Meridian Bank


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

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.

Reviews

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Health

Health Grade Components

Overall
FDIC Certificate #57777
Year Established2004
Employees322
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD7.23%
Annual Interest Income$75.7MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$2.35B$2.21B
LoansQ2 2024vs Q2 2023$2.02B$1.88B
DepositsQ2 2024vs Q2 2023$1.92B$1.79B
Equity CapitalQ2 2024vs Q2 2023$211.3MM$192.2MM
Loan Loss AllowanceQ2 2024vs Q2 2023$21.7MM$20.2MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$37.6MM$27.4MM
Real Estate OwnedQ2 2024vs Q2 2023$1.9MM$1.7MM
Rates

Rates for Meridian Bank are currently being reviewed.

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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