LCNB (LCNB) Reports Q2 EPS of $0.29
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LCNB Corp. Reports Financial Results for the Three and Six Months Ended June 30, 2016
July 19, 2016 1:33 PM EDTLEBANON, 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
