STEVE P. FOSTER - Corporate Board Profile

LCNB CORP

Filing Date	Source Excerpt
2005-03-09	Steve P. Foster, Executive Vice President, Chief Financial Officer... The members of the Trust Committee are Stephen P. Wilson, Howard E. Wilson, Kathleen Porter Stolle, Marvin E. Young, Bernard H. Wright, Jr., Leroy F. McKay, Joseph W. Schwarz, S. Diane Ingram, Melanie K. Crane, and Steve P. Foster. The Pension Committee members are Stephen P. Wilson, Howard E. Wilson, Marvin E. Young, and Steve P. Foster.
2006-03-09	Steve P. Foster, Director, Executive Vice President, Chief Financial Officer, age 53, Banker. Compensation includes salary $113,000, bonus $15,805, other annual compensation $48,261 (including Defined Benefit Pension Plan and interest on Deferred Compensation Plan). Committees: Trust Committee, Pension Committee.
2007-03-09	The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2006.\nName: Steve P. Foster\nFees Earned or Paid in Cash ($): $14,000\nNon-Equity Incentive Plan Compensation ($): $1,353\nTotal ($): $15,353\nThe compensation paid to the directors of LCNB includes committee fees as follows: Mr. Foster are not independent directors and do not receive committee fees.\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 Pension Committee reviews the Banks defined benefit pension plan. The members of the Pension Committee are Stephen P. Wilson, and Steve P. Foster.
2008-03-05	Steve P. Foster, 55 Banker Director, President 2005 2008
2009-03-23	Steve P. Foster Director, President Banker Director, President 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 ($)(2) Total ($) Steve P. Foster $14,000 $1,680 $15,680
2010-03-09	Steve P. Foster, 57 Banker, President of the Bank and the Company President, Director 2005 2010 Mr. Foster serves on the Trust Investment Committee, the Building Committee, the Bond Committee, the Pension Committee, and the Loan Committee. 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 $150 for each committee meeting attended. Further, the directors participate like the employees of the Company in the Non-Equity Incentive Plan of the Company, and thus receive cash compensation based upon the success of the Company over the previous year. In 2009, the directors each received compensation under this plan equal to 12% of their annual base compensation and committee meeting fees earned during 2008. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2009. Steve P. Foster Fees Earned or Paid in Cash ($) 14,000 Non-Equity Incentive Plan Compensation ($) 1,680 Total ($) 15,680.
2011-03-11	Steve P. Fosteris a current director and President of both LCNB Corp. and LCNB National Bank. He joined LCNB staff in 1977 and has served a internal auditor, branch manager, and loan officer. He started the Information Technology Department and, more recently, served as Chief Financial Officer. He was elected to the LCNB Board of Directors in 2005 and serves on the Trust Investment Committee, the Building Committee, the Bond Committee, the Pension Committee, and the Loan Committee.
2012-03-06	He was elected to the LCNB Board of Directors in 2005 and serves on the Trust Investment Committee, the Building Committee, the Bond Committee, the Pension Committee, and the Loan Committee. 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 per 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 2011, the directors each received compensation under this plan equal to 11.5% of their annual base compensation and committee meeting fees earned during 2011. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2011. Steve P. Foster $14,000 $1,610 $15,610
2013-03-11	Steve P. Foster is a current director and President of both LCNB Corp. and LCNB National Bank. He joined the LCNB staff in 1977 and has served as internal auditor, branch manager, and loan officer. He started the Information Technology Department and, more recently, served as Chief Financial Officer. He was elected to the LCNB Board of Directors in 2005 and serves on the Trust Investment Committee, the Building Committee, the Bond Committee, the Pension Committee, and the Loan Committee. 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 per 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 2012, the directors each received compensation under this plan equal to 11.5% of their annual base compensation and committee meeting fees earned during 2012. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2012. Steve P. Foster: Fees Earned or Paid in Cash $14,000, Non-Equity Incentive Plan Compensation $1,610, Total $15,610.
2014-03-17	Steve P. Foster is a current director and President of both LCNB Corp. and LCNB National Bank. He joined the LCNB staff in 1977 and has served as internal auditor, branch manager, and loan officer. He started the Information Technology Department and, more recently, served as Chief Financial Officer. He was elected to the LCNB Board of Directors in 2005 and serves on the Trust Investment Committee, the Building Committee, the Bond Committee, the Pension Committee, and the Loan Committee. 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 per 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 2013, the directors each received compensation under this plan equal to 11.5% of their annual base compensation and committee meeting fees earned during 2013. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2013. Steve P. Foster: $14,000 fees earned or paid in cash, $1,610 non-equity incentive plan compensation, total $15,610.
