STEELE BANCORP Stock Price, News & Analysis

Steele Bancorp, Inc. (STLE) is a Pennsylvania corporation that operates as a bank holding company following a merger and name change described in its SEC filings. The company is identified in Commission File Number 333-284191 and uses IRS Employer Identification Number 23-2362874, as disclosed in multiple Form 8-K and Form 8-K/A reports filed with the U.S. Securities and Exchange Commission.

According to a Form 8-K/A dated October 10, 2025, Steele Bancorp, Inc. is the renamed successor to Mifflinburg Bancorp, Inc. In that filing, the company reports that on August 1, 2025, Mifflinburg Bancorp, Inc. completed a merger with Northumberland Bancorp pursuant to an Agreement and Plan of Merger originally dated September 24, 2024 and amended on December 4, 2024. Under the terms of that merger agreement, Northumberland Bancorp merged with and into Mifflinburg Bancorp, Inc., with Mifflinburg as the surviving entity.

The same Form 8-K/A explains that Northumberland Bancorp’s wholly owned banking subsidiary, The Northumberland National Bank (also referred to as "Norry Bank"), merged with and into Mifflinburg Bancorp, Inc.’s wholly owned banking subsidiary, Mifflinburg Bank and Trust Company. Mifflinburg Bank and Trust Company remained as the surviving bank in that transaction. In connection with the completion of these mergers, Mifflinburg Bancorp, Inc. changed its name to Steele Bancorp, Inc., and Mifflinburg Bank and Trust Company changed its name to Central Penn Bank & Trust, which is referred to in the filing as "Central Penn."

Steele Bancorp, Inc. reports its principal location in Mifflinburg, Pennsylvania. Multiple Form 8-K filings list the company’s address as being in Mifflinburg, Pennsylvania 17844 and provide a Pennsylvania telephone area code, indicating that the organization is based in that region. These filings also confirm that the registrant is organized under the laws of the Commonwealth of Pennsylvania.

Steele Bancorp, Inc. reports that it has no securities registered under Section 12(b) of the Securities Exchange Act of 1934. An 8-K filed on November 21, 2025 includes a table stating that there is no class of securities listed on a national securities exchange and that there is no exchange on which its securities are registered under Section 12(b). This indicates that, based on the available filings, Steele Bancorp, Inc. does not have securities listed on a national securities exchange under Section 12(b) at the time of those reports.

In its SEC disclosures, Steele Bancorp, Inc. identifies itself as an entity that may be considered for emerging growth company status under Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Securities Exchange Act of 1934. However, in the 8-K and 8-K/A filings provided, the company indicates by an unchecked box that it is not treating itself as an emerging growth company for the purposes of those particular reports.

Steele Bancorp, Inc. uses periodic current reports on Form 8-K to communicate material corporate developments. For example, a Form 8-K dated November 7, 2025 states that the company’s President and Chief Executive Officer announced unaudited consolidated financial results for the three and nine months ended September 30, 2025, and that a press release titled "Steele Bancorp, Inc., Reports Third Quarter 2025 Earnings" was issued and attached as Exhibit 99.1. Another Form 8-K dated November 21, 2025 reports that Steele Bancorp, Inc. issued a press release titled "Steele Bancorp, Inc. Declares Dividend," also attached as Exhibit 99.1 and incorporated by reference.

Dividend-related communications are a recurring topic in Steele Bancorp, Inc.’s filings. A Form 8-K dated September 29, 2025 notes that Steele Bancorp, Inc. sent a letter to shareholders providing an update to the dividend payment schedule. That shareholder letter is furnished as Exhibit 99.1 to the filing. These disclosures show that the company uses SEC filings to inform shareholders about dividend decisions and timing, in addition to reporting earnings and merger-related information.

Through the merger and name change described in its Form 8-K/A, Steele Bancorp, Inc. brings together the legacy operations of Mifflinburg Bancorp, Inc., Northumberland Bancorp, Mifflinburg Bank and Trust Company, and The Northumberland National Bank under the Steele Bancorp and Central Penn Bank & Trust names. The filings also include audited and unaudited financial statements of Northumberland Bancorp and unaudited pro forma condensed consolidated combined financial information as exhibits, which are referenced as part of the company’s regulatory disclosures.

