Income Taxes (Tables)

9 Months Ended

Sep. 30, 2023

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,
	2023		2022		2023		2022
Statutory tax rate	21.0	%	21.0	%	21.0	%	21.0	%
Increase (decrease) resulting from:
Tax exempt interest	(0.7)	%	(0.6)	%	(0.6)	%	(0.6)	%
Tax exempt income on bank-owned life insurance	(1.2)	%	(0.8)	%	(1.1)	%	(0.9)	%
Captive insurance premium income	(0.5)	%	(0.7)	%	(0.7)	%	(0.8)	%
Affordable housing tax credit limited partnerships	(1.5)	%	(0.7)	%	(1.4)	%	(0.9)	%
Nondeductible merger-related expenses	1.7	%	—	%	0.7	%	—	%
Other, net	0.1	%	0.1	%	0.3	%	0.1	%
Effective tax rate	18.9	%	18.3	%	18.2	%	17.9	%