Every 10-Q that Meridian Corporation (MRBK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MRBK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MRBK filings page.
Meridian Corporation generated Q2 2026 net income of $5.8 million and first‑half net income of $7.8 million, compared with $5.6 million and $8.0 million a year earlier. Diluted EPS was $0.48 for the quarter and $0.64 for the first half. Six‑month net interest income increased to $46.0 million from $40.9 million, while the provision for credit losses rose to $10.5 million from $9.0 million.
Total assets reached about $2.59 billion at June 30, 2026, including loans and other finance receivables of $2.18 billion and mortgage loans held for sale of $54.9 million. Deposits were $2.19 billion, and shareholders’ equity was $204.8 million. There were 11,923,798 common shares outstanding at quarter‑end and 11,929,048 as of August 6, 2026.
Asset quality reflected higher problem credits: nonaccrual loans and leases totaled $82.1 million, up from $55.1 million at December 31, 2025, concentrated in construction, commercial and small business loans, some backed by SBA guarantees. The allowance for credit losses was $21.5 million. The securities portfolio carried unrealized losses of $7.0 million on available‑for‑sale and $2.3 million on held‑to‑maturity securities, which management describes as primarily due to changes in market interest rates.
Meridian Corporation reported first-quarter 2026 net income of $2.0 million, down from $2.4 million a year earlier, as higher credit costs offset stronger interest income. Net interest income rose to $23.2 million from $19.8 million, while the provision for credit losses increased to $7.5 million from $5.2 million.
Total assets were $2.58 billion and loans reached $2.18 billion, with small business and commercial real estate credits driving most nonaccrual balances. Deposits totaled $2.17 billion, and the allowance for credit losses stood at $21.3 million. Diluted EPS was $0.17 versus $0.21 a year earlier.
Meridian Corporation (MRBK) reported stronger Q3 results. Net income rose to $6.7 million from $4.7 million, and diluted EPS increased to $0.58 from $0.42. Net interest income improved to $23.1 million from $18.2 million as loan yields outpaced funding costs, while the provision for credit losses increased to $2.9 million from $2.3 million.
Non-interest income was $10.0 million versus $10.8 million, reflecting softer mortgage banking, partly offset by higher SBA loan income. Non-interest expense rose modestly to $21.5 million from $20.5 million as compensation and technology spending increased.
On the balance sheet, total assets reached $2.54 billion, up from $2.39 billion at year-end. Loans, net of the allowance, grew to $2.14 billion from $2.01 billion, and deposits increased to $2.13 billion from $2.01 billion. The allowance for credit losses rose to $21.8 million from $18.4 million, and accumulated other comprehensive loss improved to $5.9 million from $8.1 million as securities valuations stabilized.
Bottom line: Higher net interest income and solid loan growth drove earnings, with credit costs and operating investments edging higher.
Meridian Corp. (MRBK) Q2-25 10-Q snapshot: Net income rose 68% YoY to $5.6 million; diluted EPS $0.49 versus $0.30. Net interest income advanced 26% to $21.2 million as loan yields outpaced a 7% drop in funding costs. Non-interest revenue grew 22% to $11.3 million, driven by mortgage banking (+6%), wealth management (+3%) and a 153% surge in SBA loan sales.
The credit provision climbed to $3.8 million (vs. $2.7 million) lifting the allowance to $20.9 million, or 0.99% of loans. Non-interest expense increased 12% but operating leverage improved; pre-tax, pre-provision income nearly doubled to $10.9 million.
Year-to-date, assets expanded 5% to $2.51 billion. Loans grew 3.8% to $2.09 billion and deposits 5.2% to $2.11 billion, with non-interest-bearing balances steady at 11%. Tangible book value rose to about $15.76 per share as equity reached $178 million. Available-for-sale securities carry $9.4 million of unrealized losses, down $0.7 million from year-end, and no ACL was recorded on the bond portfolio.
Capital ratios remain comfortably above regulatory minimums and the board maintained its $0.125 quarterly dividend (cumulative $0.25 YTD). Management reports stable asset quality with low 90-day past-due balances and no material credit deterioration disclosed.