Farmers National Banc reported FY 2025 net income of USD 54.6 million and diluted EPS of USD 1.45. Net interest income was USD 142.4 million, and the tax-equivalent net interest margin was 2.95%. Noninterest income totaled USD 46.1 million, while noninterest expense was USD 116.5 million, including USD 4.0 million of system conversion and acquisition-related costs tied to its planned core conversion to Jack Henry and the announced plan to acquire Middlefield (announced in October 2025). Income tax expense was USD 10.5 million, with an effective tax rate of 16.1%. For balance sheet highlights at December 31, 2025, total loans were USD 3.30 billion and total deposits were USD 4.34 billion; uninsured deposits were USD 1.49 billion (33.8% of total deposits). The allowance for credit losses was USD 36.8 million (1.11% of total loans), and nonperforming loans were 0.79% of total loans, driven primarily by a single commercial real estate relationship of USD 4.4 million moving to nonaccrual status. The company also said it purchased USD 15.0 million of bank-owned life insurance policies in Q1 2025, contributing to higher bank-owned life insurance income and insurance commissions during the year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Farmers National Banc Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-007084), on March 05, 2026, and is solely responsible for the information contained therein.
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