U. S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   FORM 10-QSB


  X     QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
--------
        ACT OF 1934
               For the quarterly period ended March 31, 2004

        TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934
               For the transition period from _________ to _________

                        Commission file number 000-23847

                           SHORE FINANCIAL CORPORATION

             (Exact name of registrant as specified in its charter)

                    Virginia                          54-1873994
      _________________________________         _________________________
        (State or other jurisdiction               (I.R.S. Employer
      of incorporation or organization)          Identification Number)

          25253 Lankford Highway
             Onley, Virginia                              23418
      _________________________________         _________________________
           (Address of Principal                        (Zip Code)
             Executive Offices)


                    Issuer's telephone number: (757) 787-1335


Check  whether  the issuer (1) filed all  reports  required  to be filed by
Section 13 or 15(d) of the  Exchange  Act during the past 12 months (or for such
shorter period that the  registrant was required to file such reports),and (2)
has been subject to such filing requirements for the past 90 days. Yes_X_ No___

                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the  distribution  of
securities under a plan confirmed by a court. Yes ___ No ___

Number of shares of Common Stock outstanding as of May 13, 2004:  2,062,324

Transitional Small Business Disclosure Format:  Yes ____ No _X_




<PAGE>


                  SHORE FINANCIAL CORPORATION AND SUBSIDIARIES
                               Index - Form 10-QSB

                         PART I - FINANCIAL INFORMATION

         Item 1 - Consolidated Financial Statements (Unaudited)

                  Consolidated Statements of Financial Condition as of
                        March 31, 2004 and December 31, 2003

                  Consolidated Statements of Income for the Three Months Ended
                        March 31, 2004 and 2003

                  Consolidated Statements of Cash Flows for the Three Months
                        Ended March 31, 2004 and 2003

                  Consolidated Statement of Stockholders' Equity for the
                        Three Months Ended March 31, 2004

                  Notes to Unaudited Consolidated Financial Statements

         Item 2 - Management's Discussion and Analysis of Financial Condition
                        and Results of Operations

                        Results of Operations

                        Financial Condition

                        Asset Quality

                        Liquidity and Capital Resources

                        Interest Sensitivity

         Item 3 - Controls and Procedures


                           PART II - OTHER INFORMATION
         Item 1 - Legal Proceedings
         Item 2 - Changes in Securities
         Item 3 - Defaults Upon Senior Securities
         Item 4 - Submission of Matters to Vote of Security Holders
         Item 5 - Other Information
         Item 6 - Exhibits and Reports on Form 8-K

                                   SIGNATURES



<PAGE>

<TABLE>



                               SHORE FINANCIAL CORPORATION AND SUBSIDIARIES
                              Consolidated Statements of Financial Condition
<CAPTION>


                                                                        March 31,           December 31,
                                                                           2004                 2003
------------------------------------------------------------------------------------------------------------
                                                                       (Unaudited)
                             ASSETS

 <c>

Cash (including interest - earning deposits of
     approximately $1,457,200 and $1,424,100, respectively)       $        6,854,400     $        5,793,800
Investment securities:
     Held-to-maturity (fair value of $0 and
        $0, respectively)                                                       -                      -
     Available-for-sale (amortized cost of $37,242,000 and
        $38,354,800, respectively)                                        38,817,000             39,579,800
     Other investments, at cost                                            1,120,500              1,031,200
Loans receivable, net                                                    147,564,200            140,206,600
Premises and equipment, net                                                5,676,300              4,986,900
Other assets                                                               4,948,100              4,952,000
                                                                  ------------------------------------------

                                                                  $      204,980,500     $      196,550,300
                                                                  ==========================================

              LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits:
        Interest-bearing                                          $      154,886,900     $      139,857,000
        Noninterest-bearing                                               21,153,000             19,033,700
                                                                  -------------------    -------------------
            Total deposits                                               176,039,900            158,890,700

Advances from Federal Home Loan Bank                                       7,066,700             16,883,300
Other liabilities                                                            929,700                575,100
                                                                  ------------------------------------------
            Total liabilities                                            184,036,300            176,349,100
                                                                  ------------------------------------------

Stockholders' equity
     Preferred stock, par value $1 per share, 500,000
        Shares authorized; none issued and
        outstanding                                                             -                      -
     Common stock, par value $.33 per share, 5,000,000
        Shares authorized; 2,062,324 and 2,061,724 shares
        issued and outstanding, respectively                                 680,600                680,400
     Additional capital                                                    8,169,000              8,164,600
     Retained earnings, substantially restricted                          11,093,100             10,595,300
     Accumulated other comprehensive income                                1,001,500                760,900
                                                                  ------------------------------------------
            Total stockholders' equity                                    20,944,200             20,201,200
                                                                  ------------------------------------------

                                                                  $      204,980,500     $      196,550,300
                                                                  ==========================================


                The accompanying notes are an integral part of these financial statements.

<PAGE>


                       SHORE FINANCIAL CORPORATION AND SUBSIDIARIES
                            Consolidated Statements of Income

<CAPTION>

                                                         Three Months Ended March 31,
                                                     --------------------------------------
                                                           2004                2003
-------------------------------------------------------------------------------------------
                                                        (Unaudited)         (Unaudited)

 <c>

Interest and dividend income
     Loans                                           $    2,107,400        $  1,915,100
     Investments
        Taxable interest                                    308,100             376,700
        Tax-exempt interest                                  35,700              28,400
        Dividends                                            36,400              29,900
                                                     --------------------------------------
            Total interest and dividend income            2,487,600           2,350,100
                                                     --------------------------------------

Interest expense
     Deposits                                               693,700             888,600
     FHLB/other advances                                     56,600              13,900
                                                     --------------------------------------
            Total interest expense                          750,300             902,500
                                                     --------------------------------------

Net interest income                                       1,737,300           1,447,600

Provision for loan losses                                   104,700              95,100
                                                     --------------------------------------

Net interest income after
     provision for loan losses                            1,632,600           1,352,500
                                                     --------------------------------------

Noninterest income
     Deposit account fees                                   294,400             248,300
     Loan fees                                               31,900              31,200
     Commissions on investment brokerage sales               28,600              40,500
     Gains on sales of securities                            94,000             (3,700)
     Other                                                   70,200              80,400
                                                     --------------------------------------
            Total noninterest income                        519,100             396,700
                                                     --------------------------------------

Noninterest expense
     Compensation and employee
        benefits                                            601,400             540,400
     Occupancy and equipment                                322,400             298,200
     Data processing                                        153,600             106,700
     Advertising                                             28,200              14,700
     Federal insurance premium                                6,300               6,100
     Other                                                  166,100             160,600
                                                     --------------------------------------
            Total noninterest expense                     1,278,000           1,126,700
                                                     --------------------------------------

Income before income taxes                                  873,700             622,500

Income taxes                                                272,900             201,200
                                                     --------------------------------------

Net income                                           $      600,800        $    421,300
                                                     ======================================

Cash Dividends Declared Per Share (1)                $         0.05        $       0.04
                                                     ======================================

Earnings Per Common Share:
        Basic (1)                                    $         0.29        $       0.21
                                                     ======================================

        Diluted (1)                                  $         0.29        $       0.20
                                                     ======================================


(1) March 2003 amounts retroactively adjusted to reflect December 2003 20% common stock
dividend.

