---
schema_version: "secwatch.filing_event.v1"
accession: "0001750735-23-000081"
form_type: "8-K"
ticker: "MRBK"
cik: "0001750735"
company_name: "Meridian Corp"
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:09:58.504236+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Meridian Corp Q3 EPS $0.35 vs $0.41 Q2; NIM 3.29%, NPL ratio 1.53%

## Summary
- Net income $4.0M, diluted EPS $0.35 vs Q2 $4.6M and $0.41; ROAA 0.73%, ROAE 10.17%
- Net interest margin 3.29%, down 4 bps QoQ; loan yield 7.08%
- Total loans +$25.3M (1.4%) and deposits +$26.0M (1.5%) sequentially
- Non-performing loans to total loans 1.53% vs 1.44% prior; net charge-offs 0.05%
- Quarterly dividend $0.125/share, payable Nov 20; raised $9.7M sub-debt at 8%

## SEC filing metadata
- accession: 0001750735-23-000081
- form_type: 8-K
- ticker: MRBK
- cik: 0001750735
- company_name: Meridian Corp
- filed_at: 2023-10-27T23:59:59+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/1750735/000175073523000081/0001750735-23-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750735/000175073523000081/mrbk-20231027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001750735-23-000081
- JSON: https://secwatch.observer/filing/0001750735-23-000081.json
- Plain text: https://secwatch.observer/filing/0001750735-23-000081.txt

## Key facts
- Earnings Releases
  Meridian Corp reported Third Quarter 2023 results: net income Net income of $4.0 million and diluted earnings of $0.35 per share for the third quarter ended September 30, 2023., EPS diluted earnings of $0.35 per share.
  - Period: Third Quarter 2023
  - Net income: Net income of $4.0 million and diluted earnings of $0.35 per share for the third quarter ended September 30, 2023.
  - EPS: diluted earnings of $0.35 per share
  - Result: reported results
  source text: Meridian Corporation Reports Third Quarter 2023 Results and Announces a Quarterly Dividend of $0.125 per Common Share. MALVERN, PA., October 27, 2023 — Meridian Corporation (Nasdaq: MRBK) today reported: • Net income of $4.0 million and diluted earnings of $0.35 per share for the third quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750735/000175073523000081/0001750735-23-000081-index.htm

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