M&A Deal Summary

LCNB National Bank Acquires Columbus First Bancorp.

On December 21, 2017, LCNB National Bank acquired financial services company Columbus First Bancorp. for 67M USD

Acquisition Highlights
  • This is LCNB National Bank’s 1st transaction in the Financial Services sector.
  • This is LCNB National Bank’s largest (disclosed) transaction.
  • This is LCNB National Bank’s 1st transaction in the United States.
  • This is LCNB National Bank’s 1st transaction in Ohio.

M&A Deal Summary
Date 2017-12-21
Target Columbus First Bancorp.
Sector Financial Services
Buyer(s) LCNB National Bank
Deal Type Add-on Acquisition
Deal Value 67M USD
Advisor(s) Boenning & Scattergood, Inc. (Financial)
Vorys, Sater, Seymour and Pease (Legal)

Target

Columbus First Bancorp.

Worthington, Ohio, United States
Columbus First Bancorp., Inc. is a bank holding company headquartered in Worthington, Ohio and is the parent company of Columbus First Bank. Columbus First Bank operates from its branch and facility in Worthington, Ohio.

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Buyer(S) 1

Buyer

LCNB National Bank

Lebanon, Ohio, United States
Category Company
Founded 1877
Sector Financial Services
Employees345
Revenue 68M USD (2023)
DESCRIPTION

LCNB National Bank is a financial holding company headquartered in Lebanon, Ohio. Through its subsidiary, LCNB National Bank (the “Bank”), LCNB is engaged in the commercial banking business. The Bank operates 34 full-service bank branches and 38 ATMs in 10 Ohio counties, offering a complete line of banking and trust services. The Bank also operates a loan production office in Columbus, Ohio. LCNB National Bank was founded in 1877 and is based in Lebanon, Ohio.

DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Ohio) 1 of 2
Country (United States) 1 of 2
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-29 Eagle

Cincinnati, Ohio, United States

Eagle is a state-chartered bank operating under a universal bank charter election in accordance with applicable Ohio law. Formed in 1882, It provides financial services primarily to individuals, families, and businesses through its main office and two branch offices located in Hamilton County, Ohio.

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