Farmers National Banc Corp. completes acquisition of Cortland Bancorp, adds two board members

FARMERS NATIONAL BANC CORP /OH/

Merger with Cortland Bancorp closed Nov 1; Cortland shareholders received $28 cash or 1.75 FMNB shares per Cortland share (75% stock/25% cash cap).
Farmers now has over $4.1B in banking assets and $3.0B wealth assets; expands into Summit and Portage counties, Ohio.
Added former Cortland board members Neil Kaback and Richard Thompson to Farmers board, effective Nov 1.
Cortland shares no longer trade on NASDAQ.
This is the sixth acquisition in six years.

item 2.01 item 5.02 item 7.01 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Neil J. Kaback

director

FMNB · FARMERS NATIONAL BANC CORP /OH/

Effective: 2021-11-01
Filed: November 1, 2021, 7:59 PM ET

Mr. Kaback was appointed to the Board to hold office as a Class I director until the Company’s 2023 annual meeting of shareholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal.

Appointed

Richard B. Thompson

director

FMNB · FARMERS NATIONAL BANC CORP /OH/

Effective: 2021-11-01
Filed: November 1, 2021, 7:59 PM ET

Mr. Thompson was appointed to the Board to hold office as a Class III director until the Company’s 2022 annual meeting of shareholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Neil J. Kaback was appointed as director at FARMERS NATIONAL BANC CORP /OH/.

Action: appointed
Role: director

Exact text from the filing

Mr. Kaback was appointed to the Board to hold office as a Class I director until the Company’s 2023 annual meeting of shareholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Richard B. Thompson was appointed as director at FARMERS NATIONAL BANC CORP /OH/.

Action: appointed
Role: director

Exact text from the filing

Mr. Thompson was appointed to the Board to hold office as a Class III director until the Company’s 2022 annual meeting of shareholders and until his successor is duly elected and qualified, or until his earlier death, resignation or removal.

View on SEC.gov

FARMERS NATIONAL BANC CORP /OH/ filing history →

Source: SEC EDGAR

accession 0001193125-21-315409

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