8-K

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): April 18, 2018

LCNB CORP.

(Exact name of Registrant as specified in its Charter)

Ohio	001-35292	31-1626393
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer 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)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☒ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On April 18, 2018, LCNB Corp. issued an earnings release announcing its financial results for the first quarter ended March 31, 2018. A copy of the earnings release (Exhibit 99.1) and unaudited financial highlights (Exhibit 99.2) are attached and are furnished under this Item 2.02.

Important Additional Information About the Merger

On March 6, 2018, LCNB filed a registration statement on Form S-4/A with the Securities and Exchange Commission ("SEC"), which included a joint proxy statement of Columbus First Bancorp, Inc. ("Columbus First") and LCNB and a prospectus of LCNB.  Before making any voting or investment decision, investors and security holders of Columbus First and LCNB are urged to carefully read the entire registration statement and joint proxy statement/prospectus, as well as any amendments or supplements to these documents, because they contain important information about the proposed transaction. Investors and security holders may obtain a free copy of these documents through the website maintained by the SEC at www.sec.gov. These documents may also be obtained, without charge, by directing a request to LCNB Corp., 2 North Broadway, P.O. Box 59, Lebanon, Ohio 45036, Attn.: Investor Relations.

This communication shall not constitute an offer to sell or the solicitation of an offer to buy securities nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. This communication is also not a solicitation of any vote in any jurisdiction pursuant to the proposed transactions or otherwise. No offer of securities or solicitation will be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. The communication is not a substitute for the joint proxy statement/prospectus that LCNB filed with the SEC and each party mailed to its shareholders.

Proxy Solicitation

LCNB and Columbus First and their directors, executive officers, and certain other persons may be deemed to be participants in the solicitation of proxies from the shareholders of LCNB and Columbus First in connection with the Merger. Shareholders may obtain additional information regarding the interests of such participants and other persons who may be deemed participants by reading the joint proxy statement/prospectus.

Item 7.01 Regulation FD Disclosure.

On April 18, 2018, LCNB Corp. issued an earnings release announcing its financial results for the first quarter ended March 31, 2018. A copy of the earnings release (Exhibit 99.1) and unaudited financial highlights (Exhibit 99.2) are attached and are furnished under this Item 7.01.

Item 9.01 Financial Statements and Exhibits.

(d)    Exhibits.

Exhibit No.        Description

99.1 Earnings Press Release Dated April 18, 2018

99.2 Unaudited Financial Highlights

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: April 18, 2018	By: /s/ Robert C. Haines II
		Robert C. Haines II Chief Financial Officer

EX-99.1

Exhibit 99.1

Filed by LCNB Corp.

Pursuant to Rule 425 under the Securities Act of 1933

and deemed filed pursuant to Rule 14a-12

under the Securities Exchange Act of 1934

Subject Company: Columbus First Bancorp, Inc.

Commission File No. 001-3592

Press Release

April 18, 2018

LCNB CORP. REPORTS FINANCIAL RESULTS FOR

THE THREE MONTHS ENDED MARCH 31, 2018

LEBANON, Ohio--LCNB Corp. ("LCNB") (NASDAQ: LCNB) today announced net income of $2,713,000 (total basic and diluted earnings per share of $0.27) for the three months ended March 31, 2018.  This compares to net income of $3,246,000 (total basic and diluted earnings per share of $0.32) for the same three-month period in 2017. Items significantly affecting net income during the 2018 period were:

• expenses relating to the pending merger with Columbus First Bancorp, Inc. ("Columbus First") totaling $758,000, and

• a reduction in LCNB's federal tax rate from 34% to 21% as a result of the Tax Cuts and Jobs Act that was signed into law on December 22, 2017.

Commenting on the financial results, LCNB Chief Executive Officer Steve Foster said, "We are pleased to report our financial results for the first quarter 2018, including increased net interest and non-interest income as compared with the first quarter 2017, loan portfolio growth during 2018, and continued excellent credit quality. Net income for the quarter was less than last year due to merger-related expenses for the pending acquisition of Columbus First Bancorp, Inc. Eliminating this item from the income statement produces pro-forma net income of $3,334,000, which is an $88,000 increase over the first quarter 2017. In addition, we look forward to finalizing our pending merger with Columbus First and welcoming their shareholders, depositors, and borrowers to LCNB. This acquisition will strengthen our presence in the desirable Columbus, Ohio market area and open up new markets as we provide Columbus First's customers with a broader array of banking and investment services."

