← FARMERS NATIONAL BANC CORP /OH/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $20.6m |
$22.7m
+10.48%
|
$32.6m
+43.41%
|
$35.8m
+9.80%
|
$41.9m
+17.10%
|
$51.8m
+23.80%
|
$60.6m
+16.88%
|
$49.9m
-17.60%
|
$45.9m
-7.98%
|
$54.6m
+18.80%
|
— | |
| Depreciation, Depletion and Amortization | $3.1m | $3.1m | $2.9m | $2.8m | $3.1m | $3.5m | $4.9m | $7.3m | $6.4m | $6.8m | $8.1m | |
| Depreciation, Amortization and Accretion, Net | $3.7m | $3.1m | $3.0m | $2.8m | $3.1m | $3.5m | $4.9m | $7.3m | $6.4m | $6.8m | $8.1m | |
| Amortization of Intangible Assets | $1.5m | $1.5m | $1.4m | $1.3m | $1.3m | $1.4m | $2.0m | $3.4m | $2.9m | $2.9m | — | |
| Depreciation, Nonproduction | $1.7m | $1.6m | $1.5m | $1.5m | $1.5m | $1.8m | $2.5m | $3.4m | $3.1m | — | $8.1m | |
| Net amortization (accretion) of securities | $2.2m | $1.8m | $2.8m | $2.3m | $2.3m | $3.6m | $4.8m | $925k | $554k | ($820k) | — | |
| Deferred Income Tax Expense (Benefit) | ($1.2m) | $618k | ($409k) | ($311k) | ($1.5m) | ($524k) | $1.4m | ($464k) | $2.4m | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $892k | $2.4m | $1.7m | $1.4m | $1.4m | $1.2m | $1.8m | $2.6m | $2.6m | $2.5m | $2.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | — | $880k | $1.1m | — | |
| Stock compensation expense | $892k | $2.4m | $1.7m | $1.4m | $1.4m | $1.2m | $1.8m | $2.6m | $2.6m | $2.5m | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Net change in other assets and liabilities | ($7.5m) | ($2.1m) | ($911k) | ($3.9m) | ($5.4m) | ($8.1m) | $10.1m | ($3.9m) | $4.4m | ($10.8m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $24.3m |
$30.6m
+25.81%
|
$40.0m
+30.83%
|
$38.8m
-3.07%
|
$50.0m
+29.02%
|
$54.9m
+9.85%
|
$83.7m
+52.34%
|
$62.3m
-25.55%
|
$66.6m
+6.92%
|
$60.0m
-9.87%
|
$64.5m
+7.35%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | ($26k) | ($77k) | ($247k) | $20k | ($316k) | ($490k) | — | ($623k) | |
| Payments to Acquire Property, Plant, and Equipment | $788k | $956k | $450k | $1.5m | $3.7m | $1.4m | $5.5m | $3.9m | $11.7m | $7.9m | ($3.8m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | — | — | — | — | ($59k) | ($623k) | |
| Losses on premises and equipment sales and disposals, net | — | — | — | — | — | $247k | ($20k) | $316k | $490k | $59k | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $59.9m | $43.1m | $37.0m | $35.6m | $61.1m | $74.4m | $78.3m | $58.6m | $58.9m | $79.1m | — | |
| Payments to Acquire Investments | $3.4m | $5.0m | $6.0m | $6.7m | $7.2m | $10.0m | $16.2m | $16.4m | $16.6m | — | ($140.8m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $1.1m | ($16.2m) | $0 | $0 | $3.1m | — | — | — | — | — | $0 | |
| NET CASH (USED IN) FROM INVESTING ACTIVITIES | ($115.2m) | ($137.1m) | ($179.3m) | ($93.1m) | ($160.8m) | ($423.6m) | ($208.5m) | $77.9m | ($95.1m) | ($78.8m) | ||
| Net Cash Provided by (Used in) Investing Activities | — | — | ($179.3m) | ($93.1m) | ($160.8m) | ($423.6m) | ($208.5m) | $77.9m | ($95.1m) | ($78.8m) | $77.8m | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | $271k | $42k | $380k | $1.0m | ($454k) | ($471k) | ($2.6m) | ($2.2m) | — | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | — | — | — | $444k | $0 | — | |
| Proceeds from Issuance of Long-term Debt | $0 | $0 | — | — | — | — | — | — | — | — | $0 | |
| Gain on debt extinguishment | — | — | — | — | — | — | $0 | $0 | ($444k) | $0 | — | |