        The accompanying notes are an integral part of these financial statements.


<PAGE>



                                       SHORE FINANCIAL CORPORATION AND SUBSIDIARIES
                                      Consolidated Statement of Stockholders' Equity
                                             Three Months Ended March 31, 2004


----------------------------------------------------------------------------------------------------------------------------
<CAPTION>

                                                                                              Accumulated
                                                                                                 Other
                                   Number of      Common      Additional       Retained      Comprehensive
                                     Shares        Stock        Capital        Earnings          Income           Total
                                   ----------- ------------ --------------  --------------  ---------------  --------------

 <c>

Balance, December 31, 2003           2,061,724 $   680,400  $   8,164,600   $  10,595,300   $      760,900   $  20,201,200

Common stock cash dividend
    declared                              -           -              -           (103,000)            -           (103,000)

Exercise of stock options                  600         200          4,400            -                -              4,600

Comprehensive income                      -           -              -            600,800          240,600         841,400
                                   -----------------------------------------------------------------------------------------

Balance, March 31, 2004              2,062,324 $   680,600  $   8,169,000   $  11,093,100   $    1,001,500   $  20,944,200
                                   =========== ============ =============== =============== ================ ===============






                        The accompanying notes are an integral part of these financial statements.



<PAGE>




                         SHORE FINANCIAL CORPORATION AND SUBSIDIARIES
                             Consolidated Statements of Cash Flows
                          Three Months Ended March 31, 2004 and 2003


<CAPTION>

                                                                  2004                2003
------------------------------------------------------------------------------------------------


 <c>

Cash flows from operating activities
    Net income                                               $    600,800          $    421,300
    Adjustments to reconcile to net cash
       provided by operating activities:
          Provision for loan losses                               104,700                95,100
          Depreciation and amortization                           123,800                90,100
          Amortization of premium and accretion
             of discount on securities, net                        20,700                24,800
          (Gain) loss on sale of investment securities            (94,000)                3,700
          Increase in cash surrender value of life insurance      (33,600)              (39,200)
          Changes in:
             Deferred loan fees                                    17,100                (6,200)
             Other assets                                         (86,100)              (46,300)
             Other liabilities                                    354,600               169,400
                                                             -----------------------------------
             Net cash flows from operating activities           1,008,000               712,700
                                                             -----------------------------------

Cash flows from investing activities
    Purchase of available-for-sale securities                    (127,500)              (12,800)
    Proceeds from maturities, sales and calls of
       available-for-sale securities                            1,313,600             3,506,300
    Purchase of Other Investments                                 (89,300)             (252,300)
    Loan originations, net of repayments                       (7,479,400)           (2,801,900)
    Purchase of premises and equipment                           (799,000)             (863,200)
                                                             -----------------------------------
             Net cash flows from investing activities          (7,181,600)             (423,900)
                                                             -----------------------------------

Cash flows from financing activities
    Net increase in demand deposits                            11,354,700             5,651,900
    Net increase (decrease) in time deposits                    5,794,500            (5,783,300)
    Proceeds from FHLB advances                                24,102,000             9,900,000
    Repayments of FHLB advances                               (33,918,600)           (8,316,700)
    Proceeds from exercise of stock options                         4,600                 6,500
    Payment of dividends on common stock                         (103,000)              (84,900)
                                                             -----------------------------------
             Net cash flows from financing activities           7,234,200             1,373,500
                                                             -----------------------------------

Change in cash and cash equivalents                             1,060,600             1,662,300

Cash and cash equivalents, beginning of period                  5,793,800             7,534,900
                                                             -----------------------------------

Cash and cash equivalents, end of period                     $  6,854,400          $  9,197,200
                                                             ===================================


Supplemental disclosure of cash flow information

    Cash paid during the period for interest                 $    730,800          $    911,800


          The accompanying notes are an integral part of these financial statements.


</TABLE>
<PAGE>



                  SHORE FINANCIAL CORPORATION AND SUBSIDIARIES
              Notes to Unaudited Consolidated Financial Statements

NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

     The  accompanying  unaudited  consolidated  financial  statements  of Shore
Financial  Corporation  and  Subsidiaries  (the "Company") have been prepared in
accordance with generally accepted  accounting  principles ("GAAP") and with the
instructions to Form 10-QSB and Item 310(b) of Regulation S-B. Accordingly, they
do not  include  all of the  information  and  footnotes  required  by GAAP  for
complete financial statements in the United States of America. In the opinion of
management,  all adjustments (consisting of normal recurring accruals) necessary
for a fair  presentation  of the  consolidated  financial  statements  have been
included.

     In preparing the consolidated  financial statements in conformity with GAAP
in the United States of America,  management  is required to make  estimates and
assumptions  that affect the  amounts  reported  in the  consolidated  financial
statements  and  accompanying  notes.  Actual  results  could  differ from those
estimates.  The consolidated  results of operations and other data for the three
month period ended March 31, 2004 are not necessarily  indicative of the results
that may be  expected  for any other  interim  period or the entire  year ending
December 31, 2004. The unaudited  consolidated  financial  statements  presented
herein should be read in  conjunction  with the audited  consolidated  financial
statements  and related  notes  thereto in the  Company's  Annual Report on Form
10-KSB for the year ended December 31, 2003.

Principles of Consolidation

     The consolidated  financial statements of the Company include and primarily
consist of the accounts of its  wholly-owned  subsidiary Shore Bank (the "Bank")
and the Bank's wholly-owned  subsidiary Shore Investments,  Inc. All significant
intercompany balances and transactions have been eliminated in consolidation.


NOTE 2 - ORGANIZATION

     The Company is a Virginia  corporation  organized in September  1997 by the
Bank for the  purpose of  becoming a unitary  holding  company of the Bank.  The
Company  became a unitary  holding  company of the Bank on March 16,  1998.  The
business and  management of the Company  consists of the business and management
of the Bank.  The Bank  became a Virginia  chartered,  Federal  Reserve  member,
commercial  bank on  March  31,  1998.  Prior  to that  period,  the  Bank was a
federally  chartered savings bank. The Company and the Bank are headquartered on
the Eastern Shore in Onley, Virginia. During March, 1999, the Bank activated its
subsidiary,   Shore  Investments,   Inc.,  to  engage  in  financial  activities
supporting  the Bank's  operations.  These  activities  include  the  selling of
investment products, title insurance and trust services.


<PAGE>

NOTE 3 - EARNINGS PER SHARE

     The following is a reconciliation of the numerators and denominators of the
basic and diluted  earnings per share  computations  for the periods ended March
31, 2004 and 2003.

<TABLE>


                                                Three Months Ended March 31,
                                               -----------------------------
                                                    2004             2003
                                               ------------     ------------

 <c>

Net income (numerator, basic and diluted)       $   600,800      $   421,300
Weighted average shares outstanding
(denominator)                                     2,062,000        2,035,300
                                               ------------     ------------

Earnings per common share - basic                    $ 0.29           $ 0.21
                                               ============     ============

Effect of dilutive securities:

Weighted average shares outstanding               2,062,000        2,035,300
Effect of stock options                              29,200           22,200
                                               ------------     ------------
Diluted average shares outstanding
(denominator)                                     2,091,200        2,057,500
                                               ------------     ------------

Earnings per common share -
assuming dilution                                    $ 0.29           $ 0.20
                                               ============     ============

</TABLE>


NOTE 4 - COMPREHENSIVE INCOME

     Total  comprehensive  income consists of the following for the three months
ended March 31, 2004 and 2003:

<TABLE>


                                                    Three Months Ended March 31,
                                                 -----------------------------------
                                                       2004              2003
                                                 -----------------  ----------------

 <c>

Net income                                              $ 600,800         $ 421,300
Other comprehensive income                                240,600           193,500
                                                 -----------------  ----------------

Total comprehensive income                              $ 841,400         $ 614,800
                                                 =================  ================

</TABLE>
<PAGE>



NOTE 4 - COMPREHENSIVE INCOME (concluded)

     The following is a reconciliation  of the related tax effects  allocated to
each component of other comprehensive income at March 31, 2004 and 2003.

<TABLE>

                                                    Three Months Ended March 31,
                                                 -----------------------------------
                                                       2004              2003
                                                 -----------------  ----------------

 <c>

Unrealized gains on
      available-for-sale securities:
Unrealized holding gains
      arising during the period                         $ 444,000         $ 318,300
Less: reclassification adjustment
      for (gain) loss included in income                  (94,000)            3,700
                                                 -----------------   ---------------

Total other comprehensive income
     before tax effect                                    350,000           322,000

Tax effect                                               (109,400)         (128,500)
                                                 -----------------   ---------------

Net unrealized gain                                     $ 240,600         $ 193,500
                                                 =================   ===============

</TABLE>


NOTE 5 - SEGMENT INFORMATION

     Segment  information  consists of the  following for the three months ended
March 31, 2004 and 2003:

<TABLE>

                                                                                                     Elimination of
                                                                                                     Intersegment
(In thousands)                                    Virginia         Maryland           Other          Transactions          Total
                                                ------------     -----------       ------------      ---------------   ------------

 <c>

Net Interest Income:
     Three Months ended March 31, 2004              $ 1,234             $ 283            $ 325              $ (105)         $ 1,737
     Three Months ended March 31, 2003              $ 1,105             $ 189            $ 421              $ (267)         $ 1,448

Assets:
     March 31, 2004                                $158,549          $ 41,952         $ 50,747           $ (46,267)        $204,981
     December 31, 2003                             $150,561          $ 38,131         $ 50,924           $ (43,066)        $196,550

</TABLE>
<PAGE>


NOTE 6 - STOCK-BASED COMPENSATION

     Statement of Financial  Accounting Standards (SFAS) No. 148, Accounting for
Stock-Based Compensation - Transition and Disclosure - an amendment of SFAS 123,
Accounting for Stock-Based Compensation,  was issued by the Financial Accounting
Standards Board (FASB) in December,  2002. SFAS 148 provides alternative methods
of  transition  for a  voluntary  change  to  the  fair  value-based  method  of
accounting  for  stock-based  employee  compensation.  SFAS 148 also  amends the
disclosure  requirements  of SFAS 123 to require  prominent  disclosures in both
annual and  interim  financial  statements  about the method of  accounting  for
stock-based employee  compensation and the effect of the method used on reported
results.  Management adopted the disclosure provisions of this Standard in 2002,
but is still assessing the recognition provisions of the Standard.

     In accordance  with SFAS 148, the Company  provides  disclosures  as if the
fair value-based  method of measuring all outstanding  stock options was already
adopted and recognized in 2004 and 2003. The following table presents the effect
on net  income  and on basic and  diluted  net  income  per share as if the fair
value-based  method had been applied to all  outstanding  and unvested awards at
March 31, 2004 and 2003.

<TABLE>


                                                   Three Months Ended March 31,
                                               -------------------------------------
                                                    2004                 2003
                                               ----------------     ----------------

 <c>

(Dollars in thousands, except per share data)

Net income, as reported                         $      600,800       $      421,300
Deduct:
             Total stock-based employee
             compensation expense
             determined under fair value
             based method for all awards,
             net of related tax effects                (60,200)             (57,800)
                                               ----------------     ----------------

Pro forma net income                            $      540,600       $      363,500
                                               ================     ================

Earnings per share:

Basic - as reported                             $         0.29       $         0.21
                                               ================     ================
Basic - pro forma                               $         0.26       $         0.18
                                               ================     ================

Diluted - as reported                           $         0.29       $         0.20
                                               ================     ================
Diluted - pro forma                             $         0.26       $         0.18
                                               ================     ================

</TABLE>


NOTE 7 - SUBSEQUENT EVENT

     During April 2004,  the Company  declared a $0.05 per share  quarterly cash
dividend on its common stock payable on May 1, 2004 to shareholders of record on
April 24, 2004.

<PAGE>



Item 2 - Management's Discussion and Analysis of
           Consolidated Financial Condition and Results of Operations

Results of Operations

General

     Net income for the three months ended March 31, 2004 was $600,800, or $0.29
per share,  compared to net income of $421,300, or $0.21 per share, for the same
period of the prior year.  Loan growth in excess of 23.0% and a 16.9%  reduction
in funding costs drove the majority of this increase.  As a result,  the Company
experienced a 26 basis point improvement in net interest margin during the three
months  ended March 31, 2004 as compared to the March 2003  period.  The Company
also benefited from a $65,000 after-tax gain on sales of investment securities.

Net Interest Income

     Net interest  income  increased 20.0% to $1.74 million for the three months
ended March 31, 2004, compared to $1.45 million for the same period in 2003. The
Company's net interest margin  improved to 3.76% for the 2004 quarter,  compared
to 3.50% for the three months ended March 31, 2003. The increase in net interest
margin over 2003  reflects  the strong loan  growth  experienced  by the Company
during the last twelve months.  This level of loan growth enabled the Company to
mitigate the impact of declining interest rates on loans during the period.

     Average  earning assets for the period ending March 2004  increased  $19.60
million as compared to the March 2003 period.  Spearheaded  by  commercial  loan
activity,  loan growth  represented  the majority of this  increase with average
loans  increasing  $26.10  million since March 2003.  Average  commercial  loans
increased $15.87 million, or 45.0%, while average real estate mortgages and home
equity  lines  increased  12.4%  and  14.3%,  respectively.  Average  investment
securities declined by $5.14 million during the period, primarily resulting from
liquidity  needs to fund loan growth and  reductions  in time deposit  balances.
Average  time deposit  balances  fell by $7.94 during the period ended March 31,
2004, reflecting the pricing flexibility awarded the Company's in this area as a
result of the December 2002 deposit  acquisition.  Offsetting these time deposit
declines  were  increases in average  interest-bearing  checking and savings and
noninterest-bearing  demand  deposits  of  $11.64  million  and  $3.69  million,
respectively.   These  amounts  represented  increases  of  20.60%  and  23.30%,
respectively,  providing a  lower-costing  liquidity  source than time  deposits
would,  thus benefiting net interest margin.  The Company also used Federal Home
Loan Bank ("FHLB")  advances during the period as an alternative,  lower-costing
liquidity  source.  Average FHLB advances  increased  $11.45  million during the
period ended March 31, 2004 as compared to the March 2003 period.

     Interest and dividend income  increased 5.9% to $2.49 million for the three
months  ended March 31, 2004,  compared to $2.35  million for the same period in
2003.  As  discussed  above,  strong  loan  growth  helped  mitigate  the impact
declining loan rates and reductions in the investment  portfolio had on interest
and dividend income during the period. Loan yields declined 62 basis points from
March 2003 to March 2004,  primarily in the real estate  mortgage and commercial
sectors.

     Interest  expense  decreased  16.9% to $750,300  for the three months ended
March 31, 2004,  compared to $902,500 for the same period in 2003. Funding costs
continued  their decline with the average rate on  interest-bearing  liabilities
decreasing  from 2.49% in 2003 to 1.87% for the March 2004 period.  Time deposit
costs  constituted  the majority of this change by  declining  55 basis  points,
while  checking and savings  deposit  costs  dropped 22 basis  points.  Although
average FHLB and other  advances  increased  $11.45  million,  the cost of these
funds declined 141 basis points.


<PAGE>



     The following table illustrates average balances of total  interest-earning
assets and total interest-bearing liabilities for the periods indicated, showing
the average  distribution of assets,  liabilities,  stockholders' equity and the
related income, expense and corresponding weighted average yields and costs. The
average balances used in these tables and other statistical data were calculated
using daily averages.

<TABLE>

                                   Average Balances, Income and Expenses, Yields and Rates

                                                                       Three Months Ended March 31,
                                           ------------------------------------------------------------------------------------
                                                2004                                       2003
                                           -----------------------------------------    ---------------------------------------
                                              Average        Income/       Yield/        Average        Income/       Yield/
(In Thousands)                                Balance        Expense        Rate         Balance        Expense        Rate
                                           ------------    -----------  -----------    -----------    -----------  -----------

 <c>

Assets:
       Securities (1)                      $     39,112   $        396        4.05%   $     44,255   $        442        4.00%
       Loans (net of unearned income):
             Real estate mortgage                77,095          1,137        5.90%         68,577          1,089        6.35%
             Commercial                          51,126            747        5.84%         35,252            610        6.92%
             Home equity lines                   15,096            166        4.40%         13,204            154        4.67%
             Consumer                             2,473             57        9.22%          2,660             62        9.32%
                                             -----------    -----------                 -----------    -----------
                  Total loans                   145,790          2,107        5.78%        119,693          1,915        6.40%
       Interest-bearing deposits
             in other banks                       1,851              3        0.65%          3,205              7        0.87%
                                             -----------    -----------                 -----------    -----------
                  Total earning assets          186,753          2,506        5.37%        167,153          2,364        5.66%
                                             -----------    -----------                 -----------    -----------
       Less: allowance for loan losses           (2,040)                                    (1,637)
       Total nonearning assets                   16,347                                     14,644
                                             -----------                                -----------
       Total assets                        $    201,060                               $    180,160
                                             ===========                                ===========

Liabilities
       Interest-bearing deposits:
             Checking and savings          $     68,166   $        100        0.59%   $     56,524   $        115        0.81%
             Time deposits                       78,812            593        3.01%         86,752            773        3.56%
                                             -----------    -----------                 -----------    -----------

                  Total interest-bearing
                  deposits                      146,978            693        1.89%        143,276            888        2.48%

       FHLB/other advances                       13,236             57        1.72%          1,788             14        3.13%
                                             -----------    -----------                 -----------    -----------
                  Total interest-bearing
                  liabilities                   160,214            750        1.87%        145,064            902        2.49%
                                                            -----------                                -----------
       Non-interest bearing liabilities:
             Demand deposits                     19,527                                     15,837
             Other liabilities                      784                                        829
                                             -----------                                -----------

       Total liabilities                        180,525                                    161,730
       Stockholders' equity                      20,535                                     18,430
                                             -----------                                -----------

       Total liabilities and stockholders'
             equity                        $    201,060                               $    180,160
                                             ===========                                ===========

       Net interest income (1)                            $      1,756                               $      1,462
                                                            ===========                                ===========

       Interest rate spread (1)(2)(3)                                         3.50%                                      3.17%
       Net interest margin (1)(4)                                             3.76%                                      3.50%



(1)      Tax equivalent  basis.  The tax equivalent  adjustment to net interest  income was $19,000 and $14,000 for
         the three months ended March 31, 2004 and 2003, respectively.
(2)      Yield and rate  percentages  are all computed  through the  annualization  of interest  income and expense
         divided by average daily balances based on amortized costs.
(3)      Interest  rate spread is the average  yield  earned on earning  assets less the average  rate  incurred on
         interest-bearing liabilities.
(4)      Net interest margin is derived by dividing net interest income by average total earning assets.

</TABLE>
<PAGE>


Noninterest Income

     Noninterest  income was  $519,100  during the three  months ended March 31,
2004, as compared to $396,700 for the same period in 2003,  representing a 30.9%
increase over the prior period.  Included in 2004 noninterest  income is $94,000
of gains on sales of investment securities.  Excluding these gains,  noninterest
income  increased 7.2% over the 2003 amount.  Increases in deposit  account fees
resulting from deposit account growth represented the majority of this increase.

Provision for Loan Losses

     Provision for loan losses was $104,700 for the three months ended March 31,
2004, as compared to $95,100 for the same period of 2003.  See Asset Quality for
additional discussion relating to the allowance for loan losses.

Noninterest Expense

     Noninterest  expenses  were $1.28  million for the three months ended March
31,  2004,  as  compared  to  $1.13  million  during  the same  period  of 2003,
representing an increase of 13.4%.  Increased employee compensation and benefits
expense  constituted  the  majority  of this  increase.  Costs  associated  with
upgrading the Company's  information systems and regulatory and compliance costs
also impacted earnings during the period.

Financial Condition

     During  the  three  months  ended  March 31,  2004,  the  Company's  assets
increased  by $8.4  million  from $196.6  million at December 31, 2003 to $205.0
million at March 31,  2004.  Net loans  represented  the majority of this growth
with an increase of $7.4 million while investment securities remained relatively
flat during the quarter.  Favorable market conditions  continued to benefit loan
volumes  and excess  liquidity  was used to reduce  FHLB  advances as opposed to
purchasing investments.

     Deposits  increased $17.1 million to $176.0 million during the three months
ended March 31, 2004.  Increases in interest-bearing  demand and savings deposit
account  balances of $9.2 million  represented the majority of this growth while
noninterest-bearing  demand deposits increased $2.1 million. During the quarter,
the Company  altered its pricing  strategy on time deposits in order to generate
needed  liquidity.  This  resulted in a net  increase  in time  deposits of $5.8
million.  The Company used excess liquidity  generated through deposit growth to
fund loan growth and pay down $9.8 million in FHLB advances during the period.

     Stockholders' equity was $20.9 million at March 31, 2004, compared to $20.2
million at December 31, 2003.  Comprehensive  income of $841,400 offset a common
stock dividend payment of $103,000 ($0.05 per share).

     During April 2004,  the Company  declared a $0.05 per share  quarterly cash
dividend on its common stock payable on May 1, 2004 to shareholders of record on
April 24, 2004.


<PAGE>


Asset Quality

     Loans are placed on nonaccrual  status when, in the judgment of management,
the  probability of interest  collection is deemed to be insufficient to warrant
further  accrual or the loan  reaches  90 days  delinquent  whereby  the loan no
longer accrues interest.

     Total  nonperforming   assets,   which  consist  of  nonaccrual  loans  and
foreclosed  properties,  adjusted for estimated losses upon sale and the related
selling expenses and holding costs, were $478,000 at March 31, 2004, compared to
$552,000 at December  31, 2003.  As to  nonaccrual  loans  existing at March 31,
2004,  approximately $8,500 of interest income would have been recognized during
the three  months then ended if interest  thereon had  accrued.  At December 31,
2003,  the Company had one impaired loan with a balance of $126,000.  During the
three months ended March 31, 2004, the outstanding principal,  interest and late
fees  related  to this  loan  were  paid in full  through  the sale of  existing
collateral. The Company has not identified any other loans deemed impaired under
the  guidelines  established  by SFAS  No.  114,  Accounting  by  Creditors  for
Impairment  of a Loan,  as amended by SFAS No. 118,  Accounting by Creditors for
Impairment of a Loan - Income Recognition and Disclosures.

     At  March  31,  2004,  all  loans  60 days or  more  delinquent,  including
nonperforming  loans,  totaled  $752,000.  In addition,  other performing loans,
totaling  $2.6  million,  existed  that were  current,  but had other  potential
weaknesses that management considers to warrant additional monitoring.  Loans in
this  category,  along  with the  delinquent  loans,  are  subject  to  constant
management attention, and their status is reviewed on a regular basis.

     The following table details information  concerning nonaccrual and past due
loans, as well as foreclosed assets.

<TABLE>

                                                     Nonperforming Assets


                                                              March 31,           December 31,
(In Thousands)                                                  2004                  2003
                                                         ------------------   -------------------

 <c>

Nonaccrual loans:
       Commercial                                         $            -       $          126
       Real estate mortgage                                          281                  321
       Home equity lines of credit                                    29                   28
       Consumer                                                      168                   77
                                                         ------------------   -------------------

       Total nonaccrual loans                                        478                  552
Other real estate owned                                                -                    -
                                                         ------------------   -------------------

       Total nonperforming assets                         $          478       $          552
                                                         ==================   ===================

Loans past due 90 or more days
       accruing interest                                               -                    -
Allowance for loan losses to
       nonaccrual loans                                           441.00%              362.68%
Nonperforming assets to period end
       loans and other real estate owned                            0.32%                0.39%


</TABLE>
<PAGE>

     Set forth below is a table  detailing the allowance for loan losses for the
periods indicated.

<TABLE>

                                                   Allowance for Loan Losses


                                                                                          Three Months Ended March 31,
                                                                                 -----------------------------------------------
(In Thousands)                                                                          2004                       2003
                                                                                 -------------------       ---------------------

 <c>

Balance, beginning of period                                                      $           2,002         $             1,603
Loans charged off:
       Commercial                                                                                (5)                          -
       Real estate mortgage                                                                       -                           -
       Consumer                                                                                  (6)                         (3)
                                                                                 -------------------       ---------------------

       Total loans charged-off                                                                  (11)                         (3)
                                                                                 -------------------       ---------------------

Recoveries:
       Commercial                                                                                 5                           -
       Real estate mortgage                                                                       -                           -
       Consumer                                                                                   7                           3
                                                                                 -------------------       ---------------------

       Total recoveries                                                                          12                           3
                                                                                 -------------------       ---------------------

Net recoveries (charge-offs)                                                                      1                           -
Provision for loan losses                                                                       105                          95
                                                                                 -------------------       ---------------------

Balance, end of period                                                            $           2,108         $             1,698
                                                                                 ===================       =====================

Allowance for loan losses to loans
       outstanding at end of period                                                           1.41%                       1.40%

Allowance for loan losses to nonaccrual
       loans outstanding at end of period                                                   441.00%                     251.56%

Net recoveries (charge-offs) to average loans
       outstanding during period                                                              0.00%                       0.00%

</TABLE>


Liquidity and Capital Resources

     Liquidity  represents  the  Company's  ability to meet  present  and future
obligations  through the sale and maturity of existing assets or the acquisition
of additional funds through  liability  management.  Liquid assets include cash,
interest-bearing  deposits with banks,  federal  funds sold,  available-for-sale
investments  and  investments  and loans maturing within one year. The Company's
ability to obtain deposits and purchase funds at favorable rates  determines its
liability liquidity.

<PAGE>

     At March 31,  2004,  the  Company had  outstanding  loan and line of credit
commitments  of $37.4 million.  Scheduled  maturities of certificate of deposits
during the twelve months  following  March 31, 2004  amounted to $58.1  million.
Historically,  the Company has been able to retain a  significant  amount of its
deposits  as they  mature.  As a result of the  Company's  management  of liquid
assets  and  the  ability  to  generate  liquidity  through  liability  funding,
management  believes  that  the  Company  maintains  overall  liquidity  that is
sufficient  to satisfy  its  depositors'  requirements  and meet its  customers'
credit needs.

     Total cash and cash equivalents increased $1.1 million for the three months
ended March 31,  2004,  compared  to an  increase of $1.7  million for the three
months ended March 31, 2003. Net cash from operating activities was $1.0 million
for the three months ended March 31, 2004,  compared to $712,700 during the same
period of 2003. This increase  reflects the earnings growth  experienced  during
the quarter and other fluctuations in normal operating activities.

     Net cash used for investing  activities  was $7.2 million  during the three
months ended March 31, 2004, compared to net cash used for investing  activities
of $423,900 for the three months ended March 31, 2003.  Loan growth  constituted
the  majority of the  difference,  while  investment  activity was less than the
prior year.

     Net cash from  financing  activities  was $7.2 million for the three months
ended March 31, 2004,  compared to net cash from  financing  activities  of $1.4
million for the three  months  ended March 31,  2003.  While  repayment  of FHLB
advances  negatively  impacted  cash flows from  financing  activities,  deposit
growth more than offset the effects of these payoffs.

     The  Company  is  subject  to  various  regulatory   capital   requirements
administered  by the federal banking  agencies.  Failure to meet minimum capital
requirements   can  initiate   certain   mandatory   and   possibly   additional
discretionary  actions by regulators  that, if  undertaken,  could have a direct
material effect on the Company's  financial  statements.  Under capital adequacy
guidelines  and the  regulatory  framework  for prompt  corrective  action,  the
Company and its banking  subsidiary must meet specific  capital  guidelines that
involve   quantitative   measures   of   assets,   liabilities,    and   certain
off-balance-sheet  items as calculated  under regulatory  accounting  practices.
Additionally, certain restrictions exist on dividends paid and loans or advances
made by the Bank to the Company.  The total amount of dividends that may be paid
at any date is  generally  limited to the retained  earnings  for the Bank,  and
loans and advances  are limited to 10 percent of the Bank's  capital and surplus
on a secured  basis.  The Bank did not pay  dividends to the Company  during the
three  months  ended  March 31,  2004 and 2003.  At March 31,  2004,  the Bank's
retained earnings  available for the payment of dividends was $3.7 million.  The
capital amounts and classification are also subject to qualitative  judgments by
the regulators about components, risk weightings, and other factors.

     Quantitative  measures established by regulation to ensure capital adequacy
require the Company and its banking  subsidiary to maintain  minimum amounts and
ratios  of  total  and  Tier  I  capital  (as  defined  in the  regulations)  to
risk-weighted assets (as defined), and of Tier I capital (as defined) to average
assets (as defined).  At March 31, 2004, the Company meets all capital  adequacy
requirements to which it is subject.


<PAGE>



     The following table details the components of Tier 1 and Tier 2 capital and
related ratios at March 31, 2004 and December 31, 2003.

<TABLE>

                                          Analysis of Capital

                                                                              December131,
(In Thousands)                                                         2004                 2003
                                                                 ------------------  -------------------

 <c>

Tier 1 Capital:
       Common stock                                               $            681     $            680
       Additional paid-in capital                                            8,169                8,165
       Retained earnings                                                    11,093               10,595
       Accumulated other comprehensive income                                1,001                  761
                                                                 ------------------   ------------------
             Total capital (GAAP)                                           20,944               20,201
       Less: Intangibles                                                      (572)                (588)
       Net unrealized gain on debt and equity securities                    (1,001)                (761)
                                                                 ------------------   ------------------
             Total Tier 1 capital                                           19,371               18,852


Tier 2 Capital:
       Allowable allowances for loan losses                                  1,673                1,597
       Net unrealized gains on equity securities                               253                  205
                                                                 ------------------   ------------------
             Total Tier 2 capital                                 $         21,297     $         20,654
                                                                 ==================   ==================

Risk-weighted assets                                              $        137,151     $        131,213

Capital Ratios (1):
       Tier 1 risk-based capital ratio                                      14.12%               14.37%
       Total risk-based capital ratio                                       15.53%               15.74%
       Tier 1 capital to average adjusted
             total assets                                                    9.66%               10.15%

</TABLE>

Interest Sensitivity

     An important  element of both earnings  performance  and the maintenance of
sufficient  liquidity is proper management of the interest  sensitivity gap. The
interest sensitivity gap is the difference between interest sensitive assets and
interest sensitive  liabilities at a specific time interval. A gap is considered
positive when the amount of interest rate sensitive assets exceeds the amount of
interest rate sensitive liabilities,  and is considered negative when the amount
of interest  rate  sensitive  liabilities  exceeds  the amount of interest  rate
sensitive  assets  during a given period.  Generally,  during a period of rising
interest rates, a negative gap within shorter  maturities would adversely affect
the net interest  income,  while a positive gap within shorter  maturities would
result in an increase in net  interest  income.  Conversely,  during a period of
falling interest rates, a negative gap within shorter maturities would result in
an  increase  in net  interest  income,  while a  positive  gap  within  shorter
maturities would have the opposite effect.  This gap can be managed by repricing
assets or liabilities,  by selling investments  available for sale, by replacing
assets or liabilities at maturity,  or by adjusting the interest rate during the
life of an asset or  liability.  Matching  amounts  of  assets  and  liabilities
maturing in the same time interval  helps hedge the risk and minimize the impact
on net interest income in periods of rising or falling interest rates.

<PAGE>


     The Company  determines the overall magnitude of interest  sensitivity risk
and then formulates  policies  governing asset  generation and pricing,  funding
sources  and  pricing,  and  off-balance-sheet  commitments  in order to  reduce
interest  sensitivity  risk.  These decisions are based on management's  outlook
regarding  future interest rate  movements,  the state of the local and national
economy, and other financial and business risk factors.

     The following table presents the Company's interest sensitivity position at
March 31, 2004 based on the repricing or maturity of interest  sensitive  assets
and liabilities,  whichever is shorter. This one-day position, which continually
is changing,  is not  necessarily  indicative of the  Company's  position at any
other time.

<TABLE>
                                      Interest Sensitivity Analysis
                                                                             March 31, 2004
                                    ---------------------------------------------------------------------------------------------
                                           Within          91-365           1 to 5            Over
(In Thousands)                             90 Days          Days             Years           5 Years               Total
                                     ----------------  ---------------  ---------------  ----------------   -------------------

 <c>

Interest-Earning Assets:
       Loans (1)                      $       40,251    $      18,299    $      70,216    $       20,906     $         149,672
       Securities                              1,009            3,037           28,565             7,326                39,937
       Money market and other
           short term securities               1,457             -                -                 -                    1,457
       Other earning assets                     -               3,179             -                 -                    3,179
                                     ----------------  ---------------   --------------  ----------------   -------------------

       Total earning assets           $       42,717    $      24,515     $     98,781    $       28,232     $         194,245
                                     ================  ===============   ==============  ================   ===================
       Cumulative earning assets      $       42,717    $      67,232     $    166,013    $      194,245     $         194,245
                                     ================  ===============   ==============  ================   ===================


Interest-Bearing Liabilities:
       Money market savings           $       22,493    $        -        $       -       $         -        $          22,493
       Interest checking (2)                    -                -              27,728              -                   27,728
       Savings (2)                               411            1,255           20,769              -                   22,435
       Certificates of deposit                 7,573           33,121           39,942             1,651                82,287
       FHLB advances                           1,400             -               5,000               667                 7,067
                                     ----------------  ---------------   --------------  ----------------   -------------------

       Total interest-bearing
           liabilities                $       31,877    $      34,376     $     93,439    $        2,318     $         162,010
                                     ================  ===============   ==============  ================   ===================
       Cumulative interest-bearing
           liabilities                        31,877           66,253          159,692           162,010               162,010
                                     ================  ===============   ==============  ================   ===================

       Period gap                     $       10,840    $      (9,861)    $      5,342    $       25,914     $          32,235
       Cumulative gap                 $       10,840    $         979     $      6,321    $       32,235     $          32,235
       Ratio of cumulative interest-
           earning assets to
           interest-bearing liabilities       134.01%          101.48%          103.96%           119.90%               119.90%
       Ratio of cumulative gap to total
           earning assets                       5.58%            0.50%            3.25%            16.60%                16.60%




(1)  Includes nonaccrual loans of $478,000, which are included in the 91-365 days and 1 to 5 years categories.
(2)  Management  has  determined  that  interest  checking  and savings  accounts  are not  sensitive to changes in
     related market rates and, therefore, they are placed in the 1 to 5 years category.

</TABLE>

<PAGE>


Item 3 - Controls and Procedures

     Under  the  supervision  and  with  the  participation  of our  management,
including our principal  executive officer and principal  financial officer,  we
have evaluated the  effectiveness  of the design and operation of our disclosure
controls and procedures as of the end of the year. Based on that evaluation, our
principal  executive officer and principal financial officer have concluded that
these controls and procedures are effective.  There were no significant  changes
in our internal  controls or in other  factors that could  significantly  affect
these controls subsequent to the date of their evaluation.

     Disclosure  controls and procedures  are our controls and other  procedures
that are designed to ensure that  information  required to be disclosed by us in
the reports that we file or submit under the  Exchange  Act is  accumulated  and
communicated to our management,  including our principal  executive  officer and
principal financial officer, as appropriate, to allow timely decisions regarding
required disclosure.


<PAGE>



                                            PART II - OTHER INFORMATION

Item 1 - Legal Proceedings

     In the ordinary course of its operations, the Company is a party to various
legal  proceedings.  Based  upon  information  currently  available,  management
believes that such legal proceedings, in the aggregate, will not have a material
adverse effect on the business, financial condition, or results of operations of
the Company.

Item 2 - Changes in Securities

None.

Item 3 - Defaults Upon Senior Securities

Not applicable.

Item 4 - Submission of Matters to a Vote of Stockholders

     The annual meeting of the  stockholders of Shore Financial  Corporation was
held on April 20,  2004.  Matters  voted on included  the election of Terrell E.
Boothe and D. Page  Elmore  for  three-year  terms  expiring  in 2007.  No other
matters  were voted on during the meeting or by proxy or other means  during the
period.

Item 5 - Other Information

None.

Item 6 - Exhibits and Reports on Form 8-K

     (a)   Certifications   pursuant   to   subsections   302  and  906  of  the
Sarbanes-Oxley Act of 2002.

     (b) Form 8-K was filed during April 2004  relative to the  Company's  March
31, 2004 earnings release dated April 20, 2004.


<PAGE>



                                                    SIGNATURES

     Pursuant to the  requirements of the Securities  Exchange Act of 1934, this
report  has  been  signed  below  by the  following  persons  on  behalf  of the
Registrant and in the capacities and on the dates indicated.


/s/ Scott C. Harvard                                              May 13, 2004
--------------------------------------------------------------------------------
Scott C. Harvard
President and
Chief Executive Officer

/s/ Steven M. Belote                                               May 13, 2004
--------------------------------------------------------------------------------
Steven M. Belote
Vice President and
Chief Financial Officer


<PAGE>



                                                             Exhibit 31.1

                                 CERTIFICATIONS


I, Scott C. Harvard, certify that:

     1. I have reviewed this quarterly  report on Form 10-QSB of Shore Financial
Corporation;

     2. Based on my knowledge, this report does not contain any untrue statement
of a  material  fact or omit to  state a  material  fact  necessary  to make the
statements made, in light of the circumstances  under which such statements were
made, not misleading with respect to the period covered by this report;


     3. Based on my knowledge,  the financial  statements,  and other  financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of, and for, the periods presented in this report;


     4. The registrant's  other certifying  officer(s) and I are responsible for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:


                    (a) designed such  disclosure  controls and  procedures,  or
               caused such  disclosure  controls and  procedures  to be designed
               under  our  supervision,  to  ensure  that  material  information
               relating   to  the   registrant,   including   its   consolidated
               subsidiaries,  is  made  known  to  us  by  others  within  those
               entities,  particularly during the period in which this report is
               being prepared;

                    (b)  evaluated  the   effectiveness   of  the   registrant's
               disclosure  controls and  procedures and presented in this report
               our  conclusions   about  the  effectiveness  of  the  disclosure
               controls and  procedures,  as of the end of the period covered by
               this report based on such evaluation; and

                    (c) disclosed in this report any change in the  registrant's
               internal  control over financial  reporting that occurred  during
               the  registrant's  most recent fiscal  quarter (the  registrant's
               fourth fiscal  quarter in the case of an annual  report) that has
               materially  affected,  or  is  reasonably  likely  to  materially
               affect,   the   registrant's   internal  control  over  financial
               reporting; and


     5. The registrant's other certifying officer(s) and I have disclosed, based
on our most recent evaluation of internal control over financial  reporting,  to
the registrant's  auditors and the audit committee of the registrant's  board of
directors (or persons performing the equivalent functions):


                    (a) all significant  deficiencies and material weaknesses in
               the  design or  operation  of  internal  control  over  financial
               reporting  which are  reasonably  likely to adversely  affect the
               registrant's  ability to record,  process,  summarize  and report
               financial information; and

                    (b)  any  fraud,  whether  or not  material,  that  involves
               management or other employees who have a significant  role in the
               registrant's internal control over financial reporting.


Date: May 13, 2004
                                      /s/ Scott C. Harvard
                                      _________________________________________
                                          Scott C. Harvard
                                          President and Chief Executive Officer

<PAGE>



                                                                    Exhibit 31.2

                                 CERTIFICATIONS


I, Steven M. Belote, certify that:

     1. I have reviewed this quarterly  report on Form 10-QSB of Shore Financial
Corporation;

     2. Based on my knowledge, this report does not contain any untrue statement
of a  material  fact or omit to  state a  material  fact  necessary  to make the
statements made, in light of the circumstances  under which such statements were
made, not misleading with respect to the period covered by this report;


     3. Based on my knowledge,  the financial  statements,  and other  financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of, and for, the periods presented in this report;


     4. The registrant's  other certifying  officer(s) and I are responsible for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:


                    (a) designed such  disclosure  controls and  procedures,  or
               caused such  disclosure  controls and  procedures  to be designed
               under  our  supervision,  to  ensure  that  material  information
               relating   to  the   registrant,   including   its   consolidated
               subsidiaries,  is  made  known  to  us  by  others  within  those
               entities,  particularly during the period in which this report is
               being prepared;

                    (b)  evaluated  the   effectiveness   of  the   registrant's
               disclosure  controls and  procedures and presented in this report
               our  conclusions   about  the  effectiveness  of  the  disclosure
               controls and  procedures,  as of the end of the period covered by
               this report based on such evaluation; and

                    (c) disclosed in this report any change in the  registrant's
               internal  control over financial  reporting that occurred  during
               the  registrant's  most recent fiscal  quarter (the  registrant's
               fourth fiscal  quarter in the case of an annual  report) that has
               materially  affected,  or  is  reasonably  likely  to  materially
               affect,   the   registrant's   internal  control  over  financial
               reporting; and


     5. The registrant's other certifying officer(s) and I have disclosed, based
on our most recent evaluation of internal control over financial  reporting,  to
the registrant's  auditors and the audit committee of the registrant's  board of
directors (or persons performing the equivalent functions):


                    (a) all significant  deficiencies and material weaknesses in
               the  design or  operation  of  internal  control  over  financial
               reporting  which are  reasonably  likely to adversely  affect the
               registrant's  ability to record,  process,  summarize  and report
               financial information; and

                    (b)  any  fraud,  whether  or not  material,  that  involves
               management or other employees who have a significant  role in the
               registrant's internal control over financial reporting.


Date: May 13, 2004
                                 /s/ Steven M. Belote
                                 _____________________________________________
                                     Steven M. Belote
                                     Chief Financial Officer and Vice President

<PAGE>




                                                                    Exhibit 32.1



                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


     In connection with the Quarterly Report of Shore Financial Corporation (the
"Company")  on Form  10-QSB for the year three  months  ended  March 31, 2004 as
filed with the  Securities  and  Exchange  Commission  on the date  hereof  (the
"Report"), I, Scott C. Harvard, Chief Executive Officer of the Company, certify,
pursuant to 18 U.S.C.  Section 1350,  as adopted  pursuant to Section 906 of the
Sarbanes-Oxley Act of 2002, to the best of my knowledge, that:

     (1) The Report fully  complies  with the  requirements  of Section 13(a) or
15(d) of the Securities Exchange Act of 1934; and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
material  respects,  the  financial  condition  and result of  operations of the
Company.


                       /s/ Scott C. Harvard
                       _________________________________________
                           Scott C. Harvard
                           President and Chief Executive Officer

Date:  May 13, 2004





     This  certificate  accompanies  this Annual Report on Form 10-K pursuant to
Section 906 of the  Sarbanes-Oxley Act of 2002 and will not be deemed "filed" by
the Company for purposes of Section 18 of the  Securities  Exchange Act of 1934,
as amended.


<PAGE>


                                                                    Exhibit 32.1



                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


     In connection with the Quarterly Report of Shore Financial Corporation (the
"Company")  on Form  10-QSB for the three  months  ended March 31, 2004 as filed
with the Securities and Exchange  Commission on the date hereof (the  "Report"),
I, Steven M. Belote, Chief Financial Officer of the Company,  certify,  pursuant
to  18  U.S.C.  Section  1350,  as  adopted  pursuant  to  Section  906  of  the
Sarbanes-Oxley Act of 2002, to the best of my knowledge, that:

     (1) The Report fully  complies  with the  requirements  of Section 13(a) or
15(d) of the Securities Exchange Act of 1934; and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
material  respects,  the  financial  condition  and result of  operations of the
Company.


                        /s/ Steven M. Belote
                        ____________________________
                            Steven M. Belote
                            Chief Financial Officer

Date:  May 13, 2004





     This  certificate  accompanies  this Annual Report on Form 10-K pursuant to
Section 906 of the  Sarbanes-Oxley Act of 2002 and will not be deemed "filed" by
the Company for purposes of Section 18 of the  Securities  Exchange Act of 1934,
as amended.