On November 29, 2023, Eagle Financial Bancorp, Inc., Cincinnati, Ohio, announced the signing of a merger agreement with LCNB Corp., Lebanon, Ohio, pursuant to which Eagle Financial Bancorp will merge with and into LCNB Corp. in a stock-and-cash transaction valued at approximately $23.1 million.  As part of the transaction, EAGLE.bank will merge with and into LCNB National Bank.

Eagle Financial Bancorp is the holding company for EAGLE.bank and has approximately $175.8 million in total assets.

LCNB Corp. is the holding company for LCNB National Bank and has approximately $2.0 billion in total assets.

Luse Gorman is serving as legal counsel to Eagle Financial Bancorp in the transaction.  The Luse Gorman team consists of Kip Weissman, Victor Cangelosi and Max Seltzer.

Luse Gorman has acted as counsel on more than 100 bank M&A transactions during the past five years and more bank M&A transactions than any other law firm in the nation over the past 20 years. To learn more about our mergers and acquisitions practice, please visit our website.