Shore Bancshares (SHBI) risk factors
Item 1A of every Shore Bancshares Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors54 risks27 new11 dropped20 reworded
Shore Bancshares faces heavy geographic and real estate lending concentrations in Maryland, Delaware, and Virginia. Commercial real estate loans total 2.64 billion dollars, representing 53.95 percent of the total portfolio. Rising interest rates, inflation, and federal government spending cuts pose significant earnings risks.
Filed Mar 02, 2026 - FY2024 10-K risk factors38 risks
Shore Bancshares faces heightened risks from regional real estate lending concentration in Maryland, Delaware, and Virginia. The bank provides banking services to state-licensed cannabis businesses despite federal illegality. Prior material weaknesses in internal controls and cybersecurity threats from new technologies and AI pose significant operational challenges.
Filed Mar 10, 2025