secwatch.observer — SEC 8-K summary
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Issuer:     FARMERS NATIONAL BANC CORP /OH/ (FMNB)
CIK:        0000709337
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0001193125-22-269061
Event type: earnings
Sentiment:  neutral
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmers National Q3 EPS $0.46, adjusted $0.48; loan growth 4.6% annualized
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- Net income $15.4M vs $16.0M year ago; diluted EPS $0.46 vs $0.56. Adjusted EPS $0.48 excluding merger costs.
- Gross loans (ex-PPP) grew $27.3M in quarter, 4.6% annualized; deposits declined to $3.57B from $3.63B in Q2.
- Net interest margin 3.21% vs 3.49% a year ago; noninterest income down $188K to $8.8M on lower mortgage gains.
- Pending Emclaire merger (EMCF) valued at $1.0B assets; expected to close after regulatory approvals.
- Credit quality improved: NPL ratio 0.54%, NPAs/assets 0.32%; provision for credit losses $448K vs credit of $948K in Q3 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/709337/000119312522269061/0001193125-22-269061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/709337/000119312522269061/d389074d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-269061

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