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News & Articles

At LNB, we value our customers and want to keep you up-to-date on everything that is happening at our various hometown offices! Check out our articles and news to learn all about what's new with us.

Lyons Bancorp Earnings Continue at Record Pace

Published January 31, 2020 322 Views

For the 23rd consecutive year, Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, reported record earnings. The Company's 2019 operating earnings per common share were $3.22, a 6.3% increase over the $3.03 per share it earned in 2018. The Company sadly recognized one-tim...

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LNB Breaks Ground on New Farmington Location

Published December 11, 2019 347 Views

LNB (The Lyons National Bank) is excited to announce that it has officially broken ground on its new Farmington location---LNB's third in Ontario County, sixteenth total. "LNB has been doing business in Farmington for years, and we're excited to bring a full-service office to the community," said Th...

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Lyons Bancorp Declares Stock Dividends

Published November 21, 2019 368 Views

At its recent meeting, the Board of Directors of Lyons Bancorp, Inc., a financial holding company and the parent of The Lyons National Bank, declared the Company's quarterly cash dividend on both its preferred and common stock. The Bank's Board declared the regular quarterly dividend on the Company'...

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Lyons Bancorp Reports 12% Increase in Earnings

Published October 15, 2019 297 Views

Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, reported that net after-tax income for the first nine months of 2019 was $7.8 million, an increase of almost 12% over the same period in 2018. On a per share basis, earnings were $2.35 fully diluted versus $2.10 last yea...

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Remembering Our Friend and Teammate, Phillip McCann

Published September 25, 2019 323 Views

With heavy hearts, we announce the sudden passing on Saturday, September 21, 2019, of our dear friend and colleague, Phil McCann. Phil joined The Lyons National Bank (LNB) in June of 2009 and served as Executive Vice President and Chief Risk Officer. In his decade of service with LNB, Phil was respo...

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FINANCIAL ADVISOR KIM EMPERATO CHAMPIONS TECHNOLOGY ADOPTION AT NATIONAL INDUSTRY CONFERENCE

Published September 6, 2019 400 Views

Auburn, New York --- August 26, 2019 --- Kim Emperato, CRPC® of LNB Financial Services located at The Lyons National Bank, recently attended LPL Financial's Focus 2019 conference, one of the financial advice industry's premier events and the largest annual conference hosted by LPL. During the confer...

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Lyons Bancorp Increases Common Stock Dividends

Published August 21, 2019 346 Views

At its recent meeting, the Board of Directors of Lyons Bancorp, Inc., a financial holding company and the parent of The Lyons National Bank, approved an increase in the Company's annual common stock cash dividend to $1.24 from $1.20. This is the 22nd consecutive year that the Bank's common stock div...

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Lyons Bancorp Reports 16% Increase in Earnings

Published July 3, 2019 323 Views

Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, reported net after-tax income for the first six months of 2019 was $5.1 million, an increase of 16% over the same period in 2018. On a per share basis, earnings were $1.54 fully diluted versus $1.33 last year. On a year...

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LNB Earns National Recognition for Providing Mortgages for Low-to-Moderate Income Home Buyers; Congratulations to our Loan Officers for Home Possible Excellence

Published June 14, 2019 386 Views

Geneva, NY, June 14, 2019 -- Freddie Mac (OTCQB: FMCC) recently announced the winners of its Home Possible RISE AwardsSM. The annual program, RISE (Recognizing Individuals for Sustained Excellence), salutes Freddie Mac's top clients across multiple categories for excellence with Home Possible® mortg...

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NOEL JOINS LNB’S CLYDE BRANCH

Published April 16, 2019 394 Views

The Lyons National Bank (LNB) is pleased to announce the appointment of Greg Noel as its branch manager for the Clyde office located on 4 Williams Street.A resident of the Finger Lakes, Noel joins the office with 15 years of banking experience, most recently serving as the branch manager of Key Bank...

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Lyons Bancorp Reports 15% Increase in Earnings

Published April 10, 2019 342 Views

Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, reported a 15% increase in first quarter 2019 net after-tax income as compared to the same period in 2018. For the first three months, the Bank earned $2.48 million or $0.75 per diluted share, compared to $2.16 million...

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David J. DeRaddo Earns Chartered Financial Consultant (ChFC®) Designation, Financial Planning’s Highest Standard

Published April 10, 2019 397 Views

David J. DeRaddo, CFP®, has earned the Chartered Financial Consultant (ChFC®) professional designation from the American College of Financial Services, Bryn Mawr, PA. Candidates for the ChFC® designation must complete a minimum of eight college-level courses and fulfill stringent experience and eth...

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PORTER JOINS AUBURN GRANT AVE BRANCH

Published March 21, 2019 364 Views

LYONS, NY: The Lyons National Bank (LNB) recently welcomed Callie M. Porter to its Auburn Grant Ave office customer support team.As a customer service representative, Porter will be responsible for exceeding the expectations of our customers by providing outstanding service and supporting the sales...

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Lyons Bancorp among the 50 Best Performing Companies on the OTCQX Market

Published March 18, 2019 309 Views

Officials from the Over-the-Counter Quality Markets (OTCQX) reported that for 2018 Lyons Bancorp, Inc. a financial holding company and parent of The Lyons National Bank was among the 50 best performing companies listed on the exchange based on total return and growth in average daily volume. "Inclus...

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Lyons Bancorp Declares Preferred and Common Stock Dividends

Published March 6, 2019 345 Views

At its recent meeting, the Board of Directors of Lyons Bancorp, Inc., a financial holding company and the parent of The Lyons National Bank, declared its quarterly dividend on both its convertible preferred and common stock. The dividend on its 5% convertible preferred will be paid on March 15, 2019...

