Exhibit 99.2
LCNB Corp. and Subsidiaries
Financial Highlights
For the Nine Months Ended September 30,
(Dollars in thousands, except per share amounts)
%
2005 2004 Change
Condensed Income Statement
Interest income $ 20,362 19,096 6.63%
Interest expense 6,517 5,436 19.89%
Net interest income 13,845 13,660 1.35%
Provision for loan losses 262 430 -39.07%
Net interest income after provision 13,583 13,230 2.67%
Non-interest income 5,945 5,676 4.74%
Non-interest expense 12,970 12,329 5.20%
Income before income taxes 6,558 6,577 -0.29%
Provision for income taxes 1,639 1,777 -7.77%
Net income $ 4,919 4,800 2.48%
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Basic earnings per common share $ 1.49 1.43 4.20%
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Dividends per common share $ 0.87 0.835 4.19%
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Average basic shares outstanding 3,311,763 3,358,429
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Selected Balance Sheet Items
Investment securities $136,857 136,289 0.42%
Loans 353,869 336,364 5.20%
Less allowance for loan losses 2,151 2,150 0.05%
Net loans 351,718 334,214 5.24%
Total assets 539,546 519,204 3.92%
Total deposits 480,988 459,577 4.66%
Long-term debt 2,090 4,152 -49.66%
Total shareholders’ equity 52,188 52,086 0.20%
Book value per share $15.83 $15.64 1.21%
Shares outstanding at period end 3,296,508 3,331,299
Selected Financial Ratios
Return on average assets 1.23% 1.26% -2.38%
Return on average equity 12.55% 12.21% 2.78%
Equity to assets ratio 9.67% 10.03% -3.59%
Dividend payout ratio 58.39% 58.39% -%
Net interest margin * 3.99% 4.04% -1.24%
* tax-equivalent basis
Assets Under Management
LCNB Corp. total assets $539,546 519,204 3.92%
Trust and investments ** 195,583 174,037 12.38%
Mortgage loans serviced 47,593 47,705 -0.23%
Business cash management 26,322 30,014 -12.30%
Brokerage accounts ** 34,072 21,052 61.85%
Total assets managed $843,116 792,012 6.45%
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* at fair market value
