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Peoples Bancorp in Marietta, Ohio, plans to increase reserves by $6.6 million to cover four commercial loans that it's moved to impaired status.
December 1 -
MainSource Financial Group in Greensburg, Ind., has agreed to buy Cheviot Financial in Cincinnati.
November 24 -
Middlefield Banc Corp. in Middlefield, Ohio, has bought out its largest shareholder.
October 7
Rockhold, Brown & Co. Bank in Bainbridge, Ohio, has tapped its chief financial officer to succeed Bill Hubbard as chief executive.
The $34 million-asset bank will appoint Jon Wisecup as president and CEO, effective Jan. 1. Wisecup is currently chief financial officer and marketing director. He has worked for Rockhold since 2008. He previously worked for National Cooperative Bank in Hillsboro, Ohio.
Hubbard, 66, has been Rockhold's CEO since 2001. He joined the bank in 1982 and was previously chief administrative officer. Hubbard will remain a director of Rockhold after his retirement.
"The issue is you have to wear so many different hats when you're such a small bank," Hubbard said in an interview. "During the Great Recession and the influx of the myriad regulations, the past few years have been particularly difficult."
Rockhold was founded in 1867, operates two branches in Bainbridge and Hillsboro in southern Ohio, and has never made an acquisition. Hubbard said he hopes Rockhold can continue to go it alone after his retirement.
"I would love to see the bank remain as an independent institution," Hubbard said.
