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Agreement signedPublished 2 Mar 2026

Mid Penn Bancorp, Inc. /
1st Colonial Bancorp, Inc.

Mid Penn Bancorp, Inc. completes its purchase of 1st Colonial Bancorp, Inc.

Buy side: Mid Penn Bancorp, Inc.
Buy sideMid Penn Bancorp, Inc.
Target: 1st Colonial Bancorp, Inc.
Target1st Colonial Bancorp, Inc.
Mid Penn Bancorp, Inc. · 2 Mar 2026Source
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Buy side: Mid Penn Bancorp, Inc.
Buy sideMid Penn Bancorp, Inc.
Target: 1st Colonial Bancorp, Inc.
Target1st Colonial Bancorp, Inc.
01 / BuyerMid Penn Bancorp, Inc.
02 / Target1st Colonial Bancorp, Inc.
Source for the buyer and target: Mid Penn Bancorp, Inc.

For the buyer and target.

“This Current Report on Form 8-K is being filed in connection with the transactions contemplated by that certain Agreement and Plan of Merger, dated as of September 24, 2025 (the “ Merger Agreement ”), by and between Mid Penn Bancorp, Inc., a Pennsylvania corporation (“ Mid Penn ”), and 1st Colonial Bancorp, Inc., a Pennsylvania corporation (“ 1st Colonial ”).”

Published 2 Mar 2026

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01

What happened

Mid Penn Bancorp, Inc. finished its acquisition of 1st Colonial Bancorp, Inc. after the close of business on Feb. 27, 2026. The deal was paid in cash and stock and was valued at approximately $106.1 million. [01]

1st Colonial merged into Mid Penn, which survived. Its banking subsidiary, 1st Colonial Community Bank, was then folded into Mid Penn Bank. Mid Penn issued about 2,111,076 shares and paid about $37.5 million in cash to 1st Colonial shareholders. The combined company has total assets of about $7 billion, and Mid Penn's reach now extends further into the greater Philadelphia area and southern New Jersey. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Mid Penn Bancorp, Inc.

Mid Penn Bancorp, Inc. completes its purchase of 1st Colonial Bancorp, Inc.

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Also stated

    “Mid Penn Bancorp, Inc. completes its purchase of 1st Colonial Bancorp, Inc. Mid Penn Bancorp, Inc. finished its acquisition of 1st Colonial Bancorp, Inc. after the close of business on Feb. 27, 2026”

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  2. Published by Mid Penn Bancorp, Inc.

    The source this page is built from.

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