8-K

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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                      SECURITIES EXCHANGE ACT OF 1934 Date
                            of Report March 17, 2003
                                      --------------

                           FARMERS NATIONAL BANC CORP.
             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)



              OHIO                          2-80339              34-1371693
(STATE OR OTHER JURISDICTION OF                                (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION)     (COMMISSION FILE NUMBER)     IDENTIFICATION
                                                                     NUMBER)

                              20 SOUTH BROAD STREET
                               CANFIELD, OH 44406
                    (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)


                                  (330)533-3341
               (REGISTRANTS TELEPHONE NUMBER, INCLUDING AREA CODE)


                                    COPY TO:

                               CHARLES D. NIEHAUS
                             KENNEY & NIEHAUS, LTD.
                           5470 MAIN STREET, SUITE 300
                              SYLVANIA, OHIO 43560
              (419) 517-7000; E-Mail: niehaus@kenneyniehauslaw.com


                                    FORM 8-K

         Item 5.  Other events

         On March 11, 2003, Farmers National Banc Corp. (the "Registrant")
announced that its Board of Directors has adopted the 2003 Stock Repurchase
Program. Under the stock repurchase program, the Registrant will be authorized
to repurchase shares of its outstanding common stock in the open market or in
privately negotiated transactions at appropriate times to allow it to enhance
the value of its stock and to manage its capital.


The Board's action will allow management to make repurchases, without
further board approval, when stock purchases are deemed prudent. The 2003 Stock
Repurchase Program contemplates that stock repurchases will be made in
accordance with Rule 10b-18 of the regulations issued under the Securities
Exchange Act of 1934. Pursuant to the plan, the Registrant may purchase up to
4.9% of the company's outstanding common stock during a one-year period of time
from March 2003.

         Additionally, Director David C. Myers announced that he has provided
the Company with a formal notice of his retirement from the Boards of Directors
of the Company and its subsidiary bank, The Farmers National Bank of Canfield.
Mr. Myers has expressed that his retirement shall be effective as of March 27,
2003 the date of the annual meeting of shareholders.

         A copy of the Press Release announcing the adoption of the 2003 Stock
Repurchase Program and the retirement of Mr. Myers is attached hereto as Exhibit
99.


                                    SIGNATURE

              Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

                                        FARMERS NATIONAL BANC CORP.


Dated:   March 17, 2003                 By:  /s/      Frank L. Paden
       ------------------------              ----------------------------
                                        Frank L. Paden, President and Secretary

EX-99

                                                                   EXHIBIT 99


                                  PRESS RELEASE
                          FOR STOCK REPURCHASE PROGRAM

For immediate release March 17, 2003. For additional information contact
Frank L. Paden, President, Farmers National Banc Corp. (330) 533-3341

              FARMERS NATIONAL BANC CORP. ANNOUNCES APPROVAL OF THE
                         2003 STOCK REPURCHASE PROGRAM.

Frank L. Paden, President of Farmers National Banc Corp., Canfield, Ohio,
announced that the Company's Board of Directors has adopted the 2003 Stock
Repurchase Program. Under the 2003 Stock Repurchase Program, the Company is
authorized to repurchase shares of its outstanding common stock in the open
market or in privately negotiated transactions. Through the Stock Repurchase
Program, the Company will repurchase up to 4.9% of its outstanding common stock
during the next 12 months. The repurchase plan will begin today and end on March
14, 2004. Mr. Paden stated that "the Board's action was based on its conclusion
that the ability to repurchase stock under certain appropriate circumstances
will help the company enhance the value of its common stock for its shareholders
as well as assist management in its ability to strategically manage its capital.
Most importantly, the Board of Directors recognizes that the purchase of its own
shares represents a very good investment opportunity." The Company intends to
immediately implement the program. Mr. Paden also stated "a purchase of its
common stock at the current market price is beneficial to the Company and to its
continuing shareholders." The repurchases under the plan will be made in
accordance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended.

            FARMERS NATIONAL BANC CORP. DIRECTOR ANNOUNCES RETIREMENT

            DIRECTOR DAVID C. MYERS RETIRES AFTER 15 YEARS OF SERVICE

Mr. Paden also announced that he has received the notice of retirement from
Director David C. Myers. Mr. Myers has expressed his desire to retire from the
Board of Directors on March 27, 2003. He has stated that on that day he will
resign his position as director. Pursuant to the Code of Regulations of the
Company, the remaining directors will fill the vacancy created on the Board. In
anticipation of Mr. Myers' retirement, the nominating committee of the Board of
Directors has undertaken to conduct a search for the new director. It is
anticipated that the new director will be announced on the date of Mr. Myers'
retirement, which coincides with the Annual Meeting of Shareholders. This year's
annual meeting will feature a tribute to Mr. Myers for his outstanding years of
service and stewardship to the Company and to The Farmers National Bank of
Canfield.