Farmers National Bank has announced changes in its Accounting and Finance Group with the retirement of Joseph Sabat as Chief Accounting Officer, effective May 2nd, 2025. Sabat, who was promoted to the role in 2021, has been with the bank since 2006 and previously served as the Controller. The company expressed gratitude for his 25+ years of service, highlighting his contribution to the organization's financial soundness throughout the years.
Upon Sabat's retirement, Sherry Commons will assume the role of Chief Accounting Officer. Commons, who has over 23 years of banking experience, began serving as the Company's Controller in March 2025. She holds an accounting degree from Youngstown State University and is a Mahoning Valley resident. Commons will report to the Company’s Chief Financial Officer, Troy Adair, who welcomed her to the key role, emphasizing her expertise and experience as essential for the company’s financial excellence.
Founded in 1887, Farmers National Banc Corp. is a diversified financial services company headquartered in Canfield, Ohio, with $5.2 billion in banking assets. The company's wholly-owned subsidiaries include The Farmers National Bank of Canfield, which operates 62 banking locations in Ohio and Pennsylvania, and Farmers Trust Company, which operates trust offices and offers services in the same geographic markets. As of March 31, 2025, the company's total wealth management assets under care are $4.3 billion. Farmers National Insurance, LLC, a wholly-owned subsidiary of The Farmers National Bank of Canfield, offers a variety of insurance products. The market has reacted to these announcements by moving the company's shares -1.2% to a price of $12.55. For more information, read the company's full 8-K submission here.
