secwatch.observer — SEC 8-K summary
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Issuer:     FARMERS NATIONAL BANC CORP /OH/ (FMNB)
CIK:        0000709337
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0001193125-22-121661
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmers National Q1 adj EPS $0.51 flat YoY; Emclaire acquisition expected H2 2022
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- GAAP diluted EPS $0.47 vs $0.51 YoY; adjusted EPS (non-GAAP) $0.51 flat.
- Net income $15.8M; net interest income $31.2M; total assets $4.21B.
- Efficiency ratio (adj) 48.2%; ROAA (adj) 1.65%; ROATE (adj) 19.5%.
- Completed Cortland integration; announced Emclaire Financial (EMCF) acquisition ($1.1B assets, 19 PA branches).
- NPLs declined to 0.61% of loans; allowance for credit losses 1.17%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/709337/000119312522121661/0001193125-22-121661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/709337/000119312522121661/d346844d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-121661

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