Net interest income for the three months ended March 31, 2018 was $201,000 greater than the comparable period in 2017, primarily due to growth in LCNB's loan portfolio, partially offset by a decrease in average investment securities and a market-driven increase in average rates paid on deposits and short-term borrowings.

The provision for loan losses for the three months ended March 31, 2018 was $64,000 greater than the comparable period in 2017. Non-accrual loans and loans past due 90 days or more and still accruing interest decreased $75,000, from $2,965,000 or 0.35% of total loans at December 31, 2017, to $2,890,000 or 0.34% of total loans at March 31, 2018.

Non-interest income for the three months ended March 31, 2018 was $206,000 greater than the comparable periods in 2017 primarily due to increases in fiduciary income and service charges and fees on deposit accounts.

Non-interest expense for the three months ended March 31, 2018 was $1,581,000 greater than the comparable period in 2017 primarily due to increases in salaries and employee benefits, merger-related expenses, and various expenses related to the new operations center. Merger-related expenses increased due to costs connected to the pending acquisition of Columbus First. Subject to customary regulatory approvals, LCNB and Columbus First shareholder approvals, and other conditions set forth in the definitive merger agreement, this transaction is anticipated to close in the second quarter of 2018.

Important Information for Investors and Shareholders:

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of LCNB. LCNB filed a registration statement on Form S-4 and other documents regarding the proposed business combination transaction referenced in this press release with the Securities and Exchange Commission (“SEC”) to register the shares of LCNB’s common stock to be issued to the shareholders of Columbus First. The registration statement included a joint proxy statement/prospectus which was sent to the shareholders of Columbus First and LCNB in advance of respective special meetings of shareholders that will be held to consider the proposed merger. Investors and LCNB and Columbus First shareholders are urged to read the joint proxy statement/prospectus and any other relevant documents to be filed with the SEC in connection with the proposed transaction because they contain important information about LCNB, Columbus First and the proposed transaction. Investors and shareholders may obtain a free copy of these documents through the website maintained by the SEC at www.sec.gov. These documents may also be obtained, without charge, by directing a request to LCNB Corp., Two North Broadway, P.O. Box 59, Lebanon, Ohio 45036: Investor Relations.

LCNB and Columbus First and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of LCNB and Columbus First in connection with the proposed merger. Information about the directors and executive officers of LCNB is set forth in the proxy statement for LCNB’s 2018 annual meeting of shareholders, as filed with the SEC on Schedule 14A on March 9, 2018. Additional information regarding the interests of those participants and other persons who may be deemed participants in the transaction may be obtained by reading the joint proxy statement/prospectus regarding the proposed merger. Free copies of this document may be obtained as described in the preceding paragraph.

LCNB Corp. is a financial holding company headquartered in Lebanon, Ohio. Through its subsidiary, LCNB National Bank (the “Bank”), it serves customers and communities in Southwest and South Central Ohio. A financial institution with a long tradition for building strong relationships with customers and communities, the Bank offers convenient banking locations in Butler, Clermont, Clinton, Fayette, Hamilton, Montgomery, Preble, Ross and Warren Counties, Ohio. A commercial loan office is located in Franklin County, Ohio. The Bank continually strives to exceed customer expectations and provides an array of services for all personal and business banking needs including checking, savings, online banking, personal lending, business lending, agricultural lending, business support, deposit and treasury, investment services, trust and IRAs and stock purchases. LCNB Corp. common shares are traded on the NASDAQ Capital Market Exchange® under the symbol “LCNB.” Learn more about LCNB Corp. at www.lcnb.com.

Certain statements made in this news release regarding LCNB’s financial condition, results of operations, plans, objectives, future performance and business, are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are identified by the fact they are not historical facts and include words such as “anticipate”, “could”, “may”, “feel”, “expect”, “believe”, “plan”, and similar expressions. Please refer to LCNB’s Annual Report on Form 10-K for the year ended December 31, 2016, as well as its other filings with the SEC, for a more detailed discussion of risks, uncertainties and factors that could cause actual results to differ from those discussed in the forward-looking statements.

