---
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"
generated_at: "2026-05-14T23:57:06.856607+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.92
calibrated_materiality_score: 0.92
confidence: "high"
source: SEC EDGAR
---

# Meridian revises Q1 net income down $2.7M to $2M after $3.9M charge-off on participated loan

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.92
- calibrated_materiality_score: 0.92
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001750735-26-000046
- JSON: https://secwatch.observer/filing/0001750735-26-000046.json
- Plain text: https://secwatch.observer/filing/0001750735-26-000046.txt

## Key facts
- Earnings Releases
  Meridian Corp reported the quarter ended March 31, 2026 results: net income $2.0 million, EPS $0.17 per diluted share.
  - Period: the quarter ended March 31, 2026
  - Net income: $2.0 million
  - EPS: $0.17 per diluted share
  - Result: reported results
  source text: Net income for the quarter ended March 31, 2026 was $2.0 million, or $0.17 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750735/000175073526000046/0001750735-26-000046-index.htm

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