Income Taxes (Tables)

9 Months Ended

Sep. 30, 2022

Income Tax Disclosure [Abstract]

Reconciliation between Statutory Income Tax and Effective Tax Rate

A reconciliation between the statutory income tax and LCNB's effective tax rate on income from continuing operations follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2022		2021		2022		2021
Statutory tax rate	21.0	%	21.0	%	21.0	%	21.0	%
Increase (decrease) resulting from:
Tax exempt interest	(0.6)	%	(0.8)	%	(0.6)	%	(0.7)	%
Tax exempt income on bank owned life insurance	(0.8)	%	(1.0)	%	(0.9)	%	(0.9)	%
Captive insurance premium income	(0.7)	%	(1.0)	%	(0.8)	%	(0.8)	%
Other, net	(0.6)	%	(0.6)	%	(0.8)	%	(0.5)	%
Effective tax rate	18.3	%	17.6	%	17.9	%	18.1	%