Mid Penn Bancorp Acquires 1st Colonial Bancorp
September 24, 2025
Mid Penn Bancorp, Inc. has received all required regulatory approvals to complete its previously announced acquisition of 1st Colonial Bancorp, Inc. in a cash-and-stock transaction valued at approximately $101 million. The merger is expected to close in the first quarter of 2026, after shareholder approval and satisfaction of customary closing conditions.
- Buyers
- Mid Penn Bancorp, Inc.
- Targets
- 1st Colonial Bancorp, Inc.
- Industry
- Financial Services
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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