The Farmers National Bank of Canfield
The Farmers National Bank of Canfield reported total assets of $7.2 bn at Q2 2026, up 38.7% on a year earlier, the 214th largest of 497 banks in our US coverage. The CET1 capital ratio at The Farmers National Bank of Canfield was 12.64%. The Farmers National Bank of Canfield held deposits of $5.9 bn. Source: FDIC Call Reports.
Key takeaways
- Since , The Farmers National Bank of Canfield has taken over 5 institutions; the latest was The Middlefield Banking Company on (FDIC Call Reports).
- On return on equity (ROE), The Farmers National Bank of Canfield slipped from 196th to 269th among 500 US banks between and (1 = highest; FDIC Call Reports).
- Over the year to , the bank equity capital of The Farmers National Bank of Canfield rose by 72.0% to $820.3 mn, a bigger rise than at 99% of covered banks (FDIC Call Reports).
What sets The Farmers National Bank of Canfield apart
- Over the year to , the net loans and leases of The Farmers National Bank of Canfield rose by 44.7% to $4.7 bn, a bigger rise than at 96% of covered banks.
- Over the year to , the total assets of The Farmers National Bank of Canfield rose by 38.7% to $7.2 bn, a bigger rise than at 96% of covered banks.
How large is The Farmers National Bank of Canfield?
The balance sheet of The Farmers National Bank of Canfield at : assets $7.2 bn, deposits $5.9 bn, net loans $4.7 bn (loans equal to 80.53% of deposits). Securities make up 20.5% of total assets at The Farmers National Bank of Canfield. Since , when The Farmers National Bank of Canfield held $1.8 bn, its assets grew 288.2%. In the year to , deposits at The Farmers National Bank of Canfield rose 32.5% while its total assets rose 38.7%. At , The Farmers National Bank of Canfield employed 834 full-time equivalent staff across 85 offices, about $8.6 mn of assets per employee and $69.0 mn of deposits per office.
How much funding at The Farmers National Bank of Canfield is uninsured?
At The Farmers National Bank of Canfield, uninsured deposits (above the FDIC limit) made up 34.66% of domestic deposits at (+0.79 pp on a year earlier); The Farmers National Bank of Canfield ranks 252nd of 500 on this measure. In dollars, The Farmers National Bank of Canfield estimated $2.0 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $5.9 bn | +32.5% | 211th of 499 |
| Net loans and leases | $4.7 bn | +44.7% | 221st of 500 |
| Loan-to-deposit ratio | 80.53% | +6.77 pp | 335th of 500 |
| Tier 1 leverage ratio | 9.55% | +0.43 pp | 363rd of 500 |
| Total risk-based capital ratio | 13.69% | -0.06 pp | 285th of 448 |
| Net interest margin | 3.50% | +0.38 pp | 300th of 500 |
| Return on assets (ROA) | 1.29% | +0.20 pp | 259th of 500 |
| Efficiency ratio | 55.63% | -0.06 pp | 244th of 500 (1 = lowest) |
| Unrealized gain/loss on available-for-sale securities | Loss of $185.1 mn | Narrowed by $37.4 mn | |
| Noncurrent loans to total loans | 0.93% | +0.09 pp | 352nd of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.19% | +0.13 pp | 340th of 500 (1 = lowest) |
US rank of The Farmers National Bank of Canfield: 1 = highest unless marked 1 = lowest.
Balance sheet
The Farmers National Bank of Canfield: assets, deposits and loans
- Total assets $7.2bn
- Deposits $5.9bn
- Net loans $4.7bn
Capital and securities
The CET1 ratio of The Farmers National Bank of Canfield stood at 12.64% in , -0.03 pp year on year. Low and high at The Farmers National Bank of Canfield since : 10.64% () to 13.27% (). Equity capital of The Farmers National Bank of Canfield at : $820.3 mn, or 11.5% of total assets. The Farmers National Bank of Canfield also reported a total capital ratio of 13.69% for , and a tier 1 leverage ratio of 9.55%.
The available-for-sale portfolio of The Farmers National Bank of Canfield showed an unrealized loss of $185.1 mn at ; the loss narrowed by $37.4 mn over the year.
The Farmers National Bank of Canfield: capital ratios
- Total capital 14%
- CET1 13%
- Tier 1 leverage 9.6%
The Farmers National Bank of Canfield: unrealized securities gains and losses
- Available for sale -$185mn
- Held to maturity $0
Profitability and loan quality
For the year to , The Farmers National Bank of Canfield earned a return on equity of 11.64%; return on assets: 1.29%. Net interest margin at The Farmers National Bank of Canfield: 3.50%, +0.38 pp in a year. The Farmers National Bank of Canfield net income: $42.1 mn, up 51.2% year on year. The efficiency ratio of The Farmers National Bank of Canfield was 55.63%: about 56 cents cost per revenue dollar, against 54 cents at the median peer.
