Mid Penn Bancorp Inc (MPB) 16.06 $MPB
Mid Penn Bancorp, Inc. Reports Quarterly Earnings and Declares Quarterly Dividend
GlobeNewswire - Wed Apr 27, 12:27PM CDT
Mid Penn Bancorp, Inc. ("Mid Penn"
(NASDAQ:MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders (earnings) for the three months ended March 31, 2016 of $1,805,000 or $0.43 per common share basic and diluted, as compared to earnings of $876,000 or $0.23 per common share basic and diluted, for the three months ended March 31, 2015. Earnings per common share for the first quarter of 2016 increased 87% over the same period in 2015. The results for the three months ended March 31, 2015 were impacted by $762,000 in non-recurring merger-related expenses associated with Mid Penn's acquisition of Phoenix Bancorp, Inc. ("Phoenix" on March 1, 2015. Mid Penn's earnings for the three months ended March 31, 2016 were 28% higher than adjusted earnings for the first quarter of 2015 of $1,413,000, which excluded the after-tax impact of the Phoenix merger-related expenses.
MPB: 16.06 (+0.21)
Mid Penn Bank Appoints Joseph Paese as Director of Trust and Wealth Management
GlobeNewswire - Wed Apr 13, 1:29PM CDT
Mid Penn Bank today announced Joseph L. Paese, CFP, is joining the organization as Executive Vice President and Director of Trust and Wealth Management.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Appoints New Chief Financial Officer
GlobeNewswire - Thu Mar 24, 10:38AM CDT
Mid Penn Bancorp, Inc. ("Mid Penn" (NASDAQ:MPB), headquartered in Millersburg, Pennsylvania, today announced Michael D. Peduzzi, CPA, is joining the organization as Executive Vice President and Chief Financial Officer (CFO).
MPB: 16.06 (+0.21), CVLY: 20.99 (+0.09)
BUYINS.NET: NBBC, CPRX, MPB, LTXB, Expected to Trade Higher After Bullish Insider Trading
M2 - Tue Feb 02, 9:03AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. NewBridge Bancorp (NASDAQ:NBBC), Catalyst Pharmaceutical Partners Inc (NASDAQ:CPRX), Mid Penn Bancorp Inc (NASDAQ:MPB), (NASDAQ:LTXB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
CPRX: 0.80 (unch), MPB: 16.06 (+0.21), NBBC: 10.93 (-0.42), LTXB: 26.98 (+0.42)
Mid Penn Bancorp, Inc. Reports Annual Earnings Increase of 13% and Declares Quarterly and Special Dividends
GlobeNewswire - Wed Jan 27, 2:59PM CST
Mid Penn Bancorp, Inc. ("Mid Penn" (NASDAQ:MPB), the parent company of Mid Penn Bank, today reported net income for the three months ended December 31, 2015 of $1,627,000, an 83.2% increase over the same period in 2014. Net income for the twelve months ended December 31, 2015 was $6,528,000, a 14.5% increase from 2014. Net income available to common shareholders for the twelve months ended December 31, 2015 was $6,038,000, or $1.47 per common share, a 12.8% increase from the same period in 2014. Excluding merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc. ("Phoenix" , and the corresponding tax impact, net income available to common shareholders for the twelve months ended December 31, 2015 would have been $6,576,000, an increase of 11.6% over the adjusted results for the twelve months ended December 31, 2014. Mid Penn also reported increases of $167,658,000 (29.3%) in total loans, $175,981,000 (23.3%) in total assets, and $139,121,000 (21.8%) in total deposits over December 31, 2014. The comparability of the financial condition and results of operations as of and for the three and twelve month periods ended December 31, 2015 and 2014, in general, have been favorably impacted by the acquisition of Phoenix.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Reports Third Quarter Earnings Increase of 20% and Declares Dividend
GlobeNewswire - Wed Oct 28, 1:37PM CDT
