1st Colonial Bancorp, Inc. Receives Shareholder Approval for Merger With Mid Penn Bancorp, Inc.

HARRISBURG, Pa. – February 11, 2026 – In a significant development for the regional financial sector, 1st Colonial Bancorp, Inc. today announced that its shareholders have overwhelmingly approved the proposed merger with Mid Penn Bancorp, Inc.

This pivotal shareholder approval marks a critical step forward in uniting two respected community banking institutions. The merger, which aims to create a more robust and expanded banking presence, is now poised to move ahead, pending final regulatory clearances.

The affirmative vote reflects strong confidence from 1st Colonial’s investors in the strategic rationale behind this combination. Both organizations have expressed enthusiasm about the potential synergies, including an expanded range of financial products, increased lending capabilities, and a strengthened market footprint across their service areas.

“We are incredibly pleased with the resounding support from our shareholders for this transformative merger,” stated [Fictional CEO Name], CEO of 1st Colonial Bancorp, Inc. “This approval brings us closer to realizing our vision of creating a more competitive and customer-centric financial institution. We are excited about the prospects of combining our strengths with Mid Penn Bancorp to deliver exceptional value and service to our communities, customers, and employees.”

[Fictional CEO Name], CEO of Mid Penn Bancorp, Inc., added, “The collaboration between our two organizations is set to unlock substantial growth opportunities. We believe this merger will establish a formidable entity, well-positioned for future success and dedicated to fostering local economic prosperity. We warmly anticipate welcoming 1st Colonial’s customers and talented team members into the Mid Penn family.”

While the transaction remains subject to customary closing conditions, including final regulatory approvals, securing shareholder consent clears a major hurdle. Both banks are committed to ensuring a smooth and seamless transition for all customers and stakeholders, with further details regarding the integration process expected in the coming months.

This strategic merger is anticipated to solidify the combined entity’s standing as a premier community bank in the region, focused on providing personalized financial solutions and contributing significantly to local development.

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