Shore Bancshares SHBI Proceeds From Sale Of Foreclosed Assets
Proceeds From Sale Of Foreclosed Assets at other companies
Other financials
Where this comes from
Reported directly by Shore Bancshares in its filing.
Tagged under the XBRL concept us-gaap:ProceedsFromSaleOfForeclosedAssets.
The official record: Shore Bancshares’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Shore Bancshares's proceeds from sale of foreclosed assets?
- Shore Bancshares (SHBI) reported proceeds from sale of foreclosed assets of $82K in Q1 2026.
- How has Shore Bancshares's proceeds from sale of foreclosed assets changed year-over-year?
- Shore Bancshares's proceeds from sale of foreclosed assets decreased by 93.4% year-over-year, from $1.23M to $82K.
- What does proceeds from sale of foreclosed assets mean?
- This metric captures the total cash inflow from the liquidation of repossessed collateral, such as vehicles or equipment, that were seized due to loan defaults. It serves as a key indicator of the bank's recovery rate on non-performing loans. Effective management of these sales is critical for minimizing credit losses and maintaining capital strength.