---
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"
generated_at: "2026-06-06T16:37:29.072223+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Meridian Q4 net income $571K ($0.05 EPS), down 86% from Q3; provision spikes to $4.6M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001750735-24-000003
- JSON: https://secwatch.observer/filing/0001750735-24-000003.json
- Plain text: https://secwatch.observer/filing/0001750735-24-000003.txt

## Key facts
- Earnings Releases
  Meridian Corp reported the quarter ended December 31, 2023 results: net income $571 thousand, EPS $0.05 per diluted share.
  - Period: the quarter ended December 31, 2023
  - Net income: $571 thousand
  - EPS: $0.05 per diluted share
  - Result: reported results
  source text: On January 26, 2024 Meridian Corporation issued a press release discussing the Corporation’s Fourth Quarter 2023 Results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750735/000175073524000003/0001750735-24-000003-index.htm

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