8-K

UNITED STATESSECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K


CURRENT REPORT
Pursuant to Section 13 OR 15(d) ofthe Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)  April 27, 2010

LNB BANCORP, INC.

(Exact name of registrant as specified in its charter)

Ohio	0-13203	34-1406303
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

457 Broadway, Lorain, Ohio	44052-1769
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (440) 244-6000

(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))

Item 2.02.  Results of Operations and Financial Condition.

On April 27, 2010, LNB Bancorp, Inc. (the “Company”) issued a press release announcing its results of operations for the first quarter of 2010.  A copy of the press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K.

Item 7.01.  Regulation FD Disclosure.

On April 27, 2010, LNB Bancorp, Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors declared a cash dividend on the Company’s Fixed Rate Cumulative Perpetual Preferred Stock, Series B. A copy of the press release is furnished as Exhibit 99.2 to this Current Report on Form 8-K.

On April 27, 2010, LNB Bancorp, Inc. held its Annual Meeting of shareholders. The presentation by Mr. Klimas is attached hereto as Exhibit 99.3.

Item 9.01.   Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Press Release issued by LNB Bancorp, Inc., announcing its results of operations for the first quarter of 2010.
99.2	Press Release issued by LNB Bancorp, Inc., announcing that its Board of Directors has declared a quarterly dividend on its Series B Preferred Shares.
99.3	Annual Meeting presentation material

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.

		LNB BANCORP, INC.
		(Registrant)
Date:	April 27, 2010	By:	/s/ Gary J. Elek
			Gary J. Elek
			Chief Financial Officer

Exhibit Index

Exhibit No.	Description
99.1	Press Release issued by LNB Bancorp, Inc., announcing its results of operations for the first quarter of 2010.
99.2	Press Release issued by LNB Bancorp, Inc., announcing that its Board of Directors has declared a quarterly dividend on its Series B Preferred Shares.
99.3	Annual Meeting presentation material

EX-99.1

Exhibit 99.1

LNB Bancorp, Inc. Reports First Quarter 2010 Results

• Net income 14-cents per diluted share for 1^st quarter 2010
• Net interest income shows 9.8 percent increase 1Q10 vs. 1Q09
• Net interest margin shows significant improvement

LORAIN, Ohio--(BUSINESS WIRE)--April 27, 2010--LNB Bancorp, Inc. (NASDAQ: LNBB) today reported net income for the three months ended March 31, 2010 of $1,331,000, or $.14 per diluted share, compared with $1,317,000, or $.14 per diluted share reported for the same period a year ago.

“We are pleased that our pre-provision core earnings* increased by 10 percent in the first quarter of 2010, compared with the first quarter a year ago, as we saw improvement once again in net interest income and net interest margin,” said Daniel E. Klimas, president and chief executive officer of LNB Bancorp, Inc. “Such a strong core earnings performance provides a solid foundation for the future.

“We continue to take significant reserves to provide for additional losses in our credit portfolio amid this difficult economic environment,” said Klimas.

Key Performance Measures

Net interest income on a fully taxable equivalent basis for the first quarter of 2010 was $9,904,000, a 9.8 percent increase compared with $9,019,000 for the first quarter a year ago. The increase in net interest income was driven largely by the effect of lower market interest rates on the funding side while average earning assets decreased 1.02 percent on a year over year basis. As a result, the first quarter 2010 net interest margin improved 36 basis points to 3.69 percent, up from 3.33 percent one year ago.

The provision for loan losses totaled $2,109,000 for the quarter ended March 31, 2010 compared to $1,809,000 for the same period one year ago and $3,657,000 in the fourth quarter of 2009.

Noninterest income was $2,651,000 for the first quarter of 2010, compared to $2,857,000 for the first quarter of 2009. Trust fees, electronic banking fees and other fees increased year over year. Gains on the sale of loans were down $62,000, or 24.41 percent compared to the first quarter of last year. Gains on the sale of securities were down nearly $299,000 in the first quarter of 2010, compared to the first quarter of 2009.

Noninterest expense was $8,693,000 for the first quarter of 2010, compared with $8,360,000 for the first quarter of 2009, an increase of $333,000 or 3.98 percent. The increase attributable to the premium assessment from the Federal Deposit Insurance Corporation accounted for $215,000 of the increase. The efficiency ratio, which is the measure of cost to generate revenue, improved from 70.39 percent in 2009 to 69.24 percent in 2010.

During the first quarter, overall loan demand was weak as total loans ended the quarter at $792,585,000 compared to $803,197,000 at December 31, 2009 and $802,267,000 at March 31, 2009. Total assets for the first quarter ended at $1,158,763,000 compared to $1,188,335,000 at the end of the first quarter of 2009. Total deposits grew modestly to $979,053,000 at the end of the first quarter of 2010, up from $978,120,000 in the first quarter of 2009. The growth in deposits came in the form of core deposits, which had the effect of improving the Company’s liquidity while reducing its costs.

Given the current economic conditions the Company continues to work through asset quality challenges. At March 31, 2010 the Company’s non-performing assets totaled $44,374,000 or 3.83 percent of total assets compared to $40,101,000 or 3.49 percent at December 31, 2009 and $22,769,000 or 1.92 percent at March 31, 2009. As a result of the increase, the allowance for possible loan losses increased from $11,575,000 at March 31, 2009 to $18,792,000 at December 31, 2009 and $19,183,000 at March 31, 2010. The allowance to total loans at March 31, 2010 equaled 2.42 percent compared to 2.34 percent and 1.44 percent at December 31, 2009 and March 31, 2009, respectively.

Net charge-offs to average loans for the quarter ending March 31, 2010 was 0.87 percent compared to 0.95 percent one year ago. In addition to the effect of the overall economy and the level of unemployment, a significant factor impacting asset quality has been the lower market valuation of the underlying collateral, primarily in construction and development and commercial real estate loans and the need to provide additional allowances due to these lower valuations.

* Pre-provision core earnings is a non-GAAP financial measure that the Company’s management believes is useful in analyzing the Company’s underlying performance trends, particularly in periods of economic stress. Pre-provision core earnings is defined as income before income tax expense, adjusted to exclude the impact of provision for loan losses. Pre-provision core earnings is reconciled to the related GAAP financial measure in the “Reconciliation” table included after the consolidated financial statements and supplemental financial information included in this press release.

About LNB Bancorp, Inc.

LNB Bancorp, Inc. is a $1.2 billion bank holding company. Its major subsidiary, The Lorain National Bank, is a full-service commercial bank, specializing in commercial, personal banking services, residential mortgage lending and investment and trust services. The Lorain National Bank and Morgan Bank serve customers through 20 retail-banking locations and 27 ATMs in Lorain, eastern Erie, western Cuyahoga and Summit counties. North Coast Community Development Corporation is a wholly owned subsidiary of The Lorain National Bank. Brokerage services are provided by the bank through an agreement with Investment Centers of America. For more information about LNB Bancorp, Inc., and its related products and services or to view its filings with the Securities and Exchange Commission, visit us at http://www.4lnb.com.

This press release contains forward-looking statements within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995. Terms such as “will,” “should,” “plan,” “intend,” “expect,” “continue,” “believe,” “anticipate” and “seek,” as well as similar expressions, are forward-looking in nature. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual results and events may differ materially from those expressed or anticipated as a result of risks and uncertainties which include fluctuations in interest rates, inflation, government regulations, and economic conditions and competition in the geographic and business areas in which LNB Bancorp, Inc. conducts its operations, as well as the risks and uncertainties described from time to time in LNB Bancorp’s reports as filed with the Securities and Exchange Commission. Except to the extent required by law, we undertake no obligation to review or update any forward-looking statements, whether as a result of new information, future events or otherwise.

