<PAGE>1
                                Form 10-Q
                    SECURITIES AND EXCHANGE COMMISSION
                         WASHINGTON, D.C. 20549
                                                                           
  
        
              
                                  
    [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
        OF THE SECURITIES EXCHANGE ACT OF 1934
        For the quarterly period ended March 31, 1999
                       
                                       OR
                            
    [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
        OF THE SECURITIES EXCHANGE ACT OF 1934
        For the transition period from         to
                                                                           
  
   
                        Commission file number:  0-13203
                          
                                LNB Bancorp, Inc.
        (Exact name of the registrant as specified on its charter)
                        
                  Ohio                                34-1406303
        (State or other jurisdiction of             (I.R.S. Employer 
         incorporation or organization)              Identification No.)
                            
           457 Broadway, Lorain, Ohio                   44052 - 1769
           (Address of principal executive offices)      (Zip Code)
                              
                              (440) 244 - 6000
            Registrant's telephone number, including area code
                              
                                Not Applicable
           (Former name, former address and former fiscal year,
                       if changed since last report)
                              
    Indicate by check mark whether the registrant (1) has filed all
    reports required to be filed by Section 13 or 15(d) of the
    Securities Exchange Act of 1934 during the preceding 12 months,
    and (2) has been subject to such requirements for the past 90 days.
                              
    YES  X          NO
                             
    Indicate the number of shares outstanding of each of the issuer's
    classes of common stock, as of the latest practicable date.
                        
    Outstanding at April 27, 1999: 4,122,675 shares
    Class of Common Stock:  $1.00 par value
    








<PAGE>2
                               LNB Bancorp, Inc.
                        Quarterly Report on From 10-Q
                         Quarter Ended March 31, 1999
                              
Part I - Financial Information
                           
   Item 1 - Financial Statements
                            
     Interim financial information required by Regulation 210.10-01 of
     Regulation S-X is included in this Form 10-Q as referenced below:
                             
                                                                           
                                                              Page
                                                             Number(s)
                           
       Condensed Consolidated Balance Sheets                      3
                                       
       Condensed Consolidated Statements of Income                5
                            
       Condensed Consolidated Statements
         of Cash Flows                                            7
                          
       Notes to the Condensed Consolidated Financial              
         Statements                                               9
                         
   Item 2 - Management's Discussion and Analysis
              of Financial Condition and Results of
              Operations                                          13
          
   Item 3 - Quantitative and Qualitative Disclosures                
              about Market Risk                                   19
                              
                              
Part II - Other Information
                              
     Item 1 - Legal Proceedings                                   20
                              
     Item 2 - Changes in Securities                               20
                              
     Item 3 - Defaults upon Senior Securities                     20
                              
     Item 4 - Submission of matters to a Vote of
              Security Holders                                    20
                              
     Item 5 - Other Information                                   21
                             
     Item 6 - Exhibits and Reports on Form 8-K                    21
                              
     Signatures                                                   21
                              
     Exhibit Index                                                22
                              
                              
                              
                          
                          
      

    
<PAGE>3
FORM 10-Q                 LNB BANCORP, INC.
                              
PART I - FINANCIAL INFORMATION
ITEM 1 - FINANCIAL STATEMENTS
                                               MARCH 31,      DECEMBER 31,
CONDENSED CONSOLIDATED BALANCE SHEETS            1999            1998
                                             -------------  --------------
                                              (Unaudited)    (See Note 1)
ASSETS:
Cash and due from banks                      $ 21,721,000    $ 26,177,000
Federal funds sold and other interest-
  bearing instruments                           2,793,000       6,624,000
Federal Home Loan Bank and Federal Reserve
  Bank stock, at cost                           2,222,000       2,189,000
Securities:
  Available for sale, at fair value            76,519,000      78,128,000
  Held to maturity, at cost (fair value
   $42,700,000 and $40,253,000, respectively)  43,523,000      38,202,000
                                            --------------  --------------
Total securities                              122,264,000     118,519,000
                                            --------------  --------------
Loans:
  Portfolio loans                             384,014,000     359,475,000
  Loans available for sale                     11,223,000      10,391,000
                                            --------------  --------------
Total loans                                   395,237,000     369,866,000
Reserve for possible loan losses               (3,483,000)     (3,483,000)
                                            --------------  --------------
Net loans                                     391,754,000     366,383,000
                                            --------------  --------------
Bank premises and equipment, net               10,150,000      10,989,000
Intangible assets                               4,627,000       4,666,000
Accrued interest receivable                     3,357,000       3,685,000
Other assets                                    3,314,000       3,303,000
Other real estate owned                           633,000       1,400,000
                                            --------------  --------------
TOTAL ASSETS                                 $560,613,000    $541,746,000
                                            ==============  ==============
          
STATEMENT CONTINUED ON NEXT PAGE
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
      

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STATEMENT CONTINUED FROM PREVIOUS PAGE

LIABILITIES AND STOCKHOLDERS' EQUITY:
Noninterest-bearing deposits                 $ 80,234,000    $ 85,558,000
Interest-bearing deposits                     372,612,000     358,290,000
                                           --------------  --------------
Total deposits                                452,846,000     443,848,000
                                           --------------  --------------
Securities sold under repurchase agreements
  and other short-term borrowings              29,567,000      22,960,000
Federal Home Loan Bank advances                24,345,000      22,045,000
Accrued interest payable                        1,540,000       1,487,000
Accrued taxes, expenses, and
  other liabilities                             3,106,000       2,730,000
                                           --------------  --------------
Total liabilities                             511,404,000     493,070,000
                                           --------------  --------------
  
Shareholders' equity:
  Common stock $1.00 par: Shares authorized 5,000,000 
   Shares issued 4,222,675 and 4,222,575, respectively and 
   Shares outstanding 4,122,675 and 4,122,575,
    respectively                                4,223,000       4,223,000
Additional capital                             22,603,000      22,602,000
Retained earnings                              25,136,000      24,210,000
Accumulated other comprehensive income            147,000         541,000
Treasury stock at cost, 100,000 shares         (2,900,000)     (2,900,000)
                                           --------------  --------------
Total shareholders' equity                     49,209,000      48,676,000
                                           --------------  --------------
TOTAL LIABILITIES AND SHAREHOLDERS'
EQUITY                                       $560,613,000    $541,746,000
                                           ==============  ==============
                     

                             
See notes to unaudited condensed consolidated financial statements.
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
        




<PAGE>5
FORM 10-Q            LNB BANCORP, INC.                          
                         
PART I - FINANCIAL INFORMATION
ITEM 1 - FINANCIAL STATEMENTS
                                                  THREE MONTHS ENDED
CONDENSED CONSOLIDATED STATEMENTS                       MARCH 31,
OF INCOME (UNAUDITED)                        ---------------------------- 
                                                  1999            1998
INTEREST INCOME:                             ---------------------------- 
Interest and fees on loans:
 Taxable                                       $ 7,972,000    $ 7,229,000
 Tax-exempt                                          8,000         11,000
Interest and dividends on securities:
 Taxable                                         1,711,000      1,720,000
 Tax-exempt                                         54,000         51,000
Interest on Federal funds sold and other
 interest-bearing instruments                       33,000         60,000
                                             -------------   ------------
TOTAL INTEREST INCOME                            9,778,000      9,071,000
                                             -------------   -------------
INTEREST EXPENSE:
Interest on Certificates of Deposit
 of $100,000 and over                              611,000        557,000
Interest on other deposits                       2,437,000      2,582,000
Interest on securities sold under 
 repurchase agreements and other
 short-term borrowings                             237,000        264,000
Interest on Federal Home Loan Bank advances        290,000         32,000  
                                             -------------   ------------
TOTAL INTEREST EXPENSE                           3,575,000      3,435,000
                                             -------------   ------------
NET INTEREST INCOME                              6,203,000      5,636,000
Provision for possible loan losses                 200,000        187,000
NET INTEREST INCOME AFTER PROVISION          -------------   ------------
FOR POSSIBLE LOAN LOSSES                         6,003,000      5,449,000
                                             -------------   ------------
OTHER INCOME:
Trust division income                              470,000        437,000
Service charges on deposit accounts                677,000        639,000
Other charges, fees and exchanges                  592,000        537,000
Other operating income                              11,000          9,000
                                             -------------   ------------
TOTAL OTHER INCOME                               1,750,000      1,622,000

