---
schema_version: "secwatch.filing_event.v1"
accession: "0001074902-23-000092"
form_type: "8-K"
ticker: "LCNB"
cik: "0001074902"
company_name: "LCNB CORP"
filed_at: "2023-10-23T23:59:59+00:00"
generated_at: "2026-06-09T16:12:24.780347+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# LCNB Q3 net income $4.07M, EPS $0.37; Cincinnati Bancorp acquisition expected Nov 2023

## Summary
- Net income down 27% YoY to $4.07M; diluted EPS $0.37 vs $0.49 prior year.
- Adjusted EPS $0.40 excluding $302K merger-related costs; net interest margin fell to 3.04% from 3.54%.
- Net loans rose 5.8% YoY to $1.45B; loan-to-deposit ratio 90.20%; deposits up 1.3% linked quarter.
- Asset quality: nonperforming loans just 0.02% of total loans; net recovery of $114K in Q3.
- Dividend increased 5% to $0.21/share; share repurchase of 199,913 shares YTD at avg $16.47.

## SEC filing metadata
- accession: 0001074902-23-000092
- form_type: 8-K
- ticker: LCNB
- cik: 0001074902
- company_name: LCNB CORP
- filed_at: 2023-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000092/0001074902-23-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000092/lcnb-20231023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001074902-23-000092
- JSON: https://secwatch.observer/filing/0001074902-23-000092.json
- Plain text: https://secwatch.observer/filing/0001074902-23-000092.txt

## Key facts
- Earnings Releases
  LCNB CORP reported the three months ended September 30, 2023 results: net income $4,070,000, EPS $0.37.
  - Period: the three months ended September 30, 2023
  - Net income: $4,070,000
  - EPS: $0.37
  - Result: reported results
  source text: LCNB Corp. issued an earnings release announcing its financial results for the three months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000092/0001074902-23-000092-index.htm
- Earnings Releases
  LCNB CORP reported the nine-month period ended September 30, 2023 results: net income $12,921,000, EPS $1.16.
  - Period: the nine-month period ended September 30, 2023
  - Net income: $12,921,000
  - EPS: $1.16
  - Result: reported results
  source text: Net income for the nine-month period ended September 30, 2023 was $12,921,000, compared to $15,720,000 for the same period last year. Earnings per basic and diluted share for the nine-month period ended September 30, 2023 were $1.16, compared to $1.36 for the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000092/0001074902-23-000092-index.htm

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