Meridian reported FY 2025 net income of USD 21.8 million, up 34%. FY 2025 net interest income rose 24% to USD 87.97 million, and net interest margin widened to 3.64% from 3.16%. FY 2025 non-interest income fell 5% to USD 39.18 million, largely due to lower MSR sales and other non-interest income. FY 2025 provision for credit losses increased 33% to USD 15.2 million, driven by higher net charge-offs on construction and small business loans and higher specific reserves as nonperforming loans increased. Total assets grew 7% to USD 2.56 billion at Dec. 31, 2025, while portfolio loans increased 7% to USD 2.2 billion and total deposits rose 8% to USD 2.16 billion.

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