secwatch.observer — SEC 8-K summary
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Issuer:     Meridian Corp (MRBK)
CIK:        0001750735
Form:       8-K
Filed at:   2026-07-30T21:05:13+00:00
Accession:  0001750735-26-000059
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Meridian Corp Q2 net income $5.8M ($0.48 EPS), NPLs surge to $82.1M; declares $0.14 dividend
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- Net income $5.8M ($0.48 diluted EPS) vs $2.0M ($0.17) in Q1 2026; PPNR $10.4M, up 3.6% QoQ.
- Non-performing loans jumped to $82.1M (3.68% of loans) from $58.7M; provision fell to $3.0M from $7.5M.
- Net charge-offs decreased to $2.6M from $7.8M; allowance for credit losses 0.99% of loans.
- Mortgage banking income rose 51.4% QoQ to $6.2M; SBA loan income up 310% to $615K.
- Board declared $0.14/share dividend, payable Aug 17, 2026, record Aug 10.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750735/000175073526000059/0001750735-26-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750735/000175073526000059/mrbk-20260730.htm
  HTML page:      https://secwatch.observer/filing/0001750735-26-000059

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