---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-116884"
form_type: "8-K"
ticker: "FMNB"
cik: "0000709337"
company_name: "FARMERS NATIONAL BANC CORP /OH/"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:21:18.508739+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Farmers National Q1 net income $7.1M ($0.19 diluted); adjusted EPS $0.44; Emclaire deal closed

## Summary
- GAAP net income $7.1M, diluted EPS $0.19; adjusted net income $16.5M, EPS $0.44 (non-GAAP).
- Completed Emclaire acquisition on Jan 1, 2023; transaction value ~$92.6M (4.2M shares + $33.4M cash).
- Repurchased 850,799 shares (2.2% of outstanding) during Q1.
- Total assets $5.11B; customer deposits $4.31B; uninsured deposits 19.2%; additional FHLB capacity $656.1M.
- Net interest margin 3.07% (down from 3.27% YoY); efficiency ratio 53.5% (non-GAAP).

## SEC filing metadata
- accession: 0001193125-23-116884
- form_type: 8-K
- ticker: FMNB
- cik: 0000709337
- company_name: FARMERS NATIONAL BANC CORP /OH/
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709337/000119312523116884/0001193125-23-116884-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709337/000119312523116884/d85507d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-116884
- JSON: https://secwatch.observer/filing/0001193125-23-116884.json
- Plain text: https://secwatch.observer/filing/0001193125-23-116884.txt

## Key facts
- Earnings Releases
  FARMERS NATIONAL BANC CORP /OH/ reported the quarter ended March 31, 2023 results: net income $7.1 million, EPS $0.19 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Net income: $7.1 million
  - EPS: $0.19 per diluted share
  - Result: reported results
  source text: Farmers National Banc Corp. (“Farmers” or the “Company”) (NASDAQ: FMNB) today announced net income of $7.1 million for the three months ended March 31, 2023 compared to $15.8 million for the three months ended March 31, 2022. Diluted earnings per share were $0.19 for the first quarter of 2023 compared to $0.47 for the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/709337/000119312523116884/0001193125-23-116884-index.htm

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