secwatch.observer — SEC 8-K summary
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Issuer:     LCNB CORP (LCNB)
CIK:        0001074902
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001074902-23-000107
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LCNB signs $23.1M deal for Eagle Financial Bancorp at $19.10/share or 1.1401 shares
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- Exchange ratio: 1.1401 LCNB shares or $19.10 cash per EFBI share; aggregate value ~$23.1M.
- Expected ~11.5% accretive to 2025 EPS and ~11.1% accretive to 2026 EPS.
- Tangible book value dilution ~2.4% at close; earn-back period ~2.1 years using crossover method.
- Eagle had $175.8M assets, $140.8M loans, $135.0M deposits as of Sept 30, 2023.
- Transaction expected to close in Q2 2024; Patricia L. Walter to join LCNB as EVP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074902/000107490223000107/0001074902-23-000107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074902/000107490223000107/lcnb-20231129.htm
  HTML page:      https://secwatch.observer/filing/0001074902-23-000107

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