Meridian Corp
NASDAQ:MRBK
Income Statement
Income Statement
Meridian Corp
Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||
Net Interest Income |
29
|
30
|
31
|
32
|
33
|
33
|
34
|
35
|
36
|
38
|
40
|
44
|
49
|
54
|
58
|
62
|
63
|
64
|
66
|
68
|
70
|
72
|
71
|
71
|
69
|
|
Interest Income |
36
|
37
|
40
|
42
|
44
|
47
|
49
|
51
|
53
|
54
|
56
|
59
|
63
|
66
|
69
|
71
|
72
|
72
|
75
|
79
|
89
|
102
|
116
|
128
|
137
|
|
Interest Expense |
7
|
8
|
9
|
10
|
11
|
13
|
15
|
16
|
17
|
17
|
16
|
15
|
14
|
12
|
11
|
9
|
8
|
8
|
8
|
11
|
19
|
30
|
44
|
58
|
68
|
|
Non Interest Income |
37
|
37
|
35
|
34
|
32
|
32
|
31
|
31
|
33
|
35
|
46
|
66
|
87
|
105
|
108
|
101
|
88
|
74
|
63
|
51
|
42
|
35
|
34
|
32
|
32
|
|
Revenue |
66
N/A
|
67
+2%
|
66
0%
|
66
0%
|
65
-2%
|
65
+0%
|
65
+0%
|
66
+1%
|
69
+5%
|
73
+5%
|
86
+18%
|
110
+27%
|
136
+24%
|
159
+17%
|
166
+4%
|
163
-2%
|
151
-7%
|
138
-9%
|
129
-7%
|
119
-8%
|
112
-6%
|
107
-4%
|
105
-2%
|
102
-3%
|
101
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||
Loan Loss Provision |
(2)
|
(3)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(4)
|
(7)
|
(8)
|
(7)
|
(6)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(7)
|
|
Non Interest Expense |
(58)
|
(57)
|
(56)
|
(55)
|
(53)
|
(53)
|
(53)
|
(52)
|
(55)
|
(56)
|
(63)
|
(76)
|
(93)
|
(107)
|
(112)
|
(112)
|
(104)
|
(97)
|
(90)
|
(85)
|
(81)
|
(78)
|
(78)
|
(77)
|
(77)
|
|
Pre-Tax Income |
6
N/A
|
7
+26%
|
8
+6%
|
9
+18%
|
11
+15%
|
11
+9%
|
12
+2%
|
12
+6%
|
14
+9%
|
14
+5%
|
19
+34%
|
27
+41%
|
35
+29%
|
45
+29%
|
48
+8%
|
48
+1%
|
46
-4%
|
40
-13%
|
37
-8%
|
32
-13%
|
28
-13%
|
26
-7%
|
24
-7%
|
22
-9%
|
17
-23%
|
|
Net Income | ||||||||||||||||||||||||||
Tax Provision |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(6)
|
(8)
|
(10)
|
(11)
|
(11)
|
(11)
|
(9)
|
(8)
|
(7)
|
(6)
|
(6)
|
(5)
|
(5)
|
(4)
|
|
Income from Continuing Operations |
4
|
5
|
6
|
7
|
8
|
9
|
9
|
10
|
11
|
11
|
15
|
21
|
26
|
34
|
37
|
37
|
36
|
31
|
29
|
25
|
22
|
20
|
19
|
17
|
13
|
|
Net Income (Common) |
2
N/A
|
3
+75%
|
4
+25%
|
6
+39%
|
8
+42%
|
9
+9%
|
9
+2%
|
10
+6%
|
11
+8%
|
11
+5%
|
15
+34%
|
21
+40%
|
26
+28%
|
34
+29%
|
37
+7%
|
37
+1%
|
36
-3%
|
31
-13%
|
29
-7%
|
25
-13%
|
22
-13%
|
20
-7%
|
19
-6%
|
17
-9%
|
13
-23%
|
|
EPS (Diluted) |
0.14
N/A
|
0.25
+79%
|
0.32
+28%
|
0.45
+41%
|
0.64
+42%
|
0.69
+8%
|
0.71
+3%
|
0.76
+7%
|
0.81
+7%
|
0.86
+6%
|
1.2
+40%
|
1.68
+40%
|
2.14
+27%
|
2.78
+30%
|
2.95
+6%
|
2.95
N/A
|
2.87
-3%
|
2.49
-13%
|
2.3
-8%
|
2.06
-10%
|
1.79
-13%
|
1.74
-3%
|
1.68
-3%
|
1.51
-10%
|
1.16
-23%
|