← MID PENN BANCORP INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Interest income:
Noninterest income:
Additional Financial Items
Other Interest and Dividend Income $304k $217k $595k $782k $1.3m $1.2m — — — —
Bank Owned Life Insurance Income $264k $262k $286k $314k $301k $358k $1.0m $1.1m $1.1m $2.0m
Amortization of Intangible Assets $126k $104k $1.2m $1.4m $1.4m $1.2m $2.0m $1.8m $1.8m $3.0m
Debt and Equity Securities, Gain (Loss) — — $137k $1.9m $467k $79k $0 $0 $0 $10k
Goodwill, Impairment Loss $0 $0 — — — $0 — — — $0
Preferred Stock Dividends, Income Statement Impact — — $0 — — — — — — —
Loans, including fees $36.4m $40.2m $61.7m $88.1m $103.5m $118.8m $150.3m $218.1m $265.5m $292.2m
Taxable $1.3m $2.3m $3.5m $3.1m $1.6m $1.4m $12.0m $16.0m $16.5m $22.3m
Tax-exempt $2.1m $1.1m $2.3m $2.0m $1.0m $1.1m $1.5m $1.5m $1.5m $1.3m
Other interest-bearing balances $12k $18k $75k $100k $39k $13k $69k $361k $1.1m $611k
Federal funds sold $82k $115k $451k $1.2m $497k $809k $1.8m $373k $1.9m $7.3m
Deposits $4.5m $5.5m $10.9m $21.6m $16.4m $11.3m $14.1m $79.3m $116.3m $121.8m
Short-term borrowings $15k $111k $207k $470k $371k $539k $441k $7.1m $10.6m $381k
Long-term and subordinated debt $838k $730k $1.6m $3.1m $3.0m $2.9m $3.2m $3.0m $3.0m $2.5m
Net Interest Income $34.8m $37.6m $55.9m $70.1m $88.2m $108.6m $147.8m $147.0m $156.7m $199.1m
Provision for credit losses - loans — — — — $4.2m $2.9m $4.3m $3.3m $2.1m $1.6m
(Benefit)/provision for credit losses - credit commitments — — — — — — $0 $404k ($628k) ($301k)
Provision for credit losses — — — — — — — $3.7m $1.5m $1.3m
Net Interest Income After Provision for Credit Losses $33.0m $37.3m $55.4m $68.8m $84.0m $105.6m $143.5m $143.7m $155.2m $197.8m
Net gain on sales of SBA loans $470k $800k $561k $831k $442k $969k $262k $571k $347k $220k
Earnings from cash surrender value of life insurance $264k $262k $286k $314k $301k $358k $1.0m $1.1m $1.1m $2.0m
Net gain on sales of investment activities — — $137k $1.9m $467k $79k $0 $0 $0 $10k
Other $896k $879k $2.0m $1.5m $2.3m $3.2m $15.3m $17.9m $16.2m $18.7m
Salaries and employee benefits $15.6m $16.9m $23.9m $32.4m $37.8m $41.7m $52.6m $59.3m $64.1m $78.0m
Software licensing and utilization $1.4m $1.5m $3.0m $4.4m $5.3m $6.3m $7.5m $7.9m $9.3m $12.6m
Occupancy, net $2.1m $2.5m $4.0m $5.4m $5.5m $5.5m $6.9m $7.3m $7.6m $9.9m
Equipment $1.7m $1.5m $2.2m $2.6m $2.9m $3.1m $4.5m $5.1m $4.9m $5.0m
Shares tax — — — — $583k $800k $2.8m $2.7m $2.4m $2.8m
Legal and professional fees $711k $802k $1.1m $1.7m $1.7m $2.0m $2.8m $2.9m $4.3m $3.9m
ATM/card processing — — — — $819k $1.1m $2.1m $2.1m $2.3m $2.7m
Intangible amortization $126k $104k $1.2m $1.4m $1.4m $1.2m $2.0m $1.8m $1.8m $3.0m
FDIC Assessment $688k $792k $772k $839k $1.7m $1.9m $1.6m $3.5m $4.2m $3.5m
Loss/(gain) on sale of foreclosed assets, net $217k $88k $4k ($15k) $333k ($25k) ($133k) ($144k) $80k $646k
Merger and acquisition — $619k $4.8m — $0 $3.1m $294k $5.5m $545k $11.5m
Post-acquisition restructuring — — — — $0 $9.9m $329k $3.0m $0 $0
Provision for income taxes $2.3m $4.5m $2.1m $3.7m $5.1m $6.7m $12.5m $7.3m $10.6m $16.1m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $10.1m $11.6m $12.7m $21.4m $31.3m $36.1m $67.3m $44.7m $60.0m $72.4m
Total Interest Income $40.2m $43.9m $68.7m $95.3m $107.9m $123.3m $165.6m $236.3m $286.6m $323.8m
INCOME BEFORE PROVISION FOR INCOME TAXES $10.1m $11.6m $12.7m $21.4m $31.3m $36.1m $67.3m $44.7m $60.0m $72.4m
Net Income (Loss) Attributable to Parent $7.8m $7.1m $10.6m $17.7m $26.2m $29.3m $54.8m $37.4m $49.4m $56.2m
Net Income (Loss) Available to Common Stockholders, Basic $7.8m $7.1m $10.5m $17.7m $26.2m $29.3m $54.8m $37.4m $49.4m $56.2m
Earnings Per Share, Basic $1.85 $1.67 $1.48 $2.09 $3.11 $2.71 $3.44 $2.29 $2.90 $2.59
Earnings Per Share, Diluted $1.85 $1.67 $1.48 $2.09 $3.10 $2.71 $3.44 $2.29 $2.90 $2.55
Common Stock, Dividends, Per Share, Declared $0.68 $0.77 $0.45 $0.79 $0.82 $0.79 $0.80 $0.80 $0.80 $0.84
Weighted Average Number of Shares Outstanding, Basic 4.2m 4.2m 7.1m 8.5m 8.4m 10.8m 15.9m 16.3m 17.0m 21.8m
Weighted-average basic shares outstanding (in shares) 4.2m 4.2m 7.1m 8.5m 8.4m 10.8m 15.9m 16.3m 17.0m 21.8m
Weighted-average diluted shares outstanding (in shares) — — — 8.5m 8.4m 10.8m 15.9m 16.4m 17.1m 22.0m
Weighted Average Number of Shares Outstanding, Diluted — — — 8.5m 8.4m 10.8m 15.9m 16.4m 17.1m 22.0m
Noninterest expense:
Labor and Related Expense $15.6m $16.9m $23.9m $32.4m $37.8m $41.7m $52.6m $59.3m $64.1m $78.0m
Equipment Expense $1.7m $1.5m $2.2m $2.6m $2.9m $3.1m $4.5m $5.1m $4.9m $5.0m
Marketing and Advertising Expense $500k $516k $1.0m $906k $542k — — — — —
Business Combination, Acquisition Related Costs — $619k $4.8m — $0 $3.1m $294k $5.5m $545k $11.5m
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — $4.2m $2.9m $4.3m $3.3m $2.1m $1.6m
Interest Expense $5.4m $6.3m $12.7m $25.2m $19.7m $14.8m $17.8m $89.4m $129.9m $124.7m
Current Income Tax Expense (Benefit) $2.6m $2.7m $812k — — — — — — —
Interest Income (Expense), Net $34.8m $37.6m $55.9m $70.1m $88.2m $108.6m $147.8m $147.0m $156.7m $199.1m
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement — — $737k $34k $3k — — — — —
Total interest expense $5.4m $6.3m $12.7m $25.2m $19.7m $14.8m $17.8m $89.4m $129.9m $124.7m
Total Noninterest Expense $28.8m $31.4m $50.2m $60.0m $70.6m $91.1m $99.8m $119.0m $117.6m $152.3m
Income Tax Expense (Benefit) $2.3m $4.5m $2.1m $3.7m $5.1m $6.7m $12.5m $7.3m $10.6m $16.1m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.