The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 6,659 | 7,991 |
| (gain) loss on sale of investment securities available-for-sale | 48 | - |
| Net amortization of investment premiums and discounts and change in fair value of equity securities | -539 | -1,091 |
| Depreciation and amortization (accretion), net | -64 | -23 |
| Provision for credit losses | 2,850 | 9,015 |
| Amortization of issuance costs on subordinated debt | 31 | 62 |
| Stock based compensation | 102 | 174 |
| Net change in fair value of derivative instruments | 129 | 47 |
| Net change in fair value of loans held for sale | -75 | 273 |
| Net change in fair value of loans held for investment | 213 | 360 |
| Amortization and net impairment of servicing rights | -187 | 637 |
| Net gain on sale of msrs | 0 | 415 |
| Gain on sale of oreo | 0 | 15 |
| Sba loan income | 1,431 | 2,736 |
| Proceeds from sale of loans | 213,607 | 371,239 |
| Loans originated for sale | 191,707 | 373,476 |
| Mortgage banking income | 5,914 | 9,155 |
| Increase in accrued interest receivable | 610 | 376 |
| Decrease (increase) in other assets | 129 | -4,829 |
| Earnings from investment in bank owned life insurance | 246 | 462 |
| (increase) decrease in deferred income tax | -123 | -854 |
| Increase (decrease) in accrued interest payable | 36 | 199 |
| Increase in other liabilities | 1,306 | -973 |
| Net cash provided by operating activities | 24,404 | 6,072 |
| Maturities, repayments and calls | 5,391 | 6,832 |
| Sales | 2,462 | - |
| Purchases | 12,781 | 20,443 |
| Maturities, repayments and calls | 1 | 999 |
| Proceeds from sale of oreo | 0 | 15 |
| Proceeds from sale of msrs | 0 | 502 |
| Net purchases of restricted investments in bank stocks | -812 | 1,409 |
| Net increase in loans | 50,733 | 86,155 |
| Purchases of premises and equipment | 448 | 890 |
| Disposal of premise and equipment | 23 | - |
| Net cash used in investing activities | -55,273 | -100,549 |
| Net increase in deposits | 20,742 | 105,006 |
| Increase (decrease) in short-term borrowings | 13,545 | 14,494 |
| (decrease) increase in long-term debt | -15,245 | 0 |
| Repayment of subordinated debt | 0 | 13 |
| Dividends paid | 1,415 | 2,820 |
| Share based awards and exercises | 267 | 522 |
| Proceeds from issuance of common stock | 2,790 | - |
| Net cash provided by financing activities | 20,684 | 117,189 |
| Net change in cash and cash equivalents | -10,185 | 22,712 |
| Cash and cash equivalents at beginning of period | 27,462 | - |
| Cash and cash equivalents at end of period | 39,989 | - |
Meridian Corp (MRBK)
Meridian Corp (MRBK)