Mid Penn Bancorp, Inc.

Mid Penn Bancorp, Inc. is the bank holding company for Mid Penn Bank, offering a wide range of commercial banking services to individuals, businesses, and organizations in Pennsylvania and New Jersey. Its deposit products include checking accounts, savings accounts, money market accounts, certificates of deposit, and individual retirement accounts. On the lending side, it provides mortgage loans, home equity loans, commercial loans, lines of credit, construction financing, farm loans, community development loans, and SBA loans. Additionally, the company offers trust services, retail investment and wealth management, personal and business insurance, private banking, insured cash sweep, debit and credit cards, gift cards, online bill payment, telephone banking, cash management, ATM services, and safe deposit boxes.

Mid Penn Bancorp, Inc. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol MPB. Its securities are traded in United States dollars (USD), which is the official currency of the United States. As a U.S.-based financial institution, all financial reporting and transactions are conducted in USD. Investors can buy and sell shares of MPB on the Nasdaq exchange during regular trading hours, and the stock price is quoted in dollars and cents.

Mid Penn Bancorp, Inc. operates in the Financial Services sector, specifically within the Banks - Regional industry. This means it is a regional bank holding company that provides traditional banking services to local communities, as opposed to large multinational banks. Regional banks like Mid Penn focus on serving individuals, small to medium-sized businesses, and local institutions within a specific geographic area. Its primary activities include taking deposits and making loans, along with offering related financial services such as wealth management and insurance.

Mid Penn Bancorp, Inc. is headquartered in Harrisburg, Pennsylvania, United States. The company was founded in 1868 and serves customers primarily in Pennsylvania and New Jersey. Through its subsidiary Mid Penn Bank, it provides commercial banking services to individuals, institutional clients, partnerships, non-profit organizations, businesses, and corporations in these two states. Its market focus is regional, concentrating on the local economies of central and eastern Pennsylvania as well as parts of New Jersey.

Mid Penn Bancorp generates revenue primarily through net interest income, which is the difference between the interest earned on loans and the interest paid on deposits. Its loan portfolio includes mortgage loans, home equity loans, commercial and consumer loans, lines of credit, construction financing, farm loans, community development loans, and SBA loans. Additionally, it earns non-interest income from fees and services such as trust and wealth management, retail investment services, personal and business insurance, cash management, online banking, and debit/credit card fees. The company also offers private banking, insured cash sweep accounts, and safe deposit boxes, which contribute to its overall revenue stream.