Meridian Corporation (MRBK)

Meridian Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	100.35	54.92	113.39	76.78	46.96	36.74
Securities and Investments	220.54	208.08	181.8	172.83	165.67	130.07
Short-Term Interbank Lending and Reverse Repurchase Agreements	-	-	-	-	-	34.19
Other Earning Assets	44.08	32.41	24.82	22.24	80.88	229.2
Gross Loans	2,108	2,030	1,896	1,744	1,386	1,285
Allowance for Loan Losses	-20.85	-18.44	-22.11	-18.83	-18.76	-17.77
Net Loans	2,087	2,012	1,874	1,725	1,368	1,267
Net Property, Plant & Equipment	12.32	12.15	13.56	13.35	11.81	7.78
Accrued Interest and Accounts Receivable	10.33	9.96	9.33	7.36	5.01	5.48
Other Intangible Assets	6.32	7.15	14.72	15.52	16.14	9.22
Goodwill	0.9	0.9	0.9	0.9	0.9	0.9
Long-Term Investments	11.29	9.84	10.19	9.02	7.47	8.89
Other Non-Earning Assets	67.58	65.92	60.49	57.77	34.38	24.92
Total Assets	2,511	2,386	2,246	2,062	1,713	1,720
Interest-bearing deposits	1,873	1,765	1,584	1,411	1,172	1,037
Noninterest-bearing deposits	237.04	240.86	239.29	301.73	274.53	203.84
Total Deposits	2,110	2,005	1,823	1,712	1,446	1,241
Short-Term Borrowings	-	-	-	-	-	106.86
Accrued Expenses	7.06	6.86	10.32	2.39	0.03	1.15
Long-Term Debt	188.76	174.21	224.73	162.43	81.85	206.22
Other Liabilities	26.73	27.9	29.65	31.65	19.79	23.01
Total Liabilities	2,333	2,214	2,088	1,909	1,548	1,579
Common Stock	13.3	13.24	13.19	13.16	6.54	6.46
Treasury Stock	-27.09	-27.09	-27.28	-23.22	-10.46	-7.6
Additional Paid-in Capital	82.18	81.55	80.33	79.07	83.66	81.2
Accumulated Other Comprehensive Income	-7.51	-8.14	-9.42	-11.54	0.71	2.56
Retained Earnings	117.13	111.96	101.22	95.82	84.92	59.01
Shareholders' Equity	178.02	171.52	158.02	153.28	165.36	141.62
Total Liabilities & Equity	2,511	2,386	2,246	2,062	1,713	1,720
Total Debt	188.76	174.21	224.73	162.43	81.85	206.22
Net Cash (Debt)	-188.76	-174.21	-224.73	-162.43	-81.85	-206.22
Net Cash Per Share	-16.61	-15.49	-19.74	-13.31	-6.59	-16.66
Book Value	178.02	171.52	158.02	153.28	165.36	141.62
Book Value Per Share	15.67	15.26	13.88	12.56	13.32	11.45
Tangible Book Value	170.8	163.47	142.4	136.86	148.32	131.51
Tangible Book Value Per Share	15.03	14.54	12.51	11.21	11.95	10.63

Updated Jun 30, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q