secwatch.observer — SEC 8-K summary
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Issuer:     MID PENN BANCORP INC (MPB)
CIK:        0000879635
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0000879635-23-000090
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mid Penn Q3 earnings $9.2M, NIM down 13bp QoQ; organic loan growth 10.9%
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- Net income available to common shareholders of $9.2 million, or $0.56 per diluted share.
- Net interest margin (tax-equivalent) fell to 3.16% from 3.29% in Q2 and 3.92% a year ago.
- Organic loan growth of $111.1M (10.9% annualized) and organic deposit growth of $94.9M (8.8% annualized).
- Nonperforming assets declined $1.6M to $14.7M; credit quality improved.
- Board declared quarterly cash dividend of $0.20 per share, payable Nov 27, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879635/000087963523000090/0000879635-23-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879635/000087963523000090/mpb-20231025.htm
  HTML page:      https://secwatch.observer/filing/0000879635-23-000090

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