2015-03-13	Mr. Foster serves on the Trust Investment Committee, the Building Committee, the Bond Committee, the Pension Committee, and the Loan Committee. 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 per 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 2014, the directors each received compensation under this plan equal to 9.5% of their annual base compensation and committee meeting fees earned during 2014. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2014. Steve P. Foster $14,000 $1,330 $15,330
2016-03-24	Steve P. Foster is President and Chief Executive Officer of both LCNB Corp. and LCNB National Bank. He joined the LCNB staff in 1977 and has served as internal auditor, branch manager, and loan officer. He started the Information Technology Department and, more recently, served as Chief Financial Officer. He was elected to the LCNB Board of Directors in 2005 and serves on the Trust Investment Committee, the Building Committee, the Bond Committee, the Pension Committee, and the Loan Committee. 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 per 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 2015, the directors each received compensation under this plan equal to 9.5% of their annual base compensation and committee meeting fees earned during 2015. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2015. Steve P. Foster $14,000 $1,330 $15,330.
2017-03-10	Steve P. Foster is President and Chief Executive Officer of both LCNB Corp. and LCNB National Bank. He joined the LCNB staff in 1977 and has served as internal auditor, branch manager, and loan officer. He started the Information Technology Department and, more recently, served as Chief Financial Officer. He was elected to the LCNB Board of Directors in 2005 and serves on the Trust Investment Committee, the Building Committee, the Bond Committee, the Pension Committee, and the Loan Committee. 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 per 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 2016, the directors each received compensation under this plan equal to 9.5% of their annual base compensation and committee meeting fees earned during 2016. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2016. Steve P. Foster $14,000 fees earned or paid in cash, $1,330 Non-Equity Incentive Plan Compensation, total $15,330.
2018-03-09	Mr. Foster serves on the Trust Investment Committee, the Building Committee, the Bond Committee, the Pension Committee, and the Loan Committee. 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 once per 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 2017, the directors each received compensation under this plan equal to 9.5% of their annual base compensation and committee meeting fees earned during 2017. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2017. Steve P. Foster $14,000 fees earned or paid in cash, $1,330 non-equity incentive plan compensation, total $15,330.
2019-03-08	Steve P. Foster is Chief Executive Officer of both LCNB Corp. and LCNB National Bank. He joined the LCNB staff in 1977 and has served as internal auditor, branch manager, and loan officer. He started the Information Technology Department and served as Chief Financial Officer and more recently President. He was elected to the LCNB Board of Directors in 2005 and serves on the Trust Investment Committee, the Building Committee, the Bond Committee, the Pension Committee, and the Loan Committee. On December 28, 2015, he was appointed as Chief Executive Officer of LCNB and the Bank.
2020-03-06	Steve P. Foster is the former Chief Executive Officer of both LCNB Corp. and LCNB National Bank, a position held from 2015 until his retirement in 2019. He joined the LCNB staff in 1977 and has served as internal auditor, branch manager, and loan officer. He started the Information Technology Department and served as Chief Financial Officer and President. He was elected to the LCNB Board of Directors in 2005 and serves on the Trust Committee, the Building Committee, the Pension Committee, and the Board Loan Committee. 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 once per month, for which each director is compensated at a rate of $30,000 annually. The Chairman of the Board receives an additional $3,000. In addition, non-employee directors who serve on committees of the Board of Directors receive $440 for each committee meeting attended. The Chair of each committee receives $880 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 2019, the directors each received compensation under this plan equal to 12.5% of their annual base compensation and committee meeting fees earned during 2019. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2019. Steve P. Foster: $32,200 fees earned or paid in cash, $4,186 non-equity incentive plan compensation, total $36,386.
2021-03-11	Steve P. Foster is the former Chief Executive Officer of both LCNB Corp. and LCNB National Bank. He was elected to the LCNB Board of Directors in 2005 and serves on the Trust Investment Committee, the Pension Committee, and the Loan Committee. The table below summarizes all compensation paid to the directors of LCNB for their services as directors during fiscal year 2020. Steve P. Foster: $37,840.
2022-03-11	Mr. Foster is a former Chair of the Ohio Bankers League, one of the strongest financial trade associations in the country. He serves on the Trust Committee, the Pension Committee, and the Loan Committee. Director Compensation table shows total compensation of $38,280.
2023-03-17	Steve P. Foster, 70, Former President and CEO of LCNB, Director since 2005, term expires 2025. Compensation: Fees Earned or Paid in Cash $38,500, Equity Grant $10,000, Total $48,500.
2024-03-18	Steve P. Foster is a Director and former President and CEO of LCNB. He serves on the Trust Committee, the Pension Committee, and the Loan Committee. His total compensation was $48,500.