secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Corp (MRBK)
CIK:        0001750735
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001750735-22-000071
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meridian Q3 net income $5.8M, EPS $0.96; loan growth ex-PPP up $69.1M
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- Net income $5.8M, diluted EPS $0.96 flat QoQ; revenue $33.2M.
- Net interest margin 4.01% (down 6 bps QoQ); commercial loan growth ex-PPP $69.1M.
- Non-interest income $10.2M (-1.7% QoQ); mortgage income +$387K on wider margins.
- Quarterly dividend $0.20/sh, payable Nov 21, record Nov 14, 2022.
- Repurchased 197,849 shares at avg $30.36 during Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750735/000175073522000071/0001750735-22-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750735/000175073522000071/q32022_earningsreleasex8k.htm
  HTML page:      https://secwatch.observer/filing/0001750735-22-000071

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