ADDED
fmnb20251231_10k.htm 0000709337 FARMERS NATIONAL BANC CORP /OH/ false --12-31 FY 2025 In the ordinary course of its business, the Bank relies on electronic communications and information systems to conduct its operations and to store sensitive data, and employs a variety of preventative and detective tools to monitor, block, and provide alerts regarding suspicious activity, as well as to report on any suspected advanced persistent threats.
true true false true The Chief Risk Officer is responsible for overseeing the assessment and management of the Company's information security program.
The Chief Information Officer is responsible for execution, management, and administration of the information security tools and defenses of the program.
The Chief Risk Officer is responsible for overseeing the assessment and management of the Company's information security program.
The Chief Information Officer is responsible for execution, management, and administration of the information security tools and defenses of the program.
The Chief Risk Officer is responsible for overseeing the assessment and management of the Company's information security program.
The Chief Information Officer is responsible for execution, management, and administration of the information security tools and defenses of the program.
true The Chief Risk Officer is responsible for overseeing the assessment and management of the Company's information security program.
The Chief Information Officer is responsible for execution, management, and administration of the information security tools and defenses of the program.
The Chief Risk Officer is responsible for overseeing the assessment and management of the Company's information security program.
REMOVED
As of June 30, 2024, the estimated aggregate market value of the registrant s common shares, no par value (the only common equity of the registrant), held by non-affiliates of the registrant was approximately $ 450.8 million based upon the last sales price as of June 28, 2024 reported on NASDAQ.
The Farmers National Bank of Canfield On January 1, 2023, Farmers National Banc Corp.
(the Company ) completed its previously announced merger with Emclaire Financial Corp., a Pennsylvania corporation and registered financial holding company ( Emclaire ), pursuant to the Agreement and Plan of Merger dated as of March 23, 2022, by and among the Company, FMNB Merger Subsidiary V, LLC, a wholly owned subsidiary of Farmers ( Merger Sub ), and Emclaire (the Merger Agreement ).
Pursuant to the terms of the Merger Agreement, at the effective time of the Merger (the Effective Time ) Emclaire merged with and into Merger Sub (the Merger ), with Merger Sub as the surviving entity in the Merger.
Promptly following the consummation of the Merger, Merger Sub was dissolved and liquidated and The Farmers National Bank of Emlenton, the banking subsidiary of Emclaire, merged with and into The Farmers National Bank of Canfield, the national banking subsidiary of the Company ( Farmers Bank ), with Farmers Bank as the surviving bank.
Emclaire operated 19 branches in ten counties throughout western Pennsylvania.
1 The Bank is a full-service national banking association engaged in commercial and retail banking mainly in the northeastern region of Ohio and the western region of Pennsylvania.
Captive was formed during 2016 and operated until November 20, 2023 when the Company dissolved the entity.
During its operation Captive was a wholly-owned insurance subsidiary of the Company that provided property and casualty insurance coverage to the Company and its subsidiaries.
The Captive pooled resources with similar insurance company subsidiaries of financial institutions to spread a limited amount of risk among themselves and to provide insurance where not available or economically feasible.