← MID PENN BANCORP INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Interest Income | $40.2m |
$43.9m
+9.15%
|
$68.7m
+56.42%
|
$95.3m
+38.83%
|
$107.9m
+13.24%
|
$123.3m
+14.26%
|
$165.6m
+34.28%
|
$236.3m
+42.72%
|
$286.6m
+21.26%
|
$323.8m
+12.98%
|
— | |
| Net gain on sales of SBA loans | $470k | $800k | $561k | $831k | $442k | $969k | $262k | $571k | $347k | $220k | — | |
| Net gain on sales of investment activities | — | — | $137k | $1.9m | $467k | $79k | $0 | $0 | $0 | $10k | — | |
| Noninterest income: | ||||||||||||
| Net Interest Income | $34.8m |
$37.6m
+7.87%
|
$55.9m
+48.81%
|
$70.1m
+25.41%
|
$88.2m
+25.75%
|
$108.6m
+23.08%
|
$147.8m
+36.17%
|
$147.0m
-0.58%
|
$156.7m
+6.60%
|
$199.1m
+27.08%
|
$228.9m
+14.97%
|
|
| Interest Income (Expense), Net | $34.8m |
$37.6m
+7.87%
|
$55.9m
+48.81%
|
$70.1m
+25.41%
|
$88.2m
+25.75%
|
$108.6m
+23.08%
|
$147.8m
+36.17%
|
$147.0m
-0.58%
|
$156.7m
+6.60%
|
$199.1m
+27.08%
|
$352.6m
+77.11%
|
|
| Marketing and Advertising Expense | $500k | $516k | $1.0m | $906k | $542k | — | — | — | — | — | — | |
| Labor and Related Expense | $15.6m | $16.9m | $23.9m | $32.4m | $37.8m | $41.7m | $52.6m | $59.3m | $64.1m | $78.0m | — | |
| Salaries and employee benefits | $15.6m | $16.9m | $23.9m | $32.4m | $37.8m | $41.7m | $52.6m | $59.3m | $64.1m | $78.0m | — | |
| Amortization of Intangible Assets | $126k | $104k | $1.2m | $1.4m | $1.4m | $1.2m | $2.0m | $1.8m | $1.8m | $3.0m | — | |
| Post-acquisition restructuring | — | — | — | — | $0 | $9.9m | $329k | $3.0m | $0 | $0 | — | |
| Noninterest expense: | ||||||||||||
| Total Noninterest Expense | $28.8m | $31.4m | $50.2m | $60.0m | $70.6m | $91.1m | $99.8m | $119.0m | $117.6m | $152.3m | — | |
| Interest expense: | ||||||||||||
| Total interest expense | $5.4m | $6.3m | $12.7m | $25.2m | $19.7m | $14.8m | $17.8m | $89.4m | $129.9m | $124.7m | — | |
| Interest income: | ||||||||||||
| Net Interest Income After Provision for Credit Losses | $33.0m |
$37.3m
+13.00%
|
$55.4m
+48.76%
|
$68.8m
+24.04%
|
$84.0m
+22.18%
|
$105.6m
+25.73%
|
$143.5m
+35.89%
|
$143.7m
+0.10%
|
$155.2m
+7.99%
|
$197.8m
+27.48%
|
$228.9m
+15.73%
|
|
| Debt and Equity Securities, Gain (Loss) | — | — | $137k | $1.9m | $467k | $79k | $0 | $0 | $0 | $10k | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | $737k | $34k | $3k | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $10.1m | $11.6m | $12.7m | $21.4m | $31.3m | $36.1m | $67.3m | $44.7m | $60.0m | $72.4m | $90.2m | |
| Provision for income taxes | $2.3m | $4.5m | $2.1m | $3.7m | $5.1m | $6.7m | $12.5m | $7.3m | $10.6m | $16.1m | — | |
| Current Income Tax Expense (Benefit) | $2.6m | $2.7m | $812k | — | — | — | — | — | — | — | $22.0m | |
| Net Income (Loss) Attributable to Parent | $7.8m |
$7.1m
-9.16%
|
$10.6m
+49.47%
|
$17.7m
+67.05%
|
$26.2m
+48.07%
|
$29.3m
+11.87%
|
$54.8m
+86.93%
|
$37.4m
-31.76%
|
$49.4m
+32.20%
|
$56.2m
+13.78%
|
$68.1m
+21.14%
|
|
| Preferred Stock Dividends, Income Statement Impact | — | — | $0 | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | $1.85 | $1.67 | $1.48 | $2.09 | $3.11 | $2.71 | $3.44 | $2.29 | $2.90 | $2.59 | $2.92 | |
| Earnings Per Share, Diluted | $1.85 | $1.67 | $1.48 | $2.09 | $3.10 | $2.71 | $3.44 | $2.29 | $2.90 | $2.55 | $2.88 | |
| Common Stock, Dividends, Per Share, Declared | $0.68 | $0.77 | $0.45 | $0.79 | $0.82 | $0.79 | $0.80 | $0.80 | $0.80 | $0.84 | — | |
| Shares tax | — | — | — | — | $583k | $800k | $2.8m | $2.7m | $2.4m | $2.8m | — | |
| Weighted Average Number of Shares Outstanding, Basic | 4.2m | 4.2m | 7.1m | 8.5m | 8.4m | 10.8m | 15.9m | 16.3m | 17.0m | 21.8m | 23.8m | |
| Weighted-average basic shares outstanding (in shares) | 4.2m | 4.2m | 7.1m | 8.5m | 8.4m | 10.8m | 15.9m | 16.3m | 17.0m | 21.8m | — | |
| Weighted-average diluted shares outstanding (in shares) | — | — | — | 8.5m | 8.4m | 10.8m | 15.9m | 16.4m | 17.1m | 22.0m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 8.5m | 8.4m | 10.8m | 15.9m | 16.4m | 17.1m | 22.0m | 24.1m | |
| Additional Financial Items | ||||||||||||
| Other Interest and Dividend Income | $304k | $217k | $595k | $782k | $1.3m | $1.2m | — | — | — | — | — | |
| Bank Owned Life Insurance Income | $264k | $262k | $286k | $314k | $301k | $358k | $1.0m | $1.1m | $1.1m | $2.0m | — | |
| Equipment Expense | $1.7m | $1.5m | $2.2m | $2.6m | $2.9m | $3.1m | $4.5m | $5.1m | $4.9m | $5.0m | — | |
| Business Combination, Acquisition Related Costs | — | $619k | $4.8m | — | $0 | $3.1m | $294k | $5.5m | $545k | $11.5m | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | $4.2m | $2.9m | $4.3m | $3.3m | $2.1m | $1.6m | — | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | — | $0 | — | — | — | $0 | — | |
| Loans, including fees | $36.4m | $40.2m | $61.7m | $88.1m | $103.5m | $118.8m | $150.3m | $218.1m | $265.5m | $292.2m | — | |
| Taxable | $1.3m | $2.3m | $3.5m | $3.1m | $1.6m | $1.4m | $12.0m | $16.0m | $16.5m | $22.3m | — | |
| Tax-exempt | $2.1m | $1.1m | $2.3m | $2.0m | $1.0m | $1.1m | $1.5m | $1.5m | $1.5m | $1.3m | — | |
| Other interest-bearing balances | $12k | $18k | $75k | $100k | $39k | $13k | $69k | $361k | $1.1m | $611k | — | |
| Federal funds sold | $82k | $115k | $451k | $1.2m | $497k | $809k | $1.8m | $373k | $1.9m | $7.3m | — | |
| Deposits | $4.5m | $5.5m | $10.9m | $21.6m | $16.4m | $11.3m | $14.1m | $79.3m | $116.3m | $121.8m | — | |
| Short-term borrowings | $15k | $111k | $207k | $470k | $371k | $539k | $441k | $7.1m | $10.6m | $381k | — | |
| Long-term and subordinated debt | $838k | $730k | $1.6m | $3.1m | $3.0m | $2.9m | $3.2m | $3.0m | $3.0m | $2.5m | — | |
| Provision for credit losses - loans | — | — | — | — | $4.2m | $2.9m | $4.3m | $3.3m | $2.1m | $1.6m | — | |
| (Benefit)/provision for credit losses - credit commitments | — | — | — | — | — | — | $0 | $404k | ($628k) | ($301k) | — | |
| Provision for credit losses | — | — | — | — | — | — | — | $3.7m | $1.5m | $1.3m | — | |
| Earnings from cash surrender value of life insurance | $264k | $262k | $286k | $314k | $301k | $358k | $1.0m | $1.1m | $1.1m | $2.0m | — | |
| Other | $896k | $879k | $2.0m | $1.5m | $2.3m | $3.2m | $15.3m | $17.9m | $16.2m | $18.7m | — | |
| Software licensing and utilization | $1.4m | $1.5m | $3.0m | $4.4m | $5.3m | $6.3m | $7.5m | $7.9m | $9.3m | $12.6m | — | |
| Occupancy, net | $2.1m | $2.5m | $4.0m | $5.4m | $5.5m | $5.5m | $6.9m | $7.3m | $7.6m | $9.9m | — | |
| Legal and professional fees | $711k | $802k | $1.1m | $1.7m | $1.7m | $2.0m | $2.8m | $2.9m | $4.3m | $3.9m | — | |
| ATM/card processing | — | — | — | — | $819k | $1.1m | $2.1m | $2.1m | $2.3m | $2.7m | — | |
| Intangible amortization | $126k | $104k | $1.2m | $1.4m | $1.4m | $1.2m | $2.0m | $1.8m | $1.8m | $3.0m | — | |
| FDIC Assessment | $688k | $792k | $772k | $839k | $1.7m | $1.9m | $1.6m | $3.5m | $4.2m | $3.5m | — | |
| Loss/(gain) on sale of foreclosed assets, net | $217k | $88k | $4k | ($15k) | $333k | ($25k) | ($133k) | ($144k) | $80k | $646k | — | |
| Merger and acquisition | — | $619k | $4.8m | — | $0 | $3.1m | $294k | $5.5m | $545k | $11.5m | — |