secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Corp (MRBK)
CIK:        0001750735
Form:       8-K
Filed at:   2023-01-30T23:59:59+00:00
Accession:  0001750735-23-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meridian Q4 net income $4.6M ($0.77 diluted EPS); full-year $21.8M ($3.58); dividend raised to $0.25
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- Q4 net income $4.6M, down from $5.8M in Q3; diluted EPS $0.77 vs $0.96.
- Net interest margin 3.93% vs 4.01% in Q3; net interest income up 2.7% to $18.5M.
- Non-interest income fell 21.8% to $8.0M, driven by mortgage (-46%) and SBA (-47%).
- Quarterly dividend increased to $0.25 per share, payable Feb 21, 2023.
- Credit quality stable: NPLs/loans 1.20% vs 1.40% in Q3; net charge-offs 0.05% of avg loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750735/000175073523000008/0001750735-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750735/000175073523000008/mrbk-20230130.htm
  HTML page:      https://secwatch.observer/filing/0001750735-23-000008

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