Meridian Corp Files 8-K on Financial Condition & Operations

Ticker: MRBK · Form: 8-K · Filed: Jan 26, 2024 · CIK: 1750735

Meridian CORP 8-K Filing Summary
FieldDetail
CompanyMeridian CORP (MRBK)
Form Type8-K
Filed DateJan 26, 2024
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$1, $0.125
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: financial-condition, operations, regulation-fd, corporate-disclosure

TL;DR

**Meridian Corp just dropped an 8-K on its financials, signaling an important update for investors.**

AI Summary

Meridian Corp filed an 8-K on January 26, 2024, to report on its financial condition and operations, specifically under Item 2.02, Item 7.01, and Item 8.01. This filing indicates that the company is providing an update on its financial performance, which is crucial for investors to understand the company's current health and future prospects. For shareholders, this matters because it offers transparency into the company's recent financial activities, potentially influencing stock valuation and investment decisions.

Why It Matters

This filing provides investors with an update on Meridian Corp's financial health, which is essential for evaluating the company's performance and making informed investment decisions.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial information, not indicating any immediate high-risk events.

Analyst Insight

A smart investor would review the full details of the financial condition and operations mentioned in the filing to understand the specific financial updates and their potential impact on the company's valuation.

Key Players & Entities

FAQ

What is the purpose of Meridian Corp's 8-K filing dated January 26, 2024?

Meridian Corp filed this 8-K to report on its Results of Operations and Financial Condition (Item 2.02), Regulation FD Disclosure (Item 7.01), and Other Events (Item 8.01), as well as Financial Statements and Exhibits.

What is Meridian Corp's state of incorporation and business address?

Meridian Corp is incorporated in Pennsylvania, and its business address is 9 Old Lincoln Highway, Malvern, Pennsylvania 19355.

What is the Commission File Number for Meridian Corp?

The Commission File Number for Meridian Corp is 000-55983.

Under which items of Form 8-K did Meridian Corp report information?

Meridian Corp reported information under Item 2.02 (Results of Operations and Financial Condition), Item 7.01 (Regulation FD Disclosure), Item 8.01 (Other Events), and Item 9.01 (Financial Statements and Exhibits).

Is Meridian Corp considered an emerging growth company according to this filing?

The filing indicates with a checkbox that Meridian Corp is NOT an emerging growth company, as the box for 'Emerging growth company' is unchecked.

Filing Stats: 799 words · 3 min read · ~3 pages · Grade level 11.4 · Accepted 2024-01-26 17:22:17

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On January 26, 2024 Meridian Corporation issued a press release discussing the Corporation's Fourth Quarter 2023 Results. A copy is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this Current Report on Form 8-K, including Exhibit 99.1 attached hereto and incorporated by reference into Item 2.02 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibit attached hereto, shall not be deemed incorporated by reference into any of the Corporation's reports or filings with the SEC under the Securities Exchange Act of 1933, as amended (the "Securities Act"), or the Exchange Act, whether made before or after the date hereof, except as expressly set forth by specific reference in such report or filing. The information in this Current Report on Form 8-K, including the exhibit attached hereto, shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.

01. Regulation FD Disclosures

Item 7.01. Regulation FD Disclosures. In connection with the issuance of its earnings for the three months ended December 31, 2023, Meridian Corporation has also made available on its website materials that contain supplemental information about the Corporation's financial results ("Earnings Supplement"). A copy of the earnings supplement is attached hereto as Exhibit 99.2 and is incorporated by reference in this Item 7.01. The information contained in this Item 7.01 of this Report on Form 8-K, including Exhibit 99.2, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Exchange Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01. Other Events

Item 8.01. Other Events. Quarterly Dividend On January 25, 2024, Meridian Corporation's Board of Directors declared a quarterly cash dividend of $0.125 per common share, payable February 20, 2024, to shareholders of record as of February 12, 2024.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. The following exhibit is furnished herewith: 99.1 Press Release, issued January 26, 2024 99.2 Earnings Supplement, issued January 26, 2024 EXHIBIT INDEX Exhibit No. Description of Exhibit 99.1 Press Release, issued January 26, 2024 99.2 Earnings Supplement, issued January 26, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MERIDIAN CORPORATION (Registrant) Dated: January 26, 2024 By: /s/ Denise Lindsay Denise Lindsay Executive Vice President and Chief Financial Officer

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