secwatch.observer — SEC 8-K summary
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Issuer:     LCNB CORP (LCNB)
CIK:        0001074902
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001074902-23-000036
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074902/000107490223000036/0001074902-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074902/000107490223000036/lcnb-20230126.htm
  HTML page:      https://secwatch.observer/filing/0001074902-23-000036

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