ADDED
As of March 9, 2026 there were 11,875,178 shares of common stock outstanding.
We have a financial services business model with non-interest revenue streams from mortgage banking, the sale of SBA loan guarantees and wealth management services.
Our portfolio includes business lines of credit, term loans, small business lending and financing, and lease financing.
Wealth Management and Advisory Services The second line of business is wealth management and advisory services.
Such clients include professionals, higher net worth individuals, companies seeking to provide benefits plans for their employees, business and consumer customers of the bank, and more.
The mortgage division performs origination, processing, underwriting, closing and post-closing functions both from our East Norriton mortgage headquarters with 5 other loan production offices in the Delaware Valley tri-state market and also in Florida, and from Maryland through our footprint of 2 other production/processing offices in the state.
The West Chester and Media branches serve Chester and Delaware counties, respectively, while the Doylestown and Blue Bell branches serve Bucks and Montgomery counties, respectively, and our sixth branch is in Center City Philadelphia.
In 2025 we opened up our seventh branch in the southwest Florida town of Bonita Springs.
Census Bureau 2024, the median household income in this area is $101 thousand compared to the national average of $82 thousand, while the total population in this market was 4,218,131.
Census Bureau 2024, the median household income in the Baltimore metropolitan area is $116 thousand compared to the national average of $82 thousand, while the total population in this market was 4,183,315.
REMOVED
As of March 10, 2025 there were 11,285,278 shares of common stock outstanding.
We have a financial services business model with non-interest revenue streams from mortgage lending, SBA lending and wealth management services.
Our portfolio includes business lines of credit, term loans, SBA lending, lease financing, other financings, and SNCs.
Such clients include professionals, higher net worth individuals, companies seeking to provide benefits plans for their employees, and more.
The mortgage division performs origination, processing, underwriting, closing and post-closing functions both from our Blue Bell mortgage headquarters with 5 other loan production offices in the Delaware Valley tri-state market, and from Maryland through our footprint of 3 other production/processing offices in the state.
The West Chester and Media branches serve Chester and Delaware counties, respectively, while the Doylestown and Blue Bell branches serve Bucks and Montgomery counties, respectively.
Census Bureau 2020, the median household income in this area is $88,336 compared to the national average of $62,843, while the total population in this market was 4,198,000.
Census Bureau 2020, the median household income in the Baltimore metropolitan area is $105,582 compared to the national average of $62,843, while the total population in this market was 3,774,350.
Human Capital Resources At December 31, 2024, we employed 322 individuals, nearly all of whom are full-time and of which 48% are women.
Women make up 32% of all officers throughout the Meridian organization.