MIDDLEFIELD BANC CORP

MBCN

Financials · State Commercial Banks · OH · SEC filings ↗ · Compare ⊕

Financials

SEC XBRL · annual

	FY24	FY23	FY22	FY21	FY20	FY19
Revenue	—	—	—	—	—	—
Operating income	—	—	—	—	—	—
Net income	$15.5M	$17.4M	$15.7M	$18.6M	$1.0M	$3.0M
Total assets	$1.85B	$1.82B	$1.69B	$1.33B	$1.39B	$1.18B
Total liabilities	$1.64B	$1.62B	$1.49B	$1.19B	$1.25B	$1.04B
Equity	$210.6M	$205.7M	$197.7M	$145.3M	$143.8M	$137.8M
EPS (diluted)	$1.92	$2.14	$2.59	$3.00	$0.16	$0.46
Shares out.	8.1M	8.1M	5.9M	6.4M	6.4M	3.6M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2024

Operating margin: —
Net margin: —
Return on equity: 7.4%
Return on assets: 0.8%
Return on capital (ROCE): —
Liabilities / assets: 88.6%
Debt / equity: 7.80×
Book value / share: $26.09
Revenue growth (YoY): —
Net income growth (YoY): −10.6%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2024

Accruals / assets: −0.1%clean
Piotroski F-Score: 5/6mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score

/ 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 1 warning● 2 good

High leverage (liabilities > 70% of assets)
Positive operating cash flow
Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Castle Creek Capital Partners Vi, LpActivist (13D)Feb 4, 2026
Vanguard Group IncPassive (13G)Jul 29, 2025

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly

Settlement	Shares short	Days to cover	Δ vs prior
Feb 27, 2026	40,111	1.0	+13.4%
Feb 13, 2026	35,363	1.0	+9.3%
Jan 30, 2026	32,355	1.4	-13.2%
Jan 15, 2026	37,266	2.5	+14.0%
Dec 31, 2025	32,679	2.4	-31.9%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (2)

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