---
schema_version: "secwatch.filing_event.v1"
accession: "0000879635-26-000022"
form_type: "8-K"
ticker: "MPB"
cik: "0000879635"
company_name: "MID PENN BANCORP INC"
filed_at: "2026-03-02T23:59:59+00:00"
generated_at: "2026-05-15T22:55:55.701446+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mid Penn completes $106.1M acquisition of 1st Colonial Bancorp

## Summary
- Transaction closed Feb 27, 2026; combined assets ~$7B.
- Each 1st Colonial share converted to 0.6945 MPB shares or $18.50 cash, with 60% stock/40% cash proration.
- Mid Penn issued ~2.11M shares and paid ~$37.5M cash as consideration.
- Former 1st Colonial director Thomas R. Brugger appointed to Mid Penn and Mid Penn Bank boards.
- Acquisition extends Mid Penn's footprint into greater Philadelphia and southern New Jersey.

## SEC filing metadata
- accession: 0000879635-26-000022
- form_type: 8-K
- ticker: MPB
- cik: 0000879635
- company_name: MID PENN BANCORP INC
- filed_at: 2026-03-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/879635/000087963526000022/0000879635-26-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/879635/000087963526000022/mpb-20260227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000879635-26-000022
- JSON: https://secwatch.observer/filing/0000879635-26-000022.json
- Plain text: https://secwatch.observer/filing/0000879635-26-000022.txt

## Source-grounded claims
- claim_id: 24949d144461b07b0f520ac2dba3d0ee0f6bd899
  claim: MID PENN BANCORP INC completed an acquisition involving 1st Colonial Bancorp, Inc. for approximately $106.1 million (closed 2026-02-27).
  evidence_excerpt: subsidiary, 1st Colonial Community Bank, has been merged with and into Mid Penn’s subsidiary bank, Mid Penn Bank. The cash-and-stock transaction was valued at approximately $106.1 million and further extends Mid Penn’s footprint into the greater Philadelphia metropolitan area and southern New Jersey. The consolidated assets of the combined company total
  evidence_url: https://www.sec.gov/Archives/edgar/data/879635/000087963526000022/0000879635-26-000022-index.htm

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