Shore Bancshares in Easton, Md., has merged its two banks under a new brand.
The $1.1 billion-asset company said in a press release Friday that it had combined its $492 million-asset CNB in Centreville, Md., and the $615 million-asset Talbot Bank in Easton, Md., to create Shore United Bank.
The company plans to keep the employees at both banks' branches. Shore United will continue to operate a loan production office in Maryland and a wealth management office in Delaware.
The Federal Deposit Insurance Corp. and the Maryland Commissioner of Financial Regulation in May terminated a 2013 consent order against Talbot Bank.