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[8-K] MIDDLEFIELD BANC CORP Reports Material Event

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Rhea-AI Filing Summary

Middlefield Banc Corp. (MBCN) announced it entered into an Agreement and Plan of Merger with Farmers National Banc Corp. The transaction provides for the merger of Middlefield into Farmers, combining the two Ohio-based bank holding companies.

The companies disclosed that Farmers expects to file a Form S-4 to register the Farmers common stock that will be issued to Middlefield shareholders, and a joint proxy statement/prospectus will seek approvals from both shareholder bases. The merger remains subject to customary conditions, including regulatory and shareholder approvals. A joint press release and an investor presentation outlining the deal were furnished as Exhibits 99.1 and 99.2.

Middlefield Banc Corp. (MBCN) ha annunciato di aver stipulato un Accordo e un Piano di Fusione con Farmers National Banc Corp. L'operazione prevede la fusione di Middlefield in Farmers, unendo le due società quotate che detengono banche con sede in Ohio.

Le società hanno riferito che Farmers prevede di presentare un Modulo S-4 per registrare le azioni ordinarie di Farmers che saranno emesse agli azionisti di Middlefield, e una dichiarazione congiunta di procuration/prospetto cercherà le approvazioni da entrambe le basi azionarie. La fusione resta soggetta a condizioni abituali, inclusi l'approvazione regolamentare e quella degli azionisti. Un comunicato stampa congiunto e una presentazione agli investitori che delineano l'accordo sono stati forniti come Allegati 99.1 e 99.2.

Middlefield Banc Corp. (MBCN) anunció que llegó a un Acuerdo y Plan de Fusión con Farmers National Banc Corp. La operación prevé la fusión de Middlefield en Farmers, uniendo a las dos compañías de holding bancario con sede en Ohio.

Las empresas informaron que Farmers espera presentar un Formulario S-4 para registrar las acciones comunes de Farmers que serán emitidas a los accionistas de Middlefield, y una declaración de procuración/prospecto conjunta buscará las aprobaciones de ambas bases de accionistas. La fusión sigue sujeta a condiciones habituales, incluyendo aprobaciones regulatorias y de los accionistas. Un comunicado de prensa conjunto y una presentación para inversionistas que detallan el acuerdo fueron presentados como Exhibits 99.1 y 99.2.

Middlefield Banc Corp. (MBCN)가 Farmers National Banc Corp.와 합병 계약 및 계획에 서명했다고 발표했다. 이 거래는 Middlefield를 Farmers에 합병하여 오하이오주에 본사를 둔 두 은행 지주 회사를 하나로 합치는 것이다.

양사는 Farmers가 Middlefield 주주들에게 발행될 Farmers 보통주를 등록하기 위한 Form S-4를 제출할 예정이며, 양측의 주주를 대상으로 한 공동 위임장/공개설명을 통해 승인을 얻을 것이라고 밝혔다. 합병은 규제 승인 및 주주 승인 등 일반적인 조건에 여전히 달려 있다. 거래를 요약한 공동 보도자료와 투자자 프리젠테이션이 Exhibits 99.1 및 99.2로 제공되었다.

Middlefield Banc Corp. (MBCN) a annoncé qu'il avait conclu un accord et un plan de fusion avec Farmers National Banc Corp. L'opération prévoit la fusion de Middlefield dans Farmers, réunissant les deux sociétés holding bancaires basées dans l'Ohio.

Les entreprises ont indiqué que Farmers prévoit de déposer un formulaire S-4 pour enregistrer les actions ordinaires de Farmers qui seront émises aux actionnaires de Middlefield, et qu'une déclaration de procuration/prospectus conjointe sollicitera les approbations des deux bases d'actionnaires. La fusion reste soumise à des conditions habituelles, y compris les approbations réglementaires et des actionnaires. Un communiqué conjoint et une présentation aux investisseurs exposant l'accord ont été fournis comme Exhibits 99.1 et 99.2.

Middlefield Banc Corp. (MBCN) gab bekannt, dass es eine Vereinbarung und einen Fusionsplan mit Farmers National Banc Corp. getroffen hat. Die Transaktion sieht die Fusion von Middlefield in Farmers vor, wodurch die beiden in Ohio ansässigen Bankholding-Gesellschaften zusammengeschlossen werden.

