---
schema_version: "secwatch.filing_event.v1"
accession: "0001750735-25-000030"
form_type: "8-K"
ticker: "MRBK"
cik: "0001750735"
company_name: "Meridian Corp"
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T05:56:23.513589+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Meridian Q1 net income $2.4M ($0.21 EPS) down 10% YoY; quarterly dividend $0.125

## Summary
- Net income $2.4M, diluted EPS $0.21 vs $0.24 YoY; net interest income $19.8M, up from $16.6M YoY.
- Pre-provision net revenue $8.4M, up 30.2% YoY; net interest margin improved to 3.46% from 3.15% a year ago.
- Non-performing loans rose $7.1M to $52.2M (2.49% of loans) driven by distressed SBA loans; provision for credit losses was $5.2M.
- Deposits grew $123.4M (6%) QoQ; non-interest-bearing deposits up $82.6M (34%); total assets $2.53B.
- Board declared $0.125 per share quarterly cash dividend, payable May 19, 2025 to holders of record May 12, 2025.

## SEC filing metadata
- accession: 0001750735-25-000030
- form_type: 8-K
- ticker: MRBK
- cik: 0001750735
- company_name: Meridian Corp
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1750735/000175073525000030/0001750735-25-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750735/000175073525000030/mrbk-20250425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001750735-25-000030
- JSON: https://secwatch.observer/filing/0001750735-25-000030.json
- Plain text: https://secwatch.observer/filing/0001750735-25-000030.txt

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