Mid Penn Bank Mortgage Rates, Fees & Info

Millersburg, PA

LEI: 254900L0MIAM922ZEC34

Tax ID: 23-0880270

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & 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 a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Philadelphia, Harrisburg, Lancaster, Ocean City, and York among others. We have data for 56 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Mid Penn Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Mid Penn Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 12/16/24
    30 Year Conventional Purchase 6.63% 12/16/24
    30 Year Conventional Refi 6.62% 12/16/24
    30 Year Cash-out Refi 6.62% 12/16/24
    30 Year FHA Purchase 7.72% 12/16/24
    30 Year VA Purchase 6.28% 12/16/24
    30 Year USDA Purchase 6.81% 12/16/24
    15 Year Conventional Purchase 6.18% 12/16/24
    15 Year Conventional Refi 6.22% 12/16/24
    15 Year Cash-out Refi 6.22% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Mid Penn Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Mid Penn Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,706

    Origination Dollar Volume (All Markets)

    $443,770,000

    Employee count

    470 Show all (10) awards

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 779 $223,915,000 $287,439 $5,329 3.14%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 504 $107,560,000 $213,413 $3,089 3.11%
    LANCASTER, PA (FHA|USDA|VA) 98 $20,200,000 $206,122 $4,274 3.28%
    OCEAN CITY, NJ (FHA|USDA|VA) 22 $16,380,000 $744,545 $4,481 3.31%
    YORK-HANOVER, PA (FHA|USDA|VA) 43 $10,895,000 $253,372 $5,881 3.43%
    Pottsville, PA (FHA|USDA|VA) 66 $8,910,000 $135,000 $2,092 3.29%
    READING, PA (FHA|USDA|VA) 29 $6,655,000 $229,483 $6,600 3.56%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 12 $6,220,000 $518,333 $3,668 3.16%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 33 $4,915,000 $148,939 $2,926 3.48%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $3,975,000 $3,975,000 $18,514 3.05%
    LEBANON, PA (FHA|USDA|VA) 13 $3,315,000 $255,000 $4,839 2.92%
    PITTSBURGH, PA (FHA|USDA|VA) 22 $3,230,000 $146,818 $2,732 3.80%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $2,505,000 $2,505,000 $8,959 5.50%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 7 $2,335,000 $333,571 $3,750 2.91%
    Key West, FL (FHA|USDA|VA) 1 $2,205,000 $2,205,000 $0 5.25%
    SALISBURY, MD-DE (FHA|USDA|VA) 8 $2,040,000 $255,000 $3,857 2.97%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 4 $1,540,000 $385,000 $4,000 2.97%
    STATE COLLEGE, PA (FHA|USDA|VA) 2 $1,480,000 $740,000 $3,754 3.38%
    Sunbury, PA (FHA|USDA|VA) 7 $1,205,000 $172,143 $2,980 2.99%
    GETTYSBURG, PA (FHA|USDA|VA) 4 $1,160,000 $290,000 $4,696 2.81%
    Kill Devil Hills, NC (FHA|USDA|VA) 2 $1,050,000 $525,000 $4,104 3.25%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 3 $795,000 $265,000 $3,054 3.17%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $770,000 $385,000 $3,807 3.25%
    Stephenville, TX (FHA|USDA|VA) 1 $745,000 $745,000 $11,548 4.25%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $740,000 $370,000 $3,911 2.31%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $730,000 $365,000 $3,862 2.81%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $650,000 $325,000 $6,115 2.88%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $515,000 $515,000 $3,682 2.88%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $515,000 $515,000 $5,136 2.50%
    Outside of Metro Areas 4 $510,000 $127,500 $2,833 3.28%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $455,000 $455,000 $5,332 3.13%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $430,000 $215,000 $2,583 2.69%
    Rexburg, ID (FHA|USDA|VA) 1 $425,000 $425,000 $7,346 4.99%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 4 $420,000 $105,000 $3,066 3.88%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $335,000 $335,000 $2,850 2.88%
    Lock Haven, PA (FHA|USDA|VA) 1 $315,000 $315,000 $3,889 2.38%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $315,000 $315,000 $3,469 2.63%
    NEW BERN, NC (FHA|USDA|VA) 1 $295,000 $295,000 $3,830 2.88%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $285,000 $285,000 $9,630 2.50%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $265,000 $265,000 $2,942 2.50%
    RICHMOND, VA (FHA|USDA|VA) 1 $265,000 $265,000 $3,271 2.88%
    DOVER, DE (FHA|USDA|VA) 1 $245,000 $245,000 $2,601 2.25%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $235,000 $235,000 $3,728 2.13%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $205,000 $205,000 $2,778 3.00%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,418 2.50%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,263 2.88%
    Somerset, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,562 3.13%
    SAVANNAH, GA (FHA|USDA|VA) 1 $175,000 $175,000 $3,166 3.50%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $155,000 $155,000 $2,806 2.50%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $155,000 $155,000 $1,863 4.13%
    Huntingdon, PA (FHA|USDA|VA) 1 $145,000 $145,000 $4,130 3.38%
    COLUMBUS, OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,042 3.25%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $105,000 $105,000 $3,502 2.88%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $85,000 $85,000 $2,999 2.75%
    DuBois, PA (FHA|USDA|VA) 1 $75,000 $75,000 $3,381 2.75%
    Selinsgrove, PA (FHA|USDA|VA) 1 $15,000 $15,000 $0 3.84%
    Mid Penn Bank's top markets include Philadelphia, Harrisburg, Lancaster, Ocean City, and York among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Mid Penn Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    PATRIOT
    Similarity Rank: 170
    Farmers and Merchants Trust Company of Chambersburg
    Similarity Rank: 180
    M. S. Flynn, Inc.
    Similarity Rank: 236
    TRI BORO
    Similarity Rank: 264
    The Honesdale National Bank
    Similarity Rank: 294
    BELLCO
    Similarity Rank: 354
    POINT BREEZE
    Similarity Rank: 384
    LEBANON
    Similarity Rank: 405
    WELCOME HOME FINANCE, L.P.
    Similarity Rank: 456
    EVERENCE FEDERAL CREDIT UNION
    Similarity Rank: 544