At , noncurrent loans were 0.93% of total loans at The Farmers National Bank of Canfield; net charge-offs: 0.19% of average loans. Gross loans and leases at The Farmers National Bank of Canfield: $4.8 bn, up 44.6% in a year.
The Farmers National Bank of Canfield: profitability
- Return on equity 12%
- Net interest margin 3.5%
- Return on assets 1.3%
Peer group of The Farmers National Bank of Canfield
The peer group of The Farmers National Bank of Canfield is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 1 shares the charter type of The Farmers National Bank of Canfield (national bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Ohio. Against them, The Farmers National Bank of Canfield shows CET1 ratio 12.64% against a peer median of 14.83%, return on equity 11.64% against a peer median of 14.89% and uninsured deposit share 34.66% against a peer median of 32.79%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Comenity Bank | State nonmember bank | DE | $7.4 bn | 15.53% | 36.37% | 1.04% | |
| Pathward | National bank | SD | $7.3 bn | 12.05% | 23.28% | 12.74% | |
| Lake City Bank | State member bank | IN | $7.2 bn | 14.13% | 15.52% | 57.58% | |
| The Farmers National Bank of Canfield | National bank | OH | $7.2 bn | 12.64% | 11.64% | 34.66% | |
| Johnson Bank | State member bank | WI | $7.1 bn | 15.62% | 10.61% | 49.03% | |
| Republic Bank & Trust Company | State nonmember bank | KY | $7.1 bn | 16.55% | 14.26% | 45.58% | |
| Mid Penn Bank | State nonmember bank | PA | $7.0 bn | 12.55% | 9.89% | 20.01% | |
. FDIC Call Reports.
Last eight quarters
Two years at The Farmers National Bank of Canfield, to : assets +37.0%, deposits +32.8%, equity +78.5%. Staff 616 to 834; offices 64 to 85.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $5.2 bn | $5.1 bn | $5.1 bn | $5.2 bn | $5.2 bn | $5.2 bn | $7.2 bn | $7.2 bn |
| Total deposits | $4.4 bn | $4.3 bn | $4.5 bn | $4.4 bn | $4.4 bn | $4.4 bn | $5.9 bn | $5.9 bn |
| Bank equity capital | $459.5 mn | $432.3 mn | $461.9 mn | $477.0 mn | $501.5 mn | $527.9 mn | $823.2 mn | $820.3 mn |
| CET1 ratio | 11.46% | 11.88% | 12.36% | 12.67% | 12.64% | 13.20% | 12.67% | 12.64% |
| Return on equity (ROE) | 10.03% | 10.84% | 12.31% | 12.20% | 11.45% | 11.50% | 11.32% | 11.64% |
| Uninsured share of domestic deposits | 35.21% | 32.80% | 33.93% | 33.86% | 35.41% | 34.12% | 35.03% | 34.66% |
| Full-time equivalent employees | 616 | 615 | 623 | 636 | 623 | 629 | 831 | 834 |
| Number of offices | 64 | 64 | 64 | 64 | 64 | 64 | 85 | 85 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of The Farmers National Bank of Canfield, oldest first; figures before and after each event are not like for like.
- . Absorbed 1st National Community Bank (FDIC certificate 26977).
- . Absorbed The Monitor Bank (FDIC certificate 16921).
- . Absorbed Geauga Savings Bank (FDIC certificate 32287).
- . Absorbed The Cortland Savings and Banking Company (FDIC certificate 2281).
- . Absorbed The Farmers National Bank of Emlenton (FDIC certificate 7875).
- . Absorbed The Middlefield Banking Company (FDIC certificate 13716).
Large one-quarter moves at The Farmers National Bank of Canfield
- Total assets at The Farmers National Bank of Canfield changed by +25.1% in the quarter to 2023-03-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from The Farmers National Bank of Emlenton.
- Total assets at The Farmers National Bank of Canfield changed by +38.0% in the quarter to 2026-03-31: Merger -Without Assistance; Participated in Absorbtion/Consolidation/Merger: acquired from The Middlefield Banking Company.
Questions and identifiers
What were the total assets of The Farmers National Bank of Canfield?
The Farmers National Bank of Canfield reported $7.2 bn at in its Call Report. That makes The Farmers National Bank of Canfield the 214th largest of 497 banks in our US coverage.
Is The Farmers National Bank of Canfield the same as its holding company?
No. This page covers The Farmers National Bank of Canfield, FDIC certificate 6540; FARMERS NATIONAL BANC CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is The Farmers National Bank of Canfield profitable?
The Farmers National Bank of Canfield reported net income of $42.1 mn for the year to ; annualized return on equity: 11.64%. So yes: The Farmers National Bank of Canfield made a profit over these months.
When is data for The Farmers National Bank of Canfield next updated?
Figures from The Farmers National Bank of Canfield for are due after .
Where can I check the figures for The Farmers National Bank of Canfield?
In the FDIC BankFind Suite record for certificate 6540, and in the Call Reports of The Farmers National Bank of Canfield (RSSD ID 680813) at the FFIEC Central Data Repository.