SEC Filing Summary: LCNB CORP (Form 13F)
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by LCNB CORP. The document discloses the company's equity holdings as of the reporting period ending June 30, 2026. As a Form 13F, this filing details the securities held by the investment manager rather than the operating financial performance of LCNB Corp itself.
Key Financial Metrics and Portfolio Composition
The filing provides a granular list of equity positions, including common stocks and exchange-traded funds (ETFs). Key portfolio characteristics include:
- Top Holdings by Share Count: The portfolio is heavily weighted toward large-cap technology and diversified ETFs. Notable positions include Apple Inc. (33,222 shares), Alphabet Inc. (combined ~41,315 shares), Microsoft Corp. (25,008 shares), and Nvidia Corp. (33,484 shares).
- Significant ETF Exposure: The portfolio holds substantial positions in broad market and sector ETFs, including Schwab US Large Cap Value ETF (641,729 shares), Schwab US Large Cap Growth ETF (632,901 shares), and iShares Inc. TR Core MSCI EAFE ETF (255,285 shares).
- Self-Holding: LCNB Corp holds a significant position in its own common stock, reporting 230,123 shares under "Sole" voting authority and 275,840 shares under "Other" voting authority.
- Voting Authority: The majority of holdings are reported with "Sole" voting authority. Several positions, such as Abbott Laboratories and Alphabet Inc., show split voting authority between "Sole" and "Shared."
Material Changes and Comparisons
The filing text does not provide a clear value for material changes versus the prior comparable period. Form 13F filings are point-in-time snapshots of holdings and do not inherently contain comparative data or percentage changes from the previous quarter within the text provided.
Guidance, Outlook, and Risks
The filing text does not provide a clear value regarding management guidance, future outlook, specific risks, or contingencies. This document is a regulatory disclosure of current asset ownership and does not contain narrative commentary on market conditions or strategic direction.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by applying current market prices to the share counts listed, as the filing only provides share quantities and CUSIPs.
- Confirm the distinction between "Sole," "Shared," and "None" voting authority to understand the extent of LCNB Corp's active influence on the listed companies.
- Review the "Other" voting authority holdings (e.g., the 275,840 shares of LCNB Corp stock) to determine if these represent treasury stock, employee benefit plans, or other non-trading accounts.
- Assess the concentration risk in the top 10 holdings, which appear to be dominated by mega-cap technology firms and broad market ETFs.