LCNB (LCNB) Reports Q2 EPS of $0.29
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July 19, 2016 1:33 PM EDT
LEBANON, Ohio--(BUSINESS WIRE)--
LCNB Corp. (NASDAQ:Â LCNB) today announced net income of $2,968,000
(total basic and diluted earnings per share of $0.30 and $0.29,
respectively) and $5,932,000 (total basic and diluted earnings per share
of $0.60 and $0.59, respectively) for the three and six months ended
June 30, 2016, respectively. This compares to net income of $3,123,000
(total basic and diluted earnings per share of $0.33 and $0.32) and
$5,957,000 (total basic and diluted earnings per share of $0.63 and
$0.62) for the same three and six-month periods in 2015. Results for
2016 were significantly affected by the acquisition of BNB Bancorp, Inc.
("BNB") on April 30, 2015. In addition, LCNB sold impaired loans with a... More
