← FARMERS NATIONAL BANC CORP /OH/

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $17.7m $18.8m $20.1m $21.3m $21.4m $25.4m $28.1m $32.3m $269.4m $279.9m
Operating Expenses — — — — — — — — $214.0m $214.9m
Other operating expenses $9.5m $7.3m $7.7m $8.8m $10.8m $10.7m $10.6m $13.4m $13.8m $13.7m
Noninterest income:
Additional Financial Items
Bank Owned Life Insurance Income $814k $831k $881k $818k $795k $1.3m $1.8m $2.4m $2.7m $3.4m
Amortization of Intangible Assets $1.5m $1.5m $1.4m $1.3m $1.3m $1.4m $2.0m $3.4m $2.9m $2.9m
Debt and Equity Securities, Gain (Loss) $73k $4k $271k $42k $380k $1.0m ($454k) ($471k) ($2.6m) ($2.2m)
Debt Securities, Gain (Loss) — — $283k ($11k) ($430k) $838k ($415k) ($498k) ($2.7m) —
Depreciation, Depletion and Amortization, Nonproduction $3.1m $3.1m $2.9m $2.8m $3.1m $3.5m $4.9m $7.3m — —
Equity Securities, FV-NI, Realized Gain (Loss) — — — $53k ($5k) $166k ($39k) $27k $43k —
Goodwill, Impairment Loss — — — — — $0 $0 — — —
Loans, including fees $63.1m $69.9m $79.8m $89.1m $98.4m $94.8m $107.8m $171.8m $185.7m $191.0m
Taxable securities $5.1m $4.9m $4.9m $4.8m $5.4m $11.4m $20.8m $26.2m $26.8m $29.5m
Tax exempt securities $3.6m $4.8m $5.7m $6.7m $7.7m $9.5m $11.9m $10.8m $10.0m $9.6m
Dividends $1 $1 $1 $1 $1 $0 $1 $2 $1 $2
Federal funds sold and other interest income $166k $394k $644k $729k $298k $200k $684k $2.5m $3.7m $1.8m
Deposits $3.2m $4.5m $8.1m $16.9m $14.4m $6.8m $13.1m $63.1m $81.2m $79.8m
Short-term borrowings $689k $2.2m $4.9m $2.2m $359k $7k $1.4m $8.4m $14.1m $7.6m
Long-term borrowings $468k $224k $190k $498k $1.4m $1.7m $3.4m $4.1m $4.1m $4.0m
NET INTEREST INCOME $68.1m $73.6m $78.5m $82.4m $96.2m $108.0m $124.2m $137.8m $128.4m $142.4m
Provision for credit losses — $3.4m $3.0m $2.5m $9.1m — $250k $8.7m $8.2m $7.3m
(Credit) provision for unfunded commitments — — — $290k ($59k) $244k $872k $435k ($278k) ($220k)
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES AND UNFUNDED COMMITMENTS $64.2m $70.3m $75.5m $79.9m $87.1m $103.1m $123.0m $128.6m $120.4m $135.4m
Noninterest revenue $17.7m $18.8m $20.1m $21.3m $21.4m $25.4m $28.1m $32.3m $35.0m $46.9m
Bank owned life insurance income, including death benefits $814k $831k $881k $818k $795k $1.3m $1.8m $2.4m $2.7m $3.4m
Security (losses), including fair value changes for equity securities $73k $4k $271k $42k $380k $1.0m ($454k) ($471k) ($2.6m) ($2.2m)
Net gains on sale of loans $2.8m $3.1m $2.7m $4.4m $12.3m $8.3m $2.1m $2.4m $1.5m $1.6m
Other mortgage banking income, net — — — — — — $291k $711k $435k $472k
Other operating income $4.5m $1.4m $1.5m $2.0m $2.3m $2.3m $4.0m $4.5m $4.7m $3.9m
Salaries and employee benefits $31.9m $34.8m $36.0m $37.2m $39.8m $39.4m $45.0m $57.4m $58.9m $62.3m
Occupancy and equipment $6.6m $6.3m $6.5m $6.6m $7.3m $8.5m $11.4m $15.4m $15.6m $17.1m
FDIC insurance and state and local taxes $1.1m $869k $899k $331k $750k $582k $4.0m $5.8m $5.0m $4.7m
Professional fees $2.8m $2.9m $2.9m $3.1m $2.7m $4.2m $6.1m $4.4m $4.3m $4.4m
Advertising $1.3m $1.5m $1.6m $1.7m $1.5m $1.9m $1.9m $1.8m $1.5m $1.8m
Intangible amortization $1.5m $1.5m $1.4m $1.3m $1.3m $1.4m $2.0m $3.4m $2.9m $2.9m
Core processing charges $2.7m $2.9m $3.1m $3.4m $3.6m $3.2m $3.3m $4.6m $4.6m $5.6m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $28.0m $32.8m $38.3m $43.1m $50.3m $62.1m $72.8m $58.7m $55.4m $65.0m
TOTAL INTEREST AND DIVIDEND INCOME $72.5m $80.5m $91.8m $102.0m $112.3m $116.5m $142.1m $213.3m $227.7m $233.8m
TOTAL NONINTEREST INCOME $23.2m $24.1m $25.5m $28.6m $37.2m $38.2m $44.2m $41.9m $41.7m $46.1m
INCOME BEFORE INCOME TAXES $28.0m $32.8m $38.3m $43.1m $50.3m $62.1m $72.8m $58.7m $55.4m $65.0m
Net Income (Loss) Attributable to Parent $20.6m $22.7m $32.6m $35.8m $41.9m $51.8m $60.6m $49.9m $45.9m $54.6m
Net Income (Loss) Available to Common Stockholders, Basic $20.6m $22.7m $32.6m $35.8m $41.9m $51.8m $60.6m $49.9m $45.9m $54.6m
Earnings Per Share, Basic $0.76 $0.82 $1.18 $1.29 $1.48 $1.78 $1.79 $1.34 $1.23 $1.46
Earnings Per Share, Diluted $0.76 $0.82 $1.16 $1.28 $1.47 $1.77 $1.79 $1.33 $1.22 $1.45
Weighted Average Number of Shares Outstanding, Basic 27.2m 27.6m 27.7m 27.7m 28.3m 29.2m 33.8m 37.4m 37.3m 37.4m
Weighted Average Number of Shares Outstanding, Diluted 27.2m 27.6m 28.0m 27.9m 28.4m 29.3m 33.9m 37.5m 37.5m 37.6m
Noninterest expense:
Labor and Related Expense $31.9m $34.8m $36.0m $37.2m $39.8m $39.4m $45.0m $57.4m $58.9m $62.3m
Business Combination, Acquisition Related Costs $563k $888k ($155k) — — — — $5.5m $92k $4.0m
Operating Lease, Expense — — — — — — — $1.2m $1.4m $1.4m
System conversion/ Acquisition related costs $563k $888k ($155k) — — — — $5.5m $92k $4.0m
Interest Expense $4.4m $6.9m $13.3m $19.6m $16.1m $8.5m $17.9m $75.5m $99.4m $91.3m
Current Income Tax Expense (Benefit) $8.6m $9.5m $6.1m $7.6m $9.9m $10.8m $10.9m $9.2m $7.1m —
Interest Income (Expense), Net $68.1m $73.6m $78.5m $82.4m $96.2m $108.0m $124.2m $137.8m $128.4m $142.4m
Total interest expense $4.4m $6.9m $13.3m $19.6m $16.1m $8.5m $17.9m $75.5m $99.4m $91.3m
TOTAL NONINTEREST EXPENSE $59.5m $61.6m $62.7m $65.5m $74.0m $79.2m $94.4m $111.8m $106.7m $116.5m
Income Tax Expense (Benefit) $7.5m $10.1m $5.7m $7.3m $8.4m $10.3m $12.2m $8.8m $9.5m $10.5m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.