Middlefield Banc Corp. (NASDAQ:MBCN) Files An 8-K Other Events

ME Staff 8-k
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Middlefield Banc Corp. (NASDAQ:MBCN) Files An 8-K Other Events

Middlefield Banc Corp. (NASDAQ:MBCN) Files An 8-K Other Events
ITEM 8.01

On May 11, 2020, the Board of Directors of Middlefield Banc Corp., Middlefield, Ohio, approved a quarterly cash dividend of $0.15 per common share to shareholders of record on June 4, 2020, payable on June 15, 2020.

A press release announcing this declaration is included as Exhibit 99.1 to this current report on Form 8-K.

Middlefield Banc Corp. is a bank holding company with total assets of $1.21 billion at March 31, 2020. The Company’s subsidiary bank, The Middlefield Banking Company, operates 16 full-service banking centers and one loan production office at locations in Northeast Ohio and Central Ohio.

Middlefield Banc Corp. may be accessed at www.middlefieldbank.bank. The Company’s common shares are traded on the NASDAQ Capital Market under the symbol “MBCN”.

The following exhibit is furnished to this Current Report on Form 8-K:

(a) Exhibits.

99.1    May 12, 2020 press release of Middlefield Banc Corp.


MIDDLEFIELD BANC CORP Exhibit
EX-99.1 2 d920278dex991.htm EX-99.1 EX-99.1 Exhibit 99.1   15985 East High Street P. O. Box 35 Middlefield,…
To view the full exhibit click here

About Middlefield Banc Corp. (NASDAQ:MBCN)

Middlefield Banc Corp. is a bank holding company. The Company’s subsidiaries include The Middlefield Banking Company (MBC) and EMORECO Inc. MBC is engaged in the general commercial banking business in northeastern and central Ohio. MBC offers customers a range of banking services, including checking, savings, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities and travelers’ checks. MBC offers online banking and bill payment services to individuals, and online cash management services to business customers through its Website at www.middlefieldbank.com. EMORECO engages in the resolution and disposition of troubled assets in central Ohio. MBC’s loan products include operational and working capital loans, loans to finance capital purchases, term business loans, residential construction loans, selected guaranteed or subsidized loan programs for small businesses, and consumer installment loans.