These forward-looking statements reflect management's current expectations based on all information available to management and its knowledge of LCNB’s business and operations. Additionally, LCNB’s financial condition, results of operations, plans, objectives, future performance and business are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, but are not limited to:

1. the success, impact, and timing of the implementation of LCNB’s business strategies;

2. LCNB’s ability to integrate future acquisitions, including the pending merger with Columbus First, may be unsuccessful, or may be more difficult, time-consuming or costly than expected;

3. LCNB’s ability to obtain regulatory approvals of the proposed merger of LCNB with Columbus First on the proposed terms and schedule, and approval of the merger by the shareholders of LCNB or Columbus First may be unsuccessful;

4. LCNB may incur increased charge-offs in the future;

5. LCNB may face competitive loss of customers;

6. changes in the interest rate environment may have results on LCNB’s operations materially different from those anticipated by LCNB’s market risk management functions;

7. changes in general economic conditions and increased competition could adversely affect LCNB’s operating results;

8. changes in other regulations and government policies affecting bank holding companies and their subsidiaries, including changes in monetary policies, could negatively impact LCNB’s operating results;

9. LCNB may experience difficulties growing loan and deposit balances;

10. the current economic environment poses significant challenges for us and could adversely affect our  financial condition and results of operations;

11. deterioration in the financial condition of the U.S. banking system may impact the valuations of investments LCNB has made in the securities of other financial institutions resulting in either actual losses or other than temporary impairments on such investments;

12. difficulties with technology or data security breaches, including cyberattacks, that could negatively affect LCNB's ability to conduct business and its relationships with customers, vendors, and others; and

13. government intervention in the U.S. financial system, including the effects of recent legislative, tax, accounting and regulatory actions and reforms, including the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), the Jumpstart Our Business Startups Act, the Consumer Financial Protection Bureau, the capital ratios of Basel III as adopted by the federal banking authorities, and the Tax Cuts and Jobs Act. 

Forward-looking statements made herein reflect management's expectations as of the date such statements are made. Such information is provided to assist shareholders and potential investors in understanding current and anticipated financial operations of LCNB and is included pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. LCNB undertakes no obligation to update any forward-looking statement to reflect events or circumstances that arise after the date such statements are made. 

EX-99.2

Exhibit 99.2

LCNB Corp. and Subsidiaries

Financial Highlights

(Dollars in thousands, except per share amounts)

(Unaudited)

	Three Months Ended
	3/31/2018			12/31/2017		9/30/2017		6/30/2017		3/31/2017
Condensed Income Statement
Interest income	$	11,142		11,610		11,055		10,934		10,864
Interest expense	954			953		908		861		877
Net interest income	10,188			10,657		10,147		10,073		9,987
Provision for loan losses	79			(10	)	(12	)	222		15
Net interest income after provision	10,109			10,667		10,159		9,851		9,972
Non-interest income	2,636			2,579		2,659		2,790		2,430
Non-interest expense	9,549			8,612		8,672		8,611		7,968
Income before income taxes	3,196			4,634		4,146		4,030		4,434
Provision for income taxes	483			1,017		1,040		1,027		1,188
Net income	$	2,713		3,617		3,106		3,003		3,246
Accreted income on acquired loans	$	96		606		90		180		220
Tax-equivalent net interest income	$	10,375		11,062		10,569		10,494		10,410
Per Share Data
Dividends per share	$	0.16		0.16		0.16		0.16		0.16
Basic earnings per common share	$	0.27		0.37		0.31		0.30		0.32
Diluted earnings per common share	$	0.27		0.36		0.31		0.30		0.32
Book value per share	$	14.80		14.99		14.94		14.77		14.52
Tangible book value per share	$	11.47		11.64		11.57		11.38		11.11
Average basic common shares outstanding	10,020,611			10,013,777		10,008,807		10,004,422		9,995,054
Average diluted common shares outstanding	10,028,588			10,020,566		10,015,204		10,011,312		10,002,878
Shares outstanding at period end	10,041,152			10,023,059		10,018,507		10,014,004		10,009,642
Selected Financial Ratios
Return on average assets	0.85		%	1.11	%	0.94	%	0.91	%	1.01	%
Return on average equity	7.33		%	9.49	%	8.22	%	8.15	%	9.10	%
Dividend payout ratio	59.26		%	43.24	%	51.61	%	53.33	%	50.00	%
Net interest margin (tax equivalent)	3.59		%	3.73	%	3.52	%	3.50	%	3.55	%
Efficiency ratio (tax equivalent)	73.39		%	63.13	%	65.56	%	64.82	%	62.06	%
Selected Balance Sheet Items
Cash and cash equivalents	$	17,494		25,386		21,203		29,967		33,274
Investment securities and stock	310,009			317,413		353,634		373,595		371,501
Loans:
Commercial and industrial	$	37,118		36,057		36,049		38,651		40,039
Commercial, secured by real estate	542,890			527,947		510,158		495,255		475,594
Residential real estate	246,487			251,582		253,530		258,710		260,853
Consumer	17,176			17,450		17,956		17,475		17,646
Agricultural	12,217			15,194		15,677		16,014		15,459
Other, including deposit overdrafts	506			539		570		547		609
Deferred net origination costs	263			291		264		281		281
Loans, gross	856,657			849,060		834,204		826,933		810,481
Less allowance for loan losses	3,529			3,403		3,407		3,382		3,328
Loans, net	$	853,128		845,657		830,797		823,551		807,153
Total earning assets	$	1,168,204		1,170,700		1,193,648		1,211,096		1,200,544
Total assets	1,288,791			1,295,638		1,314,319		1,335,571		1,319,074
Total deposits	1,123,463			1,085,821		1,121,523		1,143,920		1,148,198
Short-term borrowings	0			47,000		30,000		31,712		15,957

