---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-004991"
form_type: "8-K"
ticker: "SBFG"
cik: "0000767405"
company_name: "SB FINANCIAL GROUP, INC."
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T22:43:10.920418+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-004991
- form_type: 8-K
- ticker: SBFG
- cik: 0000767405
- company_name: SB FINANCIAL GROUP, INC.
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/767405/000121390025004991/0001213900-25-004991-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/767405/000121390025004991/ea0228118-8k_sbfin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-004991
- JSON: https://secwatch.observer/filing/0001213900-25-004991.json
- Plain text: https://secwatch.observer/filing/0001213900-25-004991.txt

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