For the year ending 2025-12-31, MRBK has $2,561,995K in assets. $2,362,279K in debts.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Cash and due from banks | 10,358 | |||
| Interest-bearing deposits at other banks | 25,420 | |||
| Cash and cash equivalents | 35,778 | |||
| Securities available-for-sale, at fair value (amortized cost of 199,127 and 183,764, respectively) | 193,457 | |||
| Gross unrecognized gains | 22 | |||
| Gross unrecognized losses | 2,414 | |||
| Allowance for credit losses | 0 | |||
| Fair value | 30,152 | |||
| Securities held-to-maturity, at amortized cost (fair value of 30,152 and 30,492, respectively) | 32,544 | |||
| Equity investments | 2,166 | |||
| Mortgage loans held for sale | 33,762 | |||
| Loans and other finance receivables, net of fees and costs | 2,170,600 | |||
| Allowance for credit losses | 21,573 | |||
| Loans and other finance receivables, net of the allowance for credit losses | 2,149,027 | |||
| Restricted investment in bank stock | 7,811 | |||
| Bank premises and equipment, net | 12,402 | |||
| Bank owned life insurance | 30,687 | |||
| Accrued interest receivable | 10,724 | |||
| Oreo and other repossessed assets | 5,997 | |||
| Deferred income taxes | 4,215 | |||
| Servicing assets | 3,932 | |||
| Goodwill | 899 | |||
| Indefinite-lived intangible assets (excluding goodwill), ending balance | 266 | |||
| Finite lived, intangible assets, ending balance | 2,297 | |||
| Intangible assets | 2,563 | |||
| Other assets | 36,031 | |||
| Total assets | 2,561,995 | |||
| Non-interest bearing | 245,377 | |||
| Interest bearing | 1,912,751 | |||
| Total deposits | 2,158,128 | |||
| Borrowings | 117,338 | |||
| Subordinated debentures | 49,853 | |||
| Accrued interest payable | 6,531 | |||
| Other liabilities | 30,429 | |||
| Total liabilities | 2,362,279 | |||
| Common stock, 1 par value 25,000,000 shares authorized 13,829,645 and 13,243,258 shares issued, respectively and 11,826,462 and 11,240,075 shares outstanding, respectively | 13,830 | |||
| Surplus | 90,352 | |||
| Treasury stock - 2,003,183 and 2,003,183 shares, respectively, at cost | 26,079 | |||
| Unearned common stock held by esop | 1,232 | |||
| Retained earnings | 128,124 | |||
| Accumulated other comprehensive loss | -5,279 | |||
| Total stockholders equity | 199,716 | |||
| Total liabilities and stockholders equity | 2,561,995 | |||
Meridian Corp (MRBK)
Meridian Corp (MRBK)