Press Releases

Shore Community Bank Announces First Quarter Earnings 2006

Posted on 4/19/2006 by in 2006

Toms River, New Jersey – April 19, 2006…Shore Community Bank (OTCBB:SHRC) today reported net income of $270,519 for the first quarter of 2006, a 36.6 percent increase compared to net income of $197,977 reported for the first quarter of 2005. On a diluted basis, earnings per share for the first quarter of 2006 were 17 cents compared to 15 cents for the first quarter of 2005. Theodore D. Bessler, President and Chief…

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Shore Community Bank Announces Fourth Quarter & Full Year 2005 Earnings

Posted on 1/31/2006 by in 2006

Toms River, New Jersey – January 31, 2006…Shore Community Bank (OTCBB:SHRC) today reported net income of $310,736 for the fourth quarter of 2005, an 11.5 percent increase compared to net income of $278,671 reported for the fourth quarter of 2004. On a diluted basis, earnings per share for the fourth quarter of 2005 were 20 cents compared to 22 cents for the fourth quarter of 2004. The Bank also reported net income…

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Shore Community Bank Announces Stock Dividend

Posted on 12/5/2005 by in 2005

Toms River, New Jersey…December 15, 2005. The Board of Directors of Shore Community Bank (OTCBB: SHRC), declared a 5% stock dividend payable January 27, 2006 to shareholders of record on January 16, 2006. A public auction of the fractional shares will be held on Monday, January 30, 2006, 10:00 a.m. at the Bank’s Corporate Headquarters located at 1012 Hooper Avenue, Toms River, New Jersey. This is the seventh stock dividend paid to…

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Shore Community Bank Announces Third Quarter Earnings

Posted on 10/21/2005 by in 2005

Toms River, New Jersey – October 21, 2005…Shore Community Bank (OTCBB:SHRC) today reported net income of $262,922 for the third quarter of 2005, an 11.2 percent increase in earnings compared to $236,426 reported in the third quarter of 2004. On a diluted basis, earnings per share for the third quarter of 2005 were 19 cents compared to 20 cents for the third quarter of 2004. The Bank also reported net income of…

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Shore Community Bank Announces Branch Expansion Plans

Posted on 8/31/2005 by in 2005

Toms River, New Jersey – August 31, 2005…Shore Community Bank (OTCBB:SHRC) reported today that it has received regulatory approval from the New Jersey Department of Banking and Insurance and the FDIC to establish a branch office at the northwest corner of the intersection of Route 72 and Jennings Road in Manahawkin, Stafford Township, Ocean County. This approval is in addition to approvals previously received by the Bank for the additional branch office…

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Shore Community Bank Announces Successful Completion of Secondary Stock Offering

Posted on 7/26/2005 by in 2005

Toms River, N.J., July 26 /PRNewswire-FirstCall/ – Shore Community Bank (OTC Bulletin Board: SHRC – News) announced today that it has completed the sale of 280,000 shares of its common stock in a secondary offering at a price of $21.00 per share. The Bank will realize approximately $5.84 million in net proceeds from such offering. The Bank previously announced, on May 24, 2005, that it was offering for sale up to 230,000…

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Shore Community Bank Announces Second Quarter Earnings

Posted on 7/15/2005 by in 2005

Toms River, New Jersey – July 15, 2005…Shore Community Bank (OTCBB:SHRC) today reported net income of $255,867 for the second quarter of 2005, a 31.2 percent increase in earnings over the $195,033 reported in the second quarter of 2004. On a diluted basis, earnings per share for the second quarter of 2005 were 21 cents compared to 16 cents for the second quarter of 2004. The Bank also reported net income of…

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Shore Community Bank Completes Offering To Stockholders, Commences Public Offering

Posted on 6/29/2005 by in 2005

Toms River, New Jersey, June 29, 2005 – Shore Community Bank (OTCBB: SHRC), announced that, as of the close of business on June 24, 2005, it had received subscriptions for the purchase of approximately 202,973 shares of common stock from its existing shareholders, at a price of $21.00 per share. The Bank previously announced, on May 24, 2005, that it was offering, to its stockholders of record as of April 25, 2005,…

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Press Releases

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