LCNB Corp. states that it intends to use an investor presentation, furnished as Exhibit 99.1, in upcoming meetings with investors and analysts. The disclosed information is furnished under Item 7.01 Regulation FD Disclosure and is not deemed filed under Section 18 or incorporated into other Securities Act or Exchange Act filings unless specifically referenced.
LCNB Corp. entered into subordinated note purchase agreements with qualified institutional buyers and accredited investors and completed a private placement of $25,000,000 aggregate principal amount of 6.50% fixed-to-floating rate subordinated notes due 2036. The transaction relied on the Section 4(a)(2) exemption and Rule 506(b) of Regulation D. The notes are intended to qualify as Tier 2 capital. LCNB plans to use the proceeds for general corporate purposes, including refinancing senior indebtedness and supporting future growth, and disclosed that approximately $8.8 million of existing long-term debt will be repaid.
The subordinated notes mature on August 15, 2036 and initially bear a fixed annual interest rate of 6.50%, payable semi-annually on August 15 and February 15, beginning February 15, 2027. From and including August 15, 2031 to but excluding maturity or earlier redemption, the rate resets quarterly to three‑month Secured Overnight Financing Rate plus 234 basis points, payable quarterly. The company may redeem the notes, in whole or in part, on any interest payment date on or after August 15, 2031, and in whole upon certain specified events, subject to required regulatory approvals. The notes are unsecured, subordinated obligations of LCNB, are not guaranteed by subsidiaries, rank junior to current and future senior indebtedness, and are not redeemable at the option of holders.
LCNB Corp. reported Q2 2026 net income of $7,494 (dollars in thousands), up from $5,919 in Q2 2025. Six‑month net income was $11,938 versus $10,528, with basic and diluted earnings per share of $0.53 for the quarter and $0.84 year‑to‑date.
Net interest income for Q2 2026 rose to $19,791 from $17,541 as interest expense declined to $6,541 from $8,398, while the provision for credit losses increased to $276 from $18. Non‑interest income was $5,353 and non‑interest expense $15,675, producing income before income taxes of $9,193.
At June 30, 2026, total assets were $2,223,715, including gross loans of $1,699,569, an allowance for credit losses on loans of $13,606, and net loans of $1,685,963. Available‑for‑sale debt securities totaled $215,769. Deposits were $1,819,186, long‑term debt $103,836, and shareholders’ equity $280,617 with 14,254,091 common shares outstanding.
Credit metrics showed non‑accrual loans of $5,751, or 0.34% of total loans, and an allowance for credit losses on loans equal to 0.80% of total loans. Off‑balance‑sheet credit commitments were $305,351, and the company recognized low‑income housing tax credits and other tax benefits that reduced its effective tax rate to 18.5% for Q2 2026.
LCNB Corp reported record second quarter 2026 results. Net income was $7.5 million versus $5.9 million a year earlier, and earnings per share were $0.53 versus $0.41. Tax‑equivalent net interest margin rose 52 basis points year-over-year to 3.99%, driving record net interest income of $19.8 million, a 12.8% increase. Return on average assets was 1.34%.
Non-interest income for the quarter was $5.4 million, slightly above 2025, as higher fiduciary income offset lower mortgage loan sale gains. Non-interest expense was stable at $15.7 million, with higher compensation, technology and contracted services partly offset by lower intangible amortization, FDIC premiums and merger-related costs.
Total assets were $2.22 billion, down 3.6% from June 30, 2025, and net loans were $1.69 billion, down 0.9%. Deposits declined 5.2% to $1.82 billion, reflecting strategic runoff of higher-cost time deposits. Tangible book value per share increased 10.4% year-over-year to $12.90, and total assets managed reached $4.25 billion. Asset quality remained solid, though six‑month net charge-offs rose to $2.7 million, largely from two logistics-sector credits, and nonperforming loans were $5.8 million, or 0.34% of total loans.
LCNB CORP CEO Eric J. Meilstrup reported an open-market purchase of LCNB Corp Common Stock. He bought 400 shares on May 28, 2026 at $16.945 per share, increasing his direct ownership to 53,478 shares. This was a routine, non-derivative stock purchase.
LCNB CORP President Robert C. Haines II reported an open-market purchase of LCNB Corp Common Stock. On May 15, 2026, he bought 500 shares at a price of $15.775 per share. After this transaction, his direct ownership increased to 26,228 shares of LCNB common stock.
LCNB CORP filed a Form 13F reporting its institutional holdings. The report lists 189 holdings with a Form 13F Information Table value total of $297,482,119. The report is signed by Bradley A. Ruppert, Executive Vice President and Chief Investment Officer, dated 05-11-2026.
LCNB Corp. reported first-quarter 2026 net income of $4.4 million, slightly below $4.6 million a year earlier, as higher credit costs offset stronger core banking income. Net interest income rose to $18.8 million from $16.3 million, helped by lower interest expense on deposits and debt.
The provision for credit losses increased sharply to $2.3 million from $0.2 million, driven by higher net charge-offs of $2.8 million, mainly in commercial and overdraft categories. Total loans were $1.70 billion and deposits $1.84 billion, both roughly stable since year-end. The allowance for credit losses on loans stood at $13.4 million, or 0.79% of total loans.
Total assets were $2.24 billion, with available-for-sale debt securities of $228.8 million and continued unrealized losses, though other comprehensive income improved versus last year. Basic and diluted earnings per share were $0.31, compared with $0.33 in the prior-year quarter.
LCNB Corp. reported results of its annual shareholder meeting held on April 27, 2026. Shareholders elected four Class III directors, with support ranging from 7,511,322 to 7,693,155 votes "for" each nominee and 2,991,146 broker non-votes recorded on the director proposals.
Shareholders also approved, on an advisory basis, the compensation of LCNB’s named executive officers, with 7,082,511 votes "for", 412,126 "against" and 363,847 "abstain", plus 2,991,146 broker non-votes. In addition, they ratified the appointment of Plante & Moran, PLLC as LCNB’s independent registered accounting firm, with 10,679,369 votes "for", 71,764 "against" and 98,497 "abstain".
LCNB Corp. reported first quarter 2026 net income of $4.4 million, slightly below $4.6 million a year earlier, as higher credit costs offset stronger core performance. Earnings were $0.31 per diluted share, compared to $0.33 in 2025.
Tax‑equivalent net interest margin rose to 3.83% from 3.25%, driving record net interest income of $18.8 million, up 15.6% year-over-year. Pre‑tax, pre‑provision income increased 34.1% to $7.7 million, reflecting disciplined expenses and improved asset yields.
Credit costs rose sharply: the provision for credit losses was $2.3 million versus $197,000 a year ago, and net charge‑offs were $2.7 million, mainly from two logistics‑sector loans. Even so, nonperforming loans fell to 0.20% of total loans, and the allowance for credit losses increased to $13.4 million. Book value per share grew 6.0% to $19.36, while tangible book value per share rose 10.7% to $12.55. LCNB Wealth Management reached a record $1.57 billion of assets, producing $2.5 million of fiduciary income.