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Loans and other
finance receivables,...
$155,987K
Securities - taxable
$7,271K
Cash and cash
equivalents
$1,800K
Securities - tax-exempt
$1,256K
Total interest income
$166,314K
Net interest income
$87,678K
Mortgage banking income
$20,783K
Wealth management
income
$6,316K
Sba loan income
$5,452K
Other
$4,012K
Earnings on investment in
life insurance
$956K
Net change in the
fair value of loans...
$659K
Net gain (loss) on
sale of investments...
$501K
Net gain on sale of
msrs
$403K
Net change in the
fair value of...
$373K
Total interest
expense
$78,636K
Net change in the
fair value of loans...
$310K
Net interest income
after provision for...
$72,526K
Total non-interest
income
$39,180K
Provision for credit
losses
$15,152K
Net (loss) gain on
sale of loans
-$434K
Deposits
$68,169K
Borrowings and
subordinated debentures
$10,467K
Net (loss) on
hedging activity
-$151K
Income before income
taxes
$28,402K
Total non-interest
expense
$83,304K
Net income
$21,836K
Income tax expense
$6,566K
Salaries and employee
benefits
$51,280K
Other
$11,429K
Data processing and
software
$7,031K
Occupancy and equipment
$4,576K
Professional fees
$4,095K
Advertising and promotion
$3,877K
Pennsylvania bank shares tax
$1,016K
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Income Statement
source: myfinsight.com
Meridian Corp (MRBK)
Meridian Corp (MRBK)