LCNB Corp. Reports 2024 Results: $1B Assets, $3.2M Net Income
Ticker: LCNB · Form: 10-K · Filed: Mar 12, 2025 · CIK: 1074902
| Field | Detail |
|---|---|
| Company | Lcnb Corp (LCNB) |
| Form Type | 10-K |
| Filed Date | Mar 12, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, earnings, bank
TL;DR
LCNB Corp. 2024 10-K: $1B assets, $3.2M profit. Solid bank.
AI Summary
LCNB Corp. filed its 10-K for the fiscal year ending December 31, 2024, reporting total assets of $1.00 billion and total liabilities of $19.00 million. The company's net income was $3.21 million, with earnings per share of $0.88. LCNB Corp. is a commercial bank incorporated in Ohio.
Why It Matters
This filing provides a comprehensive overview of LCNB Corp.'s financial health and performance for the past fiscal year, crucial for investors and stakeholders to assess its stability and growth prospects.
Risk Assessment
Risk Level: low — The filing indicates a stable financial position with significant assets and moderate liabilities, suggesting low immediate risk.
Key Numbers
- $1.00B — Total Assets (Represents the company's total resources as of December 31, 2024.)
- $19.00M — Total Liabilities (Indicates the company's total obligations as of December 31, 2024.)
- $3.21M — Net Income (Shows the company's profitability for the fiscal year ended December 31, 2024.)
- $0.88 — Earnings Per Share (Reflects the portion of a company's profit allocated to each outstanding share of common stock for the fiscal year ended December 31, 2024.)
Key Players & Entities
- LCNB CORP (company) — Filer of the 10-K report
- 2024 (date) — Fiscal year end
- 1231 (date) — Fiscal year end
- 20250312 (date) — Filing date
- $1.00 billion (dollar_amount) — Total assets
- $19.00 million (dollar_amount) — Total liabilities
- $3.21 million (dollar_amount) — Net income
- $0.88 (dollar_amount) — Earnings per share
- OH (location) — State of incorporation
FAQ
What was LCNB Corp.'s total revenue for the fiscal year ended December 31, 2024?
The provided snippet does not explicitly state the total revenue. It does mention interest receivable and income tax expense/benefit, but not the top-line revenue figure.
What is the breakdown of LCNB Corp.'s total assets as of December 31, 2024?
The filing indicates total assets of $1.00 billion, but a detailed breakdown of asset categories (e.g., cash, loans, securities) is not present in this snippet.
What were the primary drivers of LCNB Corp.'s net income of $3.21 million in 2024?
The snippet does not provide details on the specific revenue streams or expense reductions that contributed to the $3.21 million net income.
What is LCNB Corp.'s capital structure, specifically its equity position as of December 31, 2024?
While total assets ($1.00B) and total liabilities ($19.00M) are provided, the specific equity figure is not directly stated in this snippet, though it can be inferred.
What are the significant risks and uncertainties facing LCNB Corp. as detailed in the 10-K?
This snippet focuses on financial figures and does not include the 'Risk Factors' section of the 10-K, which would detail specific risks.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 12, 2025 regarding LCNB CORP (LCNB).