Middlefield Banc Corp. Announces First Quarter 2012 Cash Dividend

MIDDLEFIELD, Ohio, Feb. 15, 2012 /PRNewswire/ -- Middlefield Banc Corp. (OTCQB: MBCN) today announced that the company's board of directors has declared a quarterly cash dividend of $0.26 per common share payable on March 15, 2012, to shareholders of record on March 2, 2012.  This cash dividend represents an amount equal to that paid in the first quarter of 2011.   

Middlefield Banc Corp., headquartered in Middlefield, Ohio, is a multi-bank holding company with total assets in excess of $654 million.  Its subsidiary, The Middlefield Banking Company, operates full service banking centers and a LPL Financial brokerage office serving Chardon, Cortland, Garrettsville, Mantua, Middlefield, Newbury and Orwell, Ohio.  The company also serves the central Ohio market through its Emerald Bank subsidiary, with offices in Dublin and Westerville, Ohio.  Additional information is available at www.middlefieldbank.com and www.emeraldbank.com.

This announcement contains forward-looking statements that involve risk and uncertainties, including changes in general economic and financial market conditions and the Company's ability to execute its business plans.  Although management believes the expectations reflected in such statements are reasonable, actual results may differ materially.   

Contact:

James R. Heslop, 2nd

 

Executive Vice President/Chief Operating Officer

 

(440) 632-1666 Ext. 3219

 

jheslop@middlefieldbank.com

SOURCE Middlefield Banc Corp.



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