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Updated: 11:25 a.m. Friday, May 18, 2012 | Posted: 11:24 a.m. Friday, May 18, 2012
Staff Report
LEBANON — LCNB National Bank has been recognized for its "outstanding" three-year average return on equity by American Banker Magazine in its May edition, the bank said.
LCNB is ranked 53rd for its return on equity out of 200 community banks and thrifts with total assets of less than $2 billion, according to the magazine. The Warren County company’s three-year average return on equity was 11.56 percent.
Stephen Wilson, chairman and CEO of LCNB Corp., said in a statement with the release, “This recognition confirms our disciplined focus. Maintaining strong positions in our capital, liquidity, earnings, and asset quality leads to growth and increasing shareholder value.”
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