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Exhibit 99.1 Press Release LCNB CORP . Two North Broadway Lebanon , Ohio 45036 Company Contact : Eric J. Meilstrup President and Chief Executive Officer LCNB National Bank ( 513 ) 932-1414 shareholderrelations@lcnb.com Investor and Media Contact : Andrew M. Berger Managing Director SM Berger & Company , Inc. ( 216 ) 464-6400 . andrew@smberger.com LCNB CORP . REPORTS RECORD FINANCIAL RESULTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30 , 2021 LCNB Wealth Assets Up 30.5 % Year - over - year to a Record $ 1.03 Billion Total Assets Managed¹ 13.5 % Higher Year - over - year to a Record $ 3.13 Billion Third Quarter Diluted Earnings Per Share Increased 18.2 % Year - over - Year to $ 0.39 Per Share LEBANON , Ohio -- LCNB Corp. ( " LCNB " ) ( NASDAQ : LCNB ) today announced financial results for the three and nine months ended September 30 , 2021 . Commenting on the financial results , LCNB President and Chief Executive Officer Eric Meilstrup said , “ LCNB achieved strong third quarter earnings , driven by sustained growth in LCNB Wealth assets , an increase in total earning assets , and sustained strong asset quality . Growing assets under management , actively controlling risk , and diversifying our revenue streams have positioned LCNB to effectively navigate the current low - rate environment . Fee income generated from the Paycheck Protection Program ( “ PPP ” ) also contributed $ 492,000 to our third quarter earnings . PPP loans continue to wind down and our loan portfolio included $ 12,971,000 of PPP loans at September 30 , 2021. We were able to help a significant number of companies get through the pandemic with PPP loans and we believe that we have strengthened and created numerous opportunities for new client relationships in the process . In addition , for the first nine months of 2021 , fiduciary income grew 38.6 % over the prior year period to $ 4,959,000 . " Mr. Meilstrup continued , “ Net loans at September 30 , 2021 are up compared to June 30 , 2021 , despite an additional $ 10,849,000 of PPP loans forgiven during the third quarter , which reflects our unceasing commitment to a strong local presence and the value we provide customers within our compelling Ohio markets . Competition for loans remains high in the current environment , however our approach to risk and pricing of loans has been consistent , leading to strong asset quality . At September 30 , 2021 , non - performing loans totaled $ 2,642,000 , a $ 1,562,000 or 37.2 % decrease from September 30 , 2020 , and net charge - offs remain limited . Our prudent capital management approach supports our proactive share repurchase program . During the third quarter our board demonstrated its belief that our shares are undervalued as we repurchased 206,768 shares of our common stock . Year - to - date we have repurchased 468,072 shares at an average cost of $ 16.82 per share . ” 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 .