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Farmers And Middlefield Boards Approve All-Stock Merger Valued At $299M Enhancing Scale, Operating Leverage, And Competitive Position Across Ohio And Western Pennsylvania

Author: Benzinga Newsdesk | October 22, 2025 06:53am

The merger will create the region's premier community banking franchise with over $7 billion total assets
Unlocks meaningful growth opportunities and improves competitive positioning as a top Midwest community bank franchise
83 branches serving Northeast and Central Ohio and Western Pennsylvania
Enhances profitability profile through increased operating leverage
Accretive to pro forma TCE/TA
Transaction expected to close by the end of the first quarter of 2026 after shareholder and regulatory approvals

Posted In: FMNB MBCN