MID Penn Bancorp INC: insider trades · United States · SEC (Form 4)

About MID Penn Bancorp INC

Mid Penn Bancorp Inc. is a U.S. regional banking holding company listed on the NASDAQ under the ticker MPB, with headquarters in Harrisburg, Pennsylvania, United States. For French-speaking investors in Europe, it fits the profile of a community bank: a locally rooted financial institution that competes through relationship banking, proximity to customers, and a broad service offering for consumers, small businesses, nonprofits, and local organizations. Its core operating subsidiary is Mid Penn Bank, complemented by nonbank businesses grouped under MPB Financial Services. The company’s roots go back to 1868, when its predecessor, Millersburg Bank, was organized. It became a state-chartered bank in 1931, received trust powers in 1935, and adopted the Mid Penn Bank name in 1971. That long operating history is important from a competitive standpoint: Mid Penn combines a deep local heritage with a growth strategy built on acquisitions and product diversification. Over time, the group has used both bank and nonbank deals to broaden its footprint and extend its mix of revenue streams. Operationally, Mid Penn offers a full suite of retail and commercial banking products, including checking and savings accounts, mobile banking, mortgages, home equity loans and lines of credit, credit cards, commercial loans, commercial lines of credit, SBA lending, agricultural loans, and merchant services. Beyond traditional banking, the group also provides trust and investment services, wealth management, private banking, and insurance solutions through MPB Risk Services. This wider platform helps Mid Penn balance spread income with fee income, while reducing reliance on any single business line. Geographically, the franchise remains centered in Pennsylvania, while also serving two counties in New Jersey. As of year-end 2024, the bank operated 45 full-service retail locations, giving it a meaningful regional presence rather than a national one. Its competitive position is therefore based less on scale than on customer relationships, local decision-making, and the ability to offer a comprehensive product set similar to larger banks, but with a more community-oriented delivery model. Recent developments underline an active consolidation strategy. In 2025, Mid Penn completed its acquisition of William Penn Bancorporation and later announced an agreement to acquire 1st Colonial Bancorp, signaling continued expansion of its balance sheet, deposit base, and market coverage. The company also continued its long track record of quarterly dividends, which is often viewed positively by income-oriented investors and as evidence of capital discipline. Overall, Mid Penn Bancorp looks like a steadily growing regional bank franchise in the United States, combining local heritage, diversified financial services, and a measured but opportunistic acquisition strategy.