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  September 5, 2001
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Home > Company Index > Banking > Banking - Midwest > LNB Bancorp, Inc.

LNB Bancorp, Inc.
Nasdaq: LNBB
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 PROFILE
LNB Bancorp is the holding company for The Lorain National Bank in Lorain, Ohio. The bank operates through 21 branches in Lorain and surrounding towns west of Cleveland, offering banking services to businesses and individuals. Checking and savings deposit products include money market accounts, certificates of deposit, IRAs, and Keogh retirement accounts. The bank also offers trust services, discount brokerage services, and mutual funds. The Lorain National Bank's lending activities primarily consist of commercial and real estate loans (each accounts for more than 35% of the portfolio), as well as installment loans and revolving lines of credit.

 COMPETITION
Fifth Third Bancorp (FITB)
FirstMerit Corporation (FMER)
U.S. Bancorp (USB)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 55.00
1-Yr. Sales Growth: 10.7%
Employees: 298
Revenue per employee: $184,563.76

 KEY PEOPLE
• Gary C. Smith
    CEO
• Gregory D. Friedman
    CFO

 CONTACT INFO
457 Broadway
Lorain, OH 44052
US
Phone: 440-244-6000
Fax: 440-244-4815
Online: Web Site

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