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MID PENN BANCORP INC (MPB)

For the quarter ending 2025-06-30, MPB made $85,690K in revenue. $4,762K in net income. Net profit margin of 5.56%.

Overview

Revenue
$85,690K
Net Income
$4,762K
Net Profit Margin
5.56%
EPS
$0.22
Unit: Thousand (K) dollars
Revenue Breakdown
    • Loans, including fees
    • Taxable
    • Federal funds sold
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Non-interest income-Mortgage Hedging-7 - - -
Non-interest income-Mortgage Banking676 - - -
Non-interest income-Fiduciary And Trust1,406 - - -
Non-interest income-Deposit Account652 - - -
Non-interest income-Debit Card958 - - -
Other1,904 1,705 1,269 1,685
Net gain on sales of sba loans63 57 151 74
Earnings from cash surrender value of life insurance491 274 276 301
Non-interest income- 3,203 3,483 3,269
Total noninterest income6,143 5,239 5,178 5,329
Legal and professional fees993 826 1,613 689
Other5,191 4,209 3,689 4,313
Occupancy, net2,365 2,274 1,815 1,861
Salaries and employee benefits20,753 16,309 16,156 15,533
Software licensing and utilization3,272 2,574 2,366 2,208
Equipment1,248 1,094 1,206 1,287
Merger and acquisition11,011 314 109 -
Intangible amortization744 428 460 425
Shares tax606 919 824 124
Gain/(loss) on sale of foreclosed assets, net- -28 -35 42
Fdic assessment994 990 1,150 1,232
Atm/card processing621 733 606 510
Total noninterest expense47,798 30,642 29,959 28,224
Provision/(benefit) for credit losses - credit commitments24 -20 -105 -178
Provision for credit losses - loans2,245 321 621 1,782
Net provision for credit losses2,269 301 516 1,604
Short-term borrowings86 290 2,296 3,324
Deposits30,981 28,264 30,689 28,463
Long-term and subordinated debt747 681 687 686
Total interest expense31,814 29,235 33,672 32,473
Taxable4,637 4,460 4,136 4,143
Tax-exempt344 348 359 371
Federal funds sold2,428 261 1,043 282
Other interest-bearing balances142 138 223 347
Loans, including fees72,469 66,537 68,080 66,096
Total interest income80,020 71,744 73,841 71,239
Net interest income48,206 42,509 40,169 38,766
Net interest income after provision/benefit for credit losses45,937 42,208 39,653 37,162
Income before provision for income taxes4,282 16,805 14,872 14,267
(benefit)/provision for income taxes-480 3,063 2,571 2,496
Net income available to common shareholders4,762 13,742 12,301 11,771
Basic earnings per common share (in dollars per share)0.22 0.71 0.74 0.71
Diluted earnings per common share (in dollars per share)0.22 0.71 0.74 0.71
Weighted-average basic shares outstanding (in shares)21,566,617 19,355,867 16,612,657 16,576,283
Weighted-average diluted shares outstanding (in shares)21,599,435 19,416,265 16,657,169 16,605,353
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Loans, including fees$72,469K (9.64%↑ Y/Y)Otherinterest-bearing balances$142K (-59.08%↓ Y/Y)Federal funds sold$2,428K (760.99%↑ Y/Y)Tax-exempt$344K (-7.28%↓ Y/Y)Taxable$4,637K (11.92%↑ Y/Y)Total interest income$80,020K (12.33%↑ Y/Y)Net interest income$48,206K (24.35%↑ Y/Y)Earnings from cashsurrender value of life...$491K (63.12%↑ Y/Y)Net gain on sales ofsba loans$63K (-14.86%↓ Y/Y)Other$1,904K (13.00%↑ Y/Y)Non-interest income-DebitCard$958K Non-interest income-DepositAccount$652K Non-interestincome-Fiduciary And Trust$1,406K Non-interestincome-Mortgage Banking$676K Total interestexpense$31,814K (-2.03%↓ Y/Y)Net interest incomeafter...$45,937K (23.61%↑ Y/Y)Total noninterestincome$6,143K (15.27%↑ Y/Y)Net provision forcredit losses$2,269K (41.46%↑ Y/Y)Non-interestincome-Mortgage Hedging-$7K Long-term andsubordinated debt$747K (8.89%↑ Y/Y)Deposits$30,981K (8.85%↑ Y/Y)Short-term borrowings$86K (-97.41%↓ Y/Y)Income beforeprovision for income taxes$4,282K (-69.99%↓ Y/Y)(benefit)/provision for income taxes-$480K (-119.23%↓ Y/Y)Total noninterestexpense$47,798K (69.35%↑ Y/Y)Provision for creditlosses - loans$2,245K (25.98%↑ Y/Y)Provision/(benefit) for creditlosses - credit...$24K (113.48%↑ Y/Y)Net incomeavailable to common...$4,762K (-59.54%↓ Y/Y)Atm/card processing$621K (21.76%↑ Y/Y)Fdic assessment$994K (-19.32%↓ Y/Y)Shares tax$606K (388.71%↑ Y/Y)Intangible amortization$744K (75.06%↑ Y/Y)Merger and acquisition$11,011K Equipment$1,248K (-3.03%↓ Y/Y)Software licensing andutilization$3,272K (48.19%↑ Y/Y)Salaries and employeebenefits$20,753K (33.61%↑ Y/Y)Occupancy, net$2,365K (27.08%↑ Y/Y)Other$5,191K (20.36%↑ Y/Y)Legal andprofessional fees$993K (44.12%↑ Y/Y)