Mid Penn Bancorp MPB Business Segments — Provision for Credit Losses
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Where this comes from
Reported directly by Mid Penn Bancorp in its filing.
Tagged under the XBRL concept mpb:FinancingReceivableCreditLossExpenseReversalAdjusted.
The official record: Mid Penn Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Mid Penn Bancorp's business segments — provision for credit losses?
- Mid Penn Bancorp (MPB) reported business segments — provision for credit losses of $1.59M in Q1 2026.
- How has Mid Penn Bancorp's business segments — provision for credit losses changed year-over-year?
- Mid Penn Bancorp's business segments — provision for credit losses increased by 429.6% year-over-year, from $301K to $1.59M.
- What is the long-term trend for Mid Penn Bancorp's business segments — provision for credit losses?
- Over 2 years (2022 to 2024), Mid Penn Bancorp's business segments — provision for credit losses has grown at a -40.6% compound annual growth rate (CAGR), from $4.3M to $1.52M.
- What does business segments — provision for credit losses mean?
- This is an expense charged to the income statement to maintain the allowance for loan and lease losses at a level considered adequate to cover estimated credit losses. It reflects management's assessment of the credit quality of the loan portfolio and the potential for future defaults. A lower provision may indicate improving credit quality or a more favorable economic outlook for the bank's lending segments.