Mid Penn Bank Mortgage Rates, Fees & Info

Millersburg, PA

LEI: 254900L0MIAM922ZEC34

Tax ID: 23-0880270

4.2 stars - out of 5 stars, based on 38 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Mid Penn Bank is a smaller bank specializing in Home Purchase and Refi loans. Mid Penn Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Philadelphia, Harrisburg, Lancaster, Minneapolis, and Ocean City among others. Mid Penn Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Mid Penn Bank is typically an average fee lendor.


Originations

1,481

Origination Dollar Volume (All Markets)

$409,425,000

Employee count

572

Awards

Mid Penn Bank 30 Year Conventional Loans silver Mid Penn Bank 30 Year Conventional Loans bronze Mid Penn Bank 30 Year Conventional Loans bronze Mid Penn Bank 30 Year Conventional Loans silver
Show all (4) awards

Relative Rate

Mid Penn Bank's average 30 year fixed rate mortgage of loans were 3.11%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.04%.

Relative Fees

Mid Penn Bank's average total fees for a 30 year fixed rate mortgage are $5,695.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 597 $188,605,000 $315,921 $5,784 3.20%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 354 $74,150,000 $209,463 $3,542 3.20%
LANCASTER, PA (FHA|USDA|VA) 92 $23,990,000 $260,761 $5,326 3.17%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 71 $20,675,000 $291,197 $6,514 2.92%
OCEAN CITY, NJ (FHA|USDA|VA) 18 $13,660,000 $758,889 $6,133 3.74%
YORK-HANOVER, PA (FHA|USDA|VA) 44 $12,560,000 $285,455 $6,524 2.96%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 21 $8,445,000 $402,143 $4,678 3.08%
READING, PA (FHA|USDA|VA) 39 $7,985,000 $204,744 $4,658 3.68%
Pottsville, PA (FHA|USDA|VA) 70 $7,930,000 $113,286 $2,316 3.40%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 25 $4,905,000 $196,200 $3,500 3.26%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $4,760,000 $2,380,000 $4,518 3.06%
SALISBURY, MD-DE (FHA|USDA|VA) 8 $4,390,000 $548,750 $5,524 2.80%
PITTSBURGH, PA (FHA|USDA|VA) 31 $4,355,000 $140,484 $2,550 3.64%
GETTYSBURG, PA (FHA|USDA|VA) 4 $4,030,000 $1,007,500 $9,827 3.03%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 4 $2,960,000 $740,000 $4,146 3.53%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 9 $2,485,000 $276,111 $3,475 3.38%
LEBANON, PA (FHA|USDA|VA) 12 $2,430,000 $202,500 $3,377 3.24%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 8 $2,230,000 $278,750 $3,105 3.01%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 5 $2,005,000 $401,000 $4,227 2.83%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $1,560,000 $390,000 $10,167 2.50%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 5 $1,535,000 $307,000 $4,565 2.78%
Sunbury, PA (FHA|USDA|VA) 10 $1,250,000 $125,000 $3,358 2.94%
DuBois, PA (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 3.75%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $725,000 $725,000 $8,313 4.50%
Outside of Metro Areas 5 $705,000 $141,000 $2,431 3.29%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $660,000 $330,000 $3,454 2.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $645,000 $645,000 $6,806 3.00%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $555,000 $555,000 $0 3.75%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $545,000 $545,000 $7,371 3.99%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $545,000 $545,000 $4,514 2.75%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $515,000 $515,000 $5,405 2.25%
Somerset, PA (FHA|USDA|VA) 2 $470,000 $235,000 $4,025 4.05%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $460,000 $230,000 $3,530 3.00%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $400,000 $200,000 $3,197 3.56%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $395,000 $395,000 $4,143 2.75%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $375,000 $375,000 $9,210 3.13%
SYRACUSE, NY (FHA|USDA|VA) 1 $345,000 $345,000 $2,886 2.63%
DOVER, DE (FHA|USDA|VA) 2 $330,000 $165,000 $3,762 3.06%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $305,000 $305,000 $4,771 3.50%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $285,000 $285,000 $5,146 2.87%
RICHMOND, VA (FHA|USDA|VA) 1 $245,000 $245,000 $2,863 2.88%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $235,000 $235,000 $6,241 4.13%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $225,000 $225,000 $5,147 4.75%
DECATUR, AL (FHA|USDA|VA) 1 $215,000 $215,000 $7,206 3.25%
Huntingdon, PA (FHA|USDA|VA) 1 $215,000 $215,000 $5,482 2.99%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $195,000 $195,000 $2,734 2.75%
DULUTH, MN-WI (FHA|USDA|VA) 1 $195,000 $195,000 $5,073 3.13%
COLUMBUS, OH (FHA|USDA|VA) 1 $185,000 $185,000 $3,719 3.00%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $185,000 $185,000 $3,292 4.00%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $175,000 $175,000 $2,907 3.13%
Selinsgrove, PA (FHA|USDA|VA) 1 $175,000 $175,000 $3,940 3.00%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $175,000 $175,000 $3,038 2.88%
STATE COLLEGE, PA (FHA|USDA|VA) 2 $150,000 $75,000 $2,915 4.10%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.00%
Easton, MD (FHA|USDA|VA) 1 $125,000 $125,000 $3,462 3.37%
Lock Haven, PA (FHA|USDA|VA) 1 $115,000 $115,000 $3,140 2.38%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.84%
Faribault-Northfield, MN (FHA|USDA|VA) 1 $105,000 $105,000 $4,811 3.00%
Lewisburg, PA (FHA|USDA|VA) 1 $75,000 $75,000 $4,187 3.75%
St. Marys, PA (FHA|USDA|VA) 1 $35,000 $35,000 $1,722 6.65%

