lcnb-20240412

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 12, 2024 (April 12, 2024)

(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

(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))

Securities Registered Pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, No Par Value

LCNB

NASDAQ

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 2.01 Completion of Acquisition or Disposition of Assets.

On April 12, 2024, LCNB Corp., an Ohio corporation (“LCNB”), completed its previously announced merger with Eagle Financial Bancorp, Inc., a Maryland corporation (“EFBI”), pursuant to the Agreement and Plan of Merger (the “Merger Agreement”) dated November 28, 2023. At the effective time of the merger (the “Effective Time”), EFBI merged with and into LCNB (the “Holding Company Merger”), with LCNB as the surviving corporation in the Holding Company Merger. Immediately following the Holding Company Merger, EFBI’s wholly-owned subsidiary bank, EAGLE.bank, a state-chartered bank operating under a universal bank charter election in accordance with applicable Ohio law (“Eagle Bank”), merged with and into LCNB National Bank, a national bank and wholly-owned subsidiary of LCNB (“LCNB Bank”), with LCNB Bank as the surviving bank (the “Bank Merger” and with the Holding Company Merger, the “Merger”). By virtue of the Merger, LCNB acquired all of the assets, and succeeded to all of the obligations of EFBI, and LCNB Bank acquired all of the assets and succeeded to all of the obligations of Eagle Bank.

Pursuant to the terms of the Merger Agreement, at the Effective Time, each share of the EFBI common stock issued and outstanding immediately prior to the Effective Time (except for treasury shares as provided for in the Merger Agreement), upon the election of the shareholder and in accordance with the procedures set forth in the Merger Agreement, converted into the right to receive 1.1401 shares of LCNB common stock or $19.10 in cash. In addition, each EFBI shareholder who would otherwise be entitled to receive a fractional share of LCNB common stock will receive an amount of cash equal to the product of the fractional LCNB common stock interest to which such holder (after taking into account all EFBI common stock held at the Effective Time by such holder) would otherwise be entitled to multiplied by $19.10.

The foregoing description of the transactions contemplated by the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the Merger Agreement attached as Exhibit 2.1 to LCNB’s Current Report on Form 8-K filed on November 29, 2023, and incorporated herein by reference.

Item 8.01 Other Events.

On April 12, 2024, LCNB announced that it completed its acquisition of EFBI as of April 12, 2024. LCNB and EFBI first announced that they had entered into an agreement to merge on November 29, 2023.

A copy of the press release announcing the event is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

** Schedules and exhibits have been omitted pursuant to Item 601(b)(2) of Regulation S-K. A copy of any omitted schedules or exhibits will be furnished to the SEC upon its request.

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 12, 2024

By: /s/ Robert C. Haines II

Robert C. Haines II
Chief Financial Officer


Exhibit Number						Description of Exhibit

2.1						Agreement and Plan of Merger dated N ovember 28 , 2023 between LCNB Corp. and Eagl e Financial Bancorp, Inc.**
99.1*						Press Release dated April 1 2 , 20 24