Item 8.01. Other Events.

On March 7, 2023, Shore Bancshares, Inc. (the "Company") issued a joint press release with The Community Financial Corporation ("TCFC") announcing that the Company and TCFC received regulatory approvals from the Office of the Comptroller of the Currency and the Maryland Office of the Commissioner of Financial Regulation for TCFC's banking subsidiary, the Community Bank of the Chesapeake, to be merged with and into the Company's banking subsidiary, Shore United Bank, N.A., on the terms and subject to the conditions of the Agreement and Plan of Merger, dated as of December 14, 2022, by and between the Company and TCFC. In addition, the Company and TCFC announced that the Board of Governors of the Federal Reserve System granted the Company and TCFC a waiver of its merger application requirements. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits



    99.1     Press Release, dated March 7, 2023.




       104    Cover Page Interactive Data File (embedded within the Inline XBRL
              document).

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