EASTON, Md. (AP) — EASTON, Md. (AP) — Shore Bancshares Inc. (SHBI) on Thursday reported net income of $17.1 million in its first quarter.

The Easton, Maryland-based bank said it had earnings of 51 cents per share. Earnings, adjusted for amortization costs, were 55 cents per share.

The bank holding company posted revenue of $85.6 million in the period. Its revenue net of interest expense was $59.8 million, beating Street forecasts.

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