secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Corp (MRBK)
CIK:        0001750735
Form:       8-K
Filed at:   2022-02-03T23:59:59+00:00
Accession:  0001558370-22-000753
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meridian Corp reports Q4 2021 net income $7.7M; EPS $1.24; declares special $1.00 dividend
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- Net income $7.7M ($1.24 diluted EPS) vs $9.4M ($1.52) in Q3; total revenues $35.3M.
- ROA 1.74%, ROE 19.15%; seventh consecutive quarter with ROA >1.50% and ROE >19%.
- Loans (ex-PPP and held-for-sale) grew 2.8% QoQ and 19.5% YoY.
- Declared $1.00 special dividend payable Feb 21, 2022; also $0.20 quarterly dividend.
- Nonaccrual loans rose to 1.57% from 0.61% Q3; COVID deferrals fell to $2.4M from $24.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750735/000155837022000753/0001558370-22-000753-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750735/000155837022000753/mrbk-20220203x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-000753

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