Middlefield Banc Corp. operates as the bank holding company for The Middlefield Banking Company that provides various commercial banking services to small and medium-sized businesses, professionals, small business owners, and retail customers in northeastern and central Ohio. More Details
How has Middlefield Banc performed over the past 5 years?
10.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MBCN has high quality earnings.
Growing Profit Margin: MBCN's current net profit margins (21.1%) are lower than last year (28%).
Past Earnings Growth Analysis
Earnings Trend: MBCN's earnings have grown by 10.9% per year over the past 5 years.
Accelerating Growth: MBCN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MBCN had negative earnings growth (-34.2%) over the past year, making it difficult to compare to the Banks industry average (0.5%).
Return on Equity
High ROE: MBCN's Return on Equity (5.8%) is considered low.
How experienced are the management team and are they aligned to shareholders interests?
20.3yrs
Average management tenure
CEO
Thomas Caldwell (63 yo)
20.33yrs
Tenure
US$529,888
Compensation
Mr. Thomas G. Caldwell has been the Chief Executive Officer and President of Middlefield Banc Corp. since October 2000. Mr. Caldwell serves as the President and Chief Executive Officer of The Middlefield B...
CEO Compensation Analysis
Compensation vs Market: Thomas's total compensation ($USD529.89K) is below average for companies of similar size in the US market ($USD950.27K).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
Leadership Team
Name
Position
Tenure
Compensation
Ownership
Thomas Caldwell
President
20.33yrs
US$529.89k
0.80% $ 1.2m
Donald Stacy
Senior VP
20.33yrs
US$255.93k
0.12% $ 178.4k
James Heslop
Executive VP
19.25yrs
US$343.42k
0.43% $ 663.6k
Andrew Berger
Managing Director
no data
no data
no data
Teresa Hetrick
Executive Vice President of Deposit Services
no data
no data
0.027% $ 41.9k
Charles Moore
President of Central Ohio Region - Middlefield Banking Company
5.08yrs
no data
0.051% $ 78.2k
Julie Amsden
Corporate Secretary
2.08yrs
no data
no data
Thomas Hart
Financial Consultant
no data
no data
no data
20.3yrs
Average Tenure
63yo
Average Age
Experienced Management: MBCN's management team is seasoned and experienced (20.3 years average tenure).
Board Members
Name
Position
Tenure
Compensation
Ownership
Thomas Caldwell
President
20.33yrs
US$529.89k
0.80% $ 1.2m
James Heslop
Executive VP
19.25yrs
US$343.42k
0.43% $ 663.6k
Darryl Mast
Independent Director
7.75yrs
US$47.84k
0.54% $ 825.5k
James McCaskey
Independent Vice Chairman
1.75yrs
US$49.09k
0.14% $ 215.6k
Carolyn Turk
Independent Director
17.08yrs
US$55.59k
0.47% $ 712.5k
Kenneth Jones
Independent Director
13.08yrs
US$41.94k
0.14% $ 217.8k
Michael Voinovich
Director
0.75yr
no data
0.14% $ 206.2k
William Skidmore
Independent Chairman of the Board
1.75yrs
US$54.84k
0.29% $ 441.1k
Robert Toth
Independent Director
11.75yrs
US$43.84k
0.98% $ 1.5m
Clayton Rose
Independent Director
7.08yrs
US$46.59k
0.25% $ 387.7k
Thomas Bevan
Independent Director
4.08yrs
US$21.00k
0.79% $ 1.2m
7.8yrs
Average Tenure
64yo
Average Age
Experienced Board: MBCN's board of directors are considered experienced (7.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MBCN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Middlefield Banc Corp.'s company bio, employee growth, exchange listings and data sources
Middlefield Banc Corp. operates as the bank holding company for The Middlefield Banking Company that provides various commercial banking services to small and medium-sized businesses, professionals, small ...
Company Analysis and Financial Data Status
All financial data provided by Standard & Poor's Capital IQ.
Data
Last Updated (UTC time)
Company Analysis
2021/02/24 23:57
End of Day Share Price
2021/02/24 00:00
Earnings
2020/12/31
Annual Earnings
2020/12/31
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.