Middlefield Banc Corp (MBCN) Files Form 4 Insider Buying : Thomas G Caldwell Buys 500 Shares

Middlefield Banc Corp (MBCN): Thomas G Caldwell , President/Chief Executive Offi of Middlefield Banc Corp purchased 500 shares on May 24, 2016. The Insider buying transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were purchased at $33.00 per share for a total value of $16,500.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 25, 2016, James R Ii Heslop (COO) purchased 221 shares at $33.00 per share price.On May 16, 2016, William J Skidmore (director) purchased 758 shares at $33.00 per share price.Also, On May 16, 2016, Carolyn J Turk (director) purchased 1,000 shares at $33.00 per share price.On May 16, 2016, Eric W Hummel (director) purchased 10,000 shares at $33.00 per share price.

On May 12, 2016, Middlefield Banc Corp announced a cash dividend of $0.2700. The company’s management has announced Jun 1, 2016 as the ex-dividend date and fixed the record date on Jun 3, 2016. The payable date has been fixed on Jun 15, 2016.

Middlefield Banc Corp. is a bank holding company. The Company’s subsidiaries include The Middlefield Banking Company (MBC) and EMORECO Inc. MBC is engaged in the general commercial banking business in northeastern Ohio. MBC offers customers a broad range of banking services including checking savings negotiable order of withdrawal (NOW) accounts money market accounts time certificates of deposit commercial loans real estate loans a variety of consumer loans safe deposit facilities and travelers’ 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.com. MBC offers its services to small and medium-sized businesses professionals small business owners and retail customers. EMORECO engages in the resolution and disposition of troubled assets in central Ohio.

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