<SEC-DOCUMENT>0000906318-13-000035.txt : 20130419
<SEC-HEADER>0000906318-13-000035.hdr.sgml : 20130419
<ACCEPTANCE-DATETIME>20130419153401
ACCESSION NUMBER:		0000906318-13-000035
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20130419
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20130419
DATE AS OF CHANGE:		20130419

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LCNB CORP
		CENTRAL INDEX KEY:			0001074902
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		IRS NUMBER:				311626393
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35292
		FILM NUMBER:		13771486

	BUSINESS ADDRESS:	
		STREET 1:		2 NORTH BROADWAY
		CITY:			LEBANON
		STATE:			OH
		ZIP:			45036
		BUSINESS PHONE:		5139321414

	MAIL ADDRESS:	
		STREET 1:		2 NORTH BROADWAY
		CITY:			LEBANON
		STATE:			OH
		ZIP:			45036
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>lcnb8k041913.htm
<DESCRIPTION>8-K
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>.</TITLE>
<META NAME="date" CONTENT="04/19/2013">
</HEAD>
<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:624px"><P style="margin:0px; font-size:12pt" align=center>UNITED STATES</P>
<P style="margin:0px; font-size:12pt" align=center>SECURITIES AND EXCHANGE COMMISSION</P>
<P style="margin:0px; font-size:12pt" align=center>Washington, D.C. 20549</P>
<P style="margin:0px; font-size:12pt" align=center>___________________</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-size:12pt" align=center>FORM 8-K</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-size:12pt" align=center>CURRENT REPORT</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px; font-size:12pt" align=center>Pursuant to Section 13 or 15(d) of the</P>
<P style="margin:0px; font-size:12pt" align=center>Securities Exchange Act of 1934</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:32px; font-size:12pt" align=center>Date of Report (Date of earliest event reported): &nbsp;April 19, 2013</P>
<P style="margin:0px; font-size:12pt" align=center>LCNB CORP.</P>
<P style="margin:0px; font-size:12pt" align=center>(Exact name of Registrant as specified in its Charter)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=192 /><TD width=48 /><TD width=192 /><TD width=192 /></TR>
<TR><TD style="margin-top:0px" valign=top width=192><P style="margin:0px; font-size:12pt" align=center>Ohio</P>
</TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=192><P style="margin:0px; font-size:12pt" align=center>0-26121</P>
</TD><TD style="margin-top:0px" valign=top width=192><P style="margin:0px; font-size:12pt" align=center>31-1626393</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=192><P style="margin:0px; font-size:12pt" align=center>(State or other jurisdiction of incorporation)</P>
</TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=192><P style="margin:0px; font-size:12pt" align=center>(Commission File No.)</P>
</TD><TD style="margin-top:0px" valign=top width=192><P style="margin:0px; font-size:12pt" align=center>(IRS Employer Identification Number)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
</DIV><TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=384 /><TD width=119.467 /><TD width=127.733 /></TR>
<TR><TD style="margin-top:0px" valign=top width=384><P style="margin:0px; font-size:12pt" align=center>2 North Broadway, Lebanon, Ohio</P>
</TD><TD style="margin-top:0px" valign=top width=119.467><P style="margin:0px; font-size:12pt" align=center>45036</P>
</TD><TD style="margin-top:0px" valign=top width=127.733><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=384><P style="margin:0px; font-size:12pt" align=center>(Address of principal executive offices)</P>
</TD><TD style="margin-top:0px" valign=top width=119.467><P style="margin:0px; font-size:12pt" align=center>(Zip Code)</P>
</TD><TD style="margin-top:0px" valign=top width=127.733><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
</TABLE>
<DIV style="width:624px"><P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:16px; font-size:12pt" align=center>Registrant&#146;s telephone number, including area code: &nbsp;&nbsp;(513) 932-1414</P>
<P style="margin:0px; font-size:12pt" align=center>N/A</P>
<P style="margin:0px; font-size:12pt" align=center>(Former name or former address, if changed since last report)</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:6.667px"><BR>
<BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin-top:6.667px; margin-bottom:6.667px; font-size:12pt; page-break-before:always"><B>Item 2.02 &nbsp;&nbsp;Results of Operations and Financial Condition.</B></P>
<P style="margin-top:0px; margin-bottom:16px; text-indent:48px; font-size:12pt" align=justify>On April 19, 2013, LCNB Corp. issued an earnings release announcing its financial results for the first quarter ended March 31, 2013. &nbsp;A copy of the earnings release (Exhibit 99.1) and unaudited financial highlights (Exhibit 99.2) are attached and are furnished under this Item 2.02. </P>
<P style="margin-top:6.667px; margin-bottom:6.667px; font-size:12pt"><B>Item 8.01 &nbsp;&nbsp;Other Events. </B></P>
<P style="margin-top:6.667px; margin-bottom:16px; text-indent:48px; font-size:12pt" align=justify>On April 19, 2013, LCNB Corp. issued an earnings release announcing its financial results for the first quarter ended March 31, 2013. &nbsp;A copy of the earnings release (Exhibit 99.1) and unaudited financial highlights (Exhibit 99.2) are attached and are furnished under this Item 8.01. </P>
<P style="margin-top:6.667px; margin-bottom:6.667px; font-size:12pt"><B>Item 9.01 &nbsp;&nbsp;Financial Statements and Exhibits.</B></P>
<P style=margin-top:6.667px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; width:48px; font-size:12pt; float:left">(d)</P>
<P style="margin-top:0px; margin-bottom:6.667px; text-indent:-2px; font-size:12pt">Exhibits</P>
<P style="margin:6.667px; clear:left"><BR></P>
<P style=margin-top:6.667px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; width:144px; font-size:12pt; float:left"><B>Exhibit No.</B></P>
<P style="margin-top:0px; margin-bottom:6.667px; text-indent:-2px; font-size:12pt"><B>Description</B></P>
<P style=margin-top:6.667px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; width:144px; font-size:12pt; clear:left; float:left">99.1</P>
<P style="margin-top:0px; margin-bottom:6.667px; text-indent:-2px; font-size:12pt">Press release dated April 19, 2013</P>
<P style=margin-top:6.667px;margin-bottom:-1pt;font-size:1pt /><P style="margin-top:0px; margin-bottom:-2px; width:144px; font-size:12pt; clear:left; float:left">99.2</P>
<P style="margin-top:0px; margin-bottom:6.667px; text-indent:-2px; font-size:12pt">Unaudited Financial Highlights </P>
<P style="margin-top:0px; margin-bottom:16px; clear:left" align=center><BR>
<BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin-top:0px; margin-bottom:16px; font-size:12pt; page-break-before:always" align=center>SIGNATURES</P>
<P style="margin-top:0px; margin-bottom:16px; text-indent:48px; font-size:12pt" align=justify>Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.</P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=48 /><TD width=48 /><TD width=48 /><TD width=48 /><TD width=48 /><TD width=48 /><TD width=48 /><TD width=48 /><TD width=48 /><TD width=48 /><TD width=144 /></TR>
<TR><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=288 colspan=4><P style="margin-top:0px; margin-bottom:7.4px; font-size:12pt">LCNB CORP.</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=192 colspan=2><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=144><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=240 colspan=5><P style="margin:0px; font-size:12pt">Date: April 19, 2013</P>
</TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=288 colspan=4><P style="margin:0px; font-size:12pt">By: &nbsp;<U>/s/ Robert C. Haines II</U></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=240 colspan=3 rowspan=2><P style="margin:0px; font-size:12pt">Robert C. Haines II</P>
<P style="margin:0px; font-size:12pt">Chief Financial Officer</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=48><P style="margin:0px; padding:0px; font-size:12pt">&nbsp;</P></TD></TR>
</TABLE>
<P style="margin:0px"><BR>
<BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
</DIV><DIV style="width:700.8px"><P style="margin:0px; page-break-before:always"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
</DIV></BODY>
<!-- EDGAR Validation Code: B120B201 -->
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>lcnbexh991041913.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>.</TITLE>
<META NAME="date" CONTENT="04/19/2013">
</HEAD>
<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:700.8px"><P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:12pt" align=right><B>EXHIBIT 99.1</B></P>
<P style="margin:0px; font-size:12pt">Press Release</P>
<P style="margin:0px; font-size:12pt">April 19, 2013</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:48px; font-size:12pt" align=center><B>LCNB CORP. REPORTS FINANCIAL RESULTS FOR</B></P>
<P style="margin:0px; padding-left:48px; font-size:12pt" align=center><B>THE THREE MONTHS ENDED MARCH 31, 2013</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:12pt">LCNB Corp. (LCNB) today announced net income of $1,728,000 (total basic and diluted earnings per share of $0.23) for the three months ended March 31, 2013. &nbsp;This compares to net income of $2,277,000 (total basic and diluted earnings per share of $0.34) for the same three month period in 2012.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:12pt">Commenting on 2013&#146;s earnings, LCNB CEO Steve Wilson said &#147;We were pleased to add the customers and staff of Citizens National Bank, Chillicothe, Ohio to the LCNB family during the first quarter. &nbsp;With the completion of the merger, LCNB expands into the desirable markets of Fayette and Ross Counties and these markets will benefit from additional services that LCNB will be able to provide, especially trust and investment products and a higher regulatory lending limit. &nbsp;A necessary part of the merger, however, were expenditures totaling about $1,055,000 for costs associated with the merger and converting Citizens data processing system to LCNB&#146;s system. &nbsp;Now that these one-time costs are mostly behind us, we look forward to the financial benefits of the merger going forward and to serving the financial needs of the residents and businesses of Ross, Fayette, and surrounding counties.&#148;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:12pt">Net interest income for the first quarter 2013 was $569,000 greater than results for the first quarter 2012 primarily due to the increased volume of average interest earning assets provided by the merger, partially offset by a decrease in the net interest margin.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:12pt">The provision for loan losses for the first quarter 2013 was $66,000 less than for the same period in 2012. &nbsp;Net loan charge-offs for the first quarter 2013 and 2012 totaled $182,000 and $256,000, respectively. &nbsp;Non-accrual loans and loans past due 90 days or more and still accruing interest totaled $3,353,000 or 0.61% of total loans at March 31, 2013, compared to $2,411,000 or 0.53% of total loans at December 31, 2012. &nbsp;Other real estate owned (which includes property acquired through foreclosure or deed-in-lieu of foreclosure and also includes property deemed to be in-substance foreclosed) and other repossessed assets decreased from $2,189,000 at December 31, 2012 to $1,687,000 at March 31, 2013 primarily due to the sale of commercial real estate property during the quarter.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:12pt">Non-interest income for the first quarter 2013 was $171,000 greater than the comparable period in 2012 primarily due to increases in service charges and fees on deposit accounts primarily resulting from the merger and gains recognized on the sale of investment securities. &nbsp;The increases were partially offset by a decrease in trust income due to the absence of one-time fees recognized in 2012. &nbsp;&nbsp;</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:12pt">Non-interest expense for the first quarter 2013 was $1,643,000 more than the comparable period in 2012 primarily due the recognition of $1,055,000 in costs related to the merger with Citizens National Bank. &nbsp;&nbsp;Salaries and employee benefits, as well as a variety of other expense items, increased significantly due to the increased number of employees and offices resulting from the merger. &nbsp;These expense increases were partially offset by a gain recognized on the sale of other real estate owned property during the quarter.