Farmers national banc corp /oh/ (FMNB)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
INTEREST AND DIVIDEND INCOME
Loans, including fees

89,103

79,835

69,934

63,109

44,657

30,901

30,717

31,874

33,191

36,875

37,634

Taxable securities

4,840

4,928

4,899

5,058

5,903

7,282

7,062

8,099

8,058

8,755

9,399

Tax exempt securities

6,687

5,707

4,763

3,650

2,951

2,523

2,949

2,831

2,911

2,490

2,447

Dividends

627

652

537

515

287

190

196

206

195

189

263

Federal funds sold and other interest income

729

644

394

166

29

19

35

100

79

56

-

Federal funds sold and other interest income

-

-

-

-

-

-

-

-

-

-

32

TOTAL INTEREST AND DIVIDEND INCOME

101,986

91,766

80,527

72,498

53,827

40,915

40,959

43,110

44,434

48,365

49,775

INTEREST EXPENSE
Deposits

16,860

8,139

4,490

3,221

3,489

4,008

4,560

5,719

6,617

9,043

12,726

Short-term borrowings

2,250

4,936

2,167

689

177

46

51

103

325

872

1,847

Long-term borrowings

498

190

224

468

424

525

452

390

895

1,083

1,974

TOTAL INTEREST EXPENSE

19,608

13,265

6,881

4,378

4,090

4,579

5,063

6,212

7,837

10,998

16,547

NET INTEREST INCOME

82,378

78,501

73,646

68,120

49,737

36,336

35,896

36,898

36,597

37,367

33,228

Provision for loan losses

-

-

-

3,870

3,510

1,880

1,290

-

-

-

-

Provision for loan losses

2,450

3,000

3,350

-

-

-

-

725

3,650

8,078

6,050

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

79,928

75,501

70,296

64,250

46,227

34,456

34,606

36,173

32,947

29,289

27,178

NONINTEREST INCOME
Service charges on deposit accounts

-

-

-

-

3,253

2,627

2,370

2,043

2,063

2,071

2,593

Bank owned life insurance income, including death benefits

-

-

-

814

702

459

696

526

-

-

-

Bank owned life insurance income

818

881

831

-

-

-

-

-

594

993

621

Security gains, including fair value changes for equity securities

42

271

4

73

-

-

-

-

-

-

-

Trust fees

-

-

-

-

6,156

6,092

5,583

5,497

5,355

4,900

3,469

Insurance agency commissions

-

-

-

-

569

354

243

124

152

234

80

Security gains, including fair value changes for equity securities

-

-

-

-

94

457

863

1,059

1,804

2,680

1,017

Impairment of equity securities

-

-

-

-

-

-

3

0

11

0

74

Retirement plan consulting fees

-

-

-

-

2,130

1,809

628

0

0

-

-

Investment commissions

-

-

-

-

1,172

1,026

989

946

863

540

344

Net gains on sale of loans

4,386

2,729

3,066

2,843

1,101

358

505

598

-

-

-

Debit card and EFT fees

-

-

-

-

1,882

-

-

-

-

-

-

Net gains on sale of loans

-

-

-

-

-

-

-

-

113

0

-

Other operating income

2,031

1,479

1,370

1,848

1,247

2,121

2,040

1,785

1,606

1,792

1,338

TOTAL NONINTEREST INCOME

28,602

25,499

24,051

23,244

18,306

15,303

13,914

12,578

12,539

13,210

9,388

NONINTEREST EXPENSES
Salaries and employee benefits

37,172

35,976

34,759

31,908

26,638

20,878

22,054

19,746

17,504

16,406

15,145

Occupancy and equipment

6,649

6,478

6,292

6,615

5,452

4,505

4,189

4,179

3,601

3,454

3,538

State and local taxes

1,826

1,887

1,663

1,544

1,171

878

1,313

1,203

-

-

-

State and local taxes

-

-

-

-

-

-

-

-

955

900

930

Professional fees

3,122

2,856

2,891

2,757

3,180

2,451

2,212

1,967

1,791

1,886

1,496

Merger related costs

197

-155

888

-

-

-

-

-

-

-

-

Merger related costs

-

-

-

563

6,392

0

330

0

0

-

453

Advertising

1,736

1,559

1,527

1,462

1,479

1,112

911

973

835

637

595

FDIC insurance

331

899

869

1,055

937

733

719

710

831

1,306

1,543

Intangible amortization

1,306

1,418

1,494

1,461

983

767

624

409

479

580

449

Core processing charges

3,370

3,073

2,880

-

-

-

-

1,419

1,293

1,228

231

Core processing charges

-

-

-

2,699

2,176

1,571

1,354

-

-

-

-

Telephone and data

948

1,061

973

930

676

-

-

-

-

-

-

FHLB advance prepayment fee

-

-

-

-

-

-

-

-

1,195

0

-

FHLB advance prepayment fee

-

-

-

-

-

-

-

-

-

-

368

Other operating expenses

8,798

7,665

6,950

8,458

4,895

5,267

5,351

5,158

5,244

4,567

4,907

TOTAL NONINTEREST EXPENSES

65,455

62,717

61,186

59,452

53,979

38,162

39,057

35,764

33,728

30,964

29,655

INCOME BEFORE INCOME TAXES

43,075

38,283

33,161

28,042

10,554

11,597

9,463

-

-

-

-

INCOME BEFORE INCOME TAXES

-

-

-

-

-

-

-

12,987

11,758

11,535

6,911

INCOME TAXES

7,315

5,714

10,450

7,485

2,499

2,632

1,683

3,055

2,540

2,544

1,069

NET INCOME

35,760

32,569

22,711

20,557

8,055

8,965

7,780

9,932

9,218

8,991

5,842

EARNINGS PER SHARE - basic and diluted

-

-

-

-

0.36

0.48

0.41

0.53

0.50

-

-

EARNINGS PER SHARE - basic

1.29

1.18

0.82

0.76

-

-

-

-

-

0.66

0.44

EARNINGS PER SHARE - fully diluted

1.28

1.16

0.82

0.76

-

-

-

-

-

0.66

0.44

Service Charges on Deposit Accounts
Noninterest income

4,514

4,254

4,077

4,010

-

-

-

-

-

-

-

Trust Fees
Noninterest income

7,475

7,126

6,431

6,235

-

-

-

-

-

-

-

Insurance Agency Commissions
Noninterest income

2,919

2,621

2,407

1,560

-

-

-

-

-

-

-

Retirement Plan Consulting Fees
Noninterest income

1,489

1,684

1,857

1,990

-

-

-

-

-

-

-

Investment Commissions
Noninterest income

1,406

1,103

919

1,210

-

-

-

-

-

-

-

Debit Card and EFT Fees
Noninterest income

3,522

3,351

3,089

2,661

-

-

-

-

-

-

-