secwatch.observer — SEC 8-K summary
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Issuer:     FARMERS NATIONAL BANC CORP /OH/ (FMNB)
CIK:        0000709337
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0001437749-26-012964
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmers National Q1 EPS $0.36 ($0.45 adj); NIM expands to 3.12%; acquires Middlefield
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- Net income $16.3M ($0.36 GAAP EPS); adjusted EPS $0.45 excluding $4.0M acquisition/conversion costs.
- Net interest margin improved to 3.12% from 2.85% YoY; expects ~25 bps expansion in Q2 2026.
- Closed Middlefield Banc Corp. acquisition on March 2, 2026, adding $1.82B in assets and $1.49B in deposits.
- Total assets grew to $7.18B (+37% from Dec 2025); loans $4.75B; deposits $5.92B.
- Non-performing loans rose to $59.9M (1.25% of loans) due to acquired portfolio; provision recovery $1.0M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/709337/000143774926012964/0001437749-26-012964-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/709337/000143774926012964/fmnb20260421_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-012964

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer