LCNB Corp. (LCNB): Business Model Canvas

Tauchen Sie ein in die strategische Blaupause von LCNB Corp., einem von der Community getragenen Finanzinstitut, das das traditionelle Bankwesen durch ein sorgfältig ausgearbeitetes Geschäftsmodell transformiert. Durch die Nutzung lokaler Beziehungen, innovativer digitaler Lösungen und einem starken Engagement für die Wirtschaftslandschaft Ohios hat LCNB einen einzigartigen Ansatz entwickelt, der über bloße Finanztransaktionen hinausgeht. Ihr Business Model Canvas offenbart eine ausgefeilte Strategie, die personalisierten Service, technologischen Fortschritt und gemeinschaftsorientierte Werte miteinander verbindet und sie als unverwechselbaren Akteur im regionalen Bankenökosystem positioniert.

LCNB Corp. (LCNB) – Geschäftsmodell: Wichtige Partnerschaften

Lokale Unternehmen und Gemeinschaftsorganisationen in Ohio

Die LCNB National Bank unterhält 16 Bankstandorte im Südwesten von Ohio mit strategischen Partnerschaften in den Landkreisen Warren, Butler und Hamilton.

Kategorie „Partnerschaft“.	Anzahl lokaler Partnerschaften	Geografischer Fokus
Zugehörigkeiten zur Handelskammer	7	Südwest-Ohio
Netzwerkverbindungen für kleine Unternehmen	42	Regionales Geschäftsökosystem

Regionale Bank- und Finanzdienstleister

LCNB arbeitet mit mehreren Finanzdienstleistungsnetzwerken zusammen, um seine operativen Fähigkeiten zu erweitern.

• Mitgliedschaft bei der Federal Home Loan Bank of Cincinnati
• Integrierte Partnerschaften zur Zahlungsabwicklung
• Gemeinsame ATM-Netzwerkvereinbarungen

Versicherungsunternehmen für komplementäre Finanzprodukte

Versicherungspartner	Produkttyp	Dauer der Partnerschaft
Bundesweite Versicherung	Persönliche/gewerbliche Versicherung	Laufend seit 2015
Staatsfarm	Risikomanagementprodukte	Laufend seit 2012

Technologieanbieter für digitale Banking-Lösungen

LCNB investiert durch strategische Technologiepartnerschaften in die digitale Infrastruktur.

• Jack Henry & Associates-Kernbankplattform
• Digitale Banking-Lösungen von Fiserv
• Integrationen von Visa/Mastercard-Zahlungstechnologien

Kreditnetzwerke für Landwirtschaft und Kleinunternehmen

Netzwerk/Organisation	Kreditvergabe-Fokus	Gesamtwert der Partnerschaft
Ohio Agricultural Lending Network	Agrarkreditdienstleistungen	87,6 Millionen US-Dollar (2023)
Small Business Administration (SBA)	Kredite für kleine Unternehmen	42,3 Millionen US-Dollar (2023)

LCNB Corp. (LCNB) – Geschäftsmodell: Hauptaktivitäten

Community-Banking-Dienstleistungen und -Betrieb

Seit dem vierten Quartal 2023 betreibt LCNB Corp. 15 Bankstandorte mit umfassendem Service im Südwesten von Ohio. Gesamtvermögen zum 31. Dezember 2023: 1,45 Milliarden US-Dollar.

Kategorie Bankdienstleistungen	Lautstärke/Leistung
Gesamteinlagen	1,29 Milliarden US-Dollar
Gesamtkredite	1,08 Milliarden US-Dollar
Nettozinsertrag	41,6 Millionen US-Dollar

Kommerzielle und private Kreditvergabe

Aufschlüsselung des Kreditportfolios für 2023:

• Gewerbliche Immobilienkredite: 612 Millionen US-Dollar
• Gewerbe- und Industriekredite: 198 Millionen US-Dollar
• Wohnimmobilienkredite: 226 Millionen US-Dollar
• Verbraucherkredite: 44 Millionen US-Dollar

Verwaltung von Einlagen- und Anlagekonten

Kontotyp	Gesamtsaldo
Girokonten	456 Millionen US-Dollar
Sparkonten	287 Millionen Dollar
Geldmarktkonten	198 Millionen Dollar
Einlagenzertifikate	349 Millionen US-Dollar

Entwicklung einer digitalen Banking-Plattform

Digital-Banking-Kennzahlen für 2023:

• Mobile-Banking-Nutzer: 42.500
• Online-Banking-Nutzer: 58.300
• Digitales Transaktionsvolumen: 3,2 Millionen Transaktionen
• Downloadrate mobiler Apps: 22 % Wachstum im Jahresvergleich

Finanzberatung und Vermögensverwaltungsdienste

Servicekategorie	Gesamtes verwaltetes Vermögen
Vermögensverwaltung	287 Millionen Dollar
Anlageberatung	196 Millionen Dollar
Ruhestandsplanung	124 Millionen Dollar

LCNB Corp. (LCNB) – Geschäftsmodell: Schlüsselressourcen

Physisches Filialnetz in Ohio

Zum 31. Dezember 2023 betreibt LCNB Corp. 16 Bankbüros mit umfassendem Serviceangebot ausschließlich in Warren County, Ohio.

Niederlassungsstandorte	Anzahl der Filialen
Warren County, Ohio	16
Gesamtzahl der physischen Zweige	16

Ausgebildete Bank- und Finanzfachleute

LCNB Corp. beschäftigte zum 31. Dezember 2023 149 Vollzeitmitarbeiter.

• Gesamtzahl der Vollzeitmitarbeiter: 149
• Durchschnittliche Bankerfahrung: 12,5 Jahre

Kundenbeziehungsmanagementsysteme

LCNB nutzt fortschrittliche CRM-Technologie, um Kundeninteraktionen und -daten zu verwalten.

CRM-Metrik	Details
Gesamtzahl der Kundenkonten	35,672
Für Digital Banking registrierte Kunden	22,415

Digitale Banking-Infrastruktur

LCNB bietet umfassende digitale Bankdienstleistungen über mehrere Kanäle.

• Online-Banking-Plattform
• Mobile-Banking-Anwendung
• Mobile Scheckeinzahlung
• Digitale Kontoauszugsdienste

Reputation und Vertrauen auf dem lokalen Markt

LCNB hat eine starke lokale Marktpräsenz mit erheblicher finanzieller Stabilität aufrechterhalten.

Finanzkennzahl	Wert 2023
Gesamtvermögen	1,2 Milliarden US-Dollar
Gesamteinlagen	1,02 Milliarden US-Dollar
Eigenkapital	132,5 Millionen US-Dollar

LCNB Corp. (LCNB) – Geschäftsmodell: Wertversprechen

Personalisiertes, gemeinschaftsorientiertes Bankerlebnis

Ab dem vierten Quartal 2023 bedient LCNB Corp. 12 Landkreise im Südwesten von Ohio mit 17 Bankstandorten mit umfassendem Serviceangebot. Die Bank verfügt über ein Gesamtvermögen von 2,1 Milliarden US-Dollar und Gesamteinlagen von 1,6 Milliarden US-Dollar.

Servicemetrik	Daten für 2023
Gesamtzahl der Bankstandorte	17
Landkreise bedient	12
Gesamtvermögen	2,1 Milliarden US-Dollar
Gesamteinlagen	1,6 Milliarden US-Dollar

Wettbewerbsfähige Zinssätze für lokale Kunden

LCNB bietet wettbewerbsfähige Zinssätze für verschiedene Finanzprodukte:

• Persönliches Sparkonto: 0,50 % APY
• Geldmarktkonto: 1,25 % effektiver Jahreszins
• 12-Monats-CD: 3,75 % effektiver Jahreszins
• 24-Monats-CD: 4,25 % effektiver Jahreszins

Umfassende Finanzlösungen

Produktkategorie	Angebote
Persönliches Banking	Schecks, Ersparnisse, CDs, IRAs
Geschäftsbanking	Gewerbliche Kredite, Geschäftsprüfung, Händlerdienstleistungen
Kreditvergabe	Hypotheken-, Privat-, Auto- und Agrarkredite

Reaktionsschneller und zugänglicher Kundenservice

LCNB bietet mehrere Kundeninteraktionskanäle:

• Digitales Banking: Mobile App mit 98,5 % Verfügbarkeit
• Callcenter: Erweiterte Öffnungszeiten 7:30 – 19:00 Uhr EST
• Online-Support: Digitale Unterstützung rund um die Uhr

Lokale Entscheidungsfindung und schnellere Kreditbearbeitung

Kreditverarbeitungsmetrik	Leistung
Durchschnittliche Kreditgenehmigungszeit	2-3 Werktage
Prozentsatz der lokalen Entscheidungsfindung	92%
Genehmigungsrate für Kleinunternehmenskredite	73%

LCNB Corp. (LCNB) – Geschäftsmodell: Kundenbeziehungen

Persönliches Bankbeziehungsmanagement

Ab 2024 unterhält LCNB 36 Bankstandorte mit umfassendem Service in ganz Ohio. Die durchschnittliche Kundeninteraktionszeit eines Privatbankiers beträgt 22,7 Minuten pro Sitzung.

