Meridian Corp
For the period ended Mar 31, 2024. Filed May 9, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 9, 2024
MRBK$16.75-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Stockholders’ Equity –
| (dollars in thousands, except per share data) | CommonStock | Surplus | TreasuryStock | UnearnedESOP | RetainedEarnings | AOCI | Total |
|---|---|---|---|---|---|---|---|
| Balance at January 1, 2024 | $13,186 | $80,325 | $(26,079) | $(1,204) | $101,216 | $(9,422) | $158,022 |
| Net income | — | — | — | — | 2,676 | — | 2,676 |
| Other comprehensive income | — | — | — | — | — | 473 | 473 |
| Dividends declared ($0.125 per share) | — | — | — | — | (1,400) | — | (1,400) |
| Common stock issued through share-based awards and exercises | 3 | 20 | — | — | — | — | 23 |
| Stock based compensation expense | — | 142 | — | — | — | — | 142 |
| Balance at March 31, 2024 | $13,189 | $80,487 | $(26,079) | $(1,204) | $102,492 | $(8,949) | $159,936 |
| (dollars in thousands, except per share data) | CommonStock | Surplus | TreasuryStock | UnearnedESOP | RetainedEarnings | AOCI | Total |
|---|---|---|---|---|---|---|---|
| Balance at January 1, 2023 | $13,156 | $79,072 | $(21,821) | $(1,403) | $95,815 | $(11,539) | $153,280 |
| Adjustment to initially apply ASU No. 2016-13 for CECL, net of tax | — | — | — | — | (2,228) | — | (2,228) |
| Net income | — | — | — | — | 4,021 | — | 4,021 |
| Other comprehensive income | — | — | — | — | — | 1,670 | 1,670 |
| Dividends declared ($0.125 per share) | — | — | — | — | (1,428) | — | (1,428) |
| Net purchase of treasury stock through publicly announced plans (184,598 shares) | — | — | (2,691) | — | — | — | (2,691) |
| Common stock issued through share-based awards and exercises | 24 | 124 | — | — | — | — | 148 |
| Stock based compensation expense | — | 277 | — | — | — | — | 277 |
| Balance at March 31, 2023 | $13,180 | $79,473 | $(24,512) | $(1,403) | $96,180 | $(9,869) | $153,049 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.