M&A
confidence high
sentiment positive
materiality 0.70
Mid Penn and 1st Colonial receive all bank regulatory approvals for $101M merger
MID PENN BANCORP INC
- All required bank regulatory approvals received for merger of 1st Colonial into Mid Penn.
- Transaction valued at ~$101 million in cash and stock; shareholders of 1st Colonial must still approve.
- Expected close in Q1 2026; pro forma assets estimated at ~$7.5B as of March 31, 2026.
- Merger expands Mid Penn’s footprint into greater Philadelphia metro, southeastern PA, and southern NJ.