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Classified in: Business
Subject: CXP

SB Financial Group Announces Expansion into the Northeastern Ohio Market


DEFIANCE, Ohio, Oct. 20, 2017 /PRNewswire/ -- SB Financial Group, Inc. (NASDAQ: SBFG), ("SB Financial" or the "Company"), announced today the opening of a new business development office located at 29580 Center Ridge Road, Westlake, Ohio.

Providing customers with personalized solutions for all their Small Business Lending and Wealth Management needs are Mark Mediate and Chuck Cammock.  Mr. Mediate recently joined the State Bank team as a SBA Business Development Officer, and Mr. Cammock joined the team earlier in 2017 as a Retirement Plans Specialist.  

"We are pleased to announce our expansion into this market," said Chairman, President and CEO, Mark Klein.  "Given the changes to the banking landscape in the area, and the familiarity several of our executives have for Northeastern Ohio, the time is right to bring our community-focused banking to the market."

About SB Financial Group, Inc.

Headquartered in Defiance, Ohio, SB Financial is a diversified financial services holding company with two operating subsidiaries: State Bank and DCM. State Bank provides a full range of financial services for consumers and small businesses, including wealth management, private client group services, mortgage banking and commercial and agricultural lending, operating through a total of 19 banking centers; 18 in nine Ohio counties and one center in Fort Wayne, Indiana, and 24 full-service ATMs.  The Company has seven loan production offices located throughout the Tri-State region of Ohio, Indiana and Michigan.  DCM provides item processing services to community banks located primarily in the Midwest.  SB Financial's common stock is listed on the NASDAQ Capital Market under the symbol "SBFG".  SB Financial's preferred stock is listed on the NASDAQ under the symbol "SBFGP".  

In May 2017, SB Financial was ranked #145 on the American Banker Magazine's list of Top 200 Publicly Traded Community Banks and Thrifts based on three-year average return on equity ("ROE").

SOURCE SB Financial Group


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