Announced
Completed
Financials
Tags
Friendly
Single Bidder
Banks
Acquisition
Public
Majority
Domestic
bank
United States
Completed
Synopsis
LCNB, a financial holding company, completed the acquisition of Eagle Financial, a bank. Financial terms were not disclosed. “We are excited to complete the Eagle transaction following the November 2023 acquisition of Cincinnati Federal. As a result of these two transactions, LCNB has created a premier community banking institution across attractive Southwestern Ohio and Northern Kentucky markets. We are proud to bring LCNB’s community-focused financial products and resources, including trust and wealth management solutions, to more customers in the greater-Cincinnati region. Eagle operated from three locations, had approximately $137m in deposits and approximately $141m in total loans. On behalf of everyone at the Bank, I want to welcome Eagle’s customers, employees, and shareholders to LCNB,” Eric Meilstrup, LCNB President and CEO.
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