MRBK 8-K
Meridian Corp (MRBK)
8-K
2023-10-12
For: 2023-10-12
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Added on
April 10, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Ident. No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||
(484) 568-5000 Registrant’s telephone number, including area code | ||||||||||||||
| Not Applicable | ||||||||||||||
| (Former name or former address, if changed since last report.) | ||||||||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class: | Trading Symbol(s) | Name of each exchange on which registered: | ||||||||||||
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 11, 2023, Meridian Bank (a subsidiary of Meridian Corporation) announced the planned retirement of Joseph Cafarchio, Chief Credit Officer, effective October 13, 2023. Mr. Cafarchio has served in that position with Meridian since Meridian’s inception in 2004. Mr. Cafarchio will be succeeded in his role as Chief Credit Officer by Andy Fox, who joined Meridian after serving as a senior credit officer at a top 10 U.S. commercial bank.
Item 7.01. Regulation FD Disclosure.
A copy of the press release announcing Mr. Cafarchio's planned retirement and Mr. Fox's appointment is filed herewith as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The following exhibit is furnished herewith:
| Exhibit No. | Description of Exhibit | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MERIDIAN CORPORATION (Registrant) | ||||||||||||||
| Dated: October 12, 2023 | ||||||||||||||
| By: | /s/ Denise Lindsay | |||||||||||||
| Denise Lindsay | ||||||||||||||
| Executive Vice President and Chief Financial Officer | ||||||||||||||
FOR IMMEDIATE RELEASE 484.568.5001
Contact: Christopher J. Annas [email protected]
Meridian Bank Announces Retirement of Chief Credit Officer Joe Cafarchio
Malvern, Pa. (October 11, 2023) – Meridian Bank (Nasdaq: MRBK) announced the retirement of Joseph Cafarchio, Chief Credit Officer, effective October 13, 2023. Mr. Cafarchio has served in the position since Meridian’s inception in 2004.
Prior to joining Meridian, Joe had a long career in the Philadelphia-area banking community, including positions with National Penn Bank, Stonebridge Bank and the Philadelphia Federal Reserve, where he started his career after graduating from Wharton. Before entering the financial world, he pursued his other professional passion as a saxophonist in a nationally touring band. While at Meridian, Joe often combined these two areas of talent by breaking out his horn to the delight of all at Meridian employee and customer events.
“Joe has been here since the beginning, and his contribution to the dynamic growth and success of this institution is inestimable,” said Meridian founder and CEO, Chris Annas. “Joe shaped our credit philosophy that complemented Meridian’s entrepreneurial instincts. While he will be sorely missed, both professionally and personally, his legacy will continue to inspire all of us. We all wish Joe and his wife, Margie, the very best.”
Mr. Cafarchio will be succeeded in his role as Chief Credit Officer by Andy Fox.
About Meridian Corporation
Meridian Bank, the wholly owned subsidiary of Meridian Corporation, is an innovative community bank serving Pennsylvania, New Jersey, Delaware, Maryland and Florida. Through more than 20 offices, including bank branches and mortgage locations, Meridian offers a full suite of financial products and services. Meridian specializes in business and industrial lending, retail and commercial real estate lending, electronic payments and wealth management solutions through Meridian Wealth Partners. Meridian also offers a broad menu of high-yield depository products supported by robust online and mobile access. For additional information, visit our website at www.meridianbanker.com. Member FDIC. Equal Housing Lender.