Mid Penn Bancorp Operating Performance
First Quarter 2011
First Quarter 2011
3/31/11 | 3/31/10 | $ Difference | % | |
Net Income | $ 872 | $ 607 | $265 | 44% |
INCOME SOURCES | ||||
Net Interest Income | $ 4,983 | $ 4,501 | $482 | 11% |
Noninterest Income | $ 758 | $ 816 | $(58) | (7%) |
TOTAL INCOME SOURCES | $ 5,741 | $5,317 | $424 | 8% |
EXPENSE ITEMS | ||||
Provision for Losses | $ 200 | $ 160 | $40 | 25% |
FDIC Premium | $ 314 | $ 201 | $113 | 56% |
Noninterest Expenses (Net of FDIC Premium) | $ 3,986 | $4,068 | $(82) | (2%) |
TOTAL EXPENSE ITEMS | $ 4,500 | $4,429 | $71 | 2% |
(In 000’s)
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Regulatory Limits “Well Capitalized” | MPB 3/31/09 | MPB 12/31/09 | MPB 12/31/10 | MPB 3/31/11 | |
TRBC | 10.0% | 11.9% | 10.4% | 11.5% | 11.4% |
Tier 1 Capital | 6.0% | 9.3% | 9.2% | 10.2% | 10.1% |
Leverage | 5.0% | 7.2% | 7.4% | 7.4% | 7.2% |
DISCUSSION OF CAPITAL
Regulatory Limits “Well Capitalized” | If No CPP 3/31/09 | If No CPP 12/31/09 | If No CPP 12/31/10 | If No CPP 3/31/11 | |
TRBC | 10.0% | 9.7% | 8.4% | 9.3% | 9.3% |
Tier 1 Capital | 6.0% | 8.5% | 7.1% | 8.0% | 8.0% |
Leverage | 5.0% | 6.8% | 5.8% | 5.8% | 5.7% |
MID PENN BANCORP, INC. COMMON STOCK ANALYSIS
Quarter Ended | Earnings Per Share | Market Value | Four QTR Trailing EPS | Price/ Earnings Ratio | Tangible Book Value | Price/ Tangible Book Value |
03/31/11 | $0.25 | $ 8.89 | $0.72 | 12 | $10.85 | 82% |
12/31/10 | $0.17 | $ 7.50 | $0.64 | 12 | $10.58 | 71% |
12/31/09 | ($1.06) | $10.29 | ($0.81) | N/A | $10.13 | 102% |
12/31/08 | $0.07 | $20.97 | $1.03 | 20 | $11.46 | 183% |
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