Independent Proxy Advisory Firm ISS Recommends Shareholders Vote “FOR” Middlefield Banc Corp. Proposed Merger with Farmers National Banc Corp.
Globenewswire·2026-01-30 14:17

Core Viewpoint - Institutional Shareholder Services, Inc. (ISS) has recommended shareholders of Middlefield Banc Corp. to vote "FOR" the proposed merger with Farmers National Banc Corp. at the Special Meeting of Shareholders scheduled for February 10, 2026 [1][2] Company Overview - Middlefield Banc Corp. is headquartered in Middlefield, Ohio, and serves as the holding company for The Middlefield Banking Company, which has total assets of $1.98 billion as of September 30, 2025 [4] - The bank operates 21 full-service banking centers and a brokerage office, providing services across various locations in Ohio [4] Merger Details - The proposed merger involves Middlefield Banc Corp. merging into Farmers National Banc Corp., which is the holding company for The Farmers National Bank of Canfield [1] - Shareholders are encouraged to vote promptly on the merger and other proposals, with additional information available in the joint proxy statement/prospectus distributed to shareholders [3][5] Voting Information - Shareholders who have not yet voted are reminded to do so before the proxy deadline of February 9, 2026, at 11:59 p.m. ET [1][3] - Assistance with voting can be obtained by contacting Alliance Advisors [4] Regulatory Filings - Relevant materials regarding the proposed merger have been filed with the U.S. Securities and Exchange Commission (SEC), including a Registration Statement on Form S-4 and a definitive joint proxy statement/prospectus [5][6] - The joint proxy statement/prospectus has been mailed to shareholders and is available for free on the SEC's website and the websites of Farmers and Middlefield [7]