LCNB Corp reports record FY2021 EPS $1.66, up 7.1%; total assets grow 9% to $1.90B

LCNB CORP

2021-FY EPS reported $1.66

Record net income $20.974M for 2021 (+4.5% YoY); diluted EPS $1.66 (+7.1%).
Q4 EPS $0.45 (+2.3% YoY); net income $5.627M (-2% YoY).
Total assets grew 9.0% to $1.90B; net loans up 5.4% to $1.36B.
Annual dividend increased 5.3% to $0.20/quarter; $8.31M in share repurchases in 2021.
Asset quality improved: nonperforming loans fell to 0.11% of total loans from 0.29%.

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