secwatch.observer — SEC 8-K summary
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Issuer:     FARMERS NATIONAL BANC CORP /OH/ (FMNB)
CIK:        0000709337
Form:       8-K
Filed at:   2021-11-01T23:59:59+00:00
Accession:  0001193125-21-315409
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 2.01, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/709337/000119312521315409/0001193125-21-315409-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/709337/000119312521315409/d211545d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-315409

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer