8-K

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                                 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): OCTOBER 28, 2005

                                 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
     of incorporation)                                       Identification No.)

                             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):

[ ] 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))

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Item 2.02. Results of Operations and Financial Condition.

      On October 28, 2005, the registrant announced, in a press release, its
quarterly dividend to shareholders for the fourth quarter 2005. 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

(c)   Exhibits.

99.1  Press Release dated October 28, 2005.

                                   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: October 28, 2005

By:   /S/ PAUL A. MILLER
      Paul A. Miller
      President and Chief Executive Officer

                                  EXHIBIT INDEX

            Exhibit No.           Description

                     99.1         Press Release dated October 28, 2005

EX-99.1

                                  Exhibit 99.1

FOR IMMEDIATE RELEASE

                                                    BANK CONTACT: PAUL A. MILLER
                                                                  (978) 725-7555

                                 LSB CORPORATION
                              DIVIDEND YIELD 3.50%

NORTH ANDOVER, Mass. -- (MARKET WIRE) - October 28, 2005, LSB Corporation,
(NASDAQ - LSBX), today announced the Board of Directors of LSB Corporation
declared a dividend to shareholders on October 27, 2005. The Board voted to pay
a cash dividend of $0.14 per share on its outstanding shares of common stock
payable on November 25, 2005 to shareholders of record at the close of business
on November 10, 2005. This represents a 3.50% dividend yield based on the stock
price of $16.00 at the close of business on October 27, 2005.

LSB Corporation is the parent holding company of its wholly-owned subsidiary
Lawrence Savings Bank located in North Andover, Massachusetts, an Equal Housing
Lender and Member, FDIC/Depositors Insurance Fund.