Die Unternehmen teilten mit, dass Farmers beabsichtigt, ein Formular S-4 einzureichen, um die Farmers-Stammaktien zu registrieren, die an die Middlefield-Aktionäre ausgegeben werden sollen, und ein gemeinsames Proxy-Statement/Prospekt die Genehmigungen beider Aktionärskreise anstreben wird. Die Fusion bleibt üblichen Bedingungen unterworfen, einschließlich behördlicher und Aktionärsfreigaben. Eine gemeinsame Pressemitteilung und eine Investorenpräsentation, die das Geschäft umreißen, wurden als Exhibits 99.1 und 99.2 vorgelegt.

أعلنت شركة Middlefield Banc Corp. (MBCN) أنها دخلت في اتفاق وخطة دمج مع Farmers National Banc Corp. الصفقة تقضي بدمج Middlefield في Farmers، مما يجمع بين شركتيها القابضة المصرفية المقيمتين في أوهايو.

ونشرت الشركات أن Farmers تتوقع تقديم نموذج S-4 لتسجيل أسهم Farmers العادية التي سيتم إصدارها للمساهمين في Middlefield، وأن بيانا موجهاً ومشتركاً للوكالة/الاكتتاب سيطلب موافقات من كلا قاعدة المساهمين. يظل الدمج خاضعاً للشروط المعتادة، بما في ذلك الموافقات التنظيمية وموافقات المساهمين. تم توفير بيان صحفي مشترك وعرض تقديمي للمستثمرين يوضح الصفقة كالمرفقين 99.1 و99.2.

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Insights

Merger agreement signed; closing depends on approvals and S-4.

Middlefield Banc and Farmers National Banc agreed to merge, with Middlefield combining into Farmers. The structure anticipates issuing Farmers’ common stock to Middlefield shareholders, indicated by the plan to file a Form S-4. This points to an equity-based consideration framework, though specific terms are not included in the excerpt.

Completion requires regulatory clearances and shareholder approvals. The filing notes integration, customer/employee reaction, and timing risks typical for bank mergers, along with potential changes in economic or interest-rate conditions that could influence outcomes.

The next concrete step is the Form S-4 and joint proxy statement/prospectus. Shareholder vote timing and closing are not specified in the excerpt; subsequent filings will detail the exchange mechanics and dates.

Middlefield Banc Corp. (MBCN) ha annunciato di aver stipulato un Accordo e un Piano di Fusione con Farmers National Banc Corp. L'operazione prevede la fusione di Middlefield in Farmers, unendo le due società quotate che detengono banche con sede in Ohio.

Le società hanno riferito che Farmers prevede di presentare un Modulo S-4 per registrare le azioni ordinarie di Farmers che saranno emesse agli azionisti di Middlefield, e una dichiarazione congiunta di procuration/prospetto cercherà le approvazioni da entrambe le basi azionarie. La fusione resta soggetta a condizioni abituali, inclusi l'approvazione regolamentare e quella degli azionisti. Un comunicato stampa congiunto e una presentazione agli investitori che delineano l'accordo sono stati forniti come Allegati 99.1 e 99.2.

Middlefield Banc Corp. (MBCN) anunció que llegó a un Acuerdo y Plan de Fusión con Farmers National Banc Corp. La operación prevé la fusión de Middlefield en Farmers, uniendo a las dos compañías de holding bancario con sede en Ohio.

Las empresas informaron que Farmers espera presentar un Formulario S-4 para registrar las acciones comunes de Farmers que serán emitidas a los accionistas de Middlefield, y una declaración de procuración/prospecto conjunta buscará las aprobaciones de ambas bases de accionistas. La fusión sigue sujeta a condiciones habituales, incluyendo aprobaciones regulatorias y de los accionistas. Un comunicado de prensa conjunto y una presentación para inversionistas que detallan el acuerdo fueron presentados como Exhibits 99.1 y 99.2.

Middlefield Banc Corp. (MBCN)가 Farmers National Banc Corp.와 합병 계약 및 계획에 서명했다고 발표했다. 이 거래는 Middlefield를 Farmers에 합병하여 오하이오주에 본사를 둔 두 은행 지주 회사를 하나로 합치는 것이다.

양사는 Farmers가 Middlefield 주주들에게 발행될 Farmers 보통주를 등록하기 위한 Form S-4를 제출할 예정이며, 양측의 주주를 대상으로 한 공동 위임장/공개설명을 통해 승인을 얻을 것이라고 밝혔다. 합병은 규제 승인 및 주주 승인 등 일반적인 조건에 여전히 달려 있다. 거래를 요약한 공동 보도자료와 투자자 프리젠테이션이 Exhibits 99.1 및 99.2로 제공되었다.

