8-K

UNITED STATES
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): June 2, 2009

LSB CORPORATION

(Exact name of registrant as specified in its charter)

Massachusetts	000-32955	04-3557612
(State or other jurisdiction	(Commission File Number)	(I.R.S. Employer Identification No.)
of incorporation)

30 Massachusetts Avenue
North Andover, Massachusetts 01845
(978) 725-7500
(Address, including zip code, of registrant’s principal executive offices
and registrant’s telephone number, including area code)

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):

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

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

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

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

TABLE OF CONTENTS

Ex-99.1 Press Release dated June 2, 2009

Item 8.01. Other Events.

     On June 2, 2009, the registrant announced, in a press release, its Board of Directors adopted a Dividend Reinvestment and Stock Purchase Plan (the “Plan”). The Plan will offer shareholders the opportunity to direct dividend payments to be reinvested in shares of LSB Corporation common stock or to make optional stock purchases of LSB Corporation common stock directly from its transfer agent, Computershare Trust Company, N.A. A copy of the press release issued by the registrant is herewith attached as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

Exhibits.

99.1 Press Release dated June 2, 2009.

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 hereunto duly authorized.

LSB CORPORATION
DATED: June 3, 2009
By:	/s/ GERALD T. MULLIGAN
Gerald T. Mulligan
President and Chief Executive Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release dated June 2, 2009

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE	CONTACT: Gerald T. Mulligan
	President & CEO      (978) 725-7555

LSB Corporation Announces Dividend Reinvestment and Stock Purchase Plan

NORTH ANDOVER, MA — (MARKET WIRE) – June 2, 2009 – LSB Corporation (NASDAQ-LSBX) (the “Company”), the parent company of River Bank (the “Bank”), today announced that the Board of Directors has approved the adoption of a Dividend Reinvestment and Stock Purchase Plan (the “Plan”). The Plan will be administered through its stock transfer agent Computershare Trust Company, N.A. and the Company anticipates that a mailing will be sent to shareholders communicating the details of the Dividend Reinvestment and Stock Purchase Plan in June 2009. Information regarding the Plan, including a copy of the Plan prospectus, will also be available on the Company’s website at www.riverbk.com.

A dividend reinvestment and stock purchase plan is an investment option offered directly to existing shareholders from the issuing company, in this instance, LSB Corporation. At the shareholder’s option, dividends are not paid directly in cash, but instead are directly reinvested in Company common stock. The Plan will also allow for a shareholder to make additional, optional stock purchases of Company common stock with a minimum purchase amount of $50 up to a maximum limit of $10,000 per month. The specific terms and conditions, including applicable fees, associated with the Plan will be provided with the mailing in June.

LSB Corporation is a Massachusetts corporation that conducts all of its operations through the Bank, which is its sole subsidiary. The Bank offers a range of commercial and consumer loan and deposit products and is headquartered at 30 Massachusetts Avenue, North Andover, Massachusetts, approximately 25 miles north of Boston. River Bank operates 5 full-service banking offices in Massachusetts in Andover, Lawrence, Methuen (2) and North Andover and 2 full-service banking offices in New Hampshire in Derry and Salem.

The reader is cautioned that this press release may contain certain statements that are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are expressions of management’s expectations as of the date of this press release regarding future events or trends and which do not relate to historical matters. Such expectations may or may not be realized, depending on a number of variable factors, including but not limited to, changes in interest rates, changes in real estate valuations, general economic conditions (either nationally or regionally), regulatory considerations and competition. For more information about these factors, please see our recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q on file with the SEC, including the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations”. As a result of such risk factors and uncertainties, the Company’s actual results may differ materially from such forward-looking statements. The Company does not undertake and specifically disclaims any obligation to publicly release updates or revisions to any such forward-looking statements as a result of new information, future events or otherwise.