Mid Penn Bank's top markets include Philadelphia, Harrisburg, Lancaster, Minneapolis, and Ocean City among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,358 $378,350,000 $278,608 $4,498 3.22%
FHA 106 $26,020,000 $245,472 $9,126 3.11%
VA 13 $4,155,000 $319,615 $9,604 2.89%
USDA 4 $900,000 $225,000 $6,749 3.13%

For the 2021 period, Mid Penn Bank's most frequently originated loan type of loans were Conventional, with 1,358 originations. Their 2nd most popular type is FHA, with 106 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 822 $249,700,000 $303,771 $5,925 3.26%
Refi 428 $114,530,000 $267,593 $3,934 3.07%
Cash Out Refi 159 $41,035,000 $258,082 $4,695 3.03%
Home Improvement 39 $2,905,000 $74,487 $325 4.06%
Other 33 $1,255,000 $38,030 $0 3.75%

For the 2021, Mid Penn Bank's most frequently cited loan purpose of loans were Home Purchase, with 822 originations. The 2nd most popular reason of loans were Refi, with 428 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 937 $273,295,000 $291,670 $5,695 3.11%
15 Year 182 $38,350,000 $210,714 $3,806 2.80%
20 Year 162 $50,510,000 $311,790 $3,823 3.68%
10 Year 72 $8,520,000 $118,333 $946 3.65%
Other 70 $23,420,000 $334,571 $2,174 3.61%
5 Year 37 $5,695,000 $153,919 $0 3.43%
1 Year 17 $7,845,000 $461,471 $8,879 4.38%
30+ year 3 $1,785,000 $595,000 $12,363 4.58%
3 Year 1 $5,000 $5,000 $0 3.10%

For the 2021, Mid Penn Bank's most frequently cited loan length of loans were 30 Year, with 937 originations. The 2nd most popular length of loans were 15 Year, with 182 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 994 $286,860,000 $288,592
$<1k 311 $52,625,000 $169,212
$2k-3k 1 $145,000 $145,000

