10-K/A

1
                   SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549
                                FORM 10K/A

            Annual Report Pursuant to Section 13 OR 15(d) of
                  the Securities Exchange Act of 1934

 For the fiscal year ended                      Commission file
    December 31, 1994                           number 0-13203

                           Amendment Number 1       

                            LNB Bancorp, Inc.
      (Exact name of the registrant as specified in its Charter)

                 Ohio                          34-1406303
       (State of incorporation)    (I.R.S. Employer Identification No.)
      457 Broadway, Lorain, Ohio               44052-1769
(Address of principal executive offices)       (Zip Code)

                           (216) 244 - 6000
       (Registrant's telephone number, including area code)

       SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE
                  SECURITIES EXCHANGE ACT OF 1934:

     Title of Each Class       Name of Each Exchange on Which Registered
Common Stock, Par Value $1.00               NASDAQ - OTC
         Per Share

   Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act
of 1934 during the preceding 12 months (or for such shorter period that
the Registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.  YES [X]  NO [ ]

   Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-K or any amendment to this Form 10-K. [ ]

   The aggregate market value of the voting stock held by non-affiliates
of the Registrant at February 28, 1995 was approximately $68,237,000.

   The number of shares of Registrant's Common Stock outstanding on
February 28, 1995 was 3,210,069.






2
   The undersigned registrant hereby amends the following items of its
Annual Report pursuant to Section 13 or 15(d) of the Securities Exchange
Act of 1934 on Form 10-K for the fiscal year ended December 31, 1994 for
the purpose of refiling an electronic copy of the Financial Data Schedule
as a separate electronic document:

PART II

ITEM 14 - EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K

     (3)  Exhibits:

          (27)   Financial Data Schedule

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) 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.
  
                                       LNB Bancorp, Inc.
                                       (Registrant)
                                   
                                    By: /s/ Gregory D. Friedman   
                                        -----------------------    
                                        SENIOR VICE PRESIDENT AND 
                                        CHIEF FINANCIAL OFFICER      
                                        (ACTING CHIEF ACCOUNTING OFFICER)

                                  Date: April 21, 1995
        
3
                               LNB Bancorp, Inc.
                                  Form 10K/A
  
                                 Exhibit Index
                    Pursuant to Item 601 (a) of Regulation S-K

S-K Reference                    Exhibit
   Number                           

   (27)             Financial Data Schedule

4             
                               LNB Bancorp, Inc.

                             Exhibit to Form 10K/A   

                  (for the fiscal year ended December 31, 1994)

                         S - K Reference Number (27)




                           Financial Data Schedule 
     

EX-27

 

<ARTICLE> 9
<CIK> 0000737210
<NAME> LNB BANCORP, INC.
<MULTIPLIER> 1000
<CURRENCY> U.S.
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               DEC-31-1994
<EXCHANGE-RATE>                                      1
<CASH>                                          21,275
<INT-BEARING-DEPOSITS>                         278,123
<FED-FUNDS-SOLD>                                     0
<TRADING-ASSETS>                                     0
<INVESTMENTS-HELD-FOR-SALE>                     10,137
<INVESTMENTS-CARRYING>                          89,387
<INVESTMENTS-MARKET>                            86,943
<LOANS>                                        261,807
<ALLOWANCE>                                    (3,832)
<TOTAL-ASSETS>                                 394,855
<DEPOSITS>                                     335,219
<SHORT-TERM>                                    19,171
<LIABILITIES-OTHER>                              2,954
<LONG-TERM>                                          0
<COMMON>                                         3,200
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                      34,311
<TOTAL-LIABILITIES-AND-EQUITY>                 394,855
<INTEREST-LOAN>                                 21,425
<INTEREST-INVEST>                                5,108
<INTEREST-OTHER>                                   297
<INTEREST-TOTAL>                                26,830
<INTEREST-DEPOSIT>                               7,761
<INTEREST-EXPENSE>                               8,572
<INTEREST-INCOME-NET>                           18,258
<LOAN-LOSSES>                                      400
<SECURITIES-GAINS>                                  70
<EXPENSE-OTHER>                                 15,679
<INCOME-PRETAX>                                  6,313
<INCOME-PRE-EXTRAORDINARY>                       6,313
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     4,432
<EPS-PRIMARY>                                     1.37
<EPS-DILUTED>                                     1.37
<YIELD-ACTUAL>                                    5.09
<LOANS-NON>                                        318
<LOANS-PAST>                                       419
<LOANS-TROUBLED>                                     0
<LOANS-PROBLEM>                                  1,197
<ALLOWANCE-OPEN>                                 3,714
<CHARGE-OFFS>                                      399
<RECOVERIES>                                       117
<ALLOWANCE-CLOSE>                                3,832
<ALLOWANCE-DOMESTIC>                             2,708
<ALLOWANCE-FOREIGN>                                  0
<ALLOWANCE-UNALLOCATED>                          1,124