William Penn Bancorporation, Inc. — Cyborg Score 4/10

Mixed
Regional Community Banking

Strategic Profile

The company was acquired by Mid Penn Bancorp, Inc., with the acquisition completed after the close of business on April 30, 2025. William Penn Bancorporation was founded in 1870 and operated as an independent community bank focused on its regional footprint before this consolidation.

Cyborg Score Rationale

William Penn was an established community bank with strong local roots and a 155-year operating history. However, the company's acquisition by Mid Penn (April 2025) and relatively modest asset base of approximately $812 million created limited scale in an increasingly competitive regional banking environment.

Top Insights

  • (April 2025) Acquired by Mid Penn Bancorp in all-stock transaction valued at approximately $120 million
  • Operated 12 full-service branches across Pennsylvania and New Jersey serving the Delaware Valley area
  • Total assets of approximately $812 million as of September 30, 2024
  • Focused on retail and commercial banking with emphasis on small- to medium-sized business lending and residential real estate

Named Competitors

  • Mid Penn Bank — Regional community bank with 47 locations across Pennsylvania and New Jersey
  • TD Bank — Large regional bank serving Delaware Valley market
  • Wells Fargo — National bank competing in regional markets

Recent Developments

  • (April 2025) Acquisition by Mid Penn Bancorp completed, with William Penn merging into Mid Penn's subsidiary bank
  • (October 2024) Merger agreement announced with Mid Penn Bancorp valued at approximately $127 million
  • (September 2024) Total assets reached approximately $812 million

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