Middlefield Banc Corp. First Quarter Earnings Increase 52% to $1.5 million

MIDDLEFIELD, Ohio, April 24, 2012 /PRNewswire/ -- Middlefield Banc Corp. (OTCQB:  MBCN), reported net income of $1.523 million for the quarter ended March 31, 2012, compared to $1.002 million for the quarter ended March 31, 2011, an increase of 52%.  On a per share basis, the Company's diluted earnings were $0.86 for the 2012 first quarter, as compared to $0.62 for the comparable period of 2011. Annualized returns on average equity ("ROE") and average assets ("ROA") for the 2012 quarter we...continued MBCN  banks savings mortgage

URL: http://www.investorpoint.com/news/INTHPINK/50620959/