---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-217444"
form_type: "8-K"
ticker: "MPB"
cik: "0000879635"
company_name: "MID PENN BANCORP INC"
filed_at: "2025-09-25T23:59:59+00:00"
generated_at: "2026-05-17T05:43:55.299529+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mid Penn Bancorp to acquire 1st Colonial Bancorp ($18.50/sh) and Cumberland Advisors ($3.3B AUM)

## Summary
- 1st Colonial shareholders receive $18.50 cash or 0.6945 MPB shares per share (60% stock/40% cash proration).
- Termination fee of $4.04M payable by 1st Colonial under certain circumstances.
- Cumberland Advisors acquired for $5.5M base price plus up to $1M earn-out; 200k capped SARs ($1.2M).
- Cumberland brings ~$3.3B AUM; deal expected to be immediately earnings-accretive and close Q4 2025.
- Both transactions approved by respective boards; 1st Colonial requires shareholder and regulatory approvals.

## SEC filing metadata
- accession: 0001193125-25-217444
- form_type: 8-K
- ticker: MPB
- cik: 0000879635
- company_name: MID PENN BANCORP INC
- filed_at: 2025-09-25T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/879635/000119312525217444/0001193125-25-217444-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/879635/000119312525217444/d59054d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-217444
- JSON: https://secwatch.observer/filing/0001193125-25-217444.json
- Plain text: https://secwatch.observer/filing/0001193125-25-217444.txt

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