| Net change in short-term borrowings | ($27.4m) | $91.1m | ($44.8m) | ($167.7m) | ($49.5m) | ($6.8m) | $95.0m | $185.0m | ($50.0m) | ($24.0m) | — | |
| Payments for Repurchase of Common Stock | $168k | $0 | $1.2m | $2.8m | $14.2m | $164k | $0 | $11.5m | $0 | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $4 | $6 | $8 | $11 | $13 | $14 | $22 | $25 | $25 | $25 | ($29.1m) | |
| Payments of Dividends | $4 | $6 | $8 | $11 | $13 | $14 | $22 | $25 | $25 | $25 | ($29.1m) | |
| Cash dividends paid | ($4) | ($6) | ($8) | ($11) | ($13) | ($14) | ($22) | ($25) | ($25) | ($25) | ($29.1m) | |
| NET CASH FROM (USED IN) FINANCING ACTIVITIES | $76.7m |
$122.4m
+59.63%
|
$139.6m
+14.11%
|
$67.2m
-51.86%
|
$294.7m
+338.39%
|
$226.8m
-23.02%
|
$87.5m
-61.42%
|
($112.1m)
-228.11%
|
$10.6m
+109.44%
|
$25.4m
+140.08%
|
||
| Net Cash Provided by (Used in) Financing Activities | — | — | $139.6m |
$67.2m
-51.86%
|
$294.7m
+338.39%
|
$226.8m
-23.02%
|
$87.5m
-61.42%
|
($112.1m)
-228.11%
|
$10.6m
+109.44%
|
$25.4m
+140.08%
|
($68.3m)
-368.53%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | $12.8m | $183.9m | ($141.8m) | ($37.2m) | $28.1m | ($17.9m) | $6.6m | $164.8m | |
| Beginning cash and cash equivalents | $56.0m | $41.8m | $57.6m | $57.9m | $70.8m | $254.6m | $75.6m | $103.7m | $85.7m | $92.4m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | $1.1m | $9.2m | — | — | $5.1m | |
| Bank Owned Life Insurance Income | $814k | $831k | $881k | $818k | $795k | — | — | — | — | $3.4m | — | |
| Gain (Loss) on Sales of Loans, Net | $2.8m | $3.1m | $2.7m | $4.4m | $12.3m | $8.3m | $2.1m | $2.4m | $1.5m | $1.6m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $4.3m | $6.8m | $12.9m | $19.5m | $16.5m | $8.5m | $16.5m | $78.5m | $101.2m | $89.3m | — | |
| Income Taxes Paid, Net | $9.4m | $8.8m | $7.3m | $6.5m | $9.0m | $12.5m | $10.1m | $6.7m | ($880k) | $3.2m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Gain (Loss) | — | — | ($12k) | — | — | — | — | — | — | $87k | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $53k | ($5k) | $166k | ($39k) | $27k | $43k | — | — | |
| Gain (Loss) on Sale of Properties | ($277k) | ($20k) | $16k | ($45k) | $38k | $0 | $0 | — | — | — | — | |
| Gain (Loss) on Disposition of Assets for Financial Service Operations | $238k | ($53k) | $0 | — | — | — | — | — | — | — | — | |
| Goodwill | $37.2m | $38.2m | $38.2m | $38.2m | $45.8m | $94.2m | $94.6m | $167.4m | $167.4m | $167.4m | — | |
| Income Tax Expense (Benefit) | $7.5m | $10.1m | $5.7m | $7.3m | $8.4m | $10.3m | $12.2m | $8.8m | $9.5m | $10.5m | — | |
| Operating Expenses | — | — | — | — | — | — | — | — | $214.0m | $214.9m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | — | $1.2m | $1.4m | $1.4m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | $2.5m | $9.1m | — | — | $8.7m | $8.2m | $7.3m | — | |
| Provision for credit losses | — | $3.4m | $3.0m | $2.5m | $9.1m | $4.6m | $250k | $8.7m | $8.2m | $7.3m | — | |
| (Credit) provision for unfunded commitments | — | — | — | — | ($59k) | $244k | $872k | $435k | ($278k) | ($220k) | — | |
| Available for sale security losses | — | — | — | — | — | ($838k) | $415k | $498k | $2.7m | $2.3m | — | |
| Realized gains on equity securities | $0 | $0 | $12k | — | — | — | — | ($27k) | ($43k) | ($87k) | — | |
| Earnings on bank owned life insurance | ($814k) | ($831k) | ($881k) | ($818k) | ($795k) | ($1.3m) | ($1.6m) | ($2.3m) | ($2.6m) | ($3.3m) | — | |
