Mid Penn Bancorp, Inc. Completes Acquisition of 1st Colonial Bancorp, Inc.
Businesswire·2026-03-02 21:45

Core Viewpoint - Mid Penn Bancorp, Inc. has successfully completed its acquisition of 1st Colonial Bancorp, Inc., marking a significant expansion in its operations [1] Group 1: Acquisition Details - The acquisition was finalized after the close of business on February 27, 2026 [1] - The transaction was valued at approximately $106.1 million, consisting of both cash and stock components [1] - Following the merger, 1st Colonial's banking subsidiary, 1st Colonial Community Bank, has been merged into Mid Penn's subsidiary bank, Mid Penn Bank [1]

The Bancorp-Mid Penn Bancorp, Inc. Completes Acquisition of 1st Colonial Bancorp, Inc. - Reportify