SB Financial Group Announces Expansion into the Warsaw, Indiana Market

Dienstag, 20.09.2016 23:25 von

PR Newswire

DEFIANCE, Ohio, Sept. 20, 2016 /PRNewswire/ -- SB Financial Group, Inc. (NASDAQ: SBFG), ("SB Financial" or the "Company"), announced today the opening of a new Residential Real Estate loan production office in Warsaw, Indiana.

The Warsaw loan production office will provide customers with personalized solutions for all their residential real estate needs.  Leading the entrance into the Warsaw market and the surrounding areas will be Rich Galbreath.  Mr. Galbreath joined the State Bank team in 2015 as a mortgage originator, and he currently serves the Fort Wayne, Indiana market.   

"We are pleased to announce our expansion into this market," said Chairman, President and CEO, Mark Klein.  "Warsaw is a natural extension of our current presence in northeastern Indiana, and demonstrates our continued commitment to strengthening our market position."

"I'm thrilled by this move into Kosciusko County," said Galbreath.  "In addition to Fort Wayne, I look forward to serving the Warsaw market. This new location provides us the opportunity to become the originator of choice, by leveraging the many existing and valuable relationships with current clients and local real estate professionals."

About SB Financial Group, Inc.

Headquartered in Defiance, Ohio, SB Financial is a diversified financial services holding company with two operating subsidiaries: State Bank and DCM. State Bank provides a full range of financial services for consumers and small businesses, including wealth management, mortgage banking and commercial and agricultural lending, operating through a total of 19 banking centers; 18 in nine Ohio counties and one center in Fort Wayne, Indiana, and 22 full-service ATMs.  The Company has six loan production offices located throughout the Tri-State region of Ohio, Indiana and Michigan.  DCM provides item processing services to community banks located primarily in the Midwest.  SB Financial's common stock is listed on the NASDAQ Capital Market under the symbol "SBFG".  SB Financial's preferred stock is listed on the NASDAQ Capital Market under the symbol "SBFGP".  

In May 2016, SB Financial was ranked #160 on the American Banker Magazine's list of Top 200 Publicly Traded Community Banks and Thrifts based on three-year average return on equity ("ROE").

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SOURCE SB Financial Group