Farmers National Banc Corp. (FMNB)

Farmers National Banc Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	190.26	185.71	171.81	107.79	94.82	98.38
Interest Income on Investments	42.02	42.02	41.53	34.3	21.64	13.95
Total Interest Income	232.28	227.73	213.34	142.09	116.46	112.33
Interest Paid on Deposits	75.92	81.17	63.11	13.09	6.78	14.38
Interest Paid on Borrowings	18.2	18.2	12.44	4.84	1.69	1.76
Total Interest Expense	94.12	99.36	75.55	17.92	8.47	16.14
Net Interest Income	138.16	128.37	137.79	124.17	107.99	96.19
Net Interest Income Growth (YoY)	7.56%	-6.83%	10.97%	14.98%	12.27%	16.77%
Trust Income	10.68	10.1	9.05	8.46	9.44	7.63
Mortgage Banking Activities	0.65	0.44	0.71	0.29	-0.14	-0.08
Gain (Loss) on Sale of Investments	-2.2	-2.64	-0.47	-0.45	1	0.38
Other Non-Interest Income	27.54	25.01	23.86	20.75	15.94	13.19
Total Non-Interest Income	45.45	41.72	41.86	35.83	38.19	36.16
Non-Interest Income Growth (YoY)	7.03%	-0.35%	16.84%	-6.19%	5.62%	28.95%
Revenues Before Loan Losses	183.61	170.08	179.65	159.99	146.18	132.35
Provision for Loan Losses	5.06	7.97	9.15	1.12	4.89	9.1
Revenue	178.55	162.12	170.49	158.87	141.29	123.25
Revenue Growth (YoY)	9.57%	-4.91%	7.32%	12.44%	14.64%	14.15%
Salaries and Employee Benefits	58.66	56.28	54.76	43.2	38.2	38.38
Occupancy Expenses	16.7	15.59	15.43	11.38	8.49	7.25
Federal Deposit Insurance	4.76	5.03	5.85	3.95	2.86	2.89
Amortization of Goodwill & Intangibles	3.1	2.86	3.43	1.97	1.36	1.33
Selling, General & Administrative	8.21	8.46	8.76	9.88	7.24	5.71
Other Non-Interest Expense	22.03	18.38	18.09	13.96	13.92	14.2
Total Non-Interest Expense	113.46	106.6	106.32	90.34	72.07	69.76
EBT Excluding Unusual Items	65.09	55.52	64.17	68.53	69.22	53.5
Legal Settlements	-	-	-	8.38	-	-
Pretax Income	65	55.43	58.7	72.84	62.11	50.27
Income Tax Expense	10.66	9.48	8.77	12.24	10.27	8.4
Net Income	54.34	45.95	49.93	60.6	51.84	41.88
Net Income to Common	54.34	45.95	49.93	60.6	51.84	41.88
Net Income Growth	17.79%	-7.98%	-17.60%	16.88%	23.80%	17.10%
Basic Shares Outstanding	37	37	37	34	29	28
Diluted Shares Outstanding	38	38	37	34	29	28
Shares Change (YoY)	0.35%	0.04%	10.52%	15.88%	3.12%	1.86%
EPS (Basic)	1.45	1.23	1.34	1.79	1.78	1.48
EPS (Diluted)	1.44	1.22	1.33	1.79	1.77	1.47
EPS Growth	17.07%	-8.27%	-25.70%	1.13%	20.41%	14.84%
Dividend Per Share	0.680	0.680	0.680	0.650	0.470	0.440
Dividend Growth	-	-	4.61%	38.30%	6.82%	15.79%
Effective Tax Rate	16.40%	17.10%	14.93%	16.80%	16.53%	16.70%

Updated Oct 22, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q