Shore Bancshares (SHBI) elevates B. Scot Ebron as bank president while Burke stays CEO
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Shore Bancshares, Inc., parent of Shore United Bank, N.A., announced that the Bank’s Board of Directors has appointed B. Scot Ebron, age 57, as President of the Bank effective June 15, 2026. He was also appointed to the Bank’s Board of Directors.
Ebron has served as the Bank’s Chief Banking Officer since its combination with Community Bank of the Chesapeake in 2023, and previously held the same role at Community Bank of the Chesapeake. James M. Burke will continue as Chief Executive Officer of the Bank and as President and Chief Executive Officer of Shore Bancshares, providing continuity while Ebron focuses on executing the Bank’s strategic priorities.
Positive
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Negative
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
New president age: 57 years
Combination year: 2023
Latest 10-K year-end: December 31, 2025
3 metrics
New president age
57 years
Age of B. Scot Ebron at appointment as Bank President
Combination year
2023
Year of Bank’s combination with Community Bank of the Chesapeake
Latest 10-K year-end
December 31, 2025
Year-end referenced for key risk factors in filings
Key Terms
financial holding company, forward-looking statements, Private Securities Litigation Reform Act of 1995, trust and wealth management services
4 terms
financial holding company financial
"Shore Bancshares is a financial holding company headquartered in Easton, Maryland"
A financial holding company is a parent firm that owns and oversees banks and other financial businesses, such as lending, insurance, or investment services. It matters to investors because it bundles several money-making activities under one roof—like a parent managing several children—so returns, risks, and regulatory rules for banking apply to the whole group; trouble in one unit can affect the company’s profits, capital needs, and dividends.
forward-looking statements regulatory
"This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"within the meaning of the Private Securities Litigation Reform Act of 1995"
trust and wealth management services financial
"Shore Bancshares engages in trust and wealth management services through Wye Financial Partners"
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 15, 2026
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization) | (Commission file number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
(410 ) 763-7800
(Registrant’s telephone number, including area code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 15, 2026, the Board of Directors of Shore United Bank, N.A. (the “Bank”), the wholly-owned subsidiary of Shore Bancshares, Inc. (the “Company”), appointed B. Scot Ebron to the office of President of the Bank. Mr. Ebron, age 57, has served as the Bank’s Chief Banking Officer since July 1, 2023. Prior to that time, he served as Chief Banking Officer of The Community Financial Corporation. Mr. Ebron was also appointed to the Board of Directors of the Bank. James M. Burke will continue to serve as Chief Executive Officer of the Bank and President and Chief Executive Officer of the Company.
A copy of the Company’s press release announcing the appointment is attached hereto as Exhibit 99.1 and hereby incorporated by reference.
Item 9.01 Exhibits
Exhibit No. | Description | |||||||
99.1 | Press Release dated June 16, 2026 | |||||||
104 | Cover Page Interactive Data File (embedded within the inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SHORE BANCSHARES, INC. | |||||||||||
Dated: June 16, 2026 | By: | /s/ James M. Burke | |||||||||
James M. Burke | |||||||||||
President and Chief Executive Officer | |||||||||||
Exhibit 99.1
Shore Bancshares, Inc. Announces Appointment of B. Scot Ebron as Bank President
Easton, Maryland, June 16, 2026 – Shore Bancshares, Inc. (Nasdaq – SHBI), the parent company of Shore United Bank, N.A., announced today that the Bank’s Board of Directors has appointed B. Scot Ebron to the office of President of the Bank. Mr. Ebron was also appointed to the Board of Directors of the Bank. James M. Burke will continue in the role of Chief Executive Officer of the Bank and President and Chief Executive Officer of Shore Bancshares, Inc.
Mr. Ebron has served as the Bank’s Chief Banking Officer since the Bank’s combination with Community Bank of the Chesapeake in 2023. Prior to that time, he served as Chief Banking Officer of Community Bank of the Chesapeake.
“Scot and I have had the opportunity to work together for over three decades, and he is not only an exceptional banker but someone I trust deeply,” stated James (“Jimmy”) M. Burke, President and Chief Executive Officer of Shore Bancshares. “His leadership, experience, and strong relationships across our organization position him well to serve as President as we continue executing our strategic priorities.”
Shore Bancshares Information
Shore Bancshares is a financial holding company headquartered in Easton, Maryland and is the parent company of Shore United Bank, N.A. Shore Bancshares engages in trust and wealth management services through Wye Financial Partners, a division of Shore United Bank, N.A. Additional information is available at www.shorebancshares.com.
Forward-Looking Statements
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of Shore Bancshares, Inc.’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause Shore Bancshares, Inc.’s actual results to differ materially from those described in the forward-looking statements can be found in Shore Bancshares, Inc.’s Annual Report on Form 10-K for the year ended December 31, 2025, and in any subsequent filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and Shore Bancshares, Inc. undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.
For further information, contact: Charles S. Cullum, Executive Vice President, and Chief Financial Officer, (410) 260-2042
1
FAQ
What is B. Scot Ebron’s background before becoming Bank President at SHBI?
Before becoming Bank President, B. Scot Ebron served as Chief Banking Officer of Shore United Bank, N.A. since its combination with Community Bank of the Chesapeake in 2023. Previously, he was Chief Banking Officer at Community Bank of the Chesapeake, bringing extensive regional banking experience.
When did Shore United Bank’s board appoint B. Scot Ebron as President?
The Board of Directors of Shore United Bank, N.A. appointed B. Scot Ebron as President on June 15, 2026. Shore Bancshares disclosed the move in a current report and accompanying press release dated June 16, 2026, highlighting the Bank’s ongoing strategic execution.