Middlefield

Middlefield Banc Corp. Announces a 6.3% Increase in the 2021 Fourth Quarter Cash Dividend Payment and Declares a $0.04 Special Cash Dividend Payment

Retrieved on: 
Tuesday, November 9, 2021
George Orwell, Share repurchase, Industry, Security (finance), NASDAQ, LPL, Risk, COVID-19, Sustainability Accounting Standards Board, Policy, Board, Bank, U.S. Securities and Exchange Commission, Environment, GLOBE, Holding company

The 2021 fourth quarter dividend payment represents a 6.3% increase over the 2021 third quarter cash dividend payment and is a 13.3% increase over the 2020 fourth quarter payment.

Key Points: 
  • The 2021 fourth quarter dividend payment represents a 6.3% increase over the 2021 third quarter cash dividend payment and is a 13.3% increase over the 2020 fourth quarter payment.
  • In addition, the Board declared a special one-time cash dividend of $0.04 per common share that will also be payable on December 15, 2021, to shareholders of record on December 3, 2021.
  • The 13.3% year-over-year increase in our quarterly cash dividend payment, and the $0.04 special dividend payment are the latest measures we have taken to return capital to shareholders.
  • In addition, the increase in our fourth quarter dividend payment is the second increase in our quarterly dividend payment this year, and the fifth increase in the past five years.

Kevin A. DiGeronimo Elected to the Board of Directors of Middlefield Banc Corp.

Retrieved on: 
Tuesday, November 9, 2021
Audit committee, George Orwell, Industry, Jack Cleveland Casino, Construction management, Ohio State University, Retirement, Leadership, Security (finance), NASDAQ, LPL, Risk, COVID-19, Board, Bank, U.S. Securities and Exchange Commission, Environment, GLOBE, Board of directors

MIDDLEFIELD, Ohio, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) (Middlefield) today announced Kevin A. DiGeronimo has been elected to the Board of Directors of Middlefield Banc Corp., and was named as a member to the Audit Committee.

Key Points: 
  • MIDDLEFIELD, Ohio, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) (Middlefield) today announced Kevin A. DiGeronimo has been elected to the Board of Directors of Middlefield Banc Corp., and was named as a member to the Audit Committee.
  • Mr. DiGeronimo replaces Clayton W. Rose, III who announced his retirement from the Board of Directors of Middlefield Banc Corp.
    Thomas G. Caldwell, President and Chief Executive Officer, stated: Kevin has been a valuable member of the Middlefield Bank Board of Directors since joining in January 2021.
  • I also want to thank Clay for his dedication and leadership as a board member of both the Middlefield Bank and Middlefield Banc Corp.
  • Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.37 billion at September 30, 2021.

Jennifer Moeller Elected to the Board of Directors of The Middlefield Banking Company

Retrieved on: 
Friday, October 22, 2021
Gambling, LPL, Industry, Miami University, Software, Security (finance), U.S. Securities and Exchange Commission, Fairfield University, NASDAQ, George Orwell, Small business, Leadership, Strategic planning, Federal Home Loan Bank Board, Board, COVID-19, Environment, Risk, GLOBE, The National Academy, Bank, Procter, Management

MIDDLEFIELD, Ohio, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) (Middlefield) today announced Jennifer Moeller has been elected to the Board of Directors of The Middlefield Banking Company.

Key Points: 
  • MIDDLEFIELD, Ohio, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) (Middlefield) today announced Jennifer Moeller has been elected to the Board of Directors of The Middlefield Banking Company.
  • Ms. Moeller will join the Bank's Board on December 13, 2021.
  • Ms. Moeller has served in a variety of roles with deep experience in strategic planning and marketing for consumer goods, personal financial software, start-ups and retail banking.
  • Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.37 billion at September 30, 2021.

Middlefield Banc Corp. Increases Share Repurchase Program

Retrieved on: 
Friday, August 13, 2021
NASDAQ, Securities and Exchange Commission (Nigeria), LPL, Program, Environment, Company, Bank, COVID-19, GLOBE, Security (finance), Board, Risk, Board of directors, Share repurchase, Industry, George Orwell, Animal

MIDDLEFIELD, Ohio, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced its Board of Directors approved additional share repurchasecapacity for the Company's repurchase program (the Program).

Key Points: 
  • MIDDLEFIELD, Ohio, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced its Board of Directors approved additional share repurchasecapacity for the Company's repurchase program (the Program).
  • On August 9, 2021, Middlefields Board of Directors authorized the Company to repurchase an additional 300,000 shares under the Program.
  • Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.36 billion at June 30, 2021.
  • This press release of Middlefield Banc Corp. and the reports Middlefield Banc Corp. files with the Securities and Exchange Commission often contain forward-looking statements relating to present or future trends or factors affecting the banking industry and, specifically, the financial operations, markets and products of Middlefield Banc Corp.

