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  2. Meridian Bank

Meridian Bank


Overview / Commentary
www.meridianbanker.com
610-854-2530
1776 E. Lancaster Avenue
Paoli, PA 19301

Meridian Bank is headquartered in PAOLI and is the 22nd largest bank in the state of Pennsylvania. It is also the 508th largest bank in the nation. It was established in 2004 and as of March of 2023, it had grown to 357 employees at 6 locations. Meridian Bank has a B health rating.

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Health
B

Data as of Q1 2023

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Health Grade Components

Overall
FDIC Certificate #57777
Year Established2004
Employees357
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.83%
Return on Equity - YTD9.47%
Annual Interest Income$30.9MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$2.23B$1.83B
LoansQ1 2023vs Q1 2022$1.83B$1.49B
DepositsQ1 2023vs Q1 2022$1.78B$1.57B
Equity CapitalQ1 2023vs Q1 2022$188.0MM$194.3MM
Loan Loss AllowanceQ1 2023vs Q1 2022$20.4MM$18.8MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$23.1MM$22.8MM
Real Estate OwnedQ1 2023vs Q1 2022$1.7MM$0
Rates

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Locations


Meridian Bank Locations
West Chester Office Branch16 W. Market StreetWest Chester, PA 19382
Meridian Bank1776 Lancaster AvePaoli, PA 19301
Media Branch100 East State StreetMedia, PA 19063
Doylestown Branch1719a South Easton RoadDoylestown, PA 18901
Blue Bell Branch653 Skippack Pike, Suite 116Blue Bell, PA 19422
Meridian Bank - Philadelphia1760 Market StreetPhiladelphia, PA 19103

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