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Regional Midwest Banks

LNB Bancorp Inc. (LNBB) is a bank holding company headquartered in Columbus, Ohio. As of my knowledge up to 2021, LNB Bancorp operates through its subsidiary, Lorain National Bank, which provides a range of commercial and retail banking services to customers in northern Ohio.

Now, let's discuss some key aspects of LNBB:

1. Earnings:

LNB Bancorp has consistently reported positive earnings over the past few years. For the full year 2020, LNBB reported net income of $19.9 million, or $1.71 per diluted share, compared to $18.2 million, or $1.58 per diluted share, in 2019. This represents a year-over-year increase of 9.3% in net income and 7.6% in earnings per share.

2. Revenue Growth:

Revenue growth has been relatively stable for LNBB. Total revenue for 2020 was $99.3 million, compared to $93.6 million in 2019, representing a year-over-year increase of 6.1%.

3. Dividends:

LNB Bancorp has a history of paying consistent dividends to its shareholders. As of 2021, the company pays a quarterly dividend of $0.17 per share, yielding approximately 2.1% based on the stock price at the time.

4. Market Capitalization:

As of 2021, LNB Bancorp's market capitalization was around $215 million, making it a small-cap company relative to other banks and financial institutions listed on major US stock exchanges.

5. Key Ratios:

LNBB has maintained a strong balance sheet with a loan-to-deposit ratio of approximately 80% and a non-performing loan ratio of less than 0.5%, as of 2020. Moreover, the company's total capital ratio stood at around 12.5%, which is well above the regulatory requirement.

In summary, LNB Bancorp has demonstrated consistent earnings growth, stable revenue, and a strong balance sheet. The company pays a consistent dividend and operates in a relatively stable region within the US banking industry. As a small-cap bank stock, LNBB may be of interest to investors seeking exposure to the financial sector, with a focus on regional banks. However, potential investors should conduct their due diligence and consult with a financial advisor before making investment decisions.

Please note that the information presented is based on the available data up to 2021, and it's always recommended to check the latest financial reports and market data for updated information.