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Parent Company Only Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract] |
Schedule of Parent Company Only Condensed Financial Information | Below is condensed financial information of Farmers National Banc Corp. (parent company only). This information should be read in conjunction with the consolidated financial statements and related notes.
December 31, |  | 2022 |  |  | 2021 |
BALANCE SHEETS |  |  |  |  |  |
Assets: |  |  |  |  |  |
Cash |  | $ | 104,497 |  |  | $ | 92,076 |
Investment in subsidiaries |  |  |  |  |  |
Bank |  |  | 261,631 |  |  |  | 453,695 |
Farmers Trust |  |  | 13,598 |  |  |  | 13,667 |
Captive |  |  | 2,722 |  |  |  | 2,588 |
Other investments |  |  | 600 |  |  |  | 0 |
Total assets |  | $ | 383,048 |  |  | $ | 562,026 |
Liabilities: |  |  |  |  |  |
Other liabilities |  | $ | 2,542 |  |  | $ | 1,836 |
Subordinated debt |  |  | 88,211 |  |  |  | 87,758 |
Total liabilities |  |  | 90,753 |  |  |  | 89,594 |
Total stockholders' equity |  |  | 292,295 |  |  |  | 472,432 |
Total liabilities and stockholders' equity |  | $ | 383,048 |  |  | $ | 562,026 |
STATEMENTS OF INCOME |  |  |  |  |  |  |  |  |
Years ended December 31, |  |  | 2022 |  |  | 2021 |  |  | 2020 |
Income: |  |  |  |  |  |  |  |  |
Dividends from subsidiaries |  |  |  |  |  |  |  |  |
Bank |  | $ | 30,000 |  |  | $ | 45,620 |  |  | $ | 28,646 |
Farmers Trust |  |  | 8,000 |  |  |  | 2,800 |  |  |  | 2,300 |
Captive Insurance |  |  | 1,400 |  |  |  | 1,135 |  |  |  | 1,000 |
Interest and dividends on securities |  |  | 0 |  |  |  | 11 |  |  |  | 12 |
Security gains/(losses) |  |  | 0 |  |  |  | 130 |  |  |  | (28 | )
Total Income |  |  | 39,400 |  |  |  | 49,696 |  |  |  | 31,930 |
Interest on borrowings |  |  | (3,428 | ) |  |  | (918 | ) |  |  | (361 | )
Other expenses |  |  | (3,451 | ) |  |  | (2,792 | ) |  |  | (2,746 | )
Income before income tax benefit and undistributed subsidiary income |  |  | 32,521 |  |  |  | 45,986 |  |  |  | 28,823 |
Income tax benefit |  |  | 1,345 |  |  |  | 611 |  |  |  | 592 |
Equity in undistributed net income of subsidiaries (dividends in excess of net income) |  |  |  |  |  |  |  |  |
Bank |  |  | 25,935 |  |  |  | 4,412 |  |  |  | 12,244 |
Farmers Trust |  |  | 662 |  |  |  | 412 |  |  |  | 237 |
Captive |  |  | 134 |  |  |  | 423 |  |  |  | (20 | )
Net Income |  | $ | 60,597 |  |  | $ | 51,844 |  |  | $ | 41,876 |
STATEMENTS OF CASH FLOWS |  |  |  |  |  |  |  |  |
Years ended December 31, |  |  | 2,022 |  |  | 2021 |  |  | 2020 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |
Net income |  | $ | 60,597 |  |  | $ | 51,844 |  |  | $ | 41,876 |
Adjustments to reconcile net income to net cash from operating activities: |  |  |  |  |  |  |  |  |
Dividends in excess of net income (Equity in undistributed net income of subsidiaries) |  |  | (26,731 | ) |  |  | (5,247 | ) |  |  | (12,461 | )
Other |  |  | 559 |  |  |  | 6,846 |  |  |  | 1,167 |
Net cash from operating activities |  |  | 34,425 |  |  |  | 53,443 |  |  |  | 30,582 |
Cash flows from investing activities: |  |  |  |  |  |  |  |  |
Net cash paid in business combinations |  |  | 0 |  |  |  | (29,618 | ) |  |  | (20,423 | )
Net cash from investing activities |  |  | 0 |  |  |  | (29,618 | ) |  |  | (20,423 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |
Proceeds from long term borrowings |  |  | 0 |  |  |  | 73,749 |  |  |  | 0 |
Repurchase of common shares |  |  | 0 |  |  |  | (164 | ) |  |  | (14,238 | )
Cash dividends paid |  |  | (22,004 | ) |  |  | (14,072 | ) |  |  | (12,654 | )
Net cash from financing activities |  |  | (22,004 | ) |  |  | 59,513 |  |  |  | (26,892 | )
Net change in cash and cash equivalents |  |  | 12,421 |  |  |  | 83,338 |  |  |  | (16,733 | )
Beginning cash and cash equivalents |  |  | 92,076 |  |  |  | 8,738 |  |  |  | 25,471 |
Ending cash and cash equivalents |  | $ | 104,497 |  |  | $ | 92,076 |  |  | $ | 8,738 |

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- Definition Tabular disclosure of condensed financial statements, including, but not limited to, the balance sheet, income statement, and statement of cash flows. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Paragraph (a) -Subsection 04 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 + Details
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