Meridian Corporation (MRBK)

Meridian Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	36.21	35.78	27.46	56.7	38.39	23.48
Investment Securities	128.15	131.08	131.95	128.56	130.77	134.86
Trading Asset Securities	1.86	2.33	3.01	3.74	3.93	2.15
Mortgage-Backed Securities	106.99	97.09	78.21	55.36	44.15	33.17
Total Investments	237	230.5	213.17	187.66	178.84	170.18
Gross Loans	2,182	2,176	2,039	1,915	1,769	1,404
Allowance for Loan Losses	-21.46	-21.57	-18.44	-22.11	-18.83	-18.76
Other Adjustments to Gross Loans	-4.07	-4.98	-9.06	-19.21	-25.72	-17.37
Net Loans	2,157	2,149	2,012	1,874	1,725	1,368
Property, Plant & Equipment	12.44	22.8	19.05	22.96	22.35	11.81
Goodwill	0.9	0.9	0.9	0.9	0.9	0.9
Other Intangible Assets	2.46	2.56	2.77	2.97	3.18	3.38
Loans Held for Sale	54.9	33.76	32.41	24.82	22.24	80.88
Accrued Interest Receivable	10.68	10.72	9.96	9.33	7.36	5.01
Long-Term Deferred Tax Assets	4.54	4.22	4.67	4.2	3.94	1.41
Other Real Estate Owned & Foreclosed	6.08	6	0.28	1.7	1.7	-
Other Long-Term Assets	63.98	57.92	55.45	53.19	51.54	43.58
Total Assets	2,593	2,562	2,386	2,246	2,062	1,713

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Bearing Deposits	1,948	1,390	1,219	1,125	1,016	992.09
Institutional Deposits	-	522.7	545.7	458.8	394.3	179.8
Non-Interest Bearing Deposits	246.36	245.38	240.86	239.29	301.73	274.53
Total Deposits	2,194	2,158	2,005	1,823	1,712	1,446
Short-Term Borrowings	109.8	109.02	101.56	145.38	117.04	42.67
Current Portion of Long-Term Debt	-	0.22	-	-	0.06	-
Current Portion of Leases	-	1.65	-	-	-	-
Accrued Interest Payable	5.59	6.53	6.86	10.32	2.39	0.03
Long-Term Debt	49.71	49.63	49.74	49.84	40.29	40.51
Federal Home Loan Bank Debt, Long-Term	-	10.59	25.84	33.67	8.94	-
Long-Term Leases	-	9.08	7	9.4	11.29	-
Other Long-Term Liabilities	28.84	17.42	17.97	16.1	16.47	18.46
Total Liabilities	2,388	2,362	2,214	2,088	1,909	1,548

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	13.93	13.83	13.24	13.19	13.16	6.54
Retained Earnings	132.61	128.12	111.96	101.22	95.82	84.92
Treasury Stock	-26.08	-26.08	-26.08	-26.08	-21.82	-8.86
Comprehensive Income & Other	84.35	83.84	72.4	69.7	66.13	82.77
Total Common Equity	204.81	199.72	171.52	158.02	153.28	165.36
Shareholders' Equity	204.81	199.72	171.52	158.02	153.28	165.36
Total Liabilities & Equity	2,593	2,562	2,386	2,246	2,062	1,713

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	159.5	180.2	184.15	238.28	177.61	83.18
Net Cash (Debt)	-121.44	-142.09	-153.67	-177.85	-135.29	-57.55
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-10.19	-12.31	-13.67	-15.62	-11.09	-4.64
Filing Date Shares Outstanding	11.93	11.88	11.15	11.01	11.17	12.05
Total Common Shares Outstanding	11.92	11.83	11.11	11.01	11.25	12
Book Value Per Share	17.18	16.89	15.44	14.35	13.62	13.78
Tangible Book Value	201.45	196.25	167.86	154.15	149.21	161.08
Tangible Book Value Per Share	16.89	16.59	15.11	14.00	13.26	13.42

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: May 11, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 15, 2026

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