Middlefield Banc Corp. (MBCN)

Bank holding company offering a range of financial products and services through its subsidiary, The Middlefield Banking Company.

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Middlefield Banc Corp. serves as a pivotal bank holding company overseeing The Middlefield Banking Company, catering primarily to the needs of small and medium-sized enterprises, professionals, small business proprietors, and retail clients across northeastern and central Ohio. The company's comprehensive suite of banking services includes traditional offerings such as checking and savings accounts, money market accounts, certificates of deposit, and safe deposit facilities. Additionally, Middlefield Banc Corp. extends a range of loans including commercial, real estate, consumer installment, and agricultural loans, along with specialized financing for residential construction and professional needs.

Founded in 1901 and headquartered in Middlefield, Ohio, Middlefield Banc Corp. has expanded its footprint with 17 banking centers strategically located throughout the region. These centers span key areas such as Chardon, Newbury, Garrettsville, and Orwell, among others, ensuring accessibility and convenience for its diverse clientele. The company's commitment to community banking is underscored by its provision of personalized services and innovative financial solutions, including online banking, bill payment services, and cash management tools tailored to meet the evolving needs of both individual and business customers.

As of December 31, 2021, Middlefield Banc Corp. continues to uphold its mission of fostering financial stability and growth within Ohio's communities. Beyond its core banking operations, the company actively manages troubled assets within the state, reflecting its dedication to prudent financial management and asset resolution. With a legacy of over a century in banking excellence, Middlefield Banc Corp. remains steadfast in its role as a trusted partner for financial services, driving economic prosperity and supporting the aspirations of its customers across the region.

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