Shore Community Bank announced earnings results for the fourth quarter and full year ended December 31, 2015. The company reported net income of $450,877, or $0.18 per diluted share for the three months ended December 31, 2015, compared to net income of $433,869, or $0.17 per diluted share, for the same period in 2014.

For the full year, the company reported a 20.5% increase in net income based on a reported net income of $1,301,410, or $0.52 per diluted share, for the year ended December 31, 2015, compared to $1,080,122, or $0.43 per diluted share, for the year ended December 31, 2014. Book value per share at December 31, 2015 was $9.99 compared to $9.62 at December 31, 2014.

Net loan charge-offs for the fourth quarter of 2015 totaled $21,102 compared to net loan recoveries of $373,558 in the fourth quarter of 2014.