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Meridian Bank

Malvern, PA · Cert 57777 · Meridian Corp.

State charter, non-member · FDIC · 7 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets (n=322 to 328). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

14

Q2 2024Q2 2026peer median (50)

Asset Quality

5

Q2 2024Q2 2026peer median (50)

Profitability

36

Q2 2024Q2 2026peer median (50)

Liquidity

0

Q2 2024Q2 2026peer median

Efficiency

34

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Meridian Bank

Malvern, PA · Cert 57777 · Meridian Corp.

State charter, non-member · FDIC · 7 branches

Q2 2026

$2.6BAssets
$2.2BLoans
$2.2BDeposits
$249.5MEquity
Loan mix
78%RE $1.7B22%C&I $0.5B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
89%Interest-bearing $1.9B11%Noninterest $0.3BQ2 2025Q2 2026

NIM

6.49%Q2 ’246.44%Q2 ’256.29%Q2 ’26+15%+7%

Non-interest income vs. expense

3.15%Q2 ’243.16%Q2 ’253.23%Q2 ’26+1%+14%

Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2026 SOD (annual) · 0.3% share · #19 of 88 inst. · $2.2B of $685.1B

7.0% Delaware
2.9% Chester
0.9% Bucks
0.6% Montgomery

Executive Summary

  • Earnings: ROA of 0.76%, down 6 bps year over year; NIM at 3.71%.
  • Asset quality: problem loans at 3.68% of loans (+133 bps YoY), with net charge-offs at 0.93%.
  • Capital: tier 1 leverage ratio of 9.72%, up 40 bps from a year ago.
  • Funding: loans stand at 101.49% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

0.76%-6 bps YoY

Net Interest Margin (YTD, annualized)

3.71%+25 bps YoY

Efficiency Ratio (YTD, annualized)

64.37%+41 bps YoY

Tier 1 Leverage Ratio

9.72%+40 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.82%0.96%1.05%0.46%0.76%-6 bps
Return on Equity9.08%10.60%11.44%4.81%7.95%-113 bps
Net Interest Margin3.46%3.54%3.55%3.76%3.71%+25 bps
Efficiency Ratio63.96%63.20%62.58%63.76%64.37%+41 bps
Non-Interest Burden1.69%1.69%1.67%2.01%1.93%+24 bps
Growth
Asset Growth (YoY)6.86%6.51%7.49%1.98%3.22%-363 bps
Loan Growth (YoY)5.36%6.61%6.86%5.75%3.74%-162 bps
Deposit Growth (YoY)10.24%7.93%7.72%1.97%4.04%-620 bps
Asset Quality
Nonperforming Loans / Loans2.35%2.53%2.50%2.64%3.68%+133 bps
Net Charge-Offs / Loans0.60%0.51%0.54%1.40%0.93%+33 bps
Allowance / Loans0.97%0.99%0.98%0.96%0.96%-1 bps
Allowance Coverage of NPLs0.4x0.4x0.4x0.4x0.3x-0.2x
Capital
Tier 1 Leverage Ratio9.32%9.41%9.50%9.58%9.72%+40 bps
Total Risk-Based Capital9.32%9.41%9.50%9.58%9.72%+40 bps
Equity / Assets9.09%9.29%9.53%9.50%9.63%+54 bps
Liquidity & Funding
Loans / Deposits101.79%102.57%101.89%102.16%101.49%-30 bps
Liquid Assets / Assets2.42%2.30%2.20%1.81%2.16%-26 bps
CRE / Total Capitaln/a457%457%457%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

Meridian Bank

Malvern, PA · Cert 57777 · Peer group: banks $1B-$10B in assets (n=322-328) · Meridian Corp.

State charter, non-member · FDIC · 7 branches

Q2 2026

$2.6BAssets
$2.2BLoans
$2.2BDeposits
$249.5MEquity

Executive Summary

  • Strongest standing: net interest margin outperforms 70% of banks $1B-$10B in assets (rank 97 of 328).
  • Widest gap: total risk-based capital ratio trails 98% of banks $1B-$10B in assets (rank 321 of 328).
  • Overall: at or above the peer median on 1 of 9 directional measures.

Return on Assets

0.75%

Rank 268 of 328

Net Interest Margin

3.71%

Rank 97 of 328

Efficiency Ratio

64.52%

Rank 217 of 328

Equity / Assets

9.63%

Rank 207 of 328

Non-interest income vs. expense

$33.9M$83.8MINCOMEEXPENSE
Unfavorable gap of $49.9M · efficiency ratio beats 34% of banks $1B-$10B in assets
Bank 64.52%Peer median 59.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets0.75%0.91%1.22%1.52%Beats 18%268 / 328
Return on Equity7.84%8.43%11.45%14.43%Beats 19%266 / 328
Net Interest Margin3.71%3.03%3.45%3.83%Beats 70%97 / 328
Efficiency Ratio64.52%51.61%59.56%67.53%Beats 34%217 / 328
Asset Quality
Nonperforming Loans / Loans3.68%0.24%0.51%1.03%Beats 2%316 / 322
Net Charge-Offs / Loans0.50%0.01%0.03%0.10%Beats 7%302 / 322
Capital
Tier 1 Capital Ratio9.72%11.75%13.15%15.47%Beats 2%320 / 328
Total Risk-Based Capital Ratio9.72%12.63%14.15%16.46%Beats 2%321 / 328
Equity / Assets9.63%9.15%10.33%12.01%Beats 37%207 / 328
Liquidity & Funding
Loans / Deposits101.49%76.63%87.92%95.36%90th pctl33 / 323
Loans / Assets86.16%65.18%74.15%79.98%94th pctl20 / 328
Brokered Deposits / Depositsn/aNot reported for this institution