<SEC-DOCUMENT>0001213900-18-001140.txt : 20180201
<SEC-HEADER>0001213900-18-001140.hdr.sgml : 20180201
<ACCEPTANCE-DATETIME>20180201133728
ACCESSION NUMBER:		0001213900-18-001140
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20180126
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180201
DATE AS OF CHANGE:		20180201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SB FINANCIAL GROUP, INC.
		CENTRAL INDEX KEY:			0000767405
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				341395608
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36785
		FILM NUMBER:		18566145

	BUSINESS ADDRESS:	
		STREET 1:		401 CLINTON ST
		CITY:			DEFIANCE
		STATE:			OH
		ZIP:			43512
		BUSINESS PHONE:		4197838930

	MAIL ADDRESS:	
		STREET 1:		401 CLINTON STREET
		STREET 2:		PO BOX 467
		CITY:			DEFIANCE
		STATE:			OH
		ZIP:			43512

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RURBAN FINANCIAL CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>f8k012618_sbfinancialgroup.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B><BR>
<B>SECURITIES AND EXCHANGE COMMISSION</B><BR>
<B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">______________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">______________________</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>CURRENT REPORT</B><BR>
<B>Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">Date of Report (Date of earliest event reported) <U>February 1,
2018 (January 26, 2018)</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0pt">SB FINANCIAL GROUP, INC</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0pt"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 1pt solid">Ohio</TD>
    <TD STYLE="width: 1%; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 1pt solid">0-13507</TD>
    <TD STYLE="width: 1%; padding-right: 5.4pt; padding-left: 5.4pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 33%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; border-bottom: Black 1pt solid">34-1395608</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(State or other jurisdiction of incorporation)</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Commission</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">File Number)</P></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(IRS Employer</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">Identification No.)</P></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 49%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">401 Clinton Street, Defiance, OH</TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD STYLE="width: 49%; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">43512</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Address of principal executive offices)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">(Zip Code)</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">Registrant&rsquo;s telephone number, including area code <U>(419)
783-8950</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt; margin-left: 0pt; text-indent: 0pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0pt; text-align: center">Not
Applicable&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt; text-align: center">(Former name or former address, if changed since
last report.)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings">o</FONT> Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings">o</FONT> Soliciting material
pursuant to Rule 1 4a- 12 under the Exchange Act (17 CFR 240.1 4a- 12)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings">o</FONT> Pre-commencement communications
pursuant to Rule 1 4d-2(b) under the Exchange Act (17 CFR 240.1 4d-2(b))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Wingdings">o</FONT> Pre-commencement communications
pursuant to Rule 1 3e-4(c) under the Exchange Act (17 CFR 240.1 3e-4(c))</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Indicate by check mark
whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&sect;230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&sect;240.12b-2 of this chapter).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Emerging growth company&#9;<FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#9;<FONT STYLE="font-family: Wingdings">o</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>Item 2.02. Results of Operations and Financial Condition</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">On January 26, 2018, SB Financial Group, Inc.
