Midstate Bancorp in Baltimore has filed paperwork to sell up to $34.4 million in stock as part of a planned conversion to a stock company. Sandler O'Neill is assisting with the offering.

The company said in a shelf registration filed Tuesday that it plans to sell roughly 2.2 million to 3.4 million shares of common stock at $10 each as part of the planned mutual conversion of its $177 million-asset Midstate Community Bank. Sandler O'Neill is assisting with the offering.

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