Item 8.01. Other Event.
On December 8, 2008, the registrant announced, in a press release, it had
received preliminary approval from the U.S. Treasury Department to participate
in the Treasury's Capital Purchase Program, a voluntary program available to
healthy financial institutions. The Treasury Department intends to invest
approximately $15 million in LSB Corporation in the form of preferred stock and
warrants to purchase common stock. A copy of the press release issued by the
registrant is herewith attached as Exhibit 99.1 and is incorporated herein by
reference.
Item 9.01. Financial Statements and Exhibits
Exhibits.
99.1 Press Release dated December 8, 2008.
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