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LCNB National Bank

Lebanon, OH · Cert 6623 · LCNB Corp.

National charter · OCC · 35 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks $1B-$10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks $1B-$10B in assets (n=322 to 328). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

43

Q2 2024Q2 2026peer median (50)

Asset Quality

41

Q2 2024Q2 2026peer median (50)

Profitability

45

Q2 2024Q2 2026peer median (50)

Liquidity

58

Q2 2024Q2 2026peer median

Efficiency

39

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

LCNB National Bank

Lebanon, OH · Cert 6623 · LCNB Corp.

National charter · OCC · 35 branches

Q2 2026

$2.2BAssets
$1.7BLoans
$1.8BDeposits
$285.6MEquity
Loan mix
93%RE $1.6B6%C&I $0.1B1%Consumer $0.0BQ3 2024Q2 2026
Deposit mix
73%Interest-bearing $1.3B27%Noninterest $0.5BQ3 2024Q2 2026

Market Position · Cincinnati, OH-KY-IN · 2026 SOD (annual) · 0.7% share · #11 of 54 inst. · $1.2B of $187.5B

12.9% Warren
0.2% Hamilton
1.7% Montgomery
2.1% Butler

Executive Summary

  • Earnings: ROA of 1.16%, up 19 bps year over year; NIM at 3.61%.
  • Asset quality: problem loans at 0.34% of loans (+7 bps YoY), with net charge-offs at 0.32%.
  • Capital: tier 1 leverage ratio of 9.30%, up 98 bps from a year ago.
  • Funding: loans stand at 93.59% of deposits as of Q2 2026.

Return on Assets (YTD, annualized)

1.16%+19 bps YoY

Net Interest Margin (YTD, annualized)

3.61%+51 bps YoY

Efficiency Ratio (YTD, annualized)

61.87%-581 bps YoY

Tier 1 Leverage Ratio

9.30%+98 bps YoY

NIM

4.28%Q2 ’244.47%Q2 ’254.59%Q2 ’26+22%+16%

Non-interest income vs. expense

2.71%Q2 ’242.71%Q2 ’252.78%Q2 ’26-11%+3%

Year to date, annualized, through each quarter.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets0.49%0.65%0.85%0.98%1.08%1.08%0.90%1.16%+19 bps
Return on Equity4.60%5.98%7.49%8.52%9.23%9.15%7.17%9.22%+70 bps
Net Interest Margin2.59%2.72%2.95%3.11%3.18%3.31%3.50%3.61%+51 bps
Efficiency Ratio79.13%74.26%70.39%67.68%65.46%64.42%64.05%61.87%-581 bps
Non-Interest Burden1.82%1.74%1.76%1.75%1.70%1.72%1.86%1.81%+6 bps
Growth
Asset Growth (YoY)18.47%0.65%0.82%-2.72%-4.43%-2.89%-2.82%-3.64%-92 bps
Loan Growth (YoY)20.32%0.23%-0.47%-3.47%-4.09%-1.16%-1.31%-0.93%+254 bps
Deposit Growth (YoY)18.60%2.82%3.41%-1.22%-3.54%-1.92%-4.31%-5.26%-404 bps
Asset Quality
Nonperforming Loans / Loans0.19%0.27%0.28%0.28%0.12%0.14%0.19%0.34%+7 bps
Net Charge-Offs / Loans0.01%0.04%0.01%0.01%0.02%0.02%0.64%0.32%+31 bps
Allowance / Loans0.68%0.69%0.70%0.70%0.72%0.80%0.79%0.80%+9 bps
Allowance Coverage of NPLs3.6x2.6x2.5x2.5x6.2x5.9x4.1x2.3x-0.2x
Capital
Tier 1 Leverage Ratio7.74%7.94%8.07%8.32%8.53%8.94%8.95%9.30%+98 bps
Total Risk-Based Capital10.46%10.60%10.66%10.88%11.65%11.81%12.04%12.40%+152 bps
Equity / Assets11.09%11.28%11.49%11.65%12.25%12.44%12.59%12.87%+122 bps
Liquidity & Funding
Loans / Deposits91.48%91.96%89.67%89.50%90.97%92.67%92.48%93.59%+409 bps
Liquid Assets / Assets1.30%1.38%1.49%1.29%1.12%0.84%0.99%0.91%-38 bps
CRE / Total Capitaln/an/an/an/a559%556%543%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

LCNB National Bank

Lebanon, OH · Cert 6623 · Peer group: banks $1B-$10B in assets (n=322-328) · LCNB Corp.

National charter · OCC · 35 branches

Q2 2026

$2.2BAssets
$1.7BLoans
$1.8BDeposits
$285.6MEquity

Executive Summary

  • Strongest standing: equity / assets outperforms 83% of banks $1B-$10B in assets (rank 56 of 328).
  • Widest gap: net charge-offs / loans trails 83% of banks $1B-$10B in assets (rank 268 of 322).
  • Overall: at or above the peer median on 3 of 9 directional measures.

Return on Assets

1.17%

Rank 183 of 328

Net Interest Margin

3.61%

Rank 126 of 328

Efficiency Ratio

62.77%

Rank 201 of 328

Equity / Assets

12.87%

Rank 56 of 328

Non-interest income vs. expense

$21.9M$62.7MINCOMEEXPENSE
Unfavorable gap of $40.7M · efficiency ratio beats 39% of banks $1B-$10B in assets
Bank 62.77%Peer median 59.6%Q2 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRank8-Qtr TrendPeer Position
Earnings
Return on Assets1.17%0.91%1.22%1.52%Beats 44%183 / 328
Return on Equity9.10%8.43%11.45%14.43%Beats 30%231 / 328
Net Interest Margin3.61%3.03%3.45%3.83%Beats 62%126 / 328
Efficiency Ratio62.77%51.61%59.56%67.53%Beats 39%201 / 328
Asset Quality
Nonperforming Loans / Loans0.34%0.24%0.51%1.03%Beats 65%113 / 322
Net Charge-Offs / Loans0.16%0.01%0.03%0.10%Beats 17%268 / 322
Capital
Tier 1 Capital Ratio11.62%11.75%13.15%15.47%Beats 24%249 / 328
Total Risk-Based Capital Ratio12.40%12.63%14.15%16.46%Beats 23%253 / 328
Equity / Assets12.87%9.15%10.33%12.01%Beats 83%56 / 328
Liquidity & Funding
Loans / Deposits93.59%76.63%87.92%95.36%70th pctl97 / 323
Loans / Assets76.74%65.18%74.15%79.98%62nd pctl125 / 328
Brokered Deposits / Depositsn/aNot reported for this institution