Every 8-K that Mid Penn Bancorp, Inc. (MPB) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MPB and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MPB filings page.
Mid Penn Bancorp, Inc. (MPB) reported two key corporate governance updates. Gregory B. Braca has been appointed to the Board of Directors effective September 16, 2026, as an independent director and will serve as a Class B director with a term expiring in 2027. He will sit on the Audit, Compensation, and Risk Committees and receive compensation under the 2026 outside director fee schedule.
Braca brings over 40 years of experience, including serving as president and chief executive officer of TD Bank, which has over $400 billion in assets, and multiple other leadership and board roles in financial and technology-related firms. Separately, on August 26, 2026, the Board approved amendments to the Amended and Restated Bylaws to phase in the declassification of the Board of Directors. Beginning with the 2029 annual meeting, all directors will be elected to one-year terms, with existing Class A, B, and C directors’ terms aligned to expire at that meeting.
Mid Penn Bancorp, Inc. describes a change in control agreement between its wholly owned subsidiary Mid Penn Bank and First Executive Vice President and Chief Operating Officer Dana R. Stewart, effective July 31, 2026. The agreement has a fixed three-year term with automatic one-year renewals and a double-trigger structure requiring both a change in control of the Corporation and either an involuntary termination without "cause" or a voluntary resignation for "good reason" for benefits to be paid. Upon a qualifying termination on or within twelve months after a change in control, Mr. Stewart is entitled to a lump-sum cash payment equal to 2.25 times his highest annual base salary in the prior twelve months, plus continued eligibility for medical, vision, and dental coverage for twenty-seven months or a cash payment equal to the estimated after-tax cost of comparable benefits. Depending on the termination circumstances, Mr. Stewart is subject to non-solicitation covenants lasting up to twelve months for employees and up to six months for customers.
Mid Penn Bancorp, Inc. presents an investor update showing a larger, more diversified franchise as of June 30, 2026. Total assets were $7.1 billion, gross loans $5.6 billion and deposits $6.0 billion. Quarterly net income was $21.7 million, or $0.85 per share, with core net income of $22.0 million, or $0.87 per share.
The bank reports annualized ROAA of 1.24%, net interest margin of 4.06%, and nonperforming assets equal to 0.52% of assets, with net charge‑offs of 0.00% of average loans. Tangible common equity to assets was 10.5%. Completed acquisitions of William Penn Bancorporation ($120 million), 1st Colonial Bancorp ($106 million), Charis Insurance Group ($4 million) and Cumberland Advisors ($3.2 billion of assets under management) broadened its geographic footprint and fee‑based businesses.
Management highlights a granular loan book, including $2.0 billion of multifamily and non‑owner‑occupied commercial real estate with a weighted‑average loan‑to‑value of 56.7%, and leading community‑bank deposit share in the Harrisburg area. The Board declared a quarterly dividend of $0.23 per share, 4.55% above the prior quarter, payable August 14, 2026.
Mid Penn Bancorp, Inc. reported strong results for the quarter ended June 30, 2026, with net income available to common shareholders of $21.7 million, or $0.86 basic and $0.85 diluted EPS, up from $4.8 million a year earlier and above the $0.79 analyst consensus. Tax-equivalent net interest margin reached 4.06%, driven by higher loan and securities yields and lower funding costs, as net interest income rose to $65.3 million. Total loans grew to $5.6 billion, including acquisitions and $186.8 million of organic growth since June 30, 2025, while total deposits increased to $6.0 billion despite a planned reduction in brokered certificates of deposit.
Asset quality remained solid, with net charge-offs of $22 thousand (about 0.0004% of average loans), an allowance for credit losses on loans of 0.74% of loans and nonperforming assets of $36.8 million, or 0.52% of total assets. Profitability ratios improved, including a return on average assets of 1.24%, return on average equity of 9.75%, and a better core efficiency ratio of 59.82%. Shareholders’ equity rose to $901.9 million, tangible book value per common share to $28.18, and Mid Penn repurchased 76,000 shares, returning about $2.5 million. The Board declared the company’s 63rd consecutive quarterly dividend, increasing it 4.55% to $0.23 per common share, payable August 14, 2026 to shareholders of record on August 3, 2026.
Mid Penn Bancorp, Inc. reported the results of its Annual Meeting of Shareholders. Of 25,339,110 common shares outstanding as of the record date, 20,120,398 shares were represented in person or by proxy, providing a strong voting turnout.
Shareholders elected five Class A directors—Thomas R. Brugger, Albert J. Evans, Joel L. Frank, Brian A. Hudson, Sr., and John E. Noone—to three-year terms, each receiving more votes for than withheld. They also approved, on a non-binding basis, the executive compensation program, with 17,185,517 votes for, 509,600 against, and 157,854 abstentions.
In addition, shareholders ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, with 19,964,116 votes for, 102,301 against, and 53,981 abstentions.
Mid Penn Bancorp, Inc. provides an investor presentation for its Annual Meeting of Shareholders, outlining recent performance, strategy, and governance items. The meeting covers electing five Class A directors, a non-binding advisory vote on executive compensation, and ratifying Deloitte & Touche LLP as auditor for 2026.
