JOSEPH W. SCHWARZ - Corporate Board Profile

LCNB CORP

Filing Date	Source Excerpt
2006-03-09	Joseph W. Schwarz, Director, age 70, Real Estate Developer. Committees: Building Committee, Trust Committee, Nominating Committee, Compensation Committee. No compensation from LCNB for Board service; compensated $1,363/month from Bank.
2007-03-09	The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2006.\nName: Joseph W. Schwarz\nFees Earned or Paid in Cash ($): $16,850\nNon-Equity Incentive Plan Compensation ($): $2,419\nTotal ($): $19,269\nThe compensation paid to the directors of LCNB includes committee fees as follows: J. Schwarz, $2,850.00.\nThe Nominating Committee consists of the independent directors: Spencer S. Cropper, Kathleen Porter Stolle, George L. Leasure, Joseph W. Schwarz, and Rick L. Blossom.\nThe Bank has a designated compensation committee. This committee consists of the independent directors of the Bank: Spencer S. Cropper, Kathleen Porter Stolle, George L. Leasure, Joseph W. Schwarz, and Rick L. Blossom.\nThe Trust Committee reviews the various trusts accepted by the Trust Department of the Bank, reviews trust investments and advises the trust officers in department operations. The members of the Trust Committee are Stephen P. Wilson, Kathleen Porter Stolle, Bernard H. Wright, Jr., Leroy F. McKay, Joseph W. Schwarz, S. Diane Ingram, Melanie K. Crane, and Steve P. Foster.\nThe Building Committee reviews the facility needs and repair and improvement issues of the Bank and its branch and other office buildings. The members of the Building Committee are Stephen P. Wilson, David S. Beckett, Joseph W. Schwarz, and William H. Kaufman.
2008-03-05	Joseph W. Schwarz, 72 Real Estate Developer Director 2004 2010
2009-03-23	Joseph W. Schwarz Director Real Estate Developer Director The directors collectively attended 86%of such meetings and no director attended less than 63%of the meetings. The Company encourages its directors to attend the Annual Meeting of the Shareholders, and in 2008,eight of the nine directors attended the meeting. Directors do not receive any compensation from LCNB for their service on the Board of Directors of LCNB. However, each director of LCNB also serves as a director of LCNB National Bank, the banking subsidiary of LCNB, which meets on a weekly basis, for which each is compensated at a rate of$14,000 annually. In addition, non-employee directors who serve on committees of the Board of Directors receive $150 for each committee meeting attended. Further, the directors participate like the employees of the Company in the Non-Equity Incentive Plan of the Company, and thus receive cash compensation based upon the success of the Company over the previous year. In 2008, the directors each received compensation under this plan equal to 11.5%of their annual base compensation and committee meeting fees earned during 2007. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2008. Name Fees Earned or Paid in Cash ($) (1) Non-Equity Incentive Plan Compensation ($)(2) Total ($) Joseph W. Schwarz $15,350 $2,004 $17,354 The Company has an Audit Committee that serves in a dual capacity as the Audit Committee of the Bank. The members of the Audit Committee are Spencer S. Cropper, Joseph W. Schwarz, and Rick L. Blossom. The Nominating Committee consists of all five of the Company's independent directors: Spencer S. Cropper, Kathleen Porter Stolle, George L. Leasure, Joseph W. Schwarz, and Rick L. Blossom. The Bank has a designated Compensation Committee, which met four times in 2008 and does not have a charter. This committee consists of the independent directors of the Bank: Spencer S. Cropper, Kathleen Porter Stolle, George L. Leasure, Joseph W. Schwarz, and Rick L. Blossom.
2010-03-09	Joseph W. Schwarz, 74 Real Estate Developer Director 2004 2010 The Audit Committee of the Board of Directors of the Company is composed of three independent directors. The members of the Audit Committee are Spencer S. Cropper, Joseph W. Schwarz, and Rick L. Blossom. The Audit Committee met a total of 9 times in 2009. All of the members of the Audit Committee are independent directors. Mr. Blossom serves as the financial expert as defined by the Sarbanes-Oxley Act. Directors do not receive any compensation from LCNB for their service on the Board of Directors of LCNB. However, each director of LCNB also serves as a director of LCNB National Bank, the banking subsidiary of LCNB, which meets twice a month, for which each is compensated at a rate of $14,000 annually. In addition, non-employee directors who serve on committees of the Board of Directors receive $150 for each committee meeting attended. Further, the directors participate like the employees of the Company in the Non-Equity Incentive Plan of the Company, and thus receive cash compensation based upon the success of the Company over the previous year. In 2009, the directors each received compensation under this plan equal to 12% of their annual base compensation and committee meeting fees earned during 2008. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2009. Joseph W. Schwarz Fees Earned or Paid in Cash ($) 15,050 Non-Equity Incentive Plan Compensation ($) 1,806 Total ($) 16,856.