$5,695 of loans were Mid Penn Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 994 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 688 $193,970,000 $281,933
2.5-3% 442 $126,040,000 $285,158
<2.5% 195 $45,145,000 $231,513
4-5% 141 $43,185,000 $306,277
5-6% 10 $780,000 $78,000
6-7% 5 $305,000 $61,000

During 2021, Mid Penn Bank's average interest rate of loans were 3.11%, while their most frequently originated rate bucket of loans were 3-4%, with 688 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 650 $182,830,000 $281,277 $5,556 3.12%
$100k-200k 414 $63,700,000 $153,865 $4,074 3.18%
$100,000 or less 188 $9,920,000 $52,766 $1,095 3.58%
$400k-600k 173 $83,385,000 $481,994 $6,796 3.11%
$600k-1MM 33 $23,825,000 $721,970 $10,331 3.43%
$1MM+ 23 $45,765,000 $1,989,783 $18,741 3.90%

2021 saw Mid Penn Bank place emphasis on $200k-400k loans with 650 originations, totaling $182,830,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 307 $58,955,000 $192,036 $4,689 3.10%
$100k-150k 280 $75,650,000 $270,179 $4,699 3.17%
$75k-100k 240 $55,120,000 $229,667 $5,262 3.15%
$150k-250k 226 $76,220,000 $337,257 $5,536 3.25%
$50k or less 168 $22,730,000 $135,298 $3,759 3.12%
$250k+ 127 $58,915,000 $463,898 $6,242 3.12%

Mid Penn Bank lent most frequently to those with incomes in the $50k-75k range, with 307 originations. The second most popular income band? $100k-150k, with 280 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 311 $78,275,000 $251,688 $4,370 3.06%
30-36% 270 $73,430,000 $271,963 $4,837 3.19%
<20% 146 $35,630,000 $244,041 $3,863 2.95%
44% 51 $12,885,000 $252,647 $5,303 3.20%
42% 50 $14,580,000 $291,600 $5,195 3.18%
39% 48 $12,770,000 $266,042 $5,195 3.20%
40% 48 $12,270,000 $255,625 $4,870 3.23%
36% 47 $13,335,000 $283,723 $5,596 3.17%
38% 44 $9,040,000 $205,455 $4,020 3.12%
41% 38 $10,530,000 $277,105 $4,900 3.03%
37% 38 $10,030,000 $263,947 $5,363 3.20%
50-60% 38 $9,690,000 $255,000 $8,688 3.10%
43% 36 $9,940,000 $276,111 $5,840 3.11%
46% 31 $8,025,000 $258,871 $5,236 3.01%
49% 31 $7,885,000 $254,355 $5,280 3.09%
45% 26 $7,240,000 $278,462 $5,898 3.10%
48% 25 $6,945,000 $277,800 $7,058 2.89%
47% 21 $5,525,000 $263,095 $6,200 3.06%
>60% 5 $1,195,000 $239,000 $5,218 4.15%

Mid Penn Bank lent most frequently to those with DTI ratios of 20-30%, with 311 originations. The next most common DTI ratio? 30-36%, with 270 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,055 $274,165,000 $259,872 $4,758 3.15%
Not applicable 106 $54,020,000 $509,623 $0 4.05%
Not provided 190 $49,430,000 $260,158 $5,290 3.22%
Asian 69 $17,775,000 $257,609 $4,960 2.90%
Black 59 $13,435,000 $227,712 $6,947 3.07%
American Indian 1 $405,000 $405,000 $8,094 2.38%
Filipino 1 $195,000 $195,000 $3,529 3.50%

Approval Rates

Total approvals of all applications
92.73%

Mid Penn Bank has an average approval rate.

Pick Rate

Approvals leading to origination
77.63%

Mid Penn Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 1,481 $409,425,000 $276,452

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,481 $409,425,000 $276,452

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 98 $15,790,000 $161,122 $2,333 3.32%
40-60% 178 $42,320,000 $237,753 $3,754 3.04%
60-80% 565 $177,025,000 $313,319 $4,819 3.28%
80-100% 570 $167,150,000 $293,246 $6,240 3.17%
Over 100% 5 $1,885,000 $377,000 $9,348 3.49%
Under 20% 65 $5,255,000 $80,846 $591 3.22%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
M&T BANK CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 8 4.9%
M&T BANK CORPORATION Conventional home mortgage Closing on a mortgage 6 3.7%
M&T BANK CORPORATION Conventional home mortgage Improper use of your report 1 0.6%
M&T BANK CORPORATION Conventional home mortgage Incorrect information on your report 1 0.6%
M&T BANK CORPORATION Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 0.6%
M&T BANK CORPORATION Conventional home mortgage Struggling to pay mortgage 13 8.0%
M&T BANK CORPORATION Conventional home mortgage Trouble during payment process 42 25.9%
M&T BANK CORPORATION FHA mortgage Applying for a mortgage or refinancing an existing mortgage 7 4.3%
M&T BANK CORPORATION FHA mortgage Closing on a mortgage 2 1.2%
M&T BANK CORPORATION FHA mortgage Incorrect information on your report 2 1.2%
M&T BANK CORPORATION FHA mortgage Problem with a credit reporting company's investigation into an existing problem 3 1.9%
M&T BANK CORPORATION FHA mortgage Struggling to pay mortgage 11 6.8%
M&T BANK CORPORATION FHA mortgage Trouble during payment process 23 14.2%
M&T BANK CORPORATION Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 2 1.2%
M&T BANK CORPORATION Home equity loan or line of credit (HELOC) Closing on a mortgage 2 1.2%
M&T BANK CORPORATION Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 0.6%
M&T BANK CORPORATION Home equity loan or line of credit (HELOC) Trouble during payment process 3 1.9%
M&T BANK CORPORATION Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 3 1.9%
M&T BANK CORPORATION Other type of mortgage Struggling to pay mortgage 2 1.2%
M&T BANK CORPORATION Other type of mortgage Trouble during payment process 8 4.9%
M&T BANK CORPORATION VA mortgage Applying for a mortgage or refinancing an existing mortgage 3 1.9%
M&T BANK CORPORATION VA mortgage Closing on a mortgage 2 1.2%
M&T BANK CORPORATION VA mortgage Struggling to pay mortgage 3 1.9%
M&T BANK CORPORATION VA mortgage Trouble during payment process 13 8.0%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Mid Penn Bank 3663 Peters Mountain Road Halifax, PA 17032 Full Service B&M $29,266
Mid Penn Bank 10 Sentry Parkway, Suite 100 Blue Bell, PA 19422 Full Service B&M $79,022