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,594 $417,200,000 $261,731 $4,029 3.18%
    FHA 96 $21,920,000 $228,333 $8,624 3.00%
    VA 10 $3,680,000 $368,000 $10,309 2.89%
    USDA 6 $970,000 $161,667 $6,403 2.94%

    For 2020, Mid Penn Bank's most frequently originated type of loan was Conventional, with 1,594 originations. Their 2nd most popular type was FHA, with 96 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 873 $241,945,000 $277,142 $5,382 3.23%
    Refi 640 $164,910,000 $257,672 $3,472 3.06%
    Cash Out Refi 133 $33,985,000 $255,526 $4,032 3.07%
    Home Improvement 35 $1,705,000 $48,714 $0 3.80%
    Other 25 $1,225,000 $49,000 $20 3.71%

    For 2020, Mid Penn Bank's most frequently cited loan purpose was Home Purchase, with 873 originations. The 2nd most popular reason was Refi, with 640 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,059 $293,545,000 $277,191 $5,065 3.10%
    15 Year 294 $63,160,000 $214,830 $3,372 2.76%
    20 Year 164 $43,160,000 $263,171 $3,014 3.86%
    Other 68 $22,960,000 $337,647 $2,747 3.55%
    10 Year 56 $7,290,000 $130,179 $1,131 3.78%
    5 Year 53 $8,955,000 $168,962 $0 3.41%
    1 Year 10 $1,900,000 $190,000 $6,038 4.38%
    30+ year 2 $2,800,000 $1,400,000 $12,408 4.53%

    For 2020, Mid Penn Bank's most frequently cited loan duration was 30 Year, with 1,059 originations. The 2nd most popular length was 15 Year, with 294 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 808 $230,580,000 $285,371
    $<1k 728 $155,040,000 $212,967
    $2k-3k 4 $1,060,000 $265,000
    $5k+ 2 $810,000 $405,000
    $3k-4k 1 $215,000 $215,000

