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Parent Company Only Condensed Financial Information (Tables)

12 Months Ended

Dec. 31, 2024

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,		2024				2023
BALANCE SHEETS
Assets:
Cash		$	46,011			$	57,071
Investment in subsidiaries
Bank			432,271				424,393
Farmers Trust			15,131				13,431
Captive			0				0
Other investments			306				424
Total assets		$	493,719			$	495,319
Liabilities:
Other liabilities		$	1,541			$	2,241
Subordinated debt			86,150				88,663
Total liabilities			87,691				90,904
Total stockholders' equity			406,028				404,415
Total liabilities and stockholders' equity		$	493,719			$	495,319

STATEMENTS OF INCOME
Years ended December 31,		2024				2023				2022
Income:
Dividends from subsidiaries
Bank		$	20,000			$	20,000			$	30,000
Farmers Trust			3,000				4,000				8,000
Captive Insurance			0				0				1,400
Gain on debt extinguishment			444				0				0
Interest and dividends on securities			0				44				0
Total Income			23,444				24,044				39,400
Interest on borrowings			4,090				4,086				3,428
Other expenses			3,418				4,109				3,451
Income before income tax benefit and undistributed    subsidiary income			15,936				15,849				32,521
Income tax benefit			1,475				1,624				1,345
Equity in undistributed net income of subsidiaries    (dividends in excess of net income)
Bank			26,837				30,848				25,935
Farmers Trust			1,701				(320	)			662
Captive			0				1,931				134
Net Income		$	45,949			$	49,932			$	60,597
Comprehensive Income		$	25,238			$	87,868			$	(159,188	)

STATEMENTS OF CASH FLOWS
Years ended December 31,		2024				2023				2022
Cash flows from operating activities:
Net income		$	45,949			$	49,932			$	60,597
Adjustments to reconcile net income to net cash from    operating activities:
Dividends in excess of net income (Equity in    undistributed net income of subsidiaries)			(28,538	)			(32,459	)			(26,731	)
(Gain) on debt extinguishment			(444	)			0				0
Other			(104	)			5,481				559
Net cash from operating activities			16,863				22,954				34,425
Cash flows from investing activities:
Net cash paid in business combinations			0				(33,440	)			0
Net cash from investing activities			0				(33,440	)			0
Cash flows from financing activities:
Repurchase of common shares			0				(11,544	)			0
Redemption of subordinated debentures			(2,535	)			0				0
Cash dividends paid			(25,388	)			(25,396	)			(22,004	)
Net cash from financing activities			(27,923	)			(36,940	)			(22,004	)
Net change in cash and cash equivalents			(11,060	)			(47,426	)			12,421
Beginning cash and cash equivalents			57,071				104,497				92,076
Ending cash and cash equivalents		$	46,011			$	57,071			$	104,497

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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
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 04
-Paragraph a
-Publisher SEC

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

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