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Acquired Credit Impaired Loans (Tables)
 6 Months Ended
Jun. 30, 2024
Receivables [Abstract]  
Financing Receivable, Purchased With Credit Deterioration
LCNB acquired loans through the merger with EFBI for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination. The carrying amount of these loans at acquisition on April 12, 2024 is as follows (in thousands):

Purchase price of loans at acquisition2,811
Allowance for credit losses at acquisition189
Non-credit discount/(premium) at acquisition253
Par value of acquired loans at acquisition$3,253 
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Schedule by Classification Type
The following table provides, as of June 30, 2024, the major classifications of purchased credit deteriorated loans acquired from EFBI (in thousands):
Commercial & industrial$184 
Commercial, secured by real estate379 
Residential real estate2,414 
  Total$2,977 
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Outstanding Balance and Carrying Amount
The following table provides the outstanding balance and related carrying amount for purchased credit deteriorated loans acquired from EFBI as of June 30, 2024 (in thousands):
Outstanding balance$3,228 
Carrying amount2,977 
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule
Activity during 2024 for the accretable discount related to purchased credit deteriorated loans acquired from EFBI and CNNB is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Accretable discount, beginning of period$1,410 — 1,467 — 
Accretable discount acquired during period from merger with EFBI253 — 253 — 
Less loans transferred to held-for-sale396 — 396 — 
Less accretion108 — 165 — 
Accretable discount, end of period$1,159 — 1,159 —