Meridian Bank
Meridian Bank reported total assets of $2.6 bn at Q2 2026, up 3.2% on a year earlier, the 482nd largest of 497 banks in our US coverage. Meridian Bank uses the community bank leverage ratio framework, with a leverage ratio of 9.72%, and the uninsured share of Meridian Bank was 30.66%. Source: FDIC Call Reports.
Key takeaways
- Meridian Bank has one of the highest noncurrent loans to total loans readings among banks of $1 bn to $10 bn: 3.68% at , against a median of 0.58% across 339 banks (FDIC Call Reports).
- On return on equity (ROE), Meridian Bank slipped from 342nd to 418th among 500 US banks between and (1 = highest; FDIC Call Reports).
- At 0.93%, the net charge-offs to average loans of Meridian Bank sits in the top tenth of its size group ($1 bn to $10 bn, 339 banks), where the median is 0.06% (FDIC Call Reports).
What sets Meridian Bank apart
How large is Meridian Bank?
The balance sheet of Meridian Bank at : assets $2.6 bn, deposits $2.2 bn, net loans $2.2 bn (loans equal to 100.52% of deposits). Securities make up 9.1% of total assets at Meridian Bank. Since , when Meridian Bank held $644.5 mn, its assets grew 302.1%. In the year to , deposits at Meridian Bank rose 4.0% while its total assets rose 3.2%. At , Meridian Bank employed 327 full-time equivalent staff across 7 offices, about $7.9 mn of assets per employee and $314.3 mn of deposits per office.
How much funding at Meridian Bank is uninsured?
At Meridian Bank, uninsured deposits (above the FDIC limit) made up 30.66% of domestic deposits at (-2.14 pp on a year earlier); Meridian Bank ranks 305th of 500 on this measure. In dollars, Meridian Bank estimated $674.5 mn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $2.2 bn | +4.0% | 476th of 499 |
| Net loans and leases | $2.2 bn | +3.8% | 407th of 500 |
| Loan-to-deposit ratio | 100.52% | -0.29 pp | 53rd of 500 |
| Net interest margin | 3.92% | +0.26 pp | 165th of 500 |
| Return on assets (ROA) | 0.76% | -0.06 pp | 439th of 500 |
| Efficiency ratio | 64.37% | +0.41 pp | 390th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $2.5 mn | Narrowed by $1.1 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $4.7 mn | Narrowed by $3.7 mn | |
| Noncurrent loans to total loans | 3.68% | +1.33 pp | 489th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.93% | +0.32 pp | 468th of 500 (1 = lowest) |
US rank of Meridian Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Meridian Bank: assets, deposits and loans
- Total assets $2.6bn
- Deposits $2.2bn
- Net loans $2.2bn
Capital and securities
Meridian Bank uses the community bank leverage ratio framework, so it reports no risk-based ratios; its leverage ratio was 9.72% in . Equity capital of Meridian Bank at : $249.5 mn, or 9.6% of total assets.
On held-to-maturity securities, Meridian Bank carried an unrealized loss of $2.5 mn at , equal to 1.0% of equity capital. The loss narrowed by $1.1 mn over the year. Its deepest point: $5.6 mn in . The available-for-sale portfolio of Meridian Bank showed an unrealized loss of $4.7 mn at ; the loss narrowed by $3.7 mn over the year.
Meridian Bank: capital ratios
- Total capital 16%
- CET1 15%
- Tier 1 leverage 9.7%
Meridian Bank: unrealized securities gains and losses
- Available for sale -$5mn
- Held to maturity -$3mn
Profitability and loan quality
For the year to , Meridian Bank earned a return on equity of 7.95%; return on assets: 0.76%. Net interest margin at Meridian Bank: 3.92%, +0.26 pp in a year. Meridian Bank net income: $9.8 mn, down 3.2% year on year. The efficiency ratio of Meridian Bank was 64.37%: about 64 cents cost per revenue dollar, against 44 cents at the median peer.
At , noncurrent loans were 3.68% of total loans at Meridian Bank; net charge-offs: 0.93% of average loans. Gross loans and leases at Meridian Bank: $2.2 bn, up 3.7% in a year.
Meridian Bank: profitability
- Return on equity 8.0%
- Net interest margin 3.9%
- Return on assets 0.8%
Peer group of Meridian Bank
The peer group of Meridian Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 3 share the charter type of Meridian Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Pennsylvania. Against them, Meridian Bank shows return on equity 7.95% against a peer median of 11.59% and uninsured deposit share 30.66% against a peer median of 28.80%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Fidelity Bank & Trust | State nonmember bank | IA | $2.6 bn | 10.67% | 12.72% | 41.01% | |
| Dedham Institution for Savings | State-chartered stock savings bank | MA | $2.6 bn | 13.93% | 7.99% | 35.75% | |
| KS StateBank | State nonmember bank | KS | $2.6 bn | not reported | 15.22% | 21.85% | |
| Meridian Bank | State nonmember bank | PA | $2.6 bn | not reported | 7.95% | 30.66% | |
| Wells Fargo Bank South Central | National bank | TX | $2.6 bn | 80.53% | 5.69% | 0.46% | |
| State Bank of Texas | State nonmember bank | TX | $2.6 bn | not reported | 27.93% | 16.58% | |
| First National Bank | National bank | AR | $2.6 bn | 13.42% | 10.46% | 37.85% | |
. FDIC Call Reports.
Last eight quarters
Two years at Meridian Bank, to : assets +8.6%, deposits +11.2%, equity +14.9%. Staff 316 to 327; offices 6 to 7.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.4 bn | $2.4 bn | $2.5 bn | $2.5 bn | $2.5 bn | $2.6 bn | $2.6 bn | $2.6 bn |
| Total deposits | $2.0 bn | $2.0 bn | $2.1 bn | $2.1 bn | $2.1 bn | $2.2 bn | $2.2 bn | $2.2 bn |
| Bank equity capital | $217.0 mn | $219.1 mn | $220.8 mn | $228.1 mn | $236.0 mn | $243.9 mn | $244.6 mn | $249.5 mn |
| Return on equity (ROE) | 8.26% | 9.04% | 6.18% | 9.08% | 10.59% | 11.44% | 4.81% | 7.95% |
| Uninsured share of domestic deposits | 30.66% | 34.22% | 35.54% | 32.80% | 32.06% | 32.72% | 30.62% | 30.66% |
| Full-time equivalent employees | 316 | 318 | 309 | 313 | 320 | 320 | 311 | 327 |
| Number of offices | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Meridian Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Meridian Bank?
Meridian Bank reported $2.6 bn at in its Call Report. That makes Meridian Bank the 482nd largest of 497 banks in our US coverage.
Is Meridian Bank the same as its holding company?
No. This page covers Meridian Bank, FDIC certificate 57777; Meridian Corp, its holding company, reports separately to the Federal Reserve.
Is Meridian Bank profitable?
Meridian Bank reported net income of $9.8 mn for the year to ; annualized return on equity: 7.95%. So yes: Meridian Bank made a profit over these months.
When is data for Meridian Bank next updated?
Figures from Meridian Bank for are due after .
Where can I check the figures for Meridian Bank?
In the FDIC BankFind Suite record for certificate 57777, and in the Call Reports of Meridian Bank (RSSD ID 3271799) at the FFIEC Central Data Repository.