MRBK · XBRL financial data
Meridian financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (MRBK's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | †Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | — | — | 5 | 5 | 6 | 6 |
| Interest expense | 14 | 8 | 19 | 68 | — | — |
| Income tax expense (benefit) | 8 | 11 | 6 | 4 | 5 | 7 |
| Net income (loss) | 26 | 36 | 22 | 13 | 16 | 22 |
| Earnings per share, basic‡ USD per share | 2.16 | 2.96 | 0.93 | 1.19 | 1.47 | 1.93 |
| Earnings per share, diluted‡ USD per share | 2.14 | 2.87 | 0.90 | 1.16 | 1.45 | 1.89 |
| Weighted average shares, basic‡ millions of shares | 12 | 12 | 24 | 11 | 11 | 11 |
| Weighted average shares, diluted‡ millions of shares | 12 | 12 | 24 | 11 | 11 | 12 |
- ‡ Per-share figures and share counts are adjusted for the 2-for-1 stock split (February 2023); filings made before it reported them unadjusted.
- † Share count changed about 1/2 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Balance sheet
CSVFiscal years (MRBK's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | †Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 37 | 23 | 38 | 57 | 27 | — |
| Property and equipment, net | 8 | 12 | 13 | 14 | 12 | 12 |
| Right-of-use asset | — | — | 9 | 9 | 7 | 10 |
| Goodwill | 1 | 1 | 1 | 1 | 1 | 1 |
| Total assets | 1,720 | 1,713 | 2,062 | 2,246 | 2,386 | 2,562 |
| Total deposits | 1,241 | 1,446 | 1,712 | 1,823 | 2,005 | 2,158 |
| Total liabilities | 1,579 | 1,548 | 1,909 | 2,088 | 2,214 | 2,362 |
| Retained earnings | 59 | 85 | 96 | 101 | 112 | 128 |
| Total stockholders' equity | 142 | 165 | 153 | 158 | 172 | 200 |
| Total liabilities and equity | 1,720 | 1,713 | 2,062 | 2,246 | 2,386 | 2,562 |
| Common shares outstanding (cover page)‡ millions of shares | 12 | 12 | 23 | 11 | 11 | 12 |
- ‡ Per-share figures and share counts are adjusted for the 2-for-1 stock split (February 2023); filings made before it reported them unadjusted.
- † Share count changed about 1/2 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Cash flows
CSVFiscal years (MRBK's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | †Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 26 | 36 | 22 | 13 | 16 | 22 |
| Stock-based compensation | 1 | 2 | 1 | 1 | 1 | 1 |
| Net cash from operating activities | (158) | 165 | 85 | 19 | 10 | 24 |
| Purchases of property and equipment | 1 | 5 | 3 | 2 | 1 | 2 |
| Net cash from investing activities | (371) | (141) | (393) | (164) | (165) | (164) |
| Proceeds from issuing common stock | — | — | — | — | 0 | 8 |
| Share repurchases | 6 | 3 | 13 | 4 | 0 | — |
| Dividends paid | 2 | 10 | 11 | 6 | 6 | 6 |
| Proceeds from long-term debt | — | 0 | 9 | — | — | — |
| Net cash from financing activities | 527 | (38) | 323 | 164 | 126 | 148 |
| Net change in cash | (3) | (13) | 15 | 18 | (29) | 8 |
- † Share count changed about 1/2 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
Compare with peers
SIC 6021 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6021 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Meridian | 11 | 1.7 | (0.9)* | 11.9M | — | 10-QJun 30, 2026 |
| Eagle Bancorp Montana | 29 | not reported | (2.1)* | 8.0M | 14.0 quarters | 10-QJun 30, 2026 |
| SB Financial Group | 138 | not reported | 6.8* | 6.3M | — | 10-QJun 30, 2026 |
| Hawthorn Bancshares | 33 | not reported | 10* | 6.9M | — | 10-QJun 30, 2026 |
| CB Financial Services | 76 | not reported | 7.4* | 5.1M | — | 10-QJun 30, 2026 |
| Hanover Bancorp | 141 | not reported | 18* | 7.1M | — | 10-QJun 30, 2026 |
| Peoples Bancorp of North Carolina | 57 | not reported | 8.8* | 5.5M | — | 10-QSep 30, 2026 |
| Ohio Valley Banc | 78 | not reported | 2.6* | 4.7M | — | 10-QJun 30, 2026 |
| CF Bankshares | 253 | not reported | 5.1* | not reported | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.