Earnings summaries and quarterly performance for MIDDLEFIELD BANC.
Executive leadership at MIDDLEFIELD BANC.
Ronald L. Zimmerly, Jr.
Detailed
President and Chief Executive Officer
CEO
CM
Courtney M. Erminio
Detailed
Executive Vice President, Chief Risk Officer
MC
Michael C. Ranttila
Detailed
Chief Financial Officer, Treasurer and Executive Vice President
ML
Michael L. Cheravitch
Detailed
Executive Vice President, Chief Banking Officer
RA
Rebecca A. Noblit
Detailed
Executive Vice President, Chief Credit Officer
SA
Sarah A. Winters
Detailed
Executive Vice President, Chief Human Resources Officer
TM
Thomas M. Wilson
Detailed
Executive Vice President, Corporate Development
Board of directors at MIDDLEFIELD BANC.
CJ
Carolyn J. Turk
Detailed
Director
JK
James K. McCaskey
Detailed
Director
JL
Jennifer L. Moeller
Detailed
Director
KE
Kenneth E. Jones
Detailed
Director
KA
Kevin A. DiGeronimo
Detailed
Director
MR
Mark R. Watkins
Detailed
Director
MC
Michael C. Voinovich
Detailed
Director
ST
Spencer T. Cohn
Detailed
Director
TW
Thomas W. Bevan
Detailed
Director
WJ
William J. Skidmore
Detailed
Chairman of the Board
Research analysts covering MIDDLEFIELD BANC.
Recent press releases and 8-K filings for MBCN.
Middlefield Banc Corp. and Farmers National Banc Corp. Announce Regulatory Approvals for Merger
MBCN
M&A
- Middlefield Banc Corp. (MBCN) and Farmers National Banc Corp. have received all necessary regulatory approvals for their proposed merger.
- The merger, initially agreed upon on October 22, 2025, is now expected to be completed during the first quarter of 2026.
1 day ago
Middlefield Banc Corp. Enters Merger Agreement with Farmers National Banc Corp.
MBCN
M&A
Takeover Bid
- Middlefield Banc Corp. and Farmers National Banc Corp. entered into an Agreement and Plan of Merger on October 22, 2025, under which Middlefield Banc Corp. will merge into Farmers National Banc Corp..
- At the effective time of the Merger, each common share of Middlefield Banc Corp. will be converted into the right to receive 2.60 common shares of Farmers National Banc Corp..
- The merger is expected to close in the first quarter of 2026, subject to shareholder and regulatory approvals.
- Middlefield Banc Corp. has agreed to pay a $12,000,000.00 termination fee to Farmers National Banc Corp. if the Merger Agreement is terminated under certain conditions.
Oct 27, 2025, 9:25 PM
Middlefield Banc Corp. Announces Merger Agreement with Farmers National Banc Corp.
MBCN
M&A
Takeover Bid
- Middlefield Banc Corp. has entered into a definitive merger agreement to be acquired by Farmers National Banc Corp. in an all-stock transaction.
- Each share of Middlefield common stock will be converted into the right to receive 2.6 shares of Farmers common stock.
- Based on Farmers' closing share price of $13.91 on October 20, 2025, the transaction is valued at approximately $299.0 million, or $36.17 per Middlefield share.
- The merger is expected to close by the end of the first quarter of 2026, pending shareholder and regulatory approvals.
- Upon consummation, the combined entity is estimated to have approximately $7.4 billion in assets and 83 branch locations.
Oct 22, 2025, 11:46 AM
Middlefield Banc Corp. Announces Merger Agreement with Farmers National Banc Corp.
MBCN
M&A
- Middlefield Banc Corp. (MBCN) has entered into a definitive merger agreement to be acquired by Farmers National Banc Corp. in an all-stock transaction.
- Each share of Middlefield common stock will be converted into 2.6 shares of Farmers common stock, valuing the transaction at approximately $299.0 million, or $36.17 per Middlefield share, based on Farmers' closing share price of $13.91 on October 20, 2025.
- The merger is expected to close by the end of the first quarter of 2026, pending shareholder and customary regulatory approvals.
- Upon consummation, the combined entity is estimated to have approximately $7.4 billion in assets and 83 branch locations throughout Ohio and western Pennsylvania.
- As of September 30, 2025, Middlefield had $2.0 billion in total assets, $1.6 billion in total loans, and $1.6 billion in deposits.
Oct 22, 2025, 11:46 AM
Farmers National Banc Corp. Announces Merger with Middlefield Banc Corp.
MBCN
M&A
- Farmers National Banc Corp. announced the merger of Middlefield Banc Corp., which is expected to close in the first quarter of 2026.
- Upon completion of the merger, Farmers National Banc Corp. is projected to have more than $7.4 billion in assets.
- Middlefield Banc Corp. is described as a high-quality franchise with complementary markets and a strong community banking culture, offering significant upside for shareholders.
Oct 22, 2025, 11:45 AM
Middlefield Banc Corp. Announces Q3 2025 Financial Results
MBCN
Earnings
Dividends
- Middlefield Banc Corp. reported diluted earnings of $0.65 per share for the third quarter of 2025, contributing to year-to-date earnings of $2.01 per share.
- Net interest income for Q3 2025 increased 16.5% to $17.6 million, with the net interest margin expanding 33 basis points to 3.79%.
- Total assets grew 6.5% to a record $1.98 billion, and total loans increased 6.8% to a record $1.61 billion at September 30, 2025, compared to September 30, 2024.
- Book value per share increased 6.1% to $27.71, and tangible book value per share increased 8.4% to $22.62 at September 30, 2025, compared to September 30, 2024. Noninterest income for the nine months ended September 30, 2025, included a one-time, non-cash gain of $1.2 million from a real estate exchange.
Oct 22, 2025, 11:35 AM
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more