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Stock impact report

LCNB Corp. Reports Record Financial Results For The Three and Six Months Ended June 30, 2021

LCNB Corporation (LCNB) 
Last lcnb corporation earnings: 4/20 06:23 pm Check Earnings Report
US:NASDAQ Investor Relations: lcnb.com/investor-relations
Company Research Source: Business Wire
LCNB Wealth Assets Up 31.8% Year-over-Year to a Record $1.02 BillionTotal Assets Managed1 13.1% Higher Year-over-Year to a Record $3.08 BillionSecond Quarter Diluted Earnings Per Share Increased 5.1% Year-over-Year to a Second Quarter Record of $0.41 LEBANON, Ohio--(BUSINESS WIRE)--LCNB Corp. ("LCNB") (NASDAQ: LCNB) today announced financial results for the three and six months ended June 30, 2021.Commenting on the financial results, LCNB President and Chief Executive Officer Eric Meilstrup said, “LCNB achieved record second quarter earnings, driven by continued growth in total assets managed and strong asset quality. Growing assets, controlling risk, and diversifying revenue has helped LCNB successfully navigate the current low interest rate environment. Fee income generated from the Paycheck Protection Program (“PPP”) also contributed $402,000 to our record second quarter earnings as we processed $10.4 million of loan forgiveness under the program during the quarter. PPP loans co Show less Read more
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