Brett Baumeister Joins The Middlefield Banking Company as Senior Vice President – Commercial Lending Western Region
22 August 2023 - 2:00PM
The Middlefield Banking Company, a wholly owned subsidiary of
Middlefield Banc Corp. (NASDAQ: MBCN), today announced the
appointment of Brett Baumeister as the Senior Vice President –
Commercial Lending Western Region.
“Brett is a proven banker and leader with over
30 years of experience serving communities throughout Western Ohio.
His appointment follows the recent additions of new commercial
market executives in both Central and Northeast Ohio. With a strong
leadership team in place, we are well positioned to grow by serving
the local needs of our Western, Central, and Northeast Ohio
markets. I am excited to work with Brett and look forward to his
contributions to The Middlefield Banking Company,” said Ronald L.
Zimmerly, Jr., Middlefield’s President.
Baumeister brings 33 years of banking and
leadership experience to The Middlefield Banking Company. Most
recently, he was the Senior Vice President/Regional President at
F&M Bank, and responsible for managing the bank’s Southern Ohio
market. Prior to his tenure at F&M Bank, Brett’s career
includes advancing leadership roles at Mutual Federal, a division
of First Bank Richmond, Park National Corporation, National City
Corporation, and Citizens National Bank of Norwalk. Baumeister is
actively involved in a number of community and nonprofit
organizations throughout Ohio and was named the Piqua Area Chamber
of Commerce Business Person of the Year in 2016. Baumeister is a
graduate of the University of Toledo, and the Stonier Graduate
School of Banking.
About Middlefield Banc
Corp.Middlefield Banc Corp., headquartered in Middlefield,
Ohio, is the Bank holding Company of The Middlefield Banking
Company, with total assets of $1.75 billion at June 30, 2023. The
Bank operates 21 full-service banking centers and an LPL
Financial® brokerage office serving Ada, Beachwood,
Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton,
Mantua, Marysville, Middlefield, Newbury, Orwell, Plain City,
Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also
operates a Loan Production Office in Mentor, Ohio.
Additional information is available
at www.middlefieldbank.bank
FORWARD-LOOKING STATEMENTSThis 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.
Company Contact: |
Investor and Media Contact: |
James R. Heslop, IIChief
Executive OfficerMiddlefield Banc Corp.(440) 632-1666 Ext.
3219JHeslop@middlefieldbank.com |
Andrew M. BergerManaging
DirectorSM Berger & Company, Inc. (216)
464-6400andrew@smberger.com |
|
|
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/82062436-a19d-46ad-8702-c7e5cc71cafd
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