LNB Bancorp, Inc. Declares Quarterly Dividend on Series B Preferred Shares

• Press Release
• Source: LNB Bancorp, Inc.
• On 1:35 pm EDT, Tuesday October 27, 2009

LORAIN, Ohio--(BUSINESS WIRE)--The Board of Directors of LNB Bancorp, Inc. (NASDAQ: LNBB - News) today declared a cash dividend of $12.50 per share, or approximately $315,000, on LNB’s Fixed Rate Cumulative Perpetual Preferred Stock Series B, payable on November 16, 2009 to the shareholder of record as of November 6, 2009.

Related Quotes

Symbol	Price	Change
LNBB	4.30	0.00

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About LNB Bancorp, Inc.

LNB Bancorp, Inc. is a $1.2 billion bank holding company. Its major subsidiary, The Lorain National Bank, is a full-service commercial bank, specializing in commercial, personal banking services, residential mortgage lending and investment and trust services. The Lorain National Bank and Morgan Bank serve customers through 21 retail-banking locations and 28 ATMs in Lorain, eastern Erie, western Cuyahoga and Summit counties. North Coast Community Development Corporation is a wholly owned subsidiary 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

For LNB Bancorp, Inc.
W. John Fuller, 216-978-7643