3013 BUSINESS PHONE: 4108221400 MAIL ADDRESS: STREET 1: 18 EAST DOVER STREET CITY: EASTON STATE: MD ZIP: 21601-3013 8-K 1 v329440_8k.htm FORM 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): November 28, 2012

SHORE BANCSHARES, INC.

(Exact name of registrant as specified in its charter)

Maryland	0-22345	52-1974638
(State or other jurisdiction of	(Commission file number)	(IRS Employer
incorporation or organization)		Identification No.)

18 East Dover Street, Easton, Maryland 21601

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (410) 763-7800

N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01.

Other Information.

On November 28, 2012, Shore Bancshares, Inc. (the “Company”) issued a press release announcing that The Talbot Bank of Easton, Maryland, a wholly-owned bank subsidiary of the Company, has appointed Patrick M. Bilbrough to serve as its President and Chief Executive Officer. A copy of the press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01.		Financial Statements and Exhibits.

(d)		Exhibits.

Exhibit 99.1 Press release dated November 28, 2012 (filed herewith).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	SHORE BANCSHARES, INC.

Dated: November 28, 2012	By:	/s/ W. Moorhead Vermilye
		W. Moorhead Vermilye
		Chief Executive Officer

EXHIBIT INDEX

Exhibit
Number		Description

99.1		Press release dated November 28, 2012 (filed herewith).

EX-99.1 2 v329440_ex99-1.htm EXHIBIT 99.1

Exhibit 99.1

Shore Bancshares, Inc.

18 E. Dover Street

Easton, Maryland 21601

Phone 410-763-7800

PRESS RELEASE

Bilbrough promoted to President and Chief Executive Officer of Talbot Bank as Duncan retires

Easton, Maryland (11/28/2012) - The Boards of Directors of Shore Bancshares, Inc. (NASDAQ - SHBI) and The Talbot Bank of Easton, Maryland today announced that Patrick M. Bilbrough has been promoted to President and CEO of the Talbot Bank, a subsidiary of Shore Bancshares. Mr. Bilbrough, 48, joined Talbot Bank in May of 2011 as an Executive Vice President and has since been responsible for general administration with a focus on credit improvement. He succeeds William W. (Buck) Duncan, who joined Talbot Bank in 2006 as President and CEO and will retire on December 31, 2012.

Prior to his employment with Talbot Bank and since 2007, Mr. Bilbrough served as the Market Executive of PNC Bank, N.A., of Pittsburgh where he was responsible for the 11-county Delmarva Region. He was concurrently serving as a commercial banking team leader for a 5-county area. In 2004, he was named Executive Vice President of the Mercantile Eastern Shore Bank and, following six months as its chief financial officer, he then served as senior lender and senior credit officer prior to the acquisition of Mercantile by PNC in 2007. Mercantile Eastern Shore Bank was a combination of the Peoples Bank of Maryland, St. Michaels Bank and the Chestertown Bank.

From 1995 to 2004, Mr. Bilbrough was with the Peoples Bank of Maryland, of Denton, where he had most recently been President and CEO after beginning as its chief financial officer and comptroller. He was a small business owner from 1985 to 1995.

“A key to our future success has been the development of a succession plan for senior management,” said W. Moorhead Vermilye, Chairman of the Talbot Bank’s board. “We are very pleased to be able to promote from within the organization a talented career banker with such a diverse background who is a longtime member of our local community.”

Mr. Bilbrough graduated from Salisbury University. He is a Certified Public Accountant, a graduate of the RMA Advanced Commercial lending School, and the Executive Challenge Course sponsored by GAP International, a leadership program for Fortune 500 executives. He serves on the Boards of Directors of the Benedictine School and Choptank Community Health Services. He resides in Greensboro, MD.

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