CONSOLIDATED BALANCE SHEETS
	At March 31, 2010		At December 31, 2009
	(unaudited)
	(Dollars in thousands except share amounts)
ASSETS
Cash and due from Banks	$ 18,717		$ 16,318
Federal funds sold and short-term investments	35,650		10,615
Cash and cash equivalents	54,367		26,933
Interest-bearing deposits in other banks	360		359
Securities:
Trading securities, at fair value	-		8,445
Available for sale, at fair value	248,112		247,037
Federal Home Loan Bank and Federal Reserve Stock	4,985		4,985
Total Securities	253,097		260,467
Loans held for sale	3,691		3,783
Loans:
Portfolio loans	792,585		803,197
Allowance for loan losses	(19,183	)	(18,792	)
Net loans	773,402		784,405
Bank premises and equipment, net	9,782		10,105
Other real estate owned	1,467		1,264
Bank owned life insurance	16,607		16,435
Goodwill, net	21,582		21,582
Intangible assets, net	971		1,005
Accrued interest receivable	3,882		4,072
Other assets	19,555		19,099
Total Assets	$ 1,158,763		$ 1,149,509
LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits
Demand and other noninterest-bearing	$ 111,896		$ 118,505
Savings, money market and interest-bearing demand	304,711		305,045
Certificates of deposit	562,445		547,883
Total deposits	979,052		971,433
Short-term borrowings	1,589		1,457
Federal Home Loan Bank advances	42,504		42,505
Junior subordinated debentures	20,620		20,620
Accrued interest payable	1,951		2,074
Accrued taxes, expenses and other liabilities	7,666		7,279
Total Liabilities	1,053,382		1,045,368
Shareholders' Equity
Preferred Shares, Series A Voting, no par value, authorized 750,000 shares, none issued at March 31, 2010 and December 31, 2009.	-		-
Preferred stock, Series B, no par value, 25,233 shares authorized and issued at March 31, 2010 and December 31, 2009.	25,223		25,223
Discount on Series B preferred stock	(127	)	(131	)
Warrant to purchase common stock	146		146
Common stock, par value $1 per share, authorized 15,000,000 shares, issued shares 7,691,355 at March 31, 2010 and 7,623,857 at December 31, 2009.	7,691		7,624
Additional paid-in capital	37,808		37,862
Retained earnings	37,821		36,883
Accumulated other comprehensive income	2,911		2,626
Treasury shares at cost, 328,194 shares at March 31, 2010 and at December 31, 2009	(6,092	)	(6,092	)
Total Shareholders' Equity	105,381		104,141
Total Liabilities and Shareholders' Equity	$ 1,158,763		$ 1,149,509

Consolidated Statements of Income (unaudited)
	Three Months Ended March 31,
	2010		2009
	(Dollars in thousands except share and per share amounts)
Interest Income
Loans	$ 10,792		$ 11,611
Securities:
U.S. Government agencies and corporations	2,136		2,475
State and political subdivisions	246		233
Trading securities	49		127
Other debt and equity securities	61		63
Federal funds sold and short-term investments	9		14
Total interest income	13,293		14,523
Interest Expense
Deposits	2,980		4,902
Federal Home Loan Bank advances	318		432
Short-term borrowings	1		36
Junior subordinated debenture	215		255
Total interest expense	3,514		5,625
Net Interest Income	9,779		8,898
Provision for Loan Losses	2,109		1,809
Net interest income after provision for loan losses	7,670		7,089
Noninterest Income
Investment and trust services	445		350
Deposit service charges	939		1,026
Other service charges and fees	794		637
Income from bank owned life insurance	171		162
Other income	93		83
Total fees and other income	2,442		2,258
Securities gains, net	38		337
Gains on sale of loans	192		254
Gains (loss) on sale of other assets, net	(21	)	8
Total noninterest income	2,651		2,857
Noninterest Expense
Salaries and employee benefits	3,918		3,718
Furniture and equipment	933		1,142
Net occupancy	615		644
Outside services	553		555
Marketing and public relations	246		244
Supplies, postage and freight	342		334
Telecommunications	212		203
Ohio Franchise tax	281		232
FDIC assessments	528		313
Other real estate owned	81		71
Electronic banking expenses	184		189
Loan and collection expense	323		210
Other expense	477		505
Total noninterest expense	8,693		8,360
Income before income tax expense	1,628		1,586
Income tax expense	297		269
Net Income	$ 1,331		$ 1,317
Dividends and accretion on preferred stock	319		299
Net Income Available to Common Shareholders	$ 1,012		$ 1,018
Net Income Per Common Share
Basic	$ 0.14		$ 0.14
Diluted	0.14		0.14
Dividends declared	0.01		0.09
Average Common Shares Outstanding
Basic	7,322,662		7,295,663
Diluted	7,322,662		7,295,663

