Bank Premises and Equipment Held For Sale	9 Months Ended
Sep. 30, 2019
Property Plant And Equipment [Abstract]
Bank Premises and Equipment Held For Sale	(7)Bank Premises and Equipment Held For Sale As of September 30, 2019, bank premises and equipment held for sale totaled $1,274,000 and consisted of the land and facility for one full service retail banking property. These assets were classified as held for sale due to both (i) Mid Penn’s intent to sell the existing retail office building and land upon relocation of the full service branch staff and operations to a nearby leased facility, and (ii) satisfaction of all the criteria for held-for-sale presentation as stated in ASC 360, Property, Plant, and Equipment. An impairment charge of $105,000 to adjust the carrying value of the property to reflect the lower of cost or market value was recorded in the first quarter of 2019 and is reflected in the results for the nine month period ended September 30, 2019. The impairment charge is included in other expenses on the Consolidated Statements of Income. The Bank had executed an agreement to sell the property with settlement to occur prior to September 30, 2019. During the third quarter of 2019, the Bank extended the agreement to sell the property with settlement to occur prior to December 31, 2019.

Bank Premises and Equipment Held For Sale

9 Months Ended

Sep. 30, 2019

Property Plant And Equipment [Abstract]

Bank Premises and Equipment Held For Sale

(7)Bank Premises and Equipment Held For Sale

As of September 30, 2019, bank premises and equipment held for sale totaled $1,274,000 and consisted of the land and facility for one full service retail banking property. These assets were classified as held for sale due to both (i) Mid Penn’s intent to sell the existing retail office building and land upon relocation of the full service branch staff and operations to a nearby leased facility, and (ii) satisfaction of all the criteria for held-for-sale presentation as stated in ASC 360, Property, Plant, and Equipment. An impairment charge of $105,000 to adjust the carrying value of the property to reflect the lower of cost or market value was recorded in the first quarter of 2019 and is reflected in the results for the nine month period ended September 30, 2019. The impairment charge is included in other expenses on the Consolidated Statements of Income. The Bank had executed an agreement to sell the property with settlement to occur prior to September 30, 2019. During the third quarter of 2019, the Bank extended the agreement to sell the property with settlement to occur prior to December 31, 2019.