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:12pt">LCNB Corp. is a financial holding company headquartered in Lebanon, Ohio. &nbsp;LCNB Corp.&#146;s only business is ownership of LCNB National Bank, which has 31 offices located in Warren, Butler, Montgomery, Clinton, Clermont, Hamilton, Fayette, and Ross Counties, Ohio. &nbsp;Additional information about LCNB Corp. and information about products and services offered by LCNB National Bank can be found on the internet at <FONT style="color:#0000FF"><U>www.lcnb.com</U></FONT>.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding:4px; font-size:12pt; border:1px solid #000000">Certain matters disclosed herein may be deemed to be forward-looking statements that involve risks and uncertainties, including regulatory policy changes, interest rate fluctuations, loan demand, loan delinquencies and losses, and other risks. &nbsp;Actual strategies and results in future time periods may differ materially from those currently expected. &nbsp;Such forward-looking statements represent management&#146;s judgment as of the current date. &nbsp;LCNB disclaims any intent or obligation to update such forward-looking statements. &nbsp;&nbsp;LCNB intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.</P>
<P style="margin:0px" align=center><BR>
<BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=right><BR></P>
<P style="margin:0px" align=right><BR>
<BR></P>
</DIV></BODY>
<!-- EDGAR Validation Code: 4DBA6860 -->
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>lcnbexh992041913.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Converted by EDGARwiz</TITLE>
</HEAD>
<BODY style="margin-top:0;font-family:Times New Roman; font-size:10pt; color:#000000">
<DIV style="width:700.8px"><P style="margin:0px" align=right><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:12pt" align=right><B>EXHIBIT 99.2</B></P>
<P style="margin:0px; font-size:12pt" align=center><B>LCNB Corp. and Subsidiaries</B></P>
<P style="margin:0px; font-size:12pt" align=center><B>Financial Highlights</B></P>
<P style="margin:0px; font-size:12pt" align=center>&nbsp;(Dollars in thousands, except per share amounts)</P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=318 /><TD width=18 /><TD width=114 /><TD width=18 /><TD width=102 /></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:9pt"><B>Condensed Income Statement</B></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=234 colspan=3><P style="margin:0px; font-size:9pt" align=center><B>Three Months Ended</B></P>
<P style="margin:0px; font-size:9pt" align=center><B>March 31,</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114><P style="margin:0px; font-size:9pt" align=center>2013</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=102><P style="margin:0px; font-size:9pt" align=center>2012</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Interest income</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; font-size:9pt" align=right>$</P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>8,076</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>7,731</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Interest expense</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>1,098</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>1,322</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">&nbsp;&nbsp;Net interest income</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>6,978</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>6,409</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Provision for loan losses</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>149</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>215</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">&nbsp;&nbsp;Net interest income after provision</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>6,829</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>6,194</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Non-interest income</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>2,507</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>2,336</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Non-interest expense</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>7,091</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>5,448</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">&nbsp;&nbsp;Income before income taxes</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>2,245</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>3,082</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Provision for income taxes</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>517</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>805</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">&nbsp;&nbsp;Net income</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; font-size:9pt">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>1,728</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>2,277</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Dividends per common share</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; font-size:9pt">$</P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>0.16</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>0.16</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Earnings per common share:</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">&nbsp;&nbsp;Basic</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; font-size:9pt">$</P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>0.23</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>0.34</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">&nbsp;&nbsp;Diluted</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>0.23</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>0.34</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Average shares outstanding:</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">&nbsp;&nbsp;Basic</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>7,513,101</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>6,706,295</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">&nbsp;&nbsp;Diluted</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>7,610,626</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>6,773,451</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt"><B>Selected Financial Ratios</B></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Return on average assets</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>0.76%</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>1.15%</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Return on average equity</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>7.51%</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>11.56%</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Dividend payout ratio</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>69.57%</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>47.06%</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Net interest margin (tax equivalent)</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>3.53%</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>3.69%</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=318 /><TD width=18 /><TD width=114 /><TD width=18 /><TD width=102 /></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
<P style="margin:0px; font-size:9pt"><B>Selected Balance Sheet Items</B></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114><P style="margin:0px; font-size:9pt" align=center><B>March 31,</B></P>
<P style="margin:0px; font-size:9pt" align=center><B>2013</B></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=102><P style="margin:0px; font-size:9pt" align=center><B>December 31,</B></P>
<P style="margin:0px; font-size:9pt" align=center><B>2012</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Investment securities</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; font-size:9pt">$</P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>304,350</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>&nbsp;276,970</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Loans</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>549,667</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>453,783</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">&nbsp;&nbsp;Less allowance for loan losses</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>3,404</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>3,437</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">&nbsp;&nbsp;Net loans</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>546,263</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>450,346</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Total assets</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>946,404</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>788,637</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Total deposits</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>820,870</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>671,471</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Short-term borrowings</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>11,609</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>13,756</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Long-term debt</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>13,128</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>13,705</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Total shareholders<font style='font-family:Arial Unicode MS,Times New Roman'>&#8217;</font> equity</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>94,204</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>82,006</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Shares outstanding at period end</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>7,625,760</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>6,731,900</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Book value per share</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; font-size:9pt">$</P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>12.35</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>12.18</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Tangible book value per share</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>10.14</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>11.29</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Equity to assets ratio</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>9.95%</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>10.40%</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt"><B>Assets Under Management</B></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px" align=right><BR></P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px" align=right><BR></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">LCNB Corp. total assets</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; font-size:9pt">$</P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>946,404</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>788,637</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Trust and investments (fair value)</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>244,198</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>221,558</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Loans serviced</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>87,710</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>71,568</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Business cash management</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>6,473</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>6,673</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Brokerage accounts (fair value)</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px"><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>102,428</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>96,424</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=318><P style="margin:0px; font-size:9pt">Total assets managed</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px; font-size:9pt">$</P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=114><P style="margin:0px; font-size:9pt" align=right>1,387,213</P>
</TD><TD style="margin-top:0px" valign=top width=18><P style="margin:0px" align=center><BR></P>
</TD><TD style="margin-top:0px; border-bottom:3px double #000000" valign=top width=102><P style="margin:0px; font-size:9pt" align=right>1,184,860</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
</DIV></BODY>
<!-- EDGAR Validation Code: 07284F5E -->
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
