Income Taxes (Tables)

9 Months Ended

Sep. 30, 2020

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,
	2020		2019		2020		2019
Statutory tax rate	21.0	%	21.0	%	21.0	%	21.0	%
Increase (decrease) resulting from:
Tax exempt interest	(1.0)	%	(1.3)	%	(0.9)	%	(1.6)	%
Tax exempt income on bank owned life insurance	(1.1)	%	(1.1)	%	(1.4)	%	(0.8)	%
Captive insurance premium income	(0.7)	%	(0.7)	%	(0.8)	%	(0.8)	%
Tax benefit from certain provisions of the CARES Act	—	%	—	%	(1.1)	%	—	%
Other, net	(0.3)	%	(1.0)	%	(0.4)	%	(0.8)	%
Effective tax rate	17.9	%	16.9	%	16.4	%	17.0	%