Meridian Corp
For the period ended Sep 30, 2024. Filed Nov 8, 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.
Sep 30, 2024 · Filed Nov 8, 2024
MRBK$16.75-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Stockholders’ Equity –
| (dollars in thousands, except per share data) | CommonStock | Surplus | TreasuryStock | UnearnedESOP | RetainedEarnings | AOCI | Total |
|---|---|---|---|---|---|---|---|
| Balance at July 1, 2024 | $13,194 | $80,639 | $(26,079) | $(1,204) | $104,420 | $(8,588) | $162,382 |
| Net income | — | — | — | — | 4,743 | — | 4,743 |
| Other comprehensive income | — | — | — | — | — | 1,322 | 1,322 |
| Dividends declared ($0.125 per share) | — | — | — | — | (1,398) | — | (1,398) |
| Common stock issued through share-based awards and exercises | 38 | 297 | — | — | — | — | 335 |
| Stock based compensation expense | — | 66 | — | — | — | — | 66 |
| Balance at September 30, 2024 | $13,232 | $81,002 | $(26,079) | $(1,204) | $107,765 | $(7,266) | $167,450 |
| 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 | — | — | — | — | 10,745 | — | 10,745 |
| Other comprehensive income | — | — | — | — | — | 2,156 | 2,156 |
| Dividends declared ($0.375 per share) | — | — | — | — | (4,196) | — | (4,196) |
| Common stock issued through share-based awards and exercises | 46 | 358 | — | — | — | — | 404 |
| Stock based compensation expense | — | 319 | — | — | — | — | 319 |
| Balance at September 30, 2024 | $13,232 | $81,002 | $(26,079) | $(1,204) | $107,765 | $(7,266) | $167,450 |
| (dollars in thousands, except per share data) | CommonStock | Surplus | TreasuryStock | UnearnedESOP | RetainedEarnings | AOCI | Total |
|---|---|---|---|---|---|---|---|
| Balance at July 1, 2023 | $13,181 | $79,650 | $(26,079) | $(1,403) | $99,434 | $(10,821) | $153,962 |
| Net income | — | — | — | — | 4,005 | — | 4,005 |
| Other comprehensive loss | — | — | — | — | — | (1,538) | (1,538) |
| Dividends declared ($0.125 per share) | — | — | — | — | (1,396) | — | (1,396) |
| Stock based compensation expense | — | 81 | — | — | — | — | 81 |
| Balance at September 30, 2023 | $13,181 | $79,731 | $(26,079) | $(1,403) | $102,043 | $(12,359) | $155,114 |
| 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 | — | — | — | — | 12,673 | — | 12,673 |
| Other comprehensive loss | — | — | — | — | — | (820) | (820) |
| Dividends declared ($0.375 per share) | — | — | — | — | (4,217) | — | (4,217) |
| Net purchase of treasury stock through publicly announced plans (127,849 shares) | — | — | (4,258) | — | — | — | (4,258) |
| Common stock issued through share-based awards and exercises | 25 | 144 | — | — | — | — | 169 |
| Stock based compensation expense | — | 515 | — | — | — | — | 515 |
| Balance at September 30, 2023 | $13,181 | $79,731 | $(26,079) | $(1,403) | $102,043 | $(12,359) | $155,114 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.