secwatch.observer — SEC 8-K summary
======================================

Issuer:     LCNB CORP (LCNB)
CIK:        0001074902
Form:       8-K
Filed at:   2024-10-21T23:59:59+00:00
Accession:  0001437749-24-031648
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LCNB Q3 net income up 11% YoY to $4.5M; tangible book value rises to $10.97
---------------------------------------------------------------------------

- Q3 net income $4.5M ($0.31 EPS) vs $4.1M ($0.37 EPS) last year; adjusted net income $4.8M ($0.34 EPS).
- Net interest income $15.0M, up 10.3% YoY; NIM (tax equivalent) 2.84% vs 3.04% last year.
- Non-interest income $6.4M, up 79% YoY driven by loan sales gains of $1.6M.
- Wealth management assets $1.37B, up 24.4% YoY; total assets under management $4.25B.
- Dividend increased 4.8% to $0.22/share; tangible book value $10.97 per share (up 8.8% QoQ).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074902/000143774924031648/0001437749-24-031648-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074902/000143774924031648/lcnb20240827_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-031648

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer