Press Releases

Shore Community Bank Reports Fourth Quarter and Full Year Results for 2008

Posted on 2/6/2009 by in 2009

Toms River, New Jersey – February 06, 2009 Shore Community Bank (OTCBB:SHRC) today reported net income of $91,154 for the three months ended December 31, 2008, as compared to a net loss of $16,176 for the same period in 2007. Basic and diluted net income per share for the three months ended December 31, 2008, were 5 cents as compared to a net loss per share, basic and diluted, of 1 cent…

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Shore Community Bank Announces Second Quarter Earnings

Posted on 7/18/2008 by in 2008

Toms River, New Jersey – July 18, 2008…Shore Community Bank (OTC Bulletin Board: SHRC) today reported a net loss of $215,113 for the second quarter of 2008, compared to net income of $166,284 reported in the second quarter of 2007. On a diluted basis, the net loss per share for the second quarter of 2008 was 13 cents compared to net income per share of 10 cents for the second quarter of…

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Shore Community Bank Announces First Quarter 2008 Earnings

Posted on 4/16/2008 by in 2008

Toms River, New Jersey – April 16, 2008…Shore Community Bank (OTCBB:SHRC) today reported net income of $49,155 for the first quarter of 2008, a 66.4 percent decrease in earnings compared to net income of $146,217 reported for the first quarter of 2007. On a diluted basis, earnings per share for the first quarter of 2008 were 3 cents compared to 9 cents for the first quarter of 2007. Theodore D. Bessler, President…

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Shore Community Bank Announces Stock Dividend

Posted on 2/8/2008 by in 2008

Toms River, New Jersey…February 8, 2008. The Board of Directors of Shore Community Bank (OTCBB: SHRC), declared a 3% stock dividend payable March 10, 2008 to shareholders of record on February 25, 2008. A public auction of the fractional shares will be held on Monday, March 10, 2008, 10:00 a.m. at the Bank’s Corporate Headquarters located at 1012 Hooper Avenue, Toms River, New Jersey. This is the ninth stock dividend paid to…

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Shore Community Bank Announces Fourth Quarter and Full Year 2007 Earnings

Posted on 2/5/2008 by in 2008

Toms River, New Jersey – February 5, 2008 Shore Community Bank (OTCBB:SHRC) today reported a net loss of $16,176 for the fourth quarter of 2007, compared to net income of $289,417 for the fourth quarter of 2006. On a diluted basis, the net loss per share for the fourth quarter of 2007 was .01 cent compared to net income per share of 17 cents for the fourth quarter of 2006. The Bank…

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Shore Community Bank Creates Jackson Community Board

Posted on 11/21/2007 by in 2007

Jackson, New Jersey – November 21, 2007…Shore Community Bank created a Jackson Community Board comprised of residents and professional business owners within the Jackson and Lakewood communities. Theodore Bessler, President and CEO stated, “This active board will strengthen the bank’s ties to each segment of the community. Members will be responsible to broaden the bank’s base of business within our trade area. Our Jackson Board will recommend and approve all loan requests…

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Shore Community Bank Announces Third Quarter Earning 2007

Posted on 10/18/2007 by in 2007

Toms River, New Jersey – October 18, 2007…Shore Community Bank (OTCBB:SHRC) today reported net income of $133,227 for the third quarter of 2007, a 53.0 percent decline in earnings compared to $283,503 reported in the third quarter of 2006. On a diluted basis, earnings per share for the third quarter of 2007 were 8 cents, compared to 17 cents recorded for the third quarter of 2006. The Bank also reported net income…

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Shore Community Bank Announces Second Quarter Earnings 2007

Posted on 7/26/2007 by in 2007

Toms River, New Jersey – July 26, 2007…Shore Community Bank (OTC Bulletin Board: SHRC) today reported net income of $166,284 for the second quarter of 2007, a 44.5 percent decline in earnings from the $299,753 reported in the second quarter of 2006. On a diluted basis, earnings per share for the second quarter of 2007 were 10 cents compared to 18 cents for the second quarter of 2006. The Bank also reported…

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