Millersburg, Pennsylvania – Mid Penn Bancorp, Inc. has announced the acquisition of Acquire 1st Colonial Bancorp, Inc. According to the company announcement Mid Penn Bancorp, Inc. (NASDAQ: MPB), headquartered in Harrisburg, Pennsylvania, is the parent company of Mid Penn Bank, a full-service commercial bank. The company operates 59 retail locations across Pennsylvania and central and southern New Jersey, offering a comprehensive portfolio of financial products and services to its communities. With approximately $6.4 billion in total assets, Mid Penn Bancorp is strategically expanding its footprint, notably through its agreement to acquire 1st Colonial Bancorp, Inc., which will increase its pro forma total assets to over $7.2 billion and its branch network to more than 60 locations. This acquisition aims to further strengthen its presence in the greater Philadelphia metropolitan area and southern New Jersey, enhancing its ability to serve commercial and retail customers. The company emphasizes a commitment to customer needs, community support, and shareholder return, positioning itself as a resilient and dynamic financial institution.

To learn more about Mid Penn Bancorp, Inc., visit https://midpennbank.com/
Company LinkedIn Page: https://www.linkedin.com/company/mid-penn-bank/

Company Contact:

Mid Penn Bancorp, Inc.
349 Union Street Millersburg, PA 17061
717-692-7100

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