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Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Assets Measured at Fair Value on a Recurring Basis
The following tables illustrate the assets measured at fair value on a recurring basis and reported on the Consolidated Balance Sheets.
June 30, 2024
(In thousands)Level 1Level 2Level 3Total
Available-for-sale securities:
U.S. Treasury and U.S. government agencies$— $30,619 $— $30,619 
Mortgage-backed U.S. government agencies— 142,037 — 142,037 
State and political subdivision obligations— 3,591 — 3,591 
Corporate debt securities— 31,689 — 31,689 
Equity securities427 — — 427 
Loans held for sale— 8,420 — 8,420 
Other assets:
Derivative assets— 14,815 — 14,815 
Total$427 $231,171 $— $231,598 
December 31, 2023
(In thousands)Level 1Level 2Level 3Total
Available-for-sale securities:
U.S. Treasury and U.S. government agencies$— $35,649 $— $35,649 
Mortgage-backed U.S. government agencies— 152,683 — 152,683 
State and political subdivision obligations— 3,646 — 3,646 
Corporate debt securities— 31,577 — 31,577 
Equity securities438 — — 438 
Loans held for sale— 3,855 — 3,855 
Other assets:
Derivative assets— 11,944 — 11,944 
Total$438 $239,354 $— $239,792 
Schedule of Fair Value Measurements, Nonrecurring The following table illustrates Level 3 financial instruments measured at fair value on a nonrecurring basis:
(In thousands)June 30, 2024December 31, 2023
Individually evaluated loans, net of ACL$8,962 $13,399 
Foreclosed assets held for sale441 293 
Schedule of Fair Value, by Balance Sheet Grouping
The following tables summarize the carrying amount, fair value, and placement in the fair value hierarchy of Mid Penn's financial instruments as of the periods presented:
June 30, 2024
Carrying
Amount		Estimated Fair Value
(In thousands)Level 1Level 2Level 3Total
Financial instruments - assets
 Cash and cash equivalents $105,726 $105,726 $— $— $105,726 
 Available-for-sale investment securities207,936 — 207,936 — 207,936 
Held-to-maturity investment securities393,320 — 347,275 — 347,275 
 Equity securities427 427 — — 427 
 Loans held for sale8,420 — 8,420 — 8,420 
Net loans 4,329,273 — — 4,329,703 4,329,703 
  Restricted investment in bank stocks13,930 13,930 — — 13,930 
  Accrued interest receivable27,381 27,381 — — 27,381 
  Derivative assets 14,815 — 14,815 — 14,815 
Financial instruments - liabilities
Deposits$4,497,011 $— $4,493,809 $— $4,493,809 
Short-term borrowings200,000 — 200,000 — 200,000 
Long-term debt (1)
20,693 — 20,693 — 20,693 
Subordinated debt46,047 — 40,612 — 40,612 
 Accrued interest payable18,139 18,139 — — 18,139 
 Derivative liabilities11,543 — 11,543 — 11,543 
(1)Long-term debt excludes finance lease obligations.
December 31, 2023
Estimated Fair Value
(In thousands)Carrying
Amount		Level 1Level 2Level 3Total
Financial instruments - assets
Cash and cash equivalents$96,763 $96,763 $— $— $96,763 
Available-for-sale investment securities223,555 — 223,555 — 223,555 
 Held-to-maturity investment securities399,128 — 357,521 — 357,521 
   Equity securities438 438 — — 438 
 Loans held for sale3,855 — 3,855 — 3,855 
Net loans 4,218,605 — — 4,221,926 4,221,926 
 Restricted investment in bank stocks16,768 16,768 — — 16,768 
 Accrued interest receivable25,820 25,820 — — 25,820 
 Derivative assets11,944 — 11,944 — 11,944 
Financial instruments - liabilities
Deposits$4,346,212 $— $4,337,723 $— $4,337,723 
Short-term debt241,532 — 241,532 — 241,532 
Long-term debt (1)
55,806 — 55,081 — 55,081 
Subordinated debt46,354 — 39,515 — 39,515 
 Accrued interest payable14,257 14,257 — — 14,257 
 Derivative liabilities10,484 — 10,484 — 10,484 
(1)Long-term debt excludes finance lease obligations.