October 26, 2010

Lyons Bancorp, Inc., the holding company for The Lyons National Bank, reported that the Company reached a milestone in the third quarter - $500 million in total assets. It also reported that earnings for the first nine months of 2010 exceeded those reported during the same time period in 2009 by 14%. On September 30, 2010 the Company reported total assets of $503 million. President and Chief Executive Officer, Robert A. Schick stated, "The Bank has grown not only in assets, but also in locations and customers served. At the end of the last century, December 31, 1999, Bank assets were approximately $122 million. Our growth over the past ten years, all organic, is testimony to the outstanding customer service provided by our dedicated employees. We could not have achieved this record level of assets without the trust and confidence our customers have placed in LNB." Net after-tax income was $3.07 million for the first nine months of 2010, an increase of 14% over the $2.66 million earned during the same period last year. On a per share basis earnings were $3.57 fully diluted versus $3.12 last year. Loans topped the $300 million mark on September 30, 2010 and the Bank's net interest margin (the difference between the interest the Bank earns on its assets and the interest it pays to its depositors) grew to 3.81% from 3.65% on September 30, 2009. The Bank's Efficiency Ratio, an industry-wide cost control metric that measures how much each dollar of revenue is used to pay non-interest expenses, was 68% at September 30, 2010 versus 74% at September 30, 2009. A lower ratio depicts better revenue and expense management. Overall asset quality remains stable. In light of the current economic situation, the Bank continued to make additional provisions to its Loan Loss Reserve. At quarter end, the Bank's Loan Loss Reserve totaled $6.6 million or 2.20% of period-end loans. Return on average shareholder equity grew to 12.96% at September 30, 2010 versus 12.71% at September 30, 2009. On a consecutive quarter basis, earnings increased 5.1% or $1.23 per share versus the $1.17 per share recorded in the second quarter. Lyons Bancorp, Inc. is the holding company for The Lyons National Bank. The Lyons National Bank is a community bank with offices in Lyons, Clyde, Macedon, Newark, Ontario and Wolcott in Wayne County; Jordan in Onondaga County; Geneva in Ontario County, Penn Yan in Yates County and Seneca Falls/Waterloo in Seneca County. Subsidiaries of The Lyons National Bank are Lyons Realty Associates Corp. and LNB Life Agency, Inc.