| Business Summary | | Mid
Penn
Bancorp,
Inc.
is
a
one-bank
holding
company
for
Mid
Penn
Bank.
The
Company's
primary
business
consists
of
attracting
deposits
from
its
network
of
community
banking
offices
operated
by
the
Bank.
The
Bank
engages
in
a
full-service
commercial
banking
and
trust
business,
making
available
to
the
community
a
wide
range
of
financial
services,
including,
but
not
limited
to,
personal
loans,
mortgage
and
home
equity
loans,
secured
and
unsecured
commercial
loans,
lines
of
credit,
construction
financing,
farm
loans,
community
development
and
local
government
loans
and
various
types
of
time
and
demand
deposits.
The
Bank
also
offers
cash
management,
mobile
banking,
telephone
banking,
and
Check
Card
and
ATM
service.
In
addition,
the
Bank's
trust
department
provides
a
full
range
of
trust
services,
including
estate
planning,
retirement
planning
and
investment
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Mid
Penn
Bancorp,
Inc.
is
a
bank
holding
company
for
Mid
Penn
Bank,
a
state
chartered
bank
with
10
offices
in
PA.
For
the
six
months
ended
6/30/01,
total
interest
income
rose
9%
to
$11.6
million.
Net
interest
income
after
loan
loss
provision
rose
5%
to
$5.3
million.
Net
income
rose
4%
to
$2
million.
Results
reflect
increased
earning
asset
balances
and
a
lower
provision
for
loan
losses,
partially
offset
by
increased
salaries
and
benefits
due
to
a
new
branch
office. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Eugene Shaffer, 65 Chairman | $16K | Alan Dakey, 49 Pres,
CEO, Director | 219K | Earl Etzweiler, 67 Vice
Chairman | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|