← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $17.7m |
$18.8m
+6.31%
|
$20.1m
+7.24%
|
$21.3m
+5.89%
|
$21.4m
+0.44%
|
$25.4m
+18.57%
|
$28.1m
+10.82%
|
$179.6m
+538.36%
|
$170.1m
-5.32%
|
$188.6m
+10.87%
|
$223.6m
+18.55%
|
|
| TOTAL INTEREST AND DIVIDEND INCOME | $72.5m |
$80.5m
+11.07%
|
$91.8m
+13.96%
|
$102.0m
+11.14%
|
$112.3m
+10.14%
|
$116.5m
+3.68%
|
$142.1m
+22.01%
|
$213.3m
+50.14%
|
$227.7m
+6.75%
|
$233.8m
+2.66%
|
||
| Noninterest revenue | $17.7m | $18.8m | $20.1m | $21.3m | $21.4m | $25.4m | $28.1m | $32.3m | $35.0m | $46.9m | — | |
| Noninterest income: | ||||||||||||
| TOTAL NONINTEREST INCOME | $23.2m | $24.1m | $25.5m | $28.6m | $37.2m | $38.2m | $44.2m | $41.9m | $41.7m | $46.1m | ||
| NET INTEREST INCOME | $68.1m |
$73.6m
+8.11%
|
$78.5m
+6.59%
|
$82.4m
+4.94%
|
$96.2m
+16.77%
|
$108.0m
+12.27%
|
$124.2m
+14.98%
|
$137.8m
+10.97%
|
$128.4m
-6.84%
|
$142.4m
+10.97%
|
$169.5m
+19.03%
|
|
| Interest Income (Expense), Net | $68.1m |
$73.6m
+8.11%
|
$78.5m
+6.59%
|
$82.4m
+4.94%
|
$96.2m
+16.77%
|
$108.0m
+12.27%
|
$124.2m
+14.98%
|
$137.8m
+10.97%
|
$128.4m
-6.84%
|
$142.4m
+10.97%
|
$269.6m
+89.28%
|
|
| Labor and Related Expense | $31.9m | $34.8m | $36.0m | $37.2m | $39.8m | $39.4m | $45.0m | $57.4m | $58.9m | $62.3m | — | |
| Salaries and employee benefits | $31.9m | $34.8m | $36.0m | $37.2m | $39.8m | $39.4m | $45.0m | $57.4m | $58.9m | $62.3m | — | |
| Amortization of Intangible Assets | $1.5m | $1.5m | $1.4m | $1.3m | $1.3m | $1.4m | $2.0m | $3.4m | $2.9m | $2.9m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | — | $1.2m | $1.4m | $1.4m | — | |
| Noninterest expense: | ||||||||||||
| Operating Expenses | — | — | — | — | — | — | — | — | $214.0m | $214.9m | — | |
| Other operating expenses | $9.5m | $7.3m | $7.7m | $8.8m | $10.8m | $10.7m | $10.6m | $13.4m | $13.8m | $13.7m | — | |
| TOTAL NONINTEREST EXPENSE | $59.5m | $61.6m | $62.7m | $65.5m | $74.0m | $79.2m | $94.4m | $111.8m | $106.7m | $116.5m | ||
| Other operating income | $4.5m | $1.4m | $1.5m | $2.0m | $2.3m | $2.3m | $4.0m | $4.5m | $4.7m | $3.9m | — | |
| Interest expense: | ||||||||||||
| Total interest expense | $4.4m | $6.9m | $13.3m | $19.6m | $16.1m | $8.5m | $17.9m | $75.5m | $99.4m | $91.3m | — | |
| Federal funds sold and other interest income | $166k | $394k | $644k | $729k | $298k | $200k | $684k | $2.5m | $3.7m | $1.8m | — | |
| NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES AND UNFUNDED COMMITMENTS | $64.2m |
$70.3m
+9.41%
|
$75.5m
+7.40%
|
$79.9m
+5.86%
|
$87.1m
+8.96%
|
$103.1m
+18.38%
|
$123.0m
+19.35%
|
$128.6m
+4.54%
|
$120.4m
-6.40%
|
$135.4m
+12.44%
|
$169.5m
+25.24%
|
|
| Debt and Equity Securities, Gain (Loss) | $73k | $4k | $271k | $42k | $380k | $1.0m | ($454k) | ($471k) | ($2.6m) | ($2.2m) | — | |
| Debt Securities, Gain (Loss) | — | — | $283k | ($11k) | ($430k) | $838k | ($415k) | ($498k) | ($2.7m) | — | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | $53k | ($5k) | $166k | ($39k) | $27k | $43k | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $28.0m | $32.8m | $38.3m | $43.1m | $50.3m | $62.1m | $72.8m | $58.7m | $55.4m | $65.0m | $79.5m | |
| Current Income Tax Expense (Benefit) | $8.6m | $9.5m | $6.1m | $7.6m | $9.9m | $10.8m | $10.9m | $9.2m | $7.1m | — | $13.1m | |
