Press Releases

Shore Community Bank Announces New Chairman

Posted on 4/26/2012 by in 2012

Toms River, NJ April 26, 2012 – Shore Community Bank (OTCBB:SHRC) announced today that the Board of Directors appointed Jerry Boisseau, Chairman of the Board of Directors and Howard Butensky, Vice Chairman. Mr. Boisseau and Mr. Butensky are both original founders and organizers of Shore Community Bank and have been members of the Board of Directors since 1996. Mr. Boisseau is a Certified Financial Planner and Owner/President of Amherst Financial Services, Inc….

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Shore Community Bank Announces Increased First Quarter Earnings

Posted on 4/20/2012 by in 2012

Toms River, New Jersey – April 30, 2012…Shore Community Bank (OTCBB:SHRC) today announced net income for the three months ended March 31, 2012 of $214,162, or 12 cents per diluted share, compared to net income of $116,696, or 6 cents per diluted share, reported for the first quarter of 2011, an increase of $97,466, or 83.5 percent. Earnings per share for all reported periods have been adjusted for the 5% stock dividend…

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Shore Community Bank Announces 5% Stock Dividend

Posted on 4/17/2012 by in 2012

Toms River, N.J., April 17, 2012…Shore Community Bank (OTC Bulletin Board: SHRC) announced that the Board of Directors approved a 5% stock dividend. The dividend will be payable on May 17, 2012 to shareholders of record as of April 30, 2012. The dividend will increase the number of outstanding shares of the Bank by approximately 85,379 shares. This stock dividend will be the tenth stock dividend paid to shareholders since the Bank’s…

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Shore Community Bank Reports Fourth Quarter and Full Year 2011 Results

Posted on 1/31/2012 by in 2012

Toms River, N.J., January 31, 2012…Shore Community Bank (OTC Bulletin Board: SHRC) today reported net income for the three months ended December 31, 2011 increased 36.6 percent to $234,683, or $0.14 per diluted share, compared to net income of $171,737, or $0.10 per diluted share, for the same period in 2010. For the year ended December 31, 2011, Shore Community Bank reported net income of $762,384, or $0.44 per diluted share, compared…

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Shore Community Bank Announces New Director

Posted on 1/30/2012 by in 2012

TOMS RIVER, NJ, January 30, 2012 (OTCBB: SHRC) – The Board of Directors of Shore Community Bank today announced it has appointed Raymond R. Ciccone to serve on the Bank’s Board of Directors. Mr. Ciccone is a Certified Public Accountant and a principal in the firm of Ciccone, Gotthold & Koseff, CPAs. Founded in 1988, Ciccone, Gotthold & Koseff, CPAs is a full-service accounting firm with emphasis on tax services and financial…

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Shore Community Bank Announces Third Quarter and Year-to-Date 2011 Results

Posted on 10/27/2011 by in 2011

Toms River, N.J., October 27, 2011…Shore Community Bank (OTC Bulletin Board: SHRC) (the “Bank”) today reported net income of $206,193 or $0.12 per diluted share for the quarter ended September 30, 2011, compared to net income of $212,860, or $0.12 per diluted share for the three months ended September 30, 2010, representing a decline in net income of $6,667, or 3.13 percent. For the nine months ended September 30, 2011, the Bank…

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Shore Community Bank Announces Second Quarter and Year-To-Date 2011 Results

Posted on 8/2/2011 by in 2011

Toms River, N.J., August 02, 2011…Shore Community Bank (OTC Bulletin Board: SHRC) (the “Bank”) today reported net income of $204,810 or $0.12 per basic and diluted share for the quarter ended June 30, 2011, compared to net income of $208,032, or $0.12 per basic and diluted share for the quarter ended June 30, 2010, representing a decline of 1.5 percent in net income. For the six months ended June 30, 2011, the…

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Shore Community Bank Announces Increased First Quarter Earnings

Posted on 4/27/2011 by in 2011

Toms River, New Jersey – April 27, 2011…Shore Community Bank (OTCBB:SHRC) today announced net income for the three months ended March 31, 2011 increased 41.8 percent to $116,696, compared to net income of $82,285 reported for the first quarter of 2010. Basic and diluted net income per share for the three months ended March 31, 2011, were 7 cents as compared to a net income per share, basic and diluted, of 5…

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Press Releases

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