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Scott Harvard, CEO of Shore Financial Corporation, presides over the opening bell. |
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Scott Harvard, CEO of Shore Financial Corporation, presides over the opening bell. |
Scott Harvard, CEO of Shore Financial Corporation, presides over the opening bell.
Tuesday August 7, 2007
from Nasdaq MarketSite
in New York's Times Square
Shore Financial Corporation
[SHBK] |
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Archived MarketSite Events | Summary Quote
Scott Harvard, CEO of Shore Financial Corporation, presides over the opening bell.
Shore Financial Corporation (the "Company") is a Virginia corporation organized in September 1997 by Shore Bank (the "Bank") for the purpose of becoming a unitary holding company of the Bank. The Bank is a Virginia chartered Federal Reserve member commercial bank that began business in 1961. The Company and the Bank are headquartered in Onley, Virginia.
The Bank operates out of a 19,000 square foot headquarters and operations facility and delivers its banking services through seven full-service banking centers and two investment offices located on the Eastern Shore of Virginia and Maryland, including the counties of Accomack and Northampton in Virginia and Salisbury/Wicomico County area in Maryland. The Bank has a 24.1% market share of the banking deposits in the Accomack and Northampton Counties in Virginia and 3.2% of the market share in Wicomico County Maryland. At June 30, 2007, the Company had consolidated assets of $263.5 million, Bank deposits of $203.8 million and stockholders' equity of $26.7 million. Ninety-eight dedicated employees staff the Company's facilities.
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