STATEMENT CONTINUED ON NEXT PAGE
                          
                              
                              
                              
                              
                              
                              
                              
                              
                              
                



<PAGE>6
STATEMENT CONTINUED FROM PREVIOUS PAGE
                         
OTHER EXPENSES:
Salaries and employee benefits                   2,395,000      2,100,000
Net occupancy expense                              392,000        352,000
Furniture and equipment expenses                   608,000        578,000
Supplies and postage                               256,000        255,000
FDIC deposit insurance premium                      13,000         13,000
Ohio franchise tax                                 151,000        135,000
Other operating expenses                         1,193,000      1,094,000
                                             -------------   ------------ 
TOTAL OTHER EXPENSES                             5,008,000      4,527,000
                                             -------------   ------------
INCOME BEFORE FEDERAL INCOME TAXES               2,745,000      2,544,000
FEDERAL INCOME TAXES                               912,000        866,000
                                             -------------   ------------
NET INCOME                                     $ 1,833,000    $ 1,678,000
                                             =============   ============
                       
PER SHARE DATA:               
 BASIC EARNINGS PER SHARE                           $  .44         $  .41
                                                   =======        =======
 DILUTED EARNINGS PER SHARE                         $  .44         $  .41
                                                   =======        =======
 DIVIDENDS DECLARED PER SHARE                       $  .22         $  .20 
                                                   =======        ======= 
 
See notes to unaudited condensed consolidated financial statements.
                             
                              
                
                
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              






<PAGE>7
FORM 10-Q               LNB BANCORP, INC.                             
                    
PART I - FINANCIAL INFORMATION
ITEM 1 - FINANCIAL STATEMENTS
                                                  THREE MONTHS ENDED
CONDENSED CONSOLIDATED STATEMENTS                       MARCH 31,
OF CASH FLOWS (UNAUDITED)                     ----------------------------
                                                  1999            1998
CASH FLOWS FROM OPERATING ACTIVITIES:         ----------------------------
 Interest received                             $10,361,000    $ 8,972,000
 Other income received                           1,842,000      1,565,000
 Interest paid                                  (3,522,000)    (3,373,000)
 Cash paid for salaries and  
  employee benefits                             (1,842,000)    (2,037,000)
 Net occupancy expense of premises paid           (290,000)      (259,000)
 Furniture and equipment expenses paid            (206,000)      (192,000)
 Cash paid for supplies and postage               (256,000)      (255,000)
 Cash paid for other operating expenses           (463,000)      (795,000)
 Federal income taxes paid                             -0-        (25,000)
                                              -------------  -------------
NET CASH PROVIDED BY OPERATING
 ACTIVITIES                                      5,624,000      3,601,000
                                              -------------  -------------
CASH FLOWS FROM INVESTING ACTIVITIES:
 Proceeds from maturities of securities
  available for sale                             5,000,000      4,175,000
 Proceeds from maturities of securities
  held to maturity                                   9,000      8,191,000
 Proceeds from sales of securities
  available for sale                                   -0-            -0- 
 Purchases of securities held to maturity       (5,226,000)           -0- 
 Purchase of securities available
  for sale                                      (4,000,000)   (15,497,000)
 Net decrease in credit card loans                 374,000        353,000
 Net (increase) decrease in 
  long-term loans                              (26,486,000)       904,000 
 Purchases of bank premises and equipment          (98,000)      (239,000)
 Proceeds from sales of bank premises,
  and equipment                                        -0-         (2,000)
 Proceeds from liquidation of OREO                 767,000            -0-
                                              -------------  -------------
NET CASH USED IN INVESTING ACTIVITIES          (29,660,000)    (2,115,000)
                                              -------------  -------------
STATEMENT CONTINUED ON NEXT PAGE
                   
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              
                              

<PAGE>8
STATEMENT CONTINUED FROM PREVIOUS PAGE
                             
CASH FLOWS FROM FINANCING ACTIVITIES:
 Net (decrease) in demand and other
  on interest-bearing deposits                  (6,450,000)    (2,219,000)
 Net increase (decrease) in savings and
  passbook deposits                             (3,352,000)       601,000
 Net increase in time deposit                   17,674,000      3,535,000 
 Net increase (decrease) in securities sold
  under repurchase agreements and other
  short-term borrowings                          6,607,000     (3,848,000)
 Proceeds from Federal Home Loan 
  Bank advances                                  2,300,000            -0-
 Purchase of Treasury Stock                            -0-        (57,000)
 Proceeds from exercise of stock options             1,000          1,000
 Dividends paid                                 (1,031,000)      (907,000)
                                              -------------  -------------
NET CASH PROVIDED (USED) BY FINANCING
 ACTIVITIES                                     15,749,000     (2,894,000)
                                              -------------  -------------
NET (DECREASE) IN CASH AND
 CASH EQUIVALENTS                               (8,287,000)    (1,408,000)
          
CASH AND CASH EQUIVALENTS AT BEGINNING
 OF YEAR                                        32,801,000     24,407,000
                                              -------------  -------------
CASH AND CASH EQUIVALENTS AT END OF
 QUARTER                                       $24,514,000    $22,999,000
                                              =============  =============
        
RECONCILIATION OF NET INCOME TO
NET CASH PROVIDED BY OPERATING ACTIVITIES:
        
NET INCOME                                      $1,833,000     $1,678,000
Adjustments to reconcile net income to net cash
 provided by operating activities:
   Depreciation and amortization                   504,000        479,000 
   Amortization of deferred loan fees 
    and costs, net                                 619,000         76,000
   Provision for possible loan losses              200,000        187,000
   Amortization of intangible assets               106,000        112,000
   (Increase) decrease in accrued interest
    receivable                                     328,000       (160,000)
   Decrease in other assets                        263,000        277,000 
   Increase in accrued interest payable             53,000         62,000
   Increase in accrued taxes,
    expenses and other liabilities               1,626,000        861,000 
   Others, net                                      92,000          9,000
                                             --------------  -------------
NET CASH PROVIDED BY OPERATING ACTIVITIES       $5,624,000     $3,601,000 
                                             ============== ==============
                      
See notes to unaudited condensed consolidated financial statements.
                           
                              
                              
    
  

<PAGE>9
FORM 10-Q            LNB Bancorp, Inc.                           
                                                                           
PART I - FINANCIAL INFORMATION
ITEM 1 - FINANCIAL STATEMENTS
                          
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
                           
1.  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
                        
INTRODUCTION
                               
The following areas of discussion pertain to the unaudited condensed
consolidated financial statements of LNB Bancorp, Inc. (The Parent
Company) and its wholly-owned subsidiary, Lorain National Bank (The Bank)
at March 31, 1999, compared to December 31, 1998 and the results of its
operations and cash flows for the three months ended March 31, 1999
compared to the same period in 1998.  The term "the Corporation" refers to
LNB Bancorp, Inc. and its wholly-owned subsidiary.  It is the intent of
this discussion to provide the reader with a more thorough understanding
of the unaudited condensed consolidated financial statements and
supporting schedules, and should be read in conjunction with those
unaudited condensed consolidated financial statements and schedules.
                           
