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Severn Bancorp, Inc. 2013 Annual ReportMarch 25, 2014Dear Severn Bancorp, Inc. Shareholders: The year of 2013 was one of resolution and renewal. Net loss was $25,165,000, or $(2.64) per share for
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Shore Bancshares Inc. is a bank holding company based in the United States that provides various banking and financial services primarily through its subsidiary banks.
Entities that are publicly traded or meet certain regulatory thresholds are required to file reports concerning Shore Bancshares Inc., including institutional investors and the organization itself.
Filling out the forms related to Shore Bancshares Inc. typically involves providing financial information, disclosures about the organization, and following the specific guidelines set by regulatory authorities.
The purpose of Shore Bancshares Inc. is to operate as a holding company for its banking subsidiaries, facilitating the provision of a broader range of financial services to its customers.
The information that must be reported includes financial statements, management discussion, changes in ownership, and material events affecting the company.
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