Loans and Credit Losses - As of December 31, 2025, total loans outstanding amounted to $1,705.5 million, with commercial and industrial loans at $104.1 million and residential real estate loans at $470.4 million[100] - The allowance for credit losses on loans was $13.7 million, representing 0.80% of total loans outstanding, an increase from 0.70% in 2024[100] - The ratio of the allowance for credit losses to total non-accrual loans was 763.88% as of December 31, 2025[100] - The allowance for credit losses on loans was $13,704 thousand, representing 0.80% of total loans outstanding[100] - Loans maturing beyond one year totaled $1,582,889 thousand, with fixed-rate loans at $549,113 thousand[100] Deposits - Uninsured deposits, including related interest accrued and unpaid, were estimated at $304.1 million as of December 31, 2025, up from $245.8 million in 2024[101] - The estimated amount of time deposits exceeding the FDIC insurance limit was $8,005 thousand maturing within 3 months[102] Securities and Yields - The total yield on available-for-sale U.S. Treasury notes was 1.19%, while the yield on U.S. Agency notes was 1.40%[97] - The weighted average yield on corporate bonds was 5.74%, with maturities after ten years yielding 7%[97] - The total amount of municipal securities was $4,191 million for tax-exempt and $32,898 million for taxable, with yields of 3.13% and 2.10% respectively[97] - The total U.S. Agency mortgage-backed securities amounted to $68.1 million, with a yield of 2.32%[97] - The total amount of U.S. Agency notes held was $75.3 million, with a weighted average yield of 1.40%[97] - Total U.S. Treasury notes amounted to $52,626 thousand with a yield of 1.19%[97] - Total U.S. Agency notes reached $75,299 thousand, yielding 1.40%[97] - The total corporate bonds were $12,013 thousand with a yield of 5.74%[97] - The total municipal securities, taxable, amounted to $32,898 thousand with a yield of 2.10%[97]

Dividend Announcement - LCNB Corp. declared a cash dividend of $0.22 per common share for the first quarter of 2026, with a record date of March 2, 2026, and payment date of March 16, 2026 [1] Company Overview - LCNB Corp. is a financial holding company based in Lebanon, Ohio, operating through its subsidiary, LCNB National Bank, which serves customers in Southwest and South-Central Ohio [1] - The bank offers a wide range of services including personal and business banking, online banking, lending, investment services, and trust services [1] Recent Financial Performance - LCNB Corp. reported financial results for the three and twelve months ended December 31, 2025, highlighting a transformative year due to acquisitions of Eagle Financial Bancorp, Inc. and Cincinnati Bancorp, Inc. [1] - The CEO emphasized the earnings power of the enhanced platform following these acquisitions [1]

分组1 - LCNB reported quarterly earnings of $0.4 per share, missing the Zacks Consensus Estimate of $0.44 per share, and down from $0.44 per share a year ago, representing an earnings surprise of -9.09% [1] - The company posted revenues of $23.86 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 5.10%, compared to year-ago revenues of $22.7 million [2] - LCNB has surpassed consensus EPS estimates two times over the last four quarters and has topped consensus revenue estimates two times as well [2] 分组2 - The stock's immediate price movement will depend on management's commentary during the earnings call and the sustainability of earnings expectations [3] - LCNB shares have increased by about 2.8% since the beginning of the year, outperforming the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the coming quarter is $0.42 on $22.6 million in revenues, and $1.70 on $92.7 million in revenues for the current fiscal year [7] 分组3 - The Zacks Industry Rank for Banks - Northeast is currently in the top 23% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact LCNB's performance [5] - The estimate revisions trend for LCNB was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, suggesting it will perform in line with the market [6]

Financial Performance - Net income for the year ended December 31, 2025, was $23,120,000, compared to $13,492,000 in 2024, reflecting a year-over-year increase of 71.5%[2] - Basic earnings per common share for Q4 2025 was $0.40, down from $0.44 in Q4 2024, showing a decrease of 9.1%[2] - Net interest income for the year ended December 31, 2025, was $70,388, with a net interest margin of 3.50%[9] - Net interest income increased from $60,795 million in 2024 to $70,222 million in 2025, a growth of approximately 15.4%[14] - Non-interest income rose from $20,404 million in 2024 to $21,775 million in 2025, an increase of about 6.7%[14] - The company reported a net interest income after provision for credit losses of $68,286 million in 2025, compared to $58,833 million in 2024, an increase of about 16.0%[14] Asset and Liability Management - Total assets as of December 31, 2025, were $2,240,769 million, a slight decrease from $2,244,365 million in the previous quarter[6] - Total assets decreased from $2,307,394 million in 2024 to $2,240,769 million in 2025, a decline of approximately 2.9%[12] - Total deposits decreased to $1,840,355 million from $1,849,082 million in the previous quarter, indicating a decline in customer deposits[4] - Total deposits fell from $1,878,292 million in 2024 to $1,840,355 million in 2025, representing a decrease of about 2.0%[12] - Total loans, gross, as of December 31, 2025, were $1,705,531,000, a slight decrease from $1,721,812,000 in 2024[3] Credit Quality - Provision for credit losses increased to $1,510,000 in Q4 2025 from $649,000 in Q4 2024, indicating a significant rise in expected credit losses[2] - The allowance for credit losses on loans increased to $13,704 million from $12,170 million in the previous quarter, reflecting a provision for credit losses of $1,520 million[4] - Non-performing loans as a percentage of total loans were 0.14%, showing a slight increase from 0.12% in the previous quarter[5] - The net charge-offs to average loans ratio remained at 0.00%, indicating stable asset quality[5] - Provision for credit losses was $1,936 million in 2025, slightly down from $1,962 million in 2024[14] Efficiency and Cost Management - The efficiency ratio (tax equivalent) improved to 64.39% in Q4 2025 from 64.16% in Q4 2024, indicating better cost management[3] - Total non-interest expense decreased from $63,276 million in 2024 to $61,909 million in 2025, a reduction of approximately 2.2%[14] Shareholder Value - Book value per share increased to $19.30 as of December 31, 2025, compared to $17.92 a year earlier, indicating growth in shareholder equity[2] - The dividend payout ratio increased to 55.00% in Q4 2025 from 50.00% in Q4 2024, reflecting a higher proportion of earnings distributed to shareholders[3] - The total shareholders' equity increased to $273,929 million from $269,870 million in the previous quarter, reflecting growth in retained earnings[4] Interest Income and Yield - The average outstanding loans for the year ended December 31, 2025, were $1,705,520, with an interest earned of $94,313, resulting in an average yield of 5.53%[9] - Interest-bearing demand deposits for the year ended December 31, 2025, totaled $9,592, generating interest of $577, with a yield of 6.02%[9] - The net interest rate spread for the year ended December 31, 2025, was 2.97%, an increase from 2.32% in the previous year[9] - Total interest-bearing liabilities for the year ended December 31, 2025, were $1,519,549, with total interest paid of $32,525, resulting in an average yield of 2.14%[9] - The ratio of interest-earning assets to interest-bearing liabilities was 132.49% for the year ended December 31, 2025, compared to 128.19% in 2024[9] - Average outstanding interest-bearing time deposits for the year ended December 31, 2025, were $443, with interest earned of $14, yielding 3.16%[9] - Total earnings assets for the year ended December 31, 2025, were $2,013,275, generating total interest income of $102,913, with an average yield of 5.11%[9] - The average outstanding balance of Federal Home Loan Bank stock was $20,710, with interest earned of $1,785, resulting in an average yield of 8.62% for the year ended December 31, 2025[9]

Company Overview - LCNB shares increased by 5.2% to close at $17.49, with notable trading volume compared to typical sessions [1] - The stock has shown a 0.5% gain over the past four weeks [1] Earnings Expectations - LCNB is expected to report quarterly earnings of $0.44 per share, unchanged from the previous year [2] - Revenue is anticipated to be $22.7 million, also unchanged from the year-ago quarter [2] Stock Performance Insights - The consensus EPS estimate for LCNB has remained stable over the last 30 days, indicating no recent trend in earnings estimate revisions [3] - A stock's price typically does not continue to rise without trends in earnings estimate revisions, suggesting the need for monitoring LCNB's performance [3] Industry Context - LCNB is part of the Zacks Banks - Northeast industry, where First Internet Bancorp (INBK) also operates [3] - INBK's consensus EPS estimate has remained unchanged at $0.59, reflecting a 43.9% increase compared to the previous year [4]

Group 1 - The article emphasizes the focus on cash flow and the potential for value and growth in the oil and natural gas sector [1] - Crude Value Insights provides a service that includes a 50+ stock model account and in-depth cash flow analyses of exploration and production (E&P) firms [1] - Subscribers benefit from live chat discussions about the sector, enhancing community engagement and information sharing [1] Group 2 - A two-week free trial is offered to new subscribers, encouraging them to explore the services related to oil and gas investments [2]

Core Insights - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and the companies that generate it, which leads to value and growth prospects with real potential [1] Group 1 - The service offers subscribers access to a model account with over 50 stocks, in-depth cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1]

Core Viewpoint - The company is conducting a conference call to discuss key points from the recently released Q4 trading statement, indicating a focus on transparency and communication with investors [1]. Group 1 - The conference call is led by Bilal Aziz, VP of Investor Relations & Treasury, along with Group CEO Berta De Pablos-Barbier and Group CFO Anders Boyer, highlighting the involvement of top management in investor relations [1]. - The purpose of the call is to outline important aspects of the trading statement, suggesting that the company aims to provide clarity on its financial performance during the Q4 trading period [1].

Group 1 - The article does not provide any relevant content regarding company or industry insights [1]

Core Points - LCNB Corp. declared a cash dividend of $0.22 per common share, with a record date of December 1, 2025, and payment on December 15, 2025 [1] - LCNB Corp. is a financial holding company based in Lebanon, Ohio, operating through its subsidiary, LCNB National Bank, serving various counties in Southwest and South-Central Ohio [2] - The company reported financial results for the three and nine months ended September 30, 2025, highlighting the strength of its business model and disciplined execution of its long-term strategy [5] - LCNB Corp. announced the resignation of Robert A. Bedinghaus from its Board of Directors for personal reasons, with no disagreements related to the company's operations [6] - The company reinforced its leadership team through several promotions as part of its succession plan to support long-term strategic growth [7]