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Lyons Bancorp Reports 25% Increase in Annual Earnings

Published February 5, 2019 304 Views

For the 22nd consecutive year, Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, reported higher net after-tax income. For 2018, the Bank earned $9.9 million, an increase from $7.8 million it earned in 2017. On a per common share fully diluted basis, 2018 earnings wer...

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Bartolotta Appointed to Lyons Bancorp Board

Published February 1, 2019 353 Views

The Board of Directors of Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, appointed Joseph P. Bartolotta, Esq. as its newest director at their November meeting. Along with serving on the board of the holding company, Bartolotta is also a director of The Lyons National...

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Colaruotolo Appointed to Lyons Bancorp Board

Published October 29, 2018 303 Views

The Board of Directors of Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, appointed John A. Colaruotolo as its newest director at their October meeting. Along with serving on the board of the holding company, Colaruotolo is also a director of The Lyons National Bank a...

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Lyons Bancorp’s Success Attributed to WOW! Culture

Published October 12, 2018 294 Views

"A multi-decade string of strong annual financial results of Lyons Bancorp, Inc. can be traced directly to the WOW! culture of its bank subsidiary, The Lyons National Bank (LNB)," said Robert Schick, CEO and Chairman of the Board at LNB. "Its culture is one that rivets each employee to an unwavering...

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Lyons Bancorp Reports 17% Increase in Third Quarter Earnings

Published October 12, 2018 400 Views

Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, reported a 17% increase in 3rd quarter 2018 earnings as compared to the same period in 2017. On a per share basis, the Company earned $0.77, fully diluted, versus $0.66 per common share last year. As a result, for the fi...

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Lyons Bancorp Raises Dividend

Published August 22, 2018 291 Views

The Board of Directors of Lyons Bancorp, Inc., the parent company of The Lyons National Bank, raised the Company's quarterly common stock cash dividend to $0.30 from $0.27 per share. This dividend will be paid on October 15, 2018, to common stock shareholders of record on the Company's books at the...

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Lyons Bancorp to Trade on the OTCQX® Best Market

Published August 16, 2018 320 Views

Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, has qualified to trade on the OTCQX® Best Market. Lyons Bancorp upgraded to OTCQX from the Pink® market. Effective Wednesday, August 15, Lyons Bancorp will trade on the OTCQX under the symbol "LYBC." U.S. investors can...

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Over $10K Awarded in LNB’s Bonus Bucks Program

Published May 30, 2018 327 Views

As part of LNB's entry into Cayuga County, the Bank outreached to local merchants to join their Bonus Bucks Program. Nearly 60 merchants participated in the Bank's celebration of the community by accepting Bonus Bucks certificates at their businesses. LNB awarded over $10,000 in certificates to luc...

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DONNA J. JOHNSON EARNS RETIREMENT INCOME CERTIFIED PROFESSIONAL® (RICP®) DESIGNATION

Published May 1, 2018 360 Views

Ontario, New York -- May 1, 2018 -- Donna J. Johnson, CFP®, The Lyons National Bank has earned the Retirement Income Certified Professional® (RICP®) professional designation from The American College of Financial Services, Bryn Mawr, PA. Candidates for the RICP® designation must complete a minimum o...

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Lyons Bancorp Reports 14% Increase in Earnings

Published April 9, 2018 342 Views

Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, reported that net after-tax income for the first quarter of 2018 was $2.16 million, an increase of 14% over the same period in 2017. On a per share basis, earnings were $0.65 fully diluted versus $0.57 last year. Year-...

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Lyons Bancorp, Inc. Declares Preferred and Common Stock Dividends

Published March 1, 2018 325 Views

At its recent meeting, the Board of Directors of Lyons Bancorp, Inc., a financial holding company and the parent of The Lyons National Bank, declared its quarterly dividend on both its convertible preferred and common stock. The dividend on its 5% convertible preferred stock will be paid on March 15...

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LNB Announces Grand Opening Event

Published February 13, 2018 312 Views

LNB (The Lyons National Bank) has announced the opening of its second full-service branch in Cayuga County. The grand opening event will take place at 311 Grant Avenue Rd. on Saturday, February 17 from 9:00 a.m. to 2:00 p.m."We want to show our appreciation and commitment to Cayuga County by invitin...

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Lyons Bancorp Appoints New Director and Readies Multifaceted Plan to Invest Tax Savings

Published January 30, 2018 370 Views

Lyons Bancorp Appoints New Director and Readies Multifaceted Plan to Invest Tax Savings The Board of Directors of Lyons Bancorp, Inc., the financial holding company for The Lyons National Bank, appointed Teresa Jackson as its newest director. Along with serving on the board of the holding company, J...

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Lyons Bancorp, Inc. Declares Second Dividend Increase in 2017

Published November 27, 2017 333 Views

At its recent meeting held on November 21, 2017, the Board of Directors of Lyons Bancorp, Inc., a financial holding company and the parent of The Lyons National Bank, increased the institution's quarterly dividend to $0.27 per common share - $1.08 annualized. This is the second time this year the Bo...

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Lyons Realty Associates Corporation Declares Annual Dividend

Published November 27, 2017 373 Views

At its recent meeting held on November 21, 2017, the Board of Directors of Lyons Realty Associates Corp., the real estate investment trust (REIT) of The Lyons National Bank, declared its annual 8.50% preferred stock dividend. The dividend will be paid on December 29, 2017, to all shareholders of rec...

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