Farmers National Banc Corp. filed its quarterly report on Form 10-Q with the SEC for the period ended June 30, 2026, disclosing financial results that reflect a significant expansion in total assets and net income compared to the prior-year period.

Key Highlights

  • Total assets reached $7.14 billion as of June 30, 2026, up from $5.25 billion at December 31, 2025, according to the filing.
  • Net income for the six months ended June 30, 2026 was $39.299 million, compared to $27.488 million for the same period in 2025.
  • Net interest income for Q2 2026 was $56.032 million, versus $34.921 million in Q2 2025.
  • Total loans grew to $4.776 billion at June 30, 2026, from $3.305 billion at December 31, 2025.
  • Diluted earnings per share were $0.39 for Q2 2026 and $0.76 for the first six months of 2026, the filing stated.
  • System conversion and acquisition-related costs totaled $5.676 million for the six months ended June 30, 2026, with no comparable costs in 2025.
  • Common shares outstanding were 59,232,793 at June 30, 2026, up from 37,653,183 at December 31, 2025, reflecting a share issuance as part of a business combination.

Farmers National Banc Corp. Balance Sheet and Income Detail for the June 2026 Quarter

According to the filing, Farmers National Banc Corp. (NASDAQ: FMNB) reported total assets of $7.140 billion at June 30, 2026, compared to $5.246 billion at December 31, 2025. The company disclosed that total deposits rose to $5.831 billion from $4.343 billion over the same interval, with interest-bearing deposits accounting for $4.463 billion at the end of the quarter. Goodwill increased to $271.383 million from $167.450 million, and other intangibles, net, rose to $35.617 million from $17.851 million, reflecting the business combination noted in the equity statement.

The income statement showed total interest and dividend income of $86.094 million for the three months ended June 30, 2026, versus $57.702 million in the year-ago quarter. Total interest expense for Q2 2026 was $30.062 million, compared to $22.781 million in Q2 2025, resulting in net interest income of $56.032 million for the quarter. For the six-month period, net interest income was $98.599 million versus $69.117 million a year earlier. The provision for credit losses was $2.074 million for Q2 2026 and $1.061 million for the first half of 2026, the filing reported.

Noninterest income for the six months ended June 30, 2026 totaled $28.100 million, up from $22.603 million in the comparable 2025 period. Total noninterest expenses for the first half of 2026 were $78.191 million versus $55.701 million a year prior, with salaries and employee benefits reaching $39.823 million and acquisition-related costs of $5.676 million disclosed separately. The allowance for credit losses stood at $53.285 million at June 30, 2026, compared to $36.811 million at December 31, 2025. Total stockholders' equity was $783.952 million at June 30, 2026, versus $485.725 million at year-end 2025. Dividends paid during the first quarter of 2026 were $0.17 per share, according to the equity rollforward.

What Was Disclosed

Farmers National Banc Corp. disclosed its unaudited consolidated financial statements for the quarter and six months ended June 30, 2026, showing growth in assets, loans, deposits, net interest income, and net income, along with acquisition-related costs tied to a business combination completed during the period.