Farmers National Banc Corp. (FMNB) financial statements (2021 and earlier)

Company profile

Business Address 20 S BROAD STREET
CANFIELD, OH 44406
State of Incorp. OH
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments27312518202311
Cash and cash equivalents21231818202311
Short-term investments787    
Restricted cash and investments2013634301629 
Disposal group, including discontinued operation      1
Total current assets:228675948365212
Noncurrent Assets
Operating lease, right-of-use asset53
Property, plant and equipment26242122232417
Long-term investments and receivables922222 
Long-term investments922222 
Intangible assets, net (including goodwill)5043444545439
Goodwill4638383837356
Intangible assets, net (excluding goodwill)4467883
Total noncurrent assets:89726770706926
Other undisclosed assets2,7532,3102,2022,0411,8601,7491,099
TOTAL ASSETS:3,0712,4492,3292,1591,9661,8701,137
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt37724529019822659
Total current liabilities:37724529019822659
Noncurrent Liabilities
Long-term debt and lease obligation    22 
Long-term debt, excluding current maturities    22 
Total noncurrent liabilities:    22 
Other undisclosed liabilities2,7192,0731,8221,6271,5521,444954
Total liabilities:2,7212,1502,0671,9171,7531,6721,013
Stockholders' equity
Stockholders' equity attributable to parent350299262242213198124
Common stock209186186187178176106
Treasury stock, value(19)(6)(3)(5)(5)(5)(4)
Accumulated other comprehensive income (loss)2210(4)1(3)01
Retained earnings1381098459432621
Total stockholders' equity:350299262242213198124
TOTAL LIABILITIES AND EQUITY:3,0712,4492,3292,1591,9661,8701,137

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1241069497856652
Net investment income1121019180725441
Financial services revenue17131211
Cost of revenue(9)(2)    (2)
Provision for loan, lease, and other losses(9)(2) 
Financial services costs   (2)
Gross profit:1151039497856650
Operating expenses(16)(15)(15)(50)(49)(48)(32)
Other operating income, net
(Noninterest Income, Other Operating Income)
2211532
Operating income:102908148412220
Nonoperating income11    1
Investment income, nonoperating      1
Bank owned life insurance income11    0
Interest and debt expense(16)(20)(13)(7)(4)(4)(5)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (5)
Income from continuing operations before equity method investments, income taxes:87716741361812
Other undisclosed loss from continuing operations before income taxes(36)(28)(29)(8)(8)(7) 
Income from continuing operations before income taxes:50433833281112
Income tax expense(8)(7)(6)(10)(7)(2)(3)
Net income available to common stockholders, diluted:423633232189

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:423633232189
Other comprehensive income (loss)1214(4)3(3)(1)7
Comprehensive income, net of tax, attributable to parent:5450282618716

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: