Mid Penn Bancorp Inc. reported earnings results for the third quarter and nine months ended September 30, 2009. Net income available to common stockholders was $206,000 for the third quarter of 2009, a decrease of $916,000, or 81.6%, from $1,122,000 for the third quarter of 2008. Fully diluted earnings per common share for the third quarter were $0.06, an 81.3% decrease from the $0.32 recorded for the same period a year ago. Net interest income for the third quarter of 2009 totaled $4,670,000, an increase of $378,000, or 8.8% from the $4,292,000 recorded a year ago. Return on equity was 2.64% against 11.10% for the same period a year ago. Year-to-date, net income available to common stockholders totaled $875,000 for 2009, a decrease of $2,480,000, or 73.9%, from $3,355,000 in 2008. Fully diluted earnings per common share during the first nine months of 2009 were $0.25, a decrease of 74.0% from the $0.96 recorded during the same period in 2008. Net interest income for the first nine months of 2009 also increased from $12,639,000 in 2008 to $13,357,000, an increase of 5.7%. The improvement in net interest income was spurred by growth in average earning assets of 8.9% during the first nine months of 2009 coupled with a reduction in the average cost of funds from 3.41% during the first nine months of 2008 to 2.88% during the first nine months of 2009. Return on equity was 3.23% against 11.09% for the same period a year ago.

On October 1, 2009, Mid Penn Bancorp Inc. was notified that the audit practice of Beard Miller Company LLP, an independent registered public accounting firm, was combined with ParenteBeard LLC in a transaction pursuant to which Beard combined its operations with ParenteBeard and certain of the professional staff and partners of Beard joined ParenteBeard either as employees or partners of ParenteBeard. On October 1, 2009, Beard resigned as the auditors of the company and with the approval of the audit committee of the company's board of directors, ParenteBeard was engaged as its independent registered public accounting firm.

Mid Penn Bancorp Inc. reported earnings results for the second quarter and six months end June 30, 2009. Net income available to common stockholders was $584,000 for the second quarter of 2009, a decrease of $476,000, or 44.9%, from $1,060,000 for the second quarter of 2008. Fully diluted earnings per common share for the second quarter were $0.17, a 43.3% decrease from the $0.30 recorded for the same period a year ago. Net interest income for the second quarter of 2009 totaled $4,731,000, an increase of $584,000, or 14.1% from the $4,147,000 recorded a year ago. Total revenues were $8,854,000 against $8,692,000 for the same period earlier. Return on Equity was 3.75% against 10.56% for the same period earlier. Through the first six months of 2009, net income available to common stockholders totaled $669,000 for 2009, a decrease of $1,564,000, or 70.0%, from $2,233,000 in 2008. Fully diluted earnings per common share during the first six months of 2009 were $0.19, a decrease of 70.3% from the $0.64 recorded during the same period in 2008. Net interest income for the first half of 2009 also increased from $8,348,000 in 2008 to $8,687,000, an increase of 4.1%. Total revenues were $17,360,000 against $17,665,000 for the same period earlier. Return on Equity was 2.65% against 11.12% for the same period earlier.