(the &ldquo;Company&rdquo;) hosted a conference call and webcast to discuss its financial results for the fourth quarter ended
December 31, 2017. A copy of the transcript for the conference call and webcast is furnished as Exhibit 99.1 and is incorporated
herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The information in this Item 2.02, including
Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed to be &ldquo;filed&rdquo; for purposes of Section 18
of the Securities Exchange Act of 1934 (the &ldquo;Exchange Act&rdquo;) or otherwise subject to the liabilities of that Section,
nor shall such information be deemed to be incorporated by reference in any registration statement or other document filed under
the Securities Act of 1933 or the Exchange Act, except as otherwise stated in such filing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><U>Item 9.01. Financial Statements and Exhibits</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(a) Not Applicable</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(b) Not Applicable</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(c) Not Applicable</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">(d) Exhibits</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

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    <TD STYLE="width: 10%; padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; text-align: center; text-indent: 0"><FONT STYLE="font-size: 10pt">Exhibit No.</FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 89%; padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; text-align: center; text-indent: 0"><FONT STYLE="font-size: 10pt">Description</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding: 0; text-align: center; text-indent: 0"><FONT STYLE="font-size: 10pt">99.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt"><A HREF="f8k012618ex99-1_sbfinancial.htm">Transcript of conference call and webcast conducted on January 26, 2018.</A></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">SIGNATURE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

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<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2"><B>SB FINANCIAL GROUP, INC.</B></TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; width: 60%">Dated: February 01, 2018</TD>
    <TD STYLE="width: 4%">By:&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 36%">/s/ Anthony V. Cosentino</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-top: #000000 1px solid">Anthony V. Cosentino<BR>Chief Financial Officer</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; text-indent: 0pt; margin-top: 0pt; margin-bottom: 6pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center; text-indent: -1in">INDEX TO EXHIBITS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center; text-indent: -1in">Current Report on
Form 8-K</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center; text-indent: -1in">Dated February 1,
2018</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center; text-indent: -1in">SB Financial Group,
Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-align: center; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 10%; padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; text-align: center; text-indent: 0"><FONT STYLE="font-size: 10pt">Exhibit No.</FONT></TD>
    <TD STYLE="width: 1%; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="width: 89%; padding-top: 0; padding-right: 0; border-bottom: Black 1pt solid; padding-left: 0; text-align: center; text-indent: 0"><FONT STYLE="font-size: 10pt">Description</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(204,238,255)">
    <TD STYLE="padding: 0; text-align: center; text-indent: 0"><FONT STYLE="font-size: 10pt">99.1</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="padding: 0; text-indent: 0"><FONT STYLE="font-size: 10pt"><A HREF="f8k012618ex99-1_sbfinancial.htm">Transcript of conference call and webcast conducted on January 26, 2018.</A></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 1in">&nbsp;</P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>f8k012618ex99-1_sbfinancial.htm
<DESCRIPTION>TRANSCRIPT OF CONFERENCE CALL AND WEBCAST CONDUCTED ON JANUARY 26, 2018.
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: 18pt Times New Roman, Times, Serif">SB Financial </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: 18pt Times New Roman, Times, Serif">Q4 2017 Earnings Conference Call </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: 18pt Times New Roman, Times, Serif">January 26, 2018 at 11:00 AM Eastern</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font: 18pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>CORPORATE PARTICIPANTS</B> <B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt"><B>Mark Klein </B><I>&ndash; Chairman, President, and Chief Executive Officer</I> <B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt"><B>Anthony Cosentino </B><I>&ndash; Chief Financial Officer</I> <B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><B>Melissa Martin </B>&ndash; <I>Investor Relations</I> &nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; color: #003399"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>PRESENTATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Operator</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Good morning and welcome to the SB Financial
Group Fourth Quarter 2017 Conference Call and Webcast. I would like to inform you that this conference call is being recorded and
that all participants are in a listen-only mode. We will begin with remarks by management and then open the conference up to the
investment community for questions and answers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">I will now turn the conference over to Melissa
Martin with SB Financial. Please go ahead, Melissa.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Melissa Martin</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Good morning, everyone. I would like to remind
you that this call is being broadcast live over the Internet and will be archived and available on our website at www.yoursbfinancial.com
under Investor Relations. Joining me today are Mark Klein, Chairman, President, and CEO; Tony Cosentino, Chief Financial Officer;
and Jon Gathman, Senior Lending Officer. Before I turn the call over to Mr. Klein, let me add that this call may contain certain
forward-looking statements regarding SB Financial Group's financial performance, anticipated plans, operational results, and objectives.
Forward-looking statements are based on management's expectations and are subject to a number of risks and uncertainties that could
cause actual results to differ materially from those expressed or implied on our call today. We have identified a number of different
factors within the forward-looking statements at the end of our earnings release, and you are encouraged to review those factors.
