---
schema_version: "secwatch.filing_event.v1"
accession: "0000879635-23-000008"
form_type: "8-K"
ticker: "MPB"
cik: "0000879635"
company_name: "MID PENN BANCORP INC"
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T10:14:37.875953+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mid Penn Bancorp Q4 net income $15.7M ($0.99 EPS); announces Brunswick Bancorp acquisition

## Summary
- Net income of $15.7M ($0.99 per share) vs $15.5M ($0.97) in Q3 2022; full-year 2022 EPS of $3.44 is record.
- Loans grew 22.9% annualized; net interest margin (TE) 3.80% vs 3.92% linked quarter and 3.16% YoY.
- Provision for loan losses fell to $525K from $1.6M in Q3; nonperforming assets declined to $8.6M from $10.0M YoY.
- Declared quarterly dividend of $0.20 per share, payable Feb 20 to holders of record Feb 10.
- Agreed to acquire Brunswick Bancorp for ~$53.9M (cash and stock), expanding into central New Jersey.

## SEC filing metadata
- accession: 0000879635-23-000008
- form_type: 8-K
- ticker: MPB
- cik: 0000879635
- company_name: MID PENN BANCORP INC
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/879635/000087963523000008/0000879635-23-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/879635/000087963523000008/mpb-20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000879635-23-000008
- JSON: https://secwatch.observer/filing/0000879635-23-000008.json
- Plain text: https://secwatch.observer/filing/0000879635-23-000008.txt

## Key facts
- Earnings Releases
  MID PENN BANCORP INC reported the year ended December 31, 2022 results: net income $54.8 million, EPS $3.44 per common share.
  - Period: the year ended December 31, 2022
  - Net income: $54.8 million
  - EPS: $3.44 per common share
  - Result: reported results
  source text: For the year, we generated net income available to common shareholders of $54.8 million, or $3.44 per common share, which compares favorably to the $29.3 million, or $2.71 per common share, for the year ended December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/879635/000087963523000008/0000879635-23-000008-index.htm
- Earnings Releases
  MID PENN BANCORP INC reported the quarter ended December 31, 2022 results: net income $15.7 million, EPS $0.99 per common share basic and diluted.
  - Period: the quarter ended December 31, 2022
  - Net income: $15.7 million
  - EPS: $0.99 per common share basic and diluted
  - Result: reported results
  source text: Mid Penn Bancorp, Inc. (NASDAQ: MPB) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended December 31, 2022 of $15.7 million, or $0.99 per common share basic and diluted.
  evidence_url: https://www.sec.gov/Archives/edgar/data/879635/000087963523000008/0000879635-23-000008-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
