secwatch.observer — SEC 8-K summary
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Issuer:     LCNB CORP (LCNB)
CIK:        0001074902
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0001437749-25-002244
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LCNB Q4 GAAP EPS $0.44 (vs -$0.02); NIM 3.22%; NPLs rise to 0.27% of loans; dividend +3.5%
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- Q4 net income $6.1M ($0.44 diluted), vs loss of $293K ($0.02) in Q4 2023; full-year net income $13.5M ($0.97) vs $12.6M ($1.10).
- Net interest margin (tax-equivalent) improved to 3.22% in Q4 2024 from 2.99% a year ago; full-year NIM 2.91% vs 3.14%.
- Non-performing loans increased to $4.6M (0.27% of loans) from $152K (0.01%) at Dec 31, 2023, driven by one $2.6M CRE relationship.
- Wealth management assets grew 15.1% YoY to a record $1.38B; total assets under management $4.23B.
- Full-year cash dividend raised 3.5% to $0.88 per share from $0.85; adjusted EPS for 2024 was $1.27 vs $1.56.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1074902/000143774925002244/0001437749-25-002244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1074902/000143774925002244/lcnb20250102_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-002244

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