Mid Penn Bank 1001 Peters Mountain Road Dauphin, PA 17018 Full Service B&M $52,575
Mid Penn Bank 1021 Centre Turnpike Orwigsburg, PA 17961 Full Service B&M $27,638
Mid Penn Bank 104 Pheasant Run Newtown, PA 18940 Full Service B&M $140,150
Mid Penn Bank 1100 Spring Garden Drive Middletown, PA 17057 Full Service B&M $91,637
Mid Penn Bank 1215 N. Church Street Hazle Township, PA 18202 Full Service B&M $44,667
Mid Penn Bank 125 South Arch Street Connellsville, PA 15425 Full Service B&M $98,329
Mid Penn Bank 632 West Main Street Mount Pleasant, PA 15666 Full Service B&M $22,747
Mid Penn Bank 641 State Route 93 Conyngham, PA 18219 Full Service B&M $53,634
Mid Penn Bank 689 West Main Street New Holland, PA 17557 Full Service B&M $27,429
Mid Penn Bank Route 819 South Mount Pleasant, PA 15666 Full Service B&M $40,026
Mid Penn Bank 1310 Broadcasting Road Wyomissing, PA 19610 Full Service B&M $101,749
Mid Penn Bank 150 Pittsburgh Street Scottdale, PA 15683 Full Service B&M $95,282
Mid Penn Bank 17 North 2nd Street Harrisburg, PA 17101 Full Service Retail $61,702
Mid Penn Bank 1817 Oregon Pike Lancaster, PA 17601 Full Service B&M $35,003
Mid Penn Bank 205 School Road Dalmatia, PA 17017 Full Service B&M $36,899
Mid Penn Bank 2148 Market Street Camp Hill, PA 17011 Full Service B&M $138,471
Mid Penn Bank 2305 South Market Street Elizabethtown, PA 17022 Full Service B&M $56,079
Mid Penn Bank 237 E. Gay Street West Chester, PA 19380 Full Service B&M $90,671
Mid Penn Bank 2615 N Front Street Harrisburg, PA 17110 Full Service B&M $107,282
Mid Penn Bank 29 Main Street Tremont, PA 17981 Full Service B&M $32,934
Mid Penn Bank 3101 Shillington Road Sinking Spring, PA 19608 Full Service B&M $59,966
Mid Penn Bank 349 Union Street Millersburg, PA 17061 Full Service B&M $433,824
Mid Penn Bank 4200 N. 5th Street Highway Temple, PA 19560 Full Service B&M $45,053
Mid Penn Bank 437 Pa 901 Minersville, PA 17954 Full Service B&M $90,889
Mid Penn Bank 4509 Derry Street Harrisburg, PA 17111 Full Service B&M $79,778
Mid Penn Bank 4541 Perkiomen Avenue Reading, PA 19606 Full Service B&M $38,984
Mid Penn Bank 4622 Carlisle Pike Mechanicsburg, PA 17050 Full Service B&M $98,347
Mid Penn Bank 4642 State Route 209 Elizabethville, PA 17023 Full Service B&M $81,605
Mid Penn Bank 504 South Lehigh Avenue Frackville, PA 17931 Full Service B&M $61,041
Mid Penn Bank 5049 Jonestown Road Harrisburg, PA 17112 Full Service B&M $171,328
Mid Penn Bank 51 South Front Street Steelton, PA 17113 Full Service B&M $34,025
Mid Penn Bank 5288 Simpson Ferry Road Mechanicsburg, PA 17050 Full Service B&M $80,039
Mid Penn Bank 545 E Grand Ave Tower City, PA 17980 Full Service B&M $52,150
Mid Penn Bank 550 Main Street Lykens, PA 17048 Full Service B&M $44,340

