For the quarter ending 2026-03-31, MRBK has $2,576,581K in assets. $2,376,356K in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and due from banks | 12,458 | 10,358 | 12,605 | 20,604 |
| Interest-bearing deposits at other banks | 15,811 | 25,420 | 27,384 | 29,570 |
| Cash and cash equivalents | 28,269 | 35,778 | 39,989 | 50,174 |
| Securities available-for-sale, at fair value (amortized cost of 202,419 and 199,127, respectively) | 196,012 | 193,457 | 194,268 | 187,902 |
| Gross unrecognized gains | 6 | 22 | 6 | - |
| Gross unrecognized losses | 2,586 | 2,414 | 2,746 | - |
| Allowance for credit losses | 0 | 0 | 0 | - |
| Fair value | 29,914 | 30,152 | 29,853 | - |
| Securities held-to-maturity, at amortized cost (fair value of 29,914 and 30,152, respectively) | 32,494 | 32,544 | 32,593 | 32,642 |
| Equity investments | 2,137 | 2,166 | 2,150 | 2,130 |
| Mortgage loans held for sale | 38,960 | 33,762 | 28,016 | 44,078 |
| Loans and other finance receivables, net of fees and costs | 2,181,575 | 2,170,600 | 2,162,845 | 2,108,250 |
| Allowance for credit losses | 21,252 | 21,573 | 21,794 | 20,851 |
| Loans and other finance receivables, net of the allowance for credit losses | 2,160,323 | 2,149,027 | 2,141,051 | 2,087,399 |
| Restricted investment in bank stock | 7,699 | 7,811 | 8,350 | 9,162 |
| Bank premises and equipment, net | 12,298 | 12,402 | 12,413 | 12,320 |
| Bank owned life insurance | 30,959 | 30,687 | 30,421 | 30,175 |
| Accrued interest receivable | 11,015 | 10,724 | 10,944 | 10,334 |
| Oreo and other repossessed assets | 6,009 | 5,997 | 3,714 | 3,148 |
| Deferred income taxes | 4,548 | 4,215 | 4,989 | 5,314 |
| Servicing assets | 3,694 | 3,932 | 3,845 | 3,658 |
| Goodwill | 899 | 899 | 899 | 899 |
| Indefinite-lived intangible assets (excluding goodwill), ending balance | - | 266 | - | - |
| Finite lived, intangible assets, ending balance | - | 2,297 | - | - |
| Intangible assets | 2,512 | 2,563 | 2,614 | 2,665 |
| Other assets | 38,753 | 36,031 | 24,874 | 28,938 |
| Total assets | 2,576,581 | 2,561,995 | 2,541,130 | 2,510,938 |
| Non-interest bearing | 243,458 | 245,377 | 239,614 | 237,042 |
| Interest bearing | 1,926,502 | 1,912,751 | 1,891,502 | 1,873,332 |
| Total deposits | 2,169,960 | 2,158,128 | 2,131,116 | 2,110,374 |
| Borrowings | 120,838 | 117,338 | 137,265 | 138,965 |
| Subordinated debentures | 49,675 | 49,853 | 49,822 | 49,792 |
| Accrued interest payable | 6,620 | 6,531 | 7,095 | 7,059 |
| Other liabilities | 29,263 | 30,429 | 27,803 | 26,728 |
| Total liabilities | 2,376,356 | 2,362,279 | 2,353,101 | 2,332,918 |
| Common stock, 1 par value 25,000,000 shares authorized 13,882,361 and 13,829,645 shares issued, respectively, and 11,879,178 and 11,826,462 shares outstanding, respectively | 13,882 | 13,830 | 13,521 | 13,300 |
| Surplus | 90,885 | 90,352 | 85,122 | 82,184 |
| Treasury stock, 2,003,183 shares, at cost | 26,079 | 26,079 | 26,079 | 26,079 |
| Unearned common stock held by esop | 1,232 | 1,232 | 1,006 | 1,006 |
| Retained earnings | 128,472 | 128,124 | 122,376 | 117,132 |
| Accumulated other comprehensive loss | -5,703 | -5,279 | -5,905 | -7,511 |
| Total stockholders equity | 200,225 | 199,716 | 188,029 | 178,020 |
| Total liabilities and stockholders equity | 2,576,581 | 2,561,995 | 2,541,130 | 2,510,938 |
Meridian Corp (MRBK)
Meridian Corp (MRBK)