Name | Value |
---|---|
Revenues | 43.7M |
Cost of Revenue | 0.0M |
Gross Profit | 43.7M |
Operating Expense | 6.5M |
Operating I/L | 37.2M |
Other Income/Expense | -2.8M |
Interest Income | 36.3M |
Pretax | 0.7M |
Income Tax Expense | 0.2M |
Net Income/Loss | 0.6M |
Meridian Corporation operates as a holding company for Meridian Bank, offering commercial banking products and services in Pennsylvania, New Jersey, Delaware, and Maryland. The company provides a range of deposit products, commercial and industrial loans, commercial real estate and construction loans, consumer and home equity lending, mortgage loans, investment advisory, and equipment leasing services. With a network of 6 full-service branches and 19 other offices, Meridian Corporation generates revenue through interest income from loans, fees from various banking services, and returns on investments.