LNB Bancorp, Inc. is not aware of any trends, events, or uncertainties  
that might have a material effect on the soundness of operations;
neither is LNB Bancorp, Inc. aware of any proposed recommendations by
regulatory authorities which would have a similar effect if implemented.
                      
BASIS OF PRESENTATION
                          
The unaudited condensed consolidated balance sheet as of March 31, 1999,
the unaudited condensed consolidated statements of income and the
unaudited condensed consolidated statement of cash flows for the three
months ended March 31, 1999 and 1998 are prepared in accordance with
generally accepted accounting principles for interim financial
information.  The above mentioned statements reflect all normal and  
recurring adjustments which are, in the opinion of Management, necessary
for a fair presentation of the financial position and the results of
operation for the interim periods presented.
                          
Certain information and footnote disclosures normally included in
financial statements prepared in accordance with generally accepted
accounting principles have been condensed or omitted.  The consolidated
balance sheet at December 31, 1998 has been taken from the audited
Financial Statements and condensed.  It is suggested that these condensed
consolidated financial statements be read in conjunction with the
financial statements and notes thereto included in the Corporation's
December 31, 1998 Annual Report to Shareholders.
                   
The results of operations for the period ended March 31, 1999 are not
necessarily indicative of the operating results for the full year.
                       
RESERVE FOR POSSIBLE LOAN LOSSES
                       
Because some loans may not be repaid in full, a reserve for possible loan
losses is recorded.  This reserve is increased by provisions charged to
earnings and is reduced by loan charge-offs, net of recoveries. 
Estimating the risk of loss on any loan is necessarily subjective.
Accordingly, the reserve is maintained by Management at a level considered

<PAGE>10
adequate to cover possible loan losses that are currently anticipated
based on Management's evaluation of several key factors including
information about specific borrower situations, their financial position
and collateral values, current economic conditions, changes in the mix and
levels of the various types of loans, past charge-off experience and other
pertinent information.  The reserve for possible loan losses is based on
estimates using currently available information, and ultimate losses may
vary from current estimates due to changes in circumstances.  These
estimates are reviewed periodically and, as adjustments become necessary,
they are reported in earnings in the periods in which they become known. 
While Management may periodically allocate portions of the reserve for
specific problem situations, the entire reserve is available for any
charge-offs that may occur.  Charge-offs are made against the reserve for
possible loan losses when Management concludes that it is probable that
all or a portion of a loan is uncollectible.  After a loan is charged-off,
collection efforts continue and future recoveries may occur.
                          
A loan is considered impaired, based on current information and events, if
it is probable that the Bank will be unable to collect the scheduled
payments of principal or interest when due according to the contractual
terms of the loan agreement.  The measurement of impaired loans is
generally based on the present value of the expected future cash flows
discounted at the loans initial effective interest rate, except that all
collateral-dependent loans are measured for impairment based on the fair
value of the collateral.  If the loan valuation is less than the recorded
value of the loan, an impairment reserve must be established for the
difference.  The impairment reserve is established by either an allocation
of the reserve for possible loan losses or by a provision for possible
loan losses, depending upon the adequacy of the reserve for possible loan
losses.  
                         
RECLASSIFICATIONS
                             
Certain 1998 amounts have been reclassified to conform to 1999     
presentation.
                          
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                            
                                
                            
                            
                            
        
        




<PAGE>11
2.  EARNINGS PER SHARE
          
Earnings per share is calculated as follows:

                                  For the Quarter ended March 31, 1999
                                   Income         Shares      Per-Share
                                  (Numerator)    (Denominator)  Amount
                           
    Net Income                      $1,833,000
                        
    Basic EPS
    Income available to
     common stockholders            $1,833,000        4,122,638      $ .44
                                                                     =====
    Effect of Dilutive Securities                              
    Incentive Stock Options                -0-            9,298
                                    ----------        ---------
    Dilutive EPS
    Income available to common
     stockholders + assumed
     conversions                    $1,833,000        4,131,936      $ .44 
                                    ==========        =========      =====
                        
                                    For the Quarter ended March 31, 1998
                                     Income         Shares       Per-Share
                                    (Numerator)     (Denominator)  Amount
                             
    Net Income                      $1,678,000
                        
    Basic EPS
    Income available to
     common stockholders            $1,678,000        4,123,820      $ .41
                                                                     =====
    Effect of Dilutive Securities                              
    Incentive Stock Options                -0-           10,148
                                    ----------        ---------
    Dilutive EPS
    Income available to common
     stockholders + assumed
     conversions                    $1,678,000        4,133,968      $ .41 
                                    ==========        =========      =====
                         
                
                
                
                
              
        
        
        
        
        
        






<PAGE>12
3. COMPREHENSIVE INCOME
                           
The Corporation adopted SFAS No. 130 "Reporting Comprehensive Income" on
January 1, 1998.  This statement requires companies to report all items 
that are recognized as components of comprehensive income under accounting 
standards.  As required, the Corporation displays the accumulated balance
of other comprehensive income as a separate component of shareholders'
equity.  The Corporation's comprehensive income for the quarters ended
March 31, 1999 and 1998 are as follows: 
  
                                  For the quarters ended March 31,
                                      1999                1998
                                  --------------------------------
    Net income                     $1,833,000          $1,678,000
    Other comprehensive income:
     Unrealized (loss) on securities
     available for sale, net of tax
     (credit)of $(203,000) 
     and $-0-                        (394,000)             (1,000)
                                   -----------         -----------
    Comprehensive Income           $1,439,000          $1,677,000
                                   ===========         ===========
    
4. DIVIDEND REINVESTMENT AND CASH STOCK PURCHASE PLAN
              
The Board of Directors adopted a dividend reinvestment and cash stock
purchase plan on November 18, 1997.  Under the plan, the first dividend
reinvestment and cash stock purchase date was April 1, 1998.  The plan
allows shareholders to elect to use their quarterly cash dividends to
purchase shares of LNB Bancorp, Inc. common stock.  Additionally, cash can
be contributed directly to the plan for the purchase of shares of common
stock with a quarterly limit of $5,000.
          
The dividend reinvestment plan authorized the sale of 150,000 shares of
the Corporation's authorized but previously unissued common shares to
shareholders who choose to invest all or a portion of their cash dividends
plus additional cash payments.  No shares were issued by the Corporation
pursuant to the plan in the first quarter of 1999.  In the first quarter
of 1999, stock was purchased in the open market at the then current market
price.                
                            
                            
                            
                       
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      
                           

<PAGE>13
                        
PART I - FINANCIAL INFORMATION
ITEM 2 - MANAGEMENT'S DISCUSSION & ANALYSIS OF FINANCIAL
         CONDITION & RESULTS OF OPERATIONS
                     
FINANCIAL CONDITION
                             
Total assets of the Corporation increased $18,867,000 during the first   
quarter, to $560,613,000.  Federal funds sold and other interest-bearing
investments decreased by $3,831,000 during the first quarter of 1999.
                   
The total securities portfolio increased $3,745,000 ending the first
quarter at $122,264,000.  At March 31, 1999 unrealized gains (losses)in
the held to maturity securities portfolio were approximately $140,000 and
$(963,000), respectively.  The decrease in the market value of the
security portfolio is due to market interest rate fluctuations and not due
to the deterioration of the credit worthiness of debt issuers.
                          
