FARMERS NATIONAL BANC CORP /OH/
10-Q/A, 1996-02-02
STATE COMMERCIAL BANKS
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                                   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>


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