FARMERS NATIONAL BANC CORP /OH/ (FMNB): M&A transaction — Farmers National Banc Corp. completes Emclaire merger; adds $5B assets, new board member

FARMERS NATIONAL BANC CORP /OH/

Each Emclaire share exchanged for $40 cash or 2.15 FMNB shares; 70% stock/30% cash mix.
Emclaire CEO William C. Marsh joins Farmers as SVP, Market President – Pennsylvania.
Nicholas D. Varischetti appointed to Farmers Board of Directors, effective Jan 1, 2023.
Combined entity has over $5.0B banking assets and $2.9B wealth management AUM with 65 branches.
Emclaire shares (EMCF) have ceased trading on Nasdaq following merger close.

item 2.01 item 5.02 item 7.01 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Nicholas D. Varischetti

Director

FMNB · FARMERS NATIONAL BANC CORP /OH/

Effective: 2023-01-01
Filed: January 3, 2023, 6:59 PM ET

the board of directors of the Company (the “Board”), appointed former Emclaire board member Nicholas D. Varischetti to the Board to hold office as a Class II director

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Nicholas D. Varischetti was appointed as Director at FARMERS NATIONAL BANC CORP /OH/.

Action: appointed
Role: Director

Exact text from the filing

the board of directors of the Company (the “Board”), appointed former Emclaire board member Nicholas D. Varischetti to the Board to hold office as a Class II director

View on SEC.gov

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

FARMERS NATIONAL BANC CORP /OH/ completed an acquisition involving Emclaire Financial Corp. (closed 2023-01-01).

Action: acquisition
Counterparty: Emclaire Financial Corp.
Closing: 2023-01-01

Exact text from the filing

On January 1, 2023, Farmers National Banc Corp. (the “ Company ”) completed its previously announced merger with Emclaire Financial Corp.

View on SEC.gov

28 m&a transactions filed in the last 30 days. Browse all m&a transactions →

FARMERS NATIONAL BANC CORP /OH/ filing history →

Source: SEC EDGAR

accession 0001193125-23-000285

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.