| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 14,650 | 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 | -1,630 | -1,091 |
| Depreciation and amortization (accretion), net | -87 | -23 |
| Provision for credit losses | 11,865 | 9,015 |
| Amortization of issuance costs on subordinated debt | 93 | 62 |
| Stock based compensation | 276 | 174 |
| Net change in fair value of derivative instruments | 176 | 47 |
| Net change in fair value of loans held for sale | 198 | 273 |
| Net change in fair value of loans held for investment | 573 | 360 |
| Amortization and net impairment of servicing rights | 450 | 637 |
| Net gain on sale of msrs | 415 | 415 |
| Gain on sale of oreo | 15 | 15 |
| Sba loan income | 4,167 | 2,736 |
| Proceeds from sale of loans | 584,846 | 371,239 |
| Loans originated for sale | 565,183 | 373,476 |
| Mortgage banking income | 15,069 | 9,155 |
| Increase in accrued interest receivable | 986 | 376 |
| Decrease (increase) in other assets | -4,700 | -4,829 |
| Earnings from investment in bank owned life insurance | 708 | 462 |
| (increase) decrease in deferred income tax | -977 | -854 |
| Increase (decrease) in accrued interest payable | 235 | 199 |
| Increase in other liabilities | 333 | -973 |
| Net cash provided by operating activities | 30,476 | 6,072 |
| Maturities, repayments and calls | 12,223 | 6,832 |
| Sales | 2,462 | - |
| Purchases | 33,224 | 20,443 |
| Maturities, repayments and calls | 1,000 | 999 |
| Proceeds from sale of oreo | 15 | 15 |
| Proceeds from sale of msrs | 502 | 502 |
| Net purchases of restricted investments in bank stocks | 597 | 1,409 |
| Net increase in loans | 136,888 | 86,155 |
| Purchases of premises and equipment | 1,338 | 890 |
| Disposal of premise and equipment | 23 | - |
| Net cash used in investing activities | -155,822 | -100,549 |
| Net increase in deposits | 125,748 | 105,006 |
| Increase (decrease) in short-term borrowings | 28,039 | 14,494 |
| (decrease) increase in long-term debt | -15,245 | 0 |
| Repayment of subordinated debt | 13 | 13 |
| Dividends paid | 4,235 | 2,820 |
| Share based awards and exercises | 789 | 522 |
| Proceeds from issuance of common stock | 2,790 | - |
| Net cash provided by financing activities | 137,873 | 117,189 |
| Net change in cash and cash equivalents | 12,527 | 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)