First Shore Federal Savings and Loan Association
Salisbury, MD
IDRSSD: 59370
Total Assets
$358.95M
Latest filing
Total Deposits
$296.97M
Latest filing
Net Interest Margin
3.41%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
First Shore Federal Savings and Loan Association
106 S Division St
Salisbury, MD 21801
Full Service - Brick and Mortar
Updated 01/30/2026Established 12/18/1953FDIC Certificate 43514
Branches (6)
Page 1 of 1| Name | Address | City / State |
|---|---|---|
| First Shore Federal Savings and Loan Association (Main) | 106 S Division St | Salisbury, MD |
| CORNER OF MT HERMON BRANCH | 1116 Mount Hermon Rd | Salisbury, MD |
| 1315 MARKET ST BRANCH | 1315 Market St | Pocomoke City, MD |
| NORTH MAIN STREET BRANCH | 310 Franklin Ave | Berlin, MD |
| OCEAN PINES BRANCH | 11029 Racetrack Rd | Berlin, MD |
| ATLANTIC AVENUE BRANCH | 35742 Atlantic Avenue | Millville, DE |
| MILLSBORO BRANCH | 220 S Washington St | Millsboro, DE |
Showing 6 of 6
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Federal savings banks, federal charter, supervised by the OCC or (pre-2011) OTS |
| Primary Regulator | OCC |
| Established Date | 12/18/1953 |
| Community Bank | Yes |
| Ownership Type | Mutual |
| ZIP | 21801 |
| State and County Number | 24045 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 05 |
| Numeric code | 38 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | Salisbury, MD-DE |
Operational Info
| Number of Employees | 74 |
| Domestic Offices | 7 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 08/09/1989 |
| Primary Insurance Agency | DIF |
| Website | www.firstshorefederal.com |
| Data Updated | 01/30/2026 |
| CERT | 30680 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $358.95M |
| Total Deposits | $296.97M |
| Total Liabilities | $297.95M |
| Total Equity Capital | $61.00M |
| Net Income | $526.00k |
| Net Loans and Leases | $287.51M |
| Assets Per Employee ($Millions) | $4.92M |
| Bank Premises and Fixed Assets | $5.16M |
| Cash and Balances due from Depository Institutions | $31.09M |
| Deposits Held in Domestic Offices | $296.97M |
Key Performance Ratios
| Return on Assets (ROA) | 0.58% |
| Return on Equity (ROE) | 3.47% |
| Net Interest Margin | 3.41% |
| Efficiency Ratio | 84.93% |
| Tier 1 Risk-Based Capital Ratio | 26.444% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | -0.21% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 16.994% |
| Earning Assets to total Assets | 93.74% |
Income and Expense
| Total Interest Income | $4.73M |
| Total Noninterest Income | $229.00k |
| Total Interest Expense | $1.85M |
| Total Noninterest Expense | $2.64M |
| Net Interest Income | $2.88M |
| Pre-tax Net Operating Income | $659.00k |
| Provision for Credit Losses | $-191,000 |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $0 |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $974.00k |
| Total Liabilities and Capital | $358.95M |
Securities
| Securities | $19.21M |
| Available-for-sale debt securities | $18.04M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $1.14M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of First Shore Federal Savings and Loan Association?
$358.95M as of the latest filing.
How much are First Shore Federal Savings and Loan Association's total deposits?
$296.97M in total deposits.
Where is First Shore Federal Savings and Loan Association located?
Salisbury, MD.
What is the Net Interest Margin?
3.41%.
How many domestic offices does it operate?
7.
When was it established?
12/18/1953.
What is the Return on Assets (ROA)?
0.58%.
How much are total loans and leases?
$287.51M (latest filing).
What is the total interest income (latest filing)?
$4.73M.