---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-332498"
form_type: "8-K"
ticker: "FMNB"
cik: "0000709337"
company_name: "FARMERS NATIONAL BANC CORP /OH/"
filed_at: "2021-11-17T23:59:59+00:00"
generated_at: "2026-06-28T07:32:35.849073+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Farmers National Bancorp issues $75M subordinated notes due 2031 at 3.125%

## Summary
- $75M aggregate principal of 3.125% fixed-to-floating rate subordinated notes due Dec 15, 2031 issued Nov 17, 2021.
- Notes initially bear 3.125% interest; from Dec 15, 2026 floating at 3-month SOFR + 220 bps, reset quarterly.
- Proceeds to be used for common stock repurchase and general corporate purposes.
- Notes are subordinated, unsecured, qualify as Tier 2 capital; redeemable at par from Dec 15, 2026 subject to Fed approval.

## SEC filing metadata
- accession: 0001193125-21-332498
- form_type: 8-K
- ticker: FMNB
- cik: 0000709337
- company_name: FARMERS NATIONAL BANC CORP /OH/
- filed_at: 2021-11-17T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709337/000119312521332498/0001193125-21-332498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709337/000119312521332498/d233579d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-332498
- JSON: https://secwatch.observer/filing/0001193125-21-332498.json
- Plain text: https://secwatch.observer/filing/0001193125-21-332498.txt

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