June 11, 2012
Michael Clampitt
Division of Corporation Finance
Securities and Exchange Commission
Washington, D.C. 20549
| Re: | LNB BANCORP, INC. |
Registration Statement on Form S-1 (SEC File No. 333-180906)
Dear Mr. Clampitt:
In connection with the above-referenced Registration Statement, and pursuant to Rule 461 under the Securities Act of 1933, as amended (the “Act”), we hereby join in the request of LNB BANCORP, INC. that the effective date of the Registration Statement be accelerated so that it will be declared effective at 9:00 a.m., Eastern Time, on June 13, 2012 or as soon as practicable thereafter.
Pursuant to Rule 460 under the Act, please be advised the undersigned effected the following approximate distribution of copies of the Preliminary Prospectus dated June 11, 2012 (the “Preliminary Prospectus”):
| No. of Copies | ||||
Institutions | 850 | |||
Others | 100 | |||
Total | 950 | |||
[SIGNATURE PAGE FOLLOWS]
Very truly yours,
MERRILL LYNCH, PIERCE, FENNER & SMITH
INCORPORATED
SANDLER O’NEILL & PARTNERS, L.P.
| By: | MERRILL LYNCH, PIERCE, FENNER & SMITH |
INCORPORATED
| By: | /s/ William Hobbs | |
Name: William D. Hobbs Title: Authorized Signatory | ||
| By: | SANDLER O’NEILL & PARTNERS, L.P. |
| By: | Sandler O’Neill & Partners Corp., |
| the sole general partner |
| By: | /s/ Jennifer Docherty | |
| Name: Jennifer A. Docherty | ||
| Title: Authorized Signatory | ||
For themselves and as Representatives of the other Underwriters
