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.
Overall | |
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FDIC Certificate # | 57777 |
Year Established | 2004 |
Employees | 357 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.83% |
Return on Equity - YTD | 9.47% |
Annual Interest Income | $30.9MM |
Assets and Liabilities | ||
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Assets | Q1 2023vs Q1 2022 | $2.23B$1.83B |
Loans | Q1 2023vs Q1 2022 | $1.83B$1.49B |
Deposits | Q1 2023vs Q1 2022 | $1.78B$1.57B |
Equity Capital | Q1 2023vs Q1 2022 | $188.0MM$194.3MM |
Loan Loss Allowance | Q1 2023vs Q1 2022 | $20.4MM$18.8MM |
Unbacked Noncurrent Loans | Q1 2023vs Q1 2022 | $23.1MM$22.8MM |
Real Estate Owned | Q1 2023vs Q1 2022 | $1.7MM$0 |
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 |