Exhibit 99.1



DATE:             January 23, 2008

CONTACT:          Alan W. Dakey
                  President & CEO
                  Mid Penn Bancorp, Inc.
                  349 Union Street
                  Millersburg, PA   17061
                  (717) 692-2133

                             MID PENN BANCORP, INC.
                   DECLARES DIVIDEND AND REPORTS 2007 EARNINGS

         (Millersburg, PA) - The Board of Directors of Mid Penn Bancorp, Inc.
(AMEX - MBP), parent company of Mid Penn Bank, declared a quarterly cash
dividend of 20 cents per share, payable Monday, February 25, 2008, to
shareholders of record Wednesday, February 6, 2008.

         Mid Penn Bancorp, Inc. reported net income for the year 2007 of
$4,491,000, compared to net income of $4,888,000 for the year 2006. Net income
on a per share basis decreased by 7.9% to $1.28 for 2007, compared to $1.39 for
2006. The return on average equity was 11.4% for the year 2007 and 12.9% for
2006. The decrease in income was primarily attributable to an increase in the
provision for possible loan and lease losses of $190,000 during the year. The
fourth quarter provision alone was $550,000 in 2007 based on a detailed analysis
of non-performing assets. This increased provision represents the downgrading of
a few large commercial loan relationships during the fourth quarter, as well as
deteriorating economic conditions. Mid Penn Bank has not originated sub-prime
loans, and therefore has not experienced losses attributable to this type of
lending or investment. Other major factors affecting earnings during the year
were the investment in two new offices in Middletown and Steelton in December
2006, the relocation of our Elizabethville Office in the spring of 2007, and the
opening of a new office on Market Street in Camp Hill, Pennsylvania, in the fall
of 2007, along with the associated initial facilities, staffing, and promotional
expenses.

         Earnings for the fourth quarter of 2007 totaled $1,018,000 compared to
$1,374,000 earned in the fourth quarter of 2006. Earnings per share were $.29
per share compared to $.41 per share for the fourth quarter of 2006. The decline
was primarily attributable to the increased loan loss provision.

         Total assets at December 31, 2007, were approximately $509 million, an
increase of 3.7% from the prior year. Total loans of $377 million as of December
31, 2007, increased by $18 million, or 5.0%, from the prior year. Total deposits
as of December 31, 2007, of $373 million remained fairly flat during the year.

         Mid Penn Bancorp, through its subsidiary, Mid Penn Bank, operates 15
offices in Dauphin, Northumberland, Schuylkill, and Cumberland Counties. For
more information, visit www.midpennbank.com and view the Investor Relations page
where comprehensive information is available concerning the corporation.