| Income Tax Expense (Benefit) | $7.5m | $10.1m | $5.7m | $7.3m | $8.4m | $10.3m | $12.2m | $8.8m | $9.5m | $10.5m | $13.1m | |
| 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%
|
$66.4m
+21.64%
|
|
| Earnings Per Share, Basic | $0.76 | $0.82 | $1.18 | $1.29 | $1.48 | $1.78 | $1.79 | $1.34 | $1.23 | $1.46 | $1.49 | |
| Earnings Per Share, Diluted | $0.76 | $0.82 | $1.16 | $1.28 | $1.47 | $1.77 | $1.79 | $1.33 | $1.22 | $1.45 | $1.48 | |
| Weighted Average Number of Shares Outstanding, Basic | 27.2m | 27.6m | 27.7m | 27.7m | 28.3m | 29.2m | 33.8m | 37.4m | 37.3m | 37.4m | 44.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 27.2m | 27.6m | 28.0m | 27.9m | 28.4m | 29.3m | 33.9m | 37.5m | 37.5m | 37.6m | 44.9m | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | $814k | $831k | $881k | $818k | $795k | $1.3m | $1.8m | $2.4m | $2.7m | $3.4m | — | |
| Business Combination, Acquisition Related Costs | $563k | $888k | ($155k) | — | — | — | — | $5.5m | $92k | $4.0m | — | |
| Depreciation, Depletion and Amortization, Nonproduction | $3.1m | $3.1m | $2.9m | $2.8m | $3.1m | $3.5m | $4.9m | $7.3m | — | — | $3.5m | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Loans, including fees | $63.1m | $69.9m | $79.8m | $89.1m | $98.4m | $94.8m | $107.8m | $171.8m | $185.7m | $191.0m | — | |
| Taxable securities | $5.1m | $4.9m | $4.9m | $4.8m | $5.4m | $11.4m | $20.8m | $26.2m | $26.8m | $29.5m | — | |
| Tax exempt securities | $3.6m | $4.8m | $5.7m | $6.7m | $7.7m | $9.5m | $11.9m | $10.8m | $10.0m | $9.6m | — | |
| Dividends | $1 | $1 | $1 | $1 | $1 | $0 | $1 | $2 | $1 | $2 | — | |
| Deposits | $3.2m | $4.5m | $8.1m | $16.9m | $14.4m | $6.8m | $13.1m | $63.1m | $81.2m | $79.8m | — | |
| Short-term borrowings | $689k | $2.2m | $4.9m | $2.2m | $359k | $7k | $1.4m | $8.4m | $14.1m | $7.6m | — | |
| Long-term borrowings | $468k | $224k | $190k | $498k | $1.4m | $1.7m | $3.4m | $4.1m | $4.1m | $4.0m | — | |
| Provision for credit losses | — | $3.4m | $3.0m | $2.5m | $9.1m | — | $250k | $8.7m | $8.2m | $7.3m | — | |
| (Credit) provision for unfunded commitments | — | — | — | $290k | ($59k) | $244k | $872k | $435k | ($278k) | ($220k) | — | |
| Security (losses), including fair value changes for equity securities | $73k | $4k | $271k | $42k | $380k | $1.0m | ($454k) | ($471k) | ($2.6m) | ($2.2m) | — | |
| 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 | — | |
| Other mortgage banking income, net | — | — | — | — | — | — | $291k | $711k | $435k | $472k | — | |
| Occupancy and equipment | $6.6m | $6.3m | $6.5m | $6.6m | $7.3m | $8.5m | $11.4m | $15.4m | $15.6m | $17.1m | $19.9m | |
| FDIC insurance and state and local taxes | $1.1m | $869k | $899k | $331k | $750k | $582k | $4.0m | $5.8m | $5.0m | $4.7m | — | |
| Professional fees | $2.8m | $2.9m | $2.9m | $3.1m | $2.7m | $4.2m | $6.1m | $4.4m | $4.3m | $4.4m | — | |
| System conversion/ Acquisition related costs | $563k | $888k | ($155k) | — | — | — | — | $5.5m | $92k | $4.0m | — | |
| Advertising | $1.3m | $1.5m | $1.6m | $1.7m | $1.5m | $1.9m | $1.9m | $1.8m | $1.5m | $1.8m | — | |
| Intangible amortization | $1.5m | $1.5m | $1.4m | $1.3m | $1.3m | $1.4m | $2.0m | $3.4m | $2.9m | $2.9m | — | |
| Core processing charges | $2.7m | $2.9m | $3.1m | $3.4m | $3.6m | $3.2m | $3.3m | $4.6m | $4.6m | $5.6m | — |