| Income recognized from death benefit on bank owned life insurance | — | — | — | $0 | $0 | ($40k) | ($184k) | ($105k) | ($81k) | ($110k) | — | |
| Origination of loans held for sale | ($64.6m) | ($56.8m) | ($79.0m) | ($75.6m) | ($245.1m) | ($398.0m) | ($102.2m) | ($64.6m) | ($74.5m) | ($92.4m) | — | |
| Proceeds from loans held for sale | $68.9m | $60.0m | $80.8m | $78.6m | $255.2m | $406.4m | $106.0m | $64.9m | $74.7m | $95.9m | $47.3m | |
| Net gains on sale of loans | ($2.8m) | ($3.1m) | ($2.7m) | ($4.4m) | ($12.3m) | ($8.3m) | ($2.1m) | ($2.4m) | ($1.5m) | ($1.6m) | — | |
| Proceeds from maturities and repayments of securities available for sale | $59.9m | $43.1m | $37.0m | $35.6m | $61.1m | $74.4m | $78.3m | $58.6m | $58.9m | $79.1m | — | |
| Proceeds from sales of securities available for sale | $11.5m | $54.5m | $16.2m | $33.4m | $60.3m | $35.2m | $37.2m | $85.3m | $49.7m | $53.5m | — | |
| Purchases of securities available for sale | ($52.6m) | ($114.6m) | ($69.2m) | ($83.0m) | ($176.2m) | ($849.9m) | ($239.2m) | ($650k) | ($105.8m) | ($148.6m) | — | |
| Proceeds from sale of equity securities | $0 | $0 | $79k | $1.3m | $67k | $258k | $72k | $69k | $61k | $79k | — | |
| Purchases of equity securities | $0 | $0 | ($1.6m) | ($1.9m) | ($842k) | ($68k) | ($78k) | ($70k) | ($69k) | ($85k) | — | |
| Purchases of restricted stock | ($200k) | ($842k) | ($1.2m) | $0 | ($2.8m) | ($22k) | ($5.8m) | ($30.3m) | ($21.3m) | ($19.6m) | — | |
| Proceeds from redemption of restricted stock | — | — | — | — | — | — | — | $36.1m | $10.8m | $20.8m | — | |
| Loan originations and payments, net | ($133.2m) | ($132.6m) | ($160.2m) | ($77.6m) | ($86.7m) | $231.5m | ($77.2m) | ($61.9m) | ($70.3m) | ($36.6m) | — | |
| Purchase of portfolio loans | — | — | — | — | — | — | $0 | $0 | ($8.1m) | ($8.0m) | — | |
| Proceeds from loans held for sale previously classified as portfolio loans | — | — | — | — | — | $0 | $0 | $6.8m | $1.6m | $3.8m | $47.3m | |
| Proceeds from BOLI death benefit | — | — | — | — | — | — | — | $419k | $730k | $460k | — | |
| Purchase of company owned life insurance | — | — | — | — | — | — | — | $0 | $0 | ($15.0m) | — | |
| Proceeds from land and building sales | $479k | $439k | $0 | $252k | $502k | $37k | $1.4m | $533k | $331k | $298k | — | |
| Net cash paid in business combinations | — | — | $0 | $0 | ($3.1m) | $83.8m | ($1.0m) | ($13.2m) | ($600k) | $0 | — | |
| Net change in deposits | $115.7m | $45.4m | $195.0m | $209.2m | $418.7m | $241.1m | $14.5m | ($260.2m) | $89.4m | $76.0m | — | |
| Redemption of subordinated debentures | — | — | — | — | — | — | $0 | $0 | ($2.5m) | $0 | — | |
| Repurchase of common shares | ($168k) | $0 | ($1.2m) | ($2.8m) | ($14.2m) | ($164k) | $0 | ($11.5m) | $0 | $0 | — | |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | ($14.2m) | $15.8m | $312k | $12.8m | $183.9m | ($141.8m) | ($37.2m) | $28.1m | ($17.9m) | $6.6m | ||
| Issuance of stock for business combinations | $1.1m | $6.4m | $0 | $0 | $22.6m | $98.9m | $0 | $59.2m | $0 | $0 | — | |
| Issuance of stock awards | $0 | $139k | $2.4m | $1.2m | $1.7m | $2.1m | $2.2m | $1.9m | $2.4m | $1.9m | — | |
| Transfer of loans to loans held for sale | — | — | — | — | — | $0 | $0 | $7.5m | $1.6m | $2.1m | — | |
| Lease liabilities assumed from obtaining right-of-use assets | — | — | — | — | — | $0 | $1.6m | $1.3m | $2.2m | $998k | — |