Meridian Bank is headquartered in WAYNE and is the 23rd largest bank in the state of Pennsylvania. It is also the 510th largest bank in the nation. It was established in 2004 and as of June of 2024, it had grown to 322 employees at 6 locations. Meridian Bank has a B health rating.
Overall | |
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FDIC Certificate # | 57777 |
Year Established | 2004 |
Employees | 322 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.66% |
Return on Equity - YTD | 7.23% |
Annual Interest Income | $75.7MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $2.35B$2.21B |
Loans | Q2 2024vs Q2 2023 | $2.02B$1.88B |
Deposits | Q2 2024vs Q2 2023 | $1.92B$1.79B |
Equity Capital | Q2 2024vs Q2 2023 | $211.3MM$192.2MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $21.7MM$20.2MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $37.6MM$27.4MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $1.9MM$1.7MM |
Rates for Meridian Bank are currently being reviewed.
Meridian Bank Locations | ||
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West Chester Office Branch | 16 W. Market Street | West Chester, PA 19382 |
Meridian Bank | 1776 Lancaster Ave | Paoli, PA 19301 |
Media Branch | 100 East State Street | Media, PA 19063 |
Doylestown Branch | 1719a South Easton Road | Doylestown, PA 18901 |
Blue Bell Branch | 653 Skippack Pike, Suite 116 | Blue Bell, PA 19422 |
Meridian Bank - Philadelphia | 1760 Market Street | Philadelphia, PA 19103 |