ADVISORY, Aug. 6, 2007 (PRIME NEWSWIRE) --
What: Scott Harvard, CEO of Shore Financial Corporation (SHBK) will preside over the opening bell. Where: NASDAQ MarketSite -- 4 Times Square -- 43rd & Broadway -- Broadcast Studio When: Tuesday August 7, 2007 at 9:30 a.m. ET Contacts: Lynn Badger 757-787-1335 lbadger@shorebank.com NASDAQ MarketSite: Silvia Davi; 646.441.5014
Feed Information:
The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Silvia Davi at (646) 441-5014.
Photos:
To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.
About Shore Financial Corporation (SHBK):
Shore Financial Corporation (the "Company") is a Virginia corporation organized in September 1997 by Shore Bank (the "Bank") for the purpose of becoming a unitary holding company of the Bank. The Bank is a Virginia chartered Federal Reserve member commercial bank that began business in 1961. The Company and the Bank are headquartered in Onley, Virginia.
The Bank operates out of a 19,000 square foot headquarters and operations facility and delivers its banking services through seven full-service banking centers and two investment offices located on the Eastern Shore of Virginia and Maryland, including the counties of Accomack and Northampton in Virginia and Salisbury/Wicomico County area in Maryland. The Bank has a 24.1% market share of the banking deposits in the Accomack and Northampton Counties in Virginia and 3.2% of the market share in Wicomico County Maryland. At June 30, 2007, the Company had consolidated assets of $263.5 million, Bank deposits of $203.8 million and stockholders' equity of $26.7 million. Ninety-eight dedicated employees staff the Company's facilities.