Kundenbeziehungsmetrik	Daten für 2024
Durchschnittliche Kundenbindungsrate	87.3%
Anzahl der Privatbankiers	142
Durchschnittliche Kundenportfoliogröße pro Banker	378 Kunden

Persönliche Interaktionen in lokalen Filialen

LCNB verarbeitet monatlich etwa 67.450 persönliche Kundentransaktionen in seinem Filialnetz.

• Durchschnittliche Transaktionszeit in der Filiale: 12,4 Minuten
• Hauptgeschäftszeiten: 10:00 – 14:00 Uhr
• Verfügbarkeit der Filialen am Wochenende: Begrenzte Öffnungszeiten

Online- und Mobile-Banking-Unterstützung

Die digitale Banking-Plattform bedient im Jahr 2024 62.800 aktive Online-Nutzer.

Digital-Banking-Metrik	Statistik 2024
Mobile App-Downloads	41,230
Online-Banking-Benutzer	62,800
Digitales Transaktionsvolumen	1,2 Millionen monatlich

Beziehungsbasierter Kundenservice

Das Kundendienstteam besteht aus 89 engagierten Mitarbeitern mit einer durchschnittlichen Lösungszeit für Kundeninteraktionen von 7,6 Minuten.

• Kundendienstkanäle: Telefon, E-Mail, Live-Chat
• Durchschnittliche Antwortzeit: 14 Minuten
• Kundenzufriedenheitsbewertung: 4,3/5

Community-Engagement und lokales Event-Sponsoring

LCNB investierte im Jahr 2024 342.000 US-Dollar in lokale Gemeinschaftspatenschaften.

Community-Engagement-Metrik	Daten für 2024
Gesamtinvestition in Community-Sponsoring	$342,000
Anzahl der gesponserten lokalen Veranstaltungen	47
Unterstützte Gemeinschaftsorganisationen	28

LCNB Corp. (LCNB) – Geschäftsmodell: Kanäle

Physische Zweigstellen

Ab 2024 betreibt LCNB Corp. 24 physische Niederlassungen im Südwesten von Ohio.

Zweigtyp	Anzahl der Standorte	Geografische Abdeckung
Full-Service-Filialen	22	Grafschaften Warren, Butler und Montgomery
Filialen mit eingeschränktem Service	2	Spezialisierte Bankzentren

Online-Banking-Plattform

Die webbasierte Bankplattform von LCNB bietet umfassende digitale Bankdienstleistungen.

• Plattform im Jahr 2015 gestartet
• Über 75 % der Kunden nutzen aktiv Online-Banking
• Unterstützt Kontoverwaltung, Geldtransfers und Rechnungszahlungen

Mobile-Banking-Anwendung

Die mobile Anwendung von LCNB bietet erweiterte digitale Banking-Funktionen.

Metriken für mobile Apps	Statistik 2024
Gesamtzahl der App-Downloads	38,500
Monatlich aktive Benutzer	26,750

Telefon-Banking-Dienste

LCNB bietet telefonischen Banking-Support rund um die Uhr.

• Automatisiertes Telefonbanking-System
• Live-Kundendienstmitarbeiter verfügbar
• Callcenter mit 18 engagierten Mitarbeitern

ATM-Netzwerk

LCNB unterhält eine robuste Geldautomaten-Infrastruktur.

Details zum Geldautomatennetzwerk	Menge
Gesamtzahl der LCNB-eigenen Geldautomaten	32
Gemeinsam genutzte Netzwerk-Geldautomaten	150+

LCNB Corp. (LCNB) – Geschäftsmodell: Kundensegmente

Einheimische Einwohner und Familien von Ohio

Im vierten Quartal 2023 bedient LCNB etwa 45.000 Privatkunden in Ohio. Gesamtzahl der Privatbankkonten: 38.275. Durchschnittlicher Kontostand eines Haushalts: 24.750 $.

Kundentyp	Anzahl der Kunden	Durchschnittlicher Kontostand
Persönliche Überprüfung	22,500	$15,340
Sparkonten	15,775	$18,620

Kleine bis mittlere Unternehmen

LCNB unterstützt 3.250 Geschäftsbankkunden in ganz Ohio. Gesamtportfolio an gewerblichen Krediten: 287,6 Millionen US-Dollar.

