Mid Penn Bancorp(MPB) - 2024 Q2 - Quarterly Results
Mid Penn Bancorp(MPB)2024-07-24 20:25
Exhibit 99.1 MID PENN BANCORP, INC. REPORTS SECOND QUARTER EARNINGS BEAT AND DECLARES 55TH CONSECUTIVE QUARTERLY DIVIDEND Key Highlights of the Second Quarter of 2024: • Loan growth for the second quarter of 2024 was $47.1 million, or 4.4% (annualized), as the Bank continued to execute on its restrained growth strategy in 2024. Total loans increased $330.1 million, or 8.18%, compared to the second quarter of 2023. • Net interest margin increased to 3.12% for the quarter ended June 30, 2024, compared to 2.97 ...