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Press Release LCNB CORP . Two North Broadway Lebanon , Ohio 45036 Company Contact : Eric J. Meilstrup President Chief Executive Officer LCNB National Bank ( 513 ) 932-1414 emeilstrup@lcnb.com Investor and Media Contact : Andrew M. Berger Managing Director SM Berger & Company , Inc. ( 216 ) 464-6400 . andrew@smberger.com Exhibit 99.1 LCNB CORP . REPORTS RECORD FINANCIAL RESULTS FOR THE THREE AND SIX MONTHS ENDED JUNE 30 , 2021 LCNB Wealth Assets Up 31.8 % Year - over - year to a Record $ 1.02 Billion Total Assets Managed¹ 13.1 % Higher Year - over - Year to a Record $ 3.08 Billion Second Quarter Diluted Earnings Per Share Increased 5.1 % Year - over - year to a Second Quarter Record of $ 0.41 LEBANON , Ohio -- LCNB Corp. ( " LCNB " ) ( NASDAQ : LCNB ) today announced financial results for the three and six months ended June 30 , 2021 . Commenting on the financial results , LCNB President and Chief Executive Officer Eric Meilstrup said , “ LCNB achieved record second quarter earnings , driven by continued growth in total assets managed and strong asset quality . Growing assets , controlling risk , and diversifying revenue has helped LCNB successfully navigate the current low interest rate environment . Fee income generated from the Paycheck Protection Program ( " PPP ” ) also contributed $ 402,000 to our record second quarter earnings as we processed $ 10.4 million of loan forgiveness under the program during the quarter . PPP loans continue to wind down and our loan portfolio included $ 23.8 million of PPP loans at June 30 , 2021. In addition , we continue to benefit from robust fiduciary income associated with our rapidly growing wealth management business and , for the second quarter 2021 , fiduciary income increased 44.5 % over the prior year period to a quarterly record of $ 1.7 million . " Mr. Meilstrup continued , " Average net loans are up both sequentially and year - over - year , despite the $ 46 million of PPP loans forgiven over the past 12 months , which is a testament to our local presence and the value we provide customers within our compelling Ohio markets . In addition , while the competition for loans is high , we remain disciplined with our approach to risk and pricing of loans . As a result , our asset quality is robust as total non- performing loans are in line with pre - pandemic levels and net charge - offs continue to be limited . At June 30 , 2021 , we only had one $ 10.4 million relationship still in a COVID - 19 deferral status , which is a 97.3 % decline from the balance of COVID - 19 deferrals at June 30 , 2020 . 1 Total Assets Managed includes LCNB Corp. Consolidated Assets , LCNB Wealth Management Assets ( Trust and Investments and Brokerage accounts ) , Loans Serviced for Others , and Cash Management Services .