    Mid Penn Bank's average total fees were $5,065, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 808 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 668 $177,680,000 $265,988
    3-4% 648 $168,080,000 $259,383
    <2.5% 223 $52,145,000 $233,834
    4-5% 145 $38,485,000 $265,414
    5-6% 21 $7,335,000 $349,286
    6-7% 1 $45,000 $45,000

    During 2020, Mid Penn Bank's average interest rate for loans was 3.10%, while their most frequently originated rate bucket for loans was 2.5-3%, with 668 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 770 $215,230,000 $279,519 $4,960 3.03%
    $100k-200k 507 $77,595,000 $153,047 $3,608 3.11%
    $100,000 or less 203 $11,875,000 $58,498 $1,274 3.77%
    $400k-600k 193 $91,005,000 $471,528 $6,136 3.10%
    $1MM+ 20 $38,290,000 $1,914,500 $11,524 4.05%
    $600k-1MM 13 $9,775,000 $751,923 $8,334 4.07%

    2020 saw Mid Penn Bank place emphasis on $200k-400k loans with 770 originations, totaling $215,230,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 370 $74,150,000 $200,405 $4,429 3.08%
    $100k-150k 369 $97,555,000 $264,377 $4,444 3.07%
    $75k-100k 264 $59,690,000 $226,098 $4,425 3.07%
    $150k-250k 239 $77,795,000 $325,502 $4,652 3.10%
    $50k or less 192 $26,920,000 $140,208 $3,528 3.11%
    $250k+ 121 $58,045,000 $479,711 $4,921 3.20%

    Mid Penn Bank lent most frequently to those with incomes in the $50k-75k range, with 370 originations. The second most popular income band? $100k-150k, with 369 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 406 $100,680,000 $247,980 $3,843 3.03%
    30-36% 295 $71,985,000 $244,017 $4,180 3.08%
    <20% 184 $47,060,000 $255,761 $3,521 2.94%
    38% 62 $16,170,000 $260,806 $4,402 3.15%
    37% 57 $13,485,000 $236,579 $4,607 3.10%
    36% 53 $12,815,000 $241,792 $4,643 3.13%
    41% 52 $14,280,000 $274,615 $5,014 3.03%
    43% 49 $13,225,000 $269,898 $5,268 2.99%
    39% 48 $12,190,000 $253,958 $4,495 3.14%
    40% 48 $11,250,000 $234,375 $4,345 3.13%
    42% 43 $11,315,000 $263,140 $5,007 2.99%
    44% 39 $9,665,000 $247,821 $5,278 3.09%
    47% 38 $9,700,000 $255,263 $4,672 3.07%
    50-60% 35 $8,465,000 $241,857 $7,792 3.14%
    49% 34 $9,450,000 $277,941 $5,722 3.08%
    45% 33 $7,485,000 $226,818 $4,505 3.10%
    48% 29 $7,035,000 $242,586 $5,341 3.12%
    46% 29 $8,045,000 $277,414 $5,088 3.06%
    >60% 5 $2,065,000 $413,000 $6,179 4.15%

    Mid Penn Bank lent most frequently to those with DTI ratios of 20-30%, with 406 originations. The next most common DTI ratio? 30-36%, with 295 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,069 $274,505,000 $256,787 $4,260 3.10%
    Not provided 268 $70,280,000 $262,239 $5,034 3.22%
    Asian 223 $48,525,000 $217,601 $3,746 2.87%
    Not applicable 116 $42,460,000 $366,034 $0 4.27%
    Black 29 $7,685,000 $265,000 $7,028 3.15%
    American Indian 1 $315,000 $315,000 $12,527 3.00%

    Approval Rates

    Total approvals of all applications
    94.53%

    Mid Penn Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.78%

    Mid Penn Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,706 $443,770,000 $260,123

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 2 $3,660,000 $1,830,000
    Multifamily:Site-Built 38 $25,500,000 $671,053
    Single Family (1-4 Units):Site-Built 1,666 $414,610,000 $248,866

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 92 $14,560,000 $158,261 $2,144 3.24%
    40-60% 249 $64,355,000 $258,454 $3,293 3.02%
    60-80% 683 $183,325,000 $268,411 $4,037 3.21%
    80-100% 627 $175,505,000 $279,912 $5,630 3.12%
    Over 100% 7 $2,095,000 $299,286 $8,620 3.05%
    Under 20% 48 $3,930,000 $81,875 $228 3.93%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    M&T BANK CORPORATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 17 8.3%
    M&T BANK CORPORATION Conventional home mortgage Closing on a mortgage 10 4.9%
    M&T BANK CORPORATION Conventional home mortgage Credit monitoring or identity theft protection services 1 0.5%
    M&T BANK CORPORATION Conventional home mortgage Incorrect information on your report 4 2.0%
    M&T BANK CORPORATION Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 1 0.5%
    M&T BANK CORPORATION Conventional home mortgage Struggling to pay mortgage 25 12.2%
    M&T BANK CORPORATION Conventional home mortgage Trouble during payment process 47 22.9%
    M&T BANK CORPORATION FHA mortgage Applying for a mortgage or refinancing an existing mortgage 5 2.4%
    M&T BANK CORPORATION FHA mortgage Closing on a mortgage 8 3.9%
    M&T BANK CORPORATION FHA mortgage Incorrect information on your report 1 0.5%
    M&T BANK CORPORATION FHA mortgage Struggling to pay mortgage 15 7.3%
    M&T BANK CORPORATION FHA mortgage Trouble during payment process 20 9.8%
    M&T BANK CORPORATION Home equity loan or line of credit (HELOC) Closing on a mortgage 2 1.0%
    M&T BANK CORPORATION Home equity loan or line of credit (HELOC) Incorrect information on your report 2 1.0%
    M&T BANK CORPORATION Home equity loan or line of credit (HELOC) Struggling to pay mortgage 2 1.0%
    M&T BANK CORPORATION Home equity loan or line of credit (HELOC) Trouble during payment process 5 2.4%
    M&T BANK CORPORATION Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 2 1.0%
    M&T BANK CORPORATION Other type of mortgage Closing on a mortgage 4 2.0%
    M&T BANK CORPORATION Other type of mortgage Struggling to pay mortgage 3 1.5%
    M&T BANK CORPORATION Other type of mortgage Trouble during payment process 9 4.4%
    M&T BANK CORPORATION Reverse mortgage Closing on a mortgage 1 0.5%
    M&T BANK CORPORATION VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.5%
    M&T BANK CORPORATION VA mortgage Closing on a mortgage 3 1.5%
    M&T BANK CORPORATION VA mortgage Problem with a credit reporting company's investigation into an existing problem 1 0.5%
    M&T BANK CORPORATION VA mortgage Struggling to pay mortgage 8 3.9%
    M&T BANK CORPORATION VA mortgage Trouble during payment process 8 3.9%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Mid Penn Bank 10 Sentry Parkway, Suite 100 Blue Bell, PA 19422 Full Service B&M $41,037
    Mid Penn Bank 1001 Peters Mountain Road Dauphin, PA 17018 Full Service B&M $38,522
    Mid Penn Bank 1021 Centre Turnpike Orwigsburg, PA 17961 Full Service B&M $19,339
