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): April 24, 2017
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.) |
28969 Information Lane, 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 Events
On April 24, 2017, Shore Bancshares, Inc. announced today that its banking subsidiary, Shore United Bank, opened a new Loan Production Office in West Ocean City, Maryland. W. Thomas Mears, former President and Chief Executive Officer of Shore Bank will lead the office.
A copy of the press release issued by Shore Bancshares, Inc. on April 24, 2017 is attached to this Current Report on Form 8-K as Exhibit 99.1
Item 9.01 Financial Statements and Exhibits.
(d) | Exhibits. |
The exhibits that are filed or furnished with this report are listed in the Exhibit Index that immediately follows the signatures hereto, which list is incorporated herein by reference.
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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: April 24, 2017 | By: | /s/ Lloyd L. Beatty, Jr. |
Lloyd L. Beatty, Jr. President and Chief Executive Officer |
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EXHIBIT INDEX
Exhibit
Number | Description |
99.1 | Press Release, dated April 24, 2017 (filed herewith) |
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Shore United Bank Opens Loan Production Office in West Ocean City, Maryland
EASTON, Md., April 24, 2017 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) announced today that its banking subsidiary, Shore United Bank, opened a new Loan Production Office in West Ocean City, Maryland. W. Thomas Mears, former President and Chief Executive Officer of Shore Bank will lead the office.
"Mr. Mears has over 28 years of banking experience and has extensive market knowledge of the lower eastern shore," noted Shore Bancshares' President and Chief Executive Officer, Lloyd L. "Scott" Beatty, Jr. "This new loan production office was strategically selected to expand our footprint to the lower shore and to enhance our community banking model in West Ocean City." Pat Bilbrough, Shore United Bank's President and Chief Executive Officer, added "client relationships will be handled by local knowledgeable bankers to meet the needs of area businesses."
About Shore Bancshares, Inc.
Shore Bancshares, Inc. is a financial holding company headquartered in Easton, Maryland and is the largest independent bank holding company located on Maryland's Eastern Shore. It is the parent company of Shore United Bank; one retail insurance producer firm, The Avon-Dixon Agency, LLC ("Avon-Dixon"), with two specialty lines, Elliott Wilson Insurance (Trucking) and Jack Martin Associates (Marine); and an insurance premium finance company, Mubell Finance, LLC ("Mubell"). Shore Bancshares Inc. engages in trust and wealth management services through Wye Financial & Trust, a division of Shore United Bank.
Additional information is available at www.shorebancshares.com.
CONTACT: Lloyd L. Beatty, Jr., 410-763-7800