Eric Hollinger joins The Middlefield Banking Company as Senior Vice President - Commercial Lending

Middlefield Banc Corp. 2013 Press Releases

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Contact Info: James R. Heslop, 2nd
Middlefield Banc Corp.
Executive Vice President/Chief Operating Officer
440.632.1666 Ext. 3219
Date: July 29 2013

MIDDLEFIELD, OHIO, The Middlefield Banking Company today announced the hiring of Eric P. Hollinger as Senior Vice President – Commercial Lending.  In this role, Mr. Hollinger will focus on the needs of small businesses in Geauga and Lake Counties.

“The addition of Eric Hollinger reflects our commitment to adding well recognized professionals who share our focus on developing and expanding client centric relationships,” stated Thomas G. Caldwell, President and CEO of The Middlefield Banking Company.  “Eric is highly regarded as a key advisor by entrepreneurs and leaders in the local business community.  We look forward to sharing in his passion for delivering superior customer service.”

In accepting the position with The Middlefield Banking Company, Mr. Hollinger stated, “I am excited to be a part of a team that values true community-focused banking, built on strong interaction with customers and community.  The Middlefield Banking Company, with its local decision-making and ability to craft solutions to the needs of its customers, offers the focus and relationship-enhancing opportunities that I look forward to providing.”

Mr. Hollinger has 30 years of banking and sales-related experience, much of which he acquired at the former Bank One.  Most recently, he served as Senior Vice President, Commercial Lender, with FirstMerit Bank, serving Lake, Geauga, and Cuyahoga counties.

A native of Worthington, OH, Mr. Hollinger holds an MBA from the Weatherhead School of Management at Case Western Reserve University.  He completed his undergraduate degree in Marketing and International Business at Bowling Green State University.  A resident of Chardon, Mr. Hollinger and his wife, Kim, are the parents of three adult children.

The Middlefield Banking Company is an operating subsidiary of Middlefield Banc Corp. (OTCQB:  MBCN).  Headquartered in Middlefield, Ohio, Middlefield Banc Corp. has assets in excess of $657.0 million.  The bank operates full service banking centers and an LPL Financial® brokerage office serving Chardon, Cortland, Garrettsville, Mantua, Middlefield, Newbury, and Orwell, Ohio.  Middlefield Banc Corp. also serves the central Ohio market through its Emerald Bank subsidiary, with offices in Dublin and Westerville, Ohio.  Additional information is available at www.middlefieldbank.com and www.emeraldbank.com.

This press release of Middlefield Banc Corp. and the reports Middlefield Banc Corp. files with the Securities and Exchange Commission often contain "forward-looking statements" relating to present or future trends or factors affecting the banking industry and, specifically, the financial operations, markets and products of Middlefield Banc Corp. These forward-looking statements involve certain risks and uncertainties. There are a number of important factors that could cause Middlefield Banc Corp.'s future results to differ materially from historical performance or projected performance. These factors include, but are not limited to: (1) a significant increase in competitive pressures among financial institutions; (2) changes in the interest rate environment that may reduce interest margins; (3) changes in prepayment speeds, charge-offs and loan loss provisions; (4) less favorable than expected general economic conditions; (5) legislative or regulatory changes that may adversely affect businesses in which Middlefield Banc Corp. is engaged; (6) technological issues which may adversely affect Middlefield Banc Corp.'s financial operations or customers; (7) changes in the securities markets; or (8) risk factors mentioned in the reports and registration statements Middlefield Banc Corp. files with the Securities and Exchange Commission. Middlefield Banc Corp. undertakes no obligation to release revisions to these forward-looking statements or to reflect events or circumstances after the date of this press release.