secwatch.observer — SEC 8-K summary
======================================

Issuer:     MID PENN BANCORP INC (MPB)
CIK:        0000879635
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0000879635-25-000150
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mid Penn Q2 adjusted EPS $0.70 beats $0.69 consensus; William Penn acquisition closed
--------------------------------------------------------------------------------

- GAAP EPS $0.22 vs $0.71 a year ago; adjusted EPS $0.70 (non-GAAP) up 2.9% YoY.
- Completed William Penn acquisition on Apr 30, adding $757M assets; Charis Insurance closed May 12.
- Net interest margin improved to 3.44% from 3.37% in Q1; cost of funds fell to 2.44%.
- Organic loans declined $89.6M (2.0%) due to CRE payoffs; deposits rose $96.2M organically.
- Board declared $0.20 quarterly dividend, 59th consecutive, payable Aug 25 to Aug 8 record holders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879635/000087963525000150/0000879635-25-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879635/000087963525000150/mpb-20250723.htm
  HTML page:      https://secwatch.observer/filing/0000879635-25-000150

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer