 DEFIANCE, Ohio, May 27, 2021 PRNewswire -- SB Financial Group, Inc. NASDAQ: SBFG SB Financial or the Company, a diversified financial services company providing full-service community banking, mortgage banking, wealth management, private client and title insurance services, today announced the completion of its issuance and sale of 20 million aggregated principal amount of fixed-to-floating rate subordinated notes due 2031 the Notes in a private placement exempt from the registration requirements under the Securities Act of 1933, as amended. The Notes bear a fixed rate of 3.65 for the first five years and will reset quarterly thereafter to the then current three-month SOFR rate plus 296 basis points. 