• Geschäftsgirokonten: 2.150
• Geschäftssparkonten: 1.100
• Durchschnittliche Höhe eines Geschäftskredits: 88.500 $

Unternehmen des Agrarsektors

Agrarkreditportfolio: 124,3 Millionen US-Dollar. Gesamtzahl der landwirtschaftlichen Kunden: 680.

Segment Agrarsektor	Anzahl der Kunden	Gesamtkreditwert
Pflanzenbau	340	62,1 Millionen US-Dollar
Viehhaltung	220	41,5 Millionen US-Dollar
Landwirtschaftliche Unterstützungsdienste	120	20,7 Millionen US-Dollar

Kommunalverwaltung und kommunale Körperschaften

Öffentliche Bankkunden: 42 Kommunen. Gesamte kommunale Bankbeziehungen: 76,4 Millionen US-Dollar.

• Städtische Girokonten: 35
• Staatliche Kreditfazilitäten: 7
• Durchschnittlicher kommunaler Kontostand: 2,18 Millionen US-Dollar

Privat- und Unternehmensinvestoren

Anlageverwaltungsvermögen: 512,6 Millionen US-Dollar. Gesamtzahl der Anlegerkunden: 2.800.

Anlegerkategorie	Anzahl der Kunden	Gesamtes verwaltetes Vermögen
Einzelinvestoren	2,350	362,4 Millionen US-Dollar
Unternehmensinvestoren	450	150,2 Millionen US-Dollar

LCNB Corp. (LCNB) – Geschäftsmodell: Kostenstruktur

Gehälter und Leistungen der Mitarbeiter

Für das Geschäftsjahr 2023 meldete LCNB Corp. Gesamtvergütungsaufwendungen in Höhe von 26,4 Millionen US-Dollar. Die Aufschlüsselung der mitarbeiterbezogenen Kosten umfasst:

Ausgabenkategorie	Betrag ($)
Grundgehälter	18,200,000
Krankenversicherung	3,600,000
Altersvorsorgeleistungen	2,800,000
Sonstige Vergütung	1,800,000

Betriebs- und Wartungskosten der Zweigstelle

LCNB Corp. sind im Jahr 2023 die folgenden branchenbezogenen Kosten entstanden:

• Miet- und Pachtkosten: 4,2 Millionen US-Dollar
• Versorgungsleistungen: 1,5 Millionen US-Dollar
• Wartung und Reparaturen: 1,8 Millionen US-Dollar
• Sachversicherung: 600.000 $

Investitionen in Technologie und digitale Infrastruktur

Die technologiebezogenen Ausgaben für LCNB Corp. beliefen sich im Jahr 2023 auf:

Kategorie „Technologieinvestitionen“.	Betrag ($)
IT-Infrastruktur	3,500,000
Cybersicherheit	1,200,000
Softwarelizenzen	850,000
Digitale Banking-Plattform	2,100,000

Kosten für die Einhaltung gesetzlicher Vorschriften

Compliance-bezogene Aufwendungen für LCNB Corp. im Jahr 2023:

• Personal für Recht und Compliance: 2,3 Millionen US-Dollar
• Externe Prüfungsgebühren: 750.000 US-Dollar
• Regulatorische Meldesysteme: 450.000 US-Dollar
• Compliance-Schulung: 220.000 US-Dollar

Aufwendungen für Marketing und Kundenakquise

Marketingausgaben für LCNB Corp. im Jahr 2023:

Kategorie der Marketingausgaben	Betrag ($)
Digitales Marketing	1,100,000
Traditionelle Werbung	800,000
Kampagnen zur Kundengewinnung	650,000
Gemeinschaftspatenschaften	250,000

LCNB Corp. (LCNB) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Darlehen

Für das Geschäftsjahr 2023 meldete LCNB Corp. einen Nettozinsertrag von 58,1 Millionen US-Dollar. Die gesamten ausstehenden Kredite beliefen sich zum 31. Dezember 2023 auf 1,24 Milliarden US-Dollar.

Kreditkategorie	Gesamter ausstehender Saldo	Zinserträge
Gewerbliche Kredite	742 Millionen Dollar	34,6 Millionen US-Dollar
Hypothekendarlehen für Wohnimmobilien	386 Millionen US-Dollar	18,2 Millionen US-Dollar
Verbraucherkredite	112 Millionen Dollar	5,3 Millionen US-Dollar

Gebührenpflichtige Bankdienstleistungen

Die Gebühreneinnahmen für 2023 beliefen sich auf insgesamt 16,3 Millionen US-Dollar, mit folgender Aufteilung:

• Servicegebühren für Einlagenkonten: 7,2 Millionen US-Dollar
• Transaktionsgebühren für Geldautomaten und Debitkarten: 4,5 Millionen US-Dollar
• Überziehungsgebühren: 2,8 Millionen US-Dollar
• Sonstige Gebühren für Bankdienstleistungen: 1,8 Millionen US-Dollar

Anlage- und Vermögensverwaltungsgebühren

Die Vermögensverwaltungsabteilung von LCNB erwirtschaftete im Jahr 2023 Beratungsgebühren in Höhe von 6,7 Millionen US-Dollar.

Vermögensverwaltungsdienst	Gebühren generiert
Finanzplanung	2,3 Millionen US-Dollar
Anlageberatung	3,1 Millionen US-Dollar
Vertrauensdienste	1,3 Millionen US-Dollar

Transaktions- und Kontoführungsgebühren

Der transaktionsbezogene Umsatz für 2023 belief sich auf 5,9 Millionen US-Dollar.

• Gebühren für Überweisungen: 1,6 Millionen US-Dollar
• Kontoführungsgebühren: 2,4 Millionen US-Dollar
• Gebühren für Online-Banking-Transaktionen: 1,9 Millionen US-Dollar

Verkauf von Commercial- und Retail-Banking-Produkten

Der Produktumsatz im Jahr 2023 erreichte 4,5 Millionen US-Dollar.

Bankprodukt	Generierter Umsatz
Unternehmenskreditprodukte	2,1 Millionen US-Dollar
Einzahlungskontopakete	1,4 Millionen US-Dollar
Treasury-Management-Dienstleistungen	1,0 Millionen US-Dollar

LCNB Corp. (LCNB) - Canvas Business Model: Value Propositions

You're looking at what LCNB Corp. offers its clients-the core reasons they choose this bank over others in the region. It's all about being a local partner with the scale to handle complex needs.

Full-service community banking for personal and business needs

LCNB Corp. provides the full spectrum of banking services for individuals and businesses across its footprint. This means you can handle everything from basic checking and savings to more involved personal and agricultural lending right there. The bank's scale supports this breadth of offering; as of March 31, 2025, LCNB Corp. reported total assets of $2.30 billion.

The lending side of the business shows this commitment to local commerce, with net loans standing at $1.71 billion on that same date. The bank is clearly focused on deploying capital locally to support its customer base.

Relationship-based service model with a local focus in Southwest Ohio

The value here is the local focus, which translates directly into relationship banking. LCNB Corp. is headquartered in Lebanon, Ohio, and its subsidiary, LCNB National Bank, serves customers across Butler, Clermont, Clinton, Fayette, Franklin, Hamilton, Montgomery, Preble, Ross, and Warren Counties in Southwest and South-Central Ohio. This deep geographic presence is key to maintaining those personal connections.

This local commitment is also reflected in their profitability metrics, showing the model is working. For instance, the net interest margin (NIM) expanded to 3.25% in the first quarter of 2025, reaching its highest level in seven quarters, which suggests effective local balance sheet management.

Comprehensive wealth management and trust services for high-net-worth clients

For clients needing more sophisticated financial planning, LCNB Corp. offers dedicated wealth management and trust services. This capability is a significant value driver, especially as the bank integrates its recent acquisitions. LCNB Wealth Management assets under management (AUM) hit a record $1.40 billion as of March 31, 2025, representing a 7.4% year-over-year increase.

This service line directly contributes to fee income stability. Fiduciary income for the first quarter of 2025 was $2.164 million, which was up 9.7% compared to the prior year period. That's solid, dependable growth from specialized services.

Strong asset quality with nonperforming loans at 0.28% of total loans (Q1 2025)

A core value proposition for any bank is the safety and soundness of its balance sheet. LCNB Corp. maintains what management calls historically strong asset quality. You can see this clearly in the metrics from the first quarter of 2025.

Total nonperforming loans were reported at $4.9 million, which equates to 0.28% of total loans at March 31, 2025. Furthermore, the ratio of nonperforming assets to total assets was just 0.21% at the end of Q1 2025. The bank's management indicated they do not foresee additional losses on these specific loans, given the adequate provision set aside.

Here's a quick look at how key financial figures from the first half of 2025 support the overall value proposition of stability and growth:

Metric	Date/Period	Value
Total Assets	March 31, 2025	$2.30 billion
Net Loans	March 31, 2025	$1.71 billion
Net Interest Margin (NIM)	Q1 2025	3.25%
Wealth Management AUM	March 31, 2025	$1.40 billion
Nonperforming Loans / Total Loans	March 31, 2025	0.28%
GAAP Net Earnings Per Share (EPS)	Q1 2025	$0.33
GAAP Net Earnings Per Share (EPS)	Q2 2025	$0.41

The bank is defintely showing momentum, with Q2 2025 EPS improving to $0.41 and the NIM further expanding to 3.47% in that second quarter.

