SB Financial closes $5.0M Marblehead Bancorp acquisition; adds Ottawa County, OH footprint

SB FINANCIAL GROUP, INC.

Shareholders of Marblehead received $196.31 per share in cash; total consideration of ~$5.0M.
Combined company now manages ~$1.4B in assets; expands State Bank's footprint to Ottawa County, Ohio.
Marblehead Bank merged into State Bank; both branch offices on the Marblehead Peninsula retained.
Deal unanimously approved by both boards and Marblehead shareholders; closed January 17, 2025.
SB Financial expects to enhance service in Northwest Ohio with expanded financial product suite.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.