Shore Bancshares is the holding company for Shore United Bank, a community bank serving individuals and businesses across Maryland, Delaware, and Virginia, with roots on the Eastern Shore of Maryland dating to 1876. Shore United operates 40 full-service branches and makes money primarily through net interest income — the spread between interest earned on loans and interest paid on deposits. The loan portfolio is anchored by commercial real estate, with residential mortgage, construction, commercial and industrial, and consumer loans rounding out the mix. On the deposit side, Shore United offers checking, savings, money market accounts, and CDs, and uses tools like CDARS and ICS to retain large depositors without relying on more expensive brokered deposits. Beyond core lending, Shore United generates fee income through mortgage banking, wealth management and trust services via its Wye Trust division, and investment and insurance services through Wye Financial Partners in partnership with LPL Financial. The bank also serves licensed cannabis businesses — growers, processors, and dispensaries — a niche that larger banks have historically avoided due to compliance complexity, giving Shore United a differentiated deposit and fee opportunity. Shore Bancshares grew materially through its 2023 acquisition of The Community Financial Corporation, which added roughly $2.4B in assets and expanded the bank's footprint into Southern Maryland and the Fredericksburg, Virginia area. The company's stated growth strategy is to expand within and contiguous to its existing Mid-Atlantic footprint.