SB Financial Group, Inc. Reports Consolidated Unaudited Net Charge-Offs for the Fourth Quarter Ended December 31, 2021
January 27, 2022 at 04:15 pm EST
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SB Financial Group, Inc. reported consolidated unaudited net charge-offs for the fourth quarter ended December 31, 2021. For the quarter, the company reported Net charge-offs were $7,000 against $18,000 a year ago.
SB Financial Group, Inc. is a financial holding company. Through its direct and indirect subsidiaries, the Company is engaged in a various financial activities, including commercial banking, and wealth management services. The Company is primarily engaged in providing a full range of banking and wealth management services to individual and corporate customers primarily located in Ohio, Indiana, and Michigan. Its principal activity is the ownership and management of its wholly owned subsidiaries, The State Bank and Trust Company, SBFG Title, LLC, SB Captive, Inc., RFCBC, Inc., Rurbanc Data Services, Inc., Rurban Statutory Trust II, and SBFG Mortgage, LLC. The State Bank and Trust Company offers a full range of commercial banking services, including checking accounts, savings accounts, money market accounts and time certificates of deposit, automatic teller machines, commercial, consumer, agricultural and residential mortgage loans, commercial leasing, and various other services.