Middlefield Banc Corp. Announces 2021 Third Quarter Cash Dividend Payment

Retrieved on: 
Tuesday, August 10, 2021
NASDAQ, COVID-19, U.S. Securities and Exchange Commission, LPL, Bank, Industry, Environment, GLOBE, George Orwell, Risk, Security (finance)

MIDDLEFIELD, Ohio, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Companys Board of Directors declared a quarterly cash dividend of $0.16 per common share, payable on September 15, 2021, to shareholders of record on September 3, 2021.

Key Points: 
  • MIDDLEFIELD, Ohio, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Companys Board of Directors declared a quarterly cash dividend of $0.16 per common share, payable on September 15, 2021, to shareholders of record on September 3, 2021.
  • Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.36 billion at June 30, 2021.
  • This press release of Middlefield Banc Corp. and the reports Middlefield Banc Corp. files with the Securities and Exchange Commission often contain forward-looking statements relating to present or future trends or factors affecting the banking industry and, specifically, the financial operations, markets and products of Middlefield Banc Corp.
  • There are a number of important factors that could cause Middlefield Banc Corp.s future results to differ materially from historical performance or projected performance.

The Middlefield Banking Company Taps Finzly's Digital Account Opening Solution to Support Enhanced Customer Banking Experience

Retrieved on: 
Monday, July 19, 2021
Middlefield, ING Group, Companies, Finance, Financial services

CHARLOTTE, N.C., July 19, 2021 /PRNewswire-PRWeb/ -- Finzly , a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced today that The Middlefield Banking Company has selected Finzly's contactless digital account opening (DAO) solution, enabling the bank to gain back-office operational efficiencies that support an enhanced customer experience.

Key Points: 
  • CHARLOTTE, N.C., July 19, 2021 /PRNewswire-PRWeb/ -- Finzly , a fintech provider of modern banking applications for payments, foreign exchange, trade finance and digital account opening, announced today that The Middlefield Banking Company has selected Finzly's contactless digital account opening (DAO) solution, enabling the bank to gain back-office operational efficiencies that support an enhanced customer experience.
  • Finzly's DAO solution enables Middlefield Bank to digitize the entire account opening process and achieve complete automation, as well as co-browsing support, customized onboarding workflows, and analytics to capture customer pain points.
  • "At Middlefield Bank, we pride ourselves in providing a quality banking experience for our customers," said Thomas G. Caldwell, President and CEO, Middlefield Bank.
  • "Finzly is excited to help Middlefield Bank drive a more secure, seamless and modern banking experience through a single digital solution for both consumer and business account opening," said Booshan Rengachari, founder and CEO, Finzly.

Middlefield Banc Corp. Announces CEO Retirement and Succession Plan

Retrieved on: 
Friday, June 18, 2021
Middlefield, Ohio, Middlefield, Banq

Mr. Caldwell intends to complete his term as a director of Middlefield Banc Corp. that will end at the Companys 2022 annual meeting of shareholders.

Key Points: 
  • Mr. Caldwell intends to complete his term as a director of Middlefield Banc Corp. that will end at the Companys 2022 annual meeting of shareholders.
  • Under Toms leadership, Middlefield has grown significantly, achieved strong financial performance, and built a robust platform for long-term success.
  • Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.39 billion at March 31, 2021.
  • Factors which may cause actual results to differ materially from those contained in such forward-looking statements include those identified in Middlefield Banc Corp.s most recentForm 10-Kand subsequent SEC filings.

Middlefield Banc Corp. Announces 2021 Second Quarter Cash Dividend Payment

Retrieved on: 
Tuesday, May 11, 2021
Finance, Financial services, Money, Middlefield, Banq, Bank holding company, Bank

b'MIDDLEFIELD, Ohio, May 11, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company\xe2\x80\x99s Board of Directors declared a quarterly cash dividend of $0.16 per common share payable on June 15, 2021, to shareholders of record on June 4, 2021.\nMiddlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.39 billion at March 31, 2021.

Key Points: 
  • b'MIDDLEFIELD, Ohio, May 11, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company\xe2\x80\x99s Board of Directors declared a quarterly cash dividend of $0.16 per common share payable on June 15, 2021, to shareholders of record on June 4, 2021.\nMiddlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.39 billion at March 31, 2021.
  • The Bank also operates a Loan Production Office in Mentor, Ohio.\nThis press release of Middlefield Banc Corp. and the reports Middlefield Banc Corp. files with the Securities and Exchange Commission often contain \xe2\x80\x9cforward-looking statements\xe2\x80\x9d relating to present or future trends or factors affecting the banking industry and, specifically, the financial operations, markets and products of Middlefield Banc Corp.
  • There are a number of important factors that could cause Middlefield Banc Corp.\xe2\x80\x99s future results to differ materially from historical performance or projected performance.
  • Middlefield Banc Corp. undertakes no obligation to release revisions to these forward-looking statements or to reflect events or circumstances after the date of this press release.\n'