{"id":770914,"date":"2023-07-19T10:37:59","date_gmt":"2023-07-19T14:37:59","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-middlefield-banking-company-expands-commercial-banking-team\/"},"modified":"2023-07-19T10:37:59","modified_gmt":"2023-07-19T14:37:59","slug":"the-middlefield-banking-company-expands-commercial-banking-team","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-middlefield-banking-company-expands-commercial-banking-team\/","title":{"rendered":"The Middlefield Banking Company Expands Commercial Banking Team"},"content":{"rendered":"
\n

\n Josh Riley named Senior Vice President\/Chief Commercial Market Executive – Central Ohio<\/em>
\n
\n Jerry Benko named Senior Vice President\/Chief Commercial Market Executive – Northeast Ohio<\/em>\n <\/p>\n

MIDDLEFIELD, Ohio, July 19, 2023 (GLOBE NEWSWIRE) — The Middlefield Banking Company, a wholly owned subsidiary of Middlefield Banc Corp. (NASDAQ: MBCN), today announced that it has added two new team members to help expand and manage Middlefield\u2019s commercial banking brand in the Central and Northeast Ohio markets. Joining Middlefield are Josh Riley, Senior Vice President\/Chief Commercial Market Executive – Central Ohio and Jerry Benko Senior Vice President\/Chief Commercial Market Executive – Northeast Ohio.<\/p>\n

\u201cJosh and Jerry are proven bankers both with over 20 years of experience serving the unique needs of their respective markets,\u201d said James R. Heslop, II, Middlefield\u2019s Chief Executive Officer. \u201cWe look forward to Josh and Jerry\u2019s contributions as Middlefield expands its community-focused teams in Central and Northeast Ohio.\u201d<\/p>\n

As Senior Vice President\/Chief Commercial Market Executive – Central Ohio, Josh Riley brings over 21 years of financial services experience within the Central Ohio market. Prior to joining The Middlefield Bank, Riley was Vice President at First Merchants Bank, responsible for developing middle market and small corporate banking relationships while also stewarding the Ohio region\u2019s internal partnership collaboration initiatives. Before joining First Merchants Bank, Riley held officer positions with investment, regional, and community banks. Riley is a recipient of multiple awards for sales and service excellence and collaboration with complimentary line of business leaders. Riley received his Bachelor of Science degree in Finance and Management Information Systems from Ohio University. He is a recent graduate of the American Banker Association\u2019s Stonier Graduate School of Banking at the University of Pennsylvania.\u00a0\u00a0 Riley is an advisory board member and the chair of the nominating committee for The Salvation Army of Central Ohio. He is the past chair of the Joan Levy Bisesi Foundation and founder and director of the Columbus Donut Run for head and neck cancer research.<\/p>\n

As Senior Vice President\/Chief Commercial Market Executive – Northeast Ohio, Jerry Benko brings over 21 years of banking experience within the Northeast Ohio market. Benko is a highly experienced commercial banker and former business owner who enjoys serving and helping small businesses succeed. Most recently, he was the Market Manager, Vice President at Huntington National Bank, where he managed a cross-functional team of Business Development Officers, an SBA Specialist, and a Portfolio Manager. Prior to his six years at Huntington National Bank, Benko spent 15 years at PNC Bank in a variety of progressive banking roles. Benko received a Bachelor of Business Administration, Marketing and Accounting from Cleveland State University.<\/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 FORWARD-LOOKING STATEMENTS<\/strong>
\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 Company Contact:<\/strong>\n <\/td>\n\n Investor and Media Contact:<\/strong>\n <\/td>\n<\/tr>\n
James R. Heslop, II
Chief Executive Officer
Middlefield Banc Corp.
(440) 632-1666 Ext. 3219
JHeslop@middlefieldbank.com<\/a><\/td>\n		Andrew M. Berger
Managing Director
SM Berger & Company, Inc.
(216) 464-6400
andrew@smberger.com<\/a><\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

Photos accompanying this announcement\u00a0are available at
https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/024ebcd1-291a-4476-8ca7-8177704f2b79<\/a><\/p>\n

\n https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/b5cf122f-763f-4bb1-9599-97bd038aedb3<\/a>\u00a0<\/p>\n


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

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

Josh Riley named Senior Vice President\/Chief Commercial Market Executive – Central Ohio Jerry Benko named Senior Vice President\/Chief Commercial Market Executive – Northeast Ohio MIDDLEFIELD, Ohio, July 19, 2023 (GLOBE NEWSWIRE) — The Middlefield Banking Company, a wholly owned subsidiary of Middlefield Banc Corp. (NASDAQ: MBCN), today announced that it has added two new team members to help expand and manage Middlefield\u2019s commercial banking brand in the Central and Northeast Ohio markets. Joining Middlefield are Josh Riley, Senior Vice President\/Chief Commercial Market Executive – Central Ohio and Jerry Benko Senior Vice President\/Chief Commercial Market Executive – Northeast Ohio. \u201cJosh and Jerry are proven bankers both with over 20 years of experience serving the unique needs of their respective markets,\u201d said … <\/p>\n

Continue reading “The Middlefield Banking Company Expands Commercial Banking Team”<\/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-770914","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Middlefield Banking Company Expands Commercial Banking Team - 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\/the-middlefield-banking-company-expands-commercial-banking-team\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Middlefield Banking Company Expands Commercial Banking Team - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Josh Riley named Senior Vice President\/Chief Commercial Market Executive – Central Ohio Jerry Benko named Senior Vice President\/Chief Commercial Market Executive – Northeast Ohio MIDDLEFIELD, Ohio, July 19, 2023 (GLOBE NEWSWIRE) — The Middlefield Banking Company, a wholly owned subsidiary of Middlefield Banc Corp. (NASDAQ: MBCN), today announced that it has added two new team members to help expand and manage Middlefield\u2019s commercial banking brand in the Central and Northeast Ohio markets. Joining Middlefield are Josh Riley, Senior Vice President\/Chief Commercial Market Executive – Central Ohio and Jerry Benko Senior Vice President\/Chief Commercial Market Executive – Northeast Ohio. \u201cJosh and Jerry are proven bankers both with over 20 years of experience serving the unique needs of their respective markets,\u201d said … Continue reading "The Middlefield Banking Company Expands Commercial Banking Team"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-middlefield-banking-company-expands-commercial-banking-team\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-19T14:37:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg3NTcwNCM1Njk1MzIzIzIxOTUxMDY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-middlefield-banking-company-expands-commercial-banking-team\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-middlefield-banking-company-expands-commercial-banking-team\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"The Middlefield Banking Company Expands Commercial Banking Team\",\"datePublished\":\"2023-07-19T14:37:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-middlefield-banking-company-expands-commercial-banking-team\\\/\"},\"wordCount\":802,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-middlefield-banking-company-expands-commercial-banking-team\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg3NTcwNCM1Njk1MzIzIzIxOTUxMDY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-middlefield-banking-company-expands-commercial-banking-team\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/the-middlefield-banking-company-expands-commercial-banking-team\\\/\",\"name\":\"The Middlefield Banking Company Expands Commercial Banking Team - 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