Mid Penn Bancorp reported a record year with net income to common shareholders of $26.209 million, or $3.11 per common share basic and $3.10 per share diluted, for the year ended December 31, 2020. Fourth quarter earnings were $9.011 million, or $1.07 per common share basic and $1.06 per share diluted.
Q4 2020 earnings more than doubled compared to Q4 2019.
Board of Directors declared a quarterly dividend of $0.19 per common share.
Tangible book value per common share increased by $2.43 or 12 percent for the year.
Total assets increased by $767.773 million or 34 percent compared to the previous year.
This press release does not contain forward guidance. Therefore, the following sections are empty.
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