XML 66 R45.htm IDEA: XBRL DOCUMENT
v3.8.0.1

STOCK-BASED COMPENSATION (Table) | 12 Months Ended
--- | ---
Dec. 31, 2017
Schedule of Stock-Based Compensation | The following tables provide information on stock-based compensation expense for 2017, 2016, and 2015. ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | December 31,
﻿(Dollars in thousands) |  | 2017 |  | 2016 |  | 2015
﻿Stock-based compensation expense |  | $ | 1,055 |  | $ | 334 |  | $ | 283
﻿Excess tax benefits related to stock-based |  |  |  |  |  |  |  |  |
﻿compensation |  |  | 28 |  |  | 27 |  |  | 3
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | December 31,
﻿(Dollars in thousands) |  | 2017 |  | 2016 |  | 2015
﻿Unrecognized stock-based compensation |  |  |  |  |  |  |  |  |  |  |  |
﻿expense |  | $ | 801 |  |  | $ | 337 |  |  | $ | 222 |
﻿Weighted average period unrecognized |  |  |  |  |  |  |  |  |  |  |  |
﻿expense is expected to be recognized |  |  | 1.0 | years |  |  | 0.9 | years |  |  | 1.5 | years
﻿
Schedule of Share-based Compensation, Stock Options Activity | The following table summarizes stock option activity for the Company under the 2016 Equity Plan for the three years ended December 31, 2017. ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Year Ended December 31, 2017 |  | Year Ended December 31, 2016 |  | Year Ended December 31, 2015
﻿ |  |  |  | Weighted Average |  |  |  | Weighted Average |  |  |  | Weighted Average
﻿ |  | Number of |  | Exercise |  | Number of |  | Exercise |  | Number of |  | Exercise
﻿ |  | Shares |  | Prices |  | Shares |  | Prices |  | Shares |  | Prices
﻿Outstanding at beginning of period |  | 62,086 |  | $ | 8.29 |  | 61,327 |  | $ | 8.05 |  | 27,108 |  | $ | 6.64
﻿Granted |  | 1,202 |  |  | 16.65 |  | 12,443 |  |  | 11.12 |  | 34,219 |  |  | 9.18
﻿Exercised |  | (859) |  |  | 6.64 |  | (11,684) |  |  | 6.64 |  | - |  |  | -
﻿Expired/Cancelled |  | - |  |  | - |  | - |  |  | - |  | - |  |  | -
﻿Outstanding at end of period |  | 62,429 |  | $ | 8.47 |  | 62,086 |  | $ | 8.29 |  | 61,327 |  | $ | 8.05
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿Exercisable at end of period |  | 61,828 |  | $ | 8.40 |  | 58,756 |  | $ | 8.14 |  | 44,218 |  | $ | 7.62
﻿
Schedule of Share-based Payment Award, Stock Option Valuation Assumptions | The following weighted average assumptions were used as inputs to the Black-Scholes valuation model for options granted in 2017 and 2016. ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |
﻿ |  | 2017 |  | 2016 |  | 2015
﻿Dividend yield |  | 0.84 | % |  | 0.73 | % |  | - | %
﻿Expected volatility |  | 64.80 | % |  | 38.60 | % |  | 32.00 | %
﻿Risk-free interest rate |  | 2.42 | % |  | 1.75 | % |  | 1.97 | %
﻿Expected contract life (in years) |  | 10 years |  |  | 10 years |  |  | 7 years |
﻿
Equity Plan 2016 [Member] |
Schedule of Share-based Compensation, Restricted Stock and Units Award Activity | The following table summarizes restricted stock award activity for the Company under the 2016 Equity Plan for the three years ended December 31, 2017. ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Year Ended December 31, 2017 |  | Year Ended December 31, 2016 |  | Year Ended December 31, 2015
﻿ |  |  |  | Weighted Average |  |  |  | Weighted Average |  |  |  | Weighted Average
﻿ |  | Number of |  | Grant Date |  | Number of |  | Grant Date |  | Number of |  | Grant Date
﻿ |  | Shares |  | Fair Value |  | Shares |  | Fair Value |  | Shares |  | Fair Value
﻿Nonvested at beginning of period |  | 17,066 |  | $ | 11.46 |  | 12,488 |  | $ | 8.74 |  | 14,251 |  | $ | 8.51
﻿Granted |  | 22,927 |  |  | 16.71 |  | 27,366 |  |  | 11.51 |  | 12,647 |  |  | 9.21
﻿Vested |  | (24,080) |  |  | 13.86 |  | (22,788) |  |  | 10.01 |  | (14,410) |  |  | 8.93
﻿Cancelled |  | - |  |  | - |  | - |  |  | - |  | - |  |  | -
﻿Nonvested at end of period |  | 15,913 |  | $ | 15.39 |  | 17,066 |  | $ | 11.46 |  | 12,488 |  | $ | 8.74
﻿
2016 and 2006 Plan [Member] | Restricted Stock Units (RSUs) [Member] |
Schedule of Share-based Compensation, Restricted Stock and Units Award Activity | The following table summarizes restricted stock units activity for the Company under the 2016 and 2006 Equity Plans for the three years ended December 31, 2017. ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Year Ended December 31, 2017 |  | Year Ended December 31, 2016 |  | Year Ended December 31, 2015
﻿ |  |  |  | Weighted Average |  |  |  | Weighted Average |  |  |  | Weighted Average
﻿ |  | Number of |  | Grant Date |  | Number of |  | Grant Date |  | Number of |  | Grant Date
﻿ |  | Shares |  | Fair Value |  | Shares |  | Fair Value |  | Shares |  | Fair Value
﻿Outstanding at beginning of period |  | 46,342 |  | $ | 10.64 |  | 26,943 |  | $ | 9.49 |  | - |  | $ | -
﻿Granted |  | 43,924 |  |  | 13.59 |  | 24,433 |  |  | 11.68 |  | 26,943 |  |  | 9.49
﻿Vested |  | - |  |  | - |  | - |  |  | - |  | - |  |  | -
﻿Forfeited |  | - |  |  | - |  | (5,034) |  |  | 9.49 |  | - |  |  | -
﻿Outstanding at end of period |  | 90,266 |  | $ | 12.08 |  | 46,342 |  | $ | 10.64 |  | 26,943 |  | $ | 9.49
﻿

X
- Definition Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=96867065&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_PlanNameAxis=shbi_TwoThousandAndSixteenPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=shbi_TwoThousandAndSixteenAndTwoThousandAndSixPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |