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


___X___ QUARTERLY  REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934
               For the quarterly period ended March 31, 2006

______  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


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 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 ______


Indicate by check mark whether the registrant is a large accelerated filer,
an accelerated filer, or a non-accelerated filer. See definition of "accelerated
filer and large  accelerated  filer" in Rule 12b-2 of the Exchange  Act.  (Check
one):

Large accelerated filer ____ Accelerated  filer ____ Non-accelerated  filer__X_


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

Indicate by check mark whether the registrant has filed all documents and
reports required to be filed by Section 12, 13 or 15(d) of the Securities
Exchange Act of 1934 subsequent to the distribution of securities under a plan
confirmed by a court.
Yes ____  No ____

Number of shares of Common Stock outstanding as of May 12, 2006:  2,076,367






<PAGE>


                  SHORE FINANCIAL CORPORATION AND SUBSIDIARIES
                                Index - Form 10-Q

                         PART I - FINANCIAL INFORMATION

         Item 1 - Consolidated Financial Statements (Unaudited)

                        Consolidated Statements of Financial Condition as of
                        March 31, 2006 and December 31, 2005

                        Consolidated Statements of Income for the Three Months
                        Ended March 31, 2006 and 2005

                        Consolidated Statements of Stockholders' Equity for the
                        Three Months Ended March 31, 2006 and 2005

                        Consolidated Statements of Cash Flows for the Three
                        Months Ended March 31, 2006 and 2005

                        Notes to Unaudited Consolidated Financial Statements

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

                        Results of Operations

                        Interest Sensitivity

                        Financial Condition

                        Asset Quality

                        Liquidity and Capital Resources

         Item 3 - Quantitative and Qualitative Disclosures about Market Risk

         Item 4 - Controls and Procedures


                           PART II - OTHER INFORMATION
         Item 1 - Legal Proceedings
         Item 1A - Risk Factors
         Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds
         Item 3 - Defaults Upon Senior Securities
         Item 4 - Submission of Matters to Vote of Security Holders
         Item 5 - Other Information
         Item 6 - Exhibits

                                   SIGNATURES



<PAGE>


<TABLE>


                                  Consolidated Statements of Financial Condition


                                                                             March 31,            December 31,
                                                                               2006                   2005
------------------------------------------------------------------------------------------------------------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>

                               ASSETS


Cash (including interest - earning deposits of
     approximately $3,151,900 and $1,775,300, respectively)           $          8,413,100     $         9,176,000
Investment securities:
     Available-for-sale (amortized cost of $30,419,600 and
         $29,781,900, respectively)                                             30,428,600              29,889,900
     Other investments, at cost                                                  2,573,200               2,460,900
Loans receivable, net                                                          200,197,900             192,696,500
Premises and equipment, net                                                      7,384,500               7,464,600
Other assets                                                                     5,835,000               5,731,000
                                                                      ---------------------------------------------

                                                                      $        254,832,300     $       247,418,900
                                                                      =============================================

                LIABILITIES AND STOCKHOLDERS' EQUITY

Deposits:
         Interest-bearing                                             $        167,180,700     $       160,105,000
         Noninterest-bearing                                                    26,388,000              28,864,700
                                                                      ---------------------   ---------------------
            Total deposits                                                     193,568,700             188,969,700

Advances from Federal Home Loan Bank                                            36,533,300              34,050,000
Other liabilities                                                                  532,600                 770,600
                                                                      ---------------------------------------------
            Total liabilities                                                  230,634,600             223,790,300
                                                                      ---------------------------------------------

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; 2,076,367 and 2,074,207 shares
         issued and outstanding, respectively                                      685,200                 684,500
     Additional capital                                                          8,328,700               8,267,400
     Retained earnings                                                          15,181,200              14,631,400
     Accumulated other comprehensive income                                          2,600                  45,300
                                                                      ---------------------------------------------
            Total stockholders' equity                                          24,197,700              23,628,600
                                                                      ---------------------------------------------

                                                                      $        254,832,300     $       247,418,900
                                                                      =============================================


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


</TABLE>

<PAGE>



<TABLE>


                                Consolidated Statements of Income

                                                               Three Months Ended March 31,
                                                         -----------------------------------------
                                                                2006                  2005
--------------------------------------------------------------------------------------------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>

Interest and dividend income
     Loans                                               $         3,134,900    $       2,632,200
     Investments
        Taxable interest                                             277,900              313,700
        Tax-exempt interest                                           32,600               34,700
        Dividends                                                     50,400               42,300
                                                         -----------------------------------------
            Total interest and dividend income                     3,495,800            3,022,900
                                                         -----------------------------------------

Interest expense
     Deposits                                                        933,300              820,900
     FHLB/other advances                                             420,100              128,900
                                                         -----------------------------------------
            Total interest expense                                 1,353,400              949,800
                                                         -----------------------------------------

Net interest income                                                2,142,400            2,073,100

Provision for loan losses                                             39,900               78,200
                                                         -----------------------------------------

Net interest income after
     provision for loan losses                                     2,102,500            1,994,900
                                                         -----------------------------------------

Noninterest income
     Deposit account fees                                            592,600              288,000
     Loan fees                                                        27,000               19,300
     Mortgage banking fees                                            29,600               31,800
     Commissions on investment brokerage sales                        78,400               31,200
     Gains on sales of securities                                          -               90,400
     Other                                                            67,800               61,500
                                                         -----------------------------------------
            Total noninterest income                                 795,400              522,200
                                                         -----------------------------------------

Noninterest expense
     Compensation and employee
        benefits                                                     918,100              736,400
     Occupancy and equipment                                         432,500              420,100
     Data processing                                                 212,400              186,200
     Professional fees                                                95,300               56,600
     Advertising and promotion                                        29,700               36,400
     Other                                                           202,700              164,800
                                                         -----------------------------------------
            Total noninterest expense                              1,890,700            1,600,500
                                                         -----------------------------------------

Income before income taxes                                         1,007,200              916,600

Income taxes                                                         312,200              285,500
                                                         -----------------------------------------

Net income                                               $           695,000    $         631,100
                                                         =========================================

Cash Dividends Declared Per Share                        $              0.07    $            0.06
                                                         =========================================

Earnings Per Common Share:
        Basic                                            $              0.33    $            0.31
                                                         =========================================

        Diluted                                          $              0.33    $            0.30
                                                         =========================================



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


</TABLE>

<PAGE>

<TABLE>



                                                Consolidated Statements of Stockholders' Equity


-----------------------------------------------------------------------------------------------------------------------------------

                                                                                                     Accumulated
                                                                                                        Other
                                  Number of        Common         Additional         Retained        Comprehensive
                                    Shares          Stock           Capital          Earnings        Income (Loss)       Total
                                 --------------------------------------------------------------------------------------------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Balance, December 31, 2004        2,063,284    $   680,900    $    8,199,000    $   12,494,400    $     584,700      $ 21,959,000

Common stock cash dividend
     declared                          -              -                 -             (123,900)            -             (123,900)

Exercise of stock options             7,413          2,400            33,400              -                -               35,800

Comprehensive income (loss)            -              -                 -              631,100         (461,600)          169,500
                                 --------------------------------------------------------------------------------------------------

Balance, March 31, 2005           2,070,697    $   683,300    $    8,232,400    $   13,001,600    $     123,100      $ 22,040,400
                                 ===========     ==========      =============     ============      ============     =============

Balance, December 31, 2005        2,074,207    $   684,500    $    8,267,400    $   14,631,400    $      45,300      $ 23,628,600

Common stock cash dividend
     declared                          -              -                 -             (145,200)            -             (145,200)

Exercise of stock options             2,160            700            53,200              -                -               53,900

Tax benefit associated with the
     exercise of stock options         -              -                8,100              -                -                8,100

Comprehensive income (loss)            -              -                 -              695,000          (42,700)          652,300
                                 --------------------------------------------------------------------------------------------------

Balance, March 31, 2006           2,076,367    $   685,200    $    8,328,700    $   15,181,200    $       2,600      $ 24,197,700
                                 ===========     ==========      =============     ============      ============     =============








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


</TABLE>



<PAGE>

<TABLE>


                 Consolidated Statements of Cash Flows


                                                                        Three Months Ended March 31,
                                                                       -----------------------------
                                                                             2006          2005
----------------------------------------------------------------------------------------------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Cash flows from operating activities
    Net income                                                         $    695,000    $  631,100
    Adjustments to reconcile to net cash
      provided by operating activities:
        Provision for loan losses                                            39,900        78,200
        Depreciation and amortization                                       189,300       180,800
        Amortization of premium and accretion
          of discount on securities, net                                      2,600        17,300
        Gain on sale of investment securities                                  -          (90,400)
        Increase in cash surrender value of life insurance                  (35,700)      (33,000)
        Tax benefit of stock options exercised                                8,100          -
        Changes in:
          Deferred loan fees                                                 25,600        38,700
          Other assets                                                      (22,700)      168,100
          Other liabilities                                                (238,000)     (362,000)
                                                                        ----------------------------
          Net cash flows from operating activities                          664,100       628,800
                                                                        ----------------------------

Cash flows from investing activities
    Purchase of available-for-sale securities                            (1,728,700)   (1,055,200)
    Proceeds from maturities, sales and calls of
      available-for-sale securities                                       1,085,400       245,200
    Purchase of other investments                                          (868,400)   (1,455,900)
    Proceeds from maturities, sales and calls of
      other investments                                                     756,100     1,186,500
    Loan originations, net of repayments                                 (7,567,000)   (4,402,300)
    Purchase of premises and equipment                                      (95,400)      (80,700)
    Basis reduction due to cost savings agreement on
      building construction                                                    -           92,900
                                                                        ----------------------------
          Net cash flows from investing activities                       (8,418,000)   (5,469,500)
                                                                        ----------------------------

</TABLE>


<PAGE>

<TABLE>


                 Consolidated Statements of Cash Flows

                                                                        Three Months Ended March 31,
                                                                       -----------------------------
                                                                             2006          2005
----------------------------------------------------------------------------------------------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Cash flows from financing activities
    Net increase (decrease) in demand deposits                         $ (2,538,900)   $ 1,296,100
    Net increase (decrease) in time deposits                              7,137,900     (1,590,000)
    Proceeds from FHLB advances                                         153,650,000     37,500,000
    Repayments of FHLB advances                                        (151,166,700)   (34,366,700)
    Proceeds from exercise of stock options                                  53,900         35,800
    Payment of dividends on common stock                                   (145,200)      (123,900)
                                                                       -----------------------------
          Net cash flows from financing activities                        6,991,000      2,751,300
                                                                       -----------------------------

Change in cash and cash equivalents                                        (762,900)    (2,089,400)

Cash and cash equivalents, beginning of year                              9,176,000      9,415,000
                                                                       -----------------------------

Cash and cash equivalents, end of year                                 $  8,413,100    $ 7,325,600
                                                                       =============================


Supplemental disclosure of cash flow information

    Cash paid during the period for interest                           $  1,330,200    $   841,800
    Cash paid during the period for income taxes                       $    360,000    $      -




                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-Q and Rule 10-01 of Regulation S-X. 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, 2006 are not necessarily indicative of the results
that may be expected for any other interim period or the entire year ending
December 31, 2006. 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-K
for the year ended December 31, 2005.

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.



<PAGE>



NOTE 2 - 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, 2006 and 2005.

<TABLE>

                                                                        Three Months Ended March 31,
                                                               ------------------------------------------------
                                                                      2006                        2005
                                                               --------------------       ---------------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Net income (numerator, basic and diluted)                                $ 695,000                   $ 631,100
Weighted average shares outstanding
(denominator)                                                            2,075,200                   2,067,800
                                                               --------------------       ---------------------

Earnings per common share - basic                                           $ 0.33                      $ 0.31
                                                               ====================       =====================

Effect of dilutive securities:

Weighted average shares outstanding                                      2,075,200                   2,067,800
Effect of stock options                                                     25,000                      31,500
                                                               --------------------       ---------------------
Diluted average shares outstanding
(denominator)                                                            2,100,200                   2,099,300
                                                               --------------------       ---------------------

Earnings per common share -
assuming dilution                                                           $ 0.33                      $ 0.30
                                                               ====================       =====================

</TABLE>


NOTE 3 - COMPREHENSIVE INCOME

Total comprehensive income consists of the following for the three months ended
March 31, 2006 and 2005:

<TABLE>

                                                    Three Months Ended March 31,
                                                 ------------------------------------
                                                       2006               2005
                                                 -----------------  -----------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Net income                                              $ 695,000          $ 631,100
Other comprehensive income (loss)                         (42,700)          (461,600)
                                                 -----------------  -----------------

Total comprehensive income                              $ 652,300          $ 169,500
                                                 =================  =================

</TABLE>


<PAGE>



NOTE 3 - COMPREHENSIVE INCOME (concluded)

The following is a reconciliation of the related tax effects allocated to each
component of other comprehensive income at March 31, 2006 and 2005.

<TABLE>

                                                    Three Months Ended March 31,
                                                 ------------------------------------
                                                       2006               2005
                                                 -----------------  -----------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Unrealized gains (losses) on
      available-for-sale securities:
Unrealized holding gains (losses)
      arising during the period                         $(102,000)        $ (634,600)
Less: reclassification adjustment
      for gain included in income                            -               (90,400)
                                                 -----------------  -----------------

Total other comprehensive gain (loss)
     before tax effect                                   (102,000)          (725,000)

Tax benefit (expense)                                      59,300            263,400
                                                 -----------------  -----------------

Net unrealized gain (loss)                              $ (42,700)        $ (461,600)
                                                 =================  =================

</TABLE>



NOTE 4 - SEGMENT INFORMATION

Segment information consists of the following for the three months ended March
31, 2006 and 2005:

<TABLE>

                                                                                          Elimination of
                                                                                           Intersegment
(In thousands)                               Virginia      Maryland          Other         Transactions           Total
                                          ------------- --------------  --------------    ----------------    --------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Net Interest Income:
     Three months ended March 31, 2006       $  1,620       $    447           $    (60)       $     135            $  2,142
     Three months ended March 31, 2005       $  1,528       $    395           $    261        $    (111)           $  2,073

Assets:
     March 31, 2006                          $194,499       $ 48,258           $ 47,275        $ (35,200)           $254,832
     December 31, 2005                       $186,922       $ 46,145           $ 45,042        $ (30,690)           $247,419


</TABLE>


<PAGE>



NOTE 5 - 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.

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 2005. 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,
2005.


<TABLE>


                                                   Three Months Ended
                                                        March 31,
                                                          2005
                                                   -------------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


(Dollars in thousands, except per share data)

Net income, as reported                                   $ 631,100
Deduct:
             Total stock-based employee
             compensation expense
             determined under fair value
             based method for all awards,
             net of related tax effects                     (72,800)
                                                     ---------------

Pro forma net income                                      $ 558,300
                                                     ===============

Earnings per share:

Basic - as reported                                       $    0.31
                                                     ===============
Basic - pro forma                                         $    0.27
                                                     ===============

Diluted - as reported                                     $    0.30
                                                     ===============
Diluted - pro forma                                       $    0.27
                                                     ===============


</TABLE>


On January 1, 2006, the Company adopted SFAS 123(r), Share-Based Payment. The
standard eliminated the ability to account for share-based compensation
transactions under the intrinsic value method and required that such
transactions be accounted for using a fair value-based method which results in
the recognition of compensation expense in the Company's statement of income.
For the three months ended March 31, 2006, the Company recognized $40,300 of
such expense.


NOTE 6 - SUBSEQUENT EVENT

During April 2006, the Company declared a $0.07 per share quarterly cash
dividend on its common stock payable on May 1, 2006 to shareholders of record on
April 24, 2006.


<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, 2006 was $695,000, or $0.33 per
diluted share, compared to net income of $631,100, or $0.30 per diluted share,
for the same period of the prior year. Noninterest income drove earnings growth
during the quarter with an increase of 52.3% for the three months ended March
31, 2006. Growth in deposit account fees accounted for the majority of this
increase. Earnings also benefited during the first three months of 2006 from
increased commissions generated by the company's investment subsidiary, growth
in net interest income caused by increased loan production and continued strong
asset quality. Other factors impacting earnings include increased employee
compensation and benefits expense, increased costs associated related to growth
in the Bank's ATM network and internet banking products and an increase in
professional fees associated with meeting the requirements of Sarbanes-Oxley.

Net Interest Income

Net interest income increased 3.3% to $2.14 million for the three months ended
March 31, 2006, compared to $2.07 million for the same period in 2005. Net
interest income benefited from an increase in loans which averaged $198.7
million during the quarter ended March 31, 2006, compared to $179.0 million for
the 2005 quarter. Growth in the residential real estate loan portfolio remained
strong with an increase in average balances of 17.3%. The Company's net interest
margin was 3.70% for the three months ended March 31, 2006, compared to 3.80%
for the 2005 three month period. The decrease in net interest margin over 2005
resulted primarily from the flat yield curve during a period of rising
short-term interest rates.

Average earning assets for the three month period ending March 2006 increased
$13.2 million over the March 2005 period. Residential real estate loan growth
realized the largest increase with average total loans $16.1 million higher
during the March 2006 three month period as compared to the same period of 2005.
Average commercial loans increased $3.3 million, while other loan categories
were flat during the period. Average investment securities declined $6.3 million
during the period, reflecting the liquidity demands generated by the loan
growth. Average total deposits decreased by $5.7 million, primarily resulting
from increased competition in the Bank's markets. During the three month period
ended March 31, 2006, average interest-bearing checking and savings demand
deposits declined $5.5 million when compared to the March 2005 period. Decreases
in the Bank's money market product accounted for the majority of this decline
due to increased rate competition from other banks, brokerage firms and
insurance companies for all deposit products. During the March 2006 quarter,
average time deposit balances were relatively flat at $88.5 million, as compared
to the 2005 period. The Company relied on Federal Home Loan Bank ("FHLB")
advances to fund liquidity shortfalls during the period. Accordingly, average
FHLB advances increased $16.9 million during the period ended March 31, 2006 as
compared to the March 2005 period.

Interest and dividend income was $3.50 million for the three month period ended
March 31, 2006, representing an increase of 15.6% over the comparable 2005
amount. Continued loan growth and improving interest rates on loans positively
impacted interest and dividend income during the period. Loan yields improved by
43 basis points from March 2005 to March 2006, while investment yields increased
by 35 basis points over the same period.


<PAGE>



An 85.5% increase in average FHLB advances and rising interest rates contributed
to interest expense increasing 42.5% to $1.35 million for the three month period
ended March 31, 2006. Market pressures continue to force the Bank to raise its
deposit rates in order to grow the Company. The average rate on interest-bearing
liabilities for the three months ended March 31, 2006 was 2.72%, compared to
2.01% incurred in 2005. Interest rates on time deposit accounts and FHLB
advances represented the greatest impact on the Bank's cost of funding by
increasing 64 basis points and 197 basis points, respectively, while checking
and savings deposit costs declined 5 basis points during the 2006 three month
period as compared to the 2005 period.


<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, and 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,
                                      --------------------------------------------------------------------------
                                                      2006                                  2005
                                      ------------------------------------    ----------------------------------
                                        Average      Income/     Yield/       Average      Income/     Yield/
(In Thousands)                          Balance      Expense      Rate        Balance      Expense      Rate
                                      -----------   ---------  ----------    ---------    ---------  ----------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Assets:
       Securities (1)                 $   32,021   $      357       4.46%   $   38,332   $      394       4.11%
       Loans (net of unearned income):
            Real estate mortgage         109,244        1,590       5.82%       93,128        1,323       5.68%
            Commercial                    71,306        1,196       6.71%       67,988        1,042       6.13%
            Home equity lines             15,560          290       7.46%       15,661          218       5.57%
            Consumer                       2,605           59       9.06%        2,269           49       8.64%
                                        ---------    ---------                ---------    ---------
                Total loans              198,715        3,135       6.31%      179,046        2,632       5.88%
       Interest-bearing deposits
            in other banks                 2,518           21       3.34%        2,664           15       2.25%
                                        ---------                             ---------
                                                     ---------                             ---------
                Total earning assets     233,254        3,513       6.02%      220,042        3,041       5.53%
                                                     ---------                             ---------
       Less: allowance for loan losses    (2,869)                               (2,432)
       Total nonearning assets            19,181                                19,309
                                        ---------                             ---------
       Total assets                   $  249,566                            $  236,919
                                        =========                             =========

Liabilities
       Interest-bearing deposits:
            Checking and savings      $   73,909   $      123       0.67%   $   79,391   $      142       0.72%
            Time deposits                 88,481          811       3.67%       89,687          679       3.03%
                                        ---------    ---------                ---------    ---------

                Total interest-bearing
                deposits                 162,390          934       2.30%      169,078          821       1.94%

       FHLB advances                      36,668          420       4.58%       19,764          129       2.61%
                                        ---------    ---------                ---------    ---------
                Total interest-bearing
                liabilities              199,058        1,354       2.72%      188,842          950       2.01%
                                                     ---------                             ---------
       Non-interest bearing liabilities:
            Demand deposits               25,990                                25,028
            Other liabilities                393                                   753
                                        ---------                             ---------

       Total liabilities                 225,441                               214,623
       Stockholders' equity               24,125                                22,296
                                        ---------                             ---------

       Total liabilities and
         stockholders equity          $  249,566                            $  236,919
                                        =========                             =========

       Net interest income (1)                     $    2,159                            $    2,091
                                                     =========                             =========

       Interest rate spread (1)(2)(3)                               3.30%                                 3.52%
       Net interest margin (1)(2)(4)                                3.70%                                 3.80%



(1)      Tax  equivalent  basis.  The tax  equivalent  adjustment  to net interest  income was $17,000 and $18,000 for the three
         months ended March 31, 2006 and 2005, 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>


Interest Sensitivity

Management evaluates interest rate sensitivity periodically through the use of
an asset/liability management reporting model. Using this model, management
determines the overall magnitude of interest sensitivity risk and then
formulates strategies governing asset generation and pricing, funding sources
and pricing, and off-balance-sheet commitments in order to reduce 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.

An important element of the Company's asset/liability management process is
monitoring its 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 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 an asset or liability at
maturity, or by adjusting the interest rate during the life of an asset or
liability. Matching the amounts of assets and liabilities maturing in the same
time interval helps to hedge the risk and minimize the impact on net interest
income in periods of rising or falling interest rates.

The following table presents the Company's interest sensitivity position at
March 31, 2006. This one-day position, which continually is changing, is not
necessarily indicative of the Company's position at any other time.


<PAGE>

<TABLE>

                                                  Interest Sensitivity Analysis

                                                                                March 31, 2006
                                               --------------------------------------------------------------------------------
                                                   Within           91-365          1 to 5           Over
(In Thousands)                                     90 Days           Days            Years          5 Years          Total
                                               --------------   --------------  --------------  --------------   --------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Interest-Earning Assets:
       Loans (1)                                $    49,967      $    49,836     $    95,359     $     7,903      $   203,065
       Securities                                     5,097            2,759          21,231           3,915           33,002
       Money market and other
           short term securities                      3,152             -               -               -               3,152
       Other earning assets                            -                -               -              3,451            3,451
                                               --------------   --------------  --------------  --------------   --------------

       Total earning assets                     $    58,216      $    52,595     $   116,590     $    15,269      $   242,670
                                               ==============   ==============  ==============  ==============   ==============
       Cumulative earning assets                $    58,216      $   110,811     $   227,401     $   242,670      $   242,670
                                               ==============   ==============  ==============  ==============   ==============


Interest-Bearing Liabilities:
       Money market savings                     $    20,616      $      -        $      -        $      -         $    20,616
       Interest checking (2)                           -                -             27,697            -              27,697
       Savings (2)                                    2,305              648          19,916            -              22,869
       Certificates of deposit                        8,353           47,326          39,264           1,056           95,999
       FHLB advances                                 22,000            2,000          12,000             533           36,533
                                               --------------   --------------  --------------  --------------   --------------

       Total interest-bearing liabilities       $    53,274      $    49,974     $    98,877     $     1,589      $   203,714
                                               ==============   ==============  ==============  ==============   ==============
       Cumulative interest-bearing liabilities  $    53,274      $   103,248     $   202,125     $   203,714      $   203,714
                                               ==============   ==============  ==============  ==============   ==============

       Period gap                               $     4,942      $     2,621     $    17,713     $    13,680      $    38,956
       Cumulative gap                           $     4,942      $     7,563     $    25,276     $    38,956      $    38,956
       Ratio of cumulative interest-earning
           assets to interest-bearing liabilities    109.28%          107.33%         112.51%         119.12%          119.12%
       Ratio of cumulative gap to total
           earning assets                              2.04%            3.12%          10.42%          16.05%           16.05%



(1)  Includes nonaccrual loans of $904,000, 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 as sensitive to changes in related market rates
     and, therefore, they are placed in the 1 to 5 years category.

</TABLE>


Noninterest Income

Noninterest income was $795,400 during the three months ended March 31, 2006,
representing a 52.3% increase over the $522,200 earned for the same period in
2005. Excluding $90,400 of gains on sales of securities realized during the
March 2005 quarter, core noninterest income increased $363,600 or 84.2%. Growth
in deposit account fees resulting from additional product offerings accounted
for the majority of this increase. Deposit account fees were $592,600 for the
three months ended March 31, 2006, representing a 105.8% increase over the
$288,000 of deposit account fees realized during the March 2005 quarter. The
company's noninterest income also benefited from its investment subsidiary
operations which earned commissions of $78,400 during the 2006 quarter, compared
to $31,200 for the 2005 quarter.

Provision for Loan Losses

Provision for loan losses was $39,900 for the three month period ended March 31,
2006, compared to $78,200 for the same period of 2005. With asset quality
remaining strong during the quarter, management considers the allowance for loan
loss to be commensurate with the risk existing in the bank's loan portfolio. See
Asset Quality for additional discussion relating to the allowance for loan
losses.


<PAGE>



Noninterest Expense

Noninterest expenses were $1.89 million for the three months ended March 31,
2006, compared to $1.60 million during the same period of 2005, representing an
increase of 18.1%. Employee compensation and benefits expense accounted for a
significant portion of the increase in noninterest expense, $40,300 of which
related to the expensing of employee stock options granted during March 2006.
Employee compensation and benefits expense was also impacted by increases in
personnel and normal salary adjustments that have occurred over the past year.
Other increases in expenses primarily relate to growth in the bank's ATM network
and internet banking product and additional professional fees resulting from
costs associated with meeting the requirements of Sarbanes-Oxley.

Financial Condition

During the three months ended March 31, 2006, the Company's assets increased by
$7.4 million from $247.4 million at December 31, 2005 to $254.8 million at March
31, 2006. Growth in net loans of $7.5 million accounted for this increase while
other asset categories remained relatively flat during the period. Favorable
market conditions continued to benefit loan volumes.

Deposits grew to $193.6 million from December 2005 to March 2006.
Interest-bearing demand, savings and time deposit account balances increased by
a total of $7.1 million, while noninterest-bearing deposits declined by $2.5
million. FHLB advances were used to fund liquidity shortfalls during the period,
increasing by $2.5 million during the quarter.

Stockholders' equity was $24.2 million at March 31, 2006, representing an
increase of $569,100 since December 31, 2005. Comprehensive income benefited
from $695,000 of net income during the three month period, but the increase in
interest rates caused the value of the Company's investment portfolio to decline
by $42,700 (net of the tax effect). The Company also paid common stock dividends
of $145,200 ($0.07 per share) during the period.

During April 2006, the Company declared a $0.07 per share quarterly cash
dividend on its common stock payable on May 1, 2006 to shareholders of record on
April 24, 2006.

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 until it has remained current for six months.

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 $904,000 at March 31, 2006, compared to $1.1
million at December 31, 2005. As to nonaccrual loans existing at March 31, 2006,
approximately $12,000 of interest income would have been recognized during the
three months then ended if interest thereon had accrued. The Company has
identified $350,000 of 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. Impaired loans have a valuation allowance
allocation of $52,500 at March 31, 2006.


<PAGE>



At March 31, 2006, all loans 60 days or more delinquent, including nonperforming
loans, totaled $1.1 million. In addition, other performing loans, totaling $3.0
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 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)                                                                 2006                     2005
                                                                       ----------------------  ------------------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Nonaccrual loans:
       Commercial                                                        $                98      $                194
       Real estate mortgage                                                              739                       811
       Home equity lines of credit                                                        25                        -
       Consumer                                                                           42                        59
                                                                           ------------------       -------------------

       Total nonaccrual loans                                                            904                     1,064
Other real estate owned                                                                   -                         -
                                                                           ------------------       -------------------

       Total nonperforming assets                                        $               904      $              1,064
                                                                           ==================       ===================

Loans past due 90 or more days
       accruing interest                                                                  -                         -
Allowance for loan losses to
       nonaccrual loans                                                               317.15%                   267.95%
Nonperforming assets to period end
       loans and other real estate owned                                                0.45%                     0.56%


</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)                                                                   2006                      2005
                                                                           ------------------       -------------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Balance, beginning of period                                             $             2,851      $              2,404
Loans charged off:
       Commercial                                                                       -                         -
       Real estate mortgage                                                             -                         -
       Consumer                                                                          (48)                       (6)
                                                                           ------------------       -------------------

       Total loans charged-off                                                           (48)                       (6)
                                                                           ------------------       -------------------

Recoveries:
       Commercial                                                                       -                         -
       Real estate mortgage                                                             -                         -
       Consumer                                                                           24                         6
                                                                           ------------------       -------------------

       Total recoveries                                                                   24                         6
                                                                           ------------------       -------------------

Net recoveries (charge-offs)                                                             (24)                     -
Provision for loan losses                                                                 40                        78
                                                                           ------------------       -------------------

Balance, end of period                                                   $             2,867      $              2,482
                                                                           ==================       ===================

Allowance for loan losses to loans
       outstanding at end of period                                                     1.41%                     1.36%

Allowance for loan losses to nonaccrual
       loans outstanding at end of period                                             317.15%                   332.71%

Net charge-offs (recoveries) to average loans
       outstanding during period                                                        0.01%                     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. In addition to
liquid assets, the Company maintains several lines of credit with other
institutions to support liquidity, the largest of which is with the Federal Home
Loan Bank of Atlanta. The Company's ability to obtain deposits and purchase
funds at favorable rates determines its liability liquidity.




<PAGE>




At March 31, 2006, the Company had outstanding loan, line of credit and letter
of credit commitments of $46.0 million. Scheduled maturities of certificate of
deposits during the twelve months following March 31, 2006 amounted to $55.7
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 decreased $762,900 for the three months ended
March 31, 2006, compared to a decrease of $2.1 million for the three months
ended March 31, 2005. Net cash from operating activities was $664,100 for the
three months ended March 31, 2006, compared to $628,800 during the same period
of 2005. The changes reflect the earnings growth experienced during the quarter
and other fluctuations in normal operating activities.

Net cash used in investing activities was $8.4 million during the three months
ended March 31, 2006, compared to net cash used in investing activities of $5.5
million for the three months ended March 31, 2005. Stronger loan growth during
the first three months of 2006 than what occurred during 2005 constituted the
majority of the difference.

Net cash from financing activities was $7.0 million for the three months ended
March 31, 2006, compared to net cash from financing activities of $2.8 million
for the three months ended March 31, 2005. Greater growth in time deposits
during the March 2006 quarter represented the majority of this increase.

The Company is subject to various capital requirements administered by the
regulatory 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 paid $1,000,000 in dividends to the Company during the three months
ended March 31, 2006. The Bank did not pay dividends to the Company during the
first three months of 2005. At March 31, 2006, the Bank's retained earnings
available for the payment of dividends was $4.5 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, 2006, 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, 2006 and December 31, 2005.


<TABLE>


                                          Analysis of Capital

                                                                     March 31,          December 31,
(In Thousands)                                                         2006                 2005
                                                                 ------------------  -------------------
<S>     <C>    <C>    <C>    <C>    <C>    <C>


Tier 1 Capital:
       Common stock                                               $            685     $            685
       Additional paid-in capital                                            8,329                8,267
       Retained earnings                                                    15,181               14,632
       Accumulated other comprehensive income                                    3                   45
                                                                    ---------------      ---------------
             Total capital (GAAP)                                           24,198               23,629
       Less: Intangibles                                                      (448)                (464)
       Net unrealized gain on debt and equity securities                        (3)                 (45)
                                                                    ---------------      ---------------
             Total Tier 1 capital                                           23,747               23,120


Tier 2 Capital:
       Allowable allowances for loan losses                                  2,228                2,152
       Net unrealized gains on equity securities                               169                  161
                                                                    ---------------      ---------------
             Total Tier 2 capital                                 $         26,144     $         25,433
                                                                    ===============      ===============

Risk-weighted assets                                              $        182,440     $        174,986

Capital Ratios:
       Tier 1 risk-based capital ratio                                       13.02%               13.21%
       Total risk-based capital ratio                                        14.33%               14.53%
       Tier 1 capital to average adjusted
             total assets                                                     9.53%                9.44%


</TABLE>





Item 3 - Quantitative and Qualitative Disclosures about Market Risk

The Company uses a third party provider to perform computer modeling
methodologies that assist in determining the overall magnitude of interest
sensitivity risk. Based on these methodologies, management formulates policies
governing asset generation and pricing, funding sources and pricing, and
off-balance-sheet commitments in order to reduce sensitivity risk. Management
considers the current interest rate environment, the state of the local and
national economy and other financial and business risk factors when making these
decisions.

The modeling methodologies used measure interest rate sensitivity by analyzing
the potential impact on net interest income under various interest rate
scenarios. One such scenario would assume a hypothetical 200 basis point
instantaneous and parallel shift in the interest rate yield curve. Accordingly,
management modeled the impact of a 200 basis point decline in interest rates and
a 200 basis point increase in interest rates at March 31, 2006. In the model, a
200 basis point instantaneous and parallel decrease in the yield curve in
interest rates would cause net interest income to decrease by $198,000, while a
200 basis point instantaneous and parallel increase in the yield curve in
interest rates would cause net interest income to increase by $30,000.


<PAGE>



The computer model uses a standard algebraic formula for calculating present
value. The calculation discounts the future cash flows of the Company's
portfolio of interest rate sensitive instruments to present value utilizing
techniques designed to approximate current market rates for securities, current
offering rates for loans, and the cost of alternative funding for the given
maturity of deposits and then assumes an instantaneous and parallel shift in
these rates. The difference between these numbers represents the resulting
hypothetical change in the fair value of interest rate sensitive instruments.

As with any modeling techniques, certain limitations and shortcomings are
inherent in the Company's methodology. Significant assumptions must be made in
the calculation including: (1) growth in volume or balance sheet mix; (2)
constant market interest rates reflecting the average rate from the last month
of the given quarter; and (3) pricing spreads to market rates derived from an
historical analysis, or from assumptions by instrument type. Additionally, the
computations do not contemplate certain actions management could undertake in
response to changes in interest rates.


Item 4 - 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 quarter. 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.

Controls and other procedures 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 1A - Risk Factors

There has been no material changes in the risk factors as previously disclosed
in response to Item 1A. Part I of the Company's December 31, 2005 Form 10-K.

Item 2 - Unregistered Sales of Equity Securities and Use of Proceeds

None.

Item 3 - Defaults Upon Senior Securities

Not applicable.

Item 4 - Submission of Matters to a Vote of Stockholders

None.

Item 5 - Other Information

None.

Item 6 - Exhibits

(a)      Certifications pursuant to subsections 302 and 906 of the
         Sarbanes-Oxley Act of 2002.
(b)      Form 8-K was filed during April 2006 relative to the Company's
         March 31, 2006 earnings release dated April 18, 2006.


<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 12, 2006
-------------------------------------------------------------------
Scott C. Harvard
President and
Chief Executive Officer

/s/ Steven M. Belote                                               May 12, 2006
-------------------------------------------------------------------
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-Q 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 12, 2006
                                     /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-Q 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 12, 2006
                                     /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-Q for the three months ended March 31, 2006 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 12, 2006





This certificate accompanies this Quarterly Report on Form 10-Q 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-Q for the three months ended March 31, 2006 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 12, 2006





This certificate accompanies this Quarterly Report on Form 10-Q 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.