---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-069401"
form_type: "8-K"
ticker: "SBFG"
cik: "0000767405"
company_name: "SB FINANCIAL GROUP, INC."
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T09:09:30.287416+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# SB Financial (SBFG) to acquire Marblehead Bancorp for ~$5M cash, adds Ohio branches

## Summary
- Marblehead shareholders receive $196.31 cash per share; aggregate value ~$5.0 million.
- Acquisition adds 3 branches in Ottawa County, OH; combined assets ~$1.4B (pro forma 6/30/24).
- Transaction expected to close in Q4 2024, pending regulatory and Marblehead shareholder approvals.
- Boards of both companies unanimously approved; merger aligns with SB Financial's strategic growth.
- Janney Montgomery Scott served as Marblehead's financial advisor; Vorys advised SB Financial.

## SEC filing metadata
- accession: 0001213900-24-069401
- form_type: 8-K
- ticker: SBFG
- cik: 0000767405
- company_name: SB FINANCIAL GROUP, INC.
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/767405/000121390024069401/0001213900-24-069401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/767405/000121390024069401/ea0211459-8k_sbfin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-069401
- JSON: https://secwatch.observer/filing/0001213900-24-069401.json
- Plain text: https://secwatch.observer/filing/0001213900-24-069401.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.