---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-031462"
form_type: "8-K"
ticker: "FMNB"
cik: "0000709337"
company_name: "FARMERS NATIONAL BANC CORP /OH/"
filed_at: "2025-10-22T23:59:59+00:00"
generated_at: "2026-05-17T02:53:18.125680+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Farmers National to acquire Middlefield Banc for ~$299M; Q3 adjusted EPS $0.42

## Summary
- All-stock deal: 2.6 Farmers shares per Middlefield share, valued at ~$299M; expected close Q1 2026.
- Combined pro forma assets ~$7.4B, 83 branches across Ohio and Pennsylvania.
- Q3 GAAP net income $12.5M ($0.33 EPS) vs $8.5M ($0.23) YoY; adjusted EPS $0.42 excluding $4.1M charges.
- Net interest margin improved to 3.00% from 2.66% YoY; loans grew $34.4M (4.2% annualized) driven by commercial.
- Non-performing loans rose to $35.3M (1.06% of loans) from $27.8M due to single $7.3M apartment loan in Michigan.

## SEC filing metadata
- accession: 0001437749-25-031462
- form_type: 8-K
- ticker: FMNB
- cik: 0000709337
- company_name: FARMERS NATIONAL BANC CORP /OH/
- filed_at: 2025-10-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/709337/000143774925031462/0001437749-25-031462-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/709337/000143774925031462/fmnb20251020_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-031462
- JSON: https://secwatch.observer/filing/0001437749-25-031462.json
- Plain text: https://secwatch.observer/filing/0001437749-25-031462.txt

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