Bailout Bank Bio: Mid Penn Bancorp

Jan 14, 2009 | 1 min read | Print Article

Mid Penn Bancorp, Inc. is a bank holding company for Mid Penn Bank. It operates 15 offices located in Dauphin, Northumberland, Schuylkill, and Cumberland Counties in Pennsylvania. The company is headquartered in Millersburg, Pennsylvania. Under the Treasury Department’s Capital Purchase Program, Mid Penn Bancorp will receive up to $10 million in exchange for senior preferred stock and warrants to purchase common stock.

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Bailout Bank Bio: Mid Penn Bancorp


Federal Equity Investment	$10 million
Total Revenue	$34.9 million (2007)
Net Income	$4.67 million (2007)
Number of Employees	134
Corporate Headquarters	Millersburg, Pennsylvania
Business Sector	Financial Services
Officers and Directors	Schlegel, Edwin, Chairman of the Board, Interim President and CEO; Chairman, President and CEO of the Bank Grubic, Robert, Vice Chairman of the Board Laudenslager, Kevin, Treasurer Wetzel, Cindy, Secretary Coxon, Jere, Director Kerwin, Gregory, Director Sauve, Donald, Director Durica, A. James, Director Mowery, Theodore, Director Specht, William, Director DeSoto, Matthew, Director
Corporate Website	https://www.midpennbank.com/
Executive Compensation	MId Penn Bancorp