Farmers National Banc Corp. has just completed a merger with Middlefield Banc Corp., bringing two new board members on board. As a result of the merger, Farmers National Banc Corp. now boasts over $7.4 billion in banking assets and over $4.7 billion in wealth management assets under care. The company operates 83 branches throughout Ohio and Pennsylvania.
This is Farmers National Banc Corp.'s seventh bank acquisition in the last decade, reflecting the company's successful track record in executing and integrating strategic combinations. The merger has deepened the company's presence in northeast Ohio and expanded its footprint across central and western Ohio, including the Columbus region, where targeted investments are being made.
In connection with the merger, Farmers National Banc Corp. has welcomed two members from Middlefield's board of directors to its own board of directors. Kevin A. DiGeronimo, a principal at the DiGeronimo Companies, and Michael C. Voinovich, the Executive Vice President and Chief Investment Officer of Echo Health, Inc., have joined the board.
As of December 31, 2025, Farmers National Banc Corp. had $5.2 billion in banking assets, and its wholly-owned subsidiaries included the Farmers National Bank of Canfield, with 62 banking locations in Ohio and Pennsylvania, and Farmers Trust Company, which operates trust offices in the same geographic markets. Total wealth management assets under care at that time were $4.7 billion.
The company's successful execution of this merger and its continued growth reflect its commitment to driving sustainable growth and long-term shareholder value. Following these announcements, the company's shares moved 0.0%, and are now trading at a price of $13.53. For more information, read the company's full 8-K submission here.
