{"id":756526,"date":"2023-05-09T09:50:37","date_gmt":"2023-05-09T13:50:37","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/middlefield-banc-corp-announces-2023-second-quarter-cash-dividend-payment\/"},"modified":"2023-05-09T09:50:37","modified_gmt":"2023-05-09T13:50:37","slug":"middlefield-banc-corp-announces-2023-second-quarter-cash-dividend-payment","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/middlefield-banc-corp-announces-2023-second-quarter-cash-dividend-payment\/","title":{"rendered":"Middlefield Banc Corp. Announces 2023 Second-Quarter Cash Dividend Payment"},"content":{"rendered":"
\n

MIDDLEFIELD, Ohio, May 09, 2023 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company\u2019s Board of Directors declared a quarterly cash dividend of $0.20 per common share payable on June 15, 2023, to shareholders of record on June 2, 2023.\u00a0\u00a0<\/p>\n

\n About Middlefield Banc Corp.<\/strong>
\n
Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the Bank holding Company of The Middlefield Banking Company, with total assets of $1.73 billion at March 31, 2023. The Bank operates 21 full-service banking centers and an LPL Financial\u00ae brokerage office serving Ada, Beachwood, Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton, Mantua, Marysville, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, Ohio.<\/p>\n

Additional information is available at www.middlefieldbank.bank<\/a><\/p>\n

\n This press release of Middlefield Banc Corp. and the reports Middlefield Banc Corp. files with the Securities and Exchange Commission often contain \u201cforward-looking statements\u201d relating to present or future trends or factors affecting the banking industry and, specifically, the financial operations, markets and products of Middlefield Banc Corp. These forward-looking statements involve certain risks and uncertainties. There are a number of important factors that could cause Middlefield Banc Corp.\u2019s future results to differ materially from historical performance or projected performance. These factors include, but are not limited to: (1) a significant increase in competitive pressures among financial institutions; (2) changes in the interest rate environment that may reduce interest margins; (3) changes in prepayment speeds, charge-offs and loan loss provisions; (4) less favorable than expected general economic conditions; (5) legislative or regulatory changes that may adversely affect businesses in which Middlefield Banc Corp. is engaged; (6) technological issues which may adversely affect Middlefield Banc Corp.\u2019s financial operations or customers; (7) changes in the securities markets; or (8) risk factors mentioned in the reports and registration statements Middlefield Banc Corp. files with the Securities and Exchange Commission. 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.<\/strong>\n <\/p>\n\n\n\n\n\n\n\n
\n Company Contact:<\/strong>\n <\/td>\n\n Investor and Media Contact:<\/strong>\n <\/td>\n<\/tr>\n
James R. Heslop, II<\/td>\nAndrew M. Berger<\/td>\n<\/tr>\n
Chief Executive Officer<\/td>\nManaging Director<\/td>\n<\/tr>\n
Middlefield Banc Corp.<\/td>\nSM Berger & Company, Inc.<\/td>\n<\/tr>\n
(440) 632-1666 Ext. 3219<\/td>\n(216) 464-6400<\/td>\n<\/tr>\n
\n JHeslop@middlefieldbank.com<\/a>\n <\/td>\n\n andrew@smberger.com<\/a>\n <\/td>\n<\/tr>\n<\/table>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

MIDDLEFIELD, Ohio, May 09, 2023 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company\u2019s Board of Directors declared a quarterly cash dividend of $0.20 per common share payable on June 15, 2023, to shareholders of record on June 2, 2023.\u00a0\u00a0 About Middlefield Banc Corp. Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the Bank holding Company of The Middlefield Banking Company, with total assets of $1.73 billion at March 31, 2023. The Bank operates 21 full-service banking centers and an LPL Financial\u00ae brokerage office serving Ada, Beachwood, Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton, Mantua, Marysville, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, … <\/p>\n

Continue reading “Middlefield Banc Corp. Announces 2023 Second-Quarter Cash Dividend Payment”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-756526","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMiddlefield Banc Corp. Announces 2023 Second-Quarter Cash Dividend Payment - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/middlefield-banc-corp-announces-2023-second-quarter-cash-dividend-payment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Middlefield Banc Corp. 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