For 2021, Mid Penn Bank had 36 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $123,321
Net interest income $110,634
Total noninterest income $21,204
Gross Fiduciary activities income $1,251
Service charges on deposit accounts $1,385
Trading account gains and fees $0
Additional Noninterest Income $18,568
Pre-tax net operating income $52,178
Securities gains (or losses, -) $65
Income before extraordinary items $42,371
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $42,371
Minority interest net income $0
Net income $42,371
Sale, conversion, retirement of capital stock, net $0
Net operating income $42,318

Mid Penn Bank's gross interest income from loans was $123,321,000.
Mid Penn Bank's net interest income from loans was $110,634,000.
Mid Penn Bank's fee based income from loans was $1,385,000.
Mid Penn Bank's net income from loans was $42,371,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $12,687
Provision for credit losses $2,945
Total noninterest expense $76,715
Salaries and employee benefits $39,814
Premises and equipment expense $8,560
Additional noninterest expense $28,341
Applicable income taxes $9,872
Net charge-offs $1,730
Cash dividends $3,897

Mid Penn Bank's interest expense for loans was $12,687,000.
Mid Penn Bank's payroll and benefits expense were $39,814,000.
Mid Penn Bank's property, plant and equipment expenses $8,560,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 2.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $4,047,363
Deposits held in domestic offices $4,047,363
Deposits by Individuals, partnerships, and corporations $3,377,099
Deposits by U.S. Government $25
Deposits by States and political subdivisions in the U.S. $667,653
Deposits by Commercial banks and other depository institutions in U.S. $2,586
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $1,962,637
Demand deposits $1,962,637
Nontransaction accounts $2,084,726
Money market deposit accounts (MMDAs) $1,076,594
Other savings deposits (excluding MMDAs) $381,476
Total time deposits $626,657
Total time and savings deposits $2,084,726
Noninterest-bearing deposits $895,785
Interest-bearing deposits $3,151,578
Retail deposits $3,808,775
IRAs and Keogh plan accounts $119,216
Brokered deposits $116,692
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $4,687,600
Cash & Balances due from depository institutions $913,468
Interest-bearing balances $872,368
Total securities $392,619
Federal funds sold & reverse repurchase $0
Net loans and leases $3,101,313
Loan and leases loss allowance $14,597
Trading account assets $0
Bank premises and fixed assets $33,122
Other real estate owned $0
Goodwill and other intangibles $123,270
All other assets $123,808

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $4,687,600
Total Liabilities $4,163,835
Total deposits $4,047,363
Interest-bearing deposits $3,151,578
Deposits held in domestic offices $4,047,363
% insured (estimated) $58
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $81,270
Subordinated debt $0
All other liabilities $35,202

Issued Loan Types

Type Value (in 000's)
Net loans and leases $3,101,313
Loan and leases loss allowance $14,597
Total loans and leases (domestic) $3,115,910
All real estate loans $2,482,107
Real estate loans in domestic offices $2,482,107
Construction and development loans $381,253
Residential 1-4 family construction $81,264
Other construction, all land development and other land $299,989
Loans secured by nonfarm nonresidential properties $1,215,500
Nonfarm nonresidential secured by owner-occupied properties $459,045
Commercial real estate & other non-farm, non-residential $756,455
Multifamily residential real estate $163,586
1-4 family residential loans $584,094
Farmland loans $137,674
Loans held in foreign offices $0
Farm loans $6,228
Commercial and industrial loans $524,872
To non-U.S. addressees $0
Loans to individuals $9,249
Credit card loans $0
Related Plans $4,548
Consumer Auto Loans $809
Other loans to individuals $3,892
All other loans & leases $93,454
Loans to foreign governments and official institutions $0
Other loans $6,181
Loans to depository institutions and acceptances of other banks $4,000
Loans not secured by real estate $637
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $435
Non 1-4 family restructured loans & leases $0
Total loans and leases (foreign) $0

Mid Penn Bank had $3,101,313,000 of loans outstanding in 2021. $2,482,107,000 of loans were in real estate loans. $381,253,000 of loans were in development loans. $163,586,000 of loans were in multifamily mortgage loans. $584,094,000 of loans were in 1-4 family mortgage loans. $6,228,000 of loans were in farm loans. $0 of loans were in credit card loans. $809,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 1,423 $317,425 $223,067
Nonfarm, nonresidential loans - <$100k 299 $15,484 $51,786
Nonfarm, nonresidential loans - $100-250k 464 $56,314 $121,366
Nonfarm, nonresidential loans - $250k-1MM 660 $245,627 $372,162
Commercial & Industrial, US addressed loans - <$1MM 2,983 $228,321 $76,541
Commercial & Industrial, US addressed loans - <$100k 1,922 $42,296 $22,006
Commercial & Industrial, US addressed loans - $100-250k 533 $49,401 $92,685
Commercial & Industrial, US addressed loans - $250k-1MM 528 $136,624 $258,758
Farmland loans - <$1MM 469 $59,629 $127,141
Farmland loans - <$100k 199 $6,517 $32,749
Farmland loans - $100-250k 145 $17,385 $119,897
Farmland loans - $250k-1MM 125 $35,727 $285,816
Agriculture operations loans - <$1MM 130 $4,737 $36,438
Agriculture operations loans - <$100k 114 $2,647 $23,219
Agriculture operations loans - $100-250k 14 $1,566 $111,857
Agriculture operations loans - $250k-1MM 2 $524 $262,000