Shore Bancshares, Inc. and The Community Financial Corporation Announce Receipt of Regulatory Approval for Merger of Equals

EASTON, Md. and WALDORF, Md., March 7, 2023 /PRNewswire/ -- Shore Bancshares, Inc. (NASDAQ: SHBI) ("Shore"), the holding company of Shore United Bank, N.A., and The Community Financial Corporation (NASDAQ: TCFC) ("TCFC"), the holding company of Community Bank… Continue Reading Shore Bancshares, Inc. and The Community Financial Corporation Announce Receipt of Regulatory Approval for Merger of Equals

Shore Bancshares, Inc. and The Community Financial Corporation Announce Merger of Equals; Creates One of Maryland’s Top Community Banks with Approximately $6 Billion in Assets

strong>Highlights of the Announced Transaction:
• Creates a bank holding company with approximately $6 billion in assets and a market capitalization of approximately $650 million
• The combined company will have more than 40 branches, with leading and commanding mar… Continue Reading Shore Bancshares, Inc. and The Community Financial Corporation Announce Merger of Equals; Creates One of Maryland’s Top Community Banks with Approximately $6 Billion in Assets

Community Bank of the Chesapeake Announces Passing of Board of Director, Kimberly Briscoe-Tonic

Waldorf, Maryland, July 25, 2022 — It is with great sadness that Community Bank of the Chesapeake announces the passing of Kimberly C. Briscoe-Tonic, who served on the Board of Directors for the Bank and the holding company, The Community Financial Corporation.  Continue Reading Community Bank of the Chesapeake Announces Passing of Board of Director, Kimberly Briscoe-Tonic

TCFC Announces CEO Succession Plan

Waldorf, Maryland, December 8, 2021 -- The Community Financial Corporation (NASDAQ: TCFC) (the “Company”), the holding company for Community Bank of the Chesapeake (the “Bank”), today announced the appointment of James (“Jimmy”) M. Burke, President of the Company and the Bank, as President and Chief Executive Officer of both the Company and the Bank, effective August 31, 2022. After many years of dedicated service, William (“Bill”) J. Pasenelli, Chief Executive Officer of the Company and the Bank, will retire from those positions, and as a member of the Boards of Directors of the Company and the Bank, on that date. Continue Reading TCFC Announces CEO Succession Plan

TCFC in Class of 35 Named to Piper Sandler Bank & Thrift Sm-ALL Stars Class 2021

Waldorf, Maryland, September 30, 2021 — The Community Financial Corporation (NASDAQ: TCFC) (the “Company”), parent company of Community Bank of the Chesapeake (the “Bank”), today announced its inclusion in the Piper Sandler Bank & Thrift Sm-ALL Stars Class of 2021. Piper Sandler identified the Company as one of the top-performing publicly traded small-cap banks and thrifts in the country. The Company is one of two named institutions from Maryland of the 35 total institutions named to the Class of 2021. Continue Reading TCFC in Class of 35 Named to Piper Sandler Bank & Thrift Sm-ALL Stars Class 2021