Middlefield Banc Corp. (MBCN) financial statements (2021 and earlier)

Company profile

Business Address 15985 E HIGH ST
MIDDLEFILED, OH 44062-9263
State of Incorp. OH
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments9336109403224180
Cash and cash equivalents933510840322426
Short-term investments111   154
Total current assets:9336109403224180
Noncurrent Assets
Operating lease, right-of-use asset11
Property, plant and equipment18181312111010
Intangible assets, net (including goodwill)17171718555
Goodwill15151515555
Intangible assets, net (excluding goodwill)2223000
Total noncurrent assets:36363030161415
Other undisclosed assets1,2631,1111,1091,037740697483
TOTAL ASSETS:1,3921,1821,2481,106788735678
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 59075683615
Total current liabilities: 59075683615
Noncurrent Liabilities
Other undisclosed liabilities1,2481,0401,030912643637599
Total liabilities:1,2481,0451,120986711673614
Stockholders' equity
Stockholders' equity attributable to parent144138128120776264
Common stock87878685483636
Treasury stock, value(17)(16)(14)(14)(14)(14)(7)
Accumulated other comprehensive income (loss)42(0)1123
Retained earnings70655647413733
Total stockholders' equity:144138128120776264
TOTAL LIABILITIES AND EQUITY:1,3921,1821,2481,106788735678

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1555048333130
Gain on disposition of assets for financial service operations1  
Net investment income 555044302928
Cost of revenue(10)(1)(1)(1)(1)(0)(0)
Provision for loan, lease, and other losses(10)(1)(1)
Financial services costs(1)(1)(0)(0)
Gross profit:(8)545047323130
Operating expenses(7)(7)(6)(21)(1) (1)
Operating income (loss):(16)474325313129
Nonoperating income1  0110
Investment income, nonoperating      0
Gains (losses) on sales of other real estate0   0 (0)
Bank owned life insurance income0  0010
Interest and debt expense(9)(13)(10)(7)(4)(4)(4)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes34(18)(19)(5)(19)(19)(16)
Income from continuing operations before income taxes:10151514889
Income tax expense(1)(3)(2)(4)(2)(2)(2)
Net income available to common stockholders, diluted:813129677

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:813129677
Other comprehensive income (loss) 2(1)(0)(1)(0)5
Comprehensive income:8151195712
Other undisclosed comprehensive income, net of tax, attributable to parent2      
Comprehensive income, net of tax, attributable to parent:11151195712

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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