    Mid Penn Bank 104 Pheasant Run Newtown, PA 18940 Full Service B&M $97,704
    Mid Penn Bank 1100 Spring Garden Drive Middletown, PA 17057 Full Service B&M $76,328
    Mid Penn Bank 1215 N. Church Street Hazle Township, PA 18202 Full Service B&M $20,393
    Mid Penn Bank 125 South Arch Street Connellsville, PA 15425 Full Service B&M $80,973
    Mid Penn Bank 1310 Broadcasting Road Wyomissing, PA 19610 Full Service B&M $87,430
    Mid Penn Bank 150 Pittsburgh Street Scottdale, PA 15683 Full Service B&M $81,942
    Mid Penn Bank 17 North 2nd Street Harrisburg, PA 17101 Full Service Retail $66,040
    Mid Penn Bank 1817 Oregon Pike Lancaster, PA 17601 Full Service B&M $12,860
    Mid Penn Bank 192 Main Street Vanderbilt, PA 15486 Full Service B&M $16,015
    Mid Penn Bank 193 Market Street Pillow, PA 17080 Full Service B&M $6,082
    Mid Penn Bank 2 West Liberty Boulevard Malvern, PA 19355 Full Service B&M $92,833
    Mid Penn Bank 205 School Road Dalmatia, PA 17017 Full Service B&M $30,795
    Mid Penn Bank 2148 Market Street Camp Hill, PA 17011 Full Service B&M $126,344
    Mid Penn Bank 2305 South Market Street Elizabethtown, PA 17022 Full Service B&M $43,532
    Mid Penn Bank 237 E. Gay Street West Chester, PA 19380 Full Service B&M $39,246
    Mid Penn Bank 2615 N Front Street Harrisburg, PA 17110 Full Service B&M $85,590
    Mid Penn Bank 29 Main Street Tremont, PA 17981 Full Service B&M $34,094
    Mid Penn Bank 3101 Shillington Road Sinking Spring, PA 19608 Full Service B&M $59,234
    Mid Penn Bank 349 Union Street Millersburg, PA 17061 Full Service B&M $340,848
    Mid Penn Bank 3663 Peters Mountain Road Halifax, PA 17032 Full Service B&M $21,068
    Mid Penn Bank 4200 N. 5th Street Highway Temple, PA 19560 Full Service B&M $37,945
    Mid Penn Bank 437 Pa 901 Minersville, PA 17954 Full Service B&M $81,746
    Mid Penn Bank 4509 Derry Street Harrisburg, PA 17111 Full Service B&M $71,441
    Mid Penn Bank 4541 Perkiomen Avenue Reading, PA 19606 Full Service B&M $31,576
    Mid Penn Bank 4622 Carlisle Pike Mechanicsburg, PA 17050 Full Service B&M $62,460
    Mid Penn Bank 4642 State Route 209 Elizabethville, PA 17023 Full Service B&M $70,819
    Mid Penn Bank 504 South Lehigh Avenue Frackville, PA 17931 Full Service B&M $49,258
    Mid Penn Bank 5049 Jonestown Road Harrisburg, PA 17112 Full Service B&M $153,866
    Mid Penn Bank 51 South Front Street Steelton, PA 17113 Full Service B&M $31,969
    Mid Penn Bank 5288 Simpson Ferry Road Mechanicsburg, PA 17050 Full Service B&M $42,302
    Mid Penn Bank 545 E Grand Ave Tower City, PA 17980 Full Service B&M $46,096
    Mid Penn Bank 550 Main Street Lykens, PA 17048 Full Service B&M $37,241
    Mid Penn Bank 632 West Main Street Mount Pleasant, PA 15666 Full Service B&M $16,499
    Mid Penn Bank 641 State Route 93 Conyngham, PA 18219 Full Service B&M $40,761
    Mid Penn Bank 689 West Main Street New Holland, PA 17557 Full Service B&M $13,964
    Mid Penn Bank Route 819 South Mount Pleasant, PA 15666 Full Service B&M $33,037

    For 2020, Mid Penn Bank had 39 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $107,935
    Net interest income $89,668
    Total noninterest income $16,766
    Gross Fiduciary activities income $1,023
    Service charges on deposit accounts $968
    Trading account gains and fees $0
    Additional Noninterest Income $14,775
    Pre-tax net operating income $35,399
    Securities gains (or losses, -) $460
    Income before extraordinary items $29,971
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $29,971
    Minority interest net income $0
    Net income $29,971
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $29,584

    Mid Penn Bank's gross interest income from loans was $107,935,000.
    Mid Penn Bank's net interest income from loans was $89,668,000.
    Mid Penn Bank's fee based income from loans was $968,000.
    Mid Penn Bank's net income from loans was $29,971,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $18,267
    Provision for credit losses $4,200
    Total noninterest expense $66,835
    Salaries and employee benefits $36,078
    Premises and equipment expense $8,361
    Additional noninterest expense $22,396
    Applicable income taxes $5,888
    Net charge-offs $333
    Cash dividends $7,537

    Mid Penn Bank's interest expense for loans was $18,267,000.
    Mid Penn Bank's payroll and benefits expense were $36,078,000.
    Mid Penn Bank's property, plant and equipment expenses $8,361,000.

    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 1.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 4.0%
    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 $2,488,910
    Deposits held in domestic offices $2,488,910
    Deposits by Individuals, partnerships, and corporations $2,069,530
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $418,015
    Deposits by Commercial banks and other depository institutions in U.S. $1,365
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $1,156,121
    Demand deposits $1,156,121
    Nontransaction accounts $1,332,789
    Money market deposit accounts (MMDAs) $720,506
    Other savings deposits (excluding MMDAs) $195,038
    Total time deposits $417,245
    Total time and savings deposits $1,332,789
    Noninterest-bearing deposits $552,043
    Interest-bearing deposits $1,936,867
    Retail deposits $2,346,037
    IRAs and Keogh plan accounts $58,570
    Brokered deposits $74,746
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,998,060
    Cash & Balances due from depository institutions $303,312
    Interest-bearing balances $272,029
    Total securities $134,555
    Federal funds sold & reverse repurchase $0
    Net loans and leases $2,396,165
    Loan and leases loss allowance $13,382
    Trading account assets $0
    Bank premises and fixed assets $24,815
    Other real estate owned $134
    Goodwill and other intangibles $67,200
    All other assets $71,879

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,998,060
    Total Liabilities $2,712,197
    Total deposits $2,488,910
    Interest-bearing deposits $1,936,867
    Deposits held in domestic offices $2,488,910
    % insured (estimated) $55
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $200,732
    Subordinated debt $0
    All other liabilities $22,555

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $2,396,165
    Loan and leases loss allowance $13,382
    Total loans and leases (domestic) $2,409,547
    All real estate loans $1,642,397
    Real estate loans in domestic offices $1,642,397
    Construction and development loans $254,075
    Residential 1-4 family construction $51,275
    Other construction, all land development and other land $202,800
    Loans secured by nonfarm nonresidential properties $775,574
    Nonfarm nonresidential secured by owner-occupied properties $367,838
    Commercial real estate & other non-farm, non-residential $407,736
    Multifamily residential real estate $78,627
    1-4 family residential loans $448,390
    Farmland loans $85,731
    Loans held in foreign offices $0
    Farm loans $4,590
    Commercial and industrial loans $693,018
    To non-U.S. addressees $0
    Loans to individuals $5,620
    Credit card loans $0
    Related Plans $1,731
    Consumer Auto Loans $287
    Other loans to individuals $3,602
    All other loans & leases $63,922
    Loans to foreign governments and official institutions $0
    Other loans $1,434
    Loans to depository institutions and acceptances of other banks $7,000
    Loans not secured by real estate $521
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $463
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Mid Penn Bank had $2,396,165,000 of loans outstanding in 2020. $1,642,397,000 of loans were in real estate loans. $254,075,000 of loans were in development loans. $78,627,000 of loans were in multifamily mortgage loans. $448,390,000 of loans were in 1-4 family mortgage loans. $4,590,000 of loans were in farm loans. $0 of loans were in credit card loans. $287,000 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 1,105 $249,869 $226,126
    Nonfarm, nonresidential loans - <$100k 254 $15,451 $60,831
    Nonfarm, nonresidential loans - $100-250k 343 $41,089 $119,793
    Nonfarm, nonresidential loans - $250k-1MM 508 $193,329 $380,569
    Commercial & Industrial, US addressed loans - <$1MM 3,872 $317,329 $81,955
    Commercial & Industrial, US addressed loans - <$100k 2,631 $68,734 $26,125
    Commercial & Industrial, US addressed loans - $100-250k 674 $74,365 $110,334
    Commercial & Industrial, US addressed loans - $250k-1MM 567 $174,230 $307,284
    Farmland loans - <$1MM 350 $46,432 $132,663
    Farmland loans - <$100k 151 $4,775 $31,623
    Farmland loans - $100-250k 103 $12,949 $125,718
    Farmland loans - $250k-1MM 96 $28,708 $299,042
    Agriculture operations loans - <$1MM 84 $3,097 $36,869
    Agriculture operations loans - <$100k 76 $1,948 $25,632
    Agriculture operations loans - $100-250k 8 $1,149 $143,625