LCNB Corp. reports Q2 2023 net income of $4.7 million, EPS $0.42; progresses Cincinnati Bancorp acquisition

LCNB CORP

2023-Q2 EPS reported $0.79

Net loans increased 4.7% year-over-year to a record $1.43 billion at June 30, 2023
Nonperforming loans to total loans remained low at 0.05% as of June 30, 2023
LCNB Wealth Management assets grew 21.4% year-over-year to a record $1.13 billion
Acquisition of Cincinnati Bancorp expected to close in the 2023 fourth quarter
Dividend per share increased 5% to $0.21, and $1.5 million in stock was repurchased in Q2

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LCNB CORP reported the six months ended June 30, 2023 results: net income $8,851,000, EPS $0.79.

Period: the six months ended June 30, 2023
Net income: $8,851,000
EPS: $0.79
Result: reported results

Exact text from the filing

Net income for the six-month period ended June 30, 2023 was $8,851,000, compared to $10,141,000 for the same period last year. Earnings per basic and diluted share for the six-month period ended June 30, 2023 were $0.79, compared to $0.87 for the same period last year.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

LCNB CORP reported the three months ended June 30, 2023 results: net income $4,694,000, EPS $0.42.

Period: the three months ended June 30, 2023
Net income: $4,694,000
EPS: $0.42
Result: reported results

Exact text from the filing

Net income for the 2023 second quarter was $4,694,000, compared to $5,618,000 for the same period last year. Earnings per basic and diluted share for the 2023 second quarter were $0.42, compared to $0.49 for the same period last year.

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Source: SEC EDGAR

accession 0001074902-23-000084

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