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Shore Bancshares Reports First Quarter 2021 Financial Results News provided by Share this article Share this article EASTON, Md., April 29, 2021 /PRNewswire/  Shore Bancshares, Inc. (NASDAQ - SHBI) (the Company ) reported net income of $3.998 million or $0.34 per diluted common share for the first quarter of 2021, compared to net income of $3.886 million or $0.32 per diluted common share for the fourth quarter of 2020, and net income of $3.118 million or $0.25 per diluted common share for the first quarter of 2020. On March 3, 2021, the Company and Severn Bancorp, Inc. ( Severn ) announced that they had entered into a merger agreement pursuant to which Severn will be merged with and into the Company. The Company anticipates that future quarters will be impacted by the recognition of additional merger-related expenses.   

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