secwatch.observer — SEC 8-K summary
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Issuer:     MID PENN BANCORP INC (MPB)
CIK:        0000879635
Form:       8-K
Filed at:   2025-09-24T23:59:59+00:00
Accession:  0001193125-25-215407
Event type: m_and_a
Sentiment:  positive
Materiality: 0.78
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mid Penn Bancorp to acquire 1st Colonial for ~$101M; expected close early 2026
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- Deal valued at ~$101M; consideration: 60% stock (0.6945 MPB shares) and 40% cash ($18.50), totaling ~$20.03 per FCOB share.
- Expected to close late Q1 or early Q2 2026, subject to regulatory and shareholder approvals.
- 1st Colonial had $877M assets, $743M deposits, $640M loans as of June 30, 2025.
- Pro forma combined: >$7.2B assets, ~$6.2B deposits, >$5.4B loans; MPB to have 60+ branches.
- Transaction expected to be immediately accretive to MPB EPS; FCOB shareholders to own ~8% of combined.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879635/000119312525215407/0001193125-25-215407-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879635/000119312525215407/d947601d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-215407

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