First Shore Federal Savings and Loan Association
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Data as of · sourced from FFIEC call reports. How we update
First Shore Federal Savings and Loan Association is an FDIC-insured savings institution headquartered in Salisbury, MD, established in 1953 (FDIC certificate 30680), and it is supervised by the OCC. At Q2 2026 it reported total assets of $366.5M, up 0.2% from Q2 2025, the 22nd largest of 27 banks headquartered in Maryland. Its CET1 capital ratio was 27.67% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Savings institution
- Regulator
- OCC
- Deposit insurance
- FDIC
- FDIC certificate
- 30680
- Headquarters
- Salisbury, MD
- Established
- 1953
- Total assets, Q2 2026
- $366.5M
- Assets vs Q2 2025
- +0.2%
- CET1 ratio, Q2 2026
- 27.67%
- Domestic offices
- 7 FDIC institution directory, current count
- Routing number
- 252172485
- Latest call report
- Q2 2026, FFIEC 051 · First Shore Federal Savings and Loan Association Q3 2026 call report, filed October 27, 2026 (preliminary)
- Asset rank in state
- 22nd of 27 in Maryland
Problem loans are rising at First Shore Federal Savings and Loan Association. Based in Salisbury, Maryland, it had $367 million in assets at June 30, 2026. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 0.82% of loans from 0.38% a year earlier. It holds common equity equal to 27.67% of its risk-weighted assets, about double the median of 15.11% for the 2,627 banks with $100 million to $1 billion in assets. On the other hand, it returns 5.3% a year on shareholders' equity, about half the median of 12.6% for banks its size.
Earnings jumped: net income for the quarter was $827,000, 73% above the same quarter a year earlier. Its margin is thin by comparison: it keeps 3.45 cents of net interest income on every dollar of earning assets, lower than about three-quarters of banks its size (median 3.96 cents).
As of June 30, 2026, First Shore Federal Savings and Loan Association reported a CET1 capital ratio of 27.67%, a return on assets of 0.91%, a nonperforming-loan ratio of 0.82% and a Texas ratio of 3.75%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, First Shore Federal Savings and Loan Association is the 22nd largest of the 27 banks headquartered in Maryland. From Q1 2026 to Q2 2026, its total assets rose 1.4% to $366.5M, loans fell 0.8% and deposits rose 1.4%. 1-4 family residential loans made up 64.7% of its total loans on June 30, 2026, its largest category; next came other consumer loans at 18.0%. The FDIC Summary of Deposits lists 7 offices for it, in 5 cities across 2 states; its Salisbury 2 offices book 54% of its branch deposits. On its Q2 2026 call report, First Shore Federal Savings and Loan Association meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 106 S Division St, Salisbury, MD 21801
- County
- Wicomico
- Metro Area
- Salisbury, MD
- Charter
- Federal savings bank, federal charter, OCC-supervised (pre-2011 OTS)
- Primary Regulator
- OCC
- FDIC Region
- New York (Region 2)
- Federal Reserve member
- —
- Federal Reserve district
- District 5, Richmond
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 051
- Established
- December 18, 1953
- Domestic offices
- 7 FDIC institution directory, current count
- Employees (FTE)
- 72
- Domestic deposits
- $303.4M
- Allowance for credit losses
- $3.7M
- Net charge-offs (YTD)
- $7K
- Average total assets
- $362.6M
- Average total loans
- $288.8M
- Average interest-bearing deposits
- $279.0M
- Tax status
- C corporation
- Ownership
- Mutual
- Community bank
- Yes
- FDIC-insured since
- August 9, 1989
- FDIC Cert
- 30680
- Fed RSSD
- 59370
- Website
- www.firstshorefederal.com →
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, First Shore Federal Savings and Loan Association's total assets ranged from $336.8M (Q3 2023) to $369.8M (Q1 2025), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$366.5M total assets against $365.8M; $304.3M total liabilities against $306.1M.
$283.4M net loans and leases against $282.8M; $303.4M total deposits against $301.4M.
$19.8M securities against $22.6M; $41.8M cash and balances due against $39.0M.
$4.8M total interest income against $4.7M; $1.8M total interest expense against $1.9M.
$3.0M net interest income against $2.8M.
$133K total noninterest income against $215K; $2.2M total noninterest expense against $2.3M.
-$104K provision for credit losses against $78K.
$827K net income against $479K.
0.91% return on assets against 0.52%; 3.45% net interest margin against 3.23%.
27.67% CET1 capital ratio against 26.04%; 17.39% tier 1 leverage ratio against 16.48%.
Inside the full First Shore Federal Savings and Loan Association terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeFirst Shore Federal Savings and Loan Association rankings
Its closest position to the top of a national ranking is 109 of 2,134, for CET1 ratio; its furthest is 2,713 of 3,606, for efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 0.37% (Q4 2024) to 0.91% (Q2 2026) and its net interest margin ran from 3.06% (Q3 2024) to 3.95% (Q4 2025).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 27.67% | 0.91% | 0.82% | 3.75% | 3.45% |
| Q1 2026 | 27.43% | 0.64% | 0.50% | 2.42% | 3.38% |
| Q4 2025 | 26.42% | 0.52% | 0.47% | 2.13% | 3.95% |
| Q3 2025 | 25.79% | 0.59% | 0.52% | 2.37% | 3.39% |
| Q2 2025 | 26.04% | 0.52% | 0.38% | 1.71% | 3.23% |
| Q1 2025 | 26.08% | 0.52% | 0.38% | 1.74% | 3.09% |
| Q4 2024 | 25.96% | 0.37% | 0.37% | 1.67% | 3.13% |
| Q3 2024 | 26.08% | 0.70% | 0.38% | 1.72% | 3.06% |
Swipe the table sideways to see every column.
Branch Network
View all 7 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Corner of Mt Hermon Branch | Salisbury , MD | 21804 | $119.1M |
| 1315 Market St Branch | Pocomoke City , MD | 21851 | $61.1M |
| First Shore Federal Savings and Loan Association (main office) | Salisbury , MD | 21801 | $43.3M |
| Ocean Pines Branch | Berlin , MD | 21811 | $37.3M |
| North Main Street Branch | Berlin , MD | 21811 | $21.3M |
| Atlantic Avenue Branch | Millville , DE | 19967 | $15.0M |
| Millsboro Branch | Millsboro , DE | 19966 | $6.3M |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 0.1% of deposits in MD, rank 39 of 69 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about First Shore Federal Savings and Loan Association
What are First Shore Federal Savings and Loan Association's total assets?
As of the Q2 2026 filing, First Shore Federal Savings and Loan Association reported total assets of $366.5 million in its FFIEC call report.
Where is First Shore Federal Savings and Loan Association headquartered?
It is headquartered in Salisbury, MD, United States.
When was First Shore Federal Savings and Loan Association founded?
It was established in 1953, per the FDIC institution directory.
Is First Shore Federal Savings and Loan Association FDIC-insured?
Yes. It is an FDIC-insured savings institution (FDIC Certificate #30680). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates First Shore Federal Savings and Loan Association?
First Shore Federal Savings and Loan Association's primary federal regulator is the OCC.
What is First Shore Federal Savings and Loan Association's CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 27.67% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does First Shore Federal Savings and Loan Association operate?
It operates 7 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is First Shore Federal Savings and Loan Association's Texas Ratio?
Its Texas Ratio is 3.75% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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