Mifflinburg Bank and Trust Company, Financial Information

About Mifflinburg Bank and Trust Company

 Address:
250 East Chestnut Street
Mifflinburg, PA
Union County, Pennsylvania
 Established:
Jan 1872
 Number of domestic offices:
8
Total assets$508M
Net income$5M
Net income, quarterly$1M
Total deposits$410M
Domestic deposits$410M
Equity capital$50M
ROA1.11%
ROAQ, quarterly0.91%
ROA, pretax0.91%
ROAQ, quarterly, pretax1.08%
ROE11.23%
ROEQ, quarterly9.29%
UpdatedMay 20, 2021

Terms and Definitions

  • Domestic deposits
    The sum of all domestic deposits, including demand deposits, money market deposits and time deposits.
  • Equity capital
    Total equity capital (includes preferred and common stock, surplus and undivided profits).
  • ROA
    Return on assets, net income after taxes and extraordinary items (annualized) as a percent of average total assets.
  • ROE
    Return on equity, annualized net income as a percent of average equity on a consolidated basis.

The Mifflinburg Bank was founded at a time in the history of Mifflinburg when the town was heavily involved in the manufacturing of buggies. The booming business of the town and its location along one of the main arteries to the West provided to residents good economic times and ample cash and investment opportunities that became the source of deposits for the Mifflinburg Bank.

In 1997, the year in which Mifflinburg Bank & Trust celebrated its 125th anniversary, a new office at Burkholder's Market and Route 45 in Millheim was opened and the Richfield Office of Northern Central Bank was acquired. In 1998, Mifflinburg Bank & Trust Company closed out an era by limiting service at the 343 Chestnut Street Office to an ATM machine and a night bag drop. A new office was constructed in Millheim, Centre County in 2003.

Mifflinburg Bancorp, Inc. is a bank holding company organized under the Pennsylvania Business Corporation Laws on February 3, 1986. The assets are primarily those of its wholly-owned subsidiary, Mifflinburg Bank and Trust Company established in 1872.

Mifflinburg Bank and Trust Company is a full-service commercial bank servicing customers from six locations. Including the stated locations, Mifflinburg Bank have thirteen ATMs in Union, Snyder, and Centre Counties. As a member of the Liberty ATM Alliance banks customers have access to approximately 40 ATMs throughout Pennsylvania.

Main Office and Operations Center
250 E. Chestnut St.
PO Box 186
Mifflinburg, PA 17844
Phone: 570-966-1041
Fax: 570-966-7432