	Three Months Ended
	3/31/2018			12/31/2017		9/30/2017		6/30/2017		3/31/2017
Selected Balance Sheet Items, continued
Long-term debt	6,219			303		363		402		480
Total shareholders’ equity	148,584			150,271		149,713		147,927		145,318
Equity to assets ratio	11.53		%	11.60	%	11.39	%	11.08	%	11.02	%
Loans to deposits ratio	76.25		%	78.20	%	74.38	%	72.29	%	70.59	%
Tangible common equity (TCE)	$	114,801		116,289		115,527		113,542		110,745
Tangible common assets (TCA)	1,255,008			1,261,656		1,280,133		1,301,186		1,284,501
TCE/TCA	9.15		%	9.22	%	9.02	%	8.73	%	8.62	%
Selected Average Balance Sheet Items
Cash and cash equivalents	$	21,820		18,787		21,609		33,639		26,672
Investment securities and stock	313,689			332,225		363,039		373,295		366,499
Loans	$	853,152		840,526		824,183		811,186		813,597
Less allowance for loan losses	3,401			3,407		3,324		3,334		3,557
Net loans	$	849,751		837,119		820,859		807,852		810,040
Total earning assets	$	1,170,708		1,175,180		1,190,860		1,202,129		1,188,383
Total assets	1,292,375			1,295,293		1,313,476		1,321,442		1,308,591
Total deposits	1,114,979			1,096,966		1,133,072		1,148,206		1,125,457
Short-term borrowings	14,086			34,440		17,936		15,030		28,500
Long-term debt	2,255			323		383		441		537
Total shareholders’ equity	150,058			151,154		150,032		147,826		144,672
Equity to assets ratio	11.61		%	11.67	%	11.42	%	11.19	%	11.06	%
Loans to deposits ratio	76.52		%	76.62	%	72.74	%	70.65	%	72.29	%
Asset Quality
Net charge-offs (recoveries)	$	(47	)	(7	)	(36	)	168		262
Other real estate owned	0			0		0		0		0
Non-accrual loans	2,744			2,965		4,387		3,747		3,869
Loans past due 90 days or more and still accruing	146			0		95		141		12
Total nonperforming loans	$	2,890		2,965		4,482		3,888		3,881
Net charge-offs (recoveries) to average loans	(0.02		)%	0.00	%	(0.02	)%	0.08	%	0.13	%
Allowance for loan losses to total loans	0.41		%	0.40	%	0.41	%	0.41	%	0.41	%
Nonperforming loans to total loans	0.34		%	0.35	%	0.54	%	0.47	%	0.48	%
Nonperforming assets to total assets	0.22		%	0.23	%	0.34	%	0.29	%	0.29	%
Assets Under Management
LCNB Corp. total assets	$	1,288,791		1,295,638		1,314,319		1,335,571		1,319,074
Trust and investments (fair value)	359,766			362,486		326,642		315,450		316,856
Mortgage loans serviced	90,630			92,818		96,241		98,234		99,324
Cash management	72,372			84,344		77,780		45,519		29,102
Brokerage accounts (fair value)	230,168			229,006		219,960		209,019		199,019
Total assets managed	$	2,041,727		2,064,292		2,034,942		2,003,793		1,963,375
Non-GAAP Financial Measures
Net income	$	2,713		3,617		3,106		3,003		3,246
Add: merger-related expenses, net of tax	621			87		0		0		0
Core net income	$	3,334		3,704		3,106		3,003		3,246
Basic core earnings per share	0.33			0.37		0.31		0.30		0.32
Diluted core earnings per share	0.33			0.37		0.31		0.30		0.32
Adjusted return on average assets	1.05		%	1.16	%	0.94	%	0.91	%	1.01	%
Adjusted return on average equity	9.01		%	9.94	%	8.22	%	8.15	%	9.1	%
Core efficiency ratio (tax equivalent)	66.67		%	62.34	%	65.56	%	64.82	%	62.06	%