Net loans increased $25,371,000 during the first quarter to $391,754,000
at March 31, 1999. This increase was a result of strong loan demand in our
market.  Personal and Commercial loan growth was particularly robust,
showing first quarter increases of $11,280,000 and $11,441,000,
respectively.  Mortgage loans increased by $2,650,000 during the first
quarter of 1999.

The reserve for possible loan losses ended the quarter at $3,483,000
supported by a provision for loan losses of $200,000, recoveries of
$70,000 and loan charge-offs of $270,000. The reserve for possible loan
losses as a percentage of ending loans was .88% at March 31, 1999 and .94%
at December 31, 1998. Corporate management believes that the reserve for
possible loan losses as a percentage of ending loans at March 31, 1999
remains at an appropriate level because the ratio of the reserve for
possible loan losses to nonperforming assets improved to 235.2% as of
March 31, 1999. Also, Corporate management believes that the current level
of the reserve for possible loan losses is adequate based upon
quantitative analysis of identified risks and analysis of historical
trends. 

The level of nonperforming assets decreased $1,006,000 during the first
quarter of 1999.  The decrease in nonaccrual loans is due to decreases in
nonaccrual principal balances of $168,000 which have been paid off or
brought current, loans charged-off in the amount of $76,000 and
liquidations of nonaccrual loans of $242,000 and increases in nonaccrual
principal balances of $247,000.  The decrease in nonaccrual loans in the
first quarter of 1999 was due primarily to four commercial loan customers
and six personal loan customers.  The decrease in Other Real Estate Owned
in the amount of $767,000 resulted from liquidation of assets.  The level
of nonperforming assets remains at relatively low levels and Corporate
management believes nonperforming assets are well collateralized.  










<PAGE>14
The table below presents the level of nonperforming assets at the end of
the last four calendar quarters.
                  
        Amounts in thousands       03/31/99  12/31/98  09/31/98  06/30/98
                                   --------  --------  --------  --------
        Nonperforming Assets:
          Nonaccrual                 $  848    $1,087    $2,707    $1,344
          Restructured                    0         0         0         0
          Other Real Estate Owned       633     1,400         0         0
                                     ------    ------    ------    ------
        Total Nonperforming Assets   $1,481    $2,487    $2,707    $1,344
                                     ======    ======    ======    ======
        Reserve for possible
          loan losses to
          nonperforming assets        235.2%    140.1%    172.7%    336.6%
                                     ======    ======    ======    ======
        Accruing loans past due
          90 days                    $  479    $  213    $  295    $  421
                                     ======    ======    ======    ======
          
Potential problem loans are those loans identified on management's watch
list in which management has some doubt as to the borrower's ability to
comply with the present repayment terms and loans which management is
actively monitoring due to changes in the borrower's financial condition.
At March 31, 1999, potential problem loans totaled $2,922,000, a decrease
of $19,000 from the December 31, 1998 balance. 
                               
The Corporation's credit policies are reviewed and modified on an ongoing
basis in order to remain suitable for the management of credit risk within 
the loan portfolio as conditions change.  At March 31, 1999 there are no
significant concentrations of credit in the loan portfolio. 
                         
The Corporation had outstanding loan and credit commitments to make loans
totaling $87,614,000 and $76,927,000 at March 31, 1999 and 1998,      
respectively. The increase in outstanding loan commitments results in part
from an increase in the unused portion of home equity lines of credits
from home equity loan sale programs during 1998 plus increase in loan
demand during the first quarter of 1999.  Mortgage and commercial
construction loan demand is expected to increase in the second quarter of
1999 as seasonal weather conditions improve and the construction season
begins.  Consumer loan demand is expected to increase in the second
quarter for home improvement and automobile loans as weather conditions
improve.
                                
Total deposits increased $8,998,000 during the first quarter to
$452,846,000.  Noninterest-bearing deposits decreased to $80,234,000, at
March 31, 1999 for a decrease of $5,324,000, while interest-bearing      
deposits increased to $372,612,000 for an increase of $14,322,000. Federal
funds purchased and securities sold under agreements to repurchase      
increased $6,607,000 during the first quarter of 1999.  Due to the      
volatility of customer repurchase agreements, most funds generated by
repurchase activity enter the Corporation's earning assets as short-term
investments.
 





<PAGE>15
LIQUIDITY
                           
Liquidity measures a corporation's ability to generate cash or otherwise
obtain funds at reasonable prices to fund commitments to borrowers as well
as the demand of depositors and debt holders.  Principal internal sources
of liquidity for the Corporation and the Bank are cash and cash  
equivalents, Federal funds sold, and the maturity structures of investment
securities and portfolio loans.  Securities and loans available for sale
provide another source of liquidity through the cash flows of these
interest bearing assets as they mature or are sold.
                              
The Corporation continues to maintain a relatively high liquid position in
order to take advantage of interest rate fluctuations.  As of March 31,
1999 short-term security investments with maturities of one year or less
totaled $20,692,000 which represented 16.9% of total securities.  Adding
cash and due from banks of $21,721,000 and Federal Funds sold and other
interest-bearing instruments of $2,793,000, total liquid assets
represented 8.1% of total assets.  The Corporation's subsidiary bank has
established short-term lines of credit at correspondent banks and the
Federal Home Loan Bank in the amount of $37,800,000.
                         
CAPITAL RESOURCES
            
LNB Bancorp, Inc. continues to maintain a strong capital position.
Total shareholders' equity increased to $49,209,000, at March 31, 1999. 
The increase resulted primarily from $1,833,000 of net income generated
from the first quarter of operations less a cash dividend payable to 
shareholders of $907,000.  The slight increase in interest rates     
experienced in the first quarter of 1999 has caused a decrease in the    
overall market value of available for sale securities which resulted in a
reduction of shareholders' equity by $394,000 for the quarter ended March
31, 1999.  As of March 31, 1999, the LNB Bancorp, Inc. held 100,000
shares of common stock as treasury stock.  LNB Bancorp, Inc. purchased
2,004 of these shares in 1998 and 97,996 shares in 1997 for a total cost
of $2,900,000.
      
The Corporation continues to monitor growth to stay within the constraints
established by the regulatory authorities.  Under Federal banking        
regulations, an institution is deemed to be well-capitalized if it has a
Risk-based Tier 1 capital ratio of 6.00 percent or greater, a Risk-based
Total capital ratio of 10.00 percent or greater and a Leverage ratio of
5.00 percent or greater.  The Corporation's Risk-based capital and      
Leverage ratios have exceeded the ratios for a well-capitalized financial
institution for all periods presented.  The Corporation's capital and
leverage ratios as of March 31, 1999 and 1998 follow together with those
ratios required for the Corporation to be considered adequately
capitalized.
          
                                                           MARCH 31,
                                                    ---------------------
                                                      1999          1998
                                                     ------       -------
                Tier I capital ratio                 11.85%        13.60%
                Required Tier I capital ratio         4.00%         4.00%
                Total capital ratio                  12.79%        14.83%
                Required total capital ratio          8.00%         8.00%
                Leverage ratio                        8.15%         8.32%
                Required leverage ratio               3.00%         3.00%
                          

<PAGE>16
On an ongoing basis the Corporation analyzes acquisition opportunities in
markets which are adjacent to or within the Corporation's current 
geographical market. Corporate management believes that it's current
capital resources are sufficient to support any foreseeable acquisition
activity. 
            
