The president and chief executive of Talbot Bank of Easton, Md., will step down at yearend and an insider will take over.

William W. Duncan, who has served in those roles since 2006, will retire Dec. 31, the $709 million-asset bank said Wednesday. Patrick M. Bilbrough, an executive vice president, will succeed Duncan. Talbot is a unit of Shore Bancshares (SHBI).

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