SB Financial Group undertakes no obligation to update any forward-looking statement except as required by law after the date of
this call. In addition to the financial results presented in accordance with GAAP, this call will also contain certain non-GAAP
financial measures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">I will now turn the call over to Mr. Klein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Mark Klein</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Thank you, Melissa, and good morning everyone.
Welcome to our fourth-quarter and full-year 2017 conference call and webcast. Yesterday we filed our earnings release, which provides
additional depth and details for our comments today. Briefly, highlights for 2017&rsquo;s fourth quarter and full year include
net income of $4 million in the fourth quarter, a 74% improvement over the prior year quarter, representing a return on average
assets of 1.83%. Additionally, this was a 48% improvement over the linked quarter. Diluted EPS for the quarter was $0.64, up $0.27
per share or 73%. Net income expanded by $1.7 million this quarter due to the reduction of our deferred tax liability that our
CFO, Tony Cosentino, will discuss shortly. Net income for the year was $11.1 million, a 26% improvement year-over-year or $2.3
million. ROA was 1.29% for the year and trailing 12 months EPS now stands at $1.74, up $0.36 per share and a 26.1% improvement
over the prior year. Loan balances expanded nearly $22 million in the fourth quarter or over 3.2% for the year expanded by over
$52 million or 8%. Top line revenue for the quarter, while contracting a bit over the linked quarter and a year ago quarter, expanded
approximately 4.25% year-over-year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Expenses contracted for the linked quarter
and were slightly up year-over-year, representing business line expansions, regulatory oversight, and our reach into newer markets.
We expanded our assets under management in our wealth management division this quarter to $437 million, a $7 million increase over
the linked quarter and nearly 16% over the year ago quarter. This represents an annualized increase of almost $59 million. Mortgage
origination volume was down over 19% from the linked quarter to $72 million. This decline is primarily due to the continued limitation
of available inventory in most of our markets. Although our production was down over $17 million from the linked quarter, we continue
to generate volume from new clients to our Company. In fact, for the year over 94% or 1,622 out of our total loans of 1,726 this
year represented new households to our Company. Asset quality metrics continue to strengthen. SBA loan volume for the quarter was
over $2.6 million and in line with year ago quarter. For the year, we produced a record volume of $15.6 million and are well on
our way to our strategic level of producing over $40 million in annual production by 2020.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">And finally, we have officially divested of
our item processing and statement production operation known as the Diverse Computer Marketers or DCM, as of the first of this
year. This departure will allow us to focus on our core competencies while we identify additional strategically opportunistic way
to accelerate our growth of becoming that $1 billion top-decile performer. We continue our steady course to deliver on our five
key strategic initiatives that we&rsquo;ve talked about quarters before: Revenue diversity, organic balance sheet growth for scale
and efficiency, more services in each household for scope, the operational excellence which we so desire, and that top-tier asset
quality.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">And now a little detail on each, but first,
revenue diversity. A hallmark of our strong performance has been our ability to deliver market-leading, non-interest income as
a percent of average assets. While down from historical levels of 40%, we still delivered nearly 38% of our total revenue this
quarter from fee-based business lines, which equated to more than $17 million for the year. Because of our constrained mortgage
volume, our net mortgage banking revenue was down for the quarter by over 36% and over 5% year-over-year to $8.5 million. With
over $315 million in total volume this year, we expanded our servicing portfolio to almost $995 million or nearly 11%, represented
by over 7,000 households. This core business line continues to provide organic household growth and peer-leading non-interest income.
The overarching goal here continues to be leveraging our presence into more retail and business line relationships. Our services
per household in the 7,000 now stands at 1.56 services and offers significant potential to drive and continue franchise growth.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Additionally, our SBA strategy continues to
mature. After implementing our new lending strategy more than four years ago, we have experienced marked improvement every year.