LCNB CORP. AND SUBSIDIARIES

CONSOLIDATED CONDENSED BALANCE SHEETS

(Dollars in thousands)

	March 31, 2018 (Unaudited)			December 31, 2017
ASSETS:
Cash and due from banks	$	12,713		21,159
Interest-bearing demand deposits	4,781			4,227
Total cash and cash equivalents	17,494			25,386
Investment securities:
Equity securities with a readily determinable fair value, at fair value	2,144			2,161
Equity securities without a readily determinable fair value, at cost	1,099			1,099
Debt securities, available-for-sale, at fair value	267,894			275,212
Debt securities, held-to-maturity, at cost	32,502			32,571
Federal Reserve Bank stock, at cost	2,732			2,732
Federal Home Loan Bank stock, at cost	3,638			3,638
Loans, net	853,128			845,657
Premises and equipment, net	34,595			34,927
Goodwill	30,183			30,183
Core deposit and other intangibles	3,600			3,799
Bank owned life insurance	28,171			27,985
Other assets	11,611			10,288
TOTAL ASSETS	$	1,288,791		1,295,638
LIABILITIES:
Deposits:
Noninterest-bearing	$	286,186		283,212
Interest-bearing	837,277			802,609
Total deposits	1,123,463			1,085,821
Short-term borrowings	—			47,000
Long-term debt	6,219			303
Accrued interest and other liabilities	10,525			12,243
TOTAL LIABILITIES	1,140,207			1,145,367
COMMITMENTS AND CONTINGENT LIABILITIES	—			—
SHAREHOLDERS' EQUITY:
Preferred shares – no par value, authorized 1,000,000 shares, none outstanding	—			—
Common shares – no par value, authorized 19,000,000 shares at March 31, 2018 and December 31, 2017; issued 10,794,779 and 10,776,686 shares at March 31, 2018 and December 31, 2017, respectively	77,159			76,977
Retained earnings	88,933			87,301
Treasury shares at cost, 753,627 shares at March 31, 2018 and December 31, 2017	(11,665		)	(11,665	)
Accumulated other comprehensive loss, net of taxes	(5,843		)	(2,342	)
TOTAL SHAREHOLDERS' EQUITY	148,584			150,271
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$	1,288,791		1,295,638

LCNB CORP. AND SUBSIDIARIES

CONSOLIDATED CONDENSED STATEMENTS OF INCOME

(Dollars in thousands, except per share data)

(Unaudited)

	Three Months Ended  March 31,
	2018	2017
INTEREST INCOME:
Interest and fees on loans	9,413	8,915
Dividends on equity securities with a readily determinable fair value	15	15
Dividends on equity securities without a readily determinable fair value	7	6
Interest on debt securities, taxable	931	1,072
Interest on debt securities, non-taxable	704	799
Other short-term investments	72	57
TOTAL INTEREST INCOME	11,142	10,864
INTEREST EXPENSE:
Interest on deposits	871	843
Interest on short-term borrowings	69	30
Interest on long-term debt	14	4
TOTAL INTEREST EXPENSE	954	877
NET INTEREST INCOME	10,188	9,987
PROVISION FOR LOAN LOSSES	79	15
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	10,109	9,972
NON-INTEREST INCOME:
Fiduciary income	964	852
Service charges and fees on deposit accounts	1,305	1,222
Net gain on sales of securities	—	—
Bank owned life insurance income	186	189
Gains from sales of loans	22	39
Other operating income	159	128
TOTAL NON-INTEREST INCOME	2,636	2,430
NON-INTEREST EXPENSE:
Salaries and employee benefits	4,977	4,526
Equipment expenses	253	211
Occupancy expense, net	727	568
State financial institutions tax	303	284
Marketing	132	143
Amortization of intangibles	185	185
FDIC insurance premiums	99	104
Contracted services	315	248
Other real estate owned	2	5
Merger-related expenses	758	—
Other non-interest expense	1,798	1,694
TOTAL NON-INTEREST EXPENSE	9,549	7,968
INCOME BEFORE INCOME TAXES	3,196	4,434
PROVISION FOR INCOME TAXES	483	1,188
NET INCOME	2,713	3,246
Dividends declared per common share	0.16	0.16
Earnings per common share:
Basic	0.27	0.32
Diluted	0.27	0.32
Weighted average common shares outstanding:
Basic	10,020,611	9,995,054
Diluted	10,028,588	10,002,878

Contacts

LCNB Corp.

Steve P. Foster, CEO & President, 800-344-BANK

Robert C. Haines II, Executive Vice President and CFO, 800-344-BANK