Farmers National Banc Corp. and Middlefield Banc Corp. have entered into a definitive agreement under which Middlefield will merge with and into Farmers in an all-stock transaction. Under the terms, each share of Middlefield common stock will be converted into the right to receive 2.6 shares of Farmers common stock. The combined company will have approximately $7.4 billion in assets and 83 branch locations throughout Ohio and western Pennsylvania. The transaction is expected to close by the end of the first quarter of 2026, following required approvals.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Middlefield Banc Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-031460), on October 22, 2025, and is solely responsible for the information contained therein.