West Shore Bank Corp. reported earnings results for the full year ended December 31, 2008. The company announced 2008 full year net income of $2.31 million, or $1.67 per share, versus net income of $1.07 million, or $0.75 per share for 2007. Net interest income was $9.6 million in 2008, an increase of $857,000, or 9.8%, from 2007. The increase was due primarily to a higher net interest margin which increased from 3.24% in 2007 to 3.43% in 2008.

West Shore Bank Corp. reported earnings results for the first half ended June 30, 2008. For the period, the company reported net income of $1.13 million, or $0.81 per share, versus net income of $1.03 million, or $0.71 per share in the first half of 2007. Net interest income was $4.63 million an increase of $132,000, or 2.9%, from the first half of 2007. The increase was due primarily to the increase in net interest margin. Net interest margin (on a tax equivalent basis) for the first half of 2008 was 3.37%, up from 3.27% in the first half of 2007. Non-interest income was $911,000 for the first half of 2008, an increase of $115,000, or 14.4%, from $796,000 in the first half of 2007. The increase was due primarily to higher gain on sale of securities of $75,000 and higher bank-owned life insurance income of $21,000. The Board of Directors of the company declared a semiannual cash dividend of $0.40 per share of common stock. The semiannual dividend was payable on June 6, 2008 to shareholders of record on May 26, 2008.

West Shore Bank Corp. announced a number of officer promotions. Personnel promoted include: Charles R. Keller steps up to EVP-chief lending officer. Keller is currently responsible for the management of all lending operations as well as supervising all retailing banking and marketing functions. Kevin A. Twardy is promoted to EVP-chief financial officer. He has been responsible for an financial and accounting functions of West Shore Bank and will now add responsibility of bank operations, human resources, and information technology. Jeremy M. Holmes becomes SVP-retail banking. His new responsibilities involve supervision of all retail banking operations including consumer and real estate lending, branch administration, deposit operations, new account operations, and personal investments. Martha M. Ely has been promoted to VP-cashier. She will be responsible for overseeing the majority of the bank's non-lending operations, including customer service, item processing, and teller operations. Kevin P. Dooley steps up to AVP-loan administration. Dooley will be responsible for supervising the loan administration department and is responsible for all real estate and consumer loan underwriting. Sara E. Jeruzal becomes the retail banking officer. Jeruzal will now be responsible for sales of West Shore Bank's loan, deposit, and investment services. Adam P. Johnson becomes the retail banking officer. He will now be responsible for sales of West Shore Bank's loan, deposit, and investment services and continues overall management of the Hart office.