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Shore Bancshares Q3 income $3.391 million

Christian Fernsby ▼ | October 23, 2020
Shore Bancshares reported income from continuing operations of $3.391 million for the third quarter of 2020 compared to income from continuing operations of $5.335 million for the second quarter of 2020, and income from continuing operations of $4.214 million for the third quarter of 2019.
Shore Bancshares
Shore Bancshares   Income from continuing operations was $3.391 million
When comparing net income from continuing operations for the third quarter of 2020 to the second quarter of 2020, net income decreased $1.9 million.

Topics: Shore Bancshares

Net interest income increased $252 thousand in the third quarter when compared to the second quarter, which was more than offset by an increase in provision for credit losses of $500 thousand and a decrease in noninterest income of $188 thousand.


 

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