Deposits (Tables)

9 Months Ended

Sep. 30, 2023

Statement of Financial Position [Abstract]

Composition of Deposit Liabilities

The following table presents the composition of LCNB's deposits at September 30, 2023 and December 31, 2022 (in thousands):

	September 30, 2023		December 31, 2022
Demand deposits	$	453,146	505,824
Interest-bearing demand and money fund deposits	554,700		510,324
Savings deposits	370,917		432,322
IRA and time certificates	238,127		156,500
Total	$	1,616,890	1,604,970

Time Deposit Maturities

Contractual maturities of time deposits at September 30, 2023 were as follows (in thousands):

October 1, 2023 - September 30, 2024	$	138,134
October 1, 2024 - September 30, 2025	85,359
October 1, 2025 - September 30, 2026	6,492
October 1, 2026 - September 30, 2027	6,443
October 1, 2027 - September 30, 2028	976
Thereafter	723
	$	238,127