---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-327540"
form_type: "8-K"
ticker: "FMNB"
cik: "0000709337"
company_name: "FARMERS NATIONAL BANC CORP /OH/"
filed_at: "2021-11-12T23:59:59+00:00"
generated_at: "2026-06-28T09:35:13.605091+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Farmers National Banc Corp prices $75M subordinated notes at 3.125% fixed rate

## Summary
- $75M aggregate principal of fixed-to-floating rate subordinated notes due 2031.
- Fixed rate of 3.125% for first 5 years, then 3-month SOFR plus 220 bps quarterly.
- Offering expected to close Nov 17, 2021; net proceeds for general corporate purposes.
- Reference to Cortland Bancorp acquisition as part of capital strategy flexibility.
- Raymond James & Associates acted as sole placement agent.

## SEC filing metadata
- accession: 0001193125-21-327540
- form_type: 8-K
- ticker: FMNB
- cik: 0000709337
- company_name: FARMERS NATIONAL BANC CORP /OH/
- filed_at: 2021-11-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709337/000119312521327540/0001193125-21-327540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709337/000119312521327540/d234219d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-327540
- JSON: https://secwatch.observer/filing/0001193125-21-327540.json
- Plain text: https://secwatch.observer/filing/0001193125-21-327540.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.