secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Corp (MRBK)
CIK:        0001750735
Form:       8-K
Filed at:   2022-01-31T23:59:59+00:00
Accession:  0001558370-22-000631
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meridian Corp reports Q4 2021 net income $7.7M, EPS $1.24; declares $1.00 special dividend
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- Q4 net income $7.7M, diluted EPS $1.24; FY 2021 net income $35.6M, up 35% YoY from $26.4M.
- Annualized net interest margin 3.77%; loan growth 19.5% YoY excluding PPP and mortgage loans held for sale.
- Total deposits $1.4B, non-interest bearing deposits 19% of total; cost of deposits declined 4 bps QoQ.
- Board declared $0.20 quarterly dividend and $1.00 special dividend, payable Feb 21, 2022 to record Feb 14, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750735/000155837022000631/0001558370-22-000631-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750735/000155837022000631/mrbk-20220131x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-000631

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