Press Releases

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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Shore Community Bank Announces First Quarter Earnings & Branch Approval

Posted on 4/18/2005 by in 2005

Toms River, New Jersey – April 18, 2005…Shore Community Bank (OTCBB:SHRC) today reported net income of $197,977 for the first quarter of 2005, up 41.2 percent from first quarter 2004 net income of $140,158. On a diluted basis, earnings per share for the first quarter were 16 cents compared to 12 cents for the first quarter of 2004. First quarter performance for 2005 indicated steady growth in assets, deposits and loans. Theodore…

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Shore Community Bank Announces Fourth Quarter and Full Year 2004 Earnings

Posted on 1/31/2005 by in 2005

Toms River, New Jersey – January 31, 2005…Shore Community Bank (OTCBB:SHRC) today reported net income of $278,671 for the fourth quarter of 2004, a 25.8 percent increase compared to net income of $221,477 reported for the fourth quarter 2003. On a diluted basis, earnings per share for the fourth quarter of 2004 were 23 cents compared to 19 cents for the fourth quarter of 2003. The Bank also reported net income of…

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Shore Community Bank Announces 10% Stock Dividend

Posted on 11/1/2004 by in 2004

Toms River, New Jersey…November 1, 2004. The Board of Directors of Shore Community Bank (OTCBB: SHRC), declared a 10% stock dividend payable November 26, 2004 to shareholders of record November 15, 2004. A public auction of the fractional shares will be held on Tuesday, November 30, 2004, 10:00 a.m. at the Bank’s Main Office located at 1216 Route 37, Toms River, New Jersey. This is the sixth consecutive stock dividend paid to…

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Press Releases

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