Welcome to our dedicated page for Lcnb news (Ticker: LCNB), a resource for investors and traders seeking the latest updates and insights on Lcnb stock.
LCNB Corp (LCNB), a trusted financial holding company serving Ohio communities since 1877, provides comprehensive banking solutions through its subsidiary LCNB National Bank. This dedicated news hub offers investors and stakeholders timely updates on corporate developments, financial performance, and community initiatives.
Access official press releases detailing quarterly earnings, leadership changes, and strategic partnerships alongside analysis of regulatory filings. Track updates on commercial lending programs, digital banking enhancements, and community reinvestment projects that reflect LCNB's commitment to relationship-based banking.
The curated collection includes essential updates on:
- Financial results and dividend declarations
- Branch network developments
- Product/service innovations
- Corporate governance changes
- Community outreach programs
Bookmark this page for convenient access to verified information about LCNB's operations in the competitive Midwest banking sector. Check regularly for updates that matter to personal and commercial banking customers, investors, and regional economic stakeholders.
LCNB Corp. (NASDAQ: LCNB) reported a stable first quarter for 2023, ending March 31 with a loan to deposit ratio of 86.97% and total nonperforming loans at a low 0.05% of total loans. Total earning assets reached a record $1.74 billion, a 1.4% increase year-over-year. The company’s first quarter earnings per share were $0.37, slightly down from $0.38 the previous year, with net income decreasing 8.1% to $4.2 million. Despite a 2.0% drop in net interest income to $13.9 million, LCNB’s non-interest income rose to $3.58 million. The bank's asset management saw growth, achieving $3.16 billion in total assets, reflecting a stable consumer base and increased fiduciary income.
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