# SHORE BANK
ONLEY, VA · FDIC certificate 31294 · asset band $300M-1B · latest filing 2015-09 · stopped filing (departed)

**Verdict on the desk:** this could be *ordinary*. Composite score 0 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $389.8M | |
| Deposits | $337.3M | |
| Loans and leases | $322.5M | |
| Total equity | $38.6M | |
| Loans / deposits | 94.76% (p78 of band) | 82.48% |
| Liquid assets / assets | 13.12% (p13 of band) | |
| Uninsured deposits / deposits | 20.73% (p53 of band) | 19.89% |
| Brokered deposits | 1.28% | |
| Wholesale funding | 4.62% (p41 of band) | |
| FHLB advances / assets | 0.00% | |
| Tier 1 leverage | 9.96% (p46 of band) | 10.12% |
| Unrealized securities loss / equity | 0.68% (p38 of band) | 1.17% |
| AOCI / equity | 0.63% (p81 of band) | |
| ROA (annualized) | 0.40% (p10 of band) | 0.92% |
| Net interest margin | 3.64% (p54 of band) | 3.59% |
| Efficiency ratio | 84.53% (p88 of band) | |
| Noncurrent loans | 0.76% (p51 of band) | 0.75% |
| Net charge-offs (annualized) | 0.06% (p64 of band) | |
| Reserve coverage of noncurrent | 117.55% | |
| Real estate % of loans | 79% | |
| Construction % of loans | 46.21% (p61 of band) | |
| Auto loans | $16,000 (0.00% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p44 of band) | |
| Deposits YoY | 19.8% | |
| Employees | 73 | |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 4 | leverage <7%, expense ratio p90, reserve under noncurrent, construction >100% equity |  |
| 2011-06 | 2 |  | leverage <7%, expense ratio p90 |
| 2011-09 | 2 |  |  |
| 2011-12 | 2 |  |  |
| 2012-03 | 2 |  |  |
| 2012-06 | 1 |  | construction >100% equity |
| 2012-09 | 1 |  |  |
| 2012-12 | 1 |  |  |
| 2013-03 | 3 | losing money, expense ratio p90 |  |
| 2013-06 | 1 |  | losing money, expense ratio p90 |
| 2013-09 | 1 |  |  |
| 2013-12 | 2 | capital falling |  |
| 2014-03 | 1 |  | capital falling |
| 2014-06 | 2 | charge-offs p90 |  |
| 2014-09 | 1 |  | charge-offs p90 |
| 2014-12 | 1 |  |  |
| 2015-03 | 2 | expense ratio p90 |  |
| 2015-06 | 1 | capital falling | reserve under noncurrent, expense ratio p90 |
| 2015-09 | 0 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2016-03-03 [Shore Bank to become Xenith after merger - DelmarvaNow.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxQU3YxQy12ZFVmaTVGM1djSS16Tk5mdW9ZSGVwR1FlVEVDNE5WVHVrVnItN3V5VEZ0SjNTMTRTOG5CX1pwSjVwcy1zaFBnTHZYU3pMWFlxSWNDWUJFNDhXOGxQU0g4QjFRUTR6V21CN042UEhLVXdadGIxWHFMLW5FS2JDUFh2X1ZSdjZmVWtHY2p5Zzk3eFFRcUs4STFHcTdGTGxENGRybEpKaU1uaHR6MHFn?oc=5) · DelmarvaNow.com