LNB Bancorp, Inc.
Supplemental Financial Information
(Unaudited - Dollars in thousands except Share and Per Share Data)
	Three Months Ended
	March 31,		March 31,		December 31,
	2010		2009		2009
END OF PERIOD BALANCES
Assets	$ 1,158,763		$ 1,188,335		$ 1,149,509
Deposits	979,053		978,120		971,433
Portfolio loans	792,585		802,267		803,197
Allowance for loan losses	19,183		11,575		18,792
Shareholders' equity	105,381		108,108		104,141
AVERAGE BALANCES
Assets:
Total assets	$ 1,160,455		$ 1,169,895		$ 1,156,506
Earning assets	1,088,093		1,099,313		1,097,052
Securities	288,997		291,624		263,855
Total loans	799,096		807,689		814,522
Liabilities and shareholders' equity:
Total deposits	$ 979,643		$ 949,825		$ 974,780
Interest bearing deposits	868,392		859,370		861,795
Interest bearing liabilities	934,908		961,018		926,948
Total shareholders' equity	105,026		107,705		105,334
INCOME STATEMENT
Net interest income	$ 9,779		$ 8,898		$ 10,112
Net interest income-FTE (1)	9,904		9,019		10,240
Provision for loan losses	2,109		1,809		3,657
Noninterest income	2,651		2,857		2,731
Noninterest expense	8,693		8,360		8,753
Taxes	297		269		(109	)
Net income	1,331		1,317		542
Less Preferred stock dividend and amortization	319		299		319
Net income available to common shareholders	1,012		1,018		223
PER SHARE DATA
Basic net income per common share	$ 0.14		$ 0.14		$ 0.03
Diluted net income per common share	0.14		0.14		0.03
Cash dividends per common share	0.01		0.09		0.01
Basic average common shares outstanding	7,322,662		7,295,663		7,295,663
Diluted average common shares outstanding	7,322,662		7,295,663		7,295,797
KEY RATIOS
Return on average assets (2)	0.47	%	0.46	%	0.19	%
Return on average common equity (2)	5.14	%	4.96	%	2.04	%
Efficiency ratio	69.24	%	70.39	%	67.48	%
Noninterest expense to average assets (2)	3.04	%	2.90	%	3.00	%
Average equity to average assets	9.05	%	9.21	%	9.11	%
Net interest margin	3.64	%	3.28	%	3.66	%
Net interest margin (FTE) (1)	3.69	%	3.33	%	3.70	%
ASSET QUALITY
Nonperforming loans	$ 42,907		$ 21,301		$ 38,837
Other real estate owned	1,467		1,468		1,264
Total nonperforming assets	44,374		22,769		40,101
Net Charge Offs	1,718		1,886		7,421
Total nonperforming loans to total loans	5.41	%	2.66	%	4.84	%
Total nonperforming assets to total assets	3.83	%	1.92	%	3.49	%
Net charge-offs to average loans (2)	0.87	%	0.95	%	3.61	%
Allowance for loan losses	2.42	%	1.44	%	2.34	%
Allowance to nonperforming loans	44.71	%	54.34	%	48.39	%
(1) FTE -- fully tax equivalent at 34% tax rate
(2) Annualized

Reconciliation of Pre-Provision Core Earnings*
	Three Months Ended March 31,
	2010	2009
Pre-provision Core Earnings*	$ 3,737	$ 3,395
Provision for Loan Losses	2,109	1,809
Income before income tax expense	$ 1,628	$ 1,586
* Pre-provision core earnings is a non-GAAP financial measure that the Company’s management believes is useful in analyzing the Company’s underlying performance trends, particularly in periods of economic stress.
Pre-provision core earnings is defined as income before income tax expense, adjusted to exclude the impact of provision for loan losses.

CONTACT:
For LNB Bancorp, Inc.
W. John Fuller, 216-978-7643

EX-99.2

Exhibit 99.2

LNB Bancorp, Inc. Declares Quarterly Dividend on Series B Preferred Shares

LORAIN, Ohio--(BUSINESS WIRE)--April 27, 2010--The Board of Directors of LNB Bancorp, Inc. (NASDAQ: LNBB) has declared a cash dividend of $12.50 per share, or approximately $315,000, on LNB’s Fixed Rate Cumulative Perpetual Preferred Stock Series B , payable on May 17, 2010 to the shareholder of record as of May 7, 2010.

About LNB Bancorp, Inc.

LNB Bancorp, Inc. is a $1.2 billion bank holding company. Its major subsidiary, The Lorain National Bank, is a full-service commercial bank, specializing in commercial, personal banking services, residential mortgage lending and investment and trust services. The Lorain National Bank and Morgan Bank serve customers through 20 retail-banking locations and 27 ATMs in Lorain, eastern Erie, western Cuyahoga and Summit counties. North Coast Community Development Corporation is a wholly owned subsidiary of The Lorain National Bank. Brokerage services are provided by the bank through an agreement with Investment Centers of America. For more information about LNB Bancorp, Inc., and its related products and services or to view its filings with the Securities and Exchange Commission, visit us at http://www.4lnb.com.

