---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-108542"
form_type: "8-K"
ticker: "FMNB"
cik: "0000709337"
company_name: "FARMERS NATIONAL BANC CORP /OH/"
filed_at: "2024-04-24T23:59:59+00:00"
generated_at: "2026-06-03T10:18:54.372164+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Farmers National Q1 net income $11.2M, EPS $0.30 vs $0.19 YoY; restructures $44.3M securities

## Summary
- Net income $11.2M ($0.30 diluted EPS) vs $7.1M ($0.19) YoY; non-GAAP EPS $0.34 excluding securities sale loss.
- Restructured $44.3M of securities, incurring $2.1M loss, improving yield ~200 bps with about 2.5-year earnback.
- Deposit growth $20.7M (2% annualized); non-performing loans ratio improved to 0.38% from 0.47%.
- Net interest margin declined to 2.70% from 3.07% due to higher funding costs; provision recovery of $449,000.
- Noninterest expense down to $27.0M from $30.7M as no merger charges; 165th consecutive profitable quarter.

## SEC filing metadata
- accession: 0001193125-24-108542
- form_type: 8-K
- ticker: FMNB
- cik: 0000709337
- company_name: FARMERS NATIONAL BANC CORP /OH/
- filed_at: 2024-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709337/000119312524108542/0001193125-24-108542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709337/000119312524108542/d804215d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-108542
- JSON: https://secwatch.observer/filing/0001193125-24-108542.json
- Plain text: https://secwatch.observer/filing/0001193125-24-108542.txt

## Key facts
- Earnings Releases
  FARMERS NATIONAL BANC CORP /OH/ reported the three months ended March 31, 2024 results: net income $11.2 million, EPS $0.30 per diluted share.
  - Period: the three months ended March 31, 2024
  - Net income: $11.2 million
  - EPS: $0.30 per diluted share
  - Result: reported results
  source text: Farmers National Banc Corp. (“Farmers” or the “Company”) (NASDAQ: FMNB) reported net income of $11.2 million, or $0.30 per diluted share, for the three months ended March 31, 2024, compared to $7.1 million, or $0.19 per diluted share, for the three months ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/709337/000119312524108542/0001193125-24-108542-index.htm

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