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Subsequent Event | 9 Months Ended
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Sep. 30, 2018
Subsequent Events [Abstract] |
Subsequent Event |
(16) | Subsequent Event
On November 5, 2018, the Federal Reserve Bank affirmed Mid Penn’s request to redeem all 3,404 shares of Mid Penn Fixed Rate Cumulative Perpetual Preferred Stock, Series D. Mid Penn intends to redeem the preferred stock during the fourth quarter of 2018. Please reference Note 11 – Preferred Stock, for more information.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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