Question 1

What is Mid Penn Bancorp's recognition of operating lease right-of-use assets?

Accepted Answer

Mid Penn Bancorp (MPB) reported recognition of operating lease right-of-use assets of $81K in Q1 2026.

Question 2

How has Mid Penn Bancorp's recognition of operating lease right-of-use assets changed year-over-year?

Accepted Answer

Mid Penn Bancorp's recognition of operating lease right-of-use assets decreased by 96.5% year-over-year, from $2.32M to $81K.

Question 3

What does recognition of operating lease right-of-use assets mean?

Accepted Answer

This represents the non-cash recognition of right-of-use assets on the balance sheet in accordance with lease accounting standards. It reflects the capitalization of future lease obligations for office space or equipment. This metric is essential for understanding the bank's total asset base and the scale of its long-term operational commitments.

Financing Activities:
Cash paid for interest	$	$27,424	$	$29,819
Cash paid for income taxes	—		185
Supplemental Noncash Disclosures:
Recognition of operating lease right-of-use assets	$	$81	$	$2,322
Recognition of operating lease liabilities	81		2,322
Loans transferred to foreclosed assets held-for-sale	1,273		1,402
Common Stock issued to Cumberland Advisors and 1st Colonial Shareholders	2,238		—
Fair value of assets acquired in business combination, excluding cash (1)	$	$756,794	$	—

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Mid Penn Bancorp MPB Recognition of operating lease right-of-use assets