LEGAL PROCEEDINGS
−Removed: Management is not aware of any litigation that would have a material adverse effect on the consolidated financial position of the Corporation.
−Removed: Mid Penn and the Bank have no proceedings pending other than ordinary, routine litigation occurring in the normal course of business.
−Removed: In addition, management does not know of any material proceedings contemplated by governmental authorities against Mid Penn, the Bank, or any of its properties.
+Added: Mid Penn and its subsidiaries are subject to various pending and threatened legal proceedings or other matters arising out of the normal conduct of business in which claims for monetary damages are asserted.
+Added: As of the date of this report, management, after consultation with legal counsel, does not anticipate that the aggregate ultimate liability arising out of such pending or threatened matters will be material to Mid Penn’s consolidated financial position.
+Added: On at least a quarterly basis, Mid Penn assesses its liabilities and contingencies in connection with such matters.
+Added: For those matters where it is probable that Mid Penn will incur losses and the amounts of the losses can be reasonably estimated, Mid Penn records an expense and corresponding liability in its consolidated financial statements.
+Added: To the extent such matters could result in exposure in excess of that liability, the amount of such excess is not currently estimable.
+Added: The range of losses for matters where an exposure is not currently estimable or considered probable is not believed to be material in the aggregate.
+Added: This is based on information currently available to Mid Penn and involves elements of judgment and significant uncertainties.
+Added: While Mid Penn does not believe that the outcome of pending or threatened litigation or other matters will be material to Mid Penn’s consolidated financial position, it cannot rule out the possibility that such outcomes will be material to the consolidated results of operations for a particular reporting period in the future.
+Added: In addition, regardless of the ultimate outcome of any such legal proceeding, inquiry or investigation, any such matter could cause Mid Penn to incur additional expenses, which could be significant, and possibly material, to Mid Penn’s results of operations in any future period.
+Added: In addition, management does not know of any material proceedings contemplated by governmental authorities against Mid Penn or any of its properties.
MINE SAFETY DISCLOSURES
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.