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Charles O. Moore Joins The Middlefield Banking Company As Central Ohio Regional President

Middlefield Banc Corp. 2016 Press Releases

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Company
Contact:
Thomas G. Caldwell
President/Chief Executive Officer
Middlefield Banc Corp.
(440) 632-1666 Ext. 3200
Date: January 7, 2016

The Middlefield Banking Company today announced that Charles O. Moore has joined the company as Central Ohio Regional President. In this position, Mr. Moore will be responsible for managing and growing the company’s Central Ohio Region.

Mr. Moore has over 25 years of banking experience. Prior to joining Middlefield, Mr. Moore was EVP, Chief Risk and Consumer Banking Officer with Delaware County Financial Corporation, and has served in executive positions with Regency Finance Company, U.S. Bank and Banc One. He is a veteran of the U.S. Marine Corps and the U.S. Army National Guard. He is a graduate of Ohio Dominican College and the University of the State of New York. Mr. Moore was formally the Deputy Superintendent of Consumer Finance and Consumer Affairs for the State of Ohio and is currently on the boards of the Ohio Mortgage Bankers Association, the Ohio Dominican College Patriots and Finance curriculum, the Central Ohio Symphony Orchestra, and the Delaware County United Way.

Mr. Moore lives in New Albany with his family, and his office will be located at Middlefield’s Dublin, Ohio Branch at 6215 Perimeter Drive.

President and CEO Thomas G. Caldwell stated, “Chuck is a seasoned banker, having spent over 25 years at various financial institutions in the Columbus market. He has a solid management track record and we are thrilled to have Chuck leading our Central Ohio region. Chuck’s hiring is the latest in a number of important personnel decisions we have made over the past 12 months to enhance our leadership team and drive growth. I look forward to working with Chuck and growing Middlefield’s presence in our Central Ohio region.”

Middlefield Banc Corp., headquartered in Middlefield, Ohio, is a bank holding company with total assets of $710.6 million at September 30, 2015. The bank operates 10 full service banking centers and an LPL Financial® brokerage office serving Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, 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.

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