RESULTS OF OPERATIONS
                             
Interest and fees on loans increased $740,000 when compared to the first
quarter of 1998. This was the result of the impact of increases in the
loan portfolio of $66,402,000 offset by decreases in rates. Interest and
dividends on securities was $1,765,000 for the first quarter of 1999 for
a decrease of $6,000 over the same period in 1998. The first quarter
decrease in interest and dividends on securities results from a net
increase in the securities portfolio of $3,745,000.  Interest and
dividends on securities represented 18.1% of total interest income at
March 31, 1999 compared to 18.9% at March 31, 1998. Interest on Federal
funds sold and other interest-bearing instruments was $33,000 at March 31,
1999 compared to $60,000 at March 31, 1998. The decrease resulted from
lower average balances invested in this form of financial instrument along
with lower interest rates.
                         
Total interest expense increased by $140,000 when compared to the first
quarter of 1998. The interest expense increase was fueled by an increase
in interest expense from Federal Home Loan Bank advances in the amount of
$258,000, offset by decreases in deposit account interest of $91,000 and
interest on securities sold under repurchase agreements of $27,000.  Also,
total interest expense for the first quarter of 1999 was impacted by
decreases in interest rates paid on savings and certificate of deposit
accounts when compared to the first quarter of 1998. 
                                
Total other income increased by $128,000 when compared to the first
quarter of 1998.  This increase resulted from increases in trust income of
$33,000, increases in service charges of $38,000 and increases in other
service charges, exchanges and fees of $57,000.                      
                                                       
The Corporation continuously monitors noninterest expenses for greater 
profitability.  The entire staff is geared to improving productivity at
all levels.  Noninterest expense for the quarter ended March 31, 1999 was
$5,008,000, 10.6% more than the first quarter of 1998.  This increase was
due primarily to increases in salary expenses, increases in equipment and
vehicle expenses plus the operating expenses of one additional branch
office which was placed in service in June of 1998.
                              
The effective tax rate was 33.2% and 34.0% during the first quarter of
1999 and 1998, respectively.  Net income was $1,833,000 and $1,678,000 for
the quarters ended March 31, 1999 and 1998, respectively.  Net income per
basic and diluted share was $.44 and $.41 for the quarters ended March 31,
1999 and 1998, respectively.
      
4. YEAR 2000 ISSUE
                         
Several of the Corporation's and Bank's regulators including the  
Securities and Exchange Commission, Federal Reserve Board, and the Office
of the Comptroller of Currency have issued guidance relative to the      
management and disclosures for year 2000 issues.  A discussion of the year
2000 issue as it relates to the Corporation, the Bank and their customers,
suppliers and vendors follows.
             

<PAGE>17
The Corporation has formed a strategic task force to perform a 
comprehensive review of its computer systems to identify the systems that
could be affected by the "Year 2000" issue and has developed an   
implementation plan to resolve the issue.  The Year 2000 problem is the
result of computer programs being written using two digits rather than
four to define the applicable year.  Any of the Corporation's programs
that have time sensitive software may recognize a date using "00" as the
year 1900 rather than the year 2000. 
               
The Corporation expects to incur internal staff costs, consulting, and
other expenses to identify, correct or reprogram, and test the systems
for the year 2000 compliance issue.  The Corporation estimates that      
compliance costs for the year 2000 issue from 1998 through 1999 will not
exceed $250,000.  The Corporation continues to evaluate appropriate
courses of corrective action, including replacement of certain systems
whose associated costs would be recorded as assets and amortized.
Accordingly, the Corporation does not expect that year 2000 compliance
costs to be expensed over the next two years to have a material effect
on the financial position, liquidity or results of operations.
           
To date, the Corporation is in the process of obtaining formal 
notifications from all of its major vendors and suppliers that their
systems are year 2000 compliant.  During 1998, the Corporation developed
strategies and plans to test and validate that these systems are year 2000
compliant.  The Corporation has completed successful upgrades, testing and
validation of internal mission critical systems and they are Y2K
compliant.  The Corporation's customer awareness program includes
providing: seminars to the business and non-profit entities, Year 2000
information on statements and maintaining a telephone number for customer
inquiries.  The Corporation provides quarterly updates to the Board of
Directors regarding the status of the year 2000 issue.  The project
completion date for the year 2000 issue is slated for June, 1999.
            
Financial institutions may experience increases in problem loans and
credit losses in the event that borrowers fail to properly respond to the
"Year 2000" issue.  Cost of funds may become greater, if customers react
to publicity about this issue by withdrawing deposits.  Accordingly, the
Corporation has formed an internal task force to assess potential problems
relating to credit, liquidity, and third party risk, and where
appropriate, develop contingency plans.  This task force is conducting a
survey of significant credit and deposit relationships to determine their
"Year 2000" readiness and to evaluate the potential of credit and
liquidity risk to the Corporation.  Also, the "Year 2000" issue creates
risk for the Corporation from unforseen problems in its own computer
systems and from third parties' with whom the Corporation deals on
financial transactions.  Such failures of the Corporation, and/or third
parties' computer systems could have a material impact on the
Corporation's ability to conduct its business, and especially to process
and account for the transfer of funds electronically.

Based upon testing of mission critical hardware and software, the
Corporation does not anticipate that it will have to rely on a contingency
plan relating to these areas.  However, the Corporation is in the process
of developing a contingency plan that would cover the failure of mission
critical hardware and software.  The contingency plan is also being
developed to cover Y2K failure(s) that might result from a failure(s)
outside of the control of the Corporation; such as a utility company
failure.  The Corporation's contingency plan for Y2K failure of its core
processing systems will be to handle and process customer transactions

<PAGE>18
manually until the system failure is corrected.  In the most reasonably
likely worst case scenario where any of the corporation's mission critical
systems, either internal or external, would fail, the Corporation will be
operating in a manual mode.  In preparation for the unlikely event of the
most reasonably likely worst case scenario, the Corporation is in the
process of planning and training all of its' employees and will have all
customer records backed up to ensure the accuracy of our customer records.
                              
IMPACTS OF ACCOUNTING AND REGULATORY PRONOUNCEMENTS
                            
Corporate management is not aware of any current recommendations by the
Financial Accounting Standards Board or by regulatory authorities which,
if they were implemented, would have a material effect on the liquidity,
capital resources or operations of the Corporation. 
                         













































<PAGE>19
PART I - OTHER INFORMATION
ITEM 3 - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
    
Market Risk

Market risk is the risk of loss in a financial instrument arising from
adverse changes in market indices such as interest rates, foreign exchange
rates and equity prices.  The Corporation's principal market risk exposure
is interest rate risk, with no material impact on earnings from changes in
foreign exchange rates or equity prices.  There have been no material
changes in the asset and liability mix of the Corporation since December
31, 1998, which would impact the Corporation's level of market risk.

Interest rate risk is the exposure to changes in market interest rates. 
Interest rate sensitivity is the relationship between market interest
rates and net interest income due to the repricing characteristics of
assets and liabilities.  The Corporation monitors the interest rate
sensitivity of its on - and - off balance sheet positions by examining its
near-term sensitivity and its longer term gap position.  Corporate
management has determined no significant changes in the Corporation's
interest rate risk profile since December 31, 1998.

      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      
      

<PAGE>20
PART II - OTHER INFORMATION
                   
ITEM 1  - Legal Proceedings
                             
     None
                                
ITEM 2  - Changes in Securities
                               
     See item 4, (c), (1)
                               
ITEM 3  - Defaults Upon Senior Securities
                               
     None
                                
ITEM 4  - Submission of Matters to a Vote of Security Holders
                                
     (a)  LNB Bancorp Inc.'s 1999 Annual Meeting of Shareholders
          was held on April 20, 1999.
                           
     (b)  Proxies were solicited by LNB Bancorp Inc.`s management
          pursuant to Regulation 14 under the Securities Exchange
          Act of 1934, there was no solicitation in opposition to
          management's nominees for election to the board of
          directors as listed in the proxy statement, and all
          such nominees were elected to the classes in the proxy
          statement pursuant to the vote of the shareholders.
                              
     (c)  Other matters voted upon - complete descriptions of the
          matters voted upon is contained in Item 6,
                                         
          (1)Election of directors to serve as Class II Directors
             until April 22, 2002 Annual Meeting of Shareholders as
             follows:
                                                     ABSTAIN/     BROKER
                                     FOR     AGAINST WITHHELD    NON-VOTES
                                       
             Terry D. Goode       3,512,406    -0-      8,377     601,892
                  
             Wellsley O. Gray     3,513,195    -0-      7,588     601,892
                             
             James R. Herrick     3,495,831    -0-     24,952     601,892
                             
             Benjamin G. Norton   3,512,960    -0-      7,823     601,892
                                
             John W. Schaeffer,MD 3,511,370    -0-      9,413     601,892
                                
          The total number of shares of LNB Bancorp, Inc. Common Stock,
          $1.00 par value, outstanding as of March 9, 1999, the record
          date of the Annual Meeting, was 4,122,675.
                            
                                     
                      
                      
                      
                      
                      
                      
                      
                      

<PAGE>21
                              
ITEM 5  - Other Information
                                
       (a)  The Notice of the Annual Meeting to Shareholders and Proxy
            Statement (dated March 22, 1999) was previously filed as
            Exhibit 22 to the Bancorp's 1998 Annual Report on Form 10-K.
                              
  ITEM 6  - Exhibits and Reports on Form 8-K
                             
       (a)  Exhibit (11) - Computation of Shares Used for Earnings
            Per Share Calculations.
                                
       (b)  Exhibit (13) - First Quarter Report to Shareholders of
            LNB Bancorp, Inc. - March 31, 1999 - EDGAR Version.
                              
       (c)  Exhibit (27) - Financial Data Schedule
                                    
       (d)  Reports on Form 8-K                   
                             
            There were no reports on Form 8-K filed for the three
            months ended March 31, 1999.
                                
            Also, see the Exhibit Index which is found on the next page of
            this Form.
                                
                                
                                
                                
                                 SIGNATURE
                                
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  registrant has caused this report to be signed on its behalf by the  
  undersigned thereunto duly authorized.
                               
                                
                                                LNB BANCORP, INC.
                                                  (registrant)
                                
                                
                                
                                
                                             /s/ Gregory D. Friedman
      Date: May 13, 1999                     --------------------------
                                              Gregory D. Friedman,
                                              Senior Vice President,
                                              Chief Operating Officer and
                                              Chief Financial Officer
                                                                      
                               
                                
                                
                                              /s/ Mitchell J. Fallis       
      Date: May 13, 1999                     --------------------------
                                              Mitchell J. Fallis,
                                              Vice President and
                                              Chief Accounting Officer
                      
                      
                

<PAGE>22
                             LNB Bancorp, Inc.
                                Form 10-Q
                            
                                
                               Exhibit Index
                                
                Pursuant to Item 601 (a) of Regulation S-K
                                
    S-K Reference                    Exhibit
        Number
                                
     (11)      Computation of Shares Used for Earnings Per Share
                 Calculations.  Footnote 2 Earnings Per Share on
                 Page 11 of this Form 10-Q is incorporated by
                 Reference.
                                
     (12)      First Quarter Report to Shareholders of LNB Bancorp, Inc. 
                 - March 31, 1999 - EDGAR Version
                                
     (27)      Financial Data Schedule
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                              
                              
                              
                              
                              
                              
                              
                              
                        

<PAGE>23
                            
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                               LNB Bancorp, Inc.
                                
                            Exhibit to Form 10 - Q
                                
                  (For the three months ended March 31, 1999)
                                
                          S - K Reference Number (13)
                                
                                
                                
                                
                   First Quarter Report to Shareholders of
                     LNB Bancorp, Inc. -  March 31, 1999
                                EDGAR Version
                                
DESCRIPTION:
Three sided pamphlet: 

Outside cover: green with white stripe 

First Quarter Report

LNB Bancorp, Inc. Logo on right hand side

LNB Bancorp, Inc.
March 31, 1999
 
                                
Inside contains: 

Message to shareholders, 
Unaudited EDGAR version Consolidated Balance Sheets for period ending
March 31, 1999 and March 31, 1998, respectively, 
Unaudited EDGAR version Consolidated Statements of Income for the Three
Months ended March 31, 1999 and March 31, 1998, respectively, 
LNB Welcomes ConSun Foods and LNB Bancorp, Inc. Introduces New Market
Maker and the list of Banking Offices & ATMs.

                                
                                
                                
                                
                                
                                
                                
                                
                                
                                

<PAGE>24
Outside cover description:
Green and white background, black and white lettering.
                                
Front Cover:
                        
First Quarter Report

LNB Bancorp, Inc. Logo

LNB BANCORP, INC.
March 31, 1999
                             

                              
                      
                                    
                      
                      
                              
                      
                              
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                        
                      
                      

<PAGE>25
                      
Inside of front cover:
                                 
Message to Shareholders
                       
  It's a pleasure, once again, to report on the progress of LNB Bancorp,
Inc., and its wholly owned subsidiary, The Lorain National Bank, after the
first quarter of 1999.
  We are pleased to announce that earnings have increased 9% for the first
quarter of the year, compared to the same period one year ago.  Earnings
for the first quarter of 1999 reached $1,833,000, up from $1,678,000
during the first quarter of 1998. 
  Basic earnings per share for the first quarter of 1999, reached $.44
compared to $.41 for the first quarter of 1998.  Earnings for the first
quarter ended March 31, 1999 were higher than a year ago because of higher
net interest income and other noninterest income, offset in part by higher
operating expenses.  Increases in net interest income were fueled by
robust loan growth.
  Total assets rose 14% to $560.6 million, as of March 31, 1999 up $70.7
million from March 31, 1998.  Net loans grew by $66.4 million from one
year ago to $391.8 million at March 31, 1999, for a 20% increase. 
Consumer loan growth was strong accounting for 67% of total loan growth
while commercial and mortgage loans accounted for 20% and 13% of total
loan growth during the twelve months ended March 31, 1999.  Total deposits
climbed over 9% to $452.9 million, up $40.3 million from one year ago. 
Increases in demand, savings and certificates of deposit accounted for the
deposit increase.  Lorain National Bank operates 21 retail branches and 26
ATMs in nine local communities.
  Cash dividends declared per share for the first quarter of 1999
increased by 10% compared to the first quarter of 1998. The first quarter
cash dividends per share increased by $.02 to $.22 per share, up from $.20
per share in 1998.  Total shareholders' equity increased by $3.4 million
to $49.2 million during the twelve months ended March 31, 1999.
  The relocation of our Second Street Branch Office to Ely Square is on
schedule for opening during the second quarter of this year.  Lorain
National Bank is reconfiguring the Ely Square office floor space to
accommodate the delivery of Commercial Lending, Trust & Investment
Management and retail banking services.  We look forward to being open six
days a week in the heart of Elyria to deliver superior service to our new
and existing customers. 
  We thank you for your continued support and look forward to addressing
you after the completion of our second quarter of operations.

