EX-FILING FEES 8 d341335dexfilingfees.htm EX-FILING FEES EX-FILING FEES

Exhibit 107

Calculation of Filing Fee Tables

Form S-4

(Form Type)

Farmers National Banc Corp.

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered and Carry Forward Securities

 

                         
     Security
Type
  Security
Class
Title
  Fee
Calculation
or Carry
Forward
Rule
  Amount
Registered(1)
  Proposed
Maximum
Offering
Price Per
Unit
 

Proposed

Maximum
Aggregate
Offering
Price(2)

  Fee
Rate
  Amount of
Registration
Fee(3)
  Carry
Forward
Form
Type
  Carry
Forward
File
Number
  Carry
Forward
Initial
effective
date
  Filing Fee
Previously
Paid In
Connection
with Unsold
Securities to
be Carried
Forward
 
Newly Registered Securities
                         

Fees to Be

Paid

  Equity   Common
Shares,

without
par value

  Other(2)   4,195,056   N/A   $65,364,811.40   $92.70 per

 $1,000,000.00 

   $6,059.32           
                         

Fees

Previously

Paid

                         
 
Carry Forward Securities
                         

Carry

Forward

Securities

                       
                   
    Total Offering Amounts      $65,364,811.40     $6,059.32          
                   
    Total Fees Previously Paid                   
                   
    Total Fee Offsets                   
                   
    Net Fee Due                $6,059.32                

 

(1)

Represents an estimate of the maximum number of common shares, without par value, of Farmers National Banc Corp. (“Farmers”) estimated to be issuable upon completion of the merger described herein. This number is based on 70% of the maximum number of common shares, $1.25 par value, of Emclaire Financial Corp. (“Emclaire”) outstanding and reserved for issuance as of May 9, 2022 and common shares that may be issued upon the vesting of outstanding restricted shares under Emclaire’s equity compensation plans, and an exchange ratio of 2.15 shares of Farmers common shares for each such Emclaire common share.

(2)

Pursuant to Rule 457(c) and (f)(3) under the Securities Act, and estimated solely for the purpose of calculating the registration fee, the proposed maximum aggregate offering price was calculated as (A) the product of (i) $35.45, the average of the high and low prices per common share of Emclaire as reported on The NASDAQ Capital Market on May 9, 2022 (within five business days prior to the date of this Registration Statement), and (ii) 2,787,412, the estimated maximum number of common shares of Emclaire that may be exchanged in the merger, minus (B) $33,448,944.00, the estimated aggregate amount of cash to be paid by Farmers to Emclaire shareholders in connection with the merger.

(3)

Calculated pursuant to Rule 457 of the Securities Act by multiplying the proposed maximum aggregate offering price of securities to be registered by .0000927.