---
schema_version: "secwatch.filing_event.v1"
accession: "0001074902-23-000036"
form_type: "8-K"
ticker: "LCNB"
cik: "0001074902"
company_name: "LCNB CORP"
filed_at: "2023-01-26T23:59:59+00:00"
generated_at: "2026-06-20T07:47:44.611260+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LCNB reports record FY2022 net income of $22.1M, EPS $1.93, up 5.5% and 16.3% YoY

## Summary
- Q4 net income $6.41M (record), EPS $0.57, up 13.9% and 26.7% YoY respectively.
- Net interest margin expanded to 3.77% in Q4 from 3.34% a year ago; full-year margin 3.55% vs 3.45%.
- Net loans grew 2.3% to record $1.40B; nonperforming loans to total loans improved to 0.03%.
- Share repurchases of $23.66M (1.21M shares) in FY2022; quarterly dividend raised 5% to $0.21/share.
- Total assets at record $1.92B; deposits decreased 1.5% to $1.60B due to competition.

## SEC filing metadata
- accession: 0001074902-23-000036
- form_type: 8-K
- ticker: LCNB
- cik: 0001074902
- company_name: LCNB CORP
- filed_at: 2023-01-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000036/0001074902-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000036/lcnb-20230126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001074902-23-000036
- JSON: https://secwatch.observer/filing/0001074902-23-000036.json
- Plain text: https://secwatch.observer/filing/0001074902-23-000036.txt

## Key facts
- Earnings Releases
  LCNB CORP reported the twelve-month period ended December 31, 2022 results: net income $22,128,000, EPS $1.93.
  - Period: the twelve-month period ended December 31, 2022
  - Net income: $22,128,000
  - EPS: $1.93
  - Result: reported results
  source text: Net income for the twelve-month period ended December 31, 2022, was an annual record of $22,128,000, representing an increase of 5.5% as compared to $20,974,000 for the same period last year. Earnings per basic and diluted share for the twelve-month period ended December 31, 2022, were an annual record of $1.93, representing an increase of 16.3% as compared to $1.66 for the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000036/0001074902-23-000036-index.htm
- Earnings Releases
  LCNB CORP reported the three months ended December 31, 2022 results: net income $6,408,000, EPS $0.57.
  - Period: the three months ended December 31, 2022
  - Net income: $6,408,000
  - EPS: $0.57
  - Result: reported results
  source text: Net income for the 2022 fourth quarter was a quarterly record of $6,408,000, a 13.9% increase as compared to $5,627,000 for the same period last year. Earnings per basic and diluted share for the 2022 fourth quarter were a quarterly record of $0.57, an increase of 26.7% as compared to $0.45 for the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000036/0001074902-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.