CONTACT:
For LNB Bancorp, Inc.
W. John Fuller, 216-978-7643

EX-99.3

Exhibit 99.3

Annual Shareholders Meeting April 27, 2010 Large enough to serve, small enough to care. LNB Bancorp, Inc.

Forward Looking StatementsThis presentation contains forward-looking statements relating to the financial condition, results of operations and business of LNB Bancorp, Inc.  Actual results could differ materially from those indicated.  Among the important factors that could cause actual results to differ materially are interest rates, changes in the mix of the Company’s business, competitive pressures, general economic conditions and the risk factors detailed in the Company’s periodic reports and registration statements filed with the Securities and Exchange Commission.  LNB Bancorp, Inc. undertakes no obligation to release revisions to these forward-looking statements or reflect events or circumstances after the date of this presentation.

Today’s Discussion Economic Conditions 2009 Performance 2010 Priorities & Expectations First Quarter Results

4 Local Economy  Ohio unemployment rate reaches 11% in March  Unemployment US  9.7%  Ohio 11.0%  Lorain County 10.5%  (City of Lorain 11.7% ) Cuyahoga Co.  9.8% Erie Co. 12.9% Huron  Co. 16.8% Summit Co. 11.5%

Local Economy Other Placeholder: 5 Home Sales in Northeast Ohio March SalesCounty 2009 2010 Change Avg. Sales PriceLorain 178 154 -13.5% $130,924 +18.3%Summit 432 356 -17.6% $126,670 +35.4%Cuyahoga 845 821 - 2.8% $124,370 +36.8%Medina 77 146 +19.4% $185,825 +10.9%

Other Placeholder: 6 Good News! Lorain County foreclosure filings in the First Quarter of 2010 were down 9.7% from 2009. (622 in 2010 compared to 689 in 2009) Foreclosure FilingsCounty 2008 2009 % ChangeLorain 2,442 2,696 +10.4%Summit 4,113 4,633 +12.6%Erie 562 539 - 4.1%Cuyahoga 13,858 14,171 + 2.3%

Local EconomyOther Placeholder: 7  Personal Bankruptcies continue to increase 2009Lorain Co.  1,970  up 29%Cuyahoga Co.  8,364  up 14%

8 Banking Industry Turmoil- 2009 140 Bank Failures 702 “Problem” Institutions (Highest level since June 1993) 1,143 Formal Enforcement Actions Issued (New record)

Today’s Discussion Other Placeholder: 9   Economic Conditions 2009 Performance 2010 Priorities & Expectations First Quarter Results

10 LNB Financial Performance(2009 vs. 2008) Net Loans - 0.95% Total Deposits + 5.45% Net Interest Income +17.37% Non Interest Income - 4.04%($000s) 2008 2009Provision for Loan Loss $6,809 $19,017Net Income (loss) $3,396 ($2,001)

Proud to Lead Lorain County in Deposits #1 Lorain National Bank Member FDIC

12 Deposit Market Share(2009) Lorain County  #1 with 23.6% share  City of Lorain #1 with 41.8% share   Amherst  #1 with 29.4% share  Oberlin  #1 with 52.3% share  Vermilion #2 with 29.4% share Hudson  #1 with 22.1% shareSource: FDIC, June 30, 2009

Interest Income to Assets (2009) 4.93% 4.93% 4 00% 5.00% 6.00% 7.00% 0 00% 1.00% 2.00% 3.00% 4.00% 0.00% LNBB Peer Group* 13 *Peer Group includes all bank holding companies with assets between $1 billion and $3 billion. (BHCP Report)

Interest Expense to Assets (2009) 1.69% 1.70% 2.00% 2.50% 3.00% 0.50% 1.00% 1.50% 0.00% LNBB Peer Group 14

Net Interest Income to Assets (2009) 3.24% 3.22% 2 50% 3.00% 3.50% 4.00% 0 50% 1.00% 1.50% 2.00% 2.50% 0.00% 0.50% LNBB Peer Group 15

Non Income to Interest Assets (2009) 0.95% 0.93% 0 75% 1.00% 0.25% 0.50% 0.75% 0.00% LNB Peer Group 16

Non Interest Expenses to Assets (2009) 2.99% 3.16% 2.50% 3.00% 3.50% 0 50% 1.00% 1.50% 2.00% 0.00% 0.50% LNB Peer Group 17

