The Farmers National Bank of Canfield in Canfield, Ohio (OH)



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The Farmers National Bank of Canfield routing number info

Table of contents:
The Farmers National Bank of Canfield
GeneralFDIC Certificate #: 6540
Status: Active
Federal Reserve ID: 680813
Bank Holding Company (Regulatory Top Holder): Farmers National Banc Corp. (RSSDID: 1071191, Location: Canfield, OH)
Date Established: Febuary 17, 1887
WWW: http://www.farmersbankgroup.com
Trust Powers Granted: No
Bank Charter Class: Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Offices: 17 (Domestic: 17, Interstate: No)
OTS Docket #: 13123
FDIC's unique #: 4377
Numeric code: 3
Regulator: OCC
Insurance Fund Membership: Deposit Insurance Fund (DIF)
Insured commercial Banks: Yes
FDIC Insured: Yes
Deposit Insurance Fund member: Yes
Ownership Type: Non-Stock
FFIEC Call Report 31 Filer: No
State Chartered: No
Subchapter S Corporations: No
Asset Concentration Hierarchy: All Other Specialization > 1 Billion
Date of Deposit Insurance: January 01, 1934
Last Structure Change Effective Date: March 31, 2006
Last Structure Change Process Date: November 03, 2006
Last Data Update: November 03, 2006
Data Source Date: April 05, 2012
LocationAddress: 20 South Broad Street, Canfield, OH 44406
County: Mahoning
Quarterly Banking Profile Region: Chicago
FDIC Geographic Region: Chicago
FDIC Supervisory Region: Chicago
FDIC Field Office: Columbus
Office of the Comptroller the Currency (OCC) District: Central
Office of Thrift Supervision Region: Central
Metropolitan Statistical Area (MSA): Youngstown-Warren, OH (#9320)
Combined Statistical Area (CSA): Youngstown-Warren-East Liverpool, OH-PA (#566)
Core Based Statistical Area (CBSA): Youngstown-Warren-Boardman, OH-PA (#49660)
CBSA Metro Statistical Area: Youngstown-Warren-Boardman, OH-PA (#49660)
History of ChangesMerge BIF and SAIF Funds into DIF
Financial SummaryTotal assets: $1,055.8 mil
Equity capital: $98.0 mil
Deposits held in domestic offices: $846.0 mil
Return on assets (ROA): 0.92% ($9.7 mil)
Quarterly return on assets: 1.19% ($12.6 mil)
Return on Equity (ROE): 10.42% ($10.2 mil)
Quarterly return on equity: 13.02% ($12.8 mil)
Net income: $9.4 mil
Quarterly Net income: $3.2 mil
Pretax return on assets: 1.18% ($12,458.6 mil)
Quarterly Pretax return on assets: 1.58% ($16,681.9 mil)

1992 - 1999 Historical total assets, liabilities and capital ($ mil)

2000 - 2011 Historical total assets, liabilities and capital ($ mil)

Historical Total Incomes ($ mil)

Historical Total Expenses ($ mil)

Historical total employees (full-time equivalent)

Assets and Liabilities (December 31, 2011)
(Dollar figures in thousands)
Total employees (full-time equivalent)286
Total assets$1,055,815
Cash and due from depository institutions$45,981
Interest-bearing balances$24,312
Securities$397,513
Federal funds sold & reverse repurchase agreements$4,349
Net loans & leases$562,536
Loan loss allowance $9,820
Trading account assets$0
Bank premises and fixed assets$16,360
Other real estate owned$585
Goodwill and other intangibles$0
All other assets$28,491
Life insurance assets$1,055,815
Total liabilities and capital$957,828
Total liabilities$846,003
Total deposits$805,277
Interest-bearing deposits$846,003
Deposits held in domestic offices$80
% insured (estimated)96988.00%
Federal funds purchased & repurchase agreements $0
Trading liabilities$11,414
Other borrowed funds $0
Subordinated debt $3,423
All other liabilities $97,987
Total equity capital$97,987
Total bank equity capital$97,987
Perpetual preferred stock$0
Common stock$2,712
Surplus$30,845
Undivided profits $64,430
Memoranda
Noncurrent loans and leases $0
Noncurrent loans that are wholly or partially guaranteed by the U.S. government $677
Income earned, not collected on loans $10,984
Earning assets $0
Long-term assets (5+ years) $4,013
Average Assets, year-to-date $988,710
Average Assets, quarterly $426,696
Volatile liabilities $1,021,329
Insider loans $1,065,088
FHLB advances $615,973
Loans and leases held for sale $1,052,987
Unused loan commitments $15,015
Tier 1 (core) risk-based capital $15,015
Tier 2 risk-based capital $89,922
Total risk weighted assets $0
Total unused commitments $0
Restructured Loans and leases $82,406
Derivatives$977
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Income and Expense (December 31, 2011)
(Dollar figures in thousands)
Total interest income $44,390
Total interest expense $7,785
Net interest income $36,605
Provision for loan and lease losses $3,650
Total noninterest income $5,500
Fiduciary activities $0
Service charges on deposit accounts $2,063
Trading account gains & fees $0
Additional noninterest income $3,437
Total noninterest expense $28,237
Salaries and employee benefits $14,450
Premises and equipment expense $2,171
Additional noninterest expense $11,616
Pre-tax net operating income $10,218
Securities gains (losses) $1,804
Applicable income taxes $2,626
Income before extraordinary items $9,396
Extraordinary gains - net $0
Net income attributable to bank $9,396
Net charge-offs $0
Cash dividends $9,396
Sale, conversion, retirement of capital stock, net $3,138
Net operating income $1,654
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Performance and Condition Ratios (December 31, 2011)
(Dollar figures in thousands)
Performance Ratios (%, annualized)
Yield on earning assets4.66%
Cost of funding earning assets 0.82%
Net interest margin 3.85%
Noninterest income to earning assets 0.58%
Noninterest expense to earning assets 2.97%
Net operating income to assets 0.78%
Return on assets (ROA) 0.92%
Pretax return on assets 1.18%
Return on equity (ROE) 10.42%
Retained earnings to average equity (YTD only) 8.59%
Net charge-offs to loans 0.55%
Credit loss provision to net charge-offs 116.32%
Efficiency ratio4.42%
Assets per employee$67,063
Cash dividends to net income (YTD only)3.69%
Condition Ratios (%)
Loss allowance to loans 17.60%
Loss allowance to noncurrent loans 1.72%
Noncurrent assets plus other real estate owned to assets 89.40%
Noncurrent loans to loans 1.10%
Net loans and leases to deposits1.92%
Net loans and leases to core deposits 66.49%
Equity capital to assets 69.32%
Core capital (leverage) ratio 9.28%
Tier 1 risk-based capital ratio 8.54%
Total risk-based capital ratio 14.60%
Memoranda
Average assets$16
Average earning assets$1,021,329
Average equity $90,143
Average loans $951,861
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17 Ohio Branches as of April 05, 2012
NoIDNameAddressEstablishedService TypeMap
04377The Farmers National Bank Of Canfiel20 South Broad Street, Canfield, OH 44406Febuary 17, 1887Full Service Brick and Mortar
1210632Austintown Branch22 North Niles-Canfield Road, Austintown, OH 44515June 15, 1959Full Service Brick and Mortar
2210633Colonial Plaza Branch401 East Main Street, Canfield, OH 44406June 15, 1966Full Service Brick and Mortar
3210634Lake Milton Branch17817 Mahoning Avenue, Lake Milton, OH 44429November 03, 1969Full Service Brick and Mortar
4210635Cornersburg Branch3619 South Meridian Road, Youngstown, OH 44511January 31, 1972Full Service Brick and Mortar
5210636Western Reserve Branch102 West Western Reserve Road, Boardman, OH 44514November 06, 1978Full Service Brick and Mortar
6210637Salem Branch1858 East State Street, Salem, OH 44460November 03, 1980Full Service Brick and Mortar
7210638Columbiana Branch340 State Route 14, Columbiana, OH 44408December 19, 1994Full Service Brick and Mortar
8218377Leetonia Branch16 Walnut Street, Leetonia, OH 44431July 01, 1942Full Service Brick and Mortar
9210639Damascus Branch29503 State Route 62, Damascus, OH 44619January 06, 1997Full Service Brick and Mortar
10210640Poland Branch Office106 Mckinley Way West, Poland, OH 44514January 25, 1999Full Service Brick and Mortar
119575Downtown Niles OfficeOne South Main Street, Niles, OH 44446November 04, 1904Full Service Brick and Mortar
12233371Niles Drive-In Branch170 East State Street, Niles, OH 44446December 06, 1968Limited Service Facility
13233372Girard Branch121 North State Street, Girard, OH 44420September 16, 1974Full Service Brick and Mortar
14233373422 Branch5845 Youngstown Warren Rd, Niles, OH 44446August 13, 1979Full Service Brick and Mortar
15233375Central Parkway Office Branch2910 Youngstown Road, Warren, OH 44484January 30, 1991Full Service Brick and Mortar
16221454Mineral Ridge Branch3826 Main Street, Mineral Ridge, OH 44440June 21, 1971Full Service Brick and Mortar
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