secwatch.observer — SEC 8-K summary
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Issuer:     FARMERS NATIONAL BANC CORP /OH/ (FMNB)
CIK:        0000709337
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0001193125-23-116884
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/709337/000119312523116884/0001193125-23-116884-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/709337/000119312523116884/d85507d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-116884

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