Farmers Declares 11-Cent Quarterly Dividend
CANFIELD, Ohio — Farmers National Banc Corp. declared a quarterly cash dividend of 11 cents per share.
The common stock cash dividend will have a record date of Dec. 11, and is payable to shareholders on Dec. 31.
In the third quarter, Farmers National Banc Corp., the parent company of Farmers National Bank, reported net income of $10.9 million, up from the $9.2 million reported in the same quarter a year ago.
During the Paycheck Protection Program, Farmers provided loans to 1,714 borrowers, totaling $199.8 million. As of Oct. 22, the bank has received forgiveness payments from the Small Business Administration totaling $1.8 million.
Published by The Business Journal, Youngstown, Ohio.