Tranche Update on MB Bancorp, Inc.'s Equity Buyback Plan announced on November 15, 2016.

MB Bancorp, Inc. is a holding company provides various financial products and services. The Company's deposit products include non-interest-bearing demand deposits, such as checking accounts; interest bearing demand accounts and certificates of deposit. Its Lending Activities portfolio includes residential mortgage, non-residential real estate, construction and land, and consumer loans, as well as home equity lines of credit. The Company also invests in various liquid assets, including U.S. Treasury obligations; securities of various government-sponsored agencies, as well as of state and municipal governments; mortgage-backed securities; and certificates of deposit of federally insured institutions.