Business background and corporate structure

Based on the merger description in the Form 8-K/A, Steele Bancorp, Inc. functions as the surviving holding company after the combination of Mifflinburg Bancorp, Inc. and Northumberland Bancorp. Its principal banking subsidiary is identified as Central Penn Bank & Trust, which is the new name for Mifflinburg Bank and Trust Company following the merger. The Northumberland National Bank ceased to exist as a separate bank after merging into Mifflinburg Bank and Trust Company, with the latter remaining as the surviving institution.

The company’s filings emphasize the legal and accounting aspects of the merger, including the incorporation by reference of historical financial statements of Northumberland Bancorp and pro forma financial information. This indicates that Steele Bancorp, Inc. presents combined financial data reflecting the merger of the two banking organizations, as required by SEC rules for significant business combinations.

Regulatory reporting and disclosures

Steele Bancorp, Inc. uses Form 8-K and Form 8-K/A to disclose a range of corporate events. The Form 8-K/A dated October 10, 2025 is filed as Amendment No. 1 to an earlier Form 8-K that reported the completion of the mergers on August 1, 2025. The amendment is described as being filed "solely to amend and supplement Item 9.01" of the original report, specifically to provide audited consolidated financial statements of Northumberland Bancorp, unaudited consolidated financial statements for interim periods, and unaudited pro forma condensed consolidated combined financial information.

Other 8-K filings focus on operating and capital actions. The November 7, 2025 Form 8-K is filed under Item 2.02, "Results of Operations and Financial Condition," and references an earnings press release. The September 29, 2025 Form 8-K is filed under Item 7.01, "Regulation FD Disclosure," in connection with a letter to shareholders about the dividend payment schedule. The November 21, 2025 Form 8-K is filed under Item 8.01, "Other Events," in connection with a dividend declaration press release. These filings illustrate how Steele Bancorp, Inc. communicates financial results and shareholder-related decisions through the SEC’s EDGAR system.

Stock and trading status

In the November 21, 2025 Form 8-K, Steele Bancorp, Inc. includes a table under "Securities registered pursuant to Section 12(b) of the Exchange Act" that lists "None" for both the title of each class and the name of each exchange on which registered. This indicates that, according to that filing, Steele Bancorp, Inc. does not have securities registered under Section 12(b) on a national securities exchange at that time. The filings provided do not specify any trading symbol on a national exchange, and they do not identify any class of securities registered under Section 12(b).

Use of exhibits and financial information

The Form 8-K/A dated October 10, 2025 lists several exhibits that are integral to understanding Steele Bancorp, Inc.’s combined financial position after the merger. These include Northumberland Bancorp’s audited consolidated financial statements for the years ended December 31, 2024 and 2023 (Exhibit 99.1), Northumberland’s unaudited consolidated financial statements for the six-month periods ended June 30, 2025 and 2024 (Exhibit 99.2), and unaudited pro forma condensed consolidated combined financial information (Exhibit 99.3). The filing also references a cover page interactive data file embedded in Inline XBRL format as Exhibit 104.

In other 8-K filings, Steele Bancorp, Inc. attaches press releases and shareholder communications as Exhibit 99.1, such as the third quarter earnings release, the dividend declaration announcement, and the letter updating the dividend payment schedule. These exhibits provide additional narrative and quantitative context beyond the core Form 8-K items, and they are incorporated by reference into the filings.

Summary

According to the SEC filings provided, Steele Bancorp, Inc. is a Pennsylvania-based bank holding company that emerged from the merger of Mifflinburg Bancorp, Inc. and Northumberland Bancorp, accompanied by a name change and the renaming of its principal banking subsidiary to Central Penn Bank & Trust. The company uses SEC Form 8-K and Form 8-K/A to report merger completion, furnish historical and pro forma financial statements, announce earnings, and communicate dividend-related information to shareholders. Its filings state that it has no securities registered under Section 12(b) of the Exchange Act on a national securities exchange.