---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-000285"
form_type: "8-K"
ticker: "FMNB"
cik: "0000709337"
company_name: "FARMERS NATIONAL BANC CORP /OH/"
filed_at: "2023-01-03T23:59:59+00:00"
generated_at: "2026-06-20T21:07:31.369200+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Farmers National Banc Corp. completes Emclaire merger; adds $5B assets, new board member

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-000285
- form_type: 8-K
- ticker: FMNB
- cik: 0000709337
- company_name: FARMERS NATIONAL BANC CORP /OH/
- filed_at: 2023-01-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709337/000119312523000285/0001193125-23-000285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709337/000119312523000285/d437945d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-000285
- JSON: https://secwatch.observer/filing/0001193125-23-000285.json
- Plain text: https://secwatch.observer/filing/0001193125-23-000285.txt

## Key facts
- Executive change
  Nicholas D. Varischetti was appointed as Director at FARMERS NATIONAL BANC CORP /OH/.
  - Action: appointed
  - Role: Director
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/709337/000119312523000285/0001193125-23-000285-index.htm
- M&A Transactions
  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
  source text: On January 1, 2023, Farmers National Banc Corp. (the “ Company ”) completed its previously announced merger with Emclaire Financial Corp.
  evidence_url: https://www.sec.gov/Archives/edgar/data/709337/000119312523000285/0001193125-23-000285-index.htm

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