XML 44 R31.htm IDEA: XBRL DOCUMENT
v3.22.4

INVESTMENT SECURITIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract] |
Amortized Cost and Fair Value of Available-for-Sale Investment Securities | The amortized cost and estimated fair value of debt securities at December 31 are summarized as follows (in thousands):
| Amortized Cost |  | Unrealized Gains |  | Unrealized Losses |  | Fair Value
2022 |  |  |  |  |  |  |
Debt Securities Available-for-Sale: |  |  |  |  |  |  |
U.S. Treasury notes | $ | 84,927 |  |  | — |  |  | 8,480 |  |  | 76,447 |
U.S. Agency notes | 89,160 |  |  | — |  |  | 11,184 |  |  | 77,976 |
Corporate Bonds | 7,450 |  |  | 13 |  |  | 778 |  |  | 6,685 |
U.S. Agency mortgage-backed securities | 90,746 |  |  | 5 |  |  | 11,311 |  |  | 79,440 |
Municipal securities: |  |  |  |  |  |  |
Non-taxable | 8,892 |  |  | — |  |  | 368 |  |  | 8,524 |
Taxable | 46,556 |  |  | 1 |  |  | 5,779 |  |  | 40,778 |
| $ | 327,731 |  |  | 19 |  |  | 37,900 |  |  | 289,850 |
Debt Securities Held-to-Maturity: |  |  |  |  |  |  |
Municipal securities: |  |  |  |  |  |  |
Non-taxable | $ | 16,447 |  |  | 10 |  |  | 594 |  |  | 15,863 |
Taxable | 3,431 |  |  | — |  |  | 409 |  |  | 3,022 |
| $ | 19,878 |  |  | 10 |  |  | 1,003 |  |  | 18,885 |
2021 |  |  |  |  |  |  |
Debt Securities Available-for-Sale: |  |  |  |  |  |  |
U.S. Treasury notes | $ | 75,443 |  |  | 57 |  |  | 756 |  |  | 74,744 |
U.S. Agency notes | 89,293 |  |  | 45 |  |  | 2,092 |  |  | 87,246 |
Corporate Bonds | 5,200 |  |  | 70 |  |  | 118 |  |  | 5,152 |
U.S. Agency mortgage-backed securities | 96,018 |  |  | 1,350 |  |  | 692 |  |  | 96,676 |
Municipal securities: |  |  |  |  |  |  |
Non-taxable | 8,959 |  |  | 125 |  |  | 18 |  |  | 9,066 |
Taxable | 35,208 |  |  | 531 |  |  | 446 |  |  | 35,293 |
| $ | 310,121 |  |  | 2,178 |  |  | 4,122 |  |  | 308,177 |
Debt Securities Held-to-Maturity: |  |  |  |  |  |  |
Municipal securities: |  |  |  |  |  |  |
Non-taxable | $ | 19,403 |  |  | 98 |  |  | — |  |  | 19,501 |
Taxable | 3,569 |  |  | 21 |  |  | 4 |  |  | 3,586 |
| $ | 22,972 |  |  | 119 |  |  | 4 |  |  | 23,087 |
Securities in a Continuous Loss Position | Information concerning debt securities with gross unrealized losses at December 31, aggregated by length of time that individual securities have been in a continuous loss position, is as follows (in thousands):
| Less Than Twelve Months |  | Twelve Months or More
| Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses
2022 |  |  |  |  |  |  |
Available-for-Sale: |  |  |  |  |  |  |
U.S. Treasury notes | $ | 16,521 |  |  | 931 |  |  | 59,927 |  |  | 7,549 |
U.S. Agency notes | 7,729 |  |  | 543 |  |  | 70,247 |  |  | 10,641 |
Corporate Bonds | 2,667 |  |  | 283 |  |  | 3,255 |  |  | 495 |
U.S. Agency mortgage-backed securities | 41,543 |  |  | 3,597 |  |  | 37,282 |  |  | 7,714 |
Municipal securities: |  |  |  |  |  |  |
Non-taxable | 6,831 |  |  | 248 |  |  | 893 |  |  | 120 |
Taxable | 22,162 |  |  | 1,951 |  |  | 18,435 |  |  | 3,828 |
| $ | 97,453 |  |  | 7,553 |  |  | 190,039 |  |  | 30,347 |
Held-to-Maturity: |  |  |  |  |  |  |
Municipal securities: |  |  |  |  |  |  |
Non-taxable | $ | 9,567 |  |  | 593 |  |  | 31 |  |  | 1 |
Taxable | 2,811 |  |  | 370 |  |  | 212 |  |  | 39 |
| $ | 12,378 |  |  | 963 |  |  | 243 |  |  | 40 |
2021 |  |  |  |  |  |  |
Available-for-Sale: |  |  |  |  |  |  |
U.S. Treasury notes | $ | 66,891 |  |  | 756 |  |  | — |  |  | — |
U.S. Agency notes | 58,648 |  |  | 1,257 |  |  | 20,289 |  |  | 835 |
Corporate Bonds | 3,898 |  |  | 102 |  |  | 484 |  |  | 16 |
U.S. Agency mortgage-backed securities | 49,813 |  |  | 692 |  |  | — |  |  | — |
Municipal securities: |  |  |  |  |  |  |
Non-taxable | 1,020 |  |  | 18 |  |  | — |  |  | — |
Taxable | 18,434 |  |  | 322 |  |  | 3,535 |  |  | 124 |
| $ | 198,704 |  |  | 3,147 |  |  | 24,308 |  |  | 975 |
Held-to-Maturity: |  |  |  |  |  |  |
Municipal securities: |  |  |  |  |  |  |
Non-taxable | $ | 46 |  |  | — |  |  | — |  |  | — |
Taxable | 271 |  |  | 4 |  |  | — |  |  | — |
| $ | 317 |  |  | 4 |  |  | — |  |  | — |
Investments Classified by Contractual Maturity Date | Contractual maturities of debt securities at December 31, 2022 were as follows (in thousands). Actual maturities may differ from contractual maturities when issuers have the right to call or prepay obligations.
| Available-for-Sale |  | Held-to-Maturity
| Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Due within one year | $ | 13,193 |  |  | 13,004 |  |  | 755 |  |  | 752 |
Due from one to five years | 133,026 |  |  | 119,304 |  |  | 3,628 |  |  | 3,475 |
Due from five to ten years | 90,036 |  |  | 77,467 |  |  | 2,440 |  |  | 2,238 |
Due after ten years | 730 |  |  | 635 |  |  | 13,055 |  |  | 12,420 |
| 236,985 |  |  | 210,410 |  |  | 19,878 |  |  | 18,885 |
U.S. Agency mortgage-backed securities | 90,746 |  |  | 79,440 |  |  | — |  |  | — |
| $ | 327,731 |  |  | 289,850 |  |  | 19,878 |  |  | 18,885 |
Realized Gain (Loss) on Investment Securities Available-for-Sale | Certain information concerning the sale of debt securities available-for-sale for the years ended December 31 was as follows (in thousands):
| 2022 |  | 2021 |  | 2020
Proceeds from sales | $ | — |  |  | 21,235 |  |  | 8,786 |
Gross realized gains | — |  |  | 365 |  |  | 221 |
Gross realized losses | — |  |  | 62 |  |  | — |
Equity Securities with Readily Determinable Fair Value [Table Text Block] | The amortized cost and estimated fair value of equity securities with a readily determinable fair value at December 31 are summarized as follows (in thousands):
| 2022 |  | 2021
| Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Mutual funds | $ | 1,429 |  |  | 1,234 |  |  | 1,410 |  |  | 1,379 |
Equity securities | 778 |  |  | 1,039 |  |  | 778 |  |  | 1,167 |
Total equity securities with a readily determinable fair value | $ | 2,207 |  |  | 2,273 |  |  | 2,188 |  |  | 2,546 |
Equity Securities With Readily Determinable Fair Value, Changes in Fair Value [Table Text Block] | Certain information concerning changes in fair value of equity securities with a readily determinable fair value for the years ended December 31 was as follows (in thousands):
| 2022 |  | 2021 |  | 2020
Net gains (losses) recognized | $ | (292) |  |  | 141 |  |  | 675 |
Less net realized gains on equity securities sold | — |  |  | — |  |  | 658 |
Unrealized gains (losses) recognized and still held at period end | $ | (292) |  |  | 141 |  |  | 17 |

X
- Definition Equity Securities With Readily Determinable Fair Value, Changes in Fair Value [Table Text Block] + References No definition available. + Details
Name: | lcnb_EquitySecuritiesWithReadilyDeterminableFairValueChangesinFairValueTableTextBlock
Namespace Prefix: | lcnb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in equity securities with readil y determinable fair values. + References No definition available. + Details
Name: | lcnb_EquitySecuritieswithReadilyDeterminableFairValueTableTextBlock
Namespace Prefix: | lcnb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI https://asc.fasb.org/topic&trid=2196928 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=121590138&loc=SL82922954-210456 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27290-111563 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=124269663&loc=SL82922888-210455 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of realized gains and losses on investments reported in the statement of income. + References No definition available. + Details
Name: | us-gaap_RealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration