Deposits (Tables)

3 Months Ended

Mar. 31, 2024

Statement of Financial Position [Abstract]

Composition of Deposit Liabilities

The following table presents the composition of LCNB's deposits at March 31, 2024 and December 31, 2023 (in thousands):

	March 31, 2024		December 31, 2023
Demand deposits	$	435,580	462,267
Interest-bearing demand and money fund deposits	652,286		643,989
Savings deposits	359,683		379,162
IRA and time certificates	410,944		338,971
Total	$	1,858,493	1,824,389

Time Deposit Maturities

Contractual maturities of time deposits at March 31, 2024 were as follows (in thousands):

Three months or less	$	67,736
Over three through six months	88,753
Over six through twelve months	119,514
April 1, 2024 - March 31, 2025	276,003
April 1, 2025 - March 31, 2026	119,970
April 1, 2026 - March 31, 2027	10,196
April 1, 2027 - March 31, 2028	2,449
April 1, 2028 - March 31, 2029	1,366
Thereafter	960
	$	410,944