EX-21 4 f10k2020ex21_sbfinancial.htm SUBSIDIARIES OF REGISTRANT

Exhibit 21

List of Subsidiaries

Name |  | State of Incorporation
The State Bank and Trust Company |  | Ohio
SBFG Title, LLC |  | Ohio
SBFG Mortgage, LLC |  | Ohio
RFCBC, Inc |  | Ohio
SB Captive, Inc |  | Nevada
Rurban Mortgage Company |  | Ohio
SBT Insurance, LLC |  | Ohio
Rurbanc Data Services, Inc. |  | Ohio
Rurban Statutory Trust II |  | Declaration of Trust – State of Delaware
NC Merger Corp.* |  | Ohio

| * | NC Merger Corp. is a wholly-owned subsidiary of Rurbanc Data Services, Inc. NC Merger Corp. has no assets or liabilities and is inactive.