Recent Updates — LCNB

LCNB Corp. reported third-quarter 2026 net income of $7.3 million, a 5.4% increase from the prior year period, resulting in earnings of $0.51 per diluted share. For the nine months ended September 30, 2026, net income rose to $19.2 million, or $1.35 per share, up from $17.5 million previously. Net interest income for the quarter was $19.7 million, supported by a tax-equivalent net interest margin of 3.92%, an improvement of 35 basis points year-over-year. The company also completed its first $25 million subordinated debt offering during the quarter to support future growth and expansion strategies. LCNB Corp. is a financial holding company that operates LCNB National Bank, providing personal and business banking services in Ohio.

LCNB Corp announced that Michael R. Miller, Executive Vice President and Chief Wealth Officer, will retire from both LCNB Corp and its subsidiary LCNB National Bank effective March 31, 2027. The departure is part of a planned leadership transition within the wealth management division. Joshua A. Shapiro has been promoted to Director of LCNB Wealth, assuming day-to-day responsibility for the Wealth Group starting January 1, 2027. Bradley A. Ruppert, Executive Vice President and Chief Investment Officer, will continue to provide executive oversight of the group. Under Miller's leadership since 2017, LCNB Wealth grew assets under management from approximately $457 million at year-end 2016 to roughly $1.68 billion as of June 30, 2026. LCNB Corp operates in the financial services industry as a bank holding company providing personal and business banking, lending, and wealth management services.

LCNB Corp. closed a private placement of $25,000,000 in aggregate principal amount of 6.50% Fixed-to-Floating Rate Subordinated Notes due August 15, 2036. The notes bear interest at a fixed annual rate of 6.50%, payable semi-annually, until August 15, 2031, when the rate resets quarterly to three-month SOFR plus 234 basis points. LCNB intends to use approximately $8,800,000 of the net proceeds to repay existing long-term debt, with the remainder supporting general corporate purposes and growth at its banking subsidiary. The notes qualify as Tier 2 regulatory capital and are callable after August 15, 2031. LCNB Corp. operates in the financial services industry as a bank holding company providing commercial and retail banking services through its subsidiary, LCNB National Bank.

LCNB Corp. reported record second quarter 2026 financial results, with net interest income reaching $19.8 million, a 12.8% year-over-year increase. Net income for the quarter was $7.5 million, and earnings per diluted share rose 29% year-over-year to $0.53. The company also paid a quarterly dividend of $0.22 per share. LCNB Corp. is a financial holding company that provides banking and wealth management services.