Mid Penn Bancorp, Inc. ("Mid Penn" (NASDAQ:MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders for the quarter ended September 30, 2015 of $1,802,000, or $0.43 per common share, a 19.6% increase over the same period in 2014. Net income available to common shareholders for the nine months ended September 30, 2015 was $4,630,000, or $1.14 per common share, a 1.8% increase from the same period in 2014. Excluding merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc. ("Phoenix" , and the corresponding tax impact, net income available to common shareholders for the nine months ended September 30, 2015 would have been $5,181,000, an increase of 13.9% over the unadjusted results for the nine months ended September 30, 2014. Mid Penn also reported increases of $150,924,000 (26.6%) in total loans, $150,862,000 (19.7%) in total assets, and $129,153,000 (20.0%) in total deposits over September 30, 2014. The comparability of the financial condition and results of operations as of and for the three and nine month periods ended September 30, 2015 and 2014, in general, have been favorably impacted by the acquisition of Phoenix.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Reports Second Quarter Earnings Increase of 20% and Declares Dividend
GlobeNewswire - Wed Jul 22, 2:20PM CDT
Mid Penn Bancorp, Inc. ("Mid Penn" (NASDAQ:MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders for the quarter ended June 30, 2015 of $1,952,000, or $0.46 per common share, a 20.6% increase over the same period in 2014. Net income available to common shareholders for the six months ended June 30, 2015 was $2,828,000, or $0.71 per common share, a 7.1% decrease from the same period in 2014. Excluding merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc. ("Phoenix" , and the corresponding tax impact, net income available to common shareholders for the six months ended June 30, 2015 would have been $3,379,000, an increase of 11.0% over the unadjusted results for the six months ended June 30, 2014. Mid Penn also reported increases of $162,862,000 in total assets, $156,537,000 in total loans, and $121,920,000 in total deposits over June 30, 2014. The comparability of the financial condition and results of operations as of and for the three and six month periods ended June 30, 2015 and 2014, in general, have been impacted by the acquisition of Phoenix. The recorded amounts of assets purchased and liabilities assumed in the Phoenix acquisition may be adjusted for up to one year subsequent to the acquisition. Such adjustments, if any, are not expected to be significant.
MPB: 16.06 (+0.21)
Mid Penn Bank to Open Simpson Ferry Road Branch June 29
GlobeNewswire - Fri Jun 19, 10:24AM CDT
Mid Penn Bank is announcing the opening of its Simpson Ferry Road branch on June 29, 2015, at 5288 Simpson Ferry Road in Lower Allen Township, Mechanicsburg.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Reports First Quarter Earnings
GlobeNewswire - Thu Apr 30, 2:55PM CDT
Mid Penn Bancorp, Inc. ("Mid Penn" (Nasdaq:MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders for the quarter ended March 31, 2015 of $876,000, or $0.23 per common share. Net income available to common shareholders was impacted by $909,000 of merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc. ("Phoenix" on March 1, 2015. Excluding these charges, and the corresponding tax impact, net income available to common shareholders for the three months ended March 31, 2015 would have been $1,503,000, an increase of 5.5% over the three months ended March 31, 2014. Mid Penn also reported increases of $176,673,000 in total assets, $152,371,000 in total deposits, and $145,414,000 in total loans over the same period in 2014. The comparability of the financial condition and results of operations as of and for the three month periods ended March 31, 2015 and 2014, in general, have been impacted by the acquisition of Phoenix. The recorded amounts of assets purchased and liabilities assumed in the Phoenix acquisition may be adjusted for up to one year subsequent to the acquisition. Such adjustments, if any, are not expected to be significant.
MPB: 16.06 (+0.21)
Mid Penn Bank Seeks Approval to Open Branch in Mechanicsburg
GlobeNewswire - Thu Mar 12, 6:56AM CDT
Mid Penn Bank is seeking regulatory approval to open a branch at 5288 Simpson Ferry Road in Mechanicsburg, adjacent to the Windsor Park Shopping Center in Lower Allen Township. The bank today submitted an application to the Pennsylvania Department of Banking and Securities and to the Federal Deposit Insurance Corporation.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Announces Completion of Merger
GlobeNewswire - Mon Mar 02, 7:11AM CST
Mid Penn Bancorp, Inc. ("Mid Penn" (Nasdaq:MPB), the bank holding company of Mid Penn Bank, announced that it has successfully completed the merger of Phoenix Bancorp, Inc., of Minersville, Pennsylvania ("Phoenix" , with Mid Penn, effective March 1, 2015, under the terms of the Agreement and Plan of Merger. Concurrently with the merger of Mid Penn and Phoenix, Phoenix's subsidiary bank, Miners Bank, was merged into and became part of Mid Penn Bank and now operates as "Miners Bank, a Division of Mid Penn Bank."
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Receives Regulatory Approvals for Phoenix Bancorp, Inc. Merger
GlobeNewswire - Tue Feb 03, 1:03PM CST
Mid Penn Bancorp, Inc. ("Mid Penn" (Nasdaq:MPB) and Phoenix Bancorp, Inc. ("Phoenix" (OTC
XBP) announced today that they have received all required approvals from the Federal Deposit Insurance Corporation, the Board of Governors of Federal Reserve System and the Pennsylvania Department of Banking and Securities to complete their proposed merger. Shareholders from both Mid Penn and Phoenix approved the transaction December 23, 2014. Mid Penn intends to close the transaction on March 1, 2015.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Reports 16% Improvement in Annual Earnings and Declares 17th Consecutive Quarterly Dividend
GlobeNewswire - Wed Jan 28, 3:31PM CST
Mid Penn Bancorp, Inc. ("Mid Penn" (Nasdaq:MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders for the quarter ended December 31, 2014 of $801,000, or $0.23 per common share and for the year ended December 31, 2014 of $5,351,000, or $1.53 per common share. Net income available to common shareholders for both the fourth quarter and year of 2014 was impacted by $573,000 of merger and acquisition expenses incurred in conjunction with the pending acquisition of Phoenix Bancorp, Inc. Excluding these charges, and the corresponding tax impact, net income available to common shareholders for the three and twelve months ended December 31, 2014 would have been $1,202,000 and $5,760,000, an increase of 24.8% over the twelve months ended December 31, 2013. Mid Penn also reported increases of $42,532,000 in total assets, $29,792,000 in total deposits, and $25,071,000 in total loans over the same period in 2013.
MPB: 16.06 (+0.21)
Mid Penn Bank to Open Elizabethtown Branch Feb. 2
GlobeNewswire - Tue Jan 27, 12:25PM CST
Mid Penn Bank is opening its newest branch on Feb. 2 at 2305 South Market Street in Elizabethtown.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Announces Preliminary Results of Cash and Stock Elections by Shareholders of Phoenix Bancorp, Inc.
GlobeNewswire - Thu Jan 08, 1:25PM CST
Mid Penn Bancorp, Inc. (Nasdaq:MPB) ("Mid Penn" today announced the preliminary results of elections made by shareholders of Phoenix Bancorp, Inc. ("Phoenix" regarding their preferences as to the form of merger consideration (either shares of Mid Penn common stock or cash) they will receive in connection with the pending acquisition of Phoenix by Mid Penn. The deadline for Phoenix shareholders to have made elections in connection with the transaction was 5:00 p.m., New York City time, on December 22, 2014.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. and Phoenix Bancorp, Inc. Shareholders Approve Merger
GlobeNewswire - Tue Dec 23, 9:38AM CST
Mid Penn Bancorp, Inc. ("Mid Penn" (Nasdaq:MPB) and Phoenix Bancorp, Inc. ("Phoenix" (OTC XBP) announced that shareholders from both Mid Penn and Phoenix, at special meetings of their respective shareholders held today, approved Mid Penn's proposed acquisition of Phoenix.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Reports Quarterly Earnings and Declares Quarterly Dividend
GlobeNewswire - Wed Apr 27, 12:27PM CDT
Mid Penn Bancorp, Inc. ("Mid Penn"
(NASDAQ:MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders (earnings) for the three months ended March 31, 2016 of $1,805,000 or $0.43 per common share basic and diluted, as compared to earnings of $876,000 or $0.23 per common share basic and diluted, for the three months ended March 31, 2015. Earnings per common share for the first quarter of 2016 increased 87% over the same period in 2015. The results for the three months ended March 31, 2015 were impacted by $762,000 in non-recurring merger-related expenses associated with Mid Penn's acquisition of Phoenix Bancorp, Inc. ("Phoenix" on March 1, 2015. Mid Penn's earnings for the three months ended March 31, 2016 were 28% higher than adjusted earnings for the first quarter of 2015 of $1,413,000, which excluded the after-tax impact of the Phoenix merger-related expenses. MPB: 16.06 (+0.21)
Mid Penn Bank Appoints Joseph Paese as Director of Trust and Wealth Management
GlobeNewswire - Wed Apr 13, 1:29PM CDT
Mid Penn Bank today announced Joseph L. Paese, CFP, is joining the organization as Executive Vice President and Director of Trust and Wealth Management.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Appoints New Chief Financial Officer
GlobeNewswire - Thu Mar 24, 10:38AM CDT
Mid Penn Bancorp, Inc. ("Mid Penn"
(NASDAQ:MPB), headquartered in Millersburg, Pennsylvania, today announced Michael D. Peduzzi, CPA, is joining the organization as Executive Vice President and Chief Financial Officer (CFO). MPB: 16.06 (+0.21), CVLY: 20.99 (+0.09)
BUYINS.NET: NBBC, CPRX, MPB, LTXB, Expected to Trade Higher After Bullish Insider Trading
M2 - Tue Feb 02, 9:03AM CST
BUYINS.NET / http://www.squeezetrigger.com is monitoring top insider trading patterns and these stocks are the most likely to trade Higher in the next 6 months. NewBridge Bancorp (NASDAQ:NBBC), Catalyst Pharmaceutical Partners Inc (NASDAQ:CPRX), Mid Penn Bancorp Inc (NASDAQ:MPB), (NASDAQ:LTXB) are all expected to go Higher as Buy signals have been generated by top insider trading patterns.
CPRX: 0.80 (unch), MPB: 16.06 (+0.21), NBBC: 10.93 (-0.42), LTXB: 26.98 (+0.42)
Mid Penn Bancorp, Inc. Reports Annual Earnings Increase of 13% and Declares Quarterly and Special Dividends
GlobeNewswire - Wed Jan 27, 2:59PM CST
Mid Penn Bancorp, Inc. ("Mid Penn"
(NASDAQ:MPB), the parent company of Mid Penn Bank, today reported net income for the three months ended December 31, 2015 of $1,627,000, an 83.2% increase over the same period in 2014. Net income for the twelve months ended December 31, 2015 was $6,528,000, a 14.5% increase from 2014. Net income available to common shareholders for the twelve months ended December 31, 2015 was $6,038,000, or $1.47 per common share, a 12.8% increase from the same period in 2014. Excluding merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc. ("Phoenix" , and the corresponding tax impact, net income available to common shareholders for the twelve months ended December 31, 2015 would have been $6,576,000, an increase of 11.6% over the adjusted results for the twelve months ended December 31, 2014. Mid Penn also reported increases of $167,658,000 (29.3%) in total loans, $175,981,000 (23.3%) in total assets, and $139,121,000 (21.8%) in total deposits over December 31, 2014. The comparability of the financial condition and results of operations as of and for the three and twelve month periods ended December 31, 2015 and 2014, in general, have been favorably impacted by the acquisition of Phoenix. MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Reports Third Quarter Earnings Increase of 20% and Declares Dividend
GlobeNewswire - Wed Oct 28, 1:37PM CDT
Mid Penn Bancorp, Inc. ("Mid Penn"
