{"schema_version":"secwatch.filing_event.v1","accession":"0001750735-26-000046","form_type":"8-K/A","ticker":"MRBK","cik":"0001750735","company_name":"Meridian Corp","filed_at":"2026-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.850264+00:00","generated_at":"2026-05-14T23:57:06.856607+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.92,"calibrated_materiality_score":0.92,"confidence":"high","headline":"Meridian revises Q1 net income down $2.7M to $2M after $3.9M charge-off on participated loan","bullets":["Revised Q1 2026 net income of $2.0M ($0.17 EPS), down from originally reported $4.7M ($0.41 EPS).","Lead participant bank placed a participated loan on nonaccrual; updated appraisal showed significantly lower collateral value.","Charge-off of $3.9M recorded on the loan; additional $3.5M provision for credit losses recognized.","Non-performing loans rose to $58.7M (2.64% of total loans) at March 31, up from $55.1M (2.50%) at Dec 31, 2025.","Loan secured by 190k sq ft Class A office property in Bucks County, PA; large tenant loss cited as cause."],"urls":{"canonical":"https://secwatch.observer/filing/0001750735-26-000046","json":"https://secwatch.observer/filing/0001750735-26-000046.json","markdown":"https://secwatch.observer/filing/0001750735-26-000046.md","text":"https://secwatch.observer/filing/0001750735-26-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1750735/000175073526000046/0001750735-26-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1750735/000175073526000046/mrbk-20260423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:57:06.856607+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"de50728f0e8d00b986e664245021ccb3b5c4b0c3","claim":"Meridian Corp reported the quarter ended March 31, 2026 results: net income $2.0 million, EPS $0.17 per diluted share.","evidence_excerpt":"Net income for the quarter ended March 31, 2026 was $2.0 million, or $0.17 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1750735/000175073526000046/0001750735-26-000046-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Net income","value":"$2.0 million"},{"label":"EPS","value":"$0.17 per diluted share"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}