Middlefield Banc Corp. (MBCN) a annoncé qu'il avait conclu un accord et un plan de fusion avec Farmers National Banc Corp. L'opération prévoit la fusion de Middlefield dans Farmers, réunissant les deux sociétés holding bancaires basées dans l'Ohio.

Les entreprises ont indiqué que Farmers prévoit de déposer un formulaire S-4 pour enregistrer les actions ordinaires de Farmers qui seront émises aux actionnaires de Middlefield, et qu'une déclaration de procuration/prospectus conjointe sollicitera les approbations des deux bases d'actionnaires. La fusion reste soumise à des conditions habituelles, y compris les approbations réglementaires et des actionnaires. Un communiqué conjoint et une présentation aux investisseurs exposant l'accord ont été fournis comme Exhibits 99.1 et 99.2.

Middlefield Banc Corp. (MBCN) gab bekannt, dass es eine Vereinbarung und einen Fusionsplan mit Farmers National Banc Corp. getroffen hat. Die Transaktion sieht die Fusion von Middlefield in Farmers vor, wodurch die beiden in Ohio ansässigen Bankholding-Gesellschaften zusammengeschlossen werden.

Die Unternehmen teilten mit, dass Farmers beabsichtigt, ein Formular S-4 einzureichen, um die Farmers-Stammaktien zu registrieren, die an die Middlefield-Aktionäre ausgegeben werden sollen, und ein gemeinsames Proxy-Statement/Prospekt die Genehmigungen beider Aktionärskreise anstreben wird. Die Fusion bleibt üblichen Bedingungen unterworfen, einschließlich behördlicher und Aktionärsfreigaben. Eine gemeinsame Pressemitteilung und eine Investorenpräsentation, die das Geschäft umreißen, wurden als Exhibits 99.1 und 99.2 vorgelegt.

false 0000836147 0000836147 2025-10-22 2025-10-22
 
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
 
October 22, 2025
(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
NASDAQ Capital Market
 
 

 
 
ITEM 8.01  OTHER EVENTS
 
On October 22, 2025, Middlefield Banc Corp. (the “Company”) issued a joint press release announcing that it had entered into an Agreement and Plan of Merger with Farmers National Banc Corp., an Ohio corporation and bank holding company (“Farmers”) providing for, among other things, the merger of the Company with and into Farmers (the “Merger”). A copy of the joint press release, as well as a copy of the accompanying investor presentation, are furnished as Exhibit 99.1 and Exhibit 99.2 hereto, respectively, and incorporated herein by reference.
 
Forward-Looking Statements
 
This current report on Form 8-K contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are not statements of historical fact, but rather statements based on the Company’s current expectations, beliefs and assumptions regarding the future of the Company’s business, future plans and strategies, projections, anticipated events and trends, its intended results and future performance, the economy and other future conditions. Forward-looking statements are preceded by terms such as “will,” “would,” “should,” “could,” “may,” “expect,” “estimate,” “believe,” “anticipate,” “intend,” “plan” “project,” or variations of these words, or similar expressions.
 
Forward-looking statements are not a guarantee of future performance and actual future results could differ materially from those contained in forward-looking information. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. Numerous uncertainties, risks, and changes could cause or contribute to the Company’s actual results, performance, and achievements to be materially different from those expressed or implied by the forward-looking statements. Factors that may cause or contribute to these differences include, without limitation, risks that the proposed merger transaction will not close when expected or at all because required regulatory, shareholder or other approvals or conditions to closing are delayed or not received or satisfied on a timely basis or at all; risks that the benefits from the transaction may not be fully realized or may take longer to realize than expected, including as a result of changes in general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which the Company and Farmers operate; uncertainties regarding the ability of Farmers to promptly and effectively integrate the Company with its businesses in accordance with expectations; changes in business and operational strategies that may occur between signing and closing; uncertainties regarding the reaction to the transaction of the companies’ respective customers, employees, and contractual counterparties; and risks relating to the diversion of management time on merger-related issues; and other factors disclosed periodically in the Company’s filings with the Securities and Exchange Commission (“SEC”).
 
Because of the risks and uncertainties inherent in forward-looking statements, readers are cautioned not to place undue reliance on them, whether included in this report or made elsewhere from time to time by the Company or Farmers or on the Company or Farmer’s behalf. The Company and Farmers disclaim any obligation and do not intend to update or revise any forward-looking statements contained in this communication, which speak only as of the date hereof, whether as a result of new information, future events or otherwise, except as required by federal securities laws.
 
Additional factors which could affect future results of the Company can be found in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and the Current Reports on Form 8-K, in each case filed with the SEC and available on the SEC’s website at https://www.sec.gov.
 
Information about the Merger and Where to Find It
 
In connection with the proposed Merger, Farmers expects to file a registration statement on Form S-4 with the SEC to register the shares of Farmers’ common stock that will be issued to the Company’s shareholders in connection with the Merger (the “Registration Statement”). The Registration Statement will include a joint proxy statement of the Company and Farmers that also constitutes a prospectus of Farmers. When available, the definitive joint proxy statement will be sent to the shareholders of Farmers and the Company seeking their approval of the proposed Merger. This communication is not a substitute for the joint proxy statement/prospectus or Registration Statement or for any other document that the Company or Farmers may file with the SEC and send to the Company’s shareholders in connection with the proposed merger transaction.
 
INVESTORS AND SECURITY HOLDERS ARE URGED TO CAREFULLY READ THE REGISTRATION STATEMENT AND ACCOMPANYING JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED MERGER TRANSACTION WHEN IT BECOMES AVAILABLE ANDANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
 
 

 
Investors and security holders will be able to obtain free copies of the Registration Statement on Form S-4 (when available) and other documents containing information about the Company, Farmers, and the proposed merger transaction filed with the SEC through the website maintained by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC by the Company will be available free of charge on the Company’s website at https://www.middlefieldbank.com or may be obtained from the Company by written request to Middlefield Banc Corp., 15985 East High Street, Middlefield, Ohio 44062, Attention: Investor Relations. Copies of the documents filed with the SEC by Farmers will be available free of charge on Farmers’ website at https://www.farmersbankgroup.com or may be obtained from Farmers by written request to Farmers National Banc Corp., 20 South Broad Street, Canfield, Ohio 44406, Attention: Investor Relations.
 
Participants in the Solicitation
 
The respective directors and executive officers of the Company and Farmers and other persons may be deemed to be participants in the solicitation of proxies from Farmers shareholders and Company shareholders with respect to the Merger. Information regarding the directors and executive officers of the Company is available in its proxy statement filed with the SEC on April 4, 2025. Information regarding the directors and executive officers of Farmers, is set forth in the proxy statement for Farmers’ 2025 annual meeting of shareholders, as filed with the SEC on March 18, 2025. Additional information regarding the interests of those participants and other persons who may be deemed participants may be obtained by reading the joint proxy statement/prospectus included in the Registration Statement and other relevant documents regarding the proposed merger transaction filed with the SEC when they become available. Copies of these documents may be obtained free of charge from the sources described above.
 
No Offer or Solicitation
 
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale is unlawful before registration or qualification of the securities under the securities laws of the jurisdiction. No offer of securities shall be made except by means of a prospectus satisfying the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.
 
 
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
 
The following exhibits are furnished to this Current Report on Form 8-K:
 
 
(d)
Exhibits.
 
 
99.1
Joint Press Release dated October 22, 2025
     
 
99.2
Investor Presentation dated October 22, 2025
 
 
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: October 22, 2025
/s/ Ronald L. Zimmerly, Jr
 
 
President and Chief Executive Officer
 
     
 
 

FAQ

What did Middlefield Banc Corp. (MBCN) announce?

The company entered into an Agreement and Plan of Merger to combine with Farmers National Banc Corp., with Middlefield merging into Farmers.

Will Farmers issue shares to complete the MBCN merger?

Yes. Farmers expects to file a Form S-4 to register shares of its common stock to be issued to Middlefield shareholders.

What approvals are required for the MBCN–Farmers merger?

The merger is subject to regulatory and shareholder approvals and other customary closing conditions.

Where can investors find official merger documents for MBCN?

When available, the Form S-4 and joint proxy statement/prospectus will be on sec.gov and the companies’ investor relations websites.

What exhibits accompanied the announcement?

A joint press release (Exhibit 99.1) and an investor presentation (Exhibit 99.2) dated October 22, 2025.

What risks to closing did the companies highlight?

Potential delays or failure to obtain approvals, integration challenges, and changes in economic conditions and competition.
Middlefield Banc Corp

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