Note 20 - Related Party Transactions

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

NOTE 20 - RELATED PARTY TRANSACTIONS

LCNB has entered into related party transactions with various directors and executive officers. Management believes these transactions do not involve more than a normal risk of collectability or present other unfavorable features.  The following table provides a summary of the loan activity for these officers and directors for the years ended December 31 (in thousands):

	2024			2023
Beginning balance	$	2,464			2,192
New loans and advances		75			436
Change in composition of related parties		178			—
Reductions		(393	)		(164	)
Ending Balance	$	2,324			2,464

Deposits from executive officers, directors and related interests of such persons held by the Company at December 31, 2024 and 2023 amounted to $2,618,000 and $2,721,000, respectively.