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Middlefield Banc
Middlefield Banc

-10.26%

Financial services / Community banking and financial services

At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | Web
Overview

Middlefield Banc Corp. is a bank holding company based in Middlefield, Ohio. The company was founded in 1901 and operates through its subsidiary, The Middlefield Banking Company. The bank offers a range of financial products and services, including commercial and personal banking, mortgages, and wealth management services.
Middlefield Banc Corp. is a publicly traded company on the NASDAQ stock exchange under the ticker symbol MBCN. The company has a strong focus on community banking and operates 16 branch locations in Ohio and western Pennsylvania.
In addition to traditional banking services, Middlefield Banc Corp. also offers online banking and mobile banking platforms for its customers. The company prides itself on providing personalized and convenient banking solutions for its clients.
Middlefield Banc Corp. is committed to supporting its local communities and partners with various organizations to promote economic development and community involvement. The company also has a strong emphasis on sustainability and environmental responsibility.
Overall, Middlefield Banc Corp. is a reputable and established bank holding company that is dedicated to serving its customers and communities through personalized banking solutions and community involvement.

What is special about the company?

1. Strong Community Focus: Middlefield Banc Corp. is committed to supporting and investing in the local communities where they operate, providing financial resources and volunteerism to various community organizations and initiatives.
2. Long History: The company has a rich history dating back to 1901, and has continued to grow and adapt to changes in the banking industry while maintaining its core values.
3. Strategic Growth: Middlefield Banc Corp. has strategically expanded its operations through acquisitions and organic growth, resulting in a strong presence in Northeast Ohio.
4. Customer-Focused Approach: The company prides itself on providing personalized, high-quality service to its customers, putting their needs first and building long-lasting relationships.
5. Diverse Product Offerings: Middlefield Banc Corp. offers a wide range of financial products and services, including traditional banking services, wealth management, insurance, and investment services.
6. Strong Financial Performance: The company has consistently shown strong financial performance, with steady growth in earnings and assets, making it a reliable and stable institution for customers and investors.
7. Commitment to Employee Development: Middlefield Banc Corp. values its employees and invests in their development and growth, creating a positive work environment and high employee satisfaction.
8. Corporate Governance: The company is committed to high standards of corporate governance, with a strong code of ethics and a focus on transparency and accountability.
9. Recognition and Awards: Middlefield Banc Corp. has received numerous awards and accolades, including being consistently recognized as one of the top-performing community banks in the nation.
10. Strong Leadership: The company is led by an experienced management team with a deep understanding of the banking industry and a strong commitment to the company’s values and goals.

What the company's business model?

The Middlefield Banc company’s business model revolves around providing financial services to individuals, businesses, and organizations in the state of Ohio. This includes personal and commercial banking services such as deposit accounts, loans, mortgages, and investments. The company also offers a range of online and digital banking options to its customers. Middlefield Banc primarily generates revenue through interest earned on loans and investments, as well as fees for services such as overdrafts and account management. They also focus on building and maintaining strong relationships with their customers and communities through personalized service and community involvement. This business model aims to drive profitability and growth for the company while meeting the financial needs of their customers.

Interesting facts about the company

1. The Middlefield Banc Corp. was founded in 1987 as a financial holding company for The Middlefield Banking Company, which was established in 1901 in Middlefield, Ohio.
2. The company is headquartered in Middlefield, Ohio and has branch locations throughout Northeast and Central Ohio.
3. The Middlefield Banking Company was originally known as The Middlefield Savings & Loan Company and was reorganized as The Middlefield Banking Co. in 1916.
4. The company’s mission is “to provide quality financial services to the communities we serve in a friendly, timely, and efficient manner.”
5. Middlefield Banc Corp. is a publicly traded company, listed on the NASDAQ stock exchange under the ticker symbol MBCN.
6. The company has been consistently profitable since its inception and has paid a cash dividend every year since 1987.
7. In addition to traditional banking services, Middlefield Banc Corp. also offers insurance, investment, and trust services through its subsidiary, Emerald Financial Corp.
8. Middlefield Banc Corp. has received numerous awards and recognitions over the years, including being named one of the Top 200 Community Banks in the United States by American Banker magazine for seven consecutive years.
9. The company is committed to giving back to the communities it serves and has a strong focus on supporting local charities, schools, and community events.
10. Middlefield Banc Corp. has grown through both organic expansion and strategic acquisitions, including the acquisition of Liberty Bank, N.A. in 2019, which added four branch locations and expanded the company’s presence in Central Ohio.

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