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Middlefield Banc Corp T.MBCN


Primary Symbol: MBCN

Middlefield Banc Corp. is a bank holding company. The Company's subsidiaries include The Middlefield Banking Company (MBC) (the Bank) and EMORECO Inc. MBC is engaged in the general commercial banking business in northeastern, central, and western Ohio. MBC offers customers a range of banking services, including checking, savings, negotiable order of withdrawal (NOW) accounts, money market accounts, time deposits, commercial loans, real estate loans, a variety of 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.bank. The Bank operates approximately 21 full-service banking centers and a financial brokerage office serving Ada, Beachwood, Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton, Mantua, Marysville, Middlefield, and others. MBC also operates a loan production office in Mentor, Ohio.


NDAQ:MBCN - Post by User

Comment by Defiance2050on Nov 17, 2021 2:09pm
120 Views
Post# 34137301

RE:RE:Can You Imagine?

RE:RE:Can You Imagine?
GoldenIdle wrote: I've only been on mbcn for a couple of months . Bought @ $3.30 after reading TD analyst report. I will hang onto the shares until near closing. Another suitor may show up sure but I feel the disconnect between SP and Offer price will narrow as time passes . Recently I owned SCR that was taken over and that was my experience, I sold 2 days before closing of deal . Let the traders and vultures make $$ on the spread . I'm patient I want the $$$ from the spread too . Just my opinion I'm stubborn. GLTA 


Congrats on buying late. I bought a couple months in and averaged down. Hopefully a higher number comes in or DOC stabilizes.

Unfortunately TD is the only big 6 who had an analyst for MBCN. There may not be many covering DOC either. 

I suspect that there will be further information either during DOCs quarterly results or a presentation to settle investors. 

DOC could be selling off due to further dilution and MBCN historical cash burn. 



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