This quarter we delivered loan sale gains of $170,000 and nearly $1.2 million for the year. We&rsquo;re also pleased with the organic
balance sheet growth provided by the non-guaranteed loan portion we retained on our books as well as the core deposits that accompany
these C&amp;I-based credits. It&rsquo;s clear that our business development officer model is providing the inertia. Not only are
our BDOs in Columbus and Westlake gaining traction, but our market executives and commercial lenders are contributing to their
production as well. We continue to pursue additional BDOs in Toledo and Fort Wayne, Indiana. This initiative clearly is a catalyst
for delivering on our strategic vision for this business line of achieving $40 million in annual production that I mentioned earlier,
as these hires will help to further diversify our revenue portfolio.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of the beginning of the government&rsquo;s
fiscal year in July of 2017, our SBA volume placed us in the 88<SUP>th</SUP> percentile amongst the almost 1,700 banks in the U.S.
that have funded an SBA loan. Our momentum continues to drive us toward our strategic goal to become one of the top 100 volume
banks in the U.S. A strong quarterly and annual performance in our wealth management division made meaningful contributions to
our success and continues to be one of our core competencies. Our new division leader, Chris Jakyma, has strengthened our bench
and has begun to leverage our combined knowledge into our lower-share higher-growth markets. We also recently acquired a young
professional in Findlay, Ohio, David Robinson, to complement our commercial, private client, and retail banking expertise. This
line of business is now contributing nearly $3 million in top line revenue. With the potential generational change in wealth in
next 20 years, our vision is to continue to drive our market presence to a higher level in this key relationship-based business
line.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The second initiative I want to discuss is
our continued focus to add scale and improve efficiency. This quarter, we received regulatory approval to open our 20th full-service
office in Bowling Green, Ohio. As I discussed in prior quarters, we selected another seasoned market executive to drive our entrance
into another lower-share, higher-growth market that we all know quite well. Our intent is to drive organic balance sheet growth
as we strategically fill in our regional presence between our Toledo and Findlay, Ohio markets. Our geographical diversity not
only adds strength to our performance but also provides significant opportunities for continued organic balance sheet growth. This
year our newer Findlay region led our Company in loan production with over $20 million, driving their balances to $48 million.
Our Columbus market delivered another $16 million and now stands at over $173 million in loan balances, while our Toledo market
continued its growth trend as they delivered over $15 million in loan growth, with total balances now standing at $144 million.
Our strong regional leadership featuring lending expertise and key market presence is taking advantage of a fairly robust economic
landscape and continues to create opportunities for our Company. Loan balances in every business line expanded to a higher level.
The bulk of our improvement came from the commercial business line that grew over $40 million, portfolio residential loans grew
by $8 million, while consumer grew by over $3 million. Total operating revenue increased by 4.25% offset by growing regulatory
and compliance costs, some market expansions, and higher incremental cost of funds. Our decentralized management structure has
enabled SB Financial to provide our customers personalized service in the targeted markets we serve through operational excellence,
geographic market expansions, and our expanding portfolio of products and services offered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our third strategic initiative is to deliver
greater scope. We continue to add more households and more products and services in those households. This year, we grew our households
to 28,590 or over 1,200, representing a 4.5% increase year-over-year. Once we add a mortgage household customer, as before, we
work to leverage that presence into a deeper relationship with the client through our retail office network and now more than ever
including a virtual office that features a more robust electronic banking experience. Our new Chief Technology Innovation Officer
is now leading discussions internally and externally to ensure our processes and platforms stimulate greater client participation.
Our staff continues to work interdependently to drive client retention and shareholder value. This year alone, we recorded over
1,800 referrals to business partners and closed over 1,000, or nearly 56%, for additional new business to our Company of nearly
$65 million.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Operational excellence is our fourth key strategic
lever. Our level of client engagement reflects not only our ability to track clients, but also to retain them potentially for life
while growing our franchise. As I mentioned, we now have over 28,500 households that utilize over 83,000 products and services.
