Exhibit 99.1

                   PRIOR YEAR 2000 READINESS DISCLOSURES


The following statement previously made by the Corporation is designated
as a "Year 2000 Readiness Disclosure" under the Year 2000 Information and
Readiness Disclosure Act.  This prior Year 2000 Readiness Disclosure was
based in part upon and repeated information provided by the Corporation's
customers, suppliers and other third parties without independent
verification by the Corporation.  This prior Year 2000 Readiness
Disclosure is superseded by the Year 2000 Readiness Disclosure in the
Quarterly Report on Form 10-Q for the period ended September 30, 1998.

1997 ANNUAL REPORT, INCORPORATED IN
ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1997

Shoreline is currently addressing a potential problem facing all users of
automated information systems.  The problem is how existing application
software programs and operating systems can accommodate the date value for
the year 2000.  Shoreline, by nature, is highly dependent upon computer
systems because of significant transaction volumes and date dependency for
interest calculations on financial instruments such as loans and deposits.

Shoreline developed and implemented a plan to address the year 2000 issue
during 1997.  The plan includes four general phases: raising awareness,
assessing existing systems, renovating or replacing non-compliant systems
and validating and testing.  As Shoreline does not develop or write its own
software systems, it must rely on third party vendors as a part of its
assessment phase to determine which of its systems may be vulnerable to
third parties' failure to resolve year 2000 issues.

Shoreline will continue to assess the impact of year 2000 issues on its
computer-based systems and applications throughout 1998.  Its goal is to
have all critical systems and applications compliant with the century
change by the fourth quarter of 1998, allowing for full validation and
testing during 1999.  Shoreline will incur costs associated with this
project in the form of personnel expense, professional fees and investments
in new or upgraded technology.  Based upon information currently available,
management does not presently anticipate that the costs to address year 200
issues will have a material impact on Shoreline's financial position,
results of operations or cash flows.