secwatch.observer — SEC 8-K summary
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Issuer:     SB FINANCIAL GROUP, INC. (SBFG)
CIK:        0000767405
Form:       8-K
Filed at:   2025-01-21T23:59:59+00:00
Accession:  0001213900-25-004991
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/767405/000121390025004991/0001213900-25-004991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/767405/000121390025004991/ea0228118-8k_sbfin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-004991

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