Mid Penn Bancorp Files 8-K on Financials

TL;DR

MPB filed an 8-K detailing financial results and other events.

AI Summary

Mid Penn Bancorp, Inc. filed an 8-K on April 24, 2024, reporting on its results of operations and financial condition. The filing also included other events and financial statements and exhibits. The company's common stock is traded on The NASDAQ Stock Market LLC under the symbol MPB.

Why It Matters

This 8-K filing provides investors with crucial updates on Mid Penn Bancorp's financial performance and operational events, impacting investment decisions.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of financial information and operational events, not indicating any immediate or significant risks.

Key Players & Entities

• MID PENN BANCORP INC (company) — Registrant
• MPB (company) — Trading Symbol
• The NASDAQ Stock Market LLC (company) — Exchange
• April 24, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $1.00 — ange on which registered Common Stock, $1.00 par value per share MPB The NASDAQ Stoc
• $15 m — hich authorized the repurchase of up to $15 million, of which approximately $5 millio
• $5 million — to $15 million, of which approximately $5 million remains available, of Corporation commo
• $0.20 — s declared a quarterly cash dividend of $0.20 per common share payable on May 27, 202

Filing Documents

• mpb-20240424.htm (8-K) — 30KB
• mpb-20240331xexx991.htm (EX-99.1) — 679KB
• 0000879635-24-000106.txt ( ) — 867KB
• mpb-20240424.xsd (EX-101.SCH) — 2KB
• mpb-20240424_lab.xml (EX-101.LAB) — 21KB
• mpb-20240424_pre.xml (EX-101.PRE) — 12KB
• mpb-20240424_htm.xml (XML) — 3KB

02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION

ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION On April 24, 2024, Mid Penn Bancorp, Inc. (the "Corporation") issued a press release discussing its financial results for the quarter ended March 31, 2024. A copy of the Corporation's press release dated April 24, 2024 is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

01 OTHER EVENTS

ITEM 8.01 OTHER EVENTS On April 24, 2024, the Board of Directors of Mid Penn Bancorp, Inc. (the "Corporation") approved the renewal of the Corporation's treasury stock repurchase program, which was originally announced on March 19, 2020. The repurchase plan, which authorized the repurchase of up to $15 million, of which approximately $5 million remains available, of Corporation common stock in open market or privately negotiated transactions, has been extended through April 24, 2025. The repurchase plan may be modified, suspended or terminated at any time, in the Corporation's discretion, based upon a number of factors, including liquidity, market conditions, the availability of alternative investment opportunities and other factors the Corporation deems appropriate. The repurchase program does not obligate the Corporation to repurchase any shares. Additionally, on April 24, 2024, the Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share payable on May 27, 2024 to shareholders of record as of May 10, 2024.

01 FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits. 99.1 Press release, dated April 2 4 , 202 4 , of Mid Penn Bancorp, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MID PENN BANCORP, INC. (Registrant) Date: April 24, 2024 By: /s/ Rory G. Ritrievi Rory G. Ritrievi President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR