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Middlefield Banc (Middlefield Banc) Retained Earnings : $100.24 Mil (As of Dec. 2023)


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What is Middlefield Banc Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Middlefield Banc's retained earnings for the quarter that ended in Dec. 2023 was $100.24 Mil.

Middlefield Banc's quarterly retained earnings increased from Jun. 2023 ($96.50 Mil) to Sep. 2023 ($98.72 Mil) and increased from Sep. 2023 ($98.72 Mil) to Dec. 2023 ($100.24 Mil).

Middlefield Banc's annual retained earnings increased from Dec. 2021 ($83.97 Mil) to Dec. 2022 ($94.15 Mil) and increased from Dec. 2022 ($94.15 Mil) to Dec. 2023 ($100.24 Mil).


Middlefield Banc Retained Earnings Historical Data

The historical data trend for Middlefield Banc's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Middlefield Banc Retained Earnings Chart

Middlefield Banc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.06 69.58 83.97 94.15 100.24

Middlefield Banc Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 94.15 93.02 96.50 98.72 100.24

Middlefield Banc Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Middlefield Banc  (NAS:MBCN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Middlefield Banc (Middlefield Banc) Business Description

Traded in Other Exchanges
N/A
Address
15985 East High Street, Middlefield, OH, USA, 44062-0035
Middlefield Banc Corp is a United States-based bank holding company. It offers customers banking services, including checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, and other services. It also maintains, manages, and disposes of nonperforming loans and other real estate owned.
Executives
Jennifer L Moeller director 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Heslop James R Ii director, officer: Exec. Vice President/COO
Thomas M Wilson officer: EVP/Corporate Development 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Robert J Dawson officer: EVP/Chief Lending Officer 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Michael C Voinovich director 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Zimmerly Ronald Len Jr. director 4427 COUNTY ROAD 55, BELLEFONTAINE OH 43311
William J Skidmore director 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Mark Ramsey Watkins director 9551 TOWNSHIP ROAD 179, KENTON OH 43326
Spencer Cohn director 1682 EL CAMINO REAL, SUITE 320, SAN DIEGO CA 92130
Kenneth E Jones director 2003 HAVENSWOOD PLACE, BLACKLICK OH 43004
Kevin A Digeronimo director 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Darryl E Mast director
Robert W Toth director 15985 EAST HIGH STREET, POST OFFICE BOX 35, MIDDLEFIELD OH 44062
Rose Clayton W Iii director 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062
Adam T Cook officer: Senior Vice President 15985 EAST HIGH STREET, MIDDLEFIELD OH 44062