{"schema_version":"secwatch.filing_event.v1","accession":"0001750735-23-000038","form_type":"8-K","ticker":"MRBK","cik":"0001750735","company_name":"Meridian Corp","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.376111+00:00","generated_at":"2026-06-16T03:43:52.932170+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Meridian Corp Q1 net income $4.0M ($0.34 EPS), NIM 3.61%, loans up 4.7%","bullets":["Net income $4.0M ($0.34 diluted EPS) vs $4.6M ($0.39) in Q4 2022 and $5.5M ($0.44) a year ago.","Net interest margin 3.61%, down 32 bps from Q4 2022 (3.93%) on higher deposit costs.","Loans grew $80.8M (4.7% QoQ); deposits up $57.9M (3.4%), but non-interest bearing deposits fell $39.1M.","Non-performing loans ratio 1.25% vs 1.20% in Q4; net charge-offs $1.5M largely small equipment leases.","CECL adoption reduced retained earnings by $2.2M after-tax; quarterly dividend $0.125/share payable May 22."],"urls":{"canonical":"https://secwatch.observer/filing/0001750735-23-000038","json":"https://secwatch.observer/filing/0001750735-23-000038.json","markdown":"https://secwatch.observer/filing/0001750735-23-000038.md","text":"https://secwatch.observer/filing/0001750735-23-000038.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750735/000175073523000038/0001750735-23-000038-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750735/000175073523000038/mrbk-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:43:52.932170+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8a1ccbff329a8a57145d292199c87dff9ed86430","claim":"Meridian Corp reported first quarter ended March 31, 2023 results: revenue $37.6 million, net income $4.0 million, EPS $0.34.","evidence_excerpt":"$0.125 per common share, payable May 22, 2023 to shareholders of record as of May 15, 2023. Christopher J. Annas, Chairman and CEO commented “Meridian’s first quarter revenue of $37.6 million generated earnings of $4.0 million, or $0.34 per diluted share. The bank segment had strong performance with loan growth of 4.3% for the quarter while achieving net interest","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1750735/000175073523000038/0001750735-23-000038-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2023"},{"label":"Revenue","value":"$37.6 million"},{"label":"Net income","value":"$4.0 million"},{"label":"EPS","value":"$0.34"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}