FORM 10-Q/A
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Quarterly Report Under Section 13 or 15(d) of the
Securities Exchange Act of 1934
For the Quarter ended September 30, 1995 Commission file number 2-80339
FARMERS NATIONAL BANC CORP.
(Exact name of registrant as specified in its charter)
OHIO 34-1371693
(State or other jurisdiction of (I.R.S. Employer Identification No)
incorporation or organization)
20 South Broad Street
Canfield, OH 44406 44406
(Address of principal executive offices) (Zip Code)
(216) 533-3341
(Registrant's telephone number, including area code)
Not applicable
(Former name, former address and former fiscal year,
if changed since last report)
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.
Yes X No _____
Indicate the number of shares outstanding of each of the issuer's classes of
common stock.
Class Outstanding at September 30, 1995
Common Stock, $2.50 Par Value 1,597,850 shares
PART I - FINANCIAL INFORMATION
Item 1. Financial Statements Page
Included in Part I of this report:
Farmers National Banc Corp. and Subsidiary
Consolidated Balance Sheets 1
Consolidated Statements of Income 2
Consolidated Statements of Cash Flows 3
Notes to Consolidated Financial Statements 4-5
Item 2. Management's Discussion and Analysis of Financial
Condition and Results of Operations 6-10
PART II - OTHER INFORMATION
Other Information and Signatures 11-13
Schedule 27 14
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
FARMERS NATIONAL BANC CORP.
Dated: ___________________ ______________________________________
William D. Stewart
President and Secretary
Dated: ___________________ ______________________________________
Gene A. Dean
Comptroller, Farmers National Banc Corp.
13
<TABLE> <S> <C>
<ARTICLE> 9
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000709337
<NAME> FARMERS NATIONAL BANC CORP
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-START> JUL-01-1995
<PERIOD-END> SEP-30-1995
<CASH> 12,198
<INT-BEARING-DEPOSITS> 0
<FED-FUNDS-SOLD> 16,847
<TRADING-ASSETS> 0
<INVESTMENTS-HELD-FOR-SALE> 35,365
<INVESTMENTS-CARRYING> 10,179
<INVESTMENTS-MARKET> 10,294
<LOANS> 226,787
<ALLOWANCE> 2,974
<TOTAL-ASSETS> 306,025
<DEPOSITS> 260,519
<SHORT-TERM> 11,876
<LIABILITIES-OTHER> 1,127
<LONG-TERM> 0
<COMMON> 18,530
0
0
<OTHER-SE> 13,973
<TOTAL-LIABILITIES-AND-EQUITY> 306,025
<INTEREST-LOAN> 4,752
<INTEREST-INVEST> 885
<INTEREST-OTHER> 0
<INTEREST-TOTAL> 5,637
<INTEREST-DEPOSIT> 2,414
<INTEREST-EXPENSE> 2,544
<INTEREST-INCOME-NET> 3,093
<LOAN-LOSSES> 60
<SECURITIES-GAINS> 0
<EXPENSE-OTHER> 1,986
<INCOME-PRETAX> 1,384
<INCOME-PRE-EXTRAORDINARY> 1,384
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 944
<EPS-PRIMARY> .60
<EPS-DILUTED> .60
<YIELD-ACTUAL> 7.57
<LOANS-NON> 112
<LOANS-PAST> 1,670
<LOANS-TROUBLED> 0
<LOANS-PROBLEM> 0
<ALLOWANCE-OPEN> 2,929
<CHARGE-OFFS> 58
<RECOVERIES> 43
<ALLOWANCE-CLOSE> 2,974
<ALLOWANCE-DOMESTIC> 2,974
<ALLOWANCE-FOREIGN> 0
<ALLOWANCE-UNALLOCATED> 0
</TABLE>