secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Corp (MRBK)
CIK:        0001750735
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001750735-26-000033
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meridian Q1 net income $4.7M ($0.39 EPS), NIM 3.82%; declares $0.14 dividend
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- Net income $4.7M, diluted EPS $0.39; down 34% QoQ from $7.2M ($0.61) but up 96% YoY from $2.4M ($0.21).
- Net interest margin improved to 3.82% from 3.46% YoY; cost of funds declined to 3.04%.
- Pre-provision net revenue $10.1M, up 21% YoY; CEO says underlying operating performance is durable.
- Provision for credit losses $4.0M; net charge-offs $3.9M; NPLs $55.7M (2.50% of loans), 54% SBA-guaranteed.
- Quarterly dividend of $0.14 per share declared, payable May 11 to shareholders of record May 4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750735/000175073526000033/0001750735-26-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750735/000175073526000033/mrbk-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001750735-26-000033

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