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Income Statement
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Common Size IS
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SHORE BANCSHARES INC (SHBI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   8-K8-K10-K10-K10-K10-K10-K/A10-K/A
    Interest income:  
        Interest income on loans  99.164.856.455.451.343.637.235.1
        Interest income on investments  11.55.03.03.64.34.03.23.6
       113.870.259.759.855.948.040.738.9
    Interest expense:  
        Interest on deposits  10.04.56.48.73.52.22.43.3
        Interest on borrowings  2.61.6    0.00.0
       12.56.07.19.65.32.32.43.3
Net interest income  101.364.152.650.150.645.738.235.5
Provision for loan losses  1.9-0.43.90.71.72.31.82.1
Net interest income after provision for loan losses  99.464.548.749.449.043.436.433.5
        Deposit and loan fees  5.73.4   3.63.52.9
        Gain on sale of investments, net    0.3  0.0  
        Other non-interest income  17.410.110.410.09.04.613.212.5
Total non-interest income  23.113.510.710.09.08.216.615.4
Non-interest expenses  80.356.838.437.636.833.637.137.4
Pre-tax income before non-recurring items  44.229.721.021.933.918.215.911.5
Non-recurring items  2.18.5  12.7   
Asset impairment       0.3  
Pre-tax income  42.121.221.021.921.118.015.911.5
Income taxes  11.05.85.35.65.48.76.34.4
            Tax rate  26.0%27.4%25.3%25.6%25.4%48.6%39.4%38.3%
Earnings from continuing ops  31.215.415.716.46.57.29.67.1
Earnings from discontinued ops    0.0-0.19.22.0  
Net income  31.215.415.716.315.89.29.67.1
            Net margin  25.5%19.7%26.5%27.4%27.2%17.9%18.2%14.5%
   
Basic EPS  $1.57$1.17$1.27$1.29$0.51$0.57$0.76$0.56
Diluted EPS  $1.57$1.17$1.27$1.29$0.51$0.57$0.76$0.56
   
Shares outstanding (basic)  19.813.112.412.712.712.712.712.7
Shares outstanding (diluted)  19.813.112.412.712.812.712.712.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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