From GlobeNewswire: 2025-01-17 11:00:00

SB Financial Group, Inc. successfully closed the acquisition of Marblehead Bancorp, Inc., merging Marblehead Bank into State Bank. Shareholders of Marblehead Bancorp received $196.31 per share in cash, totaling approximately $5.0 million. The merger strengthens SB Financial’s presence in Northwest Ohio, now managing around $1.4 billion in assets. Vorys, Sater, Seymour and Pease LLP served as legal counsel to SB Financial, and Janney Montgomery Scott advised Marblehead. This merger allows for an expanded suite of financial services to serve the Marblehead community effectively. Both banks share a commitment to personalized service and community-focused solutions.



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