{"schema_version":"secwatch.filing_event.v1","accession":"0001750735-24-000003","form_type":"8-K","ticker":"MRBK","cik":"0001750735","company_name":"Meridian Corp","filed_at":"2024-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.392401+00:00","generated_at":"2026-06-06T16:37:29.072223+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Meridian Q4 net income $571K ($0.05 EPS), down 86% from Q3; provision spikes to $4.6M","bullets":["Net income $571K vs $4.005M in Q3; diluted EPS $0.05 vs $0.35. Net interest income $16.94M, down 1.6% QoQ.","Provision for credit losses surged to $4.6M from $82K, driven by $3.9M in specific reserves on commercial/SBA loans.","Non-performing loans to total loans increased to 1.76% from 1.53%; net charge-offs $2.2M (0.11% of avg loans).","Board declared $0.125/share quarterly dividend, payable Feb 20 to holders of record Feb 12.","CEO cites deterioration in one commercial credit and impact of higher rates on SBA/leasing businesses."],"urls":{"canonical":"https://secwatch.observer/filing/0001750735-24-000003","json":"https://secwatch.observer/filing/0001750735-24-000003.json","markdown":"https://secwatch.observer/filing/0001750735-24-000003.md","text":"https://secwatch.observer/filing/0001750735-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750735/000175073524000003/0001750735-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750735/000175073524000003/mrbk-20240126.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T16:37:29.072223+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":"80c9590f49b0d3f5c33a0c8b09b59c8c210673d5","claim":"Meridian Corp reported the quarter ended December 31, 2023 results: net income $571 thousand, EPS $0.05 per diluted share.","evidence_excerpt":"On January 26, 2024 Meridian Corporation issued a press release discussing the Corporation’s Fourth Quarter 2023 Results.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1750735/000175073524000003/0001750735-24-000003-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"$571 thousand"},{"label":"EPS","value":"$0.05 per diluted share"},{"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"}