This includes over 7,000 off balance sheet mortgage loans and represents a nearly $1 billion servicing portfolio that now delivers
approximately $2.5 million in servicing fees annually and 75 SBA loans representing the unguaranteed portion that I mentioned earlier
of $385,000. Our diverse servicing staff offers a unique skill set that allows for efficiencies across various revenue streams,
maintains product-specific knowledge, and is engaged with delivering on our value proposition. And again, our recent divestiture
of DCM will allow us to continue to focus on these core competencies while also driving the pursuit of additional strategic opportunities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Our fifth and final initiative is asset quality,
and our results this year certainly reflect that commitment. Nonperforming assets declined by $1.4 million to 0.44%. Past due is
0.42%. Net charge-offs for the year were just $196,000 or 3 basis points, and now our allowance to nonperforming remains over 200%.
Our sustained asset quality continues to be at the top amongst our peers, and we continue to drive toward that top-decile performance
amongst this peer group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">And now, I&rsquo;d like to ask Tony Cosentino,
our CFO, to provide, Tony, a few more details on our performance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Anthony Cosentino</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Thanks, Mark. Good morning, everyone. For the
quarter as Mark indicated, we had net income of $4 million or $0.64 per diluted EPS. Net EPS was up $0.27 or 73% from the prior
year, and up $0.21, or 48%, from the linked quarter. Highlights this quarter include, as Mark indicated foremost, due to our large
mortgage servicing portfolio, we had a significant income tax credit related to our deferred tax liability position. The credit
was $1.7 million, or $0.27 per share, all coming to the bottom line. Total operating revenue of $11.7 million was flat from the
prior year, down just 3.1% from the linked quarter. Loan growth was up $52 million from the prior year, or 8.1%, and loan sales
delivered gains of $1.8 million from collectively mortgage, small business, and agricultural. And lastly, we maintained our nonperforming
asset ratio, which ended the year at 44 basis points.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As we break further down into the fourth quarter
income statement, starting with margin, net interest income was up from the prior year by 15.2%, and up to the linked quarter by
5.4%. End of period loan balances, as we stated, from the prior year were up $52.2 million, an increase of 8.1%. And in this quarter,
we increased our loan balances by $21.5 million. Average loan yield of 4.7 % increased by 28 basis points from the prior year,
and was up 10 basis points from the linked quarter, reflecting the recent rise in rates. This quarter, we also recaptured approximately
$125,000 in nonperforming assets on a couple of credits. And overall, our earning asset yield was up 36 basis points to the prior
year. On the funding side, we continue to experience an increase in the cost of our interest-bearing liabilities, coming in at
69 basis points for the quarter, which was up 9 basis points from the prior year and up 1 basis point from the linked quarter.
Net interest margin at 3.96% was up 27 basis points from the prior year and up from the linked quarter by 15 basis points. Total
interest expense costs have risen by over 28% from the prior year, with the variance tied almost exclusively to funding our increased
loan volume. Loan activity has obviously influenced margin income from the prior year. Total loan interest income of $8.1 million
is up $1.1 million or 15.9% from the prior year. And as we discussed last quarter, net loan volume returned again to a more acceptable
level, with balances up $22 million from September 30th in line with the $24 million from the third-quarter performance. This quarter&rsquo;s
growth would equate to a 13% annualized growth rate. Total non-interest income of $4.1 million was down $1 million or 20.2% from
the prior year, and down $0.8 million, or 15.8%, from the linked quarter. Fee income as a percentage of total revenue was nearly
35% for the quarter and 39% for the full year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Recall perhaps that in the fourth quarter of
2016, we recaptured $1.2 million of mortgage servicing rights impairment compared to just $0.1 million in the current quarter.
Expanding on Mark&rsquo;s comments earlier, our mortgage business was challenged in 2017. For the quarter, mortgage originations
of $72.1 million were down from the prior year by $11.4 million, or 13.6%, and were down $17.1 million, or 19.2%, from the linked
quarter. This quarter's new purchase volume was 91% as the refinance market has slowed considerably with the rise in interest rates.
Total gains on sale came in at $1.7 million, nearly 3.1% on our sold volume in the quarter of $54 million. For comparison, we achieved
2.5% and 2.9% gain on sale percentage for the prior year and linked quarters. Therefore, despite the volume of sales down 34%,
better pricing and efficiency have limited our mortgage banking loan sale gain decline to only 17%. Mortgage banking revenue in
total for the fourth quarter was $2.1 million, down $1.2 million from the prior year and down $0.3 million from the linked quarter,
all reflective of the large mortgage impairment recapture in fourth quarter of 2016. This quarter, as we said, included a positive
valuation adjustment to mortgage servicing rights of $118,000 compared to a negative adjustment last quarter of $36,000 and a positive
adjustment, as we said, of $1.2 million in the fourth quarter of 2016. At the end of the year, State Bank had $995 million in the
servicing portfolio, providing revenue in the quarter of $617,000. The servicing portfolio has increased by $95 million, or 10.6%,
from the prior year on sold volume for that period of $261 million. Market value of our mortgage servicing rights at $9.9 million
increased this past quarter, reflecting volume and the increased rate environment. That calculated fair value of 1% was up 3 basis
points from the prior year and up 2 basis points from the linked quarter. Total impairment reserves that were available for recapture
in future periods equaled $151,000 at quarter end.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Operating expenses for the quarter of $8.1
million were up $0.2 million, or 3.1%, from the prior year, and compared to the linked quarter expenses were down $0.2 million,
or 2.1%. Total headcount for the Company is up 13 since the prior year, reflecting increased staffing in mortgage and commercial
sales in addition to added resources in compliance, loan review, and mortgage administration. As noted by Mark in his comments,
we continue to add support resources to supplement our sales team. For the year, operating leverage was slightly negative with
revenue growth of 4.3%, just less than our expense growth rate of 4.9%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As we turn to the balance sheet, loan outstandings
at 12/31/17 stood at $696.6 million, or 79% of the total assets of the Company. We had growth of $52 million from the prior year
and were up $21.5 million from the linked quarter. Collectively, we have grown loans by $45 million these last two quarters. Compared
to the prior year, our growth was limited in commercial real estate with $48.1 million and residential real estate with $8.4 million.
On the deposit side, we were up from the prior year by $56.5 million, an 8.4% growth rate, and up from the linked quarter by $12.8
million. From the prior year, the majority of our growth has occurred in savings and money market up $28.4 million and retail certificate
balances up $23.6 million. As we look at capital, we finished the quarter at $94 million, up $7.5 million or 8.6% from the prior
year, including the impact of the tax law change of $1.7 million. The equity-to-asset ratio of 10.7% was up slightly from the prior
year as our earnings offset the growth in our balance sheet. Tangible common equity ratio 7.4%, but would increase to 9.0% when
the convertible preferred is included. This compares to ratios of 7.0% and 8.8% for the prior year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Commenting on asset quality quickly, total
nonperforming assets now stand at $3.9 million or 44 basis points of total assets, with 99% of that in nonperforming loans. The
total level of nonperforming assets is down $1.5 million from the prior year and up just $0.1 million from the linked quarter.
And included in our nonperforming asset total is $1.1 million in accruing restructured credits. These restructured loans, nearly
all maturity extensions, elevate our nonperforming level by 13 basis points, and absent those recurring restructured credits, our
total nonperforming asset ratio would be just 31 basis points. Provision expense for the quarter was $0.2 million, down $0.3 million
from the prior year. And for the year our $0.4 million of provision was nearly two times our net charge-offs for the year of $196,000.
Our absolute level of loan loss allowance at $7.9 million is up from the prior year by $0.2 million or 2.7%. Thus, due to loan
growth, our allowance to total loans percentage has declined from 1.2% to 1.14% currently. We now have nonperforming loan coverage
with our allowance of 207%, which is up from 179% at the prior year. As Mark and I have commented throughout 2017, asset quality
continues to be peer leading.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Looking finally at our full-year results, net
income of $11.1 million, with diluted EPS of $1.74 is up $2.3 million and $0.36 per share from the prior year. Absent the deferred
tax adjustment, net income would be up $0.6 million, or 6.6%, and diluted EPS would be up $0.10 or 7.2%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">I&rsquo;ll now turn the call back over to Mark.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Mark Klein</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Thank you, Tony, for that recap. Just to rephrase
our performance results for this past year, record net income $11.1 million, ROA 1.29%, increase in EPS of $0.36 per share to $1.74
for a year-over-year increase of 26%, loan growth of $52 million or 8%, mortgage servicing portfolio right on the cusp of the $1
billion we&rsquo;ve been working to achieve the last 10 years; deposit growth of $56 million or 8.4%, and growth of wealth assets
under our care of $59 million, or 15.6%. By all measures, a very successful year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">When we couple our regional market leadership
with an expanding economy and regulatory and tax relief, we&rsquo;ve positioned our Company for even greater accomplishments in
2018, beginning with a significant realized going forward tax savings. As a result of these improvements, we are launching a variety
of tax redirection initiatives. For our stockholders, SBFG will realize a $1.7 million tax saving beginning in 2018 that Tony alluded
to, which equates to a gross benefit of $0.27 per diluted share. For our communities, we are initiating a community volunteerism
directive, involving each of our 250 employees. Personal time spent volunteering in our communities will now equate to additional
personal days off from work and emphasis will be placed on philanthropic initiatives in our communities where the needs are the
greatest. We&rsquo;re also redirecting savings to an expanded pool of funds in order to focus on initiatives that will improve
quality of life for all of our residents in each of our communities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">For our staff, we are launching a marketing
campaign that is focused on leveraging our Stepping Out into Our Communities initiative that began over a year ago. We are also
implementing pay increases of anywhere from 2% to 9% and a one-time $1,000 discretionary bonus for all except the higher-salaried
staff in our Company. And for our clients, we remain committed and focused on expanding our digital banking strategies for a more
intimate client experience. This includes optimizing our website for mobile device use and expanded security and exploring the
channels in which our clients can communicate with us more intimately and more effectively. We also intend to leverage our status
as a preferred SBA lender by increasing our level of SBA lending in 2018 to assist growing capital-constrained entrepreneurs and
those undergoing generational ownership changes. These initiatives collectively were launched in pursuit of our vision to become
that top-performing $1 billion independent financial services company that we continue to set apart by our staff and our passion
for service, our holistic approach to that client care, and our commitment to the communities and investors we serve. We again
want to thank you all for your continued trust and confidence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">And now, I&rsquo;ll turn the call back to Melissa
for closing comments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Melissa Martin</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Thank you, Mark. Operator, we&rsquo;re now
ready for our first question.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;<B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>QUESTIONS AND ANSWERS </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Operator</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Thank you. We will now begin the question-and-answer
session. To ask a question you may press star then one on your touchtone phone. If you are using a speakerphone, please pick up
your handset before pressing the keys. To withdraw your question, please press star then two. At this time, we will pause momentarily
to assemble our roster.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Melissa Martin</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">While we&rsquo;re waiting for questions to
assemble, I would like to remind you that today&rsquo;s call will be accessible on our website at www.yoursbfinancial.com under
Investor Relations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Operator</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At this time, we have no further questions
on my end.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>CONCLUSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Mark Klein</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">If the call is back to me and there are no
further questions, I&rsquo;d like to thank again everyone for joining us this morning for our excellent results that we revealed
in 2017 and certainly look forward to sharing our first quarter of 2018 with you in April. Again, thanks for joining us. Have a
good day. Good bye.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><B>Operator</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The conference has now concluded. Thank you
for attending today&rsquo;s presentation. You may now disconnect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>&nbsp;</B></P>





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