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Middlefield Banc Corp. (MBCN) holds quarterly dividend at $0.21 per share

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Middlefield Banc Corp. declared a quarterly cash dividend of $0.21 per common share for the 2026 first quarter, unchanged from the prior quarter. The dividend will be paid on February 27, 2026 to shareholders of record on February 17, 2026.

The company is a bank holding company with $1.98 billion in total assets as of September 30, 2025. Its subsidiary, The Middlefield Banking Company, operates 21 full-service banking centers, an LPL Financial brokerage office, and a loan production office across various markets in Ohio.

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MIDDLEFIELD BANC CORP false 0000836147 0000836147 2026-02-09 2026-02-09
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

February 9, 2026

(Date of Report: Date of earliest event reported)

 

 

Middlefield Banc Corp.

(Exact name of registrant as specified in its charter)

 

 

Ohio

(State or other jurisdiction of incorporation)

001-36613

(Commission File Number)

34-1585111

(I.R.S. Employer Identification Number)

15985 East High Street

Middlefield, Ohio 44062

(Address of principal executive offices, including zip code)

(440) 632-1666

(Registrant’s telephone number, including area code)

(not applicable)

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange

on which registered

Common Stock, no par value   MBCN  

The NASDAQ Stock Market, LLC

(NASDAQ Capital Market)

 

 
 


ITEM 8.01 OTHER EVENTS

On February 9, 2026, the Board of Directors of Middlefield Banc Corp. (the “Company”), Middlefield, Ohio, approved a quarterly cash dividend of $0.21 per common share. This is unchanged from the $0.21 cash dividend paid in the previous quarter.

The cash dividends are payable on February 27, 2026 to shareholders of record on February 17, 2026.

A press release announcing this declaration is included as Exhibit 99.1 to this current report on Form 8-K.

Middlefield Banc Corp. is a bank holding company with total assets of $1.98 billion at September 30, 2025. The Company’s subsidiary bank, The Middlefield Banking Company, operates 21 full-service banking centers and one loan production office at locations in Northeast Ohio, Central, and Western Ohio.

Middlefield Banc Corp. may be accessed at www.middlefieldbank.bank. The Company’s common shares are traded on the NASDAQ Capital Market under the symbol “MBCN”.

ITEM 9.01 (d) EXHIBITS

The following exhibits are furnished to this Current Report on Form 8-K:

(a) Exhibits.

 

  99.1

February 9, 2026 press release of Middlefield Banc Corp.

 

  104

Cover Page Interactive File (embedded within the Inline XBRL document)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

      MIDDLEFIELD BANC CORP.
Date: February 9, 2026      

/s/ Ronald L. Zimmerly, Jr

      President and Chief Executive Officer

Exhibit 99.1

 

LOGO

15985 East High Street

P. O. Box 35

Middlefield, Ohio 44062

Phone: 440/632-1666 FAX: 440/632-1700

www.middlefieldbank.bank

 

 PRESS RELEASE

 

Company Contact:    Investor and Media Contact:

Ron Zimmerly

President and Chief Executive Officer

Middlefield Banc Corp.

(419) 673-1217

RZimmerly@middlefieldbank.com

  

Andrew M. Berger

Managing Director

SM Berger & Company, Inc.

(216) 464-6400

andrew@smberger.com

Middlefield Banc Corp. Announces 2026 First-Quarter Cash Dividend Payment

MIDDLEFIELD, OHIO, February 9, 2026 — Middlefield Banc Corp. (NASDAQ: MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.21 per common share. The 2026 first-quarter dividend is payable on February 27, 2026, to shareholders of record on February 17, 2026.

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 $1.98 billion at September 30, 2025. The Bank operates 21 full-service banking centers and an LPL Financial® 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.

Additional information is available 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.

FAQ

What dividend did Middlefield Banc Corp. (MBCN) declare for the first quarter of 2026?

Middlefield Banc Corp. declared a quarterly cash dividend of $0.21 per common share for the first quarter of 2026. This dividend matches the $0.21 paid in the previous quarter, indicating a stable payout level for shareholders.

When is the 2026 first-quarter dividend for MBCN payable and what is the record date?

The 2026 first-quarter dividend is payable on February 27, 2026 to shareholders of record on February 17, 2026. Investors holding Middlefield Banc Corp. common shares on the record date will be entitled to receive the cash dividend.

Did Middlefield Banc Corp. change its dividend amount compared to the previous quarter?

Middlefield Banc Corp. kept its quarterly dividend unchanged at $0.21 per common share compared with the previous quarter. This indicates management chose to maintain the existing cash return level rather than increase or decrease the payout.

How large is Middlefield Banc Corp. in terms of total assets?

Middlefield Banc Corp. reported total assets of $1.98 billion as of September 30, 2025. This figure reflects the consolidated size of the bank holding company and its subsidiary operations across its Ohio banking markets.

How many banking locations does Middlefield Banc Corp. operate?

Through its subsidiary The Middlefield Banking Company, Middlefield Banc Corp. operates 21 full-service banking centers and an LPL Financial brokerage office, plus a loan production office in Mentor, Ohio, serving multiple communities across Northeast, Central, and Western Ohio.

On which exchange is Middlefield Banc Corp. stock traded and under what symbol?

Middlefield Banc Corp.’s common shares trade on the NASDAQ Capital Market under the ticker symbol MBCN. This listing provides investors access to the company’s stock through a major U.S. electronic marketplace.

Filing Exhibits & Attachments

4 documents
Middlefield Banc Corp

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3.81%
34.67%
0.67%
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