The Middlefield Banking Company Enhances Leadership Team to Support Continued Growth

Rebecca Noblit Promoted to Chief Credit Officer

Michael Cheravitch Named Chief Banking Officer

MIDDLEFIELD, Ohio, Jan. 04, 2024 (GLOBE NEWSWIRE) -- The Middlefield Banking Company, a wholly owned subsidiary of Middlefield Banc Corp. (NASDAQ: MBCN), today announced enhancements to its leadership team to support the Company’s growth across its Central, Western, and Northeast Ohio markets. Rebecca Noblit has been promoted to Chief Credit Officer, succeeding Alfred F. Thompson Jr. who will retire from the Company on February 1, 2024. In addition, Michael Cheravitch has joined The Middlefield Banking Company as Chief Banking Officer.

Ronald L. Zimmerly, Jr., President, and Chief Executive Officer, stated, “I am thrilled to welcome both Becca and Mike to our executive team, as we remain focused on developing talent from within the Company and attracting leading bankers from outside our organization. Becca has a long track record within the Bank and knows our organization and customers well. Mike brings an impressive resume with deep expertise across Commercial, Business, and Consumer Banking. Their collective experience and thoughtful leadership will serve our customers, teammates, shareholders, and communities well.”

Mr. Zimmerly added, “I also want to thank Al for his 27 years of dedication and service to the Bank. On behalf of everyone at Middlefield, I wish Al all the best in his well-deserved retirement.”

Rebecca Noblit Promoted to Chief Credit Officer
As Chief Credit Officer, Noblit will be responsible for leading the Company’s credit administration and loan administration programs. Noblit joined Middlefield as part of the December 2022 Liberty National Bank acquisition, and most recently served as Middlefield’s Credit Administration, Senior Vice President. Noblit served as Liberty National Bank’s Chief Credit Officer, Senior Vice President from September 2017 to November 2022. Prior to this, Noblit held roles at Delaware County Bank, Huntington National Bank, and Fifth Third Bank. She has a Bachelor of Science in Business Administration from The Ohio State University and a Master of Business Administration from Ohio Dominican University.