This presentation contains forward-looking statements within the meaning of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995 concerning Middlefield Banc Corp.'s plans, strategies, objectives, expectations, intentions, financial condition and results of operations. These forward-looking statements reflect management's current views and intentions and are subject to known and unknown risks, uncertainties, assumptions and other factors that could cause the actual results to differ materially from those contemplated by the statements. The significant risks and uncertainties related to Middlefield Banc Corp. of which management is aware are discussed in detail in the periodic reports that Middlefield Banc Corp. files with the Securities and Exchange Commission (the "SEC"), including in the "Risk Factors" section of its Annual Report on Form 10-K and its Quarterly Report on Form 10-Q. Investors are urged to review Middlefield Banc Corp.'s periodic reports, which are available at no charge through the SEC's website at www.sec.govand through Middlefield Banc Corp.'s website at www.middlefieldbank.bankon the "Investor Relations" page. Middlefield Banc Corp. assumes no obligation to update any of these forward-looking statements to reflect a change in its views or events or circumstances that occur after the date of this presentation.
www.middlefieldbank.bank
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Middlefield Banc Corp.
(Nasdaq: MBCN)
Providing financial services throughout
Central, Western and Northeast Ohio
Profitably serving its communities, customers, employees, and shareholders by its commitment to quality, safety and soundness, and maximizing shareholder value
www.middlefieldbank.bank
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Middlefield: A Community Bank That is Safe, Strong and Committed
Highlights
21
Branches
3
Strong and
compelling Ohio
markets
#1
Community
Bank in core NE Ohio and Liberty markets
120+
Years of service
4.30%
2023 first half
net interest
margin
Strategic Strengths
People:
Experienced leadership team
Strong bench of management talent
Management succession with Ron Zimmerly (President) and Mike Ranttila (CFO)
Communities:
Serving attractive Ohio banking markets
Located in three of the top five Ohio counties ranked by median household income
Optimally positioned between rural (funding) and metropolitan (lending) communities
Customers:
Balanced mix of retail and commercial customers
Geauga County in Northeast Ohio is home to the world's 4th largest Amish population
Community Banking Values and Focus:
Providing superior and responsive financial services since 1901
Committed to quality, safety and soundness
Local decision making and community investment creates competitive advantage
Financial Strength:
Profitable throughout the economic cycle and never reported a loss
AOCI impact is minimal
Above peer ROAA, NIM, and Equity/Assets, and Tangible Equity/Assets*
Legacy of returning capital back to shareholders
$582.9 million of maximum borrowing capacity at the FHLB at June 30, 2023
* Please see Reconciliation of Non-GAAP Measures on slide 25
www.middlefieldbank.bank
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Compelling Ohio Banking Franchise
Only independent community bank with exposure to Central, Western and Northeast Ohio Markets
Branches located in counties that have above average median household income, median value of owner-occupied housing, and employment rates
Middlefield locations
www.middlefieldbank.bank
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Middlefield Banc Corp. published this content on 07 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 August 2023 13:21:04 UTC.
Middlefield Banc Corp. is a bank holding company. The Company's subsidiaries include The Middlefield Banking Company (MBC) (the Bank) and EMORECO Inc. MBC is engaged in the general commercial banking business in northeastern, central, and western Ohio. MBC offers customers a range of banking services, including checking, savings, negotiable order of withdrawal (NOW) accounts, money market accounts, time deposits, commercial loans, real estate loans, a variety of consumer loans, safe deposit facilities, and travelersâ checks. MBC offers online banking and bill payment services to individuals and online cash management services to business customers through its website at www.middlefieldbank.bank. The Bank operates approximately 21 full-service banking centers and a financial brokerage office serving Ada, Beachwood, Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton, Mantua, Marysville, Middlefield, and others. MBC also operates a loan production office in Mentor, Ohio.
MIDDLEFIELD BANC CORP. 
