Mid Penn Bancorp Inc
midpennbank.comWhat Do They Do?
Provides commercial and consumer banking, trust and wealth-management services to businesses, individuals and community institutions such as nonprofits and municipalities.
10-K for FY2025, filed Mar 12, 2026
How Do They Make Money?
Most revenue comes from interest received under loan and investment agreements, less interest paid on deposits and borrowings. The bank also earns fees for trust, wealth, debit-card and deposit services as transactions or services occur, with some payments arriving the following month, and gains when residential mortgage loans are sold.
10-K for FY2025, filed Mar 12, 2026Mid Penn generates the majority of its revenues through net interest income, or the difference between interest earned on loans and…View ↗
Interest Income - primarily recognized on an accrual basis according to loan agreements, investment securities contracts or other such…View ↗
Income from Fiduciary and Wealth Management Activities - consists of trust, wealth management, and investment management fee income…View ↗
ATM Debit Card Interchange Income - consists of interchange fees earned when Mid Penn’s debit cards are processed through card payments…View ↗
Service Charges on Deposits - consists of cash management, overdraft, non-sufficient fund fees and other service charges on deposit…View ↗
Mortgage Banking Income - consists of gains or losses on the sale of residential mortgage loans and is recognized when the sale is…View ↗
-
10-K for FY2025, filed Mar 12, 2026
FY2025 revenue by product or service (Non-interest Income) ↗
$323.8M
-
10-K for FY2025, filed Mar 12, 2026
$323.8M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Fiduciary and wealth management
|
36%
FY2022: 35%
|
Fiduciary and wealth management, FY2025
$5.3M Sources
|
|
|
ATM debit card interchange
Usage-based
|
27%
FY2022: 30%
|
ATM debit card interchange, FY2025
$3.9M Sources
|
Usage-based |
|
Service charges on deposits
Usage-based
|
17%
FY2022: 14%
|
Service charges on deposits, FY2025
$2.5M Sources
|
Usage-based |
|
Mortgage banking
Sold outright
|
19%
FY2022: 11%
|
Mortgage banking, FY2025
$2.8M Sources
|
Sold outright |
|
Mortgage hedging
|
0.1%
FY2022: 10%
|
Mortgage hedging, FY2025
$12K Sources
|
Who Are Their Customers?
The bank serves businesses and real estate investors, individuals, and institutions such as nonprofits and municipalities through community banking offices. Its services include loans, deposit accounts, trust and investment services.
10-K for FY2025, filed Mar 12, 2026
Do Revenues Turn Into Profits?
Yes. It kept 17 cents of every revenue dollar as net income in FY2025 and turned 22 cents into free cash flow.
How Are They Changing?
10-Q for Q2 FY2026, filed Aug 6, 2026
Open tableView ↗
Growing. Revenue grew 2.6x in 4 years, from $123.3M in FY2021 to $323.8M in FY2025, about 27% a year.
Expanded into New Jersey
The older report described its banking locations and markets as being in Pennsylvania. The latest report includes banking locations in New Jersey and names New Jersey counties among its primary markets.
10-K for FY2022, filed Mar 16, 2023 10-K for FY2025, filed Mar 12, 2026
Loading...
