LCNB Corp. announced unaudited earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported net interest income of $6,477,000 against $6,439,000 a year ago. Income before income taxes was $2,524,000 against $3,126,000 a year ago. Net income from continuing operations was $1,954,000, or $0.29 per basic share against net income from continuing operations of $2,357,000, or $0.35 per basic share a year ago. Return on average assets was 0.97% against 1.23% a year ago. Return on average equity was 9.94% against 13.09% a year ago. Book value per share was $11.63 against $10.57 a year ago. Net interest income increased due to in average interest earning assets, partially offset by a decrease in the net interest margin. For the year, the company reported net interest income of $25,706,000 against $25,697,000 a year ago. Income before income taxes was $9,532,000 against $11,627,000 a year ago. Net income from continuing operations was $7,322,000, or $1.09 per basic share against net income from continuing operations of $9,133,000, or $1.37 per basic share a year ago. Return on average assets was 1.02% against 1.22% a year ago. Return on average equity was 10.89% against 13.36% a year ago. Net interest income increased due to in average interest earning assets, partially offset by a decrease in the net interest margin.