LCNB Corp. Acquires Eagle Financial Bancorp, Inc.

LCNB Corp. (the holding company for LCNB National Bank) agreed to acquire Eagle Financial Bancorp, Inc. (the holding company for EAGLE.bank) in a stock-and-cash merger that will expand LCNB's presence in the Cincinnati market. EFBI operates three full-service banking offices and reported $175.8 million in assets and $135.0 million in deposits as of September 30, 2023; the deal is expected to close in Q2 2024 and to be accretive to earnings with a tangible book value earn-back of approximately 2.1 years.