Middlefield Banc CORP 8-K filings

Middlefield Banc Corp.'s investor presentation showcases its strong financial position, strategic growth initiatives, and commitment to community banking.

Middlefield Banc Corp. announced its financial results for the six months ended June 30, 2024, showing a decrease in net income but growth in loans and deposits.

Darryl E. Mast, a member of Middlefield Banc Corp.'s Board of Directors, will not seek reelection at the 2025 Annual Meeting, marking his departure from the board.

Middlefield Banc Corp. has entered into an agreement to provide a $100,000 survivor income benefit to the beneficiaries of its Chief Financial Officer, Michael C. Ranttila, should he die while employed by the bank.

Middlefield Banc Corp. has updated its Annual Incentive Plan, establishing new bonus structures for executive officers and other employees based on performance goals.

Middlefield Banc Corp.'s investor presentation showcases its strong financial position, strategic growth initiatives, and commitment to community banking.

Middlefield Banc Corp.'s subsidiary, The Middlefield Banking Company, has agreed to exchange its current Westerville branch property for a 1.06-acre parcel to develop a new branch.

Middlefield Banc Corp. held its annual shareholder meeting on May 15, 2024, where shareholders voted on the election of directors, executive compensation, and the ratification of the independent auditor.

Middlefield Banc Corp. has declared a second-quarter cash dividend of $0.20 per common share, payable on June 14, 2024.

Middlefield Banc Corp. reported a net income of $4.2 million for the first quarter of 2024, alongside a 7.8% increase in total loans.

Middlefield Banc Corp. has increased the base salary of its Executive Vice President and Chief Financial Officer, Michael C. Ranttila, to $300,000 for 2024.

Middlefield Banc Corp.'s CEO, Ronald L. Zimmerly, Jr., will receive a substantial $135,000 base salary increase in 2024, bringing his total base salary to $475,000.

Middlefield Banc Corp. has approved cash bonus payments for its CEO and CFO based on 2023 performance, to be paid by March 8, 2024.

Middlefield Banc Corp. has declared a first quarter cash dividend of $0.20 per common share, consistent with the previous quarter.

Middlefield Banc Corp.'s investor presentation outlines its strategic focus, financial strength, and growth opportunities in Ohio, emphasizing its community banking approach and strong performance metrics.

Middlefield Banc Corp. reported a record net income of $17.4 million for 2023, driven by the successful integration of the Liberty Bancshares merger.