---
schema_version: "secwatch.filing_event.v1"
accession: "0001750735-22-000009"
form_type: "8-K"
ticker: "MRBK"
cik: "0001750735"
company_name: "Meridian Corp"
filed_at: "2022-05-02T23:59:59+00:00"
generated_at: "2026-06-26T02:08:37.445807+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Meridian reports Q1 net income $5.5M ($0.88 EPS); loan growth 26% annualized; dividend $0.20

## Summary
- Net income of $5.5M, diluted EPS $0.88, down from $10.2M ($1.65) in Q1 2021; revenue $31.1M.
- Net interest margin improved to 3.89% from 3.83% Q4; portfolio loan growth ex-PPP $84.1M (26% annualized).
- Total deposits grew $118.4M to $1.6B; non-interest bearing deposits up $16.9M to $291.4M.
- Quarterly cash dividend of $0.20/share declared, payable May 23 to holders of record May 16, 2022.
- Non-interest income fell $13.9M (51.6%) YoY largely due to lower mortgage banking revenue ($17.0M decrease).

## SEC filing metadata
- accession: 0001750735-22-000009
- form_type: 8-K
- ticker: MRBK
- cik: 0001750735
- company_name: Meridian Corp
- filed_at: 2022-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750735/000175073522000009/0001750735-22-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750735/000175073522000009/mrbk-20220502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001750735-22-000009
- JSON: https://secwatch.observer/filing/0001750735-22-000009.json
- Plain text: https://secwatch.observer/filing/0001750735-22-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.