Shore United Bank, National Association
Easton, Maryland, Talbot County
$6.1B in total assets, the 253rd largest of 4,309 US banks and 3rd of 27 headquartered in Maryland.
- FDIC certificate
- 4832
- Established
- 1876
- Owned by
- Shore Bancshares Inc
- Primary regulator
- OCC
- Website
- shoreunitedbank.com
At a glance
Compared with 9 banks headquartered in Maryland with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $6.1B | 78% | $2.1B | |
| Loans | $4.9B | 78% | $1.6B | |
| Deposits | $5.4B | 78% | $1.7B | |
| Return on assets | 1.20% | 56% | 1.19% | |
| Net interest margin | 3.77% | 44% | 3.78% | |
| Efficiency ratio | 53.0% | 22% | 61.0% | |
| Equity to assets | 10.98% | 56% | 10.63% | |
| Loans to deposits | 90% | 78% | 87% |
Growth
Total assets grew 23.7% a year over the last 5 years and 28.5% a year over 10 years, including 3 acquisitions in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Jul 2023 | Community Bank of the Chesapeake Waldorf, MD | $2.5B |
| Oct 2021 | SEVERN SAVINGS BANK, FSB DBA SEVERN BANK Annapolis, MD | $1.1B |
| Jul 2016 | The Talbot Bank of Easton, Maryland Easton, MD, an affiliate under the same holding company | $602M |
| Jan 2011 | The Felton Bank Felton, DE, an affiliate under the same holding company | $81M |
| Apr 1997 | Kent Savings and Loan Association, FA Chestertown, MD | $24M |
Where they operate
40 branches in 16 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Talbot County, MD | $1.1B | 53.3% | 1 of 8 |
| Anne Arundel County, MD | $795M | 5.2% | 7 of 25 |
| Charles County, MD | $698M | 23.5% | 1 of 8 |
| Calvert County, MD | $567M | 26.0% | 1 of 7 |
| St. Mary's County, MD | $539M | 26.6% | 2 of 7 |
| Queen Anne's County, MD | $527M | 31.8% | 1 of 7 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 28 branches since 2016 (12 to 40, +233.3%). 8 opened, 23 acquired, 3 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 12 | |||
| 2016 | Acquired The Talbot Bank of Easton, MarylandOpened Centreville | 5 | 0 | +5 | 17 |
| 2017 | Opened 4 in 2 states | 4 | 0 | +4 | 21 |
| 2020 | Opened Ocean City | 1 | 0 | +1 | 22 |
| 2021 | Acquired SEVERN SAVINGS BANK, FSB DBA SEVERN BANK | 7 | 0 | +7 | 29 |
| 2022 | Opened Ocean City and Rehoboth | 2 | 0 | +2 | 31 |
| 2023 | Acquired Community Bank of the ChesapeakeClosed Grasonville | 12 | 1 | +11 | 42 |
| 2024 | Closed Annapolis and Onley | 0 | 2 | −2 | 40 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Commercial real estate | 46% | 39% | |
| 1-4 family residential | 31% | 26% | |
| Construction and land | 7% | 8% | |
| Multifamily | 5% | 5% | |
| Consumer | 5% | 2% | |
| Business (C&I) | 4% | 14% | |
| Farmland | 1% | 1% | |
| Other | 0% | 5% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 47% | 56% | |
| Noninterest-bearing | 30% | 17% | |
| Time deposits | 23% | 27% |
Brokered deposits are 4.4% of deposits (peers 9.8%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 1.32% | 1.46% |
| Net charge-offs, annualized | 0.04% | 0.09% |
| Reserves to loans | 1.20% | 1.03% |
| Leverage ratio | 10.00% | 11.29% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Maryland
Largest competitors in Talbot County, MD
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/shore-united