LCNB CORP

For the period ended Jun 30, 2025. Filed Aug 6, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 6, 2025

LCNB$19.66-0.6%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

CONSOLIDATED CONDENSED STATEMENTS OF INCOME

(Dollars in thousands, except per share data)

Three Months Ended · Six Months Ended
	June 30,		June 30,
	2025	2024	2025	2024
INTEREST INCOME:
Interest and fees on loans	$23,838	24,836	47,019	47,518
Dividends on equity securities:
With a readily determinable fair value	11	9	21	18
Without a readily determinable fair value	25	30	54	61
Interest on debt securities:
Taxable	1,213	1,183	2,469	2,415
Non-taxable	161	145	307	288
Other investments	691	762	1,385	1,423
TOTAL INTEREST INCOME	25,939	26,965	51,255	51,723
INTEREST EXPENSE:
Interest on deposits	7,119	9,690	14,678	17,880
Interest on short-term borrowings	1	181	2	1,116
Interest on long-term debt	1,278	1,877	2,735	3,615
TOTAL INTEREST EXPENSE	8,398	11,748	17,415	22,611
NET INTEREST INCOME	17,541	15,217	33,840	29,112
PROVISION FOR CREDIT LOSSES	18	528	215	653
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES	17,523	14,689	33,625	28,459
NON-INTEREST INCOME:
Fiduciary income	2,262	2,067	4,426	4,040
Service charges and fees on deposit accounts	1,884	1,537	3,650	2,921
Net losses from sales of debt securities, available-for-sale	—	—	—	(214)
Bank-owned life insurance income	353	341	699	659
Net gains from sales of loans	615	50	1,456	572
Other operating income	134	85	239	31
TOTAL NON-INTEREST INCOME	5,248	4,080	10,470	8,009
NON-INTEREST EXPENSE:
Salaries and employee benefits	8,872	9,006	18,044	17,560
Equipment expenses	371	395	753	785
Occupancy expense, net	1,022	944	2,032	1,949
State financial institutions tax	449	476	902	904
Marketing	281	210	596	384
Amortization of intangibles	301	298	598	534
FDIC insurance premiums, net	380	394	790	898
Contracted services	859	844	1,729	1,628
Merger-related expenses	140	2,320	140	3,095
Other non-interest expense	2,892	2,938	5,792	5,560
TOTAL NON-INTEREST EXPENSE	15,567	17,825	31,376	33,297
INCOME BEFORE INCOME TAXES	7,204	944	12,719	3,171
PROVISION FOR INCOME TAXES	1,285	19	2,191	331
NET INCOME	$5,919	925	10,528	2,840
Earnings per common share:
Basic	$0.41	0.07	0.74	0.21
Diluted	0.41	0.07	0.74	0.21
Weighted average common shares outstanding:
Basic	14,085,764	13,948,671	14,070,417	13,526,261
Diluted	14,085,764	13,948,671	14,070,417	13,526,261

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.