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.