Central Penn Bank & Trust
Mifflinburg, Pennsylvania, Union County
$1.3B in total assets, the 880th largest of 4,309 US banks and 38th of 113 headquartered in Pennsylvania.
- FDIC certificate
- 10685
- Established
- 1872
- Owned by
- Steele Bcorp Inc
- Primary regulator
- FDIC
- Website
- www.centralpennbank.com
At a glance
Compared with 36 banks headquartered in Pennsylvania with $1 billion to $10 billion in assets, as of June 30, 2026.
| Measure | This bank | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $1.3B | 19% | $2.4B | |
| Loans | $925M | 22% | $1.7B | |
| Deposits | $1.1B | 22% | $2.0B | |
| Return on assets | 0.98% | 33% | 1.19% | |
| Net interest margin | 4.24% | 83% | 3.71% | |
| Efficiency ratio | 50.7% | 11% | 59.5% | |
| Equity to assets | 9.82% | 39% | 10.49% | |
| Loans to deposits | 82% | 19% | 90% |
Growth
Total assets grew 18.7% a year over the last 5 years and 12.3% a year over 10 years, including 1 acquisition in the last 10 years.
Acquisitions
| Closed | Acquired bank | Assets at acquisition |
|---|---|---|
| Aug 2025 | The Northumberland National Bank Northumberland, PA | $684M |
Where they operate
13 branches in 4 counties.
Largest markets by deposits
| County | Deposits | Market share | Rank |
|---|---|---|---|
| Union County, PA | $397M | 35.0% | 1 of 9 |
| Snyder County, PA | $385M | 32.3% | 1 of 6 |
| Northumberland County, PA | $286M | 16.9% | 1 of 13 |
| Centre County, PA | $53M | 1.2% | 13 of 16 |
Deposits by branch from the FDIC Summary of Deposits, June 2026. Rank among all banks with branches in that county.
Branch history since 2016
Net gain of 7 branches since 2016 (6 to 13, +116.7%). 2 opened, 7 acquired, 2 closed or sold.
| Period | What happened | Opened or acquired | Closed or sold | Net change | Branches at end |
|---|---|---|---|---|---|
| Start of 2016 | Starting point | 6 | |||
| 2018 | Opened Selinsgrove | 1 | 0 | +1 | 7 |
| 2021 | Opened Milton | 1 | 0 | +1 | 8 |
| 2023 | Closed Mifflinburg | 0 | 1 | −1 | 7 |
| 2025 | Acquired The Northumberland National Bank | 7 | 0 | +7 | 14 |
| 2026 through Q2 | Closed Shamokin Dam | 0 | 1 | −1 | 13 |
Balance sheet and earnings
Loans by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| 1-4 family residential | 41% | 35% | |
| Commercial real estate | 26% | 33% | |
| Business (C&I) | 12% | 10% | |
| Farmland | 10% | 3% | |
| Construction and land | 3% | 6% | |
| Multifamily | 2% | 8% | |
| Consumer | 1% | 3% | |
| Agricultural | 1% | 0% | |
| Other | 3% | 3% |
Deposits by type
| Type | Share | This bank | Peers |
|---|---|---|---|
| Other interest-bearing | 49% | 54% | |
| Time deposits | 31% | 26% | |
| Noninterest-bearing | 20% | 20% |
Brokered deposits are 1.0% of deposits (peers 2.7%).
Return on assets
Trailing four quarters, with the peer median.
Credit and capital
| This bank | Peer median | |
|---|---|---|
| Noncurrent loans | 0.80% | 0.56% |
| Net charge-offs, annualized | 0.01% | 0.04% |
| Reserves to loans | 1.07% | 0.98% |
| Leverage ratio | 9.01% | 9.95% |
Noncurrent loans exclude government-guaranteed portions.
Related banks
Similar size in Pennsylvania
Largest competitors in Union County, PA
Figures as of June 30, 2026 from the bank's Call Report, FDIC structure and branch data, and the Federal Reserve. Short link: bankingstats.com/central-penn