Meridian Corp shareholders approved A proposal to ratify the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the year ending December 31, 2026. at the 2026-05-28 meeting.
“The Corporation held its Annual Meeting of Shareholders on May 28, 2026 for the purpose of considering and acting upon the below proposals. 1. A proposal to elect three (3) directors as “Class C” directors of the Board, to serve a three-year term expiring in 2029. The shareholders of the Corporation elected the following Class C directors to each serve a three-year term expiring in 2029 by the following vote: Director Name Votes For Votes Withheld Christopher J. Annas 7,870,830 493,203 Edward J. Hollin 6,561,649 1,802,384 Anthony M. Imbesi 6,571,087 1,792,946 The following additional directors continued in office after the Annual Meeting: Robert M. Casciato, Christine M. Helmig, Robert T. Holland, Denise Lindsay, and Kenneth Warriner 2 . A non-binding say-on-pay proposal to approve the compensation of the named executive officers. Votes For Votes Against Votes Abstained 8,212,283 145,547 6,203 3. A proposal to ratify the appointment of Crowe LLP as the Corporation’s indepen”
Shareholder Votes
Meridian Corp shareholders approved A non-binding say-on-pay proposal to approve the compensation of the named executive officers. at the 2026-05-28 meeting.
“The Corporation held its Annual Meeting of Shareholders on May 28, 2026 for the purpose of considering and acting upon the below proposals. 1. A proposal to elect three (3) directors as “Class C” directors of the Board, to serve a three-year term expiring in 2029. The shareholders of the Corporation elected the following Class C directors to each serve a three-year term expiring in 2029 by the following vote: Director Name Votes For Votes Withheld Christopher J. Annas 7,870,830 493,203 Edward J. Hollin 6,561,649 1,802,384 Anthony M. Imbesi 6,571,087 1,792,946 The following additional directors continued in office after the Annual Meeting: Robert M. Casciato, Christine M. Helmig, Robert T. Holland, Denise Lindsay, and Kenneth Warriner 2 . A non-binding say-on-pay proposal to approve the compensation of the named executive officers. Votes For Votes Against Votes Abstained 8,212,283 145,547 6,203 3. A proposal to ratify the appointment of Crowe LLP as the Corporation’s indepen”
Shareholder Votes
Meridian Corp shareholders approved Election of three Class C directors to serve a three-year term expiring in 2029 at the 2026-05-28 meeting.
“The Corporation held its Annual Meeting of Shareholders on May 28, 2026 for the purpose of considering and acting upon the below proposals. 1. A proposal to elect three (3) directors as “Class C” directors of the Board, to serve a three-year term expiring in 2029. The shareholders of the Corporation elected the following Class C directors to each serve a three-year term expiring in 2029 by the following vote: Director Name Votes For Votes Withheld Christopher J. Annas 7,870,830 493,203 Edward J. Hollin 6,561,649 1,802,384 Anthony M. Imbesi 6,571,087 1,792,946 The following additional directors continued in office after the Annual Meeting: Robert M. Casciato, Christine M. Helmig, Robert T. Holland, Denise Lindsay, and Kenneth Warriner 2 . A non-binding say-on-pay proposal to approve the compensation of the named executive officers. Votes For Votes Against Votes Abstained 8,212,283 145,547 6,203 3. A proposal to ratify the appointment of Crowe LLP as the Corporation’s indepen”
Earnings Releases
Meridian Corp reported the quarter ended March 31, 2026 results: net income $2.0 million, EPS $0.17 per diluted share.
“Net income for the quarter ended March 31, 2026 was $2.0 million, or $0.17 per diluted share”
Earnings Releases
Meridian Corp reported First Quarter 2026 results: net income $4.7 million, EPS $0.39 per diluted share.
“Net income for the quarter ended March 31, 2026 was $4.7 million, or $0.39 per diluted share”
Earnings Releases
Meridian Corp reported First Quarter 2024 results: net income $ 2,676, EPS $ 0.24.
“Meridian Corporation Reports First Quarter 2024 Results and Announces a Quarterly Dividend of $0.125 per Common Share. MALVERN, PA., April 26, 2024 — Meridian Corporation (Nasdaq: MRBK) today reported: Three Months Ended (Dollars in thousands, except per share data)((Unaudited) March 31, 2024 December 31, 2023 March 31, 2023 Income: Net income $ 2,676 $ 571 $ 4,021 Diluted earnings per common share $ 0.24 $ 0.05 $ 0.34”
Earnings Releases
Meridian Corp reported the quarter ended December 31, 2023 results: net income $571 thousand, EPS $0.05 per diluted share.
“On January 26, 2024 Meridian Corporation issued a press release discussing the Corporation’s Fourth Quarter 2023 Results.”
Charles D. Kochka retired as Chief Lending Officer at Meridian Corp.
“On October 31, 2023, Meridian Bank (a subsidiary of Meridian Corporation) announced the retirement of Charles D. Kochka, Chief Lending Officer, effective December 31, 2023.”
Earnings Releases
Meridian Corp reported Third Quarter 2023 results: net income Net income of $4.0 million and diluted earnings of $0.35 per share for the third quarter ended September 30, 2023., EPS diluted earnings of $0.35 per share.
“Meridian Corporation Reports Third Quarter 2023 Results and Announces a Quarterly Dividend of $0.125 per Common Share. MALVERN, PA., October 27, 2023 — Meridian Corporation (Nasdaq: MRBK) today reported: • Net income of $4.0 million and diluted earnings of $0.35 per share for the third quarter ended September 30, 2023.”
Andy Fox was appointed as Chief Credit Officer at Meridian Corp.
“Mr. Cafarchio will be succeeded in his role as Chief Credit Officer by Andy Fox, who joined Meridian after serving as a senior credit officer at a top 10 U.S. commercial bank.”
Joseph Cafarchio retired as Chief Credit Officer at Meridian Corp.
“On October 11, 2023, Meridian Bank (a subsidiary of Meridian Corporation) announced the planned retirement of Joseph Cafarchio, Chief Credit Officer, effective October 13, 2023.”
Debt Financings
Meridian Corp incurred senior notes of aggregate of $9,740,000 of fixed rate subordinated notes with accredited investors at fixed annual rate of 8.00%, payable semi-annually in arrears maturing September 22, 2033.
“On September 22, 2023, Meridian Corporation (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Agreement”) with accredited investors under which the Company issued an aggregate of $9,740,000 of fixed rate subordinated notes due September 22, 2033 (the “Subordinated Notes”) in a private placement.”
Material Agreements
Meridian Corp entered into Subordinated Note Purchase Agreement with accredited investors valued at $9,740,000 (effective 2023-09-22).
“On September 22, 2023, Meridian Corporation (the “Company”) entered into a Subordinated Note Purchase Agreement (the “Agreement”) with accredited investors under which the Company issued an aggregate of $9,740,000 of fixed rate subordinated notes due September 22, 2033 (the “Subordinated Notes”) in a private placement.”
Earnings Releases
Meridian Corp reported the second quarter ended June 30, 2023 results: revenue $43.0 million, net income $4.6 million, EPS $0.41 per diluted share.
“per common share, payable August 21, 2023 to shareholders of record as of August 14, 2023. Christopher J. Annas, Chairman and CEO commented “Meridian’s second quarter revenue of $43.0 million generated earnings of $4.6 million, or $0.41 per diluted share. Annual loan growth in the core CRE, C&I and SBA portfolios are expected to again approach 15%. These groups also”
Shareholder Votes
Meridian Corp shareholders approved Ratification of the appointment of Crowe LLP as the independent registered public accounting firm for fiscal year 2023 at the 2023-05-25 meeting.
“A proposal to ratify the appointment of Crowe LLP as the Corporation’s independent registered public accounting firm for the year ending December 31, 2023.”
Shareholder Votes
Meridian Corp shareholders approved Proposal to approve an amendment to the Corporation's 2016 Equity Incentive Plan at the 2023-05-25 meeting.
“A proposal to approve an amendment to the Corporation's 2016 Equity Incentive Plan. Votes For Votes Against Votes Abstained 6,558,980 1,404,673 158,521”
Shareholder Votes
Meridian Corp shareholders approved Non-binding advisory vote on the frequency of future say-on-pay votes at the 2023-05-25 meeting.
“A non-binding proposal to approve the frequency of advisory votes on executive compensation of the named executive officers. 3 Years 2 Years 1 Year Votes Abstained 3,073,409 50,570 4,456,707 541,489”
Shareholder Votes
Meridian Corp shareholders approved Non-binding advisory vote to approve the compensation of the named executive officers at the 2023-05-25 meeting.
“A non-binding say-on-pay proposal to approve the compensation of the named executive officers. Votes For Votes Against Votes Abstained 7,708,981 66,322 346,871”
Shareholder Votes
Meridian Corp shareholders approved Election of three Class C directors to serve a three-year term expiring in 2026 at the 2023-05-25 meeting.
“The shareholders of the Corporation elected the following Class C directors to each serve a three-year term expiring in 2026 by the following vote: Director Name Votes For Votes Withheld Christopher J. Annas 7,351,249 770,926 Edward J. Hollin 6,928,385 1,193,790 Anthony M. Imbesi 6,947,290 1,174,885”
Earnings Releases
Meridian Corp reported first quarter ended March 31, 2023 results: revenue $37.6 million, net income $4.0 million, EPS $0.34.
“$0.125 per common share, payable May 22, 2023 to shareholders of record as of May 15, 2023. Christopher J. Annas, Chairman and CEO commented “Meridian’s first quarter revenue of $37.6 million generated earnings of $4.0 million, or $0.34 per diluted share. The bank segment had strong performance with loan growth of 4.3% for the quarter while achieving net interest”
Earnings Releases
Meridian Corp reported year ended December 31, 2022 results: net income $21.8 million, EPS $3.58.
“Net income of $21.8 million and diluted earnings per share of $3.58 for the year ended December 31, 2022”
Earnings Releases
Meridian Corp reported fourth quarter ended December 31, 2022 results: revenue $35.8 million, net income $4.6 million, EPS $0.77.
“Meridian’s fourth quarter revenue of $35.8 million generated earnings of $4.6 million, or $0.77 per diluted share.”
Earnings Releases
Meridian Corp reported the third quarter ended September 30, 2022 results: revenue $33.2 million, net income $5.8 million, EPS $0.96.
“Meridian’s third quarter revenue of $33.2 million generated earnings of $5.8 million, or $0.96 per diluted share.”
Christine M. Helmig was appointed as Director at Meridian Corp.
“On October 27, 2022, Christine M. Helmig, CPA, has been appointed to the Board of Directors of Meridian Corporation (the "Company") and its subsidiary bank, Meridian Bank (the "Bank"), effective immediately.”
Randy J. McGarry departed as Executive Vice President and Chief Information Officer at Meridian Corp.
“On October 7, 2022, Randy J. McGarry, Executive Vice President and Chief Information Officer has separated from the company to pursue other opportunities.”
Kenneth H. Slack departed as director at Meridian Corp.
“On May 19, 2022, Meridian Corporation (the "Company") issued a press release to announce that Kenneth H. Slack, a director of the Company, passed away.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.