secwatch.observer — SEC 8-K summary
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Issuer:     FARMERS NATIONAL BANC CORP /OH/ (FMNB)
CIK:        0000709337
Form:       8-K
Filed at:   2023-01-25T23:59:59+00:00
Accession:  0001193125-23-014782
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FMNB Q4 2022 EPS $0.39 ($0.42 adj.); net income $13.4M vs $5.7M YoY
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- Net income $13.4M ($0.39 diluted) vs $5.7M ($0.18) in Q4 2021; adjusted EPS $0.42.
- Loan growth excl. PPP of $5.2M; total loans (ex-PPP) $2.40B at Dec 31, 2022.
- Completed Emclaire Financial acquisition Jan 1, 2023 for $1.02B in assets.
- Net interest margin 2.99% vs 3.33% a year ago on deposit competition and rate hikes.
- Non-performing loans $14.8M (0.62% of loans); allowance for credit losses 1.12%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/709337/000119312523014782/0001193125-23-014782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/709337/000119312523014782/d369003d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-014782

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