---
schema_version: "secwatch.filing_event.v1"
accession: "0001750735-24-000028"
form_type: "8-K"
ticker: "MRBK"
cik: "0001750735"
company_name: "Meridian Corp"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:35:54.035570+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Meridian Corp Q1 net income $2.7M ($0.24 EPS) vs $0.6M in Q4; NIM 3.09%

## Summary
- Net income $2.676M ($0.24 diluted EPS) vs $571K ($0.05) in Q4 2023 and $4.021M ($0.34) in Q1 2023.
- Net interest margin contracted to 3.09% from prior quarter; loan yield 7.24%.
- Total loans grew 3.3% QoQ to $1.96B; commercial loans up 5%.
- Non-performing loans ratio increased to 1.93% vs 1.76% in Q4.
- Board declared quarterly dividend of $0.125/share payable May 20.

## SEC filing metadata
- accession: 0001750735-24-000028
- form_type: 8-K
- ticker: MRBK
- cik: 0001750735
- company_name: Meridian Corp
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750735/000175073524000028/0001750735-24-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750735/000175073524000028/mrbk-20240426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001750735-24-000028
- JSON: https://secwatch.observer/filing/0001750735-24-000028.json
- Plain text: https://secwatch.observer/filing/0001750735-24-000028.txt

## Key facts
- Earnings Releases
  Meridian Corp reported First Quarter 2024 results: net income $ 2,676, EPS $ 0.24.
  - Period: First Quarter 2024
  - Net income: $ 2,676
  - EPS: $ 0.24
  - Result: reported results
  source text: Meridian Corporation Reports First Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share. MALVERN, PA., April 26, 2024 — Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended (Dollars in thousands, except per share data)((Unaudited) March 31, 2024 December 31, 2023 March 31, 2023 Income: Net income $ 2,676 $ 571 $ 4,021 Diluted earnings per common share $ 0.24 $ 0.05 $ 0.34
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750735/000175073524000028/0001750735-24-000028-index.htm

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