- 2026-03-23 [Lake Shore Bank staves off proxy war - Yahoo Finance](https://news.google.com/rss/articles/CBMilgFBVV95cUxPWjV2VklyYUJmY2JsQlctdTg4T2FoNEtLYnd5ekhpZ25QeHJBOTFOZnRYSkVvOWlpcWRPOXlDZDYwb0dRcmxYVm5RTUZYbExoUkRlNHRoVUc3bWE1X1ZUaENmYXIySWd1SHF2Z0JhMHdOY0JSTHZNSmhWSmtBUERmaVdYZnI4NjVmNmpjZ1VRblYtU2c2R0E?oc=5) · Yahoo Finance
- 2025-04-03 [Atlantic Union merges with Sandy Spring Bancorp - Shore Daily News](https://news.google.com/rss/articles/CBMiV0FVX3lxTE9acEd5U3J6NF96ODlSVkFXdHJkM3lFc3lTQ29CaXB1NGpRNDhzZ29HUGlLSzJJX29Bc29qbU1XZGwyQXNWWGMyaElQdHVNRkFPdDNwY1pxaw?oc=5) · Shore Daily News
- 2013-01-28 [James C. Johnson joins Shore Bank - Cape Gazette](https://news.google.com/rss/articles/CBMif0FVX3lxTFBkbUJEbklwN19pOWczQXNRMXk4YjJiSVBKek0xWE9sM202ZzZIelVod1ZpRGV3cnF5aW0xcV9XLVBzM3RqMjlnaUNRZ3pHRzZjMXd4dWhjSndJakU1cldqdFhoYlJiLV9TQnJDZjJFYkFOZXFlc0JaWksyLXphalU?oc=5) · Cape Gazette
- 2023-12-06 [Eastern Shore bank sells to Pennsylvania bank, ending years of uncertainty - The Business Journals](https://news.google.com/rss/articles/CBMingFBVV95cUxOSEctbXpZMERNdzc2UGF6SnZZbHl2ajBBWHZzTGJLcEVyYzU0S3U5UVRGY1RCekJ3SUNVT2tmMVllbkxiLUJyamFNSUxwRmQ1ZGFqMkVrZnJxU1F1NzRLT2hudjBsM2d6S1JaVDhVTF9yd2Y4bkl4RUNPWUttWk5tcHlCX05GZnlWQy05UHN4NDJORjgycUMxano1UWxTUQ?oc=5) · The Business Journals
- 2018-11-30 [*First Bank names new president, CEO - The Northern Virginia Daily](https://news.google.com/rss/articles/CBMiwgFBVV95cUxQRUV6bzJacXdmbTI3ajRqSkVyMDk4dXRNZFRiU1hyaUZvM0RIYlAtQmhBY0JrdmdUNm9RbEhXX2Rlb2tPdG90Y19rSUFkWUJyX3AybF91MExWZDF6c2hnS1BUNHpndUFsMHlLMXR3VTMyWkhybEtKNGlmYkxKSnYwNmtVeXZJUDJJc0hLdllSclZ1eTc0eUNXMVhiVXNDcHZZbWItWTFDZXFLZlR0dEk2djVydWN1Z1c2clJLN21JZXIwUQ?oc=5) · The Northern Virginia Daily
- 2013-03-18 [Bank+cites+TARP+to+avoid+paying+%E2%80%98golden+parachute%E2%80%99 - Virginia Lawyers Weekly](https://news.google.com/rss/articles/CBMikgFBVV95cUxQYnJDbmpwRUtVbHFwOWVGNWNEZ2xyR1JBeEtyME83ZzRWYVZ1WkZFOXVsTFhWYy1NM0RTaWo0UXlLMTE5NnU5UXpubm5yXzZ5QUtKS1prdkwxeWxQWGNreG8xeU1pdjZxWmRQT281TUFWeE5XTG5yS2xaLUdfZGRGNjVFbHdsR3lkZE5ZSFdqYXBrZw?oc=5) · Virginia Lawyers Weekly
- 2022-03-13 [BayCoast Mortgage Company Appoints Vincent Tirabassi as Senior Loan Officer - citybiz](https://news.google.com/rss/articles/CBMitAFBVV95cUxNeVE5Q25GTkF1NnQyRk5scHkwVmh3Q3FNM0pjS2lCZ2R3WjBNdTU2MERjQVBBWlR6RDRkTDBLZnoyRkVxcE1WR1hza0pEaHMyYldFNHRtc0dPUVVPTXNFTTBzc1hnUUhwX1ZPOE5kUzREZWFGSDZIUVpSZFYzb0xrQ2xRNlEtaUxnWGpDOTVCWjRzTDFPSjN2TUNkLWtUdllGUkdVcFNTOTFrdFcybzhUeFJreFA?oc=5) · citybiz

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=31294 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/62.json (key "31294", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide