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]

Core Insights - The Q3 earnings season for regional banks showed satisfactory results, with First Financial Bancorp (NASDAQ:FFBC) reporting a revenue increase of 16.3% year-on-year, exceeding analysts' expectations by 2.5% [3][5]. Industry Overview - Regional banks serve as intermediaries between local depositors and borrowers, benefiting from rising interest rates that enhance net interest margins, digital transformation that reduces operational costs, and local economic growth that drives loan demand [2]. - However, these banks face challenges such as fintech competition, deposit outflows to higher-yielding alternatives, credit deterioration during economic slowdowns, and regulatory compliance costs [2]. - Recent concerns regarding regional bank stability, particularly following high-profile failures and significant exposure to commercial real estate, add to the challenges faced by the sector [2]. Company Performance - First Financial Bancorp reported total revenues of $234 million for Q3, marking a 16.3% increase year-on-year, and adjusted net income of $72.6 million, with adjusted earnings per share of $0.76 [5][6]. - The adjusted return on assets was 1.55%, and the adjusted return on tangible common equity was 19.3% [6]. - Despite the positive revenue performance, the stock price has decreased by 2.6% since the earnings report, currently trading at $23.65 [6].

Core Viewpoint - Victory Bancorp, Inc. reported its financial results for Q3 2025, highlighting a net income of $358 thousand, impacted by increased expenses related to a merger with QNB, while showing growth in deposits and book value per share [2][3][8]. Financial Performance - Net income for Q3 2025 was $358 thousand, down from $558 thousand in Q3 2024, primarily due to higher other expenses which rose from $2.90 million to $3.47 million [2][12]. - Net interest income increased from $3.46 million in Q3 2024 to $3.70 million in Q3 2025 [3]. - Return on average assets decreased to 0.29% from 0.50% in Q3 2024, while return on average equity fell to 4.57% from 9.07% [3]. Deposit Growth - Total deposits grew to $436.74 million as of September 30, 2025, an increase of $38.57 million from the previous year [4]. Book Value and Equity - Book value per common share rose to $15.85 as of September 30, 2025, compared to $14.89 a year earlier [5]. - Stockholders' equity increased to $31.65 million from $29.44 million a year ago, reinforcing the company's strong capital position [6]. Credit Quality - Credit quality remained strong with no nonperforming assets reported and net charge-offs at (0.01)%, indicating net recoveries [7]. Earnings per Share - Basic and diluted earnings per common share were $0.18 and $0.17 for Q3 2025, down from $0.30 and $0.29 in Q3 2024; excluding merger-related costs, these would have been $0.33 and $0.31 respectively [8].

Core Viewpoint - Victory Bancorp, Inc. reported strong financial performance for Q1 2025, with significant growth in net income, deposits, and equity, reflecting the bank's resilience and effective management strategies [2][4][5]. Financial Highlights - Net income for Q1 2025 was $543 thousand, an increase of $313 thousand from $230 thousand in Q1 2024, with a return on average equity of 7.30% [2][5]. - Total deposits reached $416.97 million, up from $381.78 million a year ago, indicating a growth of $35.19 million [3][4]. - Stockholders' equity rose to $30.15 million, compared to $29.34 million at year-end 2024 and $27.94 million a year ago [3][5]. - Book value per common share increased to $15.25 from $14.84 at the end of 2024 [3][5]. Credit Quality Metrics - Net charge-offs to average loans stood at 0.01%, consistent with the previous quarter and improved from 0.03% in Q1 2024 [3][5]. - Nonperforming assets to total assets were at 0.00%, showing improvement from 0.05% at the end of 2024 and 0.17% a year ago [3][5]. - The allowance for credit losses to loans remained stable at 0.92% [3]. Operational Insights - The bank's net interest income was $3.34 million for Q1 2025, supported by disciplined expense management [2][5]. - A quarterly cash dividend of $0.065 per share was paid, consistent with prior quarters, totaling $0.26 per share for the calendar year 2024 [3]. Future Outlook - The bank is focused on long-term growth and community support, with recent expansion into Horsham [6].