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Middlefield Banc Corp. to Trade on Nasdaq Wednesday
MIDDLEFIELD, Ohio -- Common stock of the Middlefield Banc Corp., holding company of The Middlefield Banking Co., will begin trading on the Nasdaq Capital Market stock exchange effective with the opening of trading Sept. 10.
Shares will trade under the symbol MBCN.
"The listing of our common stock on Nasdaq represents another significant milestone in the 113-year history of The Middlefield Banking Co.," said Thomas G. Caldwell, president and CEO, in a prepared ststement. "As we continue to grow and mature as a company, the listing will enable current and potential shareholders greater liquidity to trade in our stock, price visibility into the value of the company and increased exposure of our company outside of our historical operating markets. Listing our common stock on a national stock exchange is another important step in our strategic plan to position the company for the future."
Middlefield Banc Corp. has total assets in excess of $672 million as of June 30. The bank operates 10 full-service offices and an LPL Financial brokerage office that serves Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, and Westerville, Ohio.
Pictured: Middlefield Bank footprint.
Published by The Business Journal, Youngstown, Ohio.
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