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The Chronicle Telegram in Elyria, Ohio

28 Apr 2010

Page 4

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Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Apr 28, 2010

Page

4

Lorain National Bank reports solid quarterly gains

Lorain National Bank and its parent LNB Bancorp released a positive quarterly report. Net interest income rose 9.8 percent and the net interest margin climbed from 3.33 to 3.69 percent. Deposits grew modestly as the board declared a $12.50 per share dividend on preferred stock series B payable May 17, 2010 to holders of record May 7, 2010.

MENTIONED IN THIS ARTICLE

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Confidence grows in economy shows demand rebound

The Consumer Confidence Index rose to 57.9 in April from 52.3 in March signaling stronger sentiment. Strength in earnings from Whirlpool and UPS and improving job mood buoy optimism, while housing remains a fragile factor ahead of rebate expirations.

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New York U.S Conference Board Thomson Reuters
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