Net Income to Assets (2009) 0.20% ‐0.10% 0.00% 0.10% LNBB Peer Group ‐0.17% ‐0.23% ‐0.40% ‐0.30% ‐0.20% Peer Group ‐0.50% 18

PPE= Pre Tax Pre Loan Loss Tax, Provision Earnings “PPE has emerged as the de facto barometer of normal earnings.” -American Banker, March 16, 2010 “ looking PPE “…at PPE, you’re looking at a bank’s ability to grow its earnings.” -Janice Cox, managing partner, Harris Financial Group “It shows the earning power…It’s all about looking forward.” -David Dietze, Chief Investment Strategist, 19 Point View Financial Services

Pre Provision Core Earnings* To Assets (2009) 1.26% 1.13% 1.50% 2.00% 0.50% 1.00% 0.00% LNBB Peer Group 20 *Pre Provision Core Earnings= Income before tax expense, adjusted to exclude the impact of the provision for loan losses.

Pre Provision Core Earnings* Milli Millions $ 2009 2008 $40.0 $50.0 $30.0 $14.3 $14.7 $10.3 $14.5 $10.0 $20.0 $4.1 $2.2 $3.6 $2.1 $‐ LNB Middlefield First Citizens Parkview 21 *Pre Provision Core Earnings= Income before tax expense, adjusted to exclude the impact of the provision for loan losses.

Credit Quality

Net Avg Loan Loss to Avg. Total Loans/Leases (2009) 1.47% 1.50% 1.32% 1.25% 1.00% LNBB Peer Group 23

30 non accrual to days delinquent + Total Loans (2009) 5.56% 4.78% 4 50% 6.00% 1.50% 3.00% 4.50% 0.00% LNBB Peer Group 24

Allowance for Loan Losses to Total Loans 2009 2.34% 1.45% 0 00 0 01 0 02 0 03 2008 0.00 0.01 0.02 0.03 25

Capital 26

Tier 1 Leverage Capital (2009) 10.00% 7.70% 8.60% 7.00% 8.50% 4.00% 5.50% “well capitalized” at 5% LNBB Peer Group

Total Capital (2009) 13 77% 15.00% 13.77% 13.16% 11 00% 12.00% 13.00% 14.00% 8.00% 9.00% 10.00% 11.00% “well capitalized” at 10% LNBB Peer Group 28

Liquidity 29

Non Core Funding Dependency (2009) 40.00% 19.96% 28.11% 20.00% 30.00% 0.00% 10.00% LNBB Peer Group 30

Today’s Discussion Today s Economic Conditions 2009 Performance 2010 Priorities & Expectations First Quarter Results 31

2010 Expectations Economic challenges persist Continued elevated reserves charge‐offs versus “normal” period Continue to lend 32

2010 Priorities Capital Liquidity Credit quality Core earnings (PPE) Enterprise risk management 33

Our Activities in the Community Lorain County Erie County Summit County  34

Our Activities in the Community Lorain County Second Harvest Food Drive Special Olympics Housing Fair at St Joseph’s St. Joseph s Elyria Festival of Lights Children Summer Food Program Girl Scouts of NEO Team Lorain County Easter Seals 90th Anniversary Walk 35

Our Activities in the Community Erie County Second Harvest Food Drive Festival of the Fish Vermilion Schools Vermilion Easter Egg Hunt Wooly Bear Festival Concerts the Park in   Vermilion YMCA

Our Activities in the Community  Hudson  Hudson Parent Teacher Org.  Hudson Community Foundation  Seaton Catholic School  Hudson High School  Hudson Rotary  Hudson Little League Baseball 37

Today’s Discussion Today s  Economic Conditions 2009 Performance 2010 Priorities & Expectations First Quarter Results 38

2010R l First Quarter 2010 Results ($000s) 3/31/2010 3/31/2009 Net Income $1,333 $1,317 + 1.2% Pre Provision Earnings $3,737 $3,396 +10.0% Margin 3 69% 3 40% 3.69% 3.40% Loan Loss Provision $2,100 $1,800 39

Summary Continuing to manage through a difficult economic environment Focus on: Capital Liquidity Customers Community Involvement Core Earnings Growth Credit Quality / Risk Management Objective: Emerge from the economic crisis as a solid financial institution with a strong core earnings base and significant growth potential. 40

LNB Bancorp, Inc. Lorain National Bank Member FDIC MorganBank Simply More Questions?