(NASDAQ:MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders for the quarter ended September 30, 2015 of $1,802,000, or $0.43 per common share, a 19.6% increase over the same period in 2014. Net income available to common shareholders for the nine months ended September 30, 2015 was $4,630,000, or $1.14 per common share, a 1.8% increase from the same period in 2014. Excluding merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc. ("Phoenix" , and the corresponding tax impact, net income available to common shareholders for the nine months ended September 30, 2015 would have been $5,181,000, an increase of 13.9% over the unadjusted results for the nine months ended September 30, 2014. Mid Penn also reported increases of $150,924,000 (26.6%) in total loans, $150,862,000 (19.7%) in total assets, and $129,153,000 (20.0%) in total deposits over September 30, 2014. The comparability of the financial condition and results of operations as of and for the three and nine month periods ended September 30, 2015 and 2014, in general, have been favorably impacted by the acquisition of Phoenix. MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Reports Second Quarter Earnings Increase of 20% and Declares Dividend
GlobeNewswire - Wed Jul 22, 2:20PM CDT
Mid Penn Bancorp, Inc. ("Mid Penn"
(NASDAQ:MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders for the quarter ended June 30, 2015 of $1,952,000, or $0.46 per common share, a 20.6% increase over the same period in 2014. Net income available to common shareholders for the six months ended June 30, 2015 was $2,828,000, or $0.71 per common share, a 7.1% decrease from the same period in 2014. Excluding merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc. ("Phoenix" , and the corresponding tax impact, net income available to common shareholders for the six months ended June 30, 2015 would have been $3,379,000, an increase of 11.0% over the unadjusted results for the six months ended June 30, 2014. Mid Penn also reported increases of $162,862,000 in total assets, $156,537,000 in total loans, and $121,920,000 in total deposits over June 30, 2014. The comparability of the financial condition and results of operations as of and for the three and six month periods ended June 30, 2015 and 2014, in general, have been impacted by the acquisition of Phoenix. The recorded amounts of assets purchased and liabilities assumed in the Phoenix acquisition may be adjusted for up to one year subsequent to the acquisition. Such adjustments, if any, are not expected to be significant. MPB: 16.06 (+0.21)
Mid Penn Bank to Open Simpson Ferry Road Branch June 29
GlobeNewswire - Fri Jun 19, 10:24AM CDT
Mid Penn Bank is announcing the opening of its Simpson Ferry Road branch on June 29, 2015, at 5288 Simpson Ferry Road in Lower Allen Township, Mechanicsburg.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Reports First Quarter Earnings
GlobeNewswire - Thu Apr 30, 2:55PM CDT
Mid Penn Bancorp, Inc. ("Mid Penn"
(Nasdaq:MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders for the quarter ended March 31, 2015 of $876,000, or $0.23 per common share. Net income available to common shareholders was impacted by $909,000 of merger and acquisition expenses incurred in conjunction with the acquisition of Phoenix Bancorp, Inc. ("Phoenix" on March 1, 2015. Excluding these charges, and the corresponding tax impact, net income available to common shareholders for the three months ended March 31, 2015 would have been $1,503,000, an increase of 5.5% over the three months ended March 31, 2014. Mid Penn also reported increases of $176,673,000 in total assets, $152,371,000 in total deposits, and $145,414,000 in total loans over the same period in 2014. The comparability of the financial condition and results of operations as of and for the three month periods ended March 31, 2015 and 2014, in general, have been impacted by the acquisition of Phoenix. The recorded amounts of assets purchased and liabilities assumed in the Phoenix acquisition may be adjusted for up to one year subsequent to the acquisition. Such adjustments, if any, are not expected to be significant. MPB: 16.06 (+0.21)
Mid Penn Bank Seeks Approval to Open Branch in Mechanicsburg
GlobeNewswire - Thu Mar 12, 6:56AM CDT