  /s/ James. F. Kidd                  /s/ Stanley G. Pijor                 
 ------------------------            -------------------------      
  James F. Kidd                       Stanley G. Pijor         
  President and                       Chairman of the Board
  Chief Executive Officer
                
TOTAL ASSETS millions of dollars
(A Total Assets graph follows in printed version with assets on the y-axis
and years 1995 through 1999 on the x-axis.  The graph is a vertical bar
graph.  The co-ordinates, by year, which are presented in the table below
are plotted on the previously described grid.)
 




<PAGE>26       
TOTAL SHAREHOLDERS' EQUITY millions of dollars
(A Total Shareholders' Equity graph follows in printed version with
shareholder's equity on the y-axis and years 1995 through 1999 on the
x-axis.  The graph is a vertical bar graph.  The co-ordinates, by year,
which are presented in the table below are plotted on the previously
described grid.)
                
BASIC EARNINGS PER SHARE dollars*
(A Basic Earnings Per Share graph follows in printed version with earnings
per share on the y-axis and years 1995 through 1999 on the x-axis.  The
graph is a vertical bar graph.  The co-ordinates, by year, which are
presented in the table below are plotted on the previously described
grid.)
                
                               
                                    Total Shareholders'   Basic Earnings
               Total Assets                Equity           Per Share
   Year     millions of dollars     millions of dollars      dollars*
   
   1999           $560.6                    $49.2             $0.44
   1998           $489.9                    $45.8             $0.41
   1997           $445.5                    $45.0             $0.36
   1996           $420.5                    $41.5             $0.31
   1995           $408.1                    $38.3             $0.26
                             
*Adjusted for stock dividends and splits
                
                
                       
                    
                               
                       
                                
                                
                 
                
                               
                                
                                
                                
                                
                                
                                
                                
                                
                                
                                
                
                
                
                
                
                
                
                
                
                
                
                

<PAGE>27
Consolidated Balance Sheets
                                                    March 31
                                            --------------------------
                                                 1999         1998
                                            ------------  ------------
ASSETS:
Cash and Due from Banks                     $ 21,721,000  $ 20,117,000
Federal Funds Sold and Other
 Interest-Bearing Instruments                  2,793,000     2,882,000
Federal Home Loan Bank and Federal
 Reserve Bank Stock, at Cost                   2,222,000     2,017,000
Securities Held to Maturity, at Cost          43,523,000    85,845,000
Securities Available for Sale, at Fair Value  76,519,000    30,662,000
Loans Held For Sale                           11,223,000    12,047,000
Loans                                        384,014,000   317,665,000
Reserve for Possible Loan Losses              (3,483,000)   (4,360,000)
-----------------------------------------------------------------------
NET LOANS                                    391,754,000   325,352,000
-----------------------------------------------------------------------
Premises, Equipment and Intangible
 Assets (net)                                 15,159,000    16,683,000
Accrued Interest Receivable and
 Other Assets                                  6,922,000     6,415,000
-----------------------------------------------------------------------
TOTAL ASSETS                                $560,613,000  $489,928,000
-----------------------------------------------------------------------
LIABILITIES AND STOCKHOLDERS' EQUITY:
Noninterest-Bearing Deposits                $ 80,234,000  $ 66,346,000
Interest-Bearing Deposits                    372,612,000   346,226,000
-----------------------------------------------------------------------
TOTAL DEPOSITS                               452,846,000   412,572,000
-----------------------------------------------------------------------
Securities Sold under Repurchase Agreements 
 and Other Short-term Borrowings              29,567,000    25,102,000
Federal Home Loan Bank Advances               24,345,000     2,045,000
Accrued Interest, Taxes, Expenses and
 Other Liabilities                             4,646,000     4,422,000
-----------------------------------------------------------------------
TOTAL LIABILITIES                            511,404,000   444,141,000
-----------------------------------------------------------------------
Common Stock                                   4,223,000     4,222,000
Additional Capital                            22,603,000    22,600,000
Retained Earnings                             25,136,000    21,796,000
Accumulated Other Comprehensive Income           147,000        69,000 
Treasury Stock, at Cost                       (2,900,000)   (2,900,000)
-----------------------------------------------------------------------
TOTAL SHAREHOLDERS' EQUITY                    49,209,000    45,787,000
-----------------------------------------------------------------------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY  $560,613,000  $489,928,000
-----------------------------------------------------------------------
                                                                
(LOGO) LNB
       Bancorp, Inc.
       and its subsidiary Lorain National Bank
                             
                                
                                
                                
                                  

<PAGE>28
Consolidated Statements of Income
                                                Three Months Ended
                                                      March 31
                                              ------------------------
                                                   1999         1998
                                              ------------ -----------
INTEREST INCOME:
Interest and Fees on Loans                      $7,980,000  $7,240,000
Interest and Dividends on Securities             1,785,000   1,773,000
Interest on Federal Funds Sold and Other
 Interest-Bearing Instruments                       13,000      58,000
----------------------------------------------------------------------
TOTAL INTEREST INCOME                            9,778,000   9,071,000
----------------------------------------------------------------------
INTEREST EXPENSE:
Interest on Deposits                             3,048,000   3,139,000
Interest on Securities Sold under Repurchase Agreements 
 and Other Short-term Borrowings                   237,000     264,000
Interest on Federal Home Loan Bank Advances        290,000      32,000
----------------------------------------------------------------------
TOTAL INTEREST EXPENSE                           3,575,000   3,435,000
----------------------------------------------------------------------
NET INTEREST INCOME                              6,203,000   5,636,000
Provision for Possible Loan Losses                 200,000     187,000
----------------------------------------------------------------------
NET INTEREST INCOME AFTER PROVISION 
 FOR LOAN LOSSES                                 6,003,000   5,449,000
----------------------------------------------------------------------
OTHER INCOME:
Trust and Investment Management Division Income    470,000     437,000
Fees and Service Charges                         1,269,000   1,176,000
Gains From Sales of Loans and Securities               -0-         -0-
Other Operating Income                              11,000       9,000
----------------------------------------------------------------------
TOTAL OTHER INCOME                               1,750,000   1,622,000
----------------------------------------------------------------------
OTHER EXPENSES:
Salaries and Employee Benefits                   2,395,000   2,100,000
Net Occupancy Expense of Premises                  392,000     352,000
Furniture and Equipment Expenses                   608,000     578,000
Supplies and Postage                               256,000     255,000
Ohio Franchise Tax                                 151,000     135,000
Other Operating Expenses                         1,206,000   1,107,000
----------------------------------------------------------------------
TOTAL OTHER EXPENSES                             5,008,000   4,527,000
----------------------------------------------------------------------
INCOME BEFORE INCOME TAXES                       2,745,000   2,544,000
----------------------------------------------------------------------
Income Taxes                                       912,000     866,000
----------------------------------------------------------------------
NET INCOME                                      $1,833,000  $1,678,000
----------------------------------------------------------------------
BASIC EARNINGS PER SHARE                           $.44       $.41 
----------------------------------------------------------------------
DILUTED EARNINGS PER SHARE                         $.44       $.41
----------------------------------------------------------------------
DIVIDENDS DECLARED PER SHARE                       $.22       $.20
----------------------------------------------------------------------
<PAGE>29
Inside cover
                      
LNB Welcomes ConSun Foods
 
Color photograph of Convenient Food Mart on left side of page

  ConSun Food Industries, Inc., a regional franchiser and owner of several
area Convenient Food Marts and owner of Sunshine Farms Dairy, has chosen
Lorain National Bank as its new provider of financial services.
  "We are pleased to be associated with ConSun Foods and its divisions,"
said James F. Kidd, LNB Bancorp, Inc. President and Chief Executive
Officer.
  "Like Lorain National Bank, ConSun has a solid history of delivering
quality products to members of our community for years.  The Convenient
Food Mart and Sunshine Farms Dairy names are synonymous with value and
customer satisfaction."
  Headquartered on Gateway Boulevard in Elyria, ConSun employs more than
400 people overall.  Its company owned stores can be found in the counties
of Lorain, Summit, Stark, Portage, Erie, Medina and Wayne in Ohio. 
Additionally, its Sunshine Farms dairy division manufactures and
distributes approximately 300 food products.
  We welcome Dennis Walter, President, Roger McVetta, Treasurer, Ron
Lattimer, Secretary & Director of Store Operations and the ConSun Food
Industries family to Lorain National.

