Meridian Corp Annual Interest Expense in USD from 2017 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Meridian Corp quarterly/annual Interest Expense history and growth rate from 2017 to 2023.
  • Meridian Corp Interest Expense for the quarter ending March 31, 2024 was $20.6M, a 55.3% increase year-over-year.
  • Meridian Corp Interest Expense for the twelve months ending March 31, 2024 was $75M, a 150% increase year-over-year.
  • Meridian Corp annual Interest Expense for 2023 was $67.6M, a 264% increase from 2022.
  • Meridian Corp annual Interest Expense for 2022 was $18.6M, a 121% increase from 2021.
  • Meridian Corp annual Interest Expense for 2021 was $8.41M, a 38.4% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $67.6M +$49.1M +264% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-15
2022 $18.6M +$10.2M +121% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-15
2021 $8.41M -$5.25M -38.4% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-16
2020 $13.7M -$2.87M -17.3% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-16
2019 $16.5M +$5.12M +44.9% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-29
2018 $11.4M +$4.63M +68.2% Jan 1, 2018 Dec 31, 2018 10-K 2020-03-30
2017 $6.78M Jan 1, 2017 Dec 31, 2017 10-K 2019-04-01
* An asterisk sign (*) next to the value indicates that the value is likely invalid.