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

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

LORAIN, Ohio--(BUSINESS WIRE)-- The Board of Directors of LNB Bancorp, Inc. has declared a cash dividend of $12.50 per share, or approximately $114,000, on LNB's Fixed Rate Cumulative Perpetual Preferred Stock Series B, payable on August 15, 2013 to the shareholder of record as of August 2, 2013.

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 20 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. 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.
Pete Catanese, 440-244-7126

KEYWORDS: United States North America Ohio

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