REGULATORY MATTERS (Tables)

12 Months Ended

Dec. 31, 2015

Banking and Thrift [Abstract]

Financial institutions are classified into categories based upon capital adequacy

For various regulatory purposes, financial institutions are classified into categories based upon capital adequacy:

	Minimum Requirement		To Be Considered Well-Capitalized
Ratio of Common Equity Tier 1 Capital to risk-weighted assets	4.5	%	6.5	%
Ratio of tier 1 capital to risk-weighted assets	6.0	%	8.0	%
Ratio of total capital (tier 1 capital plus tier 2 capital) to risk-weighted assets	8.0	%	10.0	%
Leverage ratio (tier 1 capital to adjusted quarterly average total assets)	4.0	%	5.0	%

Summary of regulatory capital and capital ratios of LCNB

A summary of the regulatory capital of the Consolidated Company and Bank at December 31 follows (dollars in thousands):

	2015					2014
	Consolidated Company			Bank		Consolidated Company		Bank
Regulatory Capital:
Shareholders' equity	$	140,108		138,396		125,695		119,350
Goodwill and other intangible assets	(32,146		)	(32,146	)	(31,886	)	(31,886	)
Accumulated other comprehensive (income) loss	(256		)	(261	)	(785	)	(583	)
Tier 1 risk-based capital	107,706			105,989		93,024		86,881
Eligible allowance for loan losses	3,129			3,129		3,121		3,121
Total risk-based capital	$	110,835		109,118		96,145		90,002
Capital Ratios:
Common Equity Tier 1 Capital to risk-weighted assets	13.46		%	13.26	%	N/A		N/A
Tier 1 capital to risk-weighted assets	13.46		%	13.26	%	13.92	%	13.03	%
Total capital (tier 1 capital plus tier 2 capital) to risk-weighted assets	13.85		%	13.65	%	14.38	%	13.50	%
Leverage ratio (tier 1 capital to adjusted quarterly average total assets)	8.62		%	8.49	%	8.53	%	7.98	%