Sb Financial Group, Inc. (NASDAQ: SBFG)

SB Financial Group, Inc. is a financial holding company incorporated in Ohio and headquartered in Defiance Ohio. The company provides a range of financial services through its wholly owned subsidiaries. Its core operations consist of commercial banking trust and wealth management services and title insurance activities. SB Financial Group, Inc. was organized in 1983 and remains subject to regulation by the Federal Reserve Board and the Ohio Division of Financial Institutions. Through its subsidiaries the company serves customers across northwestern Ohio and parts of Indiana.

The company generates revenue primarily from interest income on loans and leases originated by its bank subsidiary. Additional revenue comes from service charges on deposit accounts wealth management fees and trust administration fees. Title insurance premiums and fees from the title agency contribute to earnings. Insurance commissions from the sale of policies through the insurance subsidiary also add to income. The captive insurance subsidiary generates revenue by underwriting risks for the bank and the holding company.

The company operates through the following segments: Commercial Banking, Trust and Wealth Management, and Title Insurance.

• The Commercial Banking segment includes the State Bank and Trust Company which offers checking and savings accounts money market accounts time certificates of deposit commercial consumer agricultural and residential mortgage loans personal and corporate trust services commercial leasing bank credit card services safe deposit box rentals internet banking private client group services and other personalized banking services.

• The Trust and Wealth Management segment provides asset management services for individuals and corporate employee benefit plans brokerage services through an unaffiliated partner and related fiduciary advisory services.

• The Title Insurance segment operates through SBFG Title LLC dba Peak Title Agency and provides title insurance settlement services and related closing assistance from two locations in Franklin and Williams Counties Ohio.

SB Financial Group, Inc. holds a competitive position as a community focused financial institution in a market served by larger national banks regional banks credit unions and emerging fintech firms. The company differentiates itself through deep local relationships a broad product suite that combines banking wealth management and title insurance and a strong capital position that exceeds regulatory well capitalized thresholds. Its ability to offer customized lending solutions and personalized service helps attract and retain retail and commercial clients.

The company serves a diverse customer base that includes individual consumers small and medium sized businesses agricultural producers and corporate clients. Deposit relationships are built with households and local enterprises while loan portfolios encompass residential mortgages commercial loans agricultural financing and lease arrangements. Specific customer names are not disclosed in the filing but the institution reports relationships with municipalities school districts and various nonprofit organizations within its service area.