LNB Bancorp, Inc. Introduces New Market Maker

  Thomas P. Ryan, Executive Vice President and Secretary/Treasurer, has
announced the addition of Sweney Cartwright & Company of Columbus to the
list of LNB Bancorp, Inc. Common stock market makers.  Sweney Cartwright,
an investment securities firm in business since 1933, specializes in the
marketing of stock of independent banks in Ohio.
  Sweney Cartwright joins Akin Investment Services Group, Everen
Securities, McDonald Investments, Mid-Ohio Securities, National
Securities, and the Fifth Third/The Ohio Company as market makers in LNB
Bancorp, Inc. stock.
  Shareholders requesting information about their current stock holdings
should call or write to:
 
  Registrar and Transfer Company
  Investor Relations Department 
  10 Commerce Drive
  Cranford, New Jersey 07016-9982
  (800) 368-5948


 
 
                     
                      
                      
                      
                      
                      
                      
                      
                      
                      
                      

<PAGE>30
Back Cover: 
White background with green along top of page and black lettering
Four column format
                    
Banking Offices and ATMS
                     
ATM service available wherever you see this symbol **
                  
  Lorain Banking Offices           Elyria Banking Offices
  Main Office                    **Ely Square Office*
  457 Broadway                     124 Middle Avenue
  Lorain, Ohio 44052               Elyria, Ohio 44035
  (440) 244-7185                   (440) 323-4621
                                                                   
**Sixth Street Drive-In Office   **Cleveland Street Office
  200 Sixth Street                 801 Cleveland Street
  Lorain, Ohio 44052               Elyria, Ohio 44035
  (440) 244-7242                   (440) 365-8397                          
                 
**Cooper-Foster Park             **Lake Avenue Office
  Road Office                      42935 North Ridge Road
  1920 Cooper-Foster Park Road     Elyria Township, Ohio 44035
  Lorain, Ohio 44053               (440) 233-7196
  (440) 282-1252                            
                                 **Midway Mall Office
**Kansas Avenue Office             6395 Midway Mall Blvd.
  1604 Kansas Avenue               Elyria, Ohio 44035
  Lorain, Ohio 44052               (440) 324-6530
  (440) 288-9151
                                 **Second Street Office*
**Oberlin Avenue Office            221 Second Street
  3660 Oberlin Avenue              Elyria, Ohio 44035   
  Lorain, Ohio 44053               (440) 323-4621         
  (440) 282-9196                                            
                                   Village of LaGrange
**Pearl Avenue Office              Banking Office
  2850 Pearl Avenue              **Village of LaGrange Office
  Lorain, Ohio 44055               546 North Center Street
  (440) 277-1103                   Village of LaGrange,
                                   Ohio 44050
**West Park Drive Office           (440) 355-6734
  2130 West Park Drive                                      
  Lorain, Ohio 44053               Oberlin Banking Offices
  (440) 989-3131                   Kendal at Oberlin Office
                                   600 Kendal Drive
  Amherst Banking Office           Oberlin, Ohio 44074
**Amherst Office                   (440) 774-5400
  1175 Cleveland Avenue                           
  Amherst, Ohio 44001            **Oberlin Office
  (440) 988-4423                   40 East College Street
                                   Oberlin, Ohio 44074
  Avon Lake Banking Office         (440) 775-1361
**Avon Lake Office                          
  240 Miller Road                  Olmsted Township
  Avon Lake, Ohio 44012            Banking Offices
  (440) 933-2186                 **Olmsted Township Office
                                   27095 Bagley Road
                                   Olmsted Township, Ohio 44138
                                   (440) 235-4600

<PAGE>31
  The Renaissance Office           Other Offices
  26376 John Road                  Executive Offices
  Olmsted Township, Ohio 44138     457 Broadway      
  (440) 427-0041                   Lorain, Ohio 44052    
                                   (440) 244-7123       
  Vermilion Banking Office                  
**Vermilion Office                 Branch Administration
  4455 East Liberty Avenue         457 Broadway
  Vermilion, Ohio 44089            Lorain, Ohio 44052
  (440) 967-3124                   (440) 244-7253

  Westlake Banking Offices         Commercial, Consumer      
**Crossings of Westlake Ohio       and Mortgage Loans     
  30210 Detroit Road               457 Broadway               
  Westlake, Ohio 44145             Lorain, Ohio 44052  
  (440) 892-9696                   (440) 244-7220  
                                   (440) 244-7272
  Westlake Village Office          (440) 244-7216         
  28550 Westlake Village Drive                           
  Westlake, Ohio 44145             Credit Cards 
  (440) 808-0229                   2130 West Park Drive
                                   Lorain, Ohio 44053
  Community-Based                  (440) 989-3308         
  Automated Teller                                
  Machine Locations                Customer Service
**Captain Larry's Marathon         2130 West Park Drive      
  1317 State Route 60              Lorain, Ohio 44053
  Vermilion, Ohio                  (440) 989-3348
                
**Convenient Food Mart             Human Resources  
  5375 West Erie Avenue            2130 West Park Drive
  Lorain, Ohio                     Lorain, Ohio 44053
                                   (440) 989-3139
**Dad's Sunoco        
  7580 Leavitt Road                Operations     
  State Route 58                   2130 West Park Drive
  Amherst, Ohio                    Lorain, Ohio 44053
                                   (440) 989-3315
**Gateway Plaza Convenient
  3451 Colorado Avenue             Purchasing    
  Lorain, Ohio                     2150 West Park Drive  
                                   Lorain, Ohio 44053   
**Lakeland Medical Center          (440) 989-3260
  3700 Kolbe Road
  Lorain, Ohio                     Trust and Investment     
                                   Management Services    
**Lorain County                    457 Broadway  
  Community College                Lorain, Ohio 44052
  1005 North Abbe Road             (440) 244-7226
  Elyria, Ohio      
                                   All Other Departments &
**Lowe's Home                      Information Not Listed
  Improvement Warehouse            Telebanker (440) 245-4562
  620 Midway Boulevard             Toll Free (800) 860-1007
  Elyria, Ohio                     Lorain (440) 244-6000
                                   Elyria (440) 236-5047  
**Midway Mall Food Court    
  3343 Midway Mall Blvd.           Internet www.4LNB.com
  Elyria, Ohio
<PAGE>32 

*The Second Street Office will be relocated to Ely Square during the
second quarter of 1999.

Logos for LNB Bancorp, Inc., FDIC Insured, Federal Home Loan Bank System,
and Equal Housing Lender       
                       
                       
                                
                                
                
















































<PAGE>33
                           
                                
                                 LNB Bancorp, Inc.
                               
                              Exhibit to Form 10 - Q
                                
                    (For the three months ended March 31, 1999)
                                
                            S - K Reference Number (27)
                                
                                
                                
                                
                              Financial Data Schedule