MID PENN BANCORP INC
For the period ended Sep 30, 2025. Filed Nov 6, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 6, 2025
MPB$34.78-0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows for the and (Unaudited)
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
| Nine Months EndedSeptember 30, | ||
|---|---|---|
| (In thousands) | 2025 | 2024 |
| Operating Activities: | ||
| Net Income | $36,801 | $36,205 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Provision for credit losses | 2,136 | 1,183 |
| Depreciation | 3,492 | 3,666 |
| Amortization of intangibles | 2,116 | 1,313 |
| Net amortization of security discounts/premiums | 189 | 305 |
| Noncash operating lease expense | 2,119 | 1,563 |
| Amortization of finance lease right of use asset | 135 | 135 |
| Earnings on cash surrender value of life insurance | (1,370) | (861) |
| Mortgage loans originated for sale | (33,288) | (84,379) |
| Proceeds from sales of mortgage loans originated for sale | 36,547 | 82,135 |
| Gain on sale of mortgage loans | (2,280) | (1,820) |
| SBA loans originated for sale | (1,783) | (4,375) |
| Proceeds from sales of SBA loans originated for sale | 1,903 | 4,707 |
| Gain on sale of SBA loans | (120) | (332) |
| Gain on sale of property, plant, and equipment | (10) | (10) |
| Loss on sale or write-down of foreclosed assets | 443 | 7 |
| Discount on subordinated debt | (462) | (460) |
| Stock compensation expense | 1,458 | 825 |
| Change in deferred income taxes | 7,378 | 80 |
| Increase in accrued interest receivable | (588) | (1,466) |
| Decrease in other assets | 7,007 | 1,065 |
| Increase in accrued interest payable | 2,947 | 4,738 |
| Increase/(decrease) in operating lease liability | 4,101 | (1,507) |
| (Decrease)/increase in other liabilities | (2,094) | 4,575 |
| Net Cash Provided By Operating Activities | $66,777 | $47,292 |
| Investing Activities: | ||
| Proceeds from the maturity or call of available-for-sale securities | 34,397 | 22,050 |
| Purchases of available-for-sale securities | (189,394) | (48,051) |
| Proceeds from the maturity or call of held-to-maturity securities | 28,176 | 12,261 |
| Stock dividends received on FHLB and other bank stock | 330 | 1,136 |
| Reduction of restricted investment in bank stock | 394 | 5,043 |
| Net cash received from acquisitions | 218,113 | (2,676) |
| Net decrease/(increase) in loans | 17,077 | (178,910) |
| Purchases of bank premises and equipment | (6,429) | (664) |
| Proceeds from the sale of premises and equipment | 120 | 152 |
| Proceeds from the sale of foreclosed assets | 72 | 195 |
| Proceeds from bank-owned life insurance | 804 | 2,223 |
| Net change in investments in tax credits and other partnerships | 1,688 | (407) |
| Net Cash Provided by (Used in) Investing Activities | $105,348 | $(187,648) |
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)(CONTINUED)
| Financing Activities: | ||
|---|---|---|
| Net increase in deposits | 33,033 | 360,552 |
| Common stock dividends paid | (13,078) | (9,953) |
| Proceeds from Employee and Director Stock Purchase Plan stock issuance | 479 | 434 |
| Treasury stock purchased | (2,004) | (323) |
| Net change in finance lease liability | (109) | (98) |
| Increase in short-term borrowings | 222,750 | 937,960 |
| Repayment of short-term borrowings | (224,750) | (1,065,395) |
| Long-term debt repayment | (236) | (35,189) |
| Subordinated debt redemption | (8,130) | — |
| Exercise of stock options | 6,525 | — |
| Net Cash Provided by Financing Activities | 14,480 | 187,988 |
| Net increase in cash and cash equivalents | 186,605 | 47,632 |
| Cash and cash equivalents, beginning of period | 70,564 | 96,763 |
| Cash and cash equivalents, end of period | $257,169 | $144,395 |
| Supplemental Disclosures of Cash Flow Information: | ||
| Cash paid for interest | $91,310 | $93,142 |
| Cash paid for income taxes | 399 | 291 |
| Supplemental Noncash Disclosures: | ||
| Recognition of operating lease right of use assets | $3,780 | $— |
| Recognition of operating lease liabilities | 3,780 | — |
| Loans transferred to foreclosed assets held for sale | 9,817 | 164 |
| Fair value of assets acquired in business combination, excluding cash (1) | $687,522 | $1,547 |
| Goodwill recorded (1) | 8,460 | 1,129 |
| Fair value of liabilities assumed in business combination (1) | 630,181 | — |
| Fair value of shares issued in business combination (2) | 103,213 | — |
(1)Includes the impact of the William Penn acquisition on April 30, 2025 and the Charis Insurance Group acquisition on May 12, 2025. See "Note 2 - Business Combinations" to the Consolidated Financial Statements for more information.
(2)Includes the impact of the William Penn acquisition on April 30, 2025.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.