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 Meridian Bank
Meridian Bank
| RSSD ID 3271799 | CERTIFICATE 57777 | ABA NUMBER 31918828 |
| 220 W. Lancaster Avenue |
Quarter Ended : |
2025-03-31 |
| Wayne, Pennsylvania, 19087 |
Updated : |
2025-04-29 |
| www.meridianbanker.com |
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| Institution Profile |
| Year Opened : |
2004 |
Institution Type : |
Commercial bank |
| Entity Type : |
State |
Federal Regulator : |
FDIC |
| Member Federal Reserve : |
No |
S-Corp : |
No |
| Fiduciary Powers : |
No |
Powers Exercised : |
No |
| Filing Type : |
051 |
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| Specialization : |
Commercial Lending Specialization |
| Number of Offices : |
6 |
Number of Employees : |
309 |
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| Financial Fast Facts |
Balance Sheet
(USD, in thousands) |
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Income Statement
(USD, in thousands, ytd) |
| Total Assets | 2,525,029 |
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Total Interest Income | 39,168 |
| Total Liabilities | 2,304,260 |
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Total NonInterest Income | 7,182 |
| Total Bank Equity Capital | 220,769 |
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Total Interest Expense | 18,304 |
| Total Deposits | 2,131,772 |
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Total NonInterest Expense | 18,466 |
| Net Loans & Leases | 2,050,848 |
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Net Income | 3,397 |
| Loan Loss Allowance | 20,827 |
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Net Charge Offs | 2,823 |
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| Regulatory Capital |
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Quarterly Averages
(USD, in thousands) |
| Community Bank Leverage Ratio | Yes |
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Total loans | 1,984,809 |
| Total assets for the leverage ratio | 2,423,842 |
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Loans secured by real estate: | 1,557,744 |
| Tier 1 Leverage Ratio | 9.3 |
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Commercial and industrial loans | 417,143 |
| Off Balance Sheet Exposures (%) | 15.06 |
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Loans to individuals - Credit Cards | 0 |
| Trading Assets and Liabilities (%) | 0 |
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Loans to individuals - Other | 363 |
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:· Meridian Bank
