Shore Bancshares in Easton, Md., has agreed to buy three branches around Baltimore from Northwest Bancshares in Warren, Pa.

The $1.2 billion-asset Shore said in a press release Tuesday that it will also gain $214 million in deposits, $152 million in performing loans and $40 million of cash. Shore said it will pay an 8% premium for the deposits. The deal is expected to close in the second quarter.

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