---
schema_version: "secwatch.filing_event.v1"
accession: "0001074902-23-000097"
form_type: "8-K"
ticker: "LCNB"
cik: "0001074902"
company_name: "LCNB CORP"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T01:57:37.869376+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LCNB completes acquisition of Cincinnati Bancorp; pro forma deposits $1.8B

## Summary
- Each CNNB share converted into 0.9274 LCNB shares, $17.21 cash, or a combination.
- CNNB shares ceased trading on OTCQX Market as of November 1, 2023.
- Combined entity now operates 33 full-service branches in Ohio and one in Kentucky.
- Pro forma at Sept 30, 2023: total deposits $1.8B, total loans $1.7B.
- Robert A. Bedinghaus, former CNNB Chairman/CEO, to join LCNB and LCNB National Bank boards.

## SEC filing metadata
- accession: 0001074902-23-000097
- form_type: 8-K
- ticker: LCNB
- cik: 0001074902
- company_name: LCNB CORP
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000097/0001074902-23-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000097/lcnb-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001074902-23-000097
- JSON: https://secwatch.observer/filing/0001074902-23-000097.json
- Plain text: https://secwatch.observer/filing/0001074902-23-000097.txt

## Key facts
- M&A Transactions
  LCNB CORP completed an acquisition involving Cincinnati Bancorp, Inc. for 0.9274 common shares of LCNB, $17.21 in cash, or a combination of both (closed 2023-11-01).
  - Action: acquisition
  - Counterparty: Cincinnati Bancorp, Inc.
  - Consideration: 0.9274 common shares of LCNB, $17.21 in cash, or a combination of both
  - Closing: 2023-11-01
  source text: for in the Merger Agreement), upon the election of the shareholder and in accordance with the procedures set forth in the Merger Agreement, converted into the right to receive 0.9274 common shares of LCNB, $17.21 in cash, or a combination of both. In addition, each CNNB shareholder who would otherwise be entitled to receive a fractional share of LCNB common
  evidence_url: https://www.sec.gov/Archives/edgar/data/1074902/000107490223000097/0001074902-23-000097-index.htm

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