The bank reports $7.0 billion in assets, $5.5 billion in gross loans, and $6.0 billion in deposits as of March 31, 2026. First-quarter net income is $8.7 million, or $0.36 per share, with core net income of $15.3 million, or $0.64 per share, supported by a net interest margin of 3.80%.
Asset quality metrics are conservative, with nonperforming assets at 0.55% of assets and annualized net charge-offs at 0.08% of average loans. The bank highlights a diversified commercial real estate portfolio and strong deposit franchise, alongside recent acquisitions in Philadelphia banking, Florida wealth management, insurance, and prior Pennsylvania banking deals.
Mid Penn emphasizes long-term shareholder returns, citing a 10-year total shareholder return of 174%, outpacing selected peer medians. It also notes a long dividend history, including its 62nd consecutive quarterly dividend of $0.22 per share, bringing total 2026 dividends to an annualized $0.93 per share when including a special dividend.
Mid Penn Bancorp, Inc. reported first quarter 2026 net income available to common shareholders of $8.7 million, or $0.36 per share, down from $13.7 million, or $0.71, a year earlier, mainly due to merger-related and other one-time expenses.
On a non-GAAP basis, adjusted net income rose 10.0% to $15.3 million, with adjusted EPS of $0.64 versus $0.72 as the share count increased after acquisitions. Total loans grew to $5.5 billion and deposits to $6.0 billion at March 31, 2026, helped by the acquisitions of 1st Colonial Bancorp and Cumberland Advisors.
The Board extended and expanded the treasury stock repurchase program, authorizing up to an additional $50 million of common stock repurchases through April 30, 2027, and declared a quarterly cash dividend of $0.22 per share payable May 15, 2026, marking the 62nd consecutive quarterly dividend.
Mid Penn Bancorp, Inc. completed its acquisition of 1st Colonial Bancorp, Inc., a cash-and-stock merger valued at approximately $106.1 million. Mid Penn issued about 2,111,076 new shares and paid roughly $37.5 million in cash to 1st Colonial shareholders, using a mix of Mid Penn stock and $18.50 per-share cash elections.
The deal extends Mid Penn’s banking footprint into the greater Philadelphia metropolitan area and southern New Jersey, bringing combined consolidated assets to roughly $7 billion. Following closing, 1st Colonial’s bank subsidiary was merged into Mid Penn Bank, and former 1st Colonial director Thomas R. Brugger joined the boards of Mid Penn and Mid Penn Bank.
Mid Penn Bancorp, Inc. announced that shareholders of 1st Colonial Bancorp, Inc. approved the companies’ merger agreement, clearing a key step toward combining 1st Colonial with and into Mid Penn.
At 1st Colonial’s virtual special meeting, over 80% of outstanding common shares were represented, and shareholders voted 3,993,902 shares FOR, 456 AGAINST, with no abstentions. Mid Penn’s CEO highlighted that over 99% of votes cast favored the merger, signaling very strong support.
The combination is expected to extend Mid Penn’s banking footprint further into the Greater Philadelphia area and expand its presence in Southeastern Pennsylvania and Southern New Jersey. On a pro forma basis following completion of the merger, Mid Penn is expected to have approximately $7.5 billion in assets as of March 31, 2026, compared with its current base of over $6 billion in assets and 59 retail locations.
Mid Penn Bancorp, Inc. announced it has received all required bank regulatory approvals to complete its previously announced merger with 1st Colonial Bancorp, Inc., a cash and stock transaction valued at approximately $101 million.
The deal remains subject to approval by 1st Colonial shareholders and other customary closing conditions, with closing targeted for the first quarter of 2026. After completion, 1st Colonial will merge into Mid Penn Bank, extending Mid Penn’s footprint in the greater Philadelphia area, southeastern Pennsylvania, and southern New Jersey. On a pro forma basis following completion of the merger, Mid Penn is expected to have approximately $7.5 billion in assets as of March 31, 2026, up from its current base of over $6 billion in assets and 59 retail locations.
Mid Penn Bancorp, Inc. filed an amendment to a prior current report to add information about a dividend that was accidentally left out. The company’s board declared a regular quarterly cash dividend of $0.22 per common share, payable on February 17, 2026 to shareholders of record on February 6, 2026.
In addition, the board declared a separate special cash dividend of $0.05 per common share with the same record date of February 6, 2026 and payment date of February 17, 2026. No other aspects of the earlier disclosure were changed by this amendment.
Mid Penn Bancorp, Inc. filed a current report describing two key updates. The company issued a press release covering its financial results for the quarter ended December 31, 2025, which is attached as an exhibit to the filing and incorporated by reference. The detailed numbers are contained in that press release rather than in this report.
The Board of Directors also declared a regular quarterly cash dividend of $0.22 per common share. This dividend is payable on February 17, 2026 to shareholders of record as of February 6, 2026, providing ongoing cash returns to holders of the company’s common stock.
