Press Releases

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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Shore Community Bank Announces Commencement of Additional Common Stock Offering

Posted on 5/24/2005 by in 2005

Toms River, New Jersey, May 24, 2005 – Shore Community Bank (OTCBB: SHRC), has previously announced that it was planning to raise additional capital through the sale of additional shares of its Common Stock. Today, officers of the Bank announced that the Bank has commenced the stock offering and has mailed a prospectus for the offering, dated May 24, 2005, to the Bank’s shareholders of record as of April 25, 2005. The…

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Shore Community Bank Announces Plans for Secondary Common Stock Offering

Posted on 4/20/2005 by in 2005

Toms River, New Jersey, April 20, 2005 – Shore Community Bank (OTCBB: SHRC) announced that it is planning to raise additional capital through the sale of additional shares of its Common Stock. The Bank will offer for sale, on a best efforts basis, 230,000 shares of Common Stock, with the option to sell an additional 50,000 shares to cover over-allotments, if any. The offering will be made for approximately 30 days to…

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Press Releases

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