    <SEC-DOCUMENT>0001213900-18-001278-index.html : 20180205
    <SEC-HEADER>0001213900-18-001278.hdr.sgml : 20180205
    <ACCEPTANCE-DATETIME>20180205091232
    ACCESSION NUMBER:		0001213900-18-001278
    CONFORMED SUBMISSION TYPE:	FWP
    PUBLIC DOCUMENT COUNT:		28
    FILED AS OF DATE:		20180205
    DATE AS OF CHANGE:		20180205

    SUBJECT COMPANY:

    	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:		FWP
    		SEC ACT:		1934 Act
    		SEC FILE NUMBER:	333-217206
    		FILM NUMBER:		18572923

    	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

    FILED BY:

    	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:		FWP

    	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>FWP
    <SEQUENCE>1
    <FILENAME>fwp020218_sbfinancial.htm
    <DESCRIPTION>FREE WRITING PROSPECTUS
    <TEXT>
    Document 1 - file: fwp020218_sbfinancial.htm

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>2
    <FILENAME>slide001.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 2 - file: slide001.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>3
    <FILENAME>slide002.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 3 - file: slide002.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>4
    <FILENAME>slide003.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 4 - file: slide003.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>5
    <FILENAME>slide004.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 5 - file: slide004.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>6
    <FILENAME>slide005.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 6 - file: slide005.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>7
    <FILENAME>slide006.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 7 - file: slide006.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>8
    <FILENAME>slide007.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 8 - file: slide007.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>9
    <FILENAME>slide008.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 9 - file: slide008.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>10
    <FILENAME>slide009.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 10 - file: slide009.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>11
    <FILENAME>slide010.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 11 - file: slide010.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>12
    <FILENAME>slide011.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 12 - file: slide011.jpg

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    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>13
    <FILENAME>slide012.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 13 - file: slide012.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>14
    <FILENAME>slide013.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 14 - file: slide013.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>15
    <FILENAME>slide014.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 15 - file: slide014.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>16
    <FILENAME>slide015.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 16 - file: slide015.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>17
    <FILENAME>slide016.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 17 - file: slide016.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>18
    <FILENAME>slide017.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 18 - file: slide017.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>19
    <FILENAME>slide018.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 19 - file: slide018.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>20
    <FILENAME>slide019.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 20 - file: slide019.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>21
    <FILENAME>slide020.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 21 - file: slide020.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>22
    <FILENAME>slide021.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 22 - file: slide021.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>23
    <FILENAME>slide022.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 23 - file: slide022.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>24
    <FILENAME>slide023.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 24 - file: slide023.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>25
    <FILENAME>slide024.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 25 - file: slide024.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>26
    <FILENAME>slide025.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 26 - file: slide025.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>27
    <FILENAME>slide026.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 27 - file: slide026.jpg

    </DOCUMENT>
    <DOCUMENT>
    <TYPE>GRAPHIC
    <SEQUENCE>28
    <FILENAME>slide027.jpg
    <DESCRIPTION>GRAPHIC
    <TEXT>
    Document 28 - file: slide027.jpg

    </DOCUMENT>
    </SEC-DOCUMENT>