SHORE BANCSHARES INC

Ticker: SHBI CUSIP: 825107105 Class: Common Stock

Elizabeth Park Capital Advisors, Ltd.'s Holding History (CIK: 0001600583)

Note: Option positions (PUT/CALL) are excluded.

Q3 2016

Shares 73,558 Value ($000) $867 Avg Close $11.70 Range $11.07 - $12.17

Q2 2016

Shares 260,301 Value ($000) $3,059 Avg Close $11.63 Range $10.23 - $12.50

Q1 2016

Shares 295,830 Value ($000) $3,544 Avg Close $11.35 Range $10.36 - $12.59

Q4 2015

Shares 295,730 Value ($000) $3,218 Avg Close $10.16 Range $9.32 - $11.00

Q3 2015

Shares 295,730 Value ($000) $2,975 Avg Close $9.48 Range $9.13 - $9.85

Q2 2015

Shares 291,930 Value ($000) $2,752 Avg Close $9.33 Range $9.01 - $9.94

Q1 2015

Shares 251,286 Value ($000) $2,307 Avg Close $9.24 Range $8.51 - $9.54

Q4 2014

Shares 241,386 Value ($000) $2,254 Avg Close $9.24 Range $8.87 - $9.78

Q3 2014

Shares 105,586 Value ($000) $950 Avg Close $8.94 Range $8.61 - $9.25

Q2 2014

Shares 75,000 Value ($000) $675 Avg Close $9.34 Range $8.57 - $10.49

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	73,558	$867	$11.70	$11.07 - $12.17
Q2 2016	260,301	$3,059	$11.63	$10.23 - $12.50
Q1 2016	295,830	$3,544	$11.35	$10.36 - $12.59
Q4 2015	295,730	$3,218	$10.16	$9.32 - $11.00
Q3 2015	295,730	$2,975	$9.48	$9.13 - $9.85
Q2 2015	291,930	$2,752	$9.33	$9.01 - $9.94
Q1 2015	251,286	$2,307	$9.24	$8.51 - $9.54
Q4 2014	241,386	$2,254	$9.24	$8.87 - $9.78
Q3 2014	105,586	$950	$8.94	$8.61 - $9.25
Q2 2014	75,000	$675	$9.34	$8.57 - $10.49