LNB Bancorp, Inc. Declares Fourth Quarter Dividend.LORAIN, Ohio Lorain is a city in Lorain County, Ohio, United States. The municipality is located in northeastern Ohio on Lake Erie, at the mouth of the Black River, west of Cleveland. As of the 2000 Census, the city had a total population of 68,652 making it Ohio's 10th largest city. -- LNB LNB Low Noise Block LNB Laredo National Bank (Texas) LNB Low Noise Block downconverter (satellite television) LNB Low NOx Burner LNB Lubbock National Bank (Texas) Bancorp, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :LNBB) has announced that its Board of Directors has declared a fourth-quarter cash dividend of $0.18 per share, payable on January 1, 2007 to shareholders of record on December 18, 2006. About LNB Bancorp, Inc. LNB Bancorp, Inc. is an $831.5 million financial holding company. Its major subsidiary, The Lorain National Bank The Lorain National Bank is a full service bank headquartered in Lorain, Ohio. As of 2002 the bank had total assets of $691 Million US Dollars and today has twenty branches and 24 ATMs [1] [2]. , is a full-service commercial bank, specializing in commercial, personal banking services, residential mortgage lending and investment and trust services. Lorain National Bank serves customers through 21 retail-banking locations and 25 ATMs in Lorain, eastern Erie and western Cuyahoga counties. North Coast Community Development Corporation is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of The Lorain National Bank. Brokerage services are provided by the bank through an agreement with Investment Centers of America. For more information about LNB Bancorp, Inc., and its related products and services or to view its filings with the Securities and Exchange Commission, visit us at http://www.4lnb.com. |
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