secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Corp (MRBK)
CIK:        0001750735
Form:       8-K
Filed at:   2025-01-24T23:59:59+00:00
Accession:  0001750735-25-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meridian Corp Q4 net income $5.6M ($0.49 diluted EPS), up 18% QoQ; declares $0.125 dividend
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- Net income of $5.6M ($0.49 diluted EPS) for Q4 2024, up 18% from $4.7M ($0.42) in Q3 2024.
- Full-year net income $16.3M ($1.45 diluted EPS), up 23% from $13.2M ($1.16) in 2023.
- Q4 net interest margin improved to 3.29% (from 3.16% in Q3); loan yield 7.17%.
- Non-performing loans stable at $45.1M; net charge-offs rose to $7.1M (0.34% of avg loans) from $2.3M in Q3.
- Quarterly cash dividend of $0.125 per share declared, payable Feb 18, 2025 to holders of record Feb 10, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750735/000175073525000003/0001750735-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750735/000175073525000003/mrbk-20250124.htm
  HTML page:      https://secwatch.observer/filing/0001750735-25-000003

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