Mid Penn Bancorp, Inc. reported a leadership change in its banking subsidiary, appointing Dana R. Stewart as First Executive Vice President and Chief Operating Officer of Mid Penn Bank, effective January 5, 2026. Stewart brings over 35 years of financial services experience, including senior roles at First National Bank and BNY Mellon, and holds both bachelor’s and MBA degrees in business-related fields. He will receive an annual base salary of $310,000, a change in control agreement providing a severance benefit equal to 2.25 times his annual base salary, and eligibility to participate in the bank’s incentive, retirement, and benefit plans for similarly situated employees. The company states there are no family relationships or related-party transactions requiring disclosure, and notes that former COO Jordan D. Space will continue as President of the Private Bank overseeing MPB Financial Services, LLC and its nonbank subsidiaries.
Mid Penn Bancorp, Inc. furnished an investor presentation under Item 7.01 of a Form 8-K. Management plans to use it with investors, analysts, and other interested parties during the fourth quarter of 2025. The presentation, dated November 10, 2025, is attached as Exhibit 99.1 and is furnished—not filed—under the Exchange Act, which means it is not subject to Section 18 liability or automatically incorporated by reference.
Mid Penn Bancorp (MPB) disclosed new executive compensation arrangements for President and CEO Rory G. Ritrievi: a split-dollar life insurance agreement and a 2025 Supplemental Executive Retirement Plan (SERP).
The 2025 SERP provides a fixed cash benefit of $404,480 per year, paid monthly over 15 years, beginning on the first day of the month after the later of separation from service or reaching normal retirement age 73. Payments also begin upon earlier disability or death, and apply to certain terminations, including within two years after a change in control. The benefit vests ratably over 10 years and increases by 2.0% each year after full vesting. Vesting becomes fully vested upon a termination following a change in control or disability, and is accelerated by three years for a termination other than for cause or by Mr. Ritrievi for good reason.
The filing notes a 280G excise tax cutback election with no gross-up, and includes non-competition and non-solicitation covenants with forfeiture of unpaid benefits upon breach. The split-dollar agreement provides Mr. Ritrievi’s beneficiary a share of life insurance death proceeds while he remains employed; it terminates upon separation.
Mid Penn Bancorp, Inc. (MPB) reported that it furnished a press release discussing financial results for the quarter ended September 30, 2025, as Exhibit 99.1 to its Form 8-K.
The Board of Directors also declared a quarterly cash dividend of $0.22 per common share, payable on November 24, 2025 to shareholders of record as of November 10, 2025. This update confirms a regular capital return to shareholders alongside the availability of the company’s Q3 2025 results press release.
Mid Penn Bancorp, Inc. and 1st Colonial Bancorp, Inc. entered into an Agreement and Plan of Merger providing for Mid Penn to acquire 1st Colonial, subject to customary conditions and regulatory approvals. The transaction contemplates issuing Mid Penn common stock and approximately 200,000 stock appreciation rights (SARs) with a capped aggregate cash value of $1,200,000, exercisable between the first and third anniversaries of closing. The securities issued to Cumberland Advisors’ shareholders will be issued in a private placement under Section 4(a)(2) and Rule 506(b). Closing is expected in the fourth quarter of 2025, pending effectiveness of an S-4 registration/proxy statement and required regulatory consents; each party’s obligations are conditioned on accuracy of representations, performance of obligations and absence of a material adverse effect. Mid Penn’s obligation is further conditioned on dissenters representing not more than 5% of 1st Colonial shares.
Mid Penn Bancorp, Inc. announced that it has entered into an Agreement and Plan of Merger with 1st Colonial Bancorp, Inc.. Under this agreement, 1st Colonial will merge with and into Mid Penn, with Mid Penn as the surviving company. Shortly after that step, 1st Colonial Community Bank, a New Jersey-chartered bank and subsidiary of 1st Colonial, will merge into Mid Penn Bank, which will remain the surviving bank.
Mid Penn issued a press release and an investor presentation describing the transaction, which are included as exhibits. To complete the combination, Mid Penn plans to file a Form S-4 to register Mid Penn common stock to be issued in the deal, including a proxy statement/prospectus for 1st Colonial shareholders, who will be asked to approve the transaction. The filing emphasizes that closing remains subject to regulatory, shareholder and other approvals and highlights typical integration, regulatory, economic and industry risks through extensive forward-looking statements language.
Mid Penn Bancorp updated several executive compensation agreements. On August 22, 2025, its banking subsidiary amended supplemental executive retirement plan agreements for executives Justin Webb, Scott Micklewright, and Jordan Space. The amendments increase each executive’s normal annual retirement benefit to $125,000, with Webb and Micklewright’s benefits rising by 2.0% per year once fully vested until paid in full, without changing vesting schedules.
The company also amended and restated a change in control agreement with Jordan Space. If his employment terminates after a change in control, he is now entitled to a lump-sum cash payment equal to 2.5 times his highest annual base salary during the prior twelve months, plus continued eligibility for medical, vision, and dental programs for thirty months. No other terms of the original agreement were changed.