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Mid Penn Bancorp, Inc. Reports First Quarter Earnings and Declares Dividend

Benzinga

NASDAQ: MPB ) ("Mid Penn"), the parent company of Mid Penn Bank (the "Bank") and MPB Financial Services, LLC, today reported net income available to common shareholders ("earnings") for the quarter ended March 31, 2023 of $11.2 HARRISBURG, Pa., April 28, 2023 (GLOBE NEWSWIRE) -- Mid Penn Bancorp, Inc.

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Davis Polk Discusses Special FDIC Assessment to Recover SVB and Signature Bank Losses

Reynolds Holding

The systemic risk exception was invoked by the Secretary of the Treasury on March 12, 2023, to protect all uninsured depositors of Silicon Valley Bank and Signature Bank. This change will also result in an acquiring bank benefiting from an acquired bank’s $5 billion deduction. 1823(c)(4)(G)(ii)(I).

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