Middlefield Banc Corp. Announces Third Quarter Cash Dividend
Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the company’s board of directors has declared a quarterly cash
dividend of $0.27 per common share payable on September 15, 2016, to shareholders of record on September 2, 2016.
Middlefield Banc Corp., headquartered in Middlefield, Ohio, is a bank holding company with total assets of $760.1 million at
June 30, 2016. The bank operates 10 full service banking centers and an LPL Financial® brokerage office serving
Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, and Westerville. The Bank also operates a Loan
Production Office in Mentor, Ohio. For more information, please visit our website at www.middlefieldbank.bank.
This press release of Middlefield Banc Corp. and the reports Middlefield Banc Corp. files with the Securities and Exchange
Commission often contain “forward-looking statements” 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.’s 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.’s 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.
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Company Contact:
Middlefield Banc Corp.
Thomas G. Caldwell, 440-632-1666 Ext. 3200
President/Chief Executive Officer
tcaldwell@middlefieldbank.com
or
Investor and Media Contact:
SM Berger & Company, Inc.
Andrew M. Berger, 216-464-6400
Managing Director
andrew@smberger.com
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