Mid Penn Bancorp, Inc. (MPB)

Mid Penn Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	268.82	265.52	218.06	150.26	118.78	103.51
Interest Income on Investments	21.31	21.06	18.28	15.34	4.55	4.43
Total Interest Income	290.14	286.58	236.34	165.6	123.32	107.94
Interest Paid on Deposits	118.25	116.32	79.3	14.14	11.33	16.4
Interest Paid on Borrowings	9.16	13.59	10.07	3.62	3.43	3.33
Total Interest Expense	127.41	129.91	89.37	17.77	14.75	19.73
Net Interest Income	162.72	156.67	146.97	147.83	108.57	88.21
Net Interest Income Growth (YoY)	10.41%	6.60%	-0.58%	36.17%	23.08%	25.75%
Trust Income	4.69	4.68	5.06	5.07	2.49	1.69
Mortgage Banking Activities	2.64	2.48	1.35	1.61	10.31	9.68
Gain (Loss) on Sale of Investments	-	-	-	-	0.08	0.47
Other Non-Interest Income	12.04	12.81	10.76	14.64	6.69	4.99
Total Non-Interest Income	21.9	22.49	19.69	23.66	21.53	17.91
Non-Interest Income Growth (YoY)	3.29%	14.26%	-16.79%	9.86%	20.24%	41.89%
Revenues Before Loan Losses	184.62	179.16	166.66	171.49	130.1	106.12
Provision for Loan Losses	2.75	1.52	3.7	4.3	2.95	4.2
Revenue	181.87	177.65	162.96	167.19	127.16	101.92
Revenue Growth (YoY)	8.94%	9.01%	-2.53%	31.48%	24.77%	25.24%
Salaries and Employee Benefits	63.9	63.05	58.24	51.46	41.02	37.34
Occupancy Expenses	5.54	5.25	5.27	4.84	3.5	3.4
Federal Deposit Insurance	4.22	4.17	3.5	1.59	1.89	1.68
Amortization of Goodwill & Intangibles	1.78	1.78	1.78	2.01	1.18	1.4
Selling, General & Administrative	22.06	21.9	19.18	17.98	14.14	12.38
Other Non-Interest Expense	21.33	20.83	22.27	21.47	16.47	12.7
Total Non-Interest Expense	118.88	117.07	110.09	99.22	78.16	70.58
EBT Excluding Unusual Items	62.99	60.58	52.87	67.97	49	31.34
Other Unusual Items	-	-	0.32	-	-	-
Pretax Income	62.13	60.03	44.69	67.35	36.05	31.34
Income Tax Expense	11.08	10.6	7.3	12.54	6.73	5.13
Net Income	51.05	49.44	37.4	54.81	29.32	26.21
Net Income to Common	51.05	49.44	37.4	54.81	29.32	26.21
Net Income Growth	33.27%	32.20%	-31.77%	86.93%	11.87%	48.07%
Basic Shares Outstanding	18	17	16	16	11	8
Diluted Shares Outstanding	18	17	16	16	11	8
Shares Change (YoY)	7.46%	4.40%	2.61%	47.28%	28.15%	-0.58%
EPS (Basic)	2.88	2.90	2.29	3.44	2.71	3.11
EPS (Diluted)	2.88	2.90	2.29	3.44	2.71	3.10
EPS Growth	23.94%	26.64%	-33.43%	26.94%	-12.58%	48.33%
Dividend Per Share	0.800	0.800	0.800	0.800	0.800	0.730
Dividend Growth	-	-	-	-	9.59%	1.39%
Effective Tax Rate	17.84%	17.65%	16.33%	18.62%	18.67%	16.37%

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q