LCNB (LCNB) investor relations material

Executive summary

• Q3’26 net income was $7.3M, up 5.4% YoY; diluted EPS was $0.51, up 4.1%, versus $6.9M and $0.49 in Q3’25

• Net interest margin expanded 35 bps YoY to 3.92%; balance-sheet repositioning lowered funding costs, while tangible book value per share rose 7.2% to $13.02

• Strategy focuses on profitable organic growth, diversified fee income, disciplined acquisitions, wealth management expansion and shareholder returns

Financial highlights

• Q3’26 net interest income was $19.7M, up 8.6% from $18.1M; 9M net interest income increased to $58.3M from $52.0M

• Nine-month net income was $19.2M, or $1.35 EPS, versus $17.5M and $1.23 in 9M’25; higher net interest income supported growth despite increased credit provisions

• Q3 provision for credit losses was $453K versus $211K; 9M provision was $3.1M versus $426K, primarily reflecting four participated commercial credits

• Q3 noninterest income was $5.3M versus $5.7M, and noninterest expense was $15.6M versus $15.1M; 9M figures were $15.4M and $47.1M, respectively

• Total assets were $2.282B at September 30, 2026; net loans were $1.703B and deposits were $1.883B

Outlook and guidance

• Priorities include profitable organic growth without compromising credit standards, revenue diversification, cost control, shareholder returns and selective M&A with strong ROI

• ~ $282.8M of time deposits are expected to reprice by September 30, 2027, providing further opportunity to lower funding costs

• Management cited adequate liquidity, with $192.7M of remaining FHLB capacity and $115.0M available under correspondent-bank lines

• Growth focus includes wealth management, local decision-making, disciplined portfolio management and proactive balance-sheet initiatives