{"schema_version":"secwatch.filing_event.v1","accession":"0001074902-23-000065","form_type":"8-K","ticker":"LCNB","cik":"0001074902","company_name":"LCNB CORP","filed_at":"2023-05-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.864995+00:00","generated_at":"2026-06-14T20:44:46.441606+00:00","sec_items":["1.01","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LCNB Corp. to acquire Cincinnati Bancorp for ~$43.7M in stock/cash; 108.9% of tangible book","bullets":["CNNB shareholders elect 0.9274 LCNB shares or $17.21 cash per share; 80% stock/20% cash mix.","Consideration valued at ~$43.7M; 108.9% of tangible book value and 32.3x LTM earnings.","Transaction ~18.2% accretive to 2024 EPS and ~26.2% to 2025 EPS; TBV dilution ~6.6% with ~2.3yr earn-back.","One-time after-tax costs estimated at $7.3M; expected close Q4 2023 pending approvals.","CNNB has $304.7M assets; Robert Bedinghaus to join LCNB board post-closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001074902-23-000065","json":"https://secwatch.observer/filing/0001074902-23-000065.json","markdown":"https://secwatch.observer/filing/0001074902-23-000065.md","text":"https://secwatch.observer/filing/0001074902-23-000065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1074902/000107490223000065/0001074902-23-000065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1074902/000107490223000065/lcnb-20230518.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T20:44:46.441606+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ddbded6b7e3c546bbf982e66d262c5502e1fb562","claim":"LCNB CORP entered into Agreement and Plan of Merger with Cincinnati Bancorp, Inc. (effective 2023-05-17).","evidence_excerpt":"On May 17, 2023, LCNB Corp., an Ohio corporation (“LCNB”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Cincinnati Bancorp, Inc., a Maryland corporation (“CNNB”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1074902/000107490223000065/0001074902-23-000065-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Cincinnati Bancorp, Inc."},{"label":"Effective","value":"2023-05-17"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}