Mid Penn Bank is seeking regulatory approval to open a branch at 5288 Simpson Ferry Road in Mechanicsburg, adjacent to the Windsor Park Shopping Center in Lower Allen Township. The bank today submitted an application to the Pennsylvania Department of Banking and Securities and to the Federal Deposit Insurance Corporation.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Announces Completion of Merger
GlobeNewswire - Mon Mar 02, 7:11AM CST
Mid Penn Bancorp, Inc. ("Mid Penn"
(Nasdaq:MPB), the bank holding company of Mid Penn Bank, announced that it has successfully completed the merger of Phoenix Bancorp, Inc., of Minersville, Pennsylvania ("Phoenix" , with Mid Penn, effective March 1, 2015, under the terms of the Agreement and Plan of Merger. Concurrently with the merger of Mid Penn and Phoenix, Phoenix's subsidiary bank, Miners Bank, was merged into and became part of Mid Penn Bank and now operates as "Miners Bank, a Division of Mid Penn Bank." MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Receives Regulatory Approvals for Phoenix Bancorp, Inc. Merger
GlobeNewswire - Tue Feb 03, 1:03PM CST
Mid Penn Bancorp, Inc. ("Mid Penn"
(Nasdaq:MPB) and Phoenix Bancorp, Inc. ("Phoenix" (OTC XBP) announced today that they have received all required approvals from the Federal Deposit Insurance Corporation, the Board of Governors of Federal Reserve System and the Pennsylvania Department of Banking and Securities to complete their proposed merger. Shareholders from both Mid Penn and Phoenix approved the transaction December 23, 2014. Mid Penn intends to close the transaction on March 1, 2015. MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Reports 16% Improvement in Annual Earnings and Declares 17th Consecutive Quarterly Dividend
GlobeNewswire - Wed Jan 28, 3:31PM CST
Mid Penn Bancorp, Inc. ("Mid Penn"
(Nasdaq:MPB), the parent company of Mid Penn Bank, today reported net income available to common shareholders for the quarter ended December 31, 2014 of $801,000, or $0.23 per common share and for the year ended December 31, 2014 of $5,351,000, or $1.53 per common share. Net income available to common shareholders for both the fourth quarter and year of 2014 was impacted by $573,000 of merger and acquisition expenses incurred in conjunction with the pending acquisition of Phoenix Bancorp, Inc. Excluding these charges, and the corresponding tax impact, net income available to common shareholders for the three and twelve months ended December 31, 2014 would have been $1,202,000 and $5,760,000, an increase of 24.8% over the twelve months ended December 31, 2013. Mid Penn also reported increases of $42,532,000 in total assets, $29,792,000 in total deposits, and $25,071,000 in total loans over the same period in 2013. MPB: 16.06 (+0.21)
Mid Penn Bank to Open Elizabethtown Branch Feb. 2
GlobeNewswire - Tue Jan 27, 12:25PM CST
Mid Penn Bank is opening its newest branch on Feb. 2 at 2305 South Market Street in Elizabethtown.
MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. Announces Preliminary Results of Cash and Stock Elections by Shareholders of Phoenix Bancorp, Inc.
GlobeNewswire - Thu Jan 08, 1:25PM CST
Mid Penn Bancorp, Inc. (Nasdaq:MPB) ("Mid Penn"
today announced the preliminary results of elections made by shareholders of Phoenix Bancorp, Inc. ("Phoenix" regarding their preferences as to the form of merger consideration (either shares of Mid Penn common stock or cash) they will receive in connection with the pending acquisition of Phoenix by Mid Penn. The deadline for Phoenix shareholders to have made elections in connection with the transaction was 5:00 p.m., New York City time, on December 22, 2014. MPB: 16.06 (+0.21)
Mid Penn Bancorp, Inc. and Phoenix Bancorp, Inc. Shareholders Approve Merger
GlobeNewswire - Tue Dec 23, 9:38AM CST
Mid Penn Bancorp, Inc. ("Mid Penn"
(Nasdaq:MPB) and Phoenix Bancorp, Inc. ("Phoenix" (OTC XBP) announced that shareholders from both Mid Penn and Phoenix, at special meetings of their respective shareholders held today, approved Mid Penn's proposed acquisition of Phoenix. MPB: 16.06 (+0.21)
