Ronald L. Zimmerly, Jr. appointed as President of Middlefield Banc Corp.

Ronald L. Zimmerly, Jr., Mark R. Watkins, and Spencer T. Cohn appointed to Middlefield’s Board of Directors

MIDDLEFIELD, Ohio, Dec. 01, 2022 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (“Middlefield”, or the “Company”) (NASDAQ: MBCN), the bank holding company for The Middlefield Banking Company

It’s a time of change and growth for Middlefield Banc Corp. as Ronald L. Zimmerly, Jr. takes on the role of President of the company. Alongside him, Mark R. Watkins and Spencer T. Cohn have been appointed to Middlefield’s Board of Directors. This marks a significant moment in the company’s history as they continue to evolve and expand their presence in the financial sector.

The addition of Ronald L. Zimmerly, Jr. to the leadership team brings a wealth of experience and expertise. With a proven track record in the financial industry, Zimmerly is poised to lead Middlefield Banc Corp. to new heights of success. His strategic vision and innovative thinking will undoubtedly drive the company forward in the years to come.

Joining him on the Board of Directors, Mark R. Watkins and Spencer T. Cohn bring their own unique perspectives and skills to the table. With a diverse range of backgrounds and experiences, they will play a crucial role in shaping the future direction of Middlefield Banc Corp. and ensuring its continued growth and success.

The completion of the Liberty Bancshares, Inc. merger further solidifies Middlefield’s position in the market. This strategic move will provide the company with new opportunities for expansion and growth, allowing them to better serve their customers and stakeholders. As Middlefield Banc Corp. continues to evolve and adapt to the changing landscape of the financial industry, these developments will be instrumental in shaping its future success.

How will this affect me?

As a customer or shareholder of Middlefield Banc Corp., you can expect to see positive changes and growth as a result of these appointments and the completion of the merger. With a strong leadership team in place and a strategic vision for the future, the company is well-positioned to continue providing excellent service and value to its customers and stakeholders.

How will this affect the world?

While the impact of these changes may be more localized to the financial industry, the success of Middlefield Banc Corp. has broader implications for the economy as a whole. As the company grows and expands its reach, it will create new opportunities for job creation and economic growth in the communities it serves. By fostering innovation and driving positive change in the industry, Middlefield Banc Corp. is contributing to a more stable and prosperous financial landscape.

Conclusion

In conclusion, the appointment of Ronald L. Zimmerly, Jr. as President of Middlefield Banc Corp. and the addition of Mark R. Watkins and Spencer T. Cohn to the Board of Directors mark an exciting new chapter in the company’s history. With these strategic moves and the completion of the Liberty Bancshares, Inc. merger, Middlefield is well-positioned for success and growth in the future. Customers, shareholders, and the broader economy can all expect to benefit from the continued evolution and expansion of this dynamic financial institution.