-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IyiORDnaTiM5MvTjOaLeq2Hw6hsn6ginmzFPoJ7m4MUoye+jNiGyaWwvIdIJMTJe hC0QBlrCghjJKSlVsn9vFw== 0000906318-07-000152.txt : 20071221 0000906318-07-000152.hdr.sgml : 20071221 20071221111817 ACCESSION NUMBER: 0000906318-07-000152 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071220 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20071221 DATE AS OF CHANGE: 20071221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LCNB CORP CENTRAL INDEX KEY: 0001074902 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 311626393 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26121 FILM NUMBER: 071321384 BUSINESS ADDRESS: STREET 1: 2 NORTH BROADWAY CITY: LEBANON STATE: OH ZIP: 45036 BUSINESS PHONE: 5139321414 MAIL ADDRESS: STREET 1: 2 NORTH BROADWAY CITY: LEBANON STATE: OH ZIP: 45036 8-K 1 lcnb8k122107.htm SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________



FORM 8-K


CURRENT REPORT



Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934



Date of Report (Date of earliest event reported):  December 20, 2007

LCNB CORP.

(Exact name of Registrant as specified in its Charter)



 

Ohio

   

0-26121

  

31-1626393

(State or other jurisdiction

 

(Commission File No.)  

(IRS Employer

of incorporation)

  

Identification Number)



2 North Broadway, Lebanon, Ohio

   

45036

(Address of principal executive offices)

  

(Zip Code)


Registrant’s telephone number, including area code:   (513) 932-1414

N/A

(Former name or former address, if changed since last report)










Item 2.01  Completion of Acquisition or Disposition of Assets.

On December 20, 2007, LCNB Corp. ("LCNB") consummated the merger of Sycamore National Bank ("Sycamore") with and into LCNB National Bank, a wholly-owned subsidiary of LCNB (the "Bank") in accordance with the Amended and Restated Affiliation Agreement, dated as of September 24, 2007 by and among LCNB, Sycamore and the Bank (the "Affiliation Agreement").  Pursuant to the terms of the Affiliation Agreement, each share of Sycamore common stock, $1.00 par value, issued and outstanding immediately prior to the effective time of the merger, was converted into the right to receive either (i) 2.444 LCNB common shares, with no par value, or cash in lieu thereof for fractional shares, or (ii) $33.75 in cash.  


The description of the Affiliation Agreement and the transactions contemplated thereby, including the merger, contained in this Item 2.01 do not purport to be complete and are qualified in their entirety by reference to the Affiliation Agreement, which is attached hereto as Exhibit 2.01 to this Current Report on Form 8-K and is incorporated herein by reference.  


Item 7.01   Regulation FD Disclosure.

On December 21, 2007, LCNB and Sycamore jointly issued a press release announcing the completion of the merger of Sycamore with and into the Bank, as further described in the press release.  A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated by reference herein.


Item 9.01   Financial Statements and Exhibits.

(c)

Exhibits


Exhibit No.

Description

2.01

Amended and Restated Affiliation Agreement dated as of September 24, 2007, by and among LCNB Corp., LCNB National Bank and Sycamore National Bank (incorporated by reference to Form S-4A filed on October 22, 2007, Annex A).

 

99.1

Press release dated December 21, 2007




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.


       

LCNB CORP.

          
           

Date: December 21, 2007

  

By:  

/s/ Stephen P. Wilson

        

Stephen P. Wilson

Chief Executive Officer

        






December 21, 2007

         

  

    For more information contact:

Stephen P. Wilson, President & CEO or

Steve Foster, Executive Vice President & CFO

(513) 932-1414 or 1-800-344-BANK

TO ALL MEDIA:

FOR IMMEDIATE RELEASE


Re:

LCNB Corp. Closes on Acquisition of Sycamore National Bank


LEBANON, Ohio—December 21, 2007--LCNB Corp. (OTCBB:LCNB) LCNB Corp. announced the merger between LCNB National Bank and Sycamore National Bank is now complete. Today’s closing follows the special meeting held on December 6, 2007, at which the Sycamore shareholders overwhelmingly approved the transaction.


The customers' transition from Sycamore National Bank to LCNB National Bank will be virtually seamless. No action is required by the customer at this time. LCNB will take care of the account changeovers.

 

Each customer will be mailed a booklet that is designed to answer their questions about their accounts and introduce LCNB National Bank, its products, services, locations and extensive ATM network.  Most or all questions will be answered in this booklet; however, customers are encouraged to call 800-344-2265 with additional questions, or visit their local office.


Sycamore National Bank Chairman, Bill Huddleson, pointed out the rich heritage and similar cultures of both organizations. He stated, “The focus on customers and community is what both organizations hold dear. And, this transaction will be a win for the shareholders and the customers of the Sycamore National Bank.”


Stephen P. Wilson, President and CEO of LCNB National Bank commented, “We are honored to have customers, employees and shareholders of Sycamore National Bank become part of LCNB. The history, culture and concern for customer service that are part of Sycamore’s everyday mission will fit perfectly with the LCNB philosophy. We bring a wider variety of products and delivery channels to the combination. LCNB Corp. is a financial holding company offering banking, trust, investment services, and insurance products in six counties serving Southwestern Ohio. This combination will allow us to now serve customers in the entire tri-state area. Our goal in this transaction is to increase our market area, enhance shareholder value and to maintain our customer-centered focus.”


Sycamore National Bank President & CEO, John Calhoun, added, “Our shareholders, customers and employees all benefit greatly from this new community team. Most importantly, we can now offer the same financial services larger banks offer, yet still provide the personal service for which we are well known.” John is joining LCNB National Bank as an Executive Vice President.


LCNB Corp. is a financial holding company headquartered in Lebanon, Ohio. Affiliates of LCNB Corp. are LCNB National Bank, with 24 offices located in Warren, Butler, Clinton, Clermont, Hamilton and Montgomery Counties, Ohio, and Dakin Insurance Agency, Inc. Additional information about LCNB Corp. and information about products and services offered by LCNB National Bank and Dakin Insurance Agency can be found on the Internet at www.lcnb.com and www.dakin-ins.com.




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