Meridian Bank

Meridian Bank is headquartered in Paoli and is the 88^th largest bank in the state of Pennsylvania. It is also the 1,673^rd largest bank in the nation. It was established in 2004 and as of March of 2012, it had grown to 144 employees at 3 locations. Meridian Bank's money market rates are 25% higher than the national average, and it has a 4-star health rating.

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Data for Q1 2012

Institution Statistics Meridian Bank FDIC Certificate # 57777 BankRate Report View Year Established 2004 Employees 144 Primary Regulator FDIC Assets and Liabilities Assets $398.32 million Loans $347.97 million Deposits $344.46 million Equity Capital $34.87 million Loan Loss Allowance $4.63 million Unbacked Noncurrent Loans $7.57 million Real Estate Owned $2.11 million Historic Data - March 2011 Assets $371.94 million Equity Capital $31.87 million Loan Loss Allowance $3.80 million Unbacked Noncurrent Loans $6.93 million Real Estate Owned $676,000 Profit Margin - Quarterly Net Interest Margin 4.27% Return on Assets 1% Return on Equity 11.64% Interest Income $4.95 million

Institution Health Overall Score: 4 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Meridian Bank had $9.67 million in non-current loans and owned real-estate with $39.51 million in equity and loan loss allowances on hand to cover it. This gives Meridian Bank a Texas Ratio of 24.49% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Meridian Bank held steady from 21.32% as of March 31, 2011 to 24.49% as of March 31, 2012, resulting in a negative change of 14.83%. This indicates that the balance sheet and financial strength for Meridian Bank has held steady in recent periods. Deposit Growth In the past year, Meridian Bank has increased its total deposits by $21.65 million, resulting in 6.71% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Meridian Bank has shown is excellent. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Meridian Bank has $398.32 million in assets with $39.51 million in equity, resulting in a capitalization level of 9.92%, which is average.

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