secwatch.observer — SEC 8-K summary
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Issuer:     LCNB CORP (LCNB)
CIK:        0001074902
Form:       8-K
Filed at:   2024-01-31T23:59:59+00:00
Accession:  0001074902-24-000005
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LCNB Q4 net loss $293K on merger costs; adjusted EPS $0.34; full-year EPS $1.10
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- Q4 2023 net loss of $293K ($0.02 loss per share) vs net income of $6.4M ($0.57) in Q4 2022.
- Adjusted Q4 net income of $4.2M ($0.34 per diluted share) vs $6.4M ($0.57) a year ago.
- Full-year 2023 net income $12.6M ($1.10) vs $22.1M ($1.93); adjusted $17.8M ($1.56).
- Net interest margin (tax-equivalent) fell to 2.99% in Q4 from 3.77% a year ago; record annual non-interest income $15.4M (+7.9%).
- Completed Cincinnati Bancorp acquisition Nov 1; Eagle Financial deal expected Q2 2024; quarterly dividend raised 4.8% to $0.22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074902/000107490224000005/0001074902-24-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074902/000107490224000005/lcnb-20240131.htm
  HTML page:      https://secwatch.observer/filing/0001074902-24-000005

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