Mid Penn Bancorp, Inc. (“Mid Penn”) (AMEX:MBP) today reported second quarter earnings of $1,060,000, including per share earnings of $0.30. Earnings for the second quarter of 2007 were $1,179,000 and $0.34 per share. Net income and earnings per share for the first six months of 2008 were $2,233,000 and $0.64 compared to $2,263,000 and $0.65 in the first half of 2007. The modest decrease in earnings resulted from a declining net interest margin, driven by the spreading weakness in the general economy. Mid Penn has also been selectively adding talented employees and enhancing its technological infrastructure to better cope with the changing financial landscape and to continue to offer its customers the tools to meet these challenges.

Banks continue to receive bad publicity in the media while the reality is that most community banks did not participate in sub-prime lending. Mid Penn did not originate sub-prime loans and has not experienced the challenges that have accompanied this form of lending.

Total assets at the end of the second quarter of 2008 were approximately $541 million, versus $492 million the prior year, an increase of 9.9%. Total loans of $401 million increased by $37 million or 10.1% at June 30, 2008, compared to the prior year, while total deposits as of the same date increased $30 million or 7.8% over the prior year. Average earning assets have also shown strong growth, increasing 9.1% to $505 million from June 30, 2007. During the second quarter of 2008, Mid Penn recorded a net loan recovery of $1,000 as compared to $157,000 of net chargeoffs during the same period in 2007. Net chargeoffs for the first six months of 2008 were $22,000 compared to $127,000 in the first half of 2007.

“We remain encouraged by the results achieved by Mid Penn, even in the face of the economic uncertainties we are facing,” commented Alan W. Dakey, President and Chief Executive Officer. “Our growth remains strong, and we remain vigilant in examining the quality of our loan portfolio during these challenging times, even though we had not engaged in any of the sub-prime lending that has plagued many larger financial institutions. This strong growth coupled with the investments we are making in people and technology will position us for a successful 140^th anniversary celebration and into the future.”

Celebrating its 140^th year of serving the community, Mid Penn Bank has been an independently owned community bank since 1868, and is committed to remaining a progressive, independent community bank offering a full line of business, personal and trust services.

Mid Penn Bancorp, Inc., through its subsidiary, Mid Penn Bank, operates 15 offices in Dauphin, Northumberland, Schuylkill, and Cumberland Counties. For more information, visit Mid Penn’s website at www.midpennbank.com and view the Investor Relations page where comprehensive investor information is available concerning Mid Penn Bancorp, Inc.

This press release contains “forward looking” information as defined by the Private Securities Litigation Reform Act of 1995, which is based on Mid Penn’s current expectations, estimates and projections about future events and financial trends affecting the financial condition of its business. These statements are not historical facts or guarantees of future performance, events, or results. Such statements involve potential risks and uncertainties and, accordingly, actual performance results may differ materially. Mid Penn undertakes no obligation to publicly update or revise forward looking information, whether as a result of new, updated information, future events, or otherwise.

Mid Penn Bancorp, Inc., Millersburg
Alan W. Dakey
President & CEO
717-692-2133