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Meridian Corp (MRBK)

Meridian Corp (MRBK)

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Balance Sheets Overview

Debt to Asset Ratio
92.10%
Unit: Thousand (K) dollars
Assets Breakdown
    • Loans and other finance receivab...
    • Securities available-for-sale, a...
    • Mortgage loans held for sale
    • Others
Liabilities Breakdown
    • Interest bearing
    • Non-interest bearing
    • Retained earnings
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and due from banks
11,209
12,458
10,358
12,605
Interest-bearing deposits at other banks
24,998
15,811
25,420
27,384
Cash and cash equivalents
36,207
28,269
35,778
39,989
Securities available-for-sale, at fair value (amortized cost of 206,888 and 199,127, respectively)
200,552
196,012
193,457
194,268
Gross unrecognized gains
15
6
22
6
Gross unrecognized losses
2,343
2,586
2,414
2,746
Allowance for credit losses
0
0
0
0
Fair value
30,117
29,914
30,152
29,853
Securities held-to-maturity, at amortized cost (fair value of 30,117 and 30,152, respectively)
32,445
32,494
32,544
32,593
Equity investments
2,146
2,137
2,166
2,150
Mortgage loans held for sale
54,898
38,960
33,762
28,016
Loans and other finance receivables, net of fees and costs
2,177,978
2,181,575
2,170,600
2,162,845
Allowance for credit losses
21,463
21,252
21,573
21,794
Loans and other finance receivables, net of the allowance for credit losses
2,156,515
2,160,323
2,149,027
2,141,051
Restricted investment in bank stock
7,484
7,699
7,811
8,350
Bank premises and equipment, net
12,437
12,298
12,402
12,413
Bank owned life insurance
31,205
30,959
30,687
30,421
Accrued interest receivable
10,680
11,015
10,724
10,944
Oreo and other repossessed assets
6,081
6,009
5,997
3,714
Deferred income taxes
4,535
4,548
4,215
4,989
Servicing assets
3,642
3,694
3,932
3,845
Goodwill
899
899
899
899
Indefinite-lived intangible assets (excluding goodwill), ending balance
-
-
266
-
Finite lived, intangible assets, ending balance
-
-
2,297
-
Intangible assets
2,461
2,512
2,563
2,614
Other assets
30,989
38,753
36,031
24,874
Total assets
2,593,176
2,576,581
2,561,995
2,541,130
Non-interest bearing
246,357
243,458
245,377
239,614
Interest bearing
1,948,081
1,926,502
1,912,751
1,891,502
Total deposits
2,194,438
2,169,960
2,158,128
2,131,116
Borrowings
108,032
120,838
117,338
137,265
Subordinated debentures
49,705
49,675
49,853
49,822
Accrued interest payable
5,587
6,620
6,531
7,095
Other liabilities
30,604
29,263
30,429
27,803
Total liabilities
2,388,366
2,376,356
2,362,279
2,353,101
Common stock, 1 par value 25,000,000 shares authorized 13,926,981 and 13,829,645 shares issued, respectively, and 11,923,798 and 11,826,462 shares outstanding, respectively
13,927
13,882
13,830
13,521
Surplus
91,137
90,885
90,352
85,122
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
1,232
1,006
Retained earnings
132,614
128,472
128,124
122,376
Accumulated other comprehensive loss
-5,557
-5,703
-5,279
-5,905
Total stockholders equity
204,810
200,225
199,716
188,029
Total liabilities and stockholders equity
2,593,176
2,576,581
2,561,995
2,541,130
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Loans and otherfinance receivables,...$2,177,978K (3.31%↑ Y/Y)Interest-bearing deposits atother banks$24,998K (-15.46%↓ Y/Y)Cash and due frombanks$11,209K (-45.60%↓ Y/Y)Fair value$30,117K Gross unrecognizedlosses$2,343K Loans and otherfinance receivables,...$2,156,515K (3.31%↑ Y/Y)Securitiesavailable-for-sale, at fair value...$200,552K (6.73%↑ Y/Y)Mortgage loans held forsale$54,898K (24.55%↑ Y/Y)Cash and cashequivalents$36,207K (-27.84%↓ Y/Y)Securitiesheld-to-maturity, at amortized...$32,445K (-0.60%↓ Y/Y)Bank owned lifeinsurance$31,205K (3.41%↑ Y/Y)Other assets$30,989K (7.09%↑ Y/Y)Bank premises andequipment, net$12,437K (0.95%↑ Y/Y)Accrued interestreceivable$10,680K (3.35%↑ Y/Y)Restricted investment inbank stock$7,484K (-18.31%↓ Y/Y)Oreo and otherrepossessed assets$6,081K (93.17%↑ Y/Y)Deferred income taxes$4,535K (-14.66%↓ Y/Y)Servicing assets$3,642K (-0.44%↓ Y/Y)Intangible assets$2,461K (-7.65%↓ Y/Y)Equity investments$2,146K (0.75%↑ Y/Y)Goodwill$899K (0.00%↑ Y/Y)Allowance for creditlosses$21,463K (2.94%↑ Y/Y)Gross unrecognizedgains$15K Total assets$2,593,176K (3.28%↑ Y/Y)Total liabilities andstockholders equity$2,593,176K (3.28%↑ Y/Y)Total liabilities$2,388,366K (2.38%↑ Y/Y)Total stockholdersequity$204,810K (15.05%↑ Y/Y)Treasury stock,2,003,183 shares, at cost$26,079K (0.00%↑ Y/Y)Accumulated othercomprehensive loss-$5,557K (26.02%↑ Y/Y)Unearned common stockheld by esop$1,232K (22.47%↑ Y/Y)Total deposits$2,194,438K (3.98%↑ Y/Y)Borrowings$108,032K (-22.26%↓ Y/Y)Subordinated debentures$49,705K (-0.17%↓ Y/Y)Other liabilities$30,604K (14.50%↑ Y/Y)Accrued interestpayable$5,587K (-20.85%↓ Y/Y)Retained earnings$132,614K (13.22%↑ Y/Y)Surplus$91,137K (10.89%↑ Y/Y)Common stock, 1 parvalue 25,000,000...$13,927K (4.71%↑ Y/Y)Interest bearing$1,948,081K (3.99%↑ Y/Y)Non-interest bearing$246,357K (3.93%↑ Y/Y)