MID PENN BANCORP Business Summary

Mid Penn Bancorp Inc (MPB) operates as the bank holding company for Mid Penn Bank, generating revenue primarily through net interest income from a diversified portfolio of commercial and consumer loans, as well as non-interest income from wealth management, trust services, and mortgage banking. The company's business is organized into three primary segments: Commercial and Retail Banking, Trust and Wealth Management (via MPB Financial Services), and Private Banking. Following the strategic acquisition of Cumberland Advisors in January 2026 and the shareholder-approved merger with 1st Colonial Bancorp in February 2026, the institution has expanded its pro forma assets to approximately $7.5 billion. MPB competes directly with regional peers such as Banner Corp (BANR), First Busey Corp (BUSE), and CNB Financial (CCNE), positioning itself as a high-growth consolidator in the Pennsylvania and Southern New Jersey markets with a focus on disciplined credit quality and community-centric service. Leadership is spearheaded by Chairman, President, and CEO Rory G. Ritrievi, who has directed the company’s aggressive expansion strategy since 2009. The executive team was recently bolstered by the appointment of Dana Stewart as First EVP and Chief Operating Officer in January 2026, bringing over 35 years of experience from First National Bank and BNY Mellon to oversee loan and deposit operations. Other key figures include Senior EVP and CFO Justin Webb and Chief Revenue Officer Scott Micklewright, both of whom have been instrumental in the bank's recent M&A activity. The board of directors, led by Independent Director John Noone, maintains a seasoned profile with an average tenure of over 10 years, reflecting a stable governance structure that has supported 61 consecutive quarterly dividends as of early 2026.