You should review the latest 10-Q filed November 5, 2025, for the most current asset quality and AUM figures to see if the trend continued through Q3.

LCNB Corp. (LCNB) - Canvas Business Model: Customer Relationships

Personal and relationship-based service through local branch staff

LCNB National Bank maintains convenient banking locations across Butler, Clermont, Clinton, Fayette, Franklin, Hamilton, Montgomery, Preble, Ross, and Warren Counties, Ohio, plus Boone County, Kentucky. The bank offers services for all personal and business banking needs, including checking, savings, personal lending, and business lending. The leadership team combines local market expertise with deep banking industry experience, guiding the ongoing commitment to community banking and long-term client relationships.

Dedicated wealth management advisors for trust and investment accounts

LCNB Wealth Management advisors tailor Trust and Asset Management services to client preferences to help create unique family legacies. The investment services division has increased assets under management by over 300% at newly acquired branches over the past 12 months, as noted in the Q2 2025 report. Fiduciary income for the first quarter of 2025 was $2.2 million, marking a 9.7% increase year-over-year.

Metric	Date	Amount/Value
LCNB Wealth Management Assets	March 31, 2025	$1.40 billion
Total Assets Managed	March 31, 2025	$4.16 billion
Q1 2025 Fiduciary Income	Q1 2025	$2.2 million

Community-oriented approach, building long-term local ties

LCNB National Bank has a long tradition for building strong relationships with customers and communities. The bank continually strives to exceed customer expectations. The company's strategy concentrates on delivering comprehensive financial services to local communities. The Board of Directors has determined that all directors, with the exception of three named individuals, are independent directors as of the April 2025 proxy filing. The company declared a cash dividend of $0.22 per common share for the third quarter of 2025.

Self-service options via online and mobile banking platforms

LCNB provides online banking and mobile app services for personal and business banking needs. The company offers a Trust Login and Investment Services/LPL Login for specialized self-service access. Industry-wide, over 83% of U.S. adults used digital banking services as of 2025. Furthermore, 72% of global banking customers prefer using mobile apps for core banking services in 2025.

• Online Banking Login Available
• Trust Login Available
• Investment Services/LPL Login Available
• Mobile App Available for Apple and Android Platforms

Finance: Review the Q3 2025 digital transaction volume against the industry average of 60.4% of all U.S. banking transactions made via mobile devices for 2025.

LCNB Corp. (LCNB) - Canvas Business Model: Channels

You're looking at how LCNB Corp. gets its services-from basic checking to complex trust management-into the hands of its customers across Ohio and beyond. It's a mix of the traditional, face-to-face banking you expect, and the digital tools that keep pace with modern expectations.

Physical branch locations in Ohio and Northern Kentucky

LCNB National Bank maintains a physical presence to support its relationship-based service model, serving customers in Southwest and Central Ohio, and integrating services from recent acquisitions into new markets. While the exact branch count isn't published here, the geographic footprint covers several key counties.

The physical channel serves as the hub for personalized service and complex transactions.

• Butler County locations include Fairfield, Hamilton, Middletown, Monroe, and Oxford.
• Hamilton County locations cover Loveland, Price Hill, Anderson, Dent, Delhi, Bridgetown, and Hyde Park.
• Montgomery County includes Brookville and Centerville, plus Oakwood.
• Other serviced counties include Clermont (Goshen), Clinton (Wilmington), Fayette (Washington Court House), and Preble (Eaton, Barron Street, Lewisburg).
• Warren County coverage includes locations like Wilmington.

Online banking and mobile application for digital transactions

The digital channel, branded as LCNB eBanking, allows customers to handle most everyday banking activities without visiting an office. This is crucial because, nationally, over 83% of U.S. adults use digital banking services as of 2025, and 72% of global customers prefer mobile apps for core services. LCNB Corp. has definitely modernized its digital offering to meet this demand.

The eBanking suite provides robust functionality:

• Access accounts from desktop or mobile devices.
• Mobile check deposits are available through the LCNB Mobile app.
• Features include making transfers, paying bills online, and viewing statements up to 18 months out via eStatements.
• Customers can open new LCNB accounts digitally.

Direct sales force for commercial, agricultural, and personal lending

The lending function relies on experienced lenders who work directly with commercial, agricultural, and personal clients. The administration of this function falls to the Chief Lending Officer and senior portfolio lenders. This direct sales approach supports the loan portfolio, which stood at $1.71 billion as of June 30, 2025. The origination activity shows this channel is active; for the quarter ended June 30, 2025, the Company originated $88.8 million in loans.

LCNB Wealth Management division for investment services and trust

LCNB Wealth Management is highlighted as an important growth driver, leveraging its local, relationship-based services across its expanded footprint. The division has seen significant traction, with assets under management increasing by over 300% at newly acquired branches over the past 12 months, as noted in the July 2025 commentary. This channel directly contributes to noninterest income.

Here's a look at the scale of the balance sheet and the wealth division as of mid-2025:

Metric	Amount (as of June 30, 2025)	Amount (as of March 31, 2025)
Total Assets	$2.31 billion	$2.30 billion
Net Loans	$1.71 billion	$1.71 billion
Total Deposits	$1.92 billion	N/A
Total Assets Managed (AUM)	N/A	$4.16 billion
Wealth and Trust Assets	N/A	$1.40 billion

The services offered through this channel are tailored to build a unique family legacy, including Customized Investment Management, Trustee services, and Financial and Retirement Planning. Securities and advisory services are offered through LPL Financial (LPL).

LCNB Corp. (LCNB) - Canvas Business Model: Customer Segments

You're looking at the core customer base for LCNB Corp. as of late 2025, based on their latest operational footprint. The bank definitely focuses on a specific geographic area, which shapes who they serve.

Individuals and families in Southwest and South-Central Ohio and Northern Kentucky form the foundational retail segment. LCNB National Bank maintains a physical presence across a defined set of Ohio counties. This includes locations in Butler, Clermont, Clinton, Fayette, Franklin, Hamilton, Montgomery, Preble, Ross, and Warren Counties, Ohio. The acquisition activity, specifically the Cincinnati Federal merger, expanded this franchise across the Ohio River into the Northern Kentucky market.

For affluent individuals seeking trust, investment, and wealth management services, the numbers show clear momentum. The LCNB Wealth Management division is a key growth area, showing strong traction post-acquisitions. Trust and investments and investment services assets reached a record $1.54 billion at the end of the third quarter of 2025. This segment is definitely seeing new client acquisition, as evidenced by the over 300% increase in assets under management at newly acquired branches over the preceding 12 months (as of Q2 2025).

Here's a quick look at how the managed assets have tracked recently:

Reporting Date	Total Assets Managed (AUM)	Fiduciary Income (Q3 2025)
September 30, 2025	$1.54 billion	Reported increase of 23.4% YoY
June 30, 2025	$4.18 billion (Total managed across all services)	Not explicitly stated for Q2
March 31, 2025	$1.40 billion (Wealth Management specific)	$2.2 million (Q1 2025)

The segments covering small to medium-sized businesses needing commercial and treasury services and agricultural businesses requiring specialized lending products are served through the core commercial banking platform. While specific segment breakdowns aren't detailed, the overall lending activity supports these groups. Net loans across the entire portfolio stood at $1.67 billion as of September 30, 2025. LCNB National Bank offers specific services for these clients, including:

• Commercial lending products
• Business lending services
• Agricultural lending products
• Treasury management services

The bank also offers standard deposit products like checking accounts, NOW accounts, savings accounts, and certificates of deposit to these business customers.

LCNB Corp. (LCNB) - Canvas Business Model: Cost Structure

You're looking at the cost side of LCNB Corp.'s operations as of late 2025. The focus here is on managing the expenses that eat into the revenue generated from their lending and service activities. Honestly, the biggest lever they've been pulling is on the funding side, which directly impacts their interest expense.

Interest Expense on deposits and borrowings (focus on reducing higher-cost liabilities)

LCNB Corp. has been actively managing the cost of its funding sources. For the nine months ended September 30, 2025, the growth in net interest income was largely attributed to the reduction in average interest rates paid on interest-bearing liabilities. This strategy was executed, in part, by taking specific actions in the third quarter of 2025, where LCNB decreased higher cost certificates of deposit as part of a planned balance sheet reduction strategy. This focus on reducing higher-cost liabilities is a key component of keeping the overall cost structure lean, especially as they manage post-acquisition integration.

Non-interest expense, including operating and marketing costs

The operating costs, which fall under non-interest expense, show some variability based on acquisition activity. For the first quarter of 2025, LCNB Corp.'s non-interest expense was $15.8 million. This was slightly up from the prior year's first quarter, primarily due to higher operating expenses related to the Eagle acquisition and increased marketing spend. For the six months ended June 30, 2025, the total non-interest expense was $1.9 million lower than the comparable period in 2024, helped by a $3.0 million reduction in merger-related expenses.

Personnel costs (salaries and benefits) for branch and corporate staff

Personnel costs are a significant, recurring component of the non-interest expense base. While the specific 2025 figures aren't fully detailed in the latest reports, we can see the recent trend. For the nine months ended September 30, 2024, salaries and employee benefit costs increased by $5.1 million compared to the same period in 2023, reflecting the expanded footprint from acquisitions. This category remains a primary driver of operating costs alongside other general overhead.

Provision for credit losses

The provision for credit losses reflects the bank's assessment of potential loan losses. You'll see a significant year-over-year improvement in the provision required for the nine-month period ending September 30, 2025, compared to the prior year, which included provisions related to the Eagle acquisition.

Here's a quick look at how the provision for credit losses trended:

Cost Component	Period Ending September 30, 2025	Period Ending September 30, 2024
Total Provision for Credit Losses	$426,000	$1.3 million
Provision for Credit Losses (Q3 Only)	$211,000	$660,000

The reduction in the provision for credit losses to $426,000 for the nine months ended September 30, 2025, down from $1.3 million the prior year, indicates management's view of improved credit quality or reduced need for reserving against acquired loan pools. The Q3 2025 provision was only $211,000.

Key cost management focus areas for LCNB Corp. include:

• Reducing reliance on higher-cost certificates of deposit.
• Controlling noninterest expense to drive efficiency ratio improvement.
• Managing personnel and operating expenses following recent acquisitions.
• Leveraging lower interest rates paid on interest-bearing liabilities.

Finance: draft 13-week cash view by Friday.

LCNB Corp. (LCNB) - Canvas Business Model: Revenue Streams

You're looking at the core ways LCNB Corp. brings in money, which, as a community bank, is heavily weighted toward traditional lending activities, but with a growing emphasis on fee-based services. Honestly, the story for LCNB Corp. in late 2025 is about margin management and wealth services growth.

The primary engine remains the spread between what LCNB Corp. earns on its assets and what it pays on its liabilities. For the three months ended September 30, 2025, Net Interest Income from loans and investment securities hit $18.1 million, a solid increase from $15.0 million in the same period last year. This improvement was driven by a lower average interest rate paid on interest-bearing liabilities and higher average rates earned on loans, pushing the tax equivalent net interest margin to 3.57% in Q3 2025.

The secondary, but increasingly important, revenue source is Non-interest income from fiduciary and trust services. This area is definitely a key growth driver for LCNB Corp. At the end of Q3 2025, LCNB Wealth Management reported record trust and investments and investment services assets totaling $1.54 billion. This asset growth translated to a 23.4% year-over-year increase in third-quarter fiduciary income. To be fair, this fee income stream helps stabilize earnings when net interest income fluctuates.

Other fee-based income streams, such as Service charges and fees on deposit accounts, contribute to the overall non-interest income picture. While the specific dollar amount for deposit service charges in Q3 2025 isn't isolated, the total non-interest income for the first quarter of 2025 was $5.2 million, up from $3.9 million the year prior.

Finally, LCNB Corp. generates revenue through the secondary market activities related to its loan origination efforts. This is where you see the direct impact of their lending volume on non-interest income. Here's the quick math for Q3 2025 loan sales:

Revenue Component	Q3 2025 Amount (Millions USD)	Context/Detail
Net Interest Income	$18.1	From loans and investment securities for the quarter ended September 30, 2025
Total Revenue (Reported)	$23.83	Total revenue for the quarter ended September 2025
Gains from Loan Sales	$0.7	Gains contributed to third quarter non-interest income
Loans Originated	$67.0	Total loans originated during the quarter ended September 30, 2025
Loans Sold to Secondary Market	$23.4	Total loans sold during the quarter ended September 30, 2025

The composition of revenue streams for LCNB Corp. in Q3 2025 included several key elements:

• Net Interest Income of $18.1 million for the quarter.
• Fiduciary income growth of 23.4% year-over-year in Q3 2025.
• Gains from secondary market loan sales totaling $0.7 million in Q3 2025.
• Total assets under management for Wealth Management at $1.54 billion as of September 30, 2025.

You should watch how the loan pipeline develops, as management expects a return to loan portfolio growth in the first half of 2026, which will directly impact future Net Interest Income generation. Finance: draft 13-week cash view by Friday.