Farmers National Banc Corp. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 6, 2026, reporting total assets of $7.12 billion and net income of $14.5 million for the third quarter.

Key Highlights

  • Total assets reached $7,119,363 thousand as of September 30, 2026, up from $5,245,870 thousand at December 31, 2025, according to the filing.
  • Net income for the nine months ended September 30, 2026 was $53,834 thousand, compared to $39,949 thousand for the same period in 2025.
  • Net interest income for the third quarter was $57,942 thousand, compared to $36,307 thousand in the third quarter of 2025.
  • Total loans stood at $4,854,818 thousand as of September 30, 2026, versus $3,304,713 thousand at December 31, 2025.
  • System conversion and acquisition-related costs were $6,106 thousand for the three months ended September 30, 2026, and $11,782 thousand for the nine-month period.
  • Shares outstanding were 59,248,856 as of September 30, 2026, with 59,257,064 shares outstanding as of October 30, 2026.
  • Accumulated other comprehensive loss was $(218,720) thousand at September 30, 2026, compared to $(144,075) thousand at December 31, 2025.

Farmers National Banc Corp. Reports Expanded Balance Sheet and Rising Net Interest Income in Third Quarter 2026

According to the filing, Farmers National Banc Corp. (NASDAQ:FMNB), headquartered at 20 South Broad Street, Canfield, Ohio, reported total assets of $7,119,363 thousand as of September 30, 2026, a significant increase from $5,245,870 thousand at December 31, 2025. The company disclosed that total deposits rose to $5,808,770 thousand from $4,342,778 thousand at year-end 2025. Goodwill increased to $270,507 thousand from $167,450 thousand over the same period, and the filing records a share issuance as part of a business combination of $277,355 thousand in the stockholders' equity statement, which the company disclosed as a driver of expanded common stock.

The filing reported net interest income of $57,942 thousand for the three months ended September 30, 2026, compared to $36,307 thousand for the same quarter in 2025. For the nine months ended September 30, 2026, net interest income was $156,542 thousand versus $105,425 thousand for the prior-year period. Total interest and dividend income for the third quarter was $88,522 thousand, while total interest expense was $30,580 thousand. The provision for credit losses was $2,762 thousand for the third quarter and $3,823 thousand for the nine-month period, the company disclosed.

Noninterest expenses for the three months ended September 30, 2026, totaled $46,642 thousand, with salaries and employee benefits the largest component at $22,542 thousand. The filing noted security losses, including fair value changes for equity securities, of $(10,342) thousand for the third quarter. Total comprehensive loss for the three months ended September 30, 2026, was $(57,496) thousand, driven by net unrealized holding losses on available-for-sale securities of $(101,577) thousand before tax, partially offset by tax effects. Basic and diluted earnings per share for the third quarter were each $0.25, compared to $0.33 for the third quarter of 2025. Authorized shares were increased to 75,000,000 from 50,000,000, as reflected in the balance sheet disclosures.

What Was Disclosed

Farmers National Banc Corp. disclosed its unaudited financial results for the quarter and nine months ended September 30, 2026, showing material growth in assets, loans, and deposits, alongside elevated acquisition-related costs and significant unrealized losses in its available-for-sale securities portfolio.