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Overview / Commentary
866-642-7736
349 Union Street
Millersburg, PA 17061

Mid Penn Bank is headquartered in Millersburg and is the 50th largest bank in the state of Pennsylvania. It is also the 947th largest bank in the nation. It was established in 1868 and as of December of 2013, it had grown to 185 employees at 14 locations. Mid Penn Bank's money market rates are 48% higher than the national average, and it has a C+ health rating.

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Health

Data for Q4 2013

Institution Health

C+

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Mid Penn Bank had $11.53 million in non-current loans and owned real-estate with $59.14 million in equity and loan loss allowances on hand to cover it. This gives Mid Penn Bank a Texas Ratio of 19.50% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Mid Penn Bank experienced no significant changes from 21.44% as of December 31, 2012 to 19.50% as of December 31, 2013, resulting in a positive change of 9.04%.This indicates that the balance sheet and financial strength for Mid Penn Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Mid Penn Bank has decreased its total deposits by -$16.98 million, resulting in -2.71% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Mid Penn Bank has shown is below average.

Capitalization

GRADE:
C

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Mid Penn Bank has $713.12 million in assets with $59.14 million in equity, resulting in a capitalization level of 8.29%, which is average.

Institution Statistics

Overall
FDIC Certificate #9889
Year Established1868
Employees185
Primary RegulatorFDIC
Assets and Liabilities
Assets$713.12 million
Loans$540.15 million
Deposits$608.59 million
Equity Capital$52.82 million
Loan Loss Allowance$6.32 million
Unbacked Noncurrent Loans$10.57 million
Real Estate Owned$965,000
Historic Data - December 2012
Assets$705.18 million
Equity Capital$52.16 million
Loan Loss Allowance$5.51 million
Unbacked Noncurrent Loans$10.57 million
Real Estate Owned$843,000
Profit Margin - Quarterly
Net Interest Margin3.6%
Return on Assets0.71%
Return on Equity9.7%
Interest Income$28.97 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Mid Penn Bank, we are a rate comparison website and can not provide official rates or promotions.

Mid Penn Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Automatic Deduction Club Account
0.05%--Simple Savings
0.05%--Coupon Book Club Account
0.05%--My Savings

Mid Penn Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.65%$250k-Flex Money Market
0.65%$250k-Business Money Market

Mid Penn Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$100k-Free Non-Profit Checking
0.10%$100k-Free Goverment Checking
0.10%--IOLTA Accounts
0.10%$10k-Simply Free Checking
0.07%$10k-Business Interest Checking

Mid Penn Bank CD Rates

DetailsAPYMINMAXPRODUCT
0.85%$500-5 Year CD
0.85%$500-10 Year CD
0.85%$500-7 Year CD
0.85%$500-6 Year CD
0.85%$500-8 Year CD
0.85%$500-9 Year CD
0.75%$500-4 Year CD
0.55%$500-3 Year CD
0.45%$500-2 1/2 Year CD
0.40%$500-2 Year CD
0.35%$500-1 1/2 Year CD
0.30%$500-1 Year CD
0.25%$500-6 Month CD
0.20%$500-3 Month CD

Mid Penn Bank IRA Rates

DetailsAPYMINMAXPRODUCT
0.85%$500-5 Year IRA (Traditional,Roth,SEP)
0.85%$500-10 Year IRA (Traditional,Roth,SEP)
0.85%$500-6 year IRA (Traditional,Roth,SEP)
0.85%$500-7 Year IRA (Traditional,Roth,SEP)
0.85%$500-8 Year IRA (Traditional,Roth,SEP)
0.85%$500-9 Year IRA (Traditional,Roth,SEP)
0.60%$500-4 Year IRA (Traditional,Roth,SEP)
0.40%$500-3 Year IRA (Traditional,Roth,SEP)
0.25%$100-2 Year IRA (Fixed Add-On) (Traditional,Roth,SEP)
0.15%$500-1 Year IRA (Traditional,Roth,SEP)
0.02%$25-2 Year IRA (Variable) (Traditional,Roth,SEP